Amscot Stockbroking
BDSwiss
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while BDSwiss was established in 2012 and is based in Mauritius. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while BDSwiss is regulated by BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA” among others. Amscot Stockbroking serves 10,000+ clients worldwide; BDSwiss has 10,000+. Both brokers share the same minimum deposit of $500.
| Feature | Amscot Stockbroking | BDSwiss |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, licence no. SD047) Registered address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles |
| Founded | 1853 | 2012 |
| Country | Austrailia | Mauritius |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and BDSwiss, directly affecting your bottom line as a trader. Both require a minimum deposit of $500. Amscot Stockbroking charges withdrawal fees while BDSwiss does not, a notable advantage for frequent withdrawers. BDSwiss charges deposit fees; Amscot Stockbroking does not. The two brokers are broadly comparable on fee structure.
| Feature | Amscot Stockbroking | BDSwiss |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while BDSwiss supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. BDSwiss edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | BDSwiss |
|---|---|---|
| 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 | MT4 ,Android,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Amscot Stockbroking and BDSwiss compare. BDSwiss runs regular live webinars; Amscot Stockbroking does not. BDSwiss has a video library; Amscot Stockbroking does not. BDSwiss publishes daily market commentary; Amscot Stockbroking does not. BDSwiss integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. BDSwiss maintains an archive of past webinars for on-demand viewing. BDSwiss scores higher overall in education and research.
| Feature | Amscot Stockbroking | BDSwiss |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 BDSwiss supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Amscot Stockbroking | BDSwiss |
|---|---|---|
| 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 BDSwiss 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 | BDSwiss |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |