B

Ingot Brokers

5.6/10
Swissquote logo

Swissquote

7.2/10
7/10RegulationTied7/10
0/10FeesWinner10/10
9/10WinnerPlatforms7/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Ingot Brokers was founded in 2004 and is headquartered in Australia, while Swissquote was established in 1999 and is based in Switzerland. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Swissquote is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; Swissquote has 300,000+. The minimum deposit is $1000 at Ingot Brokers and $0 at Swissquote.

Swissquote wins this category
FeatureIngot BrokersSwissquote
Min. Deposit$1000$0
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA)
Founded20041999
CountryAustraliaSwitzerland
Clients10,000+300,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and Swissquote, directly affecting your bottom line as a trader. Swissquote 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; Swissquote does not. Overall, Swissquote scores higher on fees in our assessment.

Swissquote wins this category
FeatureIngot BrokersSwissquote
Min. Deposit$1000$0
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Ingot Brokers offers MT4, MT5, cTrader, while Swissquote supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Swissquote supports social and copy trading features, which Ingot Brokers does not offer. Ingot Brokers edges ahead on platform breadth and functionality in our scoring.

Ingot Brokers wins this category
FeatureIngot BrokersSwissquote
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsMT4, MT5, ZuluTrade, 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 Swissquote compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureIngot BrokersSwissquote
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 Swissquote supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureIngot BrokersSwissquote
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 Swissquote offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and Swissquote supports 8, giving Swissquote broader global reach. Both brokers are comparable on support quality.

Tied
FeatureIngot BrokersSwissquote
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, German, French, Italian, Spanish, Arabic, Russian, and Chinese