B

Daw Trading

6.7/10

Ingot Brokers

5.6/10
7/10RegulationTied7/10
8/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Daw Trading was founded in 1988 and is headquartered in USA, while Ingot Brokers was established in 2004 and is based in Australia. Daw Trading holds licences including Financial Conduct Authority (FCA), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. Daw Trading serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $100 at Daw Trading and $1000 at Ingot Brokers.

Daw Trading wins this category
FeatureDaw TradingIngot Brokers
Min. Deposit$100$1000
RegulationFinancial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)
Founded19882004
CountryUSAAustralia
Clients10,000+10,000+

Fees

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

Daw Trading wins this category
FeatureDaw TradingIngot Brokers
Min. Deposit$100$1000
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Daw Trading 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.

Ingot Brokers wins this category
FeatureDaw TradingIngot Brokers
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, Tablet & Mobile apps

Education & Research

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

Daw Trading wins this category
FeatureDaw TradingIngot 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. Daw Trading 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
FeatureDaw TradingIngot 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 Daw Trading 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
FeatureDaw TradingIngot Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese