B

Ingot Brokers

5.6/10
Oinvest logo

Oinvest

5.7/10
7/10WinnerRegulation5/10
0/10FeesWinner6/10
9/10WinnerPlatforms7/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Ingot Brokers was founded in 2004 and is headquartered in Australia, while Oinvest was established in 2019 and is based in South Africa. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. Ingot Brokers serves 10,000+ clients worldwide; Oinvest has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $200 at Oinvest.

Oinvest wins this category
FeatureIngot BrokersOinvest
Min. Deposit$1000$200
RegulationAustralian Securities and Investment Commission (ASIC)Southern African Financial Sector Conduct Authority (FSCA)
Founded20042019
CountryAustraliaSouth Africa
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and Oinvest, directly affecting your bottom line as a trader. Ingot Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $200 at Oinvest). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Oinvest scores higher on fees in our assessment.

Oinvest wins this category
FeatureIngot BrokersOinvest
Min. Deposit$1000$200
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesYesYes

Platforms

Ingot Brokers offers MT4, MT5, cTrader, while Oinvest supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Oinvest supports social and copy trading features, which Ingot Brokers does not offer. Ingot Brokers edges ahead on platform breadth and functionality in our scoring.

Ingot Brokers wins this category
FeatureIngot BrokersOinvest
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsMT4, iOS, MacBook, iPhone

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Ingot Brokers and Oinvest compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureIngot BrokersOinvest
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 Oinvest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

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