Ascot Securities
Forex Club
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while Forex Club was established in 2008 and is based in Russia. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Ascot Securities serves 10,000+ clients worldwide; Forex Club has 10,000+. The minimum deposit is $25 at Ascot Securities and $100 at Forex Club.
| Feature | Ascot Securities | Forex Club |
|---|---|---|
| Min. Deposit | $25 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1996 | 2008 |
| Country | Estonia | Russia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities and Forex Club, directly affecting your bottom line as a trader. Forex Club has a lower barrier to entry with a minimum deposit of $100 (vs $25 at Ascot Securities). Ascot Securities charges withdrawal fees while Forex Club does not, a notable advantage for frequent withdrawers. Ascot Securities applies inactivity fees on dormant accounts; Forex Club does not. Ascot Securities charges deposit fees; Forex Club does not. The two brokers are broadly comparable on fee structure.
| Feature | Ascot Securities | Forex Club |
|---|---|---|
| Min. Deposit | $25 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Ascot Securities offers MT4, MT5, cTrader, while Forex Club 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 | Forex Club |
|---|---|---|
| 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,WEB,desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and Forex Club compare. Forex Club runs regular live webinars; Ascot Securities does not. Both provide video tutorials. Forex Club publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. Forex Club maintains an archive of past webinars for on-demand viewing. Forex Club scores higher overall in education and research.
| Feature | Ascot Securities | Forex Club |
|---|---|---|
| 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 Forex Club supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ascot Securities | Forex Club |
|---|---|---|
| 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 Forex Club 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 | Forex Club |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |