B

EverFX

5/10

Ingot Brokers

5.6/10
3/10RegulationWinner7/10
0/10FeesTied0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

EverFX was founded in 2008 and is headquartered in Cayman Islands, while Ingot Brokers was established in 2004 and is based in Australia. EverFX holds licences including Cayman Islands Monetary Authority (CIMA), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. EverFX serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $10000 at EverFX and $1000 at Ingot Brokers.

Ingot Brokers wins this category
FeatureEverFXIngot Brokers
Min. Deposit$10000$1000
RegulationCayman Islands Monetary Authority (CIMA)Australian Securities and Investment Commission (ASIC)
Founded20082004
CountryCayman IslandsAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between EverFX 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 $10000 at EverFX). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; EverFX does not. EverFX charges deposit fees; Ingot Brokers does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureEverFXIngot Brokers
Min. Deposit$10000$1000
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

EverFX offers MT4, MT5, cTrader, while Ingot Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. EverFX supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureEverFXIngot Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,iOS,MacBook,iPhoneMT4, Tablet & Mobile apps

Education & Research

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

EverFX wins this category
FeatureEverFXIngot 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. EverFX 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
FeatureEverFXIngot 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 EverFX 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
FeatureEverFXIngot Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese