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Amscot Stockbroking

3.9/10
highlow logo

highlow

7.6/10
3/10RegulationWinner10/10
0/10FeesTied0/10
7/10PlatformsWinner9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while highlow was established in 2011 and is based in Australia. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while highlow is regulated by Financial Conduct Authority (FCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; highlow has 150,000+. The minimum deposit is $500 at Amscot Stockbroking and $250 at highlow.

highlow wins this category
FeatureAmscot Stockbrokinghighlow
Min. Deposit$500$250
RegulationMinistry of Economic Affairs and Communications (Estonia)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F254
Founded18532011
CountryAustrailiaAustralia
Clients10,000+150,000+

Fees

Fees are a critical factor when choosing between Amscot Stockbroking and highlow, directly affecting your bottom line as a trader. highlow has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while highlow does not, a notable advantage for frequent withdrawers. highlow charges deposit fees; Amscot Stockbroking does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAmscot Stockbrokinghighlow
Min. Deposit$500$250
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Amscot Stockbroking offers MT5, cTrader, while highlow supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. highlow supports social and copy trading features, which Amscot Stockbroking does not offer. highlow edges ahead on platform breadth and functionality in our scoring.

highlow wins this category
FeatureAmscot Stockbrokinghighlow
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsIRESSTrader,IRESSInvestor,netIRESS,XPLANMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 highlow compare. highlow has a video library; Amscot Stockbroking does not. highlow integrates third-party research tools (Autochartist); Amscot Stockbroking does not. highlow scores higher overall in education and research.

highlow wins this category
FeatureAmscot Stockbrokinghighlow
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

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 highlow supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). highlow uniquely supports PayPal and Skrill and Neteller among the two brokers. highlow scores higher on deposit and withdrawal flexibility.

highlow wins this category
FeatureAmscot Stockbrokinghighlow
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 highlow offer live chat support. Both provide phone support. Email support is available at both brokers. Amscot Stockbroking supports 2 languages and highlow supports 8, giving highlow broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAmscot Stockbrokinghighlow
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic