Amscot Stockbroking
Hargreaves Lansdown
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while Hargreaves Lansdown was established in 1981 and is based in UK. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while Hargreaves Lansdown is regulated by Financial Conduct Authority (FCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; Hargreaves Lansdown has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $200 at Hargreaves Lansdown.
| Feature | Amscot Stockbroking | Hargreaves Lansdown |
|---|---|---|
| Min. Deposit | $500 | $200 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Financial Conduct Authority (FCA) |
| Founded | 1853 | 1981 |
| Country | Austrailia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and Hargreaves Lansdown, directly affecting your bottom line as a trader. Hargreaves Lansdown has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while Hargreaves Lansdown does not, a notable advantage for frequent withdrawers. Overall, Hargreaves Lansdown scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | Hargreaves Lansdown |
|---|---|---|
| Min. Deposit | $500 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while Hargreaves Lansdown supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Hargreaves Lansdown edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | Hargreaves Lansdown |
|---|---|---|
| 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 | 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 Hargreaves Lansdown compare. Hargreaves Lansdown runs regular live webinars; Amscot Stockbroking does not. Hargreaves Lansdown has a video library; Amscot Stockbroking does not. Hargreaves Lansdown publishes daily market commentary; Amscot Stockbroking does not. Hargreaves Lansdown integrates third-party research tools (Trading Central); Amscot Stockbroking does not. Hargreaves Lansdown maintains an archive of past webinars for on-demand viewing. Hargreaves Lansdown scores higher overall in education and research.
| Feature | Amscot Stockbroking | Hargreaves Lansdown |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
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 Hargreaves Lansdown supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Amscot Stockbroking | Hargreaves Lansdown |
|---|---|---|
| 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 Hargreaves Lansdown 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 | Hargreaves Lansdown |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |