Swissquote vs Ingot Brokers

Swissquote vs Ingot Brokers Comparison Table 2023
Swissquote Ingot Brokers
4
3.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.

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
"We recommend Swissquote for experienced traders due to the $1000 minimum deposit and advanced trading tools. Swissquote is also a good option for investors looking for a sophisticated robo-advisory service." "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
  • Huge range of products including CFDs, futures and options
  • Scalping, day trading and swing trading strategies supported
  • Swiss-listed and regulated with a strong track record
  • Ebanking and cryptocurrency Bitcoin exchange services
  • Multi-currency account with 22 currencies
  • MetaTrader 4 and MetaTrader 5 integration
  • Autochartist and Trading Central tools
  • Free demo account
  • FCA-regulated
  • APIs
  • 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
  • High minimum deposit of $1000
  • Complex suite of services and tools
  • Higher than average fees on some products
  • 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
Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent) CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$1000 $10
Trading Platforms
  • MT4
  • MT5
  • AutoChartist
  • TradingCentral
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, FINMA, DFSA, SFC ASIC, FSCA, JSC, FSA, CMA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
Yes Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
Yes No
Negative Balance Protection
Yes Yes
Market Maker
Yes 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
Yes No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • SEK
  • CHF
  • AED
  • USD
  • AUD
Stock Exchanges
Commodities
CFD Trading
Swissquote offers spot, forward and synthetic contracts on a breadth of markets, including stocks, indices, bonds and commodities. The pricing model is transparent with no hidden fees. Clients can diversify portfolios and hedge risk with low margin requirements. 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
1:30 1:500
FTSE Spread
0.9 From 0 pip
GBPUSD Spread
1.3 From 0 pip
Oil Spread
0.02 From 0 pip
Stocks Spread
N/A From 0 pip
Forex Trading
Swissquote offers trading on a huge range of forex assets, covering 80+ currency pairs. Spreads start from 1.3 pips with the Premium account and there are zero commissions. Micro, mini and standard lot sizes are available plus options contracts on major currencies. 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
1.3 From 0 pip
EURUSD Spread
1.3 From 0 pip
EURGBP Spread
1.5 From 0 pip
Assets
80+ 30+
Cryptocurrency
Swissquote offers online trading on a decent selection of 35+ cryptos 24/7. The digital asset class provides high volatility within a regulated trading environment at Swissquote. A digital wallet is also available to securely store tokens. 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
Variable From 0 pip
Coins
  • BTC
  • LTC
  • BTC
  • ETC
  • XLM
  • REP
  • ADA
  • AAVE
  • ALGO
  • MKR
  • DOT
  • MATIC
  • SAND
  • APE
  • ETH
  • XRP
  • LINK
  • EOS
  • XTZ
  • FILE
  • DOGE
  • ADA
  • AVA
  • 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
Yes No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
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