Ingot Brokers
Roboforex
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Roboforex was established in 2009 and is based in Belize. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Roboforex is regulated by RoboForex Ltd is a financial brokerage company regulated by the FSC among others. Ingot Brokers serves 10,000+ clients worldwide; Roboforex has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $1 at Roboforex.
| Feature | Ingot Brokers | Roboforex |
|---|---|---|
| Min. Deposit | $1000 | $1 |
| Regulation | Australian Securities and Investment Commission (ASIC) | RoboForex Ltd is a financial brokerage company regulated by the FSC, license No. 000138/437, reg. number 128.572. Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize. |
| Founded | 2004 | 2009 |
| Country | Australia | Belize |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Roboforex, directly affecting your bottom line as a trader. Roboforex has a lower barrier to entry with a minimum deposit of $1 (vs $1000 at Ingot Brokers). Roboforex charges withdrawal fees while Ingot Brokers does not, giving Ingot Brokers an edge for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; Roboforex does not. Overall, Roboforex scores higher on fees in our assessment.
| Feature | Ingot Brokers | Roboforex |
|---|---|---|
| Min. Deposit | $1000 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Roboforex supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Roboforex supports social and copy trading features, which Ingot Brokers does not offer. Roboforex edges ahead on platform breadth and functionality in our scoring.
| Feature | Ingot Brokers | Roboforex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | MT4, MT5, Mac, 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 Roboforex compare. Roboforex runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Roboforex publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Roboforex maintains an archive of past webinars for on-demand viewing. Roboforex scores higher overall in education and research.
| Feature | Ingot Brokers | Roboforex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 Roboforex supports 3 (bank transfer, credit/debit card, Neteller). Roboforex uniquely supports Neteller among the two brokers. Roboforex scores higher on deposit and withdrawal flexibility.
| Feature | Ingot Brokers | Roboforex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| 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 Roboforex offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and Roboforex supports 13, giving Roboforex broader global reach. Both brokers are comparable on support quality.
| Feature | Ingot Brokers | Roboforex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian |