Ascot Securities
Binance
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while Binance was established in 2017 and is based in Japan. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Binance is regulated by Unregulated among others. Ascot Securities serves 10,000+ clients worldwide; Binance has 13500000. The minimum deposit is $25 at Ascot Securities and $100 at Binance.
| Feature | Ascot Securities | Binance |
|---|---|---|
| Min. Deposit | $25 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Unregulated |
| Founded | 1996 | 2017 |
| Country | Estonia | Japan |
| Clients | 10,000+ | 13500000 |
Fees
Fees are a critical factor when choosing between Ascot Securities and Binance, directly affecting your bottom line as a trader. Binance has a lower barrier to entry with a minimum deposit of $100 (vs $25 at Ascot Securities). Both brokers charge withdrawal fees. Ascot Securities applies inactivity fees on dormant accounts; Binance does not. Ascot Securities charges deposit fees; Binance does not. Overall, Ascot Securities scores higher on fees in our assessment.
| Feature | Ascot Securities | Binance |
|---|---|---|
| Min. Deposit | $25 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Ascot Securities offers MT4, MT5, cTrader, while Binance supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Binance edges ahead on platform breadth and functionality in our scoring.
| Feature | Ascot Securities | Binance |
|---|---|---|
| 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 | Desktop, Android, iPhone/iPad, Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and Binance compare. Binance runs regular live webinars; Ascot Securities does not. Both provide video tutorials. Binance publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. Binance maintains an archive of past webinars for on-demand viewing. Binance scores higher overall in education and research.
| Feature | Ascot Securities | Binance |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 Binance supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ascot Securities | Binance |
|---|---|---|
| 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 Ascot Securities and Binance 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 | Ascot Securities | Binance |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |