Amscot Stockbroking
BNP Paribas
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while BNP Paribas was established in 2004 and is based in UK. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while BNP Paribas is regulated by Financial Conduct Authority (FCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; BNP Paribas has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $100 at BNP Paribas.
| Feature | Amscot Stockbroking | BNP Paribas |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Financial Conduct Authority (FCA) |
| Founded | 1853 | 2004 |
| Country | Austrailia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and BNP Paribas, directly affecting your bottom line as a trader. BNP Paribas has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while BNP Paribas does not, a notable advantage for frequent withdrawers. Overall, BNP Paribas scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | BNP Paribas |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while BNP Paribas supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. BNP Paribas supports social and copy trading features, which Amscot Stockbroking does not offer. BNP Paribas edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | BNP Paribas |
|---|---|---|
| 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 | iPhone/iPad,Mac,Desktop, |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Amscot Stockbroking and BNP Paribas compare. BNP Paribas runs regular live webinars; Amscot Stockbroking does not. BNP Paribas has a video library; Amscot Stockbroking does not. BNP Paribas publishes daily market commentary; Amscot Stockbroking does not. BNP Paribas integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. BNP Paribas maintains an archive of past webinars for on-demand viewing. BNP Paribas scores higher overall in education and research.
| Feature | Amscot Stockbroking | BNP Paribas |
|---|---|---|
| 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 BNP Paribas supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Amscot Stockbroking | BNP Paribas |
|---|---|---|
| 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 BNP Paribas 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 | BNP Paribas |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |