B

Ascot Securities

6.5/10

VTB 24 Bank

6.1/10
6/10WinnerRegulation3/10
8/10FeesTied8/10
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 VTB 24 Bank was established in 2008 and is based in Russia. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while VTB 24 Bank is regulated by Unregulated among others. Ascot Securities serves 10,000+ clients worldwide; VTB 24 Bank has 10,000+. The minimum deposit is $25 at Ascot Securities and $100 at VTB 24 Bank.

Ascot Securities wins this category
FeatureAscot SecuritiesVTB 24 Bank
Min. Deposit$25$100
RegulationCyprus Securities and Exchange Commission (CySEC)Unregulated
Founded19962008
CountryEstoniaRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and VTB 24 Bank, directly affecting your bottom line as a trader. VTB 24 Bank has a lower barrier to entry with a minimum deposit of $100 (vs $25 at Ascot Securities). Ascot Securities charges withdrawal fees while VTB 24 Bank does not, a notable advantage for frequent withdrawers. Ascot Securities applies inactivity fees on dormant accounts; VTB 24 Bank does not. Ascot Securities charges deposit fees; VTB 24 Bank does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAscot SecuritiesVTB 24 Bank
Min. Deposit$25$100
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Ascot Securities offers MT4, MT5, cTrader, while VTB 24 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 SecuritiesVTB 24 Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacDesktop, Tablet & Mobile apps,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and VTB 24 Bank compare. VTB 24 Bank runs regular live webinars; Ascot Securities does not. Both provide video tutorials. VTB 24 Bank publishes daily market commentary; Ascot Securities does not. Both integrate third-party research tools. VTB 24 Bank maintains an archive of past webinars for on-demand viewing. VTB 24 Bank scores higher overall in education and research.

VTB 24 Bank wins this category
FeatureAscot SecuritiesVTB 24 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 VTB 24 Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAscot SecuritiesVTB 24 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 VTB 24 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 SecuritiesVTB 24 Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese