Ingot Brokers
Trade Zero
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Trade Zero was established in 2014 and is based in Bahamas. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Trade Zero is regulated by Securities Commission of the Bahamas (SCB) among others. Ingot Brokers serves 10,000+ clients worldwide; Trade Zero has 2,000+. The minimum deposit is $1000 at Ingot Brokers and $500 at Trade Zero.
| Feature | Ingot Brokers | Trade Zero |
|---|---|---|
| Min. Deposit | $1000 | $500 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Securities Commission of the Bahamas (SCB) |
| Founded | 2004 | 2014 |
| Country | Australia | Bahamas |
| Clients | 10,000+ | 2,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Trade Zero, directly affecting your bottom line as a trader. Ingot Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $500 at Trade Zero). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Trade Zero does not. Overall, Trade Zero scores higher on fees in our assessment.
| Feature | Ingot Brokers | Trade Zero |
|---|---|---|
| Min. Deposit | $1000 | $500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Trade Zero supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trade Zero 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 | Trade Zero |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | MT4, 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 Trade Zero compare. Trade Zero runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Trade Zero publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Trade Zero maintains an archive of past webinars for on-demand viewing. Trade Zero scores higher overall in education and research.
| Feature | Ingot Brokers | Trade Zero |
|---|---|---|
| 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 Trade Zero supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ingot Brokers | Trade Zero |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| 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 Trade Zero 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 | Trade Zero |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |