B

Amscot Stockbroking

3.9/10
macquarie securities limited logo

macquarie securities limited

7.9/10
3/10RegulationWinner10/10
0/10FeesTied0/10
7/10PlatformsWinner9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while macquarie securities limited was established in 2019 and is based in United States. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while macquarie securities limited is regulated by Financial Conduct Authority (FCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; macquarie securities limited has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $250 at macquarie securities limited.

macquarie securities limited wins this category
FeatureAmscot Stockbrokingmacquarie securities limited
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-F274
Founded18532019
CountryAustrailiaUnited States
Clients10,000+10,000+

Fees

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

Tied
FeatureAmscot Stockbrokingmacquarie securities limited
Min. Deposit$500$250
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

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

macquarie securities limited wins this category
FeatureAmscot Stockbrokingmacquarie securities limited
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 macquarie securities limited compare. macquarie securities limited runs regular live webinars; Amscot Stockbroking does not. macquarie securities limited has a video library; Amscot Stockbroking does not. macquarie securities limited publishes daily market commentary; Amscot Stockbroking does not. macquarie securities limited integrates third-party research tools (Trading Central); Amscot Stockbroking does not. macquarie securities limited maintains an archive of past webinars for on-demand viewing. macquarie securities limited scores higher overall in education and research.

macquarie securities limited wins this category
FeatureAmscot Stockbrokingmacquarie securities limited
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

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

macquarie securities limited wins this category
FeatureAmscot Stockbrokingmacquarie securities limited
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 macquarie securities limited offer live chat support. Both provide phone support. Email support is available at both brokers. Amscot Stockbroking supports 2 languages and macquarie securities limited supports 8, giving macquarie securities limited broader global reach. Both brokers are comparable on support quality.

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