Ascot Securities
freetrade
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while freetrade was established in 2016 and is based in United Kingdom. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821) among others. Ascot Securities serves 10,000+ clients worldwide; freetrade has 890,000+. The minimum deposit is $25 at Ascot Securities and $0 at freetrade.
| Feature | Ascot Securities | freetrade |
|---|---|---|
| Min. Deposit | $25 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority. Registered in England and Wales (no. 09797821) |
| Founded | 1996 | 2016 |
| Country | Estonia | United Kingdom |
| Clients | 10,000+ | 890,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities and freetrade, directly affecting your bottom line as a trader. freetrade has a lower barrier to entry with a minimum deposit of $0 (vs $25 at Ascot Securities). Ascot Securities charges withdrawal fees while freetrade does not, a notable advantage for frequent withdrawers. Ascot Securities applies inactivity fees on dormant accounts; freetrade does not. Ascot Securities charges deposit fees; freetrade does not. Overall, freetrade scores higher on fees in our assessment.
| Feature | Ascot Securities | freetrade |
|---|---|---|
| Min. Deposit | $25 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Ascot Securities offers MT4, MT5, cTrader, while freetrade supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. freetrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Ascot Securities | freetrade |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 freetrade compare. freetrade runs regular live webinars; Ascot Securities does not. Both provide video tutorials. freetrade publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. freetrade maintains an archive of past webinars for on-demand viewing. freetrade scores higher overall in education and research.
| Feature | Ascot Securities | freetrade |
|---|---|---|
| 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 freetrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). freetrade uniquely supports PayPal and Skrill and Neteller among the two brokers. freetrade scores higher on deposit and withdrawal flexibility.
| Feature | Ascot Securities | freetrade |
|---|---|---|
| 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 freetrade offer live chat support. Both provide phone support. Email support is available at both brokers. Ascot Securities supports 2 languages and freetrade supports 8, giving freetrade broader global reach. Both brokers are comparable on support quality.
| Feature | Ascot Securities | freetrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |