B

Ingot Brokers

5.6/10
World Forex Review logo

World Forex Review

6.9/10
7/10WinnerRegulation4/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Ingot Brokers was founded in 2004 and is headquartered in Australia, while World Forex Review was established in 2008 and is based in Vanuatu. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. Ingot Brokers serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $100 at World Forex Review.

World Forex Review wins this category
FeatureIngot BrokersWorld Forex Review
Min. Deposit$1000$100
RegulationAustralian Securities and Investment Commission (ASIC)Vanuatu Financial Services Commission (VFSC)
Founded20042008
CountryAustraliaVanuatu
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ingot Brokers and World Forex Review, directly affecting your bottom line as a trader. World Forex Review has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Ingot Brokers). World Forex Review charges withdrawal fees while Ingot Brokers does not, giving Ingot Brokers an edge for frequent withdrawers. Ingot Brokers applies inactivity fees on dormant accounts; World Forex Review does not. World Forex Review charges deposit fees; Ingot Brokers does not. Overall, World Forex Review scores higher on fees in our assessment.

World Forex Review wins this category
FeatureIngot BrokersWorld Forex Review
Min. Deposit$1000$100
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Ingot Brokers offers MT4, MT5, cTrader, while World Forex Review 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 BrokersWorld Forex Review
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsAndroid Apps,iPhone/iPad,Desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Ingot Brokers and World Forex Review compare. World Forex Review runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. World Forex Review publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.

World Forex Review wins this category
FeatureIngot BrokersWorld Forex Review
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 World Forex Review supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureIngot BrokersWorld Forex Review
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
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 World Forex Review 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.

Tied
FeatureIngot BrokersWorld Forex Review
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese