B

Ascot Securities

6.5/10
tastyworks logo

tastyworks

7.6/10
6/10RegulationWinner10/10
8/10WinnerFees0/10
9/10WinnerPlatforms7/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Ascot Securities was founded in 1996 and is headquartered in Estonia, while tastyworks was established in 2014 and is based in Belize. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while tastyworks is regulated by Financial Conduct Authority (FCA) among others. Ascot Securities serves 10,000+ clients worldwide; tastyworks has 150,000+. The minimum deposit is $25 at Ascot Securities and $250 at tastyworks.

tastyworks wins this category
FeatureAscot Securitiestastyworks
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-F317
Founded19962014
CountryEstoniaBelize
Clients10,000+150,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and tastyworks, 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 tastyworks). Both brokers charge withdrawal fees. Ascot Securities applies inactivity fees on dormant accounts; tastyworks does not. Ascot Securities charges deposit fees; tastyworks does not. Overall, Ascot Securities scores higher on fees in our assessment.

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

Platforms

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

Ascot Securities wins this category
FeatureAscot Securitiestastyworks
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 tastyworks compare. tastyworks runs regular live webinars; Ascot Securities does not. Both provide video tutorials. tastyworks publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. tastyworks maintains an archive of past webinars for on-demand viewing. tastyworks scores higher overall in education and research.

tastyworks wins this category
FeatureAscot Securitiestastyworks
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 tastyworks supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). tastyworks uniquely supports PayPal and Skrill and Neteller among the two brokers. tastyworks scores higher on deposit and withdrawal flexibility.

tastyworks wins this category
FeatureAscot Securitiestastyworks
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 tastyworks offer live chat support. Both provide phone support. Email support is available at both brokers. Ascot Securities supports 2 languages and tastyworks supports 8, giving tastyworks broader global reach. Both brokers are comparable on support quality.

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