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Forex EE logo

Forex EE

6.4/10

Ingot Brokers

5.6/10
6/10RegulationWinner7/10
6/10WinnerFees0/10
7/10PlatformsWinner9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Forex EE was founded in 2008 and is headquartered in Grenadines, while Ingot Brokers was established in 2004 and is based in Australia. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. Forex EE serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $100 at Forex EE and $1000 at Ingot Brokers.

Forex EE wins this category
FeatureForex EEIngot Brokers
Min. Deposit$100$1000
RegulationMinistry of Economic Affairs in EstoniaAustralian Securities and Investment Commission (ASIC)
Founded20082004
CountryGrenadinesAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Forex EE and Ingot Brokers, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). Forex EE charges withdrawal fees while Ingot Brokers does not, a notable advantage for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; Forex EE does not. Overall, Forex EE scores higher on fees in our assessment.

Forex EE wins this category
FeatureForex EEIngot Brokers
Min. Deposit$100$1000
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Forex EE offers MT5, cTrader, while Ingot Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ingot Brokers edges ahead on platform breadth and functionality in our scoring.

Ingot Brokers wins this category
FeatureForex EEIngot Brokers
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, Tablet & Mobile apps

Education & Research

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

Tied
FeatureForex EEIngot 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. Forex EE 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
FeatureForex EEIngot 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 Forex EE 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
FeatureForex EEIngot Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese