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Ascot Securities

6.5/10
Binary.com logo

Binary.com

5.2/10
6/10WinnerRegulation3/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Ascot Securities was founded in 1996 and is headquartered in Estonia, while Binary.com was established in 2014 and is based in United States. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Binary.com is regulated by Unregulated among others. Ascot Securities serves 10,000+ clients worldwide; Binary.com has 10,000+. The minimum deposit is $25 at Ascot Securities and $250 at Binary.com.

Ascot Securities wins this category
FeatureAscot SecuritiesBinary.com
Min. Deposit$25$250
RegulationCyprus Securities and Exchange Commission (CySEC)Unregulated
Founded19962014
CountryEstoniaUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and Binary.com, directly affecting your bottom line as a trader. Ascot Securities has a lower barrier to entry with a minimum deposit of $25 (vs $250 at Binary.com). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Ascot Securities charges deposit fees; Binary.com does not. Overall, Ascot Securities scores higher on fees in our assessment.

Ascot Securities wins this category
FeatureAscot SecuritiesBinary.com
Min. Deposit$25$250
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Ascot Securities offers MT4, MT5, cTrader, while Binary.com 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.

Tied
FeatureAscot SecuritiesBinary.com
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacMT4,iOS,MacBook,iPhone

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and Binary.com compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureAscot SecuritiesBinary.com
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

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 Binary.com supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAscot SecuritiesBinary.com
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Binary.com 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.

Tied
FeatureAscot SecuritiesBinary.com
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese