B

Abshire Smith

5/10

fx next

8.3/10
7/10RegulationWinner10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Abshire Smith was founded in 1997 and is headquartered in United kingdom, while fx next was established in 2018 and is based in Dubai. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Abshire Smith serves 10,000+ clients worldwide; fx next has 10,000+. The minimum deposit is $500 at Abshire Smith and $250 at fx next.

fx next wins this category
FeatureAbshire Smithfx next
Min. Deposit$500$250
RegulationFinancial 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-F237
Founded19972018
CountryUnited kingdomDubai
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Abshire Smith and fx next, directly affecting your bottom line as a trader. fx next has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Abshire Smith). fx next charges withdrawal fees while Abshire Smith does not, giving Abshire Smith an edge for frequent withdrawers. fx next applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; fx next does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAbshire Smithfx next
Min. Deposit$500$250
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesNoYes

Platforms

Abshire Smith offers MT4, MT5, cTrader, while fx next supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Abshire Smith supports social and copy trading features, which fx next does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAbshire Smithfx next
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformMT4, 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 next compare. fx next runs regular live webinars; Abshire Smith does not. fx next has a video library; Abshire Smith does not. fx next publishes daily market commentary; Abshire Smith does not. fx next integrates third-party research tools (Trading Central, Autochartist); Abshire Smith does not. fx next maintains an archive of past webinars for on-demand viewing. fx next scores higher overall in education and research.

fx next wins this category
FeatureAbshire Smithfx next
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

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 next supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx next uniquely supports PayPal and Skrill and Neteller among the two brokers. fx next scores higher on deposit and withdrawal flexibility.

fx next wins this category
FeatureAbshire Smithfx next
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 next offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and fx next supports 8, giving fx next broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAbshire Smithfx next
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic