Amscot Stockbroking
phillip capital limited
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while phillip capital limited was established in 2016 and is based in Bulgaria. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while phillip capital limited is regulated by Financial Conduct Authority (FCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; phillip capital limited has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $250 at phillip capital limited.
| Feature | Amscot Stockbroking | phillip capital limited |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Ministry 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-F295 |
| Founded | 1853 | 2016 |
| Country | Austrailia | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and phillip capital limited, directly affecting your bottom line as a trader. phillip capital limited has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Amscot Stockbroking). Both brokers charge withdrawal fees. phillip capital limited applies inactivity fees on dormant accounts; Amscot Stockbroking does not. The two brokers are broadly comparable on fee structure.
| Feature | Amscot Stockbroking | phillip capital limited |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Amscot Stockbroking offers MT5, cTrader, while phillip capital limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. phillip capital limited edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | phillip capital limited |
|---|---|---|
| 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 | MT4, 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 phillip capital limited compare. phillip capital limited has a video library; Amscot Stockbroking does not. phillip capital limited integrates third-party research tools (Autochartist); Amscot Stockbroking does not. phillip capital limited scores higher overall in education and research.
| Feature | Amscot Stockbroking | phillip capital limited |
|---|---|---|
| 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 phillip capital limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). phillip capital limited uniquely supports PayPal and Skrill and Neteller among the two brokers. phillip capital limited scores higher on deposit and withdrawal flexibility.
| Feature | Amscot Stockbroking | phillip capital limited |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 phillip capital limited offer live chat support. Both provide phone support. Email support is available at both brokers. Amscot Stockbroking supports 2 languages and phillip capital limited supports 8, giving phillip capital limited broader global reach. Both brokers are comparable on support quality.
| Feature | Amscot Stockbroking | phillip capital limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |