Amscot Stockbroking
easyMarkets
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while easyMarkets was established in 2003 and is based in Cyprus, Australia. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Amscot Stockbroking serves 10,000+ clients worldwide; easyMarkets has 142,500+. The minimum deposit is $500 at Amscot Stockbroking and $100 at easyMarkets.
| Feature | Amscot Stockbroking | easyMarkets |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 1853 | 2003 |
| Country | Austrailia | Cyprus, Australia |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and easyMarkets, directly affecting your bottom line as a trader. easyMarkets has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while easyMarkets does not, a notable advantage for frequent withdrawers. Overall, easyMarkets scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | easyMarkets |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Amscot Stockbroking offers MT5, cTrader, while easyMarkets supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. easyMarkets supports social and copy trading features, which Amscot Stockbroking does not offer. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | easyMarkets |
|---|---|---|
| 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, 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 easyMarkets compare. easyMarkets runs regular live webinars; Amscot Stockbroking does not. easyMarkets has a video library; Amscot Stockbroking does not. easyMarkets publishes daily market commentary; Amscot Stockbroking does not. easyMarkets integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. easyMarkets maintains an archive of past webinars for on-demand viewing. easyMarkets scores higher overall in education and research.
| Feature | Amscot Stockbroking | easyMarkets |
|---|---|---|
| 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 easyMarkets supports 4 (bank transfer, credit/debit card, Skrill, Neteller). easyMarkets uniquely supports Skrill and Neteller among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | Amscot Stockbroking | easyMarkets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 easyMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Amscot Stockbroking supports 2 languages and easyMarkets supports 5, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | Amscot Stockbroking | easyMarkets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Arabic, Chinese, Spanish and Polish |