Ingot Brokers
Robinhood
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Robinhood was established in 2013 and is based in USA. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Robinhood is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; Robinhood has 10,000,000+. The minimum deposit is $1000 at Ingot Brokers and $0 at Robinhood.
| Feature | Ingot Brokers | Robinhood |
|---|---|---|
| Min. Deposit | $1000 | $0 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2004 | 2013 |
| Country | Australia | USA |
| Clients | 10,000+ | 10,000,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Robinhood, directly affecting your bottom line as a trader. Robinhood has a lower barrier to entry with a minimum deposit of $0 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Robinhood does not. Robinhood charges deposit fees; Ingot Brokers does not. Overall, Robinhood scores higher on fees in our assessment.
| Feature | Ingot Brokers | Robinhood |
|---|---|---|
| Min. Deposit | $1000 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Robinhood supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Robinhood 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 | Robinhood |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | Web Trader, 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 Robinhood compare. Robinhood runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Robinhood publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Robinhood maintains an archive of past webinars for on-demand viewing. Robinhood scores higher overall in education and research.
| Feature | Ingot Brokers | Robinhood |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 Robinhood supports 1 (bank transfer). Ingot Brokers uniquely supports credit/debit card among the two brokers. Ingot Brokers scores higher on deposit and withdrawal flexibility.
| Feature | Ingot Brokers | Robinhood |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 Robinhood offer live chat support. Ingot Brokers offers phone support; Robinhood does not. Email support is available at both brokers. Ingot Brokers supports 2 languages and Robinhood supports 13, giving Robinhood broader global reach. Ingot Brokers scores higher overall on customer support in our assessment.
| Feature | Ingot Brokers | Robinhood |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |