EagleFX
Ingot Brokers
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Overview
EagleFX was founded in 2019 and is headquartered in Dominica, while Ingot Brokers was established in 2004 and is based in Australia. EagleFX holds licences including Unregulated, while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. EagleFX serves 5,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $10 at EagleFX and $1000 at Ingot Brokers.
| Feature | EagleFX | Ingot Brokers |
|---|---|---|
| Min. Deposit | $10 | $1000 |
| Regulation | Unregulated | Australian Securities and Investment Commission (ASIC) |
| Founded | 2019 | 2004 |
| Country | Dominica | Australia |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EagleFX and Ingot Brokers, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $1000 at Ingot Brokers). EagleFX charges withdrawal fees while Ingot Brokers does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, EagleFX scores higher on fees in our assessment.
| Feature | EagleFX | Ingot Brokers |
|---|---|---|
| Min. Deposit | $10 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
EagleFX offers MT4, MT5, cTrader, a proprietary platform, while Ingot Brokers supports MT4, MT5, cTrader. EagleFX 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 | EagleFX | Ingot Brokers |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | No | 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 EagleFX and Ingot Brokers compare. Ingot Brokers has a video library; EagleFX does not. Ingot Brokers integrates third-party research tools (Autochartist); EagleFX does not. Ingot Brokers scores higher overall in education and research.
| Feature | EagleFX | 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. EagleFX 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 | EagleFX | 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 EagleFX 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 | EagleFX | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |