B

Ingot Brokers

5.6/10

rietumu trading

8.4/10
7/10RegulationWinner10/10
0/10FeesWinner1/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Ingot Brokers was founded in 2004 and is headquartered in Australia, while rietumu trading was established in 2011 and is based in Cyprus. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while rietumu trading is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; rietumu trading has 12,000,000+. The minimum deposit is $1000 at Ingot Brokers and $250 at rietumu trading.

rietumu trading wins this category
FeatureIngot Brokersrietumu trading
Min. Deposit$1000$250
RegulationAustralian 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-F302
Founded20042011
CountryAustraliaCyprus
Clients10,000+12,000,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and rietumu trading, 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 rietumu trading). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; rietumu trading does not. Overall, rietumu trading scores higher on fees in our assessment.

rietumu trading wins this category
FeatureIngot Brokersrietumu trading
Min. Deposit$1000$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

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

Tied
FeatureIngot Brokersrietumu trading
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsMT4, 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 rietumu trading compare. rietumu trading runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. rietumu trading publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. rietumu trading maintains an archive of past webinars for on-demand viewing. rietumu trading scores higher overall in education and research.

rietumu trading wins this category
FeatureIngot Brokersrietumu trading
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 rietumu trading supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). rietumu trading uniquely supports PayPal and Skrill and Neteller among the two brokers. rietumu trading scores higher on deposit and withdrawal flexibility.

rietumu trading wins this category
FeatureIngot Brokersrietumu trading
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
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 rietumu trading offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and rietumu trading supports 8, giving rietumu trading broader global reach. Both brokers are comparable on support quality.

Tied
FeatureIngot Brokersrietumu trading
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic