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Ascot Securities

6.5/10
tegasfx logo

tegasfx

8.4/10
6/10RegulationWinner10/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Ascot Securities was founded in 1996 and is headquartered in Estonia, while tegasfx was established in 2017 and is based in Cyprus. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while tegasfx is regulated by Financial Conduct Authority (FCA) among others. Ascot Securities serves 10,000+ clients worldwide; tegasfx has 10,000+. The minimum deposit is $25 at Ascot Securities and $250 at tegasfx.

tegasfx wins this category
FeatureAscot Securitiestegasfx
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-F320
Founded19962017
CountryEstoniaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and tegasfx, 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 tegasfx). Ascot Securities charges withdrawal fees while tegasfx does not, a notable advantage for frequent withdrawers. Ascot Securities applies inactivity fees on dormant accounts; tegasfx does not. Ascot Securities charges deposit fees; tegasfx does not. Overall, Ascot Securities scores higher on fees in our assessment.

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

Platforms

Ascot Securities offers MT4, MT5, cTrader, while tegasfx supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ascot Securities supports social and copy trading features, which tegasfx does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAscot Securitiestegasfx
MT4YesYes
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 tegasfx compare. tegasfx runs regular live webinars; Ascot Securities does not. Both provide video tutorials. tegasfx publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. tegasfx maintains an archive of past webinars for on-demand viewing. tegasfx scores higher overall in education and research.

tegasfx wins this category
FeatureAscot Securitiestegasfx
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
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 tegasfx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). tegasfx uniquely supports PayPal and Skrill and Neteller among the two brokers. tegasfx scores higher on deposit and withdrawal flexibility.

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

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