Ingot Brokers
Startrader
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Startrader was established in 2011 and is based in Hong Kong. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Startrader is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $1000 at Ingot Brokers and $50 at Startrader.
| Feature | Ingot Brokers | Startrader |
|---|---|---|
| Min. Deposit | $1000 | $50 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2004 | 2011 |
| Country | Australia | Hong Kong |
| Clients | 10,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Startrader, 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 Startrader). Startrader charges withdrawal fees while Ingot Brokers does not, giving Ingot Brokers an edge for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; Startrader does not. Overall, Startrader scores higher on fees in our assessment.
| Feature | Ingot Brokers | Startrader |
|---|---|---|
| Min. Deposit | $1000 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Startrader supports MT4, MT5, cTrader. Ingot Brokers offers a mobile trading app; mobile availability for Startrader is limited. Startrader 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 | Startrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, Tablet & Mobile apps | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ingot Brokers and Startrader compare. Startrader runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Startrader publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Startrader maintains an archive of past webinars for on-demand viewing. Startrader scores higher overall in education and research.
| Feature | Ingot Brokers | Startrader |
|---|---|---|
| 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 Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Startrader uniquely supports Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.
| Feature | Ingot Brokers | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| 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 Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Ingot Brokers | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese |