Ascot Securities
Direct FX
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while Direct FX was established in 2006 and is based in New Zealand. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Direct FX is regulated by Unregulated among others. Ascot Securities serves 10,000+ clients worldwide; Direct FX has 10,000+. The minimum deposit is $25 at Ascot Securities and $1 at Direct FX.
| Feature | Ascot Securities | Direct FX |
|---|---|---|
| Min. Deposit | $25 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Unregulated |
| Founded | 1996 | 2006 |
| Country | Estonia | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities and Direct FX, directly affecting your bottom line as a trader. Direct FX has a lower barrier to entry with a minimum deposit of $1 (vs $25 at Ascot Securities). Ascot Securities charges withdrawal fees while Direct FX does not, a notable advantage for frequent withdrawers. Ascot Securities applies inactivity fees on dormant accounts; Direct FX does not. Ascot Securities charges deposit fees; Direct FX does not. Overall, Direct FX scores higher on fees in our assessment.
| Feature | Ascot Securities | Direct FX |
|---|---|---|
| Min. Deposit | $25 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ascot Securities offers MT4, MT5, cTrader, while Direct FX 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 | Direct FX |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and Direct FX compare. Direct FX runs regular live webinars; Ascot Securities does not. Both provide video tutorials. Direct FX publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. Direct FX maintains an archive of past webinars for on-demand viewing. Direct FX scores higher overall in education and research.
| Feature | Ascot Securities | Direct FX |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 Direct FX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ascot Securities | Direct FX |
|---|---|---|
| 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 Direct FX 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 | Direct FX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |