B

Abshire Smith

5/10
Twine logo

Twine

6.1/10
7/10WinnerRegulation3/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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 Twine was established in 2008 and is based in USA. Abshire Smith holds licences including Financial Conduct Authority (FCA), while Twine is regulated by Unregulated among others. Abshire Smith serves 10,000+ clients worldwide; Twine has 10,000+. The minimum deposit is $500 at Abshire Smith and $100 at Twine.

Twine wins this category
FeatureAbshire SmithTwine
Min. Deposit$500$100
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded19972008
CountryUnited kingdomUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Abshire Smith and Twine, directly affecting your bottom line as a trader. Twine has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Abshire Smith). Twine charges withdrawal fees while Abshire Smith does not, giving Abshire Smith an edge for frequent withdrawers. Twine applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; Twine does not. Overall, Twine scores higher on fees in our assessment.

Twine wins this category
FeatureAbshire SmithTwine
Min. Deposit$500$100
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Abshire Smith offers MT4, MT5, cTrader, while Twine 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.

Tied
FeatureAbshire SmithTwine
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformiPhone,iPad,Android,Tablet

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and Twine compare. Twine runs regular live webinars; Abshire Smith does not. Twine has a video library; Abshire Smith does not. Twine publishes daily market commentary; Abshire Smith does not. Twine integrates third-party research tools (Trading Central); Abshire Smith does not. Twine maintains an archive of past webinars for on-demand viewing. Twine scores higher overall in education and research.

Twine wins this category
FeatureAbshire SmithTwine
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

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 Twine supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAbshire SmithTwine
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Twine 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.

Tied
FeatureAbshire SmithTwine
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese