Amscot Stockbroking Rated 3/5

Amscot Stockbroking Guide - Read our In Depth 2023 Amscot Stockbroking Review

This detailed Amscot Stockbroking review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Learn more about Amscot Stockbroking.

Benefits of Trading with Amscot Stockbroking

Amscot Stockbroking Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 500
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 Amscot Stockbroking users and traders
๐Ÿ“† Founded 1853
๐ŸŒ HQ Austrailia
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Ministry of Economic Affairs and Communications (Estonia)
๐Ÿšซ Excluded Countries Amscot Stockbroking is not available in the following countries :

Open Amscot Stockbroking's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Amscot Stockbroking?

Amscot Stockbroking are a worldwide financial trading platform and broker. founded in 1853

Over 170 years later Amscot Stockbroking now serves over 10,000 retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.

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

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Amscot Stockbroking review and assess how well the Amscot Stockbroking platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Amscot Stockbroking. Choosing or shortlisting a trading platform like Amscot Stockbroking can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Amscot Stockbroking.

As a result, selecting the right trading platform like Amscot Stockbroking requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Amscot Stockbroking available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Amscot Stockbroking requires thorough due diligence and careful consideration. Some Amscot Stockbroking trading features can be complex when trading on mobile or using the Amscot Stockbroking online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Amscot Stockbroking trading tools properly. In our review of Amscot Stockbroking we explain the pros and cons. What Amscot Stockbroking offer, countries Amscot Stockbroking are available in. Who Amscot Stockbroking are regulated by and more.

Amscot Stockbroking Review Screenshot

When it comes to online trading with brokers like Amscot Stockbroking, carefully review Amscot Stockbroking as your broker can make or break your success. Choosing the right broker is essential to ensure your Amscot Stockbroking investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Amscot Stockbroking review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Amscot Stockbroking. You must also ensure the Amscot Stockbroking broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Amscot Stockbroking needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Amscot Stockbroking into easily digestible information in this Amscot Stockbroking review. We want to ensure you have all the knowledge necessary to use the Amscot Stockbroking trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Amscot Stockbroking are the key to successful trading, so we've provided this detailed Amscot Stockbroking review. So, take a seat, grab a cup of coffee, and dive in to learn about Amscot Stockbroking and how it can benefit you or if Amscot Stockbroking is not for you.

Online investing with Amscot Stockbroking can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Amscot Stockbroking, evaluating the Amscot Stockbroking platform is important. Evaluation includes researching the Amscot Stockbroking management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Amscot Stockbroking. That's why it's essential to understand the Amscot Stockbroking company policies and practices before making any investment decisions. By doing your due diligence and understanding Amscot Stockbroking platform, you can make informed investment choices that align with your financial goals. So take the time to research Amscot Stockbroking thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Amscot Stockbroking review you need to determine if Amscot Stockbroking is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Amscot Stockbroking, so you can make a more informed decision and compare other brokers against Amscot Stockbroking.

If you want to look at some Amscot Stockbroking alternatives that might better fit your needs, we list and compare some of the best Amscot Stockbroking alternatives further down this Amscot Stockbroking review.

Don't be fooled by the misconception that online trading is easy with Amscot Stockbroking. It can be challenging and requires significant research and understanding of the Amscot Stockbroking trading tools and features. You must know what you are doing when trading with Amscot Stockbroking. That's why we've compiled this detailed Amscot Stockbroking review with some important information that will hopefully make you more informed when online trading with Amscot Stockbroking.

Amscot Stockbroking Review Table of Contents

Amscot Stockbroking review
Amscot Stockbroking is a Multi-Assets Trading Platform with over 35+ Assets

Learn more about Amscot Stockbroking. Amscot Stockbroking is a multi asset platform with 35+ tradable Assets. Assets available on Amscot Stockbroking include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Amscot Stockbroking trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.

Features of Amscot Stockbroking

Amscot Stockbroking review
What you should know

Amscot Stockbroking offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing. The assets and products available to you on the Amscot Stockbroking trading platform depends on the region of the world, you are in and the Amscot Stockbroking entity you have an account.

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.

Are Amscot Stockbroking safe?

When considering Amscot Stockbroking for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Amscot Stockbroking, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 1853, and in operation for 170 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.

Amscot Stockbroking withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Amscot Stockbroking are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Amscot Stockbroking are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Amscot Stockbroking and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Amscot Stockbroking has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, Amscot Stockbroking will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Amscot Stockbroking, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If Amscot Stockbroking violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with Amscot Stockbroking?

All payments made to Amscot Stockbroking by traders are securely held in a segregated bank account.

Amscot Stockbroking uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should Amscot Stockbroking use them?

Amscot Stockbroking partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Amscot Stockbroking clients' funds.

Amscot Stockbroking clients can have greater confidence in their financial security when working with a Tier 1 bank because Amscot Stockbroking are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in Amscot Stockbroking deposited in a Tier 1 bank?

Depositing funds with Amscot Stockbroking ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Amscot Stockbroking were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Amscot Stockbroking is a secure and safe platform.

Please be aware that trading in financial assets with Amscot Stockbroking carries a risk of loss. Amscot Stockbroking trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Amscot Stockbroking emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Amscot Stockbroking, let's closely examine its features.

To better understand the Amscot Stockbroking trading platform, you can create two separate accounts - one with real money and the other a Amscot Stockbroking demo account. A Amscot Stockbroking demo account provides a risk-free environment for experimenting with the Amscot Stockbroking platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Amscot Stockbroking trading decisions.

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 IC Markets Roboforex eToro
Year Established 1853 2007 2009 2007
Head Office Austrailia Australia Belize Cyprus, UK
Regulation Ministry of Economic Affairs and Communications (Estonia) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ Amscot Stockbroking users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Amscot Stockbroking Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

Amscot Stockbroking review
Amscot Stockbroking Pros and Cons

What we like about Amscot Stockbroking

  • Used by over 10,000 Amscot Stockbroking users and 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

Amscot Stockbroking is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Amscot Stockbroking going into insolvency. Amscot Stockbroking compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Amscot Stockbroking to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Amscot Stockbroking traders.

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

Is Amscot Stockbroking Global?

Yes, Amscot Stockbroking is global as Amscot Stockbroking is available in over 194 countries.

Amscot Stockbroking is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Amscot Stockbroking covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Amscot Stockbroking has a total of more than 10,000 users.

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.

Amscot Stockbroking Costs To Check

Modern brokers like Amscot Stockbroking provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Amscot Stockbroking may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Amscot Stockbroking trading profitability.

How Amscot Stockbroking Fees Compare Against Other Brokers

Broker amscotstockbroking IC Markets Roboforex eToro
Min Deposit 500 200 10 50
Withdrawal Fees varies No Yes Yes
Inactivity Fees No No Yes
Deposit Fees Varies No No
CFD Commission Fees Yes No Yes

Amscot Stockbroking Minimum Deposit

Amscot Stockbroking requires a minimum deposit of 500 GBP/USD/EUR 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.

Don't be scared off by brokers like Amscot Stockbroking charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Amscot Stockbroking, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Amscot Stockbroking Withdrawal Fees

The fees for withdrawing funds from your Amscot Stockbroking account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Amscot Stockbroking withdrawal request is important.

Amscot Stockbroking Withdrawal rules may vary across different brokers when it comes to transferring funds from your Amscot Stockbroking or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Amscot Stockbroking may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Amscot Stockbroking withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Amscot Stockbroking. Researching and comparing Amscot Stockbroking withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Amscot Stockbroking funds frequently or dealing with large sums of money. Awareness of these Amscot Stockbroking fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Amscot Stockbroking funds.

For example, Amscot Stockbroking allows you to withdraw your funds to Bank Transfer.

Amscot Stockbroking Inactivity Fees

Amscot Stockbroking does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Amscot Stockbroking terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Amscot Stockbroking fees and services. It's recommended that you check the Amscot Stockbroking website before signing up. If you decide to close your Amscot Stockbroking account, it's important to do so with the Amscot Stockbroking broker customer support and obtain confirmation that no remaining Amscot Stockbroking fees are due.

Brokers like Amscot Stockbroking must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Amscot Stockbroking Deposit Fees

Amscot Stockbroking do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Amscot Stockbroking Commission Fees

Amscot Stockbroking does charge commission on CFD instruments.

Brokerage firms like Amscot Stockbroking may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Amscot Stockbroking trading account level held by the trader.

Amscot Stockbroking may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Amscot Stockbroking terms and conditions to understand the commission fees and any other charges that may apply is essential.

Amscot Stockbroking review
What can you trade with Amscot Stockbroking?

It's essential to note that the trading instruments offered under the Amscot Stockbroking brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Amscot Stockbroking trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

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

If you want to trade currency pairs on global Forex markets, Amscot Stockbroking offer over currency pairs.

Amscot Stockbroking Compared To Other Brokers

Compare Amscot Stockbroking with IC Markets and Roboforex below.

Your capital is at risk

How Amscot Stockbroking Trading Options Compare Against Other Brokers

Broker amscotstockbroking IC Markets Roboforex eToro
Instruments Available 35 2250 100 5000
Platforms IRESSTrader,IRESSInvestor,netIRESS,XPLAN MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 61 35 50
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals No Yes Yes Yes
Energies No Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares No Yes Yes 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 IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

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

Amscot Stockbroking provides traders with a user-friendly custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.

Amscot Stockbroking also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Amscot Stockbroking's platforms

Is the Amscot Stockbroking Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Amscot Stockbroking trading platform to protect you on PC and mobile Amscot Stockbroking platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Amscot Stockbroking web trading platforms.

Amscot Stockbroking Trading Platform Options

Amscot Stockbroking does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

Amscot Stockbroking offers its custom trading platform developed and tested in-house. The Amscot Stockbroking trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.

The Amscot Stockbroking platform allows traders to filter the financial marketplace for trade opportunities that match criteria.

With Amscot Stockbroking, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Amscot Stockbroking platform, including news and quotes. Discover possible trades with the strong charting tools found with Amscot Stockbroking. Amscot Stockbroking is available as downloadable applications or online through the cloud. Monitor your orders with Amscot Stockbroking and receive breaking news in your positions.

Amscot Stockbroking Trading benefits

Amscot Stockbroking Trading Accounts Offered

Below we give an overview of the account types that Amscot Stockbroking offer. Whatever you are looking to trade, the varying Amscot Stockbroking account types will be able to provide you with what you need.

  • Amscot Stockbroking Zero spread account

Can I try Amscot Stockbroking?

Amscot Stockbroking provides a demo account that enables individuals to explore trading before investing their funds. By creating a Amscot Stockbroking practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Amscot Stockbroking demo account can help individuals to make informed decisions before investing their money.

Open a demo Amscot Stockbroking account to practice and trade.

Your capital is at risk

Amscot Stockbroking withdrawal and funding methods

It's essential to remember that the payment methods provided by Amscot Stockbroking vary based on the Amscot Stockbroking entity and the Amscot Stockbroking client's country of residence. To view the Amscot Stockbroking payment options available, you can log into your Amscot Stockbroking member's area.

Amscot Stockbroking offers various funding payment methods listed in your Amscot Stockbroking dashboard if available in your region. To learn more about the Amscot Stockbroking funding and withdrawal options available in your area, you can explore the Amscot Stockbroking website.

Amscot Stockbroking provides several payment methods for funding your Amscot Stockbroking account. You may utilize any of these deposit options if they are available in your region. Amscot Stockbroking ensures that users have multiple payment methods to choose from, making it more convenient for verified Amscot Stockbroking account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Amscot Stockbroking user's location. learn more about Amscot Stockbroking funding and withdrawal methods.

Amscot Stockbroking Payment Methods

Some Amscot Stockbroking payment methods are local and are available only to specific regions. Amscot Stockbroking account holders should check which payment methods are provided in your region.
  • Amscot Stockbroking accepts Bank Transfer
Broker amscotstockbroking IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
Neteller No Yes Yes Yes

*please note available Amscot Stockbroking and other broker payment methods depend on the clients country of residence.

How can I start trading with Amscot Stockbroking?

To open a trading account with Amscot Stockbroking, individuals can sign up on the Amscot Stockbroking website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Amscot Stockbroking account validation and making a deposit. Once completed, Amscot Stockbroking users can download the trading platform of their choice.

It's important to note that Amscot Stockbroking requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Amscot Stockbroking maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Amscot Stockbroking trading platforms is available on their website.

Your capital is at risk

Performing trades with Amscot Stockbroking

When using Amscot Stockbroking, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Amscot Stockbroking have a max trade of varies.

Amscot Stockbroking, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Amscot Stockbroking can be useful for traders starting or with limited capital.

Like other brokers, Amscot Stockbroking margin requirements can differ depending on the traded instrument.

CFD Trading on Amscot Stockbroking

We will show you an example of the basics of using Amscot Stockbroking leverage.

CFD trading on Amscot Stockbroking allows traders to speculate on the price movements of various financial instruments against the broker Amscot Stockbroking, without actually owning real assets. With CFDs, Amscot Stockbroking traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

Amscot Stockbroking provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, Amscot Stockbroking leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Amscot Stockbroking trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Amscot Stockbroking leverage magnifies both profits and losses in trading.

Trading CFD trades on the Amscot Stockbroking platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced Amscot Stockbroking traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk

Education Resources at Amscot Stockbroking

To trade effectively with Amscot Stockbroking, it's important to have a good understanding of the Amscot Stockbroking trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Amscot Stockbroking and externally.

Amscot Stockbroking . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Amscot Stockbroking. Familiarizing yourself with the Amscot Stockbroking trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Amscot Stockbroking. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Amscot Stockbroking involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Amscot Stockbroking, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Amscot Stockbroking. Explore the Amscot Stockbroking platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Amscot Stockbroking, before live trading.

Customer Support at Amscot Stockbroking

As part of our Amscot Stockbroking review, we review customer service options, response times and problem resolution effectiveness on the Amscot Stockbroking trading platform. The Amscot Stockbroking trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Amscot Stockbroking Available Support Types

Based on our experience, we have given Amscot Stockbroking a D grade for customer support. We encountered some slow response times or Amscot Stockbroking queries that were left unanswered.

Compared to other brokers, Amscot Stockbroking offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

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 tested the email support of Amscot Stockbroking by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Amscot Stockbroking response.

The Amscot Stockbroking team did resolve and answer our queries, but the email support from Amscot Stockbroking was overall average compared to other brokers we have tested.

Phone Support at Amscot Stockbroking

We contacted Amscot Stockbroking via phone and received quick assistance within 10 minutes of our call.

The Amscot Stockbroking phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Amscot Stockbroking and found that they could assist us in various languages.

While we found the Amscot Stockbroking phone support satisfactory, there is room for improvement in response time.

See how Amscot Stockbroking Support Compares Against Other Brokers

Broker amscotstockbroking IC Markets Roboforex eToro
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, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Amscot Stockbroking Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with Amscot Stockbroking

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

As a new client of Amscot Stockbroking, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Amscot Stockbroking in your region. During the Amscot Stockbroking account opening process, you will be asked to provide Amscot Stockbroking with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Amscot Stockbroking have the following documents available.

  • Amscot Stockbroking require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Amscot Stockbroking compliance. This must be dated within the last six months.
  • If you plan to fund your Amscot Stockbroking account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Amscot Stockbroking platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Amscot Stockbroking Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Amscot Stockbroking's platform.

However, remember that you won't be able to make trades on Amscot Stockbroking until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Amscot Stockbroking KYC compliance process as soon as possible to avoid any delays in accessing the Amscot Stockbroking platform's features.

It is important to note that Amscot Stockbroking may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Amscot Stockbroking platform and features immediately. However, you must pass the verification process to start live trading with Amscot Stockbroking, which can take up to a few business days.

To start the process of opening an account with Amscot Stockbroking you can visit the Amscot Stockbroking trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested 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 investment advice. All information collected from https://www.amscot.com.au on September 19, 2023.

Is Amscot Stockbroking A Good Broker?

We have spent over 5 years examining Amscot Stockbroking in depth. Although we found some very useful aspects of the Amscot Stockbroking platform that would be useful to some traders. We feel that a alternative to Amscot Stockbroking may better suit you.

  • 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 170 years.
  • Amscot Stockbroking has a reasonable sized customer support of at least 10.
  • Amscot Stockbroking are regulated by the Ministry of Economic Affairs and Communications (Estonia). Amscot Stockbroking is subject to strict regulatory oversight from its respective jurisdiction, which holds Amscot Stockbroking (the broker) accountable for misconduct. This regulatory framework helps ensure that Amscot Stockbroking operates fairly and transparently and provides Amscot Stockbroking customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Amscot Stockbroking.
  • Amscot Stockbroking have regulation from reputable regulators.
  • One of the advantages of using Amscot Stockbroking is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Amscot Stockbroking are particularly important as Amscot Stockbroking traders want to receive their money quickly. With the efficient Amscot Stockbroking payment processing system, traders can enjoy faster access to their Amscot Stockbroking funds.
  • Amscot Stockbroking have an international presence in multiple countries. Including local Amscot Stockbroking seminars and training.
  • Amscot Stockbroking can hire people from various locations in the world who can better communicate in your local language.

Amscot Stockbroking Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

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.

After extensive research over several years, we have compiled a list of the most effective Amscot Stockbroking alternatives available today. If you are unsatisfied with Amscot Stockbroking or want to explore other options, we recommend checking out our carefully curated list of highly-rated Amscot Stockbroking alternatives. Follow the links below to learn more about these Amscot Stockbroking broker alternatives and choose the one that best suits your trading needs.

Related Amscot Stockbroking Vs Comparisons

Throughout our comprehensive Amscot Stockbroking review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Amscot Stockbroking against other popular brokers in the industry, check out our Amscot Stockbroking Vs pages. Our team has compiled a series of detailed Amscot Stockbroking comparison articles, pitting the Amscot Stockbroking platform against some of the best-rated Amscot Stockbroking competitors in the market. Dive into our informative Amscot Stockbroking Vs pages below to find out how Amscot Stockbroking stacks up against other leading brokers.

Amscot Stockbroking review
AMSCOT STOCKBROKING Frequently Asked Questions

Read our detailed Amscot Stockbroking FAQ Section updated for 2023.

Can I try Amscot Stockbroking?

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 depends on the Amscot Stockbroking Entity and the client's Country of Residence.

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

Your capital is at risk

Is Amscot Stockbroking safe?

Amscot Stockbroking have over 10,000 users. Amscot Stockbroking are considered reliable 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 bank's financial health and strength.Trading with Amscot Stockbroking is risky, and because the market is so volatile, losses could happen at any time.

Your capital is at risk

Is Amscot Stockbroking trading good?

Amscot Stockbroking is considered good and reputable to trade with Amscot Stockbroking. Amscot Stockbroking is used by over 10,000 traders and Amscot Stockbroking users. Amscot Stockbroking offers Forex trading, CFD trading, Spread Betting trading, Social 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 170 years. Amscot Stockbroking offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to Amscot Stockbroking are held in segregated 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 allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Amscot Stockbroking is overseen by the top tier financial regulators Ministry of Economic Affairs and Communications (Estonia) so can be considered a good broker.

Is Amscot Stockbroking trustworthy broker?

Amscot Stockbroking is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Amscot Stockbroking, money is in a segregated bank account that is separate from Amscot Stockbroking company's funds. As a regulated broker, Amscot Stockbroking cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Amscot Stockbroking. Instead, your Amscot Stockbroking funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Amscot Stockbroking. Also Amscot Stockbroking is regulated in its local jurisdictions including major financial regulators like 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 depending on the method but averages 1-5 days.

Is Amscot Stockbroking regulated?

Amscot Stockbroking is regulated by the Ministry of Economic Affairs and Communications (Estonia). Regulatory bodies conduct regular reviews and audits as part of Amscot Stockbroking maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Amscot Stockbroking a market maker?

Amscot Stockbroking is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller 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. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Amscot Stockbroking trading platforms, you can follow the link provided below: Learn more about signing up with the Amscot Stockbroking trading platform here. This will provide useful information and insights into the various trading platforms offered by Amscot Stockbroking, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Amscot Stockbroking?

Yes your money is safe with Amscot Stockbroking.

Overall, strict financial regulation is essential for ensuring that trading platforms like Amscot Stockbroking operate fairly, transparently, and responsibly, which ultimately benefits all Amscot Stockbroking stakeholders involved.

Trading platforms like Amscot Stockbroking must have strict financial regulation for several reasons:

  • Protecting Amscot Stockbroking Investors: Strict financial regulation ensures that investors who use the Amscot Stockbroking trading platform are protected against fraudulent or unethical behavior by the Amscot Stockbroking platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Amscot Stockbroking platform.
  • Maintaining Amscot Stockbroking Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Amscot Stockbroking trading platform. Regulatory procedures reduce the likelihood of the Amscot Stockbroking platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Amscot Stockbroking Transparency: Regulations require trading platforms like Amscot Stockbroking to maintain detailed records and disclose Amscot Stockbroking client information. Financial regulatory requirements enhances transparency and helps to build trust between the Amscot Stockbroking platform and its investors.

Amscot Stockbroking is regulated by the Ministry of Economic Affairs and Communications (Estonia). When selecting a broker such as Amscot Stockbroking, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Amscot Stockbroking ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Amscot Stockbroking.

Is Amscot Stockbroking a con?

Amscot Stockbroking is regulated and well established, having been in business for over 170 years. Amscot Stockbroking is 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 vary on payment method.Amscot Stockbroking does charge a fee for inactive accounts. Amscot Stockbroking do 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 10,000 registered Amscot Stockbroking users.

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, 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 guaranteed 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 Amscot Stockbroking users and 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?

Please note that funding methods and options available with Amscot Stockbroking can be found in the Amscot Stockbroking Members area and depend on the Amscot Stockbroking clientโ€™s country of residence. Please check your specific available payment methods on the Amscot Stockbroking website. Amscot Stockbroking accept the following funding methods : Bank Transfer.

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 editors, 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 of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, 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