Ingot Brokers vs FBS
| Ingot Brokers Review 2023 | FBS Review 2023 |
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3.8
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4.3
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 Traders from US not accepted
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Traders from US not accepted
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Ingot Brokers is a multi-regulated brokerage offering 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 with competitive pricing and fast execution. It also has copy trading functionality and a decent suite of extras including educational content and calculators. |
FBS is an award-winning forex and CFD broker based in Cyprus. The broker has a strong global reputation with authorization from the CySEC and ASIC, amongst others regulators. The brand has clients in over 190 countries, attracted by a diverse range of markets, the reputable MetaTrader platforms, plus trading promotions. |
| Promotions | |
| Comment by Reviewer | |
| "Ingot Brokers is a good choice for day traders of all stripes thanks to its range of instruments and extra features like copy trading." | "FBS is a great choice for traders of all experience levels and budgets with a range of account types and access to both MetaTrader 4 and MetaTrader 5." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies | CFDs, forex, indices, shares, commodities, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $5 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, FSCA, JSC, FSA, CMA | ASIC, CySEC, FSC, FSCA |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | No |
| 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 | No |
| 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. | |
| Social Trading | |
| No | No |
| Trade Signals | |
| MT4 & MT5 | |
| 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 | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Ingot Brokers offers CFD trading on 1000+ instruments including stocks, commodities and cryptocurrencies with floating spreads starting from zero and excellent execution via the MT4 and MT5 platforms. The broker also offers 24/5 customer support via live chat and email and takes strong security measures including KYC checks and segregated accounts. | Go long or short on an excellent suite of financial markets with leveraged CFDs. Users can choose between three reliable platforms with fast execution, floating spreads from 1 pip and around the clock customer support. |
| Leverage | |
| 1:500 | 1:30 (EU & Restricted Countries), 1:3000 (Global) |
| FTSE Spread | |
| From 0 pip | From 0.0 |
| GBPUSD Spread | |
| From 0 pip | From 0.6 |
| Oil Spread | |
| From 0 pip | From 0.0 |
| Stocks Spread | |
| From 0 pip | Variable |
| Forex Trading | |
| Ingot Brokers offers forex trading on a modest suite of 30+ currency pairs with spreads starting from zero on raw spread account types. Currencies can be traded 24/5 though exotics are only available on MT5. | Trade 35+ popular majors, minors and exotics with tight spreads. FBS also offers an excellent suite of forex market research and education, including news, courses, and daily analysis. |
| Forex App | |
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores. |
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| GBPUSD Spread | |
| From 0 pip | From 0.6 |
| EURUSD Spread | |
| From 0 pip | From 0.5 |
| EURGBP Spread | |
| From 0 pip | From 2.1 |
| Assets | |
| 30+ | 36 |
| Cryptocurrency | |
| Ingot Brokers offers trading on 25 cryptocurrencies paired with USD, including popular options such as BTC/USD and ETH/USD as well as some smaller tokens. The broker does not offer a crypto wallet or exchange, so you cannot directly purchase and hold tokens. | FBS offers trading on crypto/metal, crypto/crypto or crypto/fiat pairs. A strong selection of pairs are available, including BTC/USD. There is also a dedicated crypto account. |
| Spread | |
| From 0 pip | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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Ingot Brokers vs |
FBS vs |