Advanced Global Markets
Amscot Stockbroking
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Amscot Stockbroking was established in 1853 and is based in Austrailia. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia) among others. Advanced Global Markets serves 10,000+ clients worldwide; Amscot Stockbroking has 10,000+. Both brokers share the same minimum deposit of $500.
| Feature | Advanced Global Markets | Amscot Stockbroking |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Ministry of Economic Affairs and Communications (Estonia) |
| Founded | 1992 | 1853 |
| Country | Cyprus | Austrailia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and Amscot Stockbroking, directly affecting your bottom line as a trader. Both require a minimum deposit of $500. Both brokers charge withdrawal fees. Advanced Global Markets charges deposit fees; Amscot Stockbroking does not. The two brokers are broadly comparable on fee structure.
| Feature | Advanced Global Markets | Amscot Stockbroking |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Amscot Stockbroking supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Advanced Global Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Advanced Global Markets | Amscot Stockbroking |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | IRESSTrader,IRESSInvestor,netIRESS,XPLAN |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Amscot Stockbroking compare. Advanced Global Markets runs regular live webinars; Amscot Stockbroking does not. Advanced Global Markets has a video library; Amscot Stockbroking does not. Advanced Global Markets publishes daily market commentary; Amscot Stockbroking does not. Advanced Global Markets integrates third-party research tools (Trading Central); Amscot Stockbroking does not. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.
| Feature | Advanced Global Markets | Amscot Stockbroking |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Amscot Stockbroking supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | Amscot Stockbroking |
|---|---|---|
| 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 Advanced Global Markets and Amscot Stockbroking 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 | Advanced Global Markets | Amscot Stockbroking |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |