Ascot Securities
ETFinance
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while ETFinance was established in 2018 and is based in Cyprus. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Ascot Securities serves 10,000+ clients worldwide; ETFinance has 10,000+. The minimum deposit is $25 at Ascot Securities and $215 at ETFinance.
| Feature | Ascot Securities | ETFinance |
|---|---|---|
| Min. Deposit | $25 | $215 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1996 | 2018 |
| Country | Estonia | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities and ETFinance, directly affecting your bottom line as a trader. ETFinance has a lower barrier to entry with a minimum deposit of $215 (vs $25 at Ascot Securities). Ascot Securities charges withdrawal fees while ETFinance does not, a notable advantage for frequent withdrawers. Ascot Securities applies inactivity fees on dormant accounts; ETFinance does not. Ascot Securities charges deposit fees; ETFinance does not. Overall, Ascot Securities scores higher on fees in our assessment.
| Feature | Ascot Securities | ETFinance |
|---|---|---|
| Min. Deposit | $25 | $215 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ascot Securities offers MT4, MT5, cTrader, while ETFinance supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ascot Securities supports social and copy trading features, which ETFinance does not offer. The two brokers are closely matched on platform offering.
| Feature | Ascot Securities | ETFinance |
|---|---|---|
| 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,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 ETFinance compare. ETFinance runs regular live webinars; Ascot Securities does not. Both provide video tutorials. ETFinance publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. ETFinance maintains an archive of past webinars for on-demand viewing. ETFinance scores higher overall in education and research.
| Feature | Ascot Securities | ETFinance |
|---|---|---|
| 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 ETFinance supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ascot Securities | ETFinance |
|---|---|---|
| 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 ETFinance 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 | ETFinance |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |