Abshire Smith
fx choice
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while fx choice was established in 2016 and is based in Australia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Abshire Smith serves 10,000+ clients worldwide; fx choice has 10,000+. The minimum deposit is $500 at Abshire Smith and $250 at fx choice.
| Feature | Abshire Smith | fx choice |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F235 |
| Founded | 1997 | 2016 |
| Country | United kingdom | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and fx choice, directly affecting your bottom line as a trader. fx choice has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. fx choice applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; fx choice does not. The two brokers are broadly comparable on fee structure.
| Feature | Abshire Smith | fx choice |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while fx choice 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 | fx choice |
|---|---|---|
| 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, Mac, ZuluTrade, Web Trader, cTrader, 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 fx choice compare. fx choice runs regular live webinars; Abshire Smith does not. fx choice has a video library; Abshire Smith does not. fx choice publishes daily market commentary; Abshire Smith does not. fx choice integrates third-party research tools (Trading Central); Abshire Smith does not. fx choice maintains an archive of past webinars for on-demand viewing. fx choice scores higher overall in education and research.
| Feature | Abshire Smith | fx choice |
|---|---|---|
| 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 fx choice supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx choice uniquely supports PayPal and Skrill and Neteller among the two brokers. fx choice scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | fx choice |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 fx choice offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and fx choice supports 8, giving fx choice broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | fx choice |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |