B

Ingot Brokers

5.6/10

joseph palmer and sons

6.7/10
7/10WinnerRegulation5/10
0/10FeesWinner1/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Ingot Brokers was founded in 2004 and is headquartered in Australia, while joseph palmer and sons was established in 1872 and is based in Cyprus. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while joseph palmer and sons is regulated by AFS Licence 247067 among others. Ingot Brokers serves 10,000+ clients worldwide; joseph palmer and sons has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $250 at joseph palmer and sons.

joseph palmer and sons wins this category
FeatureIngot Brokersjoseph palmer and sons
Min. Deposit$1000$250
RegulationAustralian Securities and Investment Commission (ASIC)AFS Licence 247067, ABN 29 548 490 818
Founded20041872
CountryAustraliaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and joseph palmer and sons, 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 joseph palmer and sons). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; joseph palmer and sons does not. Overall, joseph palmer and sons scores higher on fees in our assessment.

joseph palmer and sons wins this category
FeatureIngot Brokersjoseph palmer and sons
Min. Deposit$1000$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Ingot Brokers offers MT4, MT5, cTrader, while joseph palmer and sons supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. joseph palmer and sons supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureIngot Brokersjoseph palmer and sons
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 joseph palmer and sons compare. joseph palmer and sons runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. joseph palmer and sons publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. joseph palmer and sons maintains an archive of past webinars for on-demand viewing. joseph palmer and sons scores higher overall in education and research.

joseph palmer and sons wins this category
FeatureIngot Brokersjoseph palmer and sons
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

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 joseph palmer and sons supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). joseph palmer and sons uniquely supports PayPal and Skrill and Neteller among the two brokers. joseph palmer and sons scores higher on deposit and withdrawal flexibility.

joseph palmer and sons wins this category
FeatureIngot Brokersjoseph palmer and sons
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 joseph palmer and sons offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and joseph palmer and sons supports 8, giving joseph palmer and sons broader global reach. Both brokers are comparable on support quality.

Tied
FeatureIngot Brokersjoseph palmer and sons
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic