ForexMart
Ingot Brokers
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Overview
ForexMart was founded in 2015 and is headquartered in Cyprus, while Ingot Brokers was established in 2004 and is based in Australia. ForexMart holds licences including Cyprus Securities and Exchange Commission (CySEC), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. ForexMart serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $1 at ForexMart and $1000 at Ingot Brokers.
| Feature | ForexMart | Ingot Brokers |
|---|---|---|
| Min. Deposit | $1 | $1000 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2015 | 2004 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ForexMart and Ingot Brokers, directly affecting your bottom line as a trader. ForexMart has a lower barrier to entry with a minimum deposit of $1 (vs $1000 at Ingot Brokers). ForexMart charges withdrawal fees while Ingot Brokers does not, a notable advantage for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; ForexMart does not. ForexMart charges deposit fees; Ingot Brokers does not. Overall, ForexMart scores higher on fees in our assessment.
| Feature | ForexMart | Ingot Brokers |
|---|---|---|
| Min. Deposit | $1 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
ForexMart offers MT4, MT5, cTrader, while Ingot Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexMart supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | ForexMart | 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 ForexMart and Ingot Brokers compare. ForexMart runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. ForexMart publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. ForexMart maintains an archive of past webinars for on-demand viewing. ForexMart scores higher overall in education and research.
| Feature | ForexMart | 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. ForexMart accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Ingot Brokers supports 2 (bank transfer, credit/debit card). ForexMart uniquely supports Skrill and Neteller among the two brokers. ForexMart scores higher on deposit and withdrawal flexibility.
| Feature | ForexMart | Ingot Brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ForexMart and Ingot Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. ForexMart supports 15 languages and Ingot Brokers supports 2, giving ForexMart broader global reach. Both brokers are comparable on support quality.
| Feature | ForexMart | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, and Chinese |