Ingot Brokers
Spreadex
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Spreadex was established in 1999 and is based in UK. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Spreadex is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; Spreadex has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $0 at Spreadex.
| Feature | Ingot Brokers | Spreadex |
|---|---|---|
| Min. Deposit | $1000 | $0 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), registration number 190941 |
| Founded | 2004 | 1999 |
| Country | Australia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Spreadex, directly affecting your bottom line as a trader. Spreadex 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; Spreadex does not. Overall, Spreadex scores higher on fees in our assessment.
| Feature | Ingot Brokers | Spreadex |
|---|---|---|
| Min. Deposit | $1000 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Spreadex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Spreadex supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Ingot Brokers | Spreadex |
|---|---|---|
| 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 | 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 Spreadex compare. Spreadex runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Spreadex publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Spreadex maintains an archive of past webinars for on-demand viewing. Spreadex scores higher overall in education and research.
| Feature | Ingot Brokers | Spreadex |
|---|---|---|
| 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 Spreadex supports 3 (bank transfer, credit/debit card, Skrill). Spreadex uniquely supports Skrill among the two brokers. Spreadex scores higher on deposit and withdrawal flexibility.
| Feature | Ingot Brokers | Spreadex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| 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 Spreadex offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and Spreadex supports 1, giving Ingot Brokers broader global reach. Both brokers are comparable on support quality.
| Feature | Ingot Brokers | Spreadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |