Abshire Smith
Forex.com
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while Forex.com was established in 2001 and is based in United States. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Abshire Smith serves 10,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $500 at Abshire Smith and Typical at Forex.com.
| Feature | Abshire Smith | Forex.com |
|---|---|---|
| Min. Deposit | $500 | Typical |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) |
| Founded | 1997 | 2001 |
| Country | United kingdom | United States |
| Clients | 10,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and Forex.com, directly affecting your bottom line as a trader. Abshire Smith has a lower barrier to entry with a minimum deposit of $500 (vs Typical at Forex.com). Forex.com charges withdrawal fees while Abshire Smith does not, giving Abshire Smith an edge for frequent withdrawers. Forex.com applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; Forex.com does not. The two brokers are broadly comparable on fee structure.
| Feature | Abshire Smith | Forex.com |
|---|---|---|
| Min. Deposit | $500 | Typical |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while Forex.com 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 | Forex.com |
|---|---|---|
| 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, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and Forex.com compare. Forex.com runs regular live webinars; Abshire Smith does not. Forex.com has a video library; Abshire Smith does not. Forex.com publishes daily market commentary; Abshire Smith does not. Forex.com integrates third-party research tools (Trading Central); Abshire Smith does not. Forex.com maintains an archive of past webinars for on-demand viewing. Forex.com scores higher overall in education and research.
| Feature | Abshire Smith | Forex.com |
|---|---|---|
| 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 Forex.com supports 3 (bank transfer, credit/debit card, PayPal). Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | Forex.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and Forex.com supports 3, giving Forex.com broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | Forex.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese, Arabic |