Abshire Smith
CFI Markets
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while CFI Markets was established in 2012 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Abshire Smith serves 10,000+ clients worldwide; CFI Markets has 10,000+. The minimum deposit is $500 at Abshire Smith and $100 at CFI Markets.
| Feature | Abshire Smith | CFI Markets |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) |
| Founded | 1997 | 2012 |
| Country | United kingdom | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and CFI Markets, directly affecting your bottom line as a trader. CFI Markets has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Abshire Smith). CFI Markets charges withdrawal fees while Abshire Smith does not, giving Abshire Smith an edge for frequent withdrawers. CFI Markets applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; CFI Markets does not. Overall, CFI Markets scores higher on fees in our assessment.
| Feature | Abshire Smith | CFI Markets |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while CFI Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Abshire Smith | CFI Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | MT4, Mac, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and CFI Markets compare. CFI Markets runs regular live webinars; Abshire Smith does not. CFI Markets has a video library; Abshire Smith does not. CFI Markets publishes daily market commentary; Abshire Smith does not. CFI Markets integrates third-party research tools (Trading Central); Abshire Smith does not. CFI Markets maintains an archive of past webinars for on-demand viewing. CFI Markets scores higher overall in education and research.
| Feature | Abshire Smith | CFI Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while CFI Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Abshire Smith | CFI Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and CFI Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Abshire Smith | CFI Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |