B

fx central clearing

7.7/10

Ingot Brokers

5.6/10
10/10WinnerRegulation7/10
0/10FeesTied0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

fx central clearing was founded in 2015 and is headquartered in Portugal, while Ingot Brokers was established in 2004 and is based in Australia. fx central clearing holds licences including Financial Conduct Authority (FCA), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. fx central clearing serves 30,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $250 at fx central clearing and $1000 at Ingot Brokers.

fx central clearing wins this category
Featurefx central clearingIngot Brokers
Min. Deposit$250$1000
RegulationFinancial 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-F234Australian Securities and Investment Commission (ASIC)
Founded20152004
CountryPortugalAustralia
Clients30,000+10,000+

Fees

Fees are a critical factor when choosing between fx central clearing 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 fx central clearing). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. The two brokers are broadly comparable on fee structure.

Tied
Featurefx central clearingIngot Brokers
Min. Deposit$250$1000
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

fx central clearing 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.

Tied
Featurefx central clearingIngot Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how fx central clearing and Ingot Brokers compare. fx central clearing runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. fx central clearing publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. fx central clearing maintains an archive of past webinars for on-demand viewing. fx central clearing scores higher overall in education and research.

fx central clearing wins this category
Featurefx central clearingIngot Brokers
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx central clearing 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). fx central clearing uniquely supports PayPal and Skrill and Neteller among the two brokers. fx central clearing scores higher on deposit and withdrawal flexibility.

fx central clearing wins this category
Featurefx central clearingIngot Brokers
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx central clearing and Ingot Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. fx central clearing supports 8 languages and Ingot Brokers supports 2, giving fx central clearing broader global reach. Both brokers are comparable on support quality.

Tied
Featurefx central clearingIngot Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese