Amscot Stockbroking
Degiro
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 Degiro was established in 1934 and is based in Netherlands. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while Degiro is regulated by Financial Conduct Authority (FCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; Degiro has 600,000+. The minimum deposit is $500 at Amscot Stockbroking and $0 at Degiro.
| Feature | Amscot Stockbroking | Degiro |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) |
| Founded | 1853 | 1934 |
| Country | Austrailia | Netherlands |
| Clients | 10,000+ | 600,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and Degiro, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while Degiro does not, a notable advantage for frequent withdrawers. Overall, Degiro scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | Degiro |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while Degiro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Degiro edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | Degiro |
|---|---|---|
| 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 Degiro compare. Degiro has a video library; Amscot Stockbroking does not. Degiro integrates third-party research tools (Autochartist); Amscot Stockbroking does not. Degiro scores higher overall in education and research.
| Feature | Amscot Stockbroking | Degiro |
|---|---|---|
| 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 Degiro supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Amscot Stockbroking | Degiro |
|---|---|---|
| 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 Degiro 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 | Degiro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |