amarkets
Amscot Stockbroking
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Overview
amarkets was founded in 2016 and is headquartered in United Kingdom, while Amscot Stockbroking was established in 1853 and is based in Austrailia. amarkets holds licences including Financial Conduct Authority (FCA), while Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia) among others. amarkets serves 1,000,000+ clients worldwide; Amscot Stockbroking has 10,000+. The minimum deposit is $250 at amarkets and $500 at Amscot Stockbroking.
| Feature | amarkets | Amscot Stockbroking |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F223 | Ministry of Economic Affairs and Communications (Estonia) |
| Founded | 2016 | 1853 |
| Country | United Kingdom | Austrailia |
| Clients | 1,000,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between amarkets and Amscot Stockbroking, directly affecting your bottom line as a trader. amarkets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Amscot Stockbroking). Both brokers charge withdrawal fees. amarkets charges deposit fees; Amscot Stockbroking does not. The two brokers are broadly comparable on fee structure.
| Feature | amarkets | Amscot Stockbroking |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
amarkets offers MT4, MT5, cTrader, while Amscot Stockbroking supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. amarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | amarkets | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | IRESSTrader,IRESSInvestor,netIRESS,XPLAN |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how amarkets and Amscot Stockbroking compare. amarkets has a video library; Amscot Stockbroking does not. amarkets integrates third-party research tools (Autochartist); Amscot Stockbroking does not. amarkets scores higher overall in education and research.
| Feature | amarkets | Amscot Stockbroking |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. amarkets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Amscot Stockbroking supports 2 (bank transfer, credit/debit card). amarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. amarkets scores higher on deposit and withdrawal flexibility.
| Feature | amarkets | Amscot Stockbroking |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both amarkets and Amscot Stockbroking offer live chat support. Both provide phone support. Email support is available at both brokers. amarkets supports 8 languages and Amscot Stockbroking supports 2, giving amarkets broader global reach. Both brokers are comparable on support quality.
| Feature | amarkets | Amscot Stockbroking |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |