InvestEngine vs Ingot Brokers

InvestEngine vs Ingot Brokers Comparison Table 2023
InvestEngine Review 2023	Ingot Brokers Review 2023
Review 3	Review 3.8
Traders from US not accepted	Traders from US not accepted See available CFD brokers
InvestEngine was founded in 2019 by the founders and CEOs of Gumtree and Ramsey Crookall, a successful independent wealth management firm. The company is regulated in the UK by the FCA and has planted itself as a strong competitor within the retail stock trading space, offering managed and DIY investment portfolios and access to more than 550 global ETFs.	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.
Comment by Reviewer
"InvestEngine is best for UK investors looking to speculate on the financial markets through low-cost ETFs. We especially like the flexible investment solutions, with both managed and DIY portfolio options."	"Ingot Brokers is a good choice for day traders of all stripes thanks to its range of instruments and extra features like copy trading."
Pros
We were impressed by the company's provision of analytics reports and strategy advice, as well as top product picks and a detailed blog Hands-on investors can benefit from completely free access to InvestEngine's services, only paying for any dealing charges We think the firm's investment platform is intuitive and impressive, making the whole experience simple and stress-free InvestEngine clients have a wide choice of investment and savings accounts to tailor solutions to their goals Managed portfolios provide professional advice and expert picks for a commission of only 0.25%	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
Cons
Any clients looking for long-term gains from individual company stock investments must look elsewhere as InvestEngine limits its products to ETFs Despite offering several account types, the firm does not support Lifetime ISAs or Self Invested Pension Pots (SIPPs) No tiered services for high-net-worth investors	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
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
ETFs	CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies
Demo Account
No	Yes
Minimum Deposit
£100	$10
Trading Platforms
Own	MT4 MT5
Payment Methods
ACH Transfer Wire Transfer	Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Neteller PayPal POLi Skrill Visa Wire Transfer
Minimum Trade
$1	0.01 Lots
Regulator
FCA	ASIC, FSCA, JSC, FSA, CMA
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
Yes	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	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.
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
GBP	USD AUD
Stock Exchanges
	Australian Securities Exchange DAX GER 40 Index Dow Jones FTSE UK Index Nasdaq S&P 500
Commodities
Gold Oil Silver	Cocoa Coffee Corn Gold Natural Gas Oil Platinum Silver Soybeans Sugar Wheat
CFD Trading
CFD trading not offered	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.
Leverage
	1:500
FTSE Spread
	From 0 pip
GBPUSD Spread
	From 0 pip
Oil Spread
	From 0 pip
Stocks Spread
	From 0 pip
Forex Trading
Forex trading not offered	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.
GBPUSD Spread
	From 0 pip
EURUSD Spread
	From 0 pip
EURGBP Spread
	From 0 pip
Assets
	30+
Cryptocurrency
Crypto trading not offered	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.
Spread
	From 0 pip
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
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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