Forex Club
Ingot Brokers
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Overview
Forex Club was founded in 2008 and is headquartered in Russia, while Ingot Brokers was established in 2004 and is based in Australia. Forex Club holds licences including Cyprus Securities and Exchange Commission (CySEC), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. Forex Club serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $100 at Forex Club and $1000 at Ingot Brokers.
| Feature | Forex Club | Ingot Brokers |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2008 | 2004 |
| Country | Russia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex Club and Ingot Brokers, directly affecting your bottom line as a trader. Forex Club has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Forex Club does not. Overall, Forex Club scores higher on fees in our assessment.
| Feature | Forex Club | Ingot Brokers |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Forex Club offers MT4, MT5, cTrader, while Ingot Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Club supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Forex Club | 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,WEB,desktop | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Forex Club and Ingot Brokers compare. Forex Club runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Forex Club publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Forex Club maintains an archive of past webinars for on-demand viewing. Forex Club scores higher overall in education and research.
| Feature | Forex Club | 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. Forex Club 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 | Forex Club | 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 Forex Club 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 | Forex Club | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |