Amscot Stockbroking
Interactive Investor
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while Interactive Investor was established in 1995 and is based in UK. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while Interactive Investor is regulated by Financial Conduct Authority (FCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; Interactive Investor has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $1 at Interactive Investor.
| Feature | Amscot Stockbroking | Interactive Investor |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Financial Conduct Authority (FCA) |
| Founded | 1853 | 1995 |
| Country | Austrailia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and Interactive Investor, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while Interactive Investor does not, a notable advantage for frequent withdrawers. Interactive Investor applies inactivity fees on dormant accounts; Amscot Stockbroking does not. Overall, Interactive Investor scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | Interactive Investor |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Amscot Stockbroking offers MT5, cTrader, while Interactive Investor supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Interactive Investor supports social and copy trading features, which Amscot Stockbroking does not offer. Interactive Investor edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | Interactive Investor |
|---|---|---|
| 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, ProTrader, 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 Interactive Investor compare. Interactive Investor has a video library; Amscot Stockbroking does not. Interactive Investor integrates third-party research tools (Autochartist); Amscot Stockbroking does not. Interactive Investor scores higher overall in education and research.
| Feature | Amscot Stockbroking | Interactive Investor |
|---|---|---|
| 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 Interactive Investor supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Amscot Stockbroking | Interactive Investor |
|---|---|---|
| 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 Interactive Investor 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 | Interactive Investor |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |