Ingot Brokers
NordFX
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while NordFX was established in 2008 and is based in Mauritius. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while NordFX is regulated by VFSC (15008) among others. Ingot Brokers serves 10,000+ clients worldwide; NordFX has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $10 at NordFX.
| Feature | Ingot Brokers | NordFX |
|---|---|---|
| Min. Deposit | $1000 | $10 |
| Regulation | Australian Securities and Investment Commission (ASIC) | VFSC (15008) |
| Founded | 2004 | 2008 |
| Country | Australia | Mauritius |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and NordFX, directly affecting your bottom line as a trader. NordFX has a lower barrier to entry with a minimum deposit of $10 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, NordFX scores higher on fees in our assessment.
| Feature | Ingot Brokers | NordFX |
|---|---|---|
| Min. Deposit | $1000 | $10 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while NordFX supports MT4, MT5. Both brokers provide mobile trading apps for iOS and Android. NordFX supports social and copy trading features, which Ingot Brokers does not offer. Ingot Brokers edges ahead on platform breadth and functionality in our scoring.
| Feature | Ingot Brokers | NordFX |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | MT4, MT5, 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 NordFX compare. Both provide video tutorials. Ingot Brokers integrates third-party research tools (Autochartist); NordFX does not. NordFX scores higher overall in education and research.
| Feature | Ingot Brokers | NordFX |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
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 NordFX supports 4 (bank transfer, credit/debit card, Skrill, Neteller). NordFX uniquely supports Skrill and Neteller among the two brokers. NordFX scores higher on deposit and withdrawal flexibility.
| Feature | Ingot Brokers | NordFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| 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 NordFX offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and NordFX supports 13, giving NordFX broader global reach. Both brokers are comparable on support quality.
| Feature | Ingot Brokers | NordFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay |