How Amscot Stockbroking and Eightcap Compare in 2024
Amscot Stockbroking or Eightcap who is better?
Compare AMSCOT STOCKBROKING Versus EIGHTCAP and IC Markets broker accounts.
Compare Amscot Stockbroking Vs Eightcap Side by Side
So you are looking for a broker, Amscot Stockbroking or Eightcap who should you choose?
When trading on financial markets you will want to know all about who Amscot Stockbroking or Eightcap are, and how they compare. You will naturally want to know how long Amscot Stockbroking and Eightcap have been in business and what reputation Amscot Stockbroking and Eightcap have. On top of this, you will need to discover if Amscot Stockbroking and Eightcap match your trading needs.
Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how Amscot Stockbroking and Eightcap compare.
Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.
Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of Amscot Stockbroking and Eightcap side by side.
If you're itching to start trading, we can assist you in making a well-informed decision when comparing Amscot Stockbroking and Eightcap. By comprehensively comparing Amscot Stockbroking and Eightcap features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with Amscot Stockbroking, Eightcap or an alternative broker.
Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on Amscot Stockbroking and Eightcap. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.
Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the Amscot Stockbroking platform or Eightcap that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.
The Amscot Stockbroking online trading platform gives traders from all over the world access to over 35
financial instruments including over 100 available instruments. There are over 10,000+ registered customers that have taken advantage
of the Amscot Stockbroking platform.
Amscot Stockbroking are regulated by Ministry of Economic Affairs and Communications (Estonia).
Eightcap is a renowned Australia financial trading brokerage
established in 2015.
Eightcap serves customers globally and are regulated by Australian Securities and Investments Commission (ASIC).
Depending on the country you are trading from Amscot Stockbroking may serve you from a
different business entity to comply with its financial regulators.
Eightcap is not listed on any stock market, does not disclose its yearly report on its website.
This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. Amscot Stockbroking is listed as a publically traded company so are a reputable broker.
Benefits of Amscot Stockbroking and Eightcap Compared
Below, we will give you a summary of the benefits Amscot Stockbroking and Eightcap offer side by side.
Amscot Stockbroking offers a minimum deposit of 500 while Eightcap have a 100 minimum deposit.
Why smaller trading deposits are good and how Amscot Stockbroking and Eightcap compare
One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either Amscot Stockbroking or Eightcap. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Amscot Stockbroking requires a minimum deposit of 500, whereas Eightcap mandates a minimum deposit of 100.
One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds.
It's advisable not to be deterred by a broker's higher minimum deposit, whether it's Amscot Stockbroking or Eightcap, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.
Amscot Stockbroking allows traders to trade up to 35 financial instruments while Eightcap have around 100 on their trading platform.
The more instruments available on Amscot Stockbroking and Eightcap trading platforms the more potential financial instruments you can buy or sell for your portfolio.
It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities
and you seriously do not want to miss out on a trading opportunity due to the limitations of Amscot Stockbroking or Eightcap.
The Amscot Stockbroking trading platform has 0 stocks listed
while Eightcap has 0 stocks listed.
Amscot Stockbroking allows retail traders to trade the following assets Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing on the Amscot Stockbroking IRESSTrader,IRESSInvestor,netIRESS,XPLAN trading platforms.
Alternatively Eightcap allows retail traders to trade Forex, CFDs on the Eightcap MT4, Tablet & Mobile apps trading platforms.
Compare Amscot Stockbroking and Eightcap in more detail below.
Drawbacks of Amscot Stockbroking and Eightcap Compared
Below we compare what drawbacks Amscot Stockbroking and Eightcap have side by side.
Various potential downsides can be associated with certain brokers, including Amscot Stockbroking and Eightcap. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by Amscot Stockbroking compared to Eightcap. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of Amscot Stockbroking versus Eightcap.
Amscot Stockbroking Vs Eightcap Available Financial Markets
The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with Amscot Stockbroking or Eightcap. A diversified portfolio with Amscot Stockbroking or Eightcap can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.
Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like Amscot Stockbroking or Eightcap, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Amscot Stockbroking and Eightcap.
Amscot Stockbroking Vs Eightcap Cryptocurrency Trading
Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Amscot Stockbroking and Eightcap, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both Amscot Stockbroking and Eightcap offer some form of cryptocurrency trading.
Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.
Investing in cryptocurrencies with Amscot Stockbroking or Eightcap is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with Amscot Stockbroking or Eightcap could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on Amscot Stockbroking, Eightcap, and all brokers are subject to regulation.
We compare Amscot Stockbroking vs Eightcap Crypto options below side by side.
Allows Cryptocurrency Trading (availability subject to regulation)
BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC
Amscot Stockbroking Vs Eightcap Commission and Fees
knowing your trading and commission fees with Amscot Stockbroking vs Eightcap is extremely important.
For the majority of the Amscot Stockbroking 35 financial instruments
and Eightcap 100 available financial
The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with Amscot Stockbroking and Eightcap. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with Amscot Stockbroking and Eightcap before you invest because you must know what you are paying.
You ideally want to choose a broker like Amscot Stockbroking or Eightcap that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with Amscot Stockbroking or Eightcap. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.
Your location or residence will have an impact on your potential Amscot Stockbroking and Eightcap fees, of course. Make sure you do your research and check the commission and fees with both Amscot Stockbroking and Eightcap before you invest anything.
Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period.
Also, with Amscot Stockbroking or Eightcap be aware of or 3rd party payment provider fees and currency conversion fees.
Amscot Stockbroking does charge inactivity fees, while Eightcap does not charge inactivity fees.
Numerous notifications are usually sent to you as a reminder of dormant Amscot Stockbroking and Eightcap accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your Amscot Stockbroking or Eightcap account, or choose to close it.
Usually, the associated fees for dormant Amscot Stockbroking or Eightcap accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live Amscot Stockbroking or Eightcap trading account activity to avoid any unnecessary fees or charges.
When you deposit money to a broker like Amscot Stockbroking or Eightcap you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay Amscot Stockbroking or Eightcap nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.
Let's see how Amscot Stockbroking vs Eightcap compare side by side for commissions and fees.
We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the Amscot Stockbroking and Eightcap platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.
Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an Amscot Stockbroking or Eightcap demo account.
Trading on your mobile with Amscot Stockbroking and Eightcap can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and Amscot Stockbroking and Eightcap mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Amscot Stockbroking or Eightcap. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with Amscot Stockbroking or Eightcap can help limit your risk and trade on the move.
If you own an iPhone, having an IOS Apple mobile trading app with Amscot Stockbroking or Eightcap is essential.
Likewise, if you have an android phone, it's crucial to verify if Amscot Stockbroking or Eightcap broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if Amscot Stockbroking and Eightcap have trading apps compatible with your device.
Amscot Stockbroking Vs Eightcap Trading Account Types Offered
Amscot Stockbroking Vs Eightcap Demo Account
A demo account with Amscot Stockbroking or Eightcap is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an Amscot Stockbroking and Eightcap demo account.
Amscot Stockbroking Vs Eightcap Micro Account
Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.
If you need a micro account check if Amscot Stockbroking or Eightcap offer micro trading accounts in your region.
Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.
Amscot Stockbroking and Eightcap do not offer Micro accounts.
Amscot Stockbroking Vs Eightcap Standard Account
A standard account is available on Amscot Stockbroking and Eightcap to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.
Amscot Stockbroking does not offer clients Standard accounts, while Eightcap does offer clients Standard accounts.
Amscot Stockbroking Vs Eightcap MAM Account
A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with Amscot Stockbroking or Eightcap or alternative.
Amscot Stockbroking does not offer clients MAM accounts, while Eightcap does offer clients MAM accounts.
Amscot Stockbroking Vs Eightcap ECN Account
The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.
ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.
If you need a ECN account check they are available with Amscot Stockbroking or Eightcap or alternative.
Amscot Stockbroking does not offer clients ECN accounts, while Eightcap does offer clients ECN accounts.
Amscot Stockbroking Vs Eightcap Islamic Account
An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.
If you need a Islamic account check they are available with Amscot Stockbroking or Eightcap or alternative.
Amscot Stockbroking does not offer clients Islamic accounts, while Eightcap does not offer clients Islamic accounts.
Amscot Stockbroking Vs Eightcap STP Account
Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.
If you need a STP account check they are available with Amscot Stockbroking or Eightcap or alternative.
Amscot Stockbroking does not offer clients STP accounts, while Eightcap does offer clients STP accounts.
Amscot Stockbroking Vs Eightcap Managed Account
A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.
While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.
Amscot Stockbroking and Eightcap do not offer clients Managed accounts.
Amscot Stockbroking Vs Eightcap Withdrawal and Funding Methods
Amscot Stockbroking and Eightcap have multiple deposit and withdrawal options. Funding and withdrawing from your Amscot Stockbroking and Eightcap accounts to your chosen payment method should be straightforward. Lets see how Amscot Stockbroking and Eightcap compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from Amscot Stockbroking or Eightcap.
Credit cards, Debit cards, Bank Transfer, POLi, UnionPay, Payoneer,
Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),
Amscot Stockbroking Vs Eightcap Customer Support Compared
Customer support is essential when trading. Even professional traders will eventually need the help of Amscot Stockbroking or Eightcap support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the Amscot Stockbroking and Eightcap support is always available when needed. Amscot Stockbroking and Eightcap customer support is not just useful. broker customer support is crucial to your trading success!
Amscot Stockbroking Vs Eightcap Live Chat
Live chat is important for several reasons. When you encounter a problem with Amscot Stockbroking or Eightcap trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.
Amscot Stockbroking do not offer livechat support. On the other hand
Eightcap do offer livechat support.
Amscot Stockbroking Vs Eightcap Email Support
When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Amscot Stockbroking or Eightcap you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the Amscot Stockbroking or Eightcap support team to answer satisfactorily. Email support with Amscot Stockbroking and Eightcap will be needed.
Both Amscot Stockbroking and Eightcap offer email support.
Amscot Stockbroking Vs Eightcap Phone Support
Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either Amscot Stockbroking or Eightcap. We can get straight to the point, saving us time and frustration.
Both Amscot Stockbroking and Eightcap offer phone support.
Lets see how Amscot Stockbroking and Eightcap customer support compare side by side.
Amscot Stockbroking Vs Eightcap Regulation and Licensing
Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether Amscot Stockbroking and Eightcap are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that Amscot Stockbroking or Eightcap have these in place, please be extremely cautious before you proceed with them.
We compare Amscot Stockbroking Vs Eightcap financial regulation and licensing side by side below.
Amscot Stockbroking Vs Eightcap Risk Management Features
When trading with either Amscot Stockbroking or Eightcap you will want to understand and make full use of all the
risk management features on your Amscot Stockbroking or Eightcap trading platforms.
We compare side by side the trading risk management features offered by Amscot Stockbroking and Eightcap below.
Amscot Stockbroking Vs Eightcap Hedging
What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on
the outcome of one event, as holding all your assets in one place could be risky.
Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification.
Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.
Amscot Stockbroking does not offer clients hedging, while Eightcap does not offer clients hedging.
Amscot Stockbroking Vs Eightcap Stop Loss
Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair.
In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage.
Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.
Both Amscot Stockbroking and Eightcap do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on Amscot Stockbroking or Eightcap. You must still monitor any live trades and your financial exposure and financial risk.
Amscot Stockbroking Vs Eightcap Limit Orders
Every broker should allow users to place a limit order.
Limit orders are when you have the order to buy a financial instrument at a specific price.
Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price!
It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.
Both Amscot Stockbroking and Eightcap do offer clients limit orders.
Amscot Stockbroking Vs Eightcap Negative Balance Protection
Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.
Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade.
Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.
Both Amscot Stockbroking and Eightcap do offer clients negative balance protection.
We hope this Amscot Stockbroking Vs Eightcap guide has helped you decide who is best to trade with out of Amscot Stockbroking and Eightcap.
When choosing a broker like Amscot Stockbroking or Eightcap for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Amscot Stockbroking or Eightcap are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as Amscot Stockbroking or Eightcap, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with Amscot Stockbroking or Eightcap.
Also, before you sign up with online brokers like Amscot Stockbroking or Eightcap, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with Amscot Stockbroking or Eightcap before investing money into something.
Beware of the risks that come with trading with Amscot Stockbroking or Eightcap. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Amscot Stockbroking and Eightcap educational resources and financial research tools. If you are new to trading, sign up for a demo account with Amscot Stockbroking and Eightcap to find which suits you and your trading style.
Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using Amscot Stockbroking or Eightcap will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if Amscot Stockbroking and Eightcap fees match your trading requirements.
Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with Amscot Stockbroking or Eightcap if your investment strategy is more long-term.
Amscot Stockbroking and Eightcap Alternatives
If Amscot Stockbroking and Eightcap are not what you are not quite what you are looking for we list some of the best Amscot Stockbroking and Eightcap alternatives below.
Other Amscot Stockbroking and Eightcap Vs Comparisons
If you are still looking for an alternative to Amscot Stockbroking and Eightcap and want to see how Amscot Stockbroking or Eightcap compares Vs other brokers check out the Amscot Stockbroking Vs and Eightcap Vs list below.
Amscot Stockbroking Vs Alternatives
Still not happy have a look at some of our alternative Amscot Stockbroking Vs side by side comparisons below
Amscot Stockbroking Vs Eightcap Frequently Asked Questions
We answer some of the most frequently asked Amscot Stockbroking Vs Eightcap questions below.
Is Amscot Stockbroking any Good?
Knowing that a broker is legit is the first thing you should check before signing up with a broker.
Is Amscot Stockbroking legit? - Amscot Stockbroking are regulated by Ministry of Economic Affairs and Communications (Estonia)
and have been in business since 1853
Is Eightcap any Good?
Eightcap are regulated by Australian Securities and Investments Commission (ASIC) and have been in business since 2015.
Which is better Amscot Stockbroking or Eightcap?
Amscot Stockbroking and Eightcap do not have a high rating, so we recommend trading with a more reputable alternative broker.
Is Amscot Stockbroking a con?
Amscot Stockbroking is regulated by Ministry of Economic Affairs and Communications (Estonia) and have been in business since 1853.
We recommend looking at a Amscot Stockbroking alternative that has more financial regulation.
Is Eightcap a con?
Eightcap is regulated by Australian Securities and Investments Commission (ASIC) and have been in business since 2015.
We recommend looking at a Eightcap alternative that has more financial regulation.
What happens if Amscot Stockbroking or Eightcap go bust?
Amscot Stockbroking and Eightcap are regulated, which means that as part of their regulatory obligations Amscot Stockbroking and Eightcap have to offer a certain level of financial protection to their clients. Amscot Stockbroking and Eightcap should by law keep client funds separate from Amscot Stockbroking and Eightcap funds. If either Amscot Stockbroking or Eightcap goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the Amscot Stockbroking and Eightcap websites and regulators.
Are Amscot Stockbroking or Eightcap good for beginners?
Amscot Stockbroking and Eightcap offer low deposits and access to a selection of market insights and news resources. Both Amscot Stockbroking and Eightcap offer demo accounts. Demo trading accounts are a big plus for Amscot Stockbroking and Eightcap as it shows they are interested in their customers.