forextime
Ingot Brokers
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Overview
forextime was founded in 2011 and is headquartered in Lebanon, while Ingot Brokers was established in 2004 and is based in Australia. forextime holds licences including Financial Conduct Authority (FCA), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. forextime serves 200,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $250 at forextime and $1000 at Ingot Brokers.
| Feature | forextime | Ingot Brokers |
|---|---|---|
| Min. Deposit | $250 | $1000 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F230 | Australian Securities and Investment Commission (ASIC) |
| Founded | 2011 | 2004 |
| Country | Lebanon | Australia |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between forextime 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 $250 at forextime). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; forextime does not. forextime charges deposit fees; Ingot Brokers does not. The two brokers are broadly comparable on fee structure.
| Feature | forextime | Ingot Brokers |
|---|---|---|
| Min. Deposit | $250 | $1000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
forextime 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 | forextime | 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how forextime and Ingot Brokers compare. forextime runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. forextime publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. forextime maintains an archive of past webinars for on-demand viewing. forextime scores higher overall in education and research.
| Feature | forextime | 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. forextime accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Ingot Brokers supports 2 (bank transfer, credit/debit card). forextime uniquely supports PayPal and Skrill and Neteller among the two brokers. forextime scores higher on deposit and withdrawal flexibility.
| Feature | forextime | Ingot Brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 forextime and Ingot Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. forextime supports 8 languages and Ingot Brokers supports 2, giving forextime broader global reach. Both brokers are comparable on support quality.
| Feature | forextime | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |