B

Ascot Securities

6.5/10

GKFX

7/10
6/10RegulationWinner7/10
8/10FeesTied8/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Ascot Securities was founded in 1996 and is headquartered in Estonia, while GKFX was established in 2010 and is based in UK. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while GKFX is regulated by Financial Conduct Authority (FCA) among others. Ascot Securities serves 10,000+ clients worldwide; GKFX has 10,000+. The minimum deposit is $25 at Ascot Securities and $20 at GKFX.

GKFX wins this category
FeatureAscot SecuritiesGKFX
Min. Deposit$25$20
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)
Founded19962010
CountryEstoniaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and GKFX, directly affecting your bottom line as a trader. GKFX has a lower barrier to entry with a minimum deposit of $20 (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; GKFX does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAscot SecuritiesGKFX
Min. Deposit$25$20
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Ascot Securities offers MT4, MT5, cTrader, while GKFX 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.

Tied
FeatureAscot SecuritiesGKFX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacMT4, Mac, 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 GKFX compare. GKFX runs regular live webinars; Ascot Securities does not. Both provide video tutorials. GKFX publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. GKFX maintains an archive of past webinars for on-demand viewing. GKFX scores higher overall in education and research.

GKFX wins this category
FeatureAscot SecuritiesGKFX
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
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 GKFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAscot SecuritiesGKFX
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 GKFX 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 SecuritiesGKFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese