Ingot Brokers vs FBS

Ingot Brokers vs FBS Comparison Table 2023
Ingot Brokers Review 2023 FBS Review 2023
3.8
4.3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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

FBS: $140 Level Up Bonus

FBS Makes Copytrading Risk-Free On Your First Three Trades

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
  • Free demo account
  • MetaTrader 4 platform integration
  • Low minimum deposit for newer traders
  • Copy trading service with passive income opportunities
  • Multiple payment methods including bank cards and wire transfers
  • Strong regulatory oversight with licenses from ASIC and FSCA
  • Full range of investments including forex, stocks and cryptocurrencies
  • Great choice of account types including crypto, cent and ECN accounts, with decent spreads at 0.7 pips
  • Trusted broker with top-tier licenses, several notable awards and negative balance protection
  • No commission on deposits or withdrawals and low minimum deposits, ideal for beginners
  • NDD technologies ensure fast order execution within 0.4 seconds and no requotes
  • Comprehensive learning section with tailored courses, webinars and trading ideas
  • MT4 and MT5 platforms, plus a proprietary app with accessible 24/7 support
Cons
  • No welcome bonuses
  • Fairly high commission on raw spreads accounts
  • Deposit and withdrawal fees on some funding types
  • Complicated list of account types, with some offering limited asset selections
  • Fewer account types for EU clients
  • Average spreads on some assets
  • No copy trading
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
  • Best Customer Service Broker WBO 2022
  • Most Reliable Forex Broker MENA 2020
  • Best Social Trading Application MENA 2020
  • Best Mobile Trading Platform Asia 2020
  • Best FX Broker Europe 2019
  • Most Transparent Forex Broker 2018
  • Best Forex Broker Asia 2018
  • Best Safety of Client Funds Asia 2015
Instruments
CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies CFDs, forex, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10 $5
Trading Platforms
  • MT4
  • MT5
  • MT4
  • MT5
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
  • USD
  • AUD
  • USD
  • EUR
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.

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
  • 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
  • ADA
  • ALG
  • AVA
  • BAT
  • BCH
  • BNB
  • BTC
  • DOG
  • DOT
  • DSH
  • EOS
  • ETC
  • ETH
  • FIL
  • IOT
  • LNK
  • LTC
  • MKR
  • MTC
  • NEO
  • OMG
  • SHB
  • SOL
  • TRX
  • UNI
  • VEC
  • XLM
  • XMR
  • XRPZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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