B

Ascot Securities

6.5/10
XGLOBAL Markets logo

XGLOBAL Markets

5.6/10
6/10WinnerRegulation5/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Ascot Securities was founded in 1996 and is headquartered in Estonia, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Ascot Securities serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $25 at Ascot Securities and $500 at XGLOBAL Markets.

Ascot Securities wins this category
FeatureAscot SecuritiesXGLOBAL Markets
Min. Deposit$25$500
RegulationCyprus Securities and Exchange Commission (CySEC)Cyprus Securities and Exchange Commission (CySEC)
Founded19962008
CountryEstoniaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and XGLOBAL Markets, directly affecting your bottom line as a trader. Ascot Securities has a lower barrier to entry with a minimum deposit of $25 (vs $500 at XGLOBAL Markets). Both brokers charge withdrawal fees. Ascot Securities applies inactivity fees on dormant accounts; XGLOBAL Markets does not. Ascot Securities charges deposit fees; XGLOBAL Markets does not. Overall, Ascot Securities scores higher on fees in our assessment.

Ascot Securities wins this category
FeatureAscot SecuritiesXGLOBAL Markets
Min. Deposit$25$500
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesYesYes
CFD FeesYesNo

Platforms

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

Tied
FeatureAscot SecuritiesXGLOBAL Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacDesktop,iOS,Android

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and XGLOBAL Markets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureAscot SecuritiesXGLOBAL Markets
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAscot SecuritiesXGLOBAL Markets
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 XGLOBAL Markets 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 SecuritiesXGLOBAL Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese