Ingot Brokers
Zacks Trade
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Zacks Trade was established in 2008 and is based in United States. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Zacks Trade is regulated by Unregulated among others. Ingot Brokers serves 10,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $1000 at Ingot Brokers and $2500 at Zacks Trade.
| Feature | Ingot Brokers | Zacks Trade |
|---|---|---|
| Min. Deposit | $1000 | $2500 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Unregulated |
| Founded | 2004 | 2008 |
| Country | Australia | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Zacks Trade, directly affecting your bottom line as a trader. Ingot Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Zacks Trade does not. Zacks Trade charges deposit fees; Ingot Brokers does not. The two brokers are broadly comparable on fee structure.
| Feature | Ingot Brokers | Zacks Trade |
|---|---|---|
| Min. Deposit | $1000 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Ingot Brokers | Zacks Trade |
|---|---|---|
| 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 | Android,iPhone/iPad,Tablet |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ingot Brokers and Zacks Trade compare. Zacks Trade runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Zacks Trade publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Zacks Trade maintains an archive of past webinars for on-demand viewing. Zacks Trade scores higher overall in education and research.
| Feature | Ingot Brokers | Zacks Trade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 Zacks Trade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ingot Brokers | Zacks Trade |
|---|---|---|
| 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 Zacks Trade 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 | Zacks Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |