Ingot Brokers
Twine
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Twine was established in 2008 and is based in USA. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Twine is regulated by Unregulated among others. Ingot Brokers serves 10,000+ clients worldwide; Twine has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $100 at Twine.
| Feature | Ingot Brokers | Twine |
|---|---|---|
| Min. Deposit | $1000 | $100 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Unregulated |
| Founded | 2004 | 2008 |
| Country | Australia | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Twine, directly affecting your bottom line as a trader. Twine has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). Twine charges withdrawal fees while Ingot Brokers does not, giving Ingot Brokers an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Twine scores higher on fees in our assessment.
| Feature | Ingot Brokers | Twine |
|---|---|---|
| Min. Deposit | $1000 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Twine supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Twine supports social and copy trading features, which Ingot Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Ingot Brokers | Twine |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | iPhone,iPad,Android,Tablet |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ingot Brokers and Twine compare. Twine runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Twine publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Twine maintains an archive of past webinars for on-demand viewing. Twine scores higher overall in education and research.
| Feature | Ingot Brokers | Twine |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
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 Twine supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ingot Brokers | Twine |
|---|---|---|
| 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 Twine 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 | Twine |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |