FX Primus
Ingot Brokers
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Overview
FX Primus was founded in 2009 and is headquartered in Cyprus, while Ingot Brokers was established in 2004 and is based in Australia. FX Primus holds licences including Cyprus Securities and Exchange Commission (CySEC), while Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC) among others. FX Primus serves 10,000+ clients worldwide; Ingot Brokers has 10,000+. The minimum deposit is $100 at FX Primus and $1000 at Ingot Brokers.
| Feature | FX Primus | Ingot Brokers |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2009 | 2004 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FX Primus and Ingot Brokers, directly affecting your bottom line as a trader. FX Primus has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). FX Primus charges withdrawal fees while Ingot Brokers does not, a notable advantage for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; FX Primus does not. FX Primus charges deposit fees; Ingot Brokers does not. Overall, FX Primus scores higher on fees in our assessment.
| Feature | FX Primus | Ingot Brokers |
|---|---|---|
| Min. Deposit | $100 | $1000 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
FX Primus offers MT4, MT5, cTrader, while Ingot Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FX Primus supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | FX Primus | 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, Mac, Mirror Trader, Web Trader, 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 FX Primus and Ingot Brokers compare. FX Primus runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. FX Primus publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. FX Primus maintains an archive of past webinars for on-demand viewing. FX Primus scores higher overall in education and research.
| Feature | FX Primus | Ingot Brokers |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FX Primus accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Ingot Brokers supports 2 (bank transfer, credit/debit card). FX Primus uniquely supports Neteller among the two brokers. FX Primus scores higher on deposit and withdrawal flexibility.
| Feature | FX Primus | Ingot Brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | 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 FX Primus and Ingot Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. FX Primus supports 8 languages and Ingot Brokers supports 2, giving FX Primus broader global reach. Both brokers are comparable on support quality.
| Feature | FX Primus | Ingot Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian | English, and Chinese |