Amscot Stockbroking
World Forex Review
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 World Forex Review was established in 2008 and is based in Vanuatu. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. Amscot Stockbroking serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $100 at World Forex Review.
| Feature | Amscot Stockbroking | World Forex Review |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Vanuatu Financial Services Commission (VFSC) |
| Founded | 1853 | 2008 |
| Country | Austrailia | Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and World Forex Review, directly affecting your bottom line as a trader. World Forex Review has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Amscot Stockbroking). Both brokers charge withdrawal fees. World Forex Review charges deposit fees; Amscot Stockbroking does not. Overall, World Forex Review scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | World Forex Review |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. World Forex Review edges ahead on platform breadth and functionality in our scoring.
| Feature | Amscot Stockbroking | World Forex Review |
|---|---|---|
| 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 | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Amscot Stockbroking and World Forex Review compare. World Forex Review runs regular live webinars; Amscot Stockbroking does not. World Forex Review has a video library; Amscot Stockbroking does not. World Forex Review publishes daily market commentary; Amscot Stockbroking does not. World Forex Review integrates third-party research tools (Trading Central, Autochartist); Amscot Stockbroking does not. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.
| Feature | Amscot Stockbroking | World Forex Review |
|---|---|---|
| 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 World Forex Review supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Amscot Stockbroking | World Forex Review |
|---|---|---|
| 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 World Forex Review 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 | World Forex Review |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |