Ascot Securities
AxiTrader
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while AxiTrader was established in 2007 and is based in Australia. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while AxiTrader is regulated by Financial Conduct Authority (FCA) among others. Ascot Securities serves 10,000+ clients worldwide; AxiTrader has 10,000+. The minimum deposit is $25 at Ascot Securities and $0 at AxiTrader.
| Feature | Ascot Securities | AxiTrader |
|---|---|---|
| Min. Deposit | $25 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA) |
| Founded | 1996 | 2007 |
| Country | Estonia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities and AxiTrader, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $25 at Ascot Securities). Both brokers charge withdrawal fees. Ascot Securities applies inactivity fees on dormant accounts; AxiTrader does not. Ascot Securities charges deposit fees; AxiTrader does not. Overall, AxiTrader scores higher on fees in our assessment.
| Feature | Ascot Securities | AxiTrader |
|---|---|---|
| Min. Deposit | $25 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ascot Securities offers MT4, MT5, cTrader, while AxiTrader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Ascot Securities | AxiTrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,Android,iPhone/iPad,Mac | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and AxiTrader compare. Ascot Securities has a video library; AxiTrader does not. Ascot Securities integrates third-party research tools (Autochartist); AxiTrader does not. Ascot Securities scores higher overall in education and research.
| Feature | Ascot Securities | AxiTrader |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ascot Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while AxiTrader supports 3 (bank transfer, credit/debit card, Neteller). AxiTrader uniquely supports Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.
| Feature | Ascot Securities | AxiTrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| 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 Ascot Securities and AxiTrader offer live chat support. Both provide phone support. Email support is available at both brokers. Ascot Securities supports 2 languages and AxiTrader supports 8, giving AxiTrader broader global reach. Both brokers are comparable on support quality.
| Feature | Ascot Securities | AxiTrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic |