Ascot Securities
Virtual Brokers
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while Virtual Brokers was established in 2008 and is based in Canada. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC) among others. Ascot Securities serves 10,000+ clients worldwide; Virtual Brokers has 10,000+. The minimum deposit is $25 at Ascot Securities and $1000 at Virtual Brokers.
| Feature | Ascot Securities | Virtual Brokers |
|---|---|---|
| Min. Deposit | $25 | $1000 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF) |
| Founded | 1996 | 2008 |
| Country | Estonia | Canada |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities and Virtual Brokers, directly affecting your bottom line as a trader. Virtual Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $25 at Ascot Securities). Both brokers charge withdrawal fees. Ascot Securities applies inactivity fees on dormant accounts; Virtual Brokers does not. Ascot Securities charges deposit fees; Virtual Brokers does not. Overall, Ascot Securities scores higher on fees in our assessment.
| Feature | Ascot Securities | Virtual Brokers |
|---|---|---|
| Min. Deposit | $25 | $1000 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Ascot Securities offers MT4, MT5, cTrader, while Virtual Brokers 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.
| Feature | Ascot Securities | Virtual Brokers |
|---|---|---|
| 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,Desktop,iPhone/iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and Virtual Brokers compare. Virtual Brokers runs regular live webinars; Ascot Securities does not. Both provide video tutorials. Virtual Brokers publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. Virtual Brokers maintains an archive of past webinars for on-demand viewing. Virtual Brokers scores higher overall in education and research.
| Feature | Ascot Securities | Virtual Brokers |
|---|---|---|
| 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 Virtual Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ascot Securities | Virtual Brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Virtual Brokers 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.
| Feature | Ascot Securities | Virtual Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |