ETFinance
Ingot Brokers
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Overview
ETFinance was founded in 2018 and is headquartered in Cyprus, while Ingot Brokers was established in 2004 and is based in Australia. ETFinance holds licences including Cyprus Securities and Exchange Commission (CySEC), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. ETFinance serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $215 at ETFinance and $1000 at Ingot Brokers.
| Feature | ETFinance | Ingot Brokers |
|---|---|---|
| Min. Deposit | $215 | $1000 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2018 | 2004 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ETFinance 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 $215 at ETFinance). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; ETFinance does not. ETFinance charges deposit fees; Ingot Brokers does not. The two brokers are broadly comparable on fee structure.
| Feature | ETFinance | Ingot Brokers |
|---|---|---|
| Min. Deposit | $215 | $1000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
ETFinance 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.
| Feature | ETFinance | Ingot Brokers |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ETFinance and Ingot Brokers compare. ETFinance runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. ETFinance publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. ETFinance maintains an archive of past webinars for on-demand viewing. ETFinance scores higher overall in education and research.
| Feature | ETFinance | Ingot Brokers |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETFinance 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 | ETFinance | 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 ETFinance 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 | ETFinance | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |