AB Forex Review: Pros, Cons, And How It Compares | Updated for 2022
This AB Forex review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about AB Forex to give you the most comprehensive guide available.
AB Forex is a professional trading partner that was founded in 2003. They have around 217 employees that help the company offer Financial Markets Access, to 10,000+ clients through DealBook├é┬¼├âÔÇá 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web).
AB Forex Guide – Read our In-Depth AB Forex Review
AB Forex Rating: 0.00 / 10
This AB Forex review page contains information about investing with AB Forex. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of AB Forex does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This AB Forex review contains the latest info about AB Forex.
If you're new to the realm of online trading and brokers, so many facts will no doubt be perplexing for you. Getting into the area of online trading requires expert analytical skills and thorough knowledge. You'll acquire proficient at all of the concepts of trading online and brokerages as you keep trading. For starters, you need to select the right broker who will consistently be clear with you.
In this fast-paced world of financial markets and online trading, you will need guidance to make sensible decisions. A professionally lead investment plan could aid you in minimising any losses and maximising any returns. AB Forex is just one such broker which can assist you. It's important to learn about any broker until you trust them with your money.
AB Forex Guide for 2022 – Quick Overview
| AB Forex Telephone: | |
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| AB Forex Address: | |
| Year Founded: | 2003 |
| Regulated By: | Unregulated |
| Hedquarters: | STOCKHOLM |
| Minimum Deposit: | $100 |
| Number Of Clients: | 10,000+ AB Forex users and traders |
| AB Forex LinkedIn: | |
| AB Forex Facebook: | |
| AB Forex Facebook Likes: | 0 |
| AB Forex Twitter: | @ |
| AB Forex Twitter Followers: | 0 |
| AB Forex Instagram: | |
| AB Forex Instagram Followers: | 0 |
| AB Forex Youtube: | |
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Your capital is at risk |
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Our full AB Forex review for beginners covers everything you need to know about trading with AB Forex. A good broker can use your initial investments and help to protect it from losses but also give you a platform that can help to provide you favourable profits. If you want to make profits, you should trade with a brokerage service that aligns with your investing goals.
Of course, there's absolutely no sure-fire method to ensure profits; thus, you must carefully assess your broker before you choose them. It's a common misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.
AB Forex is a trading partner that has paved its way successfully into the brokerage world. In this review, we've tried to collate some of the vital facets of AB Forex. This guide will help you to understand whether AB Forex is a good fit for your investments or not. We have tried to breakdown all the qualities and charges for your advantage.
Who are AB Forex?
AB Forex is a forex broker with its headquarters in STOCKHOLM and provides a range of instruments for online trading. Since its establishment in 2003 they have emerged as a leading player in the field of online trading. AB Forex includes a highly professional and full-featured trading site that's focused on currency, indices, metals, shares, commodities.
Over the past 19 years, AB Forex has become one of the leading online brokers available to the public.
After establishing itself in 2003, their customer base has become as large as 10,000+ clients.
AB Forex is a favourite of many online traders . Our AB Forex account review found that they are a reputable platform for online trading solutions. They're most appropriate for investors who are searching for a variety of assets. Social and easy to use trading solutions are the heart at AB Forex.
Technology plays a substantial role in AB Forex. They features trading on DealBook├é┬¼├âÔÇá 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web). AB Forex is fair, transparent, and also a well-regulated broker by the Unregulated. Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also provide in-house research.
The trader resource section at AB Forex is very enlightening for new traders as it permits them to have a closer look in the financial markets. AB Forex caters to all sorts of traders and are a must-have broker for almost any well-diversified method of online trading.
Benefits of using AB Forex in 2022
Trading with AB Forex comes with numerous benefits. These benefits are what sets AB Forex apart from all other online brokers. You should check all the benefits listed so you have a better comprehension of AB Forex.
The agent goes to great lengths to understand what traders need. Consequently, the service, quick, and convenient. The broker also provides a number of platforms for all kinds of traders. AB Forex ensures that the individual needs of all online traders are met to the best of their ability.
AB Forex also features excellent trading conditions which are readily available to all and not only an elite group of institutional customers. The tight spreads and fast executions are a great advantage for all traders. The technology adopted by AB Forex is among the maximum caliber, ensuring that it is fast, dependable, and effective.
AB Forex admits the importance of having a fast order execution. A quick execution will allow users to trade without fretting about slippage safely. It is going to also aid the dealers to catch any opportunities.
AB Forex has over 21 trading tools to support all kinds of traders. These instruments are dynamic and suitable for both new and experienced traders. All traders can set aside all their concerns when trading with AB Forex.
AB Forex Overview
Year Founded: 2003
Regulated By: Unregulated
Hedquarters: STOCKHOLM
Minimum Deposit: $100
Number Of Clients: 10,000+
Your capital is at risk
If you feel that AB Forex is not right for you then at the bottom of this AB Forex review you will find a lot of alternatives to AB Forex.
Everything you ought to know about trading using AB Forex
AB Forex is a dynamic platform that offers various procedures of online trading. These instruments cover the monetary markets substantially. The Majority of the broker platforms offer less procedures than AB Forex
If you want to exchange with AB Forex, you'll require a minimum deposit of $100. This deposit is mandatory if you wish to begin trading with AB Forex. This 2022 AB Forex review will direct you safely about trading with them.
AB Forex is as flexible as any other broker platform. AB Forex is excellent for traders that want a manageable range of low-cost services. The platforms offered by AB Forex are third-party, white-label offerings. All traders can select from DealBook├é┬¼├âÔÇá 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web)
Together with everything, AB Forex has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a trade must be kept available. The brokers offer premium customer service that rewards customers with benefits.
Many unprofessional brokers attempt to pressurise users into larger funding for premium services. AB Forex, though, is more focused on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the more advantages will become available.
AB Forex accounts are available globally and provides quality service wherever they have customers. There are some select few countries where AB Forex accounts are not available. Traders in the following countries cannot open or use a AB Forex account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is AB Forex Safe To Trade With In 2022?
Established in 2003, AB Forex has been in operation for 19 years, they have a head office in STOCKHOLM
AB Forex is regulated by Unregulated. These figures have rules that mandate that trading platforms have ploicies in place to keep investor's resources procured. This usually means that AB Forex users don't need to worry about their money as it's segregated and safely stored in established banks. SSL encryption simplifies each user's private information also.
You are able to make use of an option for Two Factor Authentications (2FA) with AB Forex for increased security. An SMS for the confirmation code will be sent to a phone. You will be asked to input this code to log into your accounts.
Another concern with online trading brokers is in regards to security might be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is more prevalent in the example of Market Maker brokers who compete with customers on the platform.
AB Forex Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With AB Forex
Every online trading platform will have some ups and downs, and no AB Forex review would be complete without having a balanced approach. This AB Forex review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
AB Forex Pro's
AB Forex has been trading for 19 years.
AB Forex has over 100 employees.
AB Forex Con's
AB Forex is not highly rated by us. AB Forex is not regulated. AB Forex doesn't offer customer support over the phone. AB Forex doesn't provide customer support over email. AB Forex doesn't give access to customer support over livechat. AB Forex hasn't won any awards. AB Forex doesn't offer guaranteed stop loss. AB Forex doesn't offer negative balance protection. AB Forex charges withdrawal fees. AB Forex charges inactivity fees. AB Forex doesn't have a wide range of trading instruments. You can't trade Cryptocurrencies with AB Forex. AB Forex doesn't offer social trading. AB Forex doesn't offer copy trading. AB Forex doesn't allow scalping. AB Forex doesn't allow hedging. AB Forex doesn't allow commodity trading. You can't trade metals with AB Forex. You can't trade energies with AB Forex.Compare Brokers Similar To AB Forex
Regulation And Licencing In More Detail
AB Forex is regulated by Unregulated.
AB Forex, as a company, has a strong set of rules for ensuring honest trading on its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client data is to not be shared with some other institutions or individuals. This includes credit history and other financial details.
AB Forex Awards
At the time of writing this AB Forex review, and despite AB Forex’s impressive offering, the company has surprisingly not garnered any awards to date.AB Forex Trading Platforms
AB Forex are a trustworthy trading platform that has been operating for over 19 years. They offer a large range of options in their client accounts.
In the following table we take the main parts of any good brokerage and compare AB Forex against freetrade, and easyMarkets.
Trading With AB Forex MetaTrader 4 On iOS Devices
Unfortunately AB Forex doesn't have an app in the Apple store. We hope that in the future a AB Forex iOS app will be available and at that time we will update our AB Forex review accordingly.
Trading With AB Forex MetaTrader 4 On Android Devices
Unfortunately AB Forex doesn't have an Android App. We hope that in the future a AB Forex Android app will be available and at that time we will update our AB Forex review accordingly.
Minimum Deposit Required
The minimum deposit you must deposit to begin on AB Forex is $100. This is a decent amount for people just starting out. It's possible to create more complex deposits as you cooperate. But, make certain you understand how to make the most of your money before investing larger amounts.
Commission And Fees Explained
AB Forex is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the number of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three types of fees for this purpose.
The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In such instances, you're paying a spread, financing speed, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are people who are billed when you maintain a leveraged position for more than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your account. They are billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, AB Forex does not charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often trade, for example daily or weekly trading.
But, non-trading fees billed by AB Forex are relatively lower. As a result, you are billed more for non-trading actions in your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This AB Forex review breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees Of AB Forex
AB Forex Withdrawal Fees Explained
AB Forex charges a withdrawal fee if you create a bank transfer. Every time you move money into your bank account, these withdrawal fees become important.
Withdrawal of cash is possible at any moment from the AB Forex account. You can withdraw sums up to the sum of your account balance, keeping aside the margin utilized. One thing to remember is that you don't always have to have any money in your accounts.
In addition, the withdrawn money will be transferred directly to the account you use to create deposits. Thus, if you used a credit card for deposits, the withdrawn cash will be sent into the cardAB Forex will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you're choosing to draw in.
AB Forex Inactivity Fees Explained
AB Forex charges an inactivity fee if you don't make any trades for a while.
Even if no fees are indicated by AB Forex, it is better that you close the account if you are inactive. Inactivity fees aren't only charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you have selected. The inactivity fee is subjected to a lot of conditions and should be revealed clearly by the agent beforehand.
AB Forex Deposit Fees Explained
When you transfer money into your trading account from your bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this operation.
AB Forex charges a deposit fee for transferring money into your trading account.
Depositing cash on the AB Forex trading platform is simple. You simply have to finish a single-user profile survey to begin depositing money into your trading account. You'll need to give an identity evidence and evidence of residency to deposit substantial amounts.
Compare AB Forex Vs Other Broker Deposit Methods
What Can You Trade With AB Forex in 2022?
Note: AB Forex provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may differ based on the country of residence of the client.
AB Forex has a wide variety of over 21 instruments available for you to trade with.
If trading forex pairs is of interest to you then AB Forex offer over 0 currency pairs.
Compare AB Forex, freetrade & easyMarkets below.
AB Forex Trading App Review
Note: AB Forex's mobile app has a lot of functionality and is being constantly developed. What follows was accurate at the time of compiling this AB Forex broker review.
Understand the capabilities of the mobile apps of AB Forex, freetrade & easyMarkets below.
Trading Education Available At AB Forex
Understand the trading resources available with AB Forex, freetrade & easyMarkets below.
AB Forex Customer Support
For our AB Forex broker review we looked at the customer service options, response times and on the AB Forex trading platform problems solving effectiveness. AB Forex support many languages including English, and Chinese
AB Forex Live Chat Support
Unfortunately, at the time of writing this AB Forex broker review, AB Forex did not offer their cusotmers support via livechat.
AB Forex Phone Support
Unfortunately, at the time of writing this AB Forex share dealing review, AB Forex did not offer their cusotmers support via the phone.
AB Forex Email Support
Unfortunately, at the time of writing this AB Forex review, AB Forex did not offer their cusotmers support via email.
Alternatives To AB Forex
If, after studying this AB Forex review, they don't fulfill your requirements check out these AB Forex alternatives.
We've scoured the web to find the best alternatives to AB Forex. Click on the links below to learn more.
Frequently Asked Questions
Can I try AB Forex before I buy?
Yes, you can most certainly try AB Forex before you buy. AB Forex provides demo accounts for the convenience of new traders. You can use this feature to build your faith in the system and yourself and your trading strategies.
If you register for a demo account on AB Forex, you will set out using a decent amount of virtual money. It's to establish a sense of security and confidence in you before you choose to spend your own money.
With this digital AB Forexdemo account, you are able to experiment at all, to whatever period you wish. You might also open positions, examine different trading approaches, and more.
AB Forex shows on its official site how you are able to trade real time stocks in a demo account.
Is AB Forex safe?
It is possible to drop all your worries because we believe that AB Forex is completely safe to use. It's in compliance with the rules of Unregulated.
Even so, AB Forex does not have assured stop-loss protection.
Why does AB Forex ask for my passport?
The reason that AB Forex asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, AB Forex has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, AB Forex must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with AB Forex?
The process to start trading with AB Forex is super simple. You need to begin by signing up on the AB Forex website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but AB Forex are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with AB Forex is $100. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with AB Forex.
The best way to kickstart your trading career with AB Forex is to open a demo account facility before risking any real money
What funding methods do AB Forex accept?
There are a number of methods to fund your account with AB Forex. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to keep in mind that PayPal is not available in all country. The currencies AB Forex accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, even though it takes approximately 4-7 days.
Is my money safe with AB Forex?
Yes, your money is safe and protected with AB Forex. As you know, AB Forex operates with good conformation to regulations. It has established lots of measures to guard all of its investors.
AB Forex protects its clients' private and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you wish to further protect your account, you can enable Two-Step Verification as well. It takes an SMS confirmation for you to get your accounts.
Is AB Forex trading good?
Yes, trading via AB Forex is a pleasant and good experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. In addition, you can even obtain access to a huge selection of educational tools and assistive substance to kickstart your trading expertise.
If you remain skeptical, you can start a eToro demo account and assess the credibility of the platform for yourself.
Which Countries do AB Forex support?
AB Forex operates around the world. However, due to regulations AB Forex does not accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is AB Forex legit?
AB Forex is a legit company headquarted in STOCKHOLM since 2003. They are regulated by Unregulated. AB Forex is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is AB Forex a good broker?
AB Forex is a great agent, and its own users may vouch for this. The highlight of this platform is its fast order execution on trades.
You will discover the clean design of this platform and the admirable features are pleasant to work with.
Is AB Forex a trustworthy broker?
Yes, AB Forex is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for AB Forex?
The minimum deposit to open a live account with AB Forex is $100
How long do AB Forex withdrawals take?
Normally, withdrawal of money from AB Forex is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from AB Forex to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is AB Forex regulated?
AB Forex are regulated by Unregulated
Is AB Forex a market leading broker?
AB Forex is currently one of the business leaders. It supports over 10,000+ registered users and over 19 years of expertise on its record. They're one of the world's top trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this standing to its unbelievable platform and wide range of tools plus resources so you may invest in capital markets.
Is AB Forex a con?
No, AB Forex is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that AB Forex is not a scam.
Can you make money with AB Forex?
Through AB Forex, several traders earn a great deal of cash. However, just like all online trading platforms, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem like a small number, but over the year, this adds to a substantial number of gains. Even though AB Forex supply you all the tools to earn money, they cannot guarantee you will gain.
Does AB Forex have fees?
Yes. To start trading with AB Forex, you have to deposit $100. Particular commissions while trading also applies. Any processing fees from your bank will need to be incurred by you.
When was AB Forex founded?
AB Forex was founded in 2003 in STOCKHOLM. AB Forex is regulated by Unregulated.
How many people use AB Forex?
AB Forex is a worldwide recognised agent with 10,000+ clients.
Where is the AB Forex head office?
AB Forex has its head office in STOCKHOLM
Does AB Forex offer negative balance protection?
No. AB Forex does not offer negative balance protection. If your balance is negative, AB Forex suggests that you promptly contact customer services. For this, you can correct any imbalances within your account.
Does AB Forex offer guaranteed stop loss?
AB Forex, unfortunately, does not offer guaranteed stop loss. AB Forex gives an opportunity to its traders to close their trade in their given price. Aside from that, AB Forex doesn't offer guaranteed stop loss.
Does AB Forex allow scalping?
No, the stipulations of AB Forex don't allow scalping. It's a trading technique which isn't permitted on the agent's platform. You have to refer to AB Forex's terms and conditions to read more about its own policies.
Does AB Forex allow hedging?
No, unfortunately AB Forex does not allow hedging.
Can you trade energies with AB Forex?
No, unfortunately you cannot trade energy stock with AB Forex
Can you trade agricultural shares with AB Forex?
No, unfortunately you cannot trade agricultural stock with AB Forex
Can you trade cryptocurrency with AB Forex?
No, unfortunately you cannot trade cryptocurrency with AB Forex
Can you trade metals with AB Forex?
No, unfortunately you cannot trade metals with AB Forex
Can you trade UK Shares with AB Forex?
No, unfortunately you cannot trade UK shares with AB Forex
Can you trade US Shares with AB Forex?
No, unfortunately you cannot trade US shares with AB Forex
Can you trade Japanese Shares with AB Forex?
No, unfortunately you cannot trade Japanese shares with AB Forex
Can you trade German Shares with AB Forex?
No, unfortunately you cannot trade German shares with AB Forex
Does AB Forex accept bank transfers?
No, AB Forex does not accept bank transfers.
Does AB Forex accept credit cards?
No, AB Forex does not accept credit cards.
Does AB Forex accept PayPal?
No, AB Forex does not accept PayPal.
Does AB Forex accept Skrill?
No, AB Forex does not accept Skrill.
Does AB Forex accept Payoneer?
No, AB Forex does not accept Payoneer.
Does AB Forex accept Neteller?
No, AB Forex does not accept Neteller.
Does AB Forex offer Live Chat customer support?
No, AB Forex does not offer customer support through live chat.
Does AB Forex offer phone customer support?
No, AB Forex does not offer customer support over the telephone.
Does AB Forex offer email customer support?
No, AB Forex does not offer customer support through email.
What languages can AB Forex communicate in?
AB Forex has the ability to communicate and support customers who speak: English, and Chinese
Does AB Forex have a wikipedia page?
No, AB Forex does not have an official wikipedia page.
Does AB Forex offer demo accounts?
Yes, AB Forex offers demo accounts so you can learn their systems before risking any real capital. New traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the features before getting a live account.
Compare AB Forex To All Our Other Brokers