B

C 7 Traders

5.9/10

Ingot Brokers

5.6/10
3/10RegulationWinner7/10
8/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

C 7 Traders was founded in 2014 and is headquartered in Vanuatu, while Ingot Brokers was established in 2004 and is based in Australia. C 7 Traders holds licences including Unregulated, while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. C 7 Traders serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $100 at C 7 Traders and $1000 at Ingot Brokers.

C 7 Traders wins this category
FeatureC 7 TradersIngot Brokers
Min. Deposit$100$1000
RegulationUnregulatedAustralian Securities and Investment Commission (ASIC)
Founded20142004
CountryVanuatuAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between C 7 Traders and Ingot Brokers, directly affecting your bottom line as a trader. C 7 Traders 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; C 7 Traders does not. Overall, C 7 Traders scores higher on fees in our assessment.

C 7 Traders wins this category
FeatureC 7 TradersIngot Brokers
Min. Deposit$100$1000
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

C 7 Traders offers MT5, cTrader, while Ingot Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. C 7 Traders supports social and copy trading features, which Ingot Brokers does not offer. Ingot Brokers edges ahead on platform breadth and functionality in our scoring.

Ingot Brokers wins this category
FeatureC 7 TradersIngot Brokers
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how C 7 Traders and Ingot Brokers compare. C 7 Traders runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. C 7 Traders publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. C 7 Traders maintains an archive of past webinars for on-demand viewing. C 7 Traders scores higher overall in education and research.

C 7 Traders wins this category
FeatureC 7 TradersIngot Brokers
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. C 7 Traders 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
FeatureC 7 TradersIngot 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 C 7 Traders 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
FeatureC 7 TradersIngot Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese