Amscot Stockbroking
the share centre
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while the share centre was established in 2019 and is based in Bulgaria. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while the share centre is regulated by Financial Conduct Authority (FCA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; the share centre has 60,000+. The minimum deposit is $500 at Amscot Stockbroking and $250 at the share centre.
| Feature | Amscot Stockbroking | the share centre |
|---|---|---|
| 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-F322 |
| Founded | 1853 | 2019 |
| Country | Austrailia | Bulgaria |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and the share centre, directly affecting your bottom line as a trader. the share centre has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Amscot Stockbroking). Both brokers charge withdrawal fees. the share centre applies inactivity fees on dormant accounts; Amscot Stockbroking does not. the share centre charges deposit fees; Amscot Stockbroking does not. The two brokers are broadly comparable on fee structure.
| Feature | Amscot Stockbroking | the share centre |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while the share centre supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. the share centre supports social and copy trading features, which Amscot Stockbroking does not offer. the share centre edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | the share centre |
|---|---|---|
| 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 the share centre compare. the share centre has a video library; Amscot Stockbroking does not. the share centre integrates third-party research tools (Autochartist); Amscot Stockbroking does not. the share centre scores higher overall in education and research.
| Feature | Amscot Stockbroking | the share centre |
|---|---|---|
| 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 the share centre supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). the share centre uniquely supports PayPal and Skrill and Neteller among the two brokers. the share centre scores higher on deposit and withdrawal flexibility.
| Feature | Amscot Stockbroking | the share centre |
|---|---|---|
| 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 the share centre offer live chat support. Both provide phone support. Email support is available at both brokers. Amscot Stockbroking supports 2 languages and the share centre supports 8, giving the share centre broader global reach. Both brokers are comparable on support quality.
| Feature | Amscot Stockbroking | the share centre |
|---|---|---|
| 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 |