B

Ingot Brokers

5.6/10

Trading212

7.1/10
7/10RegulationWinner10/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsWinner8/10
10/10WinnerSupport7/10

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Overview

Ingot Brokers was founded in 2004 and is headquartered in Australia, while Trading212 was established in 2006 and is based in UK. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Trading212 is regulated by Financial Conduct Authority (FCA) among others. Ingot Brokers serves 10,000+ clients worldwide; Trading212 has 1,500,000+. The minimum deposit is $1000 at Ingot Brokers and $1 at Trading212.

Trading212 wins this category
FeatureIngot BrokersTrading212
Min. Deposit$1000$1
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Founded20042006
CountryAustraliaUK
Clients10,000+1,500,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and Trading212, directly affecting your bottom line as a trader. Trading212 has a lower barrier to entry with a minimum deposit of $1 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Trading212 does not. Overall, Trading212 scores higher on fees in our assessment.

Trading212 wins this category
FeatureIngot BrokersTrading212
Min. Deposit$1000$1
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Ingot Brokers offers MT4, MT5, cTrader, while Trading212 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trading212 supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureIngot BrokersTrading212
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsMT4, MT5, 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 Trading212 compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureIngot BrokersTrading212
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 Trading212 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). Trading212 uniquely supports PayPal and Skrill among the two brokers. Trading212 scores higher on deposit and withdrawal flexibility.

Trading212 wins this category
FeatureIngot BrokersTrading212
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
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 Trading212 offer live chat support. Ingot Brokers offers phone support; Trading212 does not. Email support is available at both brokers. Ingot Brokers supports 2 languages and Trading212 supports 13, giving Trading212 broader global reach. Ingot Brokers scores higher overall on customer support in our assessment.

Ingot Brokers wins this category
FeatureIngot BrokersTrading212
Live ChatYesYes
Phone SupportYesNo
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, Turkish