B

Bittrex

6.4/10

Ingot Brokers

5.6/10
3/10RegulationWinner7/10
6/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bittrex was founded in 2010 and is headquartered in South Korea, while Ingot Brokers was established in 2004 and is based in Australia. Bittrex holds licences including Securities and Exchange Commission (SEC), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. Bittrex serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $100 at Bittrex and $1000 at Ingot Brokers.

Bittrex wins this category
FeatureBittrexIngot Brokers
Min. Deposit$100$1000
RegulationSecurities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Australian Securities and Investment Commission (ASIC)
Founded20102004
CountrySouth KoreaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bittrex and Ingot Brokers, directly affecting your bottom line as a trader. Bittrex has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Bittrex does not. Bittrex charges deposit fees; Ingot Brokers does not. Overall, Bittrex scores higher on fees in our assessment.

Bittrex wins this category
FeatureBittrexIngot Brokers
Min. Deposit$100$1000
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

Bittrex offers MT4, MT5, cTrader, while Ingot Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureBittrexIngot Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4, cTrader PlatformMT4, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bittrex and Ingot Brokers compare. Bittrex runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Bittrex publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Bittrex maintains an archive of past webinars for on-demand viewing. Bittrex scores higher overall in education and research.

Bittrex wins this category
FeatureBittrexIngot Brokers
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bittrex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Ingot Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBittrexIngot Brokers
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bittrex and Ingot Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureBittrexIngot Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese