B

Amscot Stockbroking

3.9/10

Bulbrokers

5.4/10
3/10RegulationWinner6/10
0/10FeesWinner6/10
7/10PlatformsTied7/10
0/10Education & ResearchTied0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while Bulbrokers was established in 2000 and is based in Bulgaria. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while Bulbrokers is regulated by Financial Services Authority (FSA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; Bulbrokers has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $100 at Bulbrokers.

Bulbrokers wins this category
FeatureAmscot StockbrokingBulbrokers
Min. Deposit$500$100
RegulationMinistry of Economic Affairs and Communications (Estonia)Financial Services Authority (FSA)
Founded18532000
CountryAustrailiaBulgaria
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Amscot Stockbroking and Bulbrokers, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while Bulbrokers does not, a notable advantage for frequent withdrawers. Bulbrokers applies inactivity fees on dormant accounts; Amscot Stockbroking does not. Overall, Bulbrokers scores higher on fees in our assessment.

Bulbrokers wins this category
FeatureAmscot StockbrokingBulbrokers
Min. Deposit$500$100
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Amscot Stockbroking offers MT5, cTrader, while Bulbrokers supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureAmscot StockbrokingBulbrokers
MT4NoNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsIRESSTrader,IRESSInvestor,netIRESS,XPLANMT4, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Amscot Stockbroking and Bulbrokers compare. The two brokers are evenly matched on educational content.

Tied
FeatureAmscot StockbrokingBulbrokers
Forex EducationNoNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoNo

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 Bulbrokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAmscot StockbrokingBulbrokers
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Bulbrokers 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.

Tied
FeatureAmscot StockbrokingBulbrokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese