Ascot Securities
ForexVox
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while ForexVox was established in 2019 and is based in UK. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while ForexVox is regulated by Financial Conduct Authority (FCA) in the United Kingdom among others. Ascot Securities serves 10,000+ clients worldwide; ForexVox has 10,000+. The minimum deposit is $25 at Ascot Securities and $0 at ForexVox.
| Feature | Ascot Securities | ForexVox |
|---|---|---|
| Min. Deposit | $25 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 |
| Founded | 1996 | 2019 |
| Country | Estonia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities and ForexVox, directly affecting your bottom line as a trader. ForexVox has a lower barrier to entry with a minimum deposit of $0 (vs $25 at Ascot Securities). Both brokers charge withdrawal fees. Ascot Securities applies inactivity fees on dormant accounts; ForexVox does not. Ascot Securities charges deposit fees; ForexVox does not. Overall, ForexVox scores higher on fees in our assessment.
| Feature | Ascot Securities | ForexVox |
|---|---|---|
| Min. Deposit | $25 | $0 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Ascot Securities offers MT4, MT5, cTrader, while ForexVox supports MT4, MT5. Both brokers provide mobile trading apps for iOS and Android. 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.
| Feature | Ascot Securities | ForexVox |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,Android,iPhone/iPad,Mac | MT4, MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and ForexVox compare. ForexVox runs regular live webinars; Ascot Securities does not. Both provide video tutorials. ForexVox publishes daily market commentary; Ascot Securities does not. Ascot Securities integrates third-party research tools (Autochartist); ForexVox does not. ForexVox scores higher overall in education and research.
| Feature | Ascot Securities | ForexVox |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | No |
| 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 ForexVox supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ForexVox uniquely supports PayPal and Skrill and Neteller among the two brokers. ForexVox scores higher on deposit and withdrawal flexibility.
| Feature | Ascot Securities | ForexVox |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 ForexVox offer live chat support. Both provide phone support. Email support is available at both brokers. Ascot Securities supports 2 languages and ForexVox supports 4, giving ForexVox broader global reach. Both brokers are comparable on support quality.
| Feature | Ascot Securities | ForexVox |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Russian, Indonesian, Malaysian |