B

Ingot Brokers

5.6/10

tradeo

8.3/10
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 tradeo was established in 2011 and is based in Russia. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while tradeo is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; tradeo has 250,000+. The minimum deposit is $1000 at Ingot Brokers and $250 at tradeo.

tradeo wins this category
FeatureIngot Brokerstradeo
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-F326
Founded20042011
CountryAustraliaRussia
Clients10,000+250,000+

Fees

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

Tied
FeatureIngot Brokerstradeo
Min. Deposit$1000$250
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Ingot Brokers offers MT4, MT5, cTrader, while tradeo 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 Brokerstradeo
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 tradeo compare. tradeo runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. tradeo publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. tradeo maintains an archive of past webinars for on-demand viewing. tradeo scores higher overall in education and research.

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

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

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