B

Ascot Securities

6.5/10
VPE Bank logo

VPE Bank

6.8/10
6/10RegulationWinner9/10
8/10WinnerFees0/10
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 VPE Bank was established in 2008 and is based in Germany. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while VPE Bank is regulated by The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) among others. Ascot Securities serves 10,000+ clients worldwide; VPE Bank has 10,000+. The minimum deposit is $25 at Ascot Securities and $5000 at VPE Bank.

VPE Bank wins this category
FeatureAscot SecuritiesVPE Bank
Min. Deposit$25$5000
RegulationCyprus Securities and Exchange Commission (CySEC)The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA)
Founded19962008
CountryEstoniaGermany
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and VPE Bank, directly affecting your bottom line as a trader. Ascot Securities has a lower barrier to entry with a minimum deposit of $25 (vs $5000 at VPE Bank). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Ascot Securities charges deposit fees; VPE Bank does not. Overall, Ascot Securities scores higher on fees in our assessment.

Ascot Securities wins this category
FeatureAscot SecuritiesVPE Bank
Min. Deposit$25$5000
Withdrawal FeesYesYes
Inactivity FeesYesYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

Ascot Securities offers MT4, MT5, cTrader, while VPE Bank 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 SecuritiesVPE Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacMT4,MT5

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and VPE Bank compare. VPE Bank runs regular live webinars; Ascot Securities does not. Both provide video tutorials. VPE Bank publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. VPE Bank maintains an archive of past webinars for on-demand viewing. VPE Bank scores higher overall in education and research.

VPE Bank wins this category
FeatureAscot SecuritiesVPE Bank
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 VPE Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAscot SecuritiesVPE Bank
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 VPE Bank 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 SecuritiesVPE Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese