Amscot Stockbroking Review 2020

Amscot Stockbroking Rated 3/5
learn more Learn more about eToro. 75% of retail investor accounts lose money when trading CFDs with this provider.
Amscot Stockbroking Review Screenshot

Amscot Stockbroking Guide - Read our In Depth Amscot Stockbroking Review

This Amscot Stockbroking review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Amscot Stockbroking are an online broker founded in 1853 offering Forex trading trading, CFD trading trading, Spread Betting trading, Social trading trading, and Share Dealing trading.

Amscot Stockbroking are a global broker and have a head office in Austrailia.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Amscot Stockbroking we breakdown the pros and cons. What Amscot Stockbroking are able to offer, what countries Amscot Stockbroking are available in. Who Amscot Stockbroking are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Amscot Stockbroking

Open Amscot Stockbroking's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Amscot Stockbroking

With this Amscot Stockbroking review we hope to help you see if Amscot Stockbroking is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Amscot Stockbroking that will help you get off to a good start in the world of online trading.

Amscot Stockbroking Review Table of Contents

Amscot Stockbroking review
What you should know

Amscot Stockbroking offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

With Amscot Stockbroking you will need a minimum deposit of $500. You can sign up for a demo account to acquaint yourself with Amscot Stockbroking platform.

Amscot Stockbroking are able to accommodate various levels of traders whether you are experienced or a beginner.


Amscot Stockbroking review
Are Amscot Stockbroking safe?

When choosing a broker like Amscot Stockbroking the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 1853, and in operation for 167 years Amscot Stockbroking have a head office in Austrailia.

Amscot Stockbroking is regulated. This means Amscot Stockbroking are supervised by and is checked for conduct by the Ministry of Economic Affairs and Communications (Estonia) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Amscot Stockbroking, this will be honored. If Amscot Stockbroking violate any regulatory rules their regulated status could be stripped.

Any payments funded to Amscot Stockbroking accounts by traders are held in a segregated bank account.

For added security Amscot Stockbroking use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Amscot Stockbroking. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Amscot Stockbroking

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Amscot Stockbroking as a Company Compare Against Other Brokers

Broker amscotstockbroking eToro IC Markets Trading212
Year Established 1853 2006 2007 2006
Head Office Austrailia Cyprus, UK Australia UK
Regulation Ministry of Economic Affairs and Communications (Estonia) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Used By 10,000+ 12,000,000+ 60,000+ 14,000,000+
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No Yes
Learn More Visit Amscot Stockbroking Visit eToro Visit IC Markets Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Amscot Stockbroking review
Amscot Stockbroking Pros and Cons

What we like about Amscot Stockbroking

  • Used by over 10,000 traders
  • Established in 1853
  • Regulated by Ministry of Economic Affairs and Communications (Estonia)
  • Min. deposit from $500

What we don't like about Amscot Stockbroking

Amscot Stockbroking review
Amscot Stockbroking Regulation and Licensing in more detail

We have checked and Amscot Stockbroking is regulated and supervised by reputable organisations. You are able to check every Amscot Stockbroking supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Amscot Stockbroking. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Amscot Stockbroking traders and provide a safe trading environment.

Amscot Stockbroking is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Amscot Stockbroking you should be sure they're legitimate online agent.

Amscot Stockbroking review
Amscot Stockbroking Fees Explained

  • Amscot Stockbroking withdrawal fees varies on payment method
  • Amscot Stockbroking does charge a fee for inactive accounts.
  • Amscot Stockbroking does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Amscot Stockbroking Fees Compare Against Other Brokers

Broker amscotstockbroking eToro IC Markets Trading212
Min Deposit 500 200 200 1
Withdrawal Fees varies Yes No No
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes No

Amscot Stockbroking review
Amscot Stockbroking Minimum Deposit

Amscot Stockbroking require a minimum desposit of 500 GBP/USD when opening an Amscot Stockbroking trading account.

A minimum deposit is the minimum amount of money required by Amscot Stockbroking to open a new online brokerage account with them.

Dont be scared off by brokers like Amscot Stockbroking charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Amscot Stockbroking review
Amscot Stockbroking Withdrawal Fees

Amscot Stockbroking withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Amscot Stockbroking for example allow you to withdraw your funds to

Amscot Stockbroking review
Amscot Stockbroking Inactivity Fees

Amscot Stockbroking does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Amscot Stockbroking review
Amscot Stockbroking Desposit Fees

Amscot Stockbroking does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Amscot Stockbroking review
Amscot Stockbroking Commission Fees

Amscot Stockbroking does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Amscot Stockbroking review
What can you trade with Amscot Stockbroking?

Be aware that Different entities under Amscot Stockbroking Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Amscot Stockbroking over 35 instruments infact.

If you are looking at trading currency pairs Amscot Stockbroking offer over currency pairs.

Compare Amscot Stockbroking with eToro and IC Markets below.

Your capital is at risk

How Amscot Stockbroking Trading Options Compare Against Other Brokers

Broker amscotstockbroking eToro IC Markets Trading212
Instruments Available 35 100 232 3000
Platforms IRESSTrader,IRESSInvestor,netIRESS,XPLAN Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 177
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 0 19 14
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1731
UK Shares No Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Amscot Stockbroking
Your capital is at risk
Visit eToro
75% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit Trading 212
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Amscot Stockbroking review
Trading on Amscot Stockbroking web platforms and other applications

Amscot Stockbroking offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

Amscot Stockbroking also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See Amscot Stockbroking's platforms

Amscot Stockbroking Trading benefits :

Amscot Stockbroking Trading Accounts Offered :

  • Zero spread account

Can I try Amscot Stockbroking before I buy?

Amscot Stockbroking offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

Amscot Stockbroking withdrawal and funding methods.

Please note that the list of payment methods below depend on the Amscot Stockbroking Entity and the Clients Country of Residence.

Amscot Stockbroking offer the below funding payment methods. learn more about Amscot Stockbroking

Broker amscotstockbroking eToro IC Markets Trading212
Bank transfer No Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No No No No
Neteller No Yes Yes No

How can I start trading with Amscot Stockbroking?

When opening a trading account with Amscot Stockbroking, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Amscot Stockbroking trading platforms here.

Your capital is at risk

Performing trades with Amscot Stockbroking

Amscot Stockbroking allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Amscot Stockbroking allow you to execute a maxium trade of varies.

As a market maker, Amscot Stockbroking may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

Amscot Stockbroking Leverage and Amscot Stockbroking CFDs Explained

let's take a look at some of the basics of using Amscot Stockbroking leverage.

Amscot Stockbroking offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Amscot Stockbroking leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Amscot Stockbroking trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Amscot Stockbroking leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Amscot Stockbroking CFDs are typically used for short to medium term trades. For example Amscot Stockbroking intraday trading.

Education resources at Amscot Stockbroking

To trade effectively with Amscot Stockbroking, it's important to get a have a good understanding of the Amscot Stockbroking trading tools and the markets.

Amscot Stockbroking offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Amscot Stockbroking.

Take time to look around the Amscot Stockbroking platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Amscot Stockbroking

Amscot Stockbroking support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Amscot Stockbroking have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Amscot Stockbroking less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Amscot Stockbroking

Amscot Stockbroking does not offer LiveChat Support.

Email Support at Amscot Stockbroking

We sent several emails to Amscot Stockbroking and answer times overall were excellent. The fastest response from Amscot Stockbroking was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Amscot Stockbroking, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Amscot Stockbroking.

Phone Support at Amscot Stockbroking

We called Amscot Stockbroking and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Amscot Stockbroking phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Amscot Stockbroking team by calling in varying languages. Amscot Stockbroking made an effort to make sure our queries were answered.

Overall the phone support from Amscot Stockbroking was okay.

See how Amscot Stockbroking Support Compares Against Other Brokers

Broker amscotstockbroking eToro IC Markets Trading212
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, and Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More Visit Amscot Stockbroking Visit eToro Visit IC Markets Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Amscot Stockbroking

As Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Amscot Stockbroking Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Amscot Stockbroking's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Amscot Stockbroking you can visit the Amscot Stockbroking trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.amscot.com.au on 12th August 2018.

Amscot Stockbroking review
Is Amscot Stockbroking A Good Broker?

We spent over 3 months examining Amscot Stockbroking in depth. Although we found some very useful aspects of the Amscot Stockbroking platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Amscot Stockbroking broker.

  • Amscot Stockbroking have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
  • Amscot Stockbroking has a history of over 167 years.
  • Amscot Stockbroking has a reasonable sized customer support of at least 10.
  • Amscot Stockbroking are regulated by Ministry of Economic Affairs and Communications (Estonia). This means Amscot Stockbroking fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Amscot Stockbroking have regulation from a Tier 1 reputable country.
  • Amscot Stockbroking has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Amscot Stockbroking have an international presence in multiple countries. This includes local Amscot Stockbroking seminars and training.
  • Amscot Stockbroking are able to hire people from various locations in the world who can better communicate in your local language.

Amscot Stockbroking Risk Disclaimer

Your capital is at risk

Amscot Stockbroking review
Amscot Stockbroking not quite right?

If after reading this Amscot Stockbroking review, Amscot Stockbroking does not fulfill your needs check out these Amscot Stockbroking Alternatives.

Click here to view the best Amscot Stockbroking Alternatives

We have spent years researching the best alternatives to Amscot Stockbroking. Click the links below to learn more.

If you feel some of the above Amscot Stockbroking are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Amscot Stockbroking alternatives below.

Amscot Stockbroking review
Related Amscot Stockbroking Vs Comparisons

We have covered allot in this Amscot Stockbroking review, If you want to see how Amscot Stockbroking compares side by side with other brokers check out our Amscot Stockbroking Vs pages.

If you would like to see how Amscot Stockbroking stands up against other brokers you can read some of our Amscot Stockbroking comparisons below. We compare side by side some of our top rated Amscot Stockbroking versus comparisons. Read our indepth Amscot Stockbroking VS pages below.

Amscot Stockbroking review
AMSCOT STOCKBROKING Frequently Asked Questions

Can I try Amscot Stockbroking before I buy?

Amscot Stockbroking do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Amscot Stockbroking accept?

Please note that the list of payment methods below depend on the Amscot Stockbroking Entity and the Clients Country of Residence.

Amscot Stockbroking offer the following funding payment methods among other payment methods.
Learn more here

Your capital is at risk

Is Amscot Stockbroking safe?

Amscot Stockbroking are considered safe as they are regulated by and checked for conduct by the Ministry of Economic Affairs and Communications (Estonia). Any payments funded to Amscot Stockbroking accounts by traders are held in a segregated bank account. For added security Amscot Stockbroking use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Amscot Stockbroking trading good?

Amscot Stockbroking is considered good and reputable to trade with. Amscot StockbrokingAmscot Stockbroking is used by over Amscot Stockbroking active traders. Amscot Stockbroking offers Forex trading trading, CFD trading trading, Spread Betting trading, Social trading trading, and Share Dealing trading. Minimum deposit with Amscot Stockbroking is 500.

Is Amscot Stockbroking trading Legit?

Amscot Stockbroking was founded in Austrailia in 1853. Amscot Stockbroking has been facilitating trade on the financial markets for over 167 years. Amscot Stockbroking offers clients Forex trading trading, CFD trading trading, Spread Betting trading, Social trading trading, and Share Dealing trading. All funds deposited to Amscot Stockbroking are held in segregated tier 1 bank accounts for security. Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia) so can be considered legit.

Is Amscot Stockbroking a good broker?

Amscot Stockbroking is overseen by the top tier financial regulators Ministry of Economic Affairs and Communications (Estonia) so can be considered a good broker. Amscot Stockbroking allows Forex trading trading, CFD trading trading, Spread Betting trading, Social trading trading, and Share Dealing trading.

Is Amscot Stockbroking trustworthy broker?

Amscot Stockbroking can be considered trustworthy. All money funded to Amscot Stockbroking is placed into a segregated tier 1 bank account. this means your money in not held by Amscot Stockbroking directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia).

What is the minimum deposit for Amscot Stockbroking?

The minimum deposit to trade with Amscot Stockbroking is 500.

How long do Amscot Stockbroking withdrawals take?

Withdrawing money from Amscot Stockbroking processing time varies but averages 2-5 days.

Is Amscot Stockbroking regulated?

Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia).

Is Amscot Stockbroking a market maker?

Amscot Stockbroking is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Amscot Stockbroking?

When opening a trading account with Amscot Stockbroking, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Amscot Stockbroking trading platforms here.

Is my money safe with Amscot Stockbroking?

Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia). One of the most important criteria for traders when choosing a broker like Amscot Stockbroking is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Amscot Stockbroking, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Amscot Stockbroking a con?

Amscot Stockbroking is regulated and well established having been in business for over 167 years. Amscot Stockbroking is definitely not a con.

Can you make money with Amscot Stockbroking?

Although traders have had great success with Amscot Stockbroking. Trading on the financial markets with Amscot Stockbroking is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Amscot Stockbroking have fees?

Amscot Stockbroking withdrawal fees varies on payment method. Amscot Stockbroking does charge a fee for inactive accounts. Amscot Stockbroking does charge deposit fees.

When was Amscot Stockbroking founded?

Amscot Stockbroking was founded in 1853.

How many people use Amscot Stockbroking?

Amscot Stockbroking is used by over 10000 registered traders.

What is Amscot Stockbroking Headquarters country?

Amscot Stockbroking has its head quarters office in Austrailia.

Does Amscot Stockbroking offer negative balance protection?

Amscot Stockbroking does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Amscot Stockbroking offer guaranteed stop loss?

Amscot Stockbroking does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Amscot Stockbroking allow scalping?

Amscot Stockbroking does not offer scalping.

Does Amscot Stockbroking allow hedging?

Amscot Stockbroking does not offer hedging.

Does Amscot Stockbroking offer CFD trading?

Amscot Stockbroking offers CFD trading.

Does Amscot Stockbroking offer STP?

Amscot Stockbroking does not offer STP trading.

How many people use Amscot Stockbroking?

Amscot Stockbroking is used by over 10000 traders.

Is Amscot Stockbroking an ECN broker?

Amscot Stockbroking does not offer ECN trading.

Does Amscot Stockbroking offer a demo account?

Amscot Stockbroking does not offer demo account.

Does Amscot Stockbroking offer an Islamic account?

Amscot Stockbroking does not offer Islamic accounts.

What are the funding methods for Amscot Stockbroking?

Amscot Stockbroking accept the following funding methods :

Amscot Stockbroking review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Amscot Stockbroking brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Amscot Stockbroking review written by Mark Hansen of Comparebrokers.co