Amscot Stockbroking
Bridges Financial Services
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while Bridges Financial Services was established in 2014 and is based in Australia. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while Bridges Financial Services is regulated by ABN 60 003 474 977 among others. Amscot Stockbroking serves 10,000+ clients worldwide; Bridges Financial Services has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $100 at Bridges Financial Services.
| Feature | Amscot Stockbroking | Bridges Financial Services |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | ABN 60 003 474 977, AFSL No. 240837 |
| Founded | 1853 | 2014 |
| Country | Austrailia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and Bridges Financial Services, directly affecting your bottom line as a trader. Bridges Financial Services has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Amscot Stockbroking). Both brokers charge withdrawal fees. Bridges Financial Services charges deposit fees; Amscot Stockbroking does not. Overall, Bridges Financial Services scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | Bridges Financial Services |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while Bridges Financial Services supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bridges Financial Services supports social and copy trading features, which Amscot Stockbroking does not offer. Bridges Financial Services edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | Bridges Financial Services |
|---|---|---|
| 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 | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Amscot Stockbroking and Bridges Financial Services compare. Bridges Financial Services runs regular live webinars; Amscot Stockbroking does not. Bridges Financial Services has a video library; Amscot Stockbroking does not. Bridges Financial Services publishes daily market commentary; Amscot Stockbroking does not. Bridges Financial Services integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. Bridges Financial Services maintains an archive of past webinars for on-demand viewing. Bridges Financial Services scores higher overall in education and research.
| Feature | Amscot Stockbroking | Bridges Financial Services |
|---|---|---|
| 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 Bridges Financial Services supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Amscot Stockbroking | Bridges Financial Services |
|---|---|---|
| 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 Bridges Financial Services 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 | Bridges Financial Services |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |