Amscot Stockbroking
CM Trading
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while CM Trading was established in 2011 and is based in Seychelles. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while CM Trading is regulated by Financial Sector Conduct Authority (FSCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; CM Trading has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $250 at CM Trading.
| Feature | Amscot Stockbroking | CM Trading |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Financial Sector Conduct Authority (FSCA) |
| Founded | 1853 | 2011 |
| Country | Austrailia | Seychelles |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and CM Trading, directly affecting your bottom line as a trader. CM Trading has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while CM Trading does not, a notable advantage for frequent withdrawers. CM Trading applies inactivity fees on dormant accounts; Amscot Stockbroking does not. The two brokers are broadly comparable on fee structure.
| Feature | Amscot Stockbroking | CM Trading |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while CM Trading supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CM Trading supports social and copy trading features, which Amscot Stockbroking does not offer. CM Trading edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | CM Trading |
|---|---|---|
| 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, Mirror Trader, Sirix, 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 CM Trading compare. CM Trading has a video library; Amscot Stockbroking does not. CM Trading integrates third-party research tools (Autochartist); Amscot Stockbroking does not. CM Trading scores higher overall in education and research.
| Feature | Amscot Stockbroking | CM Trading |
|---|---|---|
| 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 CM Trading supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Amscot Stockbroking | CM Trading |
|---|---|---|
| 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 CM Trading 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 | CM Trading |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |