XM vs AB Forex, Updated for 2024

Compare XM vs AB Forex

All trading platforms will have certain ups and downs, and any comprehensive analysis of XM vs AB Forex cannnot be complete without embracing an objective perspective.

Assess XM and AB Forex to understand the way these platforms compare against each other prior to you open an account. Conducting a comprehensive comparison helps to place factors into perspective to ensure that you remain informed about what to expect.

So you are looking for a broker and are choosing between XM or AB Forex. Which one is best in 2024?

Our XM vs AB Forex comparison contains the latest information so you can easily compare AB Forex against XM.

If you're a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will get proficient at all of the concepts of broker since you keep trading. For starters, you need to select the right agent who will be clear with you always.

In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. XM and AB Forex are two such stages that will take you along with your investment into great heights. It is important to compare XM vs AB Forex before you trust them with your cash.

Our XM vs AB Forex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and AB Forex side by side.

Our full XM vs AB Forex Review covers all you will need to know about trading using either XM or AB Forex. A good broker can multiply your initial investments and provide you favorable profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investment goals.

There is no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you select them. It is a frequent misconception that all brokers are the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.

XM and AB Forex are both brokers which have paved their way successfully to the brokerage world. In this review, we've attempted to collate some of the important facets of both XM and AB Forex. This review can help you to know whether either AB Forex or XM is a fantastic match for your investments or not. We have attempted to breakdown all of the features and fees for your advantage.

Benefits of XM and AB Forex Compared

XM offers a minimum deposit of $5 while AB Forex offers a $100 minimum deposit.

Why smaller minimum deposits are good and how XM and AB Forex compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

XM has around 100 financial instruments whilst AB Forex has around 100 financial instruments available.

The more instruments you can trade on the XM and AB Forex platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of XM or AB Forex.

XM and AB Forex Contact Details

Being able to contact your broker through many ways is important. XM and AB Forex have the following contact details and social medias that you can use.

AB Forex and XM Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

This part of comparing XM and AB Forex will examine whether their mobile app meets all our requirements.

We rate overall the user-friendliness of the apps as better than average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

XM vs AB Forex - Awards

XM vs AB Forex - Frequently Asked Questions

XM vs AB Forex - Headquarters And Year Of Founding

XM was founded in 2009 and has its headquaters in Cyprus.

AB Forex was founded in 2003 and has its head office in STOCKHOLM.

What is the minimum deposit for AB Forex or XM

The minimum deposit for XM is $5.

The minimum deposit for AB Forex is $100.

Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both XM and AB Forex are a good choice.

XM vs AB Forex - Regulation And Licencing In More Detail

XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

AB Forex is regulated by Unregulated.

AB Forex is unregulated but XM has a strong collection of rules for ensuring honest trading on its platforms. For data encryption purposes, they provide industry-standard secure socket layer (SSL).

In accordance with their own privacy policy, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.

Compare XM vs AB Forex Commission And Fees

XM and AB Forex are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an internet broker is not necessarily affected by the number of customers they have.

But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily 3 types of penalties for this purpose.

The first sort of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you're spending a spread, financing rate, or a commission. The sorts of trading charges 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 gap between the buying and selling price. Financing or overnight prices are people who are charged when you maintain a leveraged position for longer than a day.

Apart from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your account. They are billed for surgeries like depositing cash, not trading for long periods, or withdrawals.

In general, neither XM or AB Forex charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who often exchange, for example daily or weekly trading.

But, non-trading fees billed by XM and AB Forex are comparatively competitive. As a result, you're charged more for non-trading activities on your trading account, such as withdrawal and deposits. These aren't related to the sale and purchase of assets.

This XM vs AB Forex review for 2024 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For XM And AB Forex

What Languages Do XM And AB Forex Support?

Being able to communicate easily with your online broker is a key way of comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading forex.

Below you will find all the languages that both XM and AB Forex support.

How Many Clients Do XM and AB Forex Have?

Both XM and AB Forex are well known and trusted. It is important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many customers they already work with.

Below you will find details of how many customers XM and AB Forex are active on their platform

What Payment Methods Do XM and AB Forex Accept?

XM and AB Forex both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at XM and AB Forex

What Can You Trade With XM and AB Forex?

XM offers 100 trading instruments while AB Forex offers 21.

Below you will find a full breakdown of what both XM and AB Forex offer.