Interactive Brokers vs Ingot Brokers, Updated for 2024
Read our In-Depth Interactive Brokers vs Ingot Brokers Review - Updated for 2024
This comprehensive analysis of Interactive Brokers and Ingot Brokers has been updated for 2024 by seasoned professionals with years of expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Interactive Brokers vs Ingot Brokers does not apply to all countries as follows:
Interactive Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Ingot Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Interactive Brokers vs Ingot Brokers
Each online trading platforms feature a few ups and downs, so a complete Interactive Brokers and Ingot Brokers review would not be complete without adopting an objective perspective.
Assess Interactive Brokers and Ingot Brokers in order to understand how they stack up with each other prior to you choose to open an account. Conducting a side-by-side comparison helps to put things in perspective so that you're cognizant of the expectations.
So you are looking for a reputable broker and are choosing between Interactive Brokers or Ingot Brokers. Who is better in 2024?
Our Interactive Brokers vs Ingot Brokers comparison contains the latest information so you can easily compare Ingot Brokers against Interactive Brokers.
If you are a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll get proficient at all the concepts of brokerage since you continue trading. For starters, you have to choose the right broker who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. Interactive Brokers and Ingot Brokers are two such trading platforms which will take you along with your investment into great heights. It is important to compare Interactive Brokers vs Ingot Brokers before you trust them with your cash.
Our Interactive Brokers vs Ingot Brokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Interactive Brokers and Ingot Brokers side by side.
Our full Interactive Brokers vs Ingot Brokers Review covers all you will need to know about trading with either Interactive Brokers or Ingot Brokers. A fantastic broker can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investing objectives.
There is no sure-fire way to ensure profits; therefore, you should carefully assess your agent before you choose them. It is a frequent misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
Interactive Brokers and Ingot Brokers are both brokers which have found their way successfully into the broker world. Within this review, we've tried to collate a number of the important aspects of both Interactive Brokers and Ingot Brokers. This review can help you to understand whether either Ingot Brokers or Interactive Brokers is a good fit for your investments or not. We have tried to breakdown all of the features and charges for your convenience.
Benefits of Interactive Brokers and Ingot Brokers Compared
Interactive Brokers has a minimum deposit of $1 while Ingot Brokers offers a $1000 minimum deposit.
Why smaller minimum deposits are good and how Interactive Brokers and Ingot Brokers compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Interactive Brokers has around 100 financial instruments whilst Ingot Brokers has around 100 financial instruments available.
The more financial instruments you can trade on the Interactive Brokers and Ingot Brokers platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Interactive Brokers or Ingot Brokers.
Interactive Brokers and Ingot Brokers Contact Details
Being able to contact a broker easily is important. Interactive Brokers and Ingot Brokers have the following contact details and social medias that you can use.
Broker | Interactive Brokers | Ingot Brokers |
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Telephone Number | +1 203 618 5800 | |
support@interactivebrokers.com | ||
Address | One Pickwick Plz, Greenwich, Connecticut 06830, US | |
Interactive Brokers Twitter Account | Ingot Brokers Twitter Account | |
Interactive Brokers Facebook Page | Ingot Brokers Facebook Page | |
Interactive Brokers Instagram Account | Ingot Brokers Instagram Account | |
Interactive Brokers LinkedIn Page | Ingot Brokers LinkedIn Page | |
YouTube | Interactive Brokers YouTube Channel | Ingot Brokers YouTube Channel |
Find Out More |
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Ingot Brokers and Interactive Brokers Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of Interactive Brokers and Ingot Brokers we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Interactive Brokers vs Ingot Brokers - Awards
Broker | Interactive Brokers | Ingot Brokers |
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Awards |
Interactive Brokers have won a lot of industry awards over the time they have been operating as a financial broker. We detail the most recognised awards for Interactive Brokers here.
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At the time of writing this Ingot Brokers review, and despite Ingot Brokers’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Interactive Brokers vs Ingot Brokers - Frequently Asked Questions
Interactive Brokers vs Ingot Brokers - Headquarters And Year Of Founding
Interactive Brokers was founded in 1977 and has its head office in United States.
Ingot Brokers was founded in 2004 and has its head office in Australia.
What is the minimum deposit for Ingot Brokers or Interactive Brokers
The minimum deposit for Interactive Brokers is $1.
The minimum deposit for Ingot Brokers is $1000.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Interactive Brokers and Ingot Brokers are a good option.
Interactive Brokers vs Ingot Brokers - Regulation And Licencing In More Detail
Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..
Ingot Brokers is regulated by Australian Securities and Investment Commission (ASIC).
Both Interactive Brokers and Ingot Brokers have a powerful collection of rules for ensuring fair trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Interactive Brokers vs Ingot Brokers Commission And Fees
Interactive Brokers and Ingot Brokers are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of penalties for this objective.
The first sort of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you're paying a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those who are charged when you maintain a leveraged position for more than daily.
Apart from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither Interactive Brokers or Ingot Brokers charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by Interactive Brokers and Ingot Brokers are relatively higher. As a result, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These aren't about the purchase and sale of resources.
This Interactive Brokers vs Ingot Brokers review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For Interactive Brokers And Ingot Brokers
What Languages Do Interactive Brokers And Ingot Brokers Support?
Being able to communicate completely with your online platform is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find the languages that both Interactive Brokers and Ingot Brokers support.
How Many Clients Do Interactive Brokers and Ingot Brokers Have?
Both Interactive Brokers and Ingot Brokers are well established with their client base. It is really important to work with a broker that is professional and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many users Interactive Brokers and Ingot Brokers are working with
What Payment Methods Do Interactive Brokers and Ingot Brokers Accept?
Interactive Brokers and Ingot Brokers both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Interactive Brokers and Ingot Brokers
What Can You Trade With Interactive Brokers and Ingot Brokers?
Interactive Brokers offers 100 trading instruments while Ingot Brokers offers 100.
Below you will find a full breakdown of what both Interactive Brokers and Ingot Brokers offer.
Interactive Brokers Review
Interactive Brokers vs Ingot Brokers:
Table Of Contents
- Compare Interactive Brokers vs Ingot Brokers
- Benefits of Interactive Brokers and Ingot Brokers Compared
- Ingot Brokers and Interactive Brokers Mobile App Comparison
- Interactive Brokers vs Ingot Brokers - Awards
- Interactive Brokers vs Ingot Brokers - Frequently Asked Questions
- What is the minimum deposit for Ingot Brokers or Interactive Brokers
- Interactive Brokers vs Ingot Brokers - Regulation And Licencing In More Detail
- Compare Broker Fees For Interactive Brokers And Ingot Brokers
- What Languages Do Interactive Brokers And Ingot Brokers Support?
- How Many Clients Do Interactive Brokers and Ingot Brokers Have?
- What Payment Methods Do Interactive Brokers and Ingot Brokers Accept?
- What Can You Trade With Interactive Brokers and Ingot Brokers?