Ingot Brokers
Zerodha
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Overview
Ingot Brokers was founded in 2004 and is headquartered in Australia, while Zerodha was established in 2010 and is based in India. Ingot Brokers holds licences including Australian Securities and Investment Commission (ASIC), while Zerodha is regulated by Securities and Exchange Board of India (SEBI) among others. Ingot Brokers serves 10,000+ clients worldwide; Zerodha has 1,500,000+. The minimum deposit is $1000 at Ingot Brokers and $0 at Zerodha.
| Feature | Ingot Brokers | Zerodha |
|---|---|---|
| Min. Deposit | $1000 | $0 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2004 | 2010 |
| Country | Australia | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Ingot Brokers and Zerodha, directly affecting your bottom line as a trader. Zerodha has a lower barrier to entry with a minimum deposit of $0 (vs $1000 at Ingot Brokers). Neither broker charges withdrawal fees. Ingot Brokers applies inactivity fees on dormant accounts; Zerodha does not. Zerodha charges deposit fees; Ingot Brokers does not. Overall, Zerodha scores higher on fees in our assessment.
| Feature | Ingot Brokers | Zerodha |
|---|---|---|
| Min. Deposit | $1000 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Ingot Brokers offers MT4, MT5, cTrader, while Zerodha 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 | Zerodha |
|---|---|---|
| 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 | 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 Zerodha compare. Zerodha runs regular live webinars; Ingot Brokers does not. Both provide video tutorials. Zerodha publishes daily market commentary; Ingot Brokers does not. Both integrate third-party research tools. Zerodha maintains an archive of past webinars for on-demand viewing. Zerodha scores higher overall in education and research.
| Feature | Ingot Brokers | Zerodha |
|---|---|---|
| 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 Zerodha supports 1 (bank transfer). Ingot Brokers uniquely supports credit/debit card among the two brokers. Ingot Brokers scores higher on deposit and withdrawal flexibility.
| Feature | Ingot Brokers | Zerodha |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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 Zerodha offer live chat support. Both provide phone support. Email support is available at both brokers. Ingot Brokers supports 2 languages and Zerodha supports 13, giving Zerodha broader global reach. Both brokers are comparable on support quality.
| Feature | Ingot Brokers | Zerodha |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |