Abshire Smith
Ascot Securities
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while Ascot Securities was established in 1996 and is based in Estonia. Abshire Smith holds licences including Financial Conduct Authority (FCA), while Ascot Securities is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Abshire Smith serves 10,000+ clients worldwide; Ascot Securities has 10,000+. The minimum deposit is $500 at Abshire Smith and $25 at Ascot Securities.
| Feature | Abshire Smith | Ascot Securities |
|---|---|---|
| Min. Deposit | $500 | $25 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1997 | 1996 |
| Country | United kingdom | Estonia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and Ascot Securities, directly affecting your bottom line as a trader. Ascot Securities has a lower barrier to entry with a minimum deposit of $25 (vs $500 at Abshire Smith). Ascot Securities charges withdrawal fees while Abshire Smith does not, giving Abshire Smith an edge for frequent withdrawers. Ascot Securities applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; Ascot Securities does not. Overall, Ascot Securities scores higher on fees in our assessment.
| Feature | Abshire Smith | Ascot Securities |
|---|---|---|
| Min. Deposit | $500 | $25 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while Ascot Securities 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.
| Feature | Abshire Smith | Ascot Securities |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | Desktop,Android,iPhone/iPad,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and Ascot Securities compare. Ascot Securities has a video library; Abshire Smith does not. Ascot Securities integrates third-party research tools (Autochartist); Abshire Smith does not. Ascot Securities scores higher overall in education and research.
| Feature | Abshire Smith | Ascot Securities |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
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 Ascot Securities supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Abshire Smith | Ascot Securities |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Ascot Securities 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.
| Feature | Abshire Smith | Ascot Securities |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |