3.8 | 4 |
Traders from US not accepted See available CFD brokers | Traders from US not accepted See available CFD brokers |
Ingot Brokers is a multi-regulated brokerage established in 2006. The broker offers CFD trading opportunities on 1000+ instruments including forex, stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers both raw spreads and commission-free account options. | LiteFinance is an offshore-regulated broker with 55 forex pairs and a range of international stocks as well as a smaller list of indices, commodities and cryptocurrencies. With support for the MetaTrader 4 and MetaTrader 5 platforms as well as a proprietary mobile app, there is a good selection of tools available. The broker offers a Classic commission-free account as well as an ECN account with spreads starting from zero and a commission per lot. |
Bonus Offer |
| Rebate on payment fees |
Comment by Reviewer |
"Ingot Brokers is a good choice for day traders looking for a no-frills broker with a wide range of instruments. Experienced traders will appreciate access to the advanced MT5 platform, although beginners may be disappointed in the lack of educational resources." | "LiteFinance will suit traders seeking high leverage on forex, stocks, commodities, indices and cryptocurrencies. The social trading system will also suit newer investors looking to learn from seasoned traders." |
Pros |
- Traders can access the market-leading MT4 and MT5 platforms, collectively offering dozens of advanced technical indicators and charting tools for detailed analysis
- Ingot Brokers offers a copy trading service with passive income opportunities for experienced strategy providers
- The low $100 minimum deposit and the option to trade with zero commissions will appeal to newer traders
- Ingot Brokers holds multiple regulatory licenses, including one from the top-tier regulator, ASIC
- Multiple free payment methods are available, including bank transfers and crypto payments
| - Great trading platform support with MT4, MT5 and a proprietary app
- Decent suite of extra tools and features including a VPS
- Fast and reliable customer support based on testing
- High leverage available up to 1:500
- Low starting deposit of $50
- Automated trading via APIs
- Good range of forex pairs
- Social trading service
|
Cons |
- The range of 30+ currency pairs is below the industry average and won’t be sufficient for serious forex traders
- The broker’s educational resources and market research trail most competitors
- The ECN account offers fewer assets than the other account types
| - Not overseen by any top-tier regulator
- Some complaints online about difficulties withdrawing funds
- Wide spreads on the Classic account
- Does not accept US traders
|
Awards |
- Best Trading Experience APC 2021 - European Global Banking & Finance Awards
- Most Trusted Forex Brand APAC 2021 - European Global Banking & Finance Awards
- Most Trusted Forex Broker Asia 2021 - International Investors Awards
- Best Online Trading Support Middle East 2021 - International Investors Awards
| |
Instruments |
CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
Demo Account |
Yes | Yes |
Minimum Deposit |
$10 | $50 |
Trading Platforms |
| |
Payment Methods |
- Bitcoin Payments
- Credit Card
- Debit Card
- Ethereum Payments
- Mastercard
- Neteller
- PayPal
- Skrill
- Visa
- Wire Transfer
| - Alipay
- Bitcoin Payments
- Ethereum Payments
- M-Pesa
- Mastercard
- Perfect Money
- Swift
- Visa
- WebMoney
|
Minimum Trade |
0.01 Lots | 0.01 Lots |
Regulator |
ASIC, FSCA, JSC, FSA, CMA | CySEC |
Margin Trading |
Yes | Yes |
STP Account |
No | No |
ECN Account |
Yes | Yes |
DMA Account |
No | Yes |
MAM Account |
Yes | No |
PAMM Account |
No | No |
LAMM Account |
No | No |
Demat Account |
No | No |
AI / Machine Learning |
No | No |
Robo Advisor |
No | No |
Negative Balance Protection |
Yes | Yes |
Market Maker |
No | No |
P2P Trading |
No | No |
Spot Trading |
Yes | Yes |
Mobile Apps |
iOS & Android | iOS & Android |
Auto Trading |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading |
Yes | Yes |
Copy Trading Platform |
Ingot Brokers offers a bespoke copy trading app where users can copy seasoned traders with low fees and detailed performance metrics. Beginners can learn from seasoned traders who in turn can generate a second revenue stream by marketing their trades. | LiteFinance offers a forex copy trading solution with hundreds of master traders. Simply decide how long you want to invest for and the amount, for example, $500 for three months. |
Social Trading |
No | Yes |
Trade Signals |
| Yes |
VPS Hosting |
No | Yes |
Tournaments |
No | No |
Demo Competitions |
No | Yes |
Ethical Investing |
No | No |
Custodial Account |
No | No |
Guaranteed Stop Loss |
No | No |
Inactivity Fee |
$0 | |
Islamic Account |
Yes | Yes |
Account Currencies |
| |
Stock Exchanges |
- Australian Securities Exchange
- DAX GER 40 Index
- Dow Jones
- FTSE UK Index
- Nasdaq
| - Australian Securities Exchange
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- FTSE UK Index
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- Nasdaq
- New York Stock Exchange
|
Commodities |
- Cocoa
- Coffee
- Corn
- Gold
- Natural Gas
- Oil
- Platinum
- Silver
- Soybeans
- Sugar
- Wheat
| |
CFD Trading |
Ingot Brokers offers CFD trading on 1000+ instruments including stocks, commodities and cryptocurrencies. The MT4 and MT5 platforms offer comprehensive features for active CFD traders, including multiple order types and pre-integrated technical tools. | CFDs are available on a breadth of assets including stocks, ETFs, indices, commodities and cryptocurrencies with both zero-commission and low-commission, tight spread accounts available. LiteFinance also offers high leverage of up to 1:500, providing significant trading opportunities. |
Leverage |
1:500 | 1:500 (Crypto 1:50) |
FTSE Spread |
From 0 pip | 0.8 |
GBPUSD Spread |
From 0 pip | 0.8 |
Oil Spread |
From 0 pip | 5.5 |
Stocks Spread |
From 0 pip | Variable |
Forex Trading |
Ingot Brokers offers forex trading on a modest suite of 30+ currency pairs with raw spreads on the MT5 platform. There are also no restrictions on short-term trading strategies, including hedging, scalping and the use of Expert Advisors (EAs). | With 55 forex pairs and cross pairs available, including a good selection of minors and exotics, LiteFinance is a good option for forex traders. Although it falls short of some competitors who offer 70 or 80+ forex assets, it offers excellent trading platforms and tools including a VPS. |
GBPUSD Spread |
From 0 pip | 0.8 |
EURUSD Spread |
From 0 pip | 0.2 |
EURGBP Spread |
From 0 pip | 0.5 |
Assets |
30+ | 55 |
Cryptocurrency |
You can access 25 cryptocurrencies paired with USD, including BTC/USD and ETH/USD as well as smaller tokens like DOTUSD. The broker doesn’t offer a crypto wallet or exchange, although you can deposit via Bitcoin, Ethereum or Tether with zero fees. | LiteFinance offers 62 cryptocurrencies, mostly paired with USD. The list includes some lesser-known tokens with lower market capitalization. However, traders will not directly buy and own the crypto tokens they trade. |
Spread |
From 0 pip | From 0.1 |
Coins |
- BTC
- ETH
- LTC
- BCH
- XRP
- DOT
- EOS
- LNK
- DOGE
- ADA
- XLM
- ATOM
- AAVE
- AVX
- BNB
- DASH
- ENJ
- FTM
- MATIC
- SNX
- WAVE
- XMR
- XTZ
- YFI
- SOL
| - AAV
- ADA
- ALG
- ALI
- ATO
- AVX
- AXS
- BCH
- BNB
- BTC
- BTG
- COM
- DGE
- DOT
- DSH
- ENJ
- EOS
- ETH
- FIL
- ICP
- ILV
- ITA
- KAV
- LNK
- LTC
- LUN
- MKR
- MNA
- MTC
- NEA
- NEO
- OMG
- QTM
- SIA
- SND
- SOL
- STX
- THT
- TRX
- UNI
- VET
- XLM
- XMR
- XRP
- XTZ
- YFI
- YGG
- ZEC
- ZIL
|
Crypto Lending |
No | No |
Crypto Mining |
No | No |
Crypto Staking |
No | No |
Auto Market Maker |
No | No |
|
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More Comparisons |
Ingot Brokers vs | LiteFinance vs |