Amscot Stockbroking

PUPRIME
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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.
| Feature | Amscot Stockbroking | PUPRIME |
|---|---|---|
| Min. Deposit | $500 | $50 |
| Regulation | Ministry 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 |
| Founded | 1853 | 2015 |
| Country | Austrailia | Seychelles |
| Clients | 10,000+ | 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.
| Feature | Amscot Stockbroking | PUPRIME |
|---|---|---|
| Min. Deposit | $500 | $50 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
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.
| Feature | Amscot Stockbroking | PUPRIME |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | MT4, 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.
| Feature | Amscot Stockbroking | PUPRIME |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 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.
| Feature | Amscot Stockbroking | PUPRIME |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 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.
| Feature | Amscot Stockbroking | PUPRIME |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |