B

Ingot Brokers

5.6/10
sucden financial logo

sucden financial

8.4/10
7/10RegulationWinner10/10
0/10FeesTied0/10
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 sucden financial was established in 2011 and is based in Puerto Rico. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while sucden financial is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; sucden financial has 200,000+. The minimum deposit is $1000 at Ingot Brokers and $250 at sucden financial.

sucden financial wins this category
FeatureIngot Brokerssucden financial
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-F314
Founded20042011
CountryAustraliaPuerto Rico
Clients10,000+200,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and sucden financial, 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 sucden financial). sucden financial charges withdrawal fees while Ingot Brokers does not, giving Ingot Brokers an edge for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; sucden financial does not. sucden financial charges deposit fees; Ingot Brokers does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureIngot Brokerssucden financial
Min. Deposit$1000$250
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

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

Tied
FeatureIngot Brokerssucden financial
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 sucden financial compare. sucden financial runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. sucden financial publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. sucden financial maintains an archive of past webinars for on-demand viewing. sucden financial scores higher overall in education and research.

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

sucden financial wins this category
FeatureIngot Brokerssucden financial
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 sucden financial offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and sucden financial supports 8, giving sucden financial broader global reach. Both brokers are comparable on support quality.

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