Blitzbrokers
Ingot Brokers
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Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while Ingot Brokers was established in 2004 and is based in Australia. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. Blitzbrokers serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $1 at Blitzbrokers and $1000 at Ingot Brokers.
| Feature | Blitzbrokers | Ingot Brokers |
|---|---|---|
| Min. Deposit | $1 | $1000 |
| Regulation | Securities and Futures Commission (SFC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 1982 | 2004 |
| Country | Hong Kong | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and Ingot Brokers, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Blitzbrokers does not. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Blitzbrokers | Ingot Brokers |
|---|---|---|
| Min. Deposit | $1 | $1000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Blitzbrokers offers MT5, cTrader, while Ingot Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which Ingot Brokers does not offer. Ingot Brokers edges ahead on platform breadth and functionality in our scoring.
| Feature | Blitzbrokers | Ingot Brokers |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and Ingot Brokers compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Blitzbrokers | Ingot Brokers |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blitzbrokers 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.
| Feature | Blitzbrokers | Ingot Brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blitzbrokers 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.
| Feature | Blitzbrokers | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |