B

Amscot Stockbroking

3.9/10

ninjatrader brokerage

8/10
3/10RegulationWinner10/10
0/10FeesTied0/10
7/10PlatformsTied7/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while ninjatrader brokerage was established in 2018 and is based in GRENADINES. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while ninjatrader brokerage is regulated by Financial Conduct Authority (FCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; ninjatrader brokerage has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $250 at ninjatrader brokerage.

ninjatrader brokerage wins this category
FeatureAmscot Stockbrokingninjatrader brokerage
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-F285
Founded18532018
CountryAustrailiaGRENADINES
Clients10,000+10,000+

Fees

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

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

Platforms

Amscot Stockbroking offers MT5, cTrader, while ninjatrader brokerage supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ninjatrader brokerage supports social and copy trading features, which Amscot Stockbroking does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAmscot Stockbrokingninjatrader brokerage
MT4NoNo
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 ninjatrader brokerage compare. ninjatrader brokerage runs regular live webinars; Amscot Stockbroking does not. ninjatrader brokerage has a video library; Amscot Stockbroking does not. ninjatrader brokerage publishes daily market commentary; Amscot Stockbroking does not. ninjatrader brokerage integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. ninjatrader brokerage maintains an archive of past webinars for on-demand viewing. ninjatrader brokerage scores higher overall in education and research.

ninjatrader brokerage wins this category
FeatureAmscot Stockbrokingninjatrader brokerage
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
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 ninjatrader brokerage supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ninjatrader brokerage uniquely supports PayPal and Skrill and Neteller among the two brokers. ninjatrader brokerage scores higher on deposit and withdrawal flexibility.

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

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