Ingot Brokers
IronFX
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while IronFX was established in 2010 and is based in Cyprus. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while IronFX is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; IronFX has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $500 at IronFX.
| Feature | Ingot Brokers | IronFX |
|---|---|---|
| Min. Deposit | $1000 | $500 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 2004 | 2010 |
| Country | Australia | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and IronFX, directly affecting your bottom line as a trader. Ingot Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $500 at IronFX). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; IronFX does not. IronFX charges deposit fees; Ingot Brokers does not. The two brokers are broadly comparable on fee structure.
| Feature | Ingot Brokers | IronFX |
|---|---|---|
| Min. Deposit | $1000 | $500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while IronFX supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IronFX supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Ingot Brokers | IronFX |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ingot Brokers and IronFX compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Ingot Brokers | IronFX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ingot Brokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while IronFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ingot Brokers | IronFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Ingot Brokers and IronFX 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.
| Feature | Ingot Brokers | IronFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |