Amscot Stockbroking
Ascot Securities
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while Ascot Securities was established in 1996 and is based in Estonia. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while Ascot Securities is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Amscot Stockbroking serves 10,000+ clients worldwide; Ascot Securities has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $25 at Ascot Securities.
| Feature | Amscot Stockbroking | Ascot Securities |
|---|---|---|
| Min. Deposit | $500 | $25 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1853 | 1996 |
| Country | Austrailia | Estonia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking 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 Amscot Stockbroking). Both brokers charge withdrawal fees. Ascot Securities applies inactivity fees on dormant accounts; Amscot Stockbroking does not. Ascot Securities charges deposit fees; Amscot Stockbroking does not. Overall, Ascot Securities scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | Ascot Securities |
|---|---|---|
| Min. Deposit | $500 | $25 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while Ascot Securities supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ascot Securities supports social and copy trading features, which Amscot Stockbroking does not offer. Ascot Securities edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | Ascot Securities |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | Desktop,Android,iPhone/iPad,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Amscot Stockbroking and Ascot Securities compare. Ascot Securities has a video library; Amscot Stockbroking does not. Ascot Securities integrates third-party research tools (Autochartist); Amscot Stockbroking does not. Ascot Securities scores higher overall in education and research.
| Feature | Amscot Stockbroking | 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. Amscot Stockbroking 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 | Amscot Stockbroking | 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 Amscot Stockbroking 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 | Amscot Stockbroking | Ascot Securities |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |