B

Amscot Stockbroking

3.9/10
PUPRIME logo

PUPRIME

8.3/10
3/10RegulationWinner5/10
0/10FeesWinner10/10
7/10PlatformsWinner8/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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 PUPRIME was established in 2015 and is based in Seychelles. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd among others. Amscot Stockbroking serves 10,000+ clients worldwide; PUPRIME has 200,000+. The minimum deposit is $500 at Amscot Stockbroking and $50 at PUPRIME.

PUPRIME wins this category
FeatureAmscot StockbrokingPUPRIME
Min. Deposit$500$50
RegulationMinistry of Economic Affairs and Communications (Estonia)Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218
Founded18532015
CountryAustrailiaSeychelles
Clients10,000+200,000+

Fees

Fees are a critical factor when choosing between Amscot Stockbroking and PUPRIME, directly affecting your bottom line as a trader. PUPRIME has a lower barrier to entry with a minimum deposit of $50 (vs $500 at Amscot Stockbroking). Both brokers charge withdrawal fees. Overall, PUPRIME scores higher on fees in our assessment.

PUPRIME wins this category
FeatureAmscot StockbrokingPUPRIME
Min. Deposit$500$50
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoYes

Platforms

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

PUPRIME wins this category
FeatureAmscot StockbrokingPUPRIME
MT4NoYes
MT5YesYes
cTraderYesNo
Windows AppYesNo
iOS AppYesYes
Android AppYesYes
Trading PlatformsIRESSTrader,IRESSInvestor,netIRESS,XPLANMT4, MT5, WebTrader, PU Prime App, PU Social

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Amscot Stockbroking and PUPRIME compare. PUPRIME runs regular live webinars; Amscot Stockbroking does not. PUPRIME has a video library; Amscot Stockbroking does not. PUPRIME publishes daily market commentary; Amscot Stockbroking does not. PUPRIME integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. PUPRIME maintains an archive of past webinars for on-demand viewing. PUPRIME scores higher overall in education and research.

PUPRIME wins this category
FeatureAmscot StockbrokingPUPRIME
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 PUPRIME supports 4 (bank transfer, credit/debit card, Skrill, Neteller). PUPRIME uniquely supports Skrill and Neteller among the two brokers. PUPRIME scores higher on deposit and withdrawal flexibility.

PUPRIME wins this category
FeatureAmscot StockbrokingPUPRIME
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
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 PUPRIME offer live chat support. Both provide phone support. Email support is available at both brokers. Amscot Stockbroking supports 2 languages and PUPRIME supports 1, giving Amscot Stockbroking broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAmscot StockbrokingPUPRIME
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish