B

eOption

4.7/10

Ingot Brokers

5.6/10
3/10RegulationWinner7/10
0/10FeesTied0/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

eOption was founded in 2008 and is headquartered in USA, while Ingot Brokers was established in 2004 and is based in Australia. eOption holds licences including Unregulated, while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. eOption serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $500 at eOption and $1000 at Ingot Brokers.

Ingot Brokers wins this category
FeatureeOptionIngot Brokers
Min. Deposit$500$1000
RegulationUnregulatedAustralian Securities and Investment Commission (ASIC)
Founded20082004
CountryUSAAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between eOption and Ingot Brokers, directly affecting your bottom line as a trader. Ingot Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $500 at eOption). eOption charges withdrawal fees while Ingot Brokers does not, a notable advantage for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; eOption does not. eOption charges deposit fees; Ingot Brokers does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureeOptionIngot Brokers
Min. Deposit$500$1000
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

eOption 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
FeatureeOptionIngot Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web)MT4, Tablet & Mobile apps

Education & Research

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

Tied
FeatureeOptionIngot 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. eOption 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
FeatureeOptionIngot 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 eOption 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
FeatureeOptionIngot Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese