Ascot Securities
Xtrade
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Overview
Ascot Securities was founded in 1996 and is headquartered in Estonia, while Xtrade was established in 2003 and is based in Australia. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Ascot Securities serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $25 at Ascot Securities and $1 at Xtrade.
| Feature | Ascot Securities | Xtrade |
|---|---|---|
| Min. Deposit | $25 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1996 | 2003 |
| Country | Estonia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ascot Securities and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $25 at Ascot Securities). Ascot Securities charges withdrawal fees while Xtrade does not, a notable advantage for frequent withdrawers. Ascot Securities applies inactivity fees on dormant accounts; Xtrade does not. Ascot Securities charges deposit fees; Xtrade does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | Ascot Securities | Xtrade |
|---|---|---|
| Min. Deposit | $25 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ascot Securities offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ascot Securities supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Ascot Securities | Xtrade |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and Xtrade compare. Ascot Securities has a video library; Xtrade does not. Ascot Securities integrates third-party research tools (Autochartist); Xtrade does not. Ascot Securities scores higher overall in education and research.
| Feature | Ascot Securities | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ascot Securities uniquely supports bank transfer and credit/debit card among the two brokers. Ascot Securities scores higher on deposit and withdrawal flexibility.
| Feature | Ascot Securities | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
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 Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Ascot Securities offers multilingual support. Both brokers are comparable on support quality.
| Feature | Ascot Securities | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |