Ingot Brokers
Uphold
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Uphold was established in 2013 and is based in United States. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Ingot Brokers serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $1000 at Ingot Brokers and $1 at Uphold.
| Feature | Ingot Brokers | Uphold |
|---|---|---|
| Min. Deposit | $1000 | $1 |
| Regulation | Australian Securities and Investment Commission (ASIC) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 2004 | 2013 |
| Country | Australia | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Uphold, directly affecting your bottom line as a trader. Uphold 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; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | Ingot Brokers | Uphold |
|---|---|---|
| Min. Deposit | $1000 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Ingot Brokers edges ahead on platform breadth and functionality in our scoring.
| Feature | Ingot Brokers | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ingot Brokers and Uphold compare. Uphold runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Ingot Brokers integrates third-party research tools (Autochartist); Uphold does not. Uphold maintains an archive of past webinars for on-demand viewing. Ingot Brokers scores higher overall in education and research.
| Feature | Ingot Brokers | Uphold |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 Uphold supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ingot Brokers | Uphold |
|---|---|---|
| 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 Uphold offer live chat support. Ingot Brokers offers phone support; Uphold does not. Email support is available at both brokers. Ingot Brokers supports 2 languages and Uphold supports 1, giving Ingot Brokers broader global reach. Ingot Brokers scores higher overall on customer support in our assessment.
| Feature | Ingot Brokers | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |