General Information & Regulation
AB Forex Company begins to operate in 2006 as an IB representative of one of the Russian companies. And so, since July 2008, they start working as an IB of the brokers - Global Futures & Forex. More precisely, with its English office, GFT Global Markets UK. This company has been operating for several years and provides all financial guarantees for traders. AB Forex Company offers customers to open a demo or live account. It does not provide novice traders with education materials.
AB Forex Market Instrument
Assets available on AB Forex Company include Forex trading; market, where different currencies are exchanged/ traded globally. CFD trading, Spread Betting; The names of the currency pairs for making Spread Betting trades end with “-sb” (EURUSD-sb, GBPUSD-sb, etc.).
Account & Leverage
With AB Forex Company you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with AB Forex Company platform.
AB Forex Company are able to accommodate various levels of traders whether you are experienced or a beginner. And has a leverage of 1:100.
AB Forex Trade Size
When it comes to trading size part, the minimum trade size allowed by AB Forex is 0.01 lots, also called micro lots.
Spreads & Commissions
The Broker offers a spread of about 1pip, with no slippage. A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account. A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions. Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have. Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf. If a market order is not fulfilled by your brokerage usually no commission is charged. Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.
Trading Platform Available
Unlike other Brokers, the trading platform available at ab Forex is DealBook 360. The DealBook 360 software complex, which is designed to work in the Forex market, includes a clustered server solution based on Java and Oracle databases, three GUI applications - a client, a dealer and a back office operator, as well as mobile applications for all major modern platforms (WAP , I-Mode, Pocket PC, Symbian).
You can use the charting feature to see the trends of the instruments you are interested in. A standard charting kit comes with the DealBook 360 and provides a display of all the major standard indicators used by traders. DealBook 360 charting tools allow the trader to receive also historical data on the indices of interest.
AB Forex Deposit & Withdrawal
Deposit replenishment is possible in two ways:
1. Bank transfer
For a bank transfer, you need to take the GFT UK account details from the file instructions on the details and methods of transferring funds to the trading account
There is a table in the manual that shows the accounts of the GFT UK company in different national currencies. In the form for registering a trading account, you indicated in what currency you will have a trading account. Transfer to the account specified in the same currency as the trading account. Time for placing a deposit: no more than 2 working days from the moment the funds were credited.
2. Transfer from a bank card
Transfers are accepted from the following types of bank cards: Visa Debit, Visa Delta, Visa Electron, Visa Solo and MasterCard. Please note that funds are not refundable to MasterCard.
Time of placing a deposit: within 24 hours during the trading week or within 72 hours when placing a deposit during no trading hours.
Credit Card Restrictions: Maximum deposit of £ 12,500 or equivalent every 30 days.
For online transfer from a bank card - go to the page on the GFT UK website.
Customer Service
AB Forex has categories it's customers support team, all with different duty to respond to their clients upon request. They can be contacted through any of their email addresses and contact numbers below,
email: support@abforex.ru
Working hours - from 9.00 to 21.00 Moscow time.
email: abus@abforex.ru
Address: Russia, Stavropol Territory, Essentuki, st. Kislovodskaya 1, office 5.
Fax: +7 (879) 346-67-99
Tel: +7 (879) 345-17-02
