B

Ingot Brokers

5.6/10
PUPRIME logo

PUPRIME

8.3/10
7/10WinnerRegulation5/10
0/10FeesWinner10/10
9/10WinnerPlatforms8/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Ingot Brokers was founded in 2004 and is headquartered in Australia, while PUPRIME was established in 2015 and is based in Seychelles. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd among others. Ingot Brokers serves 10,000+ clients worldwide; PUPRIME has 200,000+. The minimum deposit is $1000 at Ingot Brokers and $50 at PUPRIME.

PUPRIME wins this category
FeatureIngot BrokersPUPRIME
Min. Deposit$1000$50
RegulationAustralian Securities and Investment Commission (ASIC)Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218
Founded20042015
CountryAustraliaSeychelles
Clients10,000+200,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and PUPRIME, directly affecting your bottom line as a trader. Ingot Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $50 at PUPRIME). PUPRIME charges withdrawal fees while Ingot Brokers does not, giving Ingot Brokers an edge for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; PUPRIME does not. Overall, PUPRIME scores higher on fees in our assessment.

PUPRIME wins this category
FeatureIngot BrokersPUPRIME
Min. Deposit$1000$50
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesYes

Platforms

Ingot Brokers offers MT4, MT5, cTrader, while PUPRIME supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. PUPRIME 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 BrokersPUPRIME
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesNo
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsMT4, MT5, WebTrader, PU Prime App, PU Social

Education & Research

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

PUPRIME wins this category
FeatureIngot BrokersPUPRIME
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 PUPRIME supports 4 (bank transfer, credit/debit card, Skrill, Neteller). PUPRIME uniquely supports Skrill and Neteller among the two brokers. PUPRIME scores higher on deposit and withdrawal flexibility.

PUPRIME wins this category
FeatureIngot BrokersPUPRIME
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
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 PUPRIME offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and PUPRIME supports 1, giving Ingot Brokers broader global reach. Both brokers are comparable on support quality.

Tied
FeatureIngot BrokersPUPRIME
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish