AB Forex Guide ‚Äď Read our In-Depth AB Forex Review
This AB Forex review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this AB Forex review does not apply to US users.
If you are a new entrant in the world of trading and brokerage, so many facts will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You will acquire proficient at all the concepts of brokerage as you keep trading. For starters, you need to select the right broker who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan will create hefty returns. AB Forex is one such platform that will take you along with your investment to great heights. It's important to understand all about AB Forex before you trust them with your cash.
Our entire AB Forex Review covers everything you need to know about trading with AB Forex. A fantastic agent can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire way to ensure profits; thus, you should carefully assess your agent before you choose them. It's a frequent misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.
AB Forex is a broker that has found its way successfully to the broker world. In this review, we've tried to collate some of the vital facets of AB Forex. This review can allow you to understand whether AB Forex is a fantastic match for your investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
AB Forex Review, Table Of Contents
- Who are AB Forex?
- Benefits Of Trading With AB Forex
- Everything you should know about trading with AB Forex
- Is AB Forex Safe To Trade With?
- Pro's & Con's Of Trading With AB Forex?
- Compare Brokers Similar To AB Forex
- Regulation And Licencing In More Detail
- AB Forex Awards
- Minimum Deposit Required For A Live Account With AB Forex
- AB Forex Commission And Fees Explained
- Compare broker fees against AB Forex
- AB Forex Withdrawal Fees Explained
- AB Forex Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With AB Forex?
- Alternatives To AB Forex
- Frequently Asked Questions About AB Forex
Who are AB Forex?
AB Forex is a foreign exchange broker headquartered in STOCKHOLM and provides a range of tools for trading. Since its establishment in 2003, AB Forex has emerged as a top-tier player in the field of online broker. AB Forex includes a highly competitive and full-featured trading website that is focused on currency, indices, metals, sharesand commodities.
Over the past 18 years, AB Forex has grown into one of the leading online brokers.
After establishing in 2003, their customer base is becoming as large as 10,000+ clients.
AB Forex is a favorite of many dealers.. Our AB Forex review found that they're an excellent choice for automated trading solutions. It's best suited for investors that are looking for an assortment of assets. Social and automated trading solutions are the heart at AB Forex.
Technology plays a significant role in AB Forex. AB Forex offers trading on DealBook¨∆ 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web). AB Forex is honest, transparent, and a well-regulated agent by the Unregulated. Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The trader resource section at AB Forex is quite enlightening for new traders as it allows them to get 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 approach to trading.
If you feel that AB Forex is not right for you then at the bottom of this AB Forex review you wil find a lot of alternatives to AB Forex.
Everything you should know about trading with AB Forex
AB Forex is a dynamic platform that offers various methods of online trading. These instruments cover the financial markets substantially. The Majority of the brokerage platforms offer less procedures than AB Forex
If you want to trade with AB Forex, you will need a minimum deposit of $100. This deposit is required if you want to begin trading using AB Forex. This 2021 AB Forex review will direct you safely about trading with them.
AB Forex is as flexible as any other brokerage platform. AB Forex is ideal for traders who want a manageable assortment of cheap services. The programs offered by AB Forex are third party, white-label offerings. All traders may pick out of DealBook¨∆ 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web).
Along with everything, AB Forex has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a transaction has to be kept available. The brokers offer premium customer service which rewards clients with advantages.
Many unprofessional brokers try to pressurise users into bigger funding for superior services. AB Forex, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the greater benefits will become available.
AB Forex accounts are available globally and provides quality service everywhere they have clients. There are a few countries where AB Forex accounts are not available. Traders in the following countries cannot open or use a AB Forex account:
Is AB Forex Safe To Trade With?
Established in 2003, AB Forex has been open for 18 years, they are headquarted in STOCKHOLM.
AB Forex is regulated by Unregulated. These bodies have rules that ensure that trading platforms have measures in place to keep investor's assets procured. This means that AB Forex users don't need to worry about their money as it is segregated and safely stored in established banks. SSL encryption simplifies each user's personal information as well.
You are able to make use of an option for 2 Factor Authentications (2FA) with AB Forex for heightened security. An SMS with the verification code will be sent to your phone. You'll be required to enter this code to log in to your account.
Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for consumers on these platforms. Nonetheless, this is much more prevalent in the case of Market Maker agents who compete with customers on the platform.
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 is trusted by 10,000+ clients
- AB Forex doesn't charge inactivity fees
- AB Forex doesn't charge deposit fees
- AB Forex doesn't charge CFD fees
- AB Forex offer trading on DealBook¨∆ 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web)
- AB Forex offer 21 trading instruments
- AB Forex trades major forex pairs
- AB Forex can communicate in
AB Forex Con's
- AB Forex does not offer Negative Balance Protection
- AB Forex does not offer Guaranteed Stop Loss
- AB Forex charge withdrawal fees
- AB Forex doesn't trade minor forex pairs
- AB Forex doesn't trade exotic forex pairs
- AB Forex doesn't offer trading on cryptocurrencies
AB Forex Review - Compare Brokers Similar To AB Forex
|AB Forex||Argonaut Securities||Evans and Partners||Zerodha|
|Regulated By||Unregulated||Australian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)||Unregulated||Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk|
AB Forex Review - Regulation And Licencing In More Detail
AB Forex is regulated by Unregulated.
AB Forex, as a company, has a powerful collection of rules for ensuring fair trading onto its platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
AB Forex Review - Awards
- At the time of writing this AB Forex review, they had not received any awards.
AB Forex Review - Minimum Deposit Required
The minimum deposit that you need to begin on AB Forex is $100. This is an adequate amount for people just starting out. You can make more complex deposits as you cooperate. However, make certain you know how to make the most of your money before investing larger sums.
AB Forex Review - Commission And Fees Explained
AB Forex is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. In other words, an internet broker is not necessarily affected by the number of customers they have.
But this doesn't necessarily 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 objective.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In such instances, you are spending a spread, financing rate, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those who are billed when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, AB Forex does not charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly trade, for example weekly or daily trading.
However, non-trading fees charged by AB Forex are relatively competitive. Consequently, you are charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These aren't about the sale and purchase of resources.
This AB Forex review breaks down each of the applicable non-trading charges for you in detail.
Compare broker fees against AB Forex
|AB Forex||Argonaut Securities||Evans and Partners||Zerodha|
AB Forex Review - Withdrawal Fees Explained
AB Forex charges a withdrawal fee when you make a bank transfer. Each time you transfer money into your bank accounts, these withdrawal charges become important.
Withdrawal of money is possible at any time from your AB Forex account. You can draw up sums to the amount of your account balance, keeping aside the margin utilized. One thing to keep in mind is that you don't necessarily have to have any money in your accounts.
In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn money will be sent into the card. AB Forex will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in various currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you're choosing to withdraw in.
AB Forex Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of those buzzing questions which run through your mind while open an account with AB Forex. An inactivity fee is an amount charged to registered traders who have not engaged in buying or selling for a while. The period considered inactive is decided by the broker.
The inactivity fee differs from 1 agent to another and is not standardized. If a traders account does not have a purchasing or selling transaction, it is maintained by the agent as an inactivity fee. The traders have to pay this fee under conditions and terms that they had consented while enrolling.
AB Forex doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees are indicated by AB Forex, it's better for you to close the account if you are inactive. Inactivity fees are not just charged by broker companies but also many financial services.
For other trading platforms, the inactivity fee is contingent on the sort of account you've selected. The inactivity fee is exposed to many conditions and needs to be revealed clearly by the broker beforehand.
AB Forex Review - Deposit Fees Explained
When you move money in your trading account from your bank account, a deposit fee can be charged by the broker. Most brokers don't charge too much money for this particular operation.
AB Forex doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the AB Forex trading platform is easy. You simply have to complete a single-user profile questionnaire to begin depositing money into your trading account. You'll have to provide an identity proof and evidence of residency to deposit substantial amounts.
AB Forex Review - Compare Broker Deposit Methods
|AB Forex||Argonaut Securities||Evans and Partners||Zerodha|
What Can You trade With AB Forex?
Note: AB Forex provides many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will be different depending 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 currency pairs is of interest to you then AB Forex offer over currency pairs.
Compare AB Forex, Argonaut Securities, Evans and Partners & Zerodha below.
Alternatives To AB Forex
If, after studying this AB Forex review, AB Forex does not quite 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 hyperlinks below to find out more.
Frequently Asked Questions about AB Forex
Can I try AB Forex before I buy?
Yes, you can most definitely try AB Forex before you buy. AB Forex offers 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 sign up to get a demo account on AB Forex, you will set out with a decent amount of virtual money. It's to establish a feeling of safety and confidence in you before you choose to invest your own money.
With this digital AB Forexdemo account, you are able to experiment in any way, to whatever length you wish. You can also start positions, examine different trading approaches, and much more.
AB Forex specifies on its official website that you can trade real time stocks in a demo account.
Is AB Forex safe?
You can drop all of your worries because we believe that AB Forex is perfectly safe to use. It's in compliance with the principles of Unregulated.
Nevertheless, AB Forex does not provide 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 withAB Forex is perhaps simple enough to be a cakewalk. 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.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with AB Forex is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.
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 multiple methods to fund your accounts with AB Forex. The process is effortless and quick, with different payment methods in 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 funds. You must bear in mind that PayPal is not available in every place. The currencies AB Forex
Is my money safe with AB Forex?
Yes, your money is safe and secure with AB Forex. As you know, AB Forex works with proper conformation to. It's established lots of measures to protect all of its own investors.
AB Forex safeguards its clients' private and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you wish to further protect your accounts, it is possible to enable Two-Step Verification as well. It takes an SMS confirmation that you get your accounts.
Is AB Forex trading good?
Yes, trading through AB Forex is a pleasant and good experience indeed. It's an excellent and intuitive platform with helpful features for your simplicity. Moreover, you could also gain access to a vast collection of educational tools and assistive material to kickstart your trading expertise.
If you remain skeptical, you can open a eToro demo account and assess the trustworthiness of the platform for yourself.
Which Countries does AB Forex support?
AB Forex operates across the globe. However, due to regulations there are some countries that AB Forex does not accept clients resident in
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 an excellent broker, and its users may vouch for this. The highlight of this platform is its quick order execution on transactions.
You'll discover the clean design of this platform along with the admirable features that a pleasure 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 reaffirm their trustable 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 the withdrawal from AB Forex to show in your bank account.
Are AB Forex regulated?
AB Forex are regulated by Unregulated
Is AB Forex a market leading broker?
AB Forex is currently among the industry leaders. It supports over 10,000+ registered customers and over 18 years of experience on its own record. They are among the world's top trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this status to its incredible platform and broad range of resources plus tools so that you can put money into 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 make a great deal of money. But typically, through continual trading, you can make between 2% - 10% profit a month.
This may seem to be 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 make money, they cannot guarantee you will profit.
Does AB Forex have fees?
Yes. To start trading with AB Forex, you need 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 broker with 10,000+ customers.
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 indicates you promptly contact customer services. For this, you are able to fix any imbalances within your own account.
Does AB Forex offer guaranteed stop loss?AB Forex unfortunately, does not provide guaranteed stop loss. AB Forex gives an opportunity for its dealers to close their trades at their specified price. Apart from that, AB Forex does not offer guaranteed stop loss.
Does AB Forex allow scalping?Yes, AB Forex do allow scalping. Several traders throughout the world choose AB Forex due to their scalping services. They offer trading on DealBook¨∆ 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web) which allow this.
Does AB Forex allow hedging?
Yes, AB Forex does allow hedging.
Can you trade energies with AB Forex?
Yes, you can trade energy stocks with AB Forex
Can you trade agricultural shares with AB Forex?
Yes, you can trade agricultural stocks 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?
Yes, you can trade metals with AB Forex
Can you trade UK Shares with AB Forex?
Yes, you can 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?
Yes, you can 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:
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 money.