B

Ascot Securities

6.5/10
ifc markets logo

ifc markets

7.3/10
6/10RegulationWinner10/10
8/10WinnerFees0/10
9/10WinnerPlatforms7/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Ascot Securities was founded in 1996 and is headquartered in Estonia, while ifc markets was established in 2016 and is based in Cyprus. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while ifc markets is regulated by Financial Conduct Authority (FCA) among others. Ascot Securities serves 10,000+ clients worldwide; ifc markets has 60,000+. The minimum deposit is $25 at Ascot Securities and $250 at ifc markets.

ifc markets wins this category
FeatureAscot Securitiesifc markets
Min. Deposit$25$250
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F259
Founded19962016
CountryEstoniaCyprus
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and ifc markets, directly affecting your bottom line as a trader. Ascot Securities has a lower barrier to entry with a minimum deposit of $25 (vs $250 at ifc markets). Ascot Securities charges withdrawal fees while ifc markets does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Ascot Securities charges deposit fees; ifc markets does not. Overall, Ascot Securities scores higher on fees in our assessment.

Ascot Securities wins this category
FeatureAscot Securitiesifc markets
Min. Deposit$25$250
Withdrawal FeesYesNo
Inactivity FeesYesYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Ascot Securities offers MT4, MT5, cTrader, while ifc markets supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ascot Securities supports social and copy trading features, which ifc markets does not offer. Ascot Securities edges ahead on platform breadth and functionality in our scoring.

Ascot Securities wins this category
FeatureAscot Securitiesifc markets
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacMT4, 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 ifc markets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureAscot Securitiesifc markets
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

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 ifc markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ifc markets uniquely supports PayPal and Skrill and Neteller among the two brokers. ifc markets scores higher on deposit and withdrawal flexibility.

ifc markets wins this category
FeatureAscot Securitiesifc markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 ifc markets offer live chat support. Both provide phone support. Email support is available at both brokers. Ascot Securities supports 2 languages and ifc markets supports 8, giving ifc markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAscot Securitiesifc markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic