Bulbrokers
Ingot Brokers
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while Ingot Brokers was established in 2004 and is based in Australia. Bulbrokers holds licences including Financial Services Authority (FSA), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. Bulbrokers serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $100 at Bulbrokers and $1000 at Ingot Brokers.
| Feature | Bulbrokers | Ingot Brokers |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Regulation | Financial Services Authority (FSA) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2000 | 2004 |
| Country | Bulgaria | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and Ingot Brokers, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Bulbrokers scores higher on fees in our assessment.
| Feature | Bulbrokers | Ingot Brokers |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Bulbrokers offers MT5, cTrader, while Ingot Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ingot Brokers edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | 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 | MT4, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and Ingot Brokers compare. Ingot Brokers has a video library; Bulbrokers does not. Ingot Brokers integrates third-party research tools (Autochartist); Bulbrokers does not. Ingot Brokers scores higher overall in education and research.
| Feature | Bulbrokers | Ingot Brokers |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers 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 | Bulbrokers | 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 Bulbrokers 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 | Bulbrokers | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |