Evolution Brokers
Ingot Brokers
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Overview
Evolution Brokers was founded in 2008 and is headquartered in Belize, while Ingot Brokers was established in 2004 and is based in Australia. Evolution Brokers holds licences including Cyprus Securities and Exchange Commission (CySEC), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. Evolution Brokers serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $300 at Evolution Brokers and $1000 at Ingot Brokers.
| Feature | Evolution Brokers | Ingot Brokers |
|---|---|---|
| Min. Deposit | $300 | $1000 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2008 | 2004 |
| Country | Belize | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Evolution Brokers 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 $300 at Evolution Brokers). Evolution Brokers 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. The two brokers are broadly comparable on fee structure.
| Feature | Evolution Brokers | Ingot Brokers |
|---|---|---|
| Min. Deposit | $300 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Evolution Brokers 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 | Evolution Brokers | 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 | WEB,Desktop,iPhone,Mac | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Evolution Brokers and Ingot Brokers compare. Evolution Brokers runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Evolution Brokers publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Evolution Brokers maintains an archive of past webinars for on-demand viewing. Evolution Brokers scores higher overall in education and research.
| Feature | Evolution Brokers | 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. Evolution Brokers 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 | Evolution Brokers | 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 Evolution Brokers 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 | Evolution Brokers | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |