As the forex market continues to evolve, choosing the right broker is more critical than ever. Forex.com and Ingot Brokers are two notable names that attract retail and professional traders globally. This comparison explores how these brokers differ across platforms, regulatory standing, spreads, leverage, and overall trader experience.
Broker Review Contents
Broker background
Forex.com is a U.S.-based forex and CFD broker owned by StoneX Group (NASDAQ: SNEX), operating since 2001 with a deep global regulatory footprint.
Ingot Brokers, established in 2006, is headquartered in Australia and has expanded rapidly into the MENA and Asia-Pacific regions, gaining a reputation for accessible trading services.
| Feature | Forex.com | Ingot Brokers |
|---|---|---|
| Founded | 2001 | 2006 |
| Headquarters | USA | Sydney, Australia |
| Regulation | FCA, NFA, ASIC, IIROC, CySEC | ASIC, FSCA, CMA, JSC, FMA |
| Parent Company | StoneX Group | Ingot Group of Companies |
| Client Focus | Global professionals and retail | Retail and regional traders (MENA/APAC) |
Regulatory landscape
Forex.com holds licenses from:
- FCA (UK)
- NFA/CFTC (USA)
- ASIC (Australia)
- IIROC (Canada)
- CySEC (Europe)
Ingot Brokers is regulated by:
- ASIC (Australia)
- FSCA (South Africa)
- CMA (Kenya)
- JSC (Jordan)
- FMA (New Zealand)
Both brokers are compliant and regulated, though Forex.com operates in more tier-1 financial jurisdictions. Ingot excels in emerging markets and developing economies.
Trading platforms
Forex.com provides:
- MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
- WebTrader
- Proprietary Advanced Trading Platform
- TradingView integration
Ingot Brokers offers:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- WebTrader
- Mobile apps for iOS and Android
Forex.com offers more advanced charting tools and TradingView support. Ingot focuses on core MT4/MT5 compatibility with simplicity and accessibility.
Tradable markets
| Asset Class | Forex.com | Ingot Brokers |
|---|---|---|
| Forex pairs | 80+ | 60+ |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Metals | Yes | Yes |
| Stocks (CFDs) | Yes | Yes |
| ETFs | Yes | No |
| Cryptocurrencies | Yes | Yes |
| Bonds | No | No |
Forex.com has a slightly broader offering, particularly with ETFs and crypto pairs. Ingot offers all the essentials for retail traders but lacks ETF support.
Account types and funding
Forex.com account types:
- Standard
- Commission (RAW spread)
- DMA (Direct Market Access)
- Islamic (swap-free)
Ingot Brokers account types:
- ECN Account
- Professional Account
- VIP Account
- Islamic Account
Minimum deposits:
- Forex.com: $100
- Ingot Brokers: $100 (Standard), higher for VIP
Both brokers cater to retail traders with low entry points. Ingot’s ECN structure offers competitive spreads for active traders.
Spreads and trading costs
Forex.com:
- Standard spreads from 1.0 pip
- RAW: from 0.2 pip + $5/lot
- DMA: variable liquidity-based spreads
Ingot Brokers:
- ECN spreads from 0.0 pip + $6/lot (average)
- Standard: from 1.2 pips (no commission)
- No deposit fees, competitive withdrawals
Forex.com is slightly more transparent with institutional-grade spreads. Ingot competes well on ECN pricing but may lack volume rebates.
Leverage and margin
| Region | Forex.com | Ingot Brokers |
|---|---|---|
| UK/EU Retail | Up to 1:30 | Up to 1:30 |
| USA | Up to 1:50 | Not offered |
| Global (Pro) | Up to 1:200 | Up to 1:500 |
Ingot provides higher leverage in offshore and MENA regions, which appeals to aggressive or small-cap traders. Forex.com’s limits are conservative and safe.
Education and trading tools
Forex.com features:
- Trading Central
- Autochartist
- Strategy backtesting
- Integrated TradingView
- Webinars and learning hubs
Ingot Brokers includes:
- Educational webinars
- Market outlook reports
- Economic calendar
- Technical and fundamental analysis articles
Forex.com leads in third-party integrations and pro-level tools. Ingot emphasizes educational value, particularly for new traders in emerging economies.
Mobile experience
Forex.com:
- Professional-grade mobile app
- Real-time news, watchlists, alerts, and full charting
Ingot Brokers:
- Simple mobile app (MT4/MT5 support)
- Trade management, account monitoring, limited analysis
Forex.com provides more control and custom features on mobile. Ingot’s app is lightweight and efficient for basic execution.
Customer support
Forex.com:
- 24/5 live chat, phone, email
- Fast onboarding and ticket resolution
- Knowledge base and resource library
Ingot Brokers:
- 24/5 multilingual support
- WhatsApp, live chat, and regional contact centers
- Personal account managers (for VIP)
Ingot offers personalized regional service, while Forex.com delivers speed and scale globally.
Side-by-side summary
| Feature | Forex.com | Ingot Brokers |
|---|---|---|
| Regulation | Tier-1 global | Broad in emerging markets |
| Platforms | MT4, MT5, Web, Advanced | MT4, MT5, Web |
| Instruments | Wide (ETFs included) | Core markets, no ETFs |
| Spread Type | RAW & DMA | ECN, Standard |
| Max Leverage | Up to 1:200 | Up to 1:500 |
| Education | Advanced tools | Beginner-focused |
| Mobile Experience | Pro-level | Basic & practical |
| Minimum Deposit | $100 | $100 |
| Support | Efficient global help | Localized and multilingual |
Who should choose Forex.com?
Choose Forex.com if you:
- Want access to ETFs and professional DMA pricing
- Prefer strong regulatory oversight (USA, UK, Canada)
- Need institutional-level tools and analytics
- Are a seasoned trader or fund manager
Who should choose Ingot Brokers?
Ingot Brokers may be better for you if:
- You’re based in MENA, Africa, or Southeast Asia
- Prefer high leverage (up to 1:500) and localized support
- Are looking for multilingual, regionally adaptive service
- Are starting out and value accessible education
