B

Degiro

7.4/10

Ingot Brokers

5.6/10
9/10WinnerRegulation7/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Degiro was founded in 1934 and is headquartered in Netherlands, while Ingot Brokers was established in 2004 and is based in Australia. Degiro holds licences including Financial Conduct Authority (FCA), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. Degiro serves 600,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $0 at Degiro and $1000 at Ingot Brokers.

Degiro wins this category
FeatureDegiroIngot Brokers
Min. Deposit$0$1000
RegulationFinancial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)Australian Securities and Investment Commission (ASIC)
Founded19342004
CountryNetherlandsAustralia
Clients600,000+10,000+

Fees

Fees are a critical factor when choosing between Degiro and Ingot Brokers, directly affecting your bottom line as a trader. Degiro has a lower barrier to entry with a minimum deposit of $0 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Degiro does not. Overall, Degiro scores higher on fees in our assessment.

Degiro wins this category
FeatureDegiroIngot Brokers
Min. Deposit$0$1000
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesYesYes

Platforms

Degiro 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
FeatureDegiroIngot Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Degiro and Ingot Brokers compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureDegiroIngot Brokers
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

Deposits & Withdrawals

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