B

Ingot Brokers

5.6/10

Nabtrade

6.7/10
7/10WinnerRegulation3/10
0/10FeesWinner8/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Ingot Brokers was founded in 2004 and is headquartered in Australia, while Nabtrade was established in 2008 and is based in USA. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Nabtrade is regulated by Unregulated among others. Ingot Brokers serves 10,000+ clients worldwide; Nabtrade has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $100 at Nabtrade.

Nabtrade wins this category
FeatureIngot BrokersNabtrade
Min. Deposit$1000$100
RegulationAustralian Securities and Investment Commission (ASIC)Unregulated
Founded20042008
CountryAustraliaUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and Nabtrade, directly affecting your bottom line as a trader. Nabtrade has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Nabtrade does not. Overall, Nabtrade scores higher on fees in our assessment.

Nabtrade wins this category
FeatureIngot BrokersNabtrade
Min. Deposit$1000$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

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

Tied
FeatureIngot BrokersNabtrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsDesktop,Androoid, iPhone,Mac

Education & Research

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

Nabtrade wins this category
FeatureIngot BrokersNabtrade
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 Nabtrade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureIngot BrokersNabtrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Nabtrade 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.

Tied
FeatureIngot BrokersNabtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese