Amscot Stockbroking
Trade Zero
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while Trade Zero was established in 2014 and is based in Bahamas. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while Trade Zero is regulated by Securities Commission of the Bahamas (SCB) among others. Amscot Stockbroking serves 10,000+ clients worldwide; Trade Zero has 2,000+. Both brokers share the same minimum deposit of $500.
| Feature | Amscot Stockbroking | Trade Zero |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Securities Commission of the Bahamas (SCB) |
| Founded | 1853 | 2014 |
| Country | Austrailia | Bahamas |
| Clients | 10,000+ | 2,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and Trade Zero, directly affecting your bottom line as a trader. Both require a minimum deposit of $500. Amscot Stockbroking charges withdrawal fees while Trade Zero does not, a notable advantage for frequent withdrawers. Overall, Trade Zero scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | Trade Zero |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Amscot Stockbroking offers MT5, cTrader, while Trade Zero supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trade Zero supports social and copy trading features, which Amscot Stockbroking does not offer. The two brokers are closely matched on platform offering.
| Feature | Amscot Stockbroking | Trade Zero |
|---|---|---|
| MT4 | No | No |
| 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, Web Trader, 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 Trade Zero compare. Trade Zero runs regular live webinars; Amscot Stockbroking does not. Trade Zero has a video library; Amscot Stockbroking does not. Trade Zero publishes daily market commentary; Amscot Stockbroking does not. Trade Zero integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. Trade Zero maintains an archive of past webinars for on-demand viewing. Trade Zero scores higher overall in education and research.
| Feature | Amscot Stockbroking | Trade Zero |
|---|---|---|
| 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 Trade Zero supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Amscot Stockbroking | Trade Zero |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Trade Zero offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Amscot Stockbroking | Trade Zero |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |