B

Ascot Securities

6.5/10
EagleFX logo

EagleFX

5.8/10
6/10WinnerRegulation3/10
8/10FeesWinner10/10
9/10WinnerPlatforms7/10
4/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Ascot Securities was founded in 1996 and is headquartered in Estonia, while EagleFX was established in 2019 and is based in Dominica. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while EagleFX is regulated by Unregulated among others. Ascot Securities serves 10,000+ clients worldwide; EagleFX has 5,000+. The minimum deposit is $25 at Ascot Securities and $10 at EagleFX.

Ascot Securities wins this category
FeatureAscot SecuritiesEagleFX
Min. Deposit$25$10
RegulationCyprus Securities and Exchange Commission (CySEC)Unregulated
Founded19962019
CountryEstoniaDominica
Clients10,000+5,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and EagleFX, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $25 at Ascot Securities). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Ascot Securities charges deposit fees; EagleFX does not. Overall, EagleFX scores higher on fees in our assessment.

EagleFX wins this category
FeatureAscot SecuritiesEagleFX
Min. Deposit$25$10
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Ascot Securities offers MT4, MT5, cTrader, while EagleFX supports MT4, MT5, cTrader, a proprietary platform. Ascot Securities offers a mobile trading app; mobile availability for EagleFX is limited. Both brokers support copy or social trading, catering to less hands-on investors. Ascot Securities edges ahead on platform breadth and functionality in our scoring.

Ascot Securities wins this category
FeatureAscot SecuritiesEagleFX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesNo
Android AppYesNo
Trading PlatformsDesktop,Android,iPhone/iPad,MacMT4, 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 EagleFX compare. Ascot Securities has a video library; EagleFX does not. Ascot Securities integrates third-party research tools (Autochartist); EagleFX does not. Ascot Securities scores higher overall in education and research.

Ascot Securities wins this category
FeatureAscot SecuritiesEagleFX
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesNo

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

Tied
FeatureAscot SecuritiesEagleFX
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 EagleFX 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 SecuritiesEagleFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese