B

Ingot Brokers

5.6/10
tegasfx logo

tegasfx

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 tegasfx was established in 2017 and is based in Cyprus. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while tegasfx is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; tegasfx has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $250 at tegasfx.

tegasfx wins this category
FeatureIngot Brokerstegasfx
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-F320
Founded20042017
CountryAustraliaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and tegasfx, 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 tegasfx). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; tegasfx does not. tegasfx charges deposit fees; Ingot Brokers does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureIngot Brokerstegasfx
Min. Deposit$1000$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

Ingot Brokers offers MT4, MT5, cTrader, while tegasfx supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

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

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

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

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