Ingot Brokers
mbcfx
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 mbcfx was established in 2021 and is based in Puerto Rico. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while mbcfx is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; mbcfx has 30,000+. The minimum deposit is $1000 at Ingot Brokers and $250 at mbcfx.
| Feature | Ingot Brokers | mbcfx |
|---|---|---|
| Min. Deposit | $1000 | $250 |
| Regulation | Australian Securities and Investment Commission (ASIC) | 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-F276 |
| Founded | 2004 | 2021 |
| Country | Australia | Puerto Rico |
| Clients | 10,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and mbcfx, 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 mbcfx). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; mbcfx does not. Overall, mbcfx scores higher on fees in our assessment.
| Feature | Ingot Brokers | mbcfx |
|---|---|---|
| Min. Deposit | $1000 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while mbcfx supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. mbcfx supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Ingot Brokers | mbcfx |
|---|---|---|
| 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, 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 mbcfx compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Ingot Brokers | mbcfx |
|---|---|---|
| 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 mbcfx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). mbcfx uniquely supports PayPal and Skrill and Neteller among the two brokers. mbcfx scores higher on deposit and withdrawal flexibility.
| Feature | Ingot Brokers | mbcfx |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 mbcfx offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and mbcfx supports 8, giving mbcfx broader global reach. Both brokers are comparable on support quality.
| Feature | Ingot Brokers | mbcfx |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |