Ingot Brokers or 4xCube – which is better for UK traders 2025? Compare Ingot Brokers and 4xCube in this detailed breakdown of their platforms, features and fees.
Ingot Brokers, established in 2006, is a well-regulated brokerage firm. It provides opportunities for CFD trading on over 1,000 instruments, encompassing forex, stocks, indices, commodities, and cryptocurrencies. The firm supports both MetaTrader 4 and MetaTrader 5 platforms, offering account options with raw spreads as well as commission-free trades.
4xCube operates as an online forex and CFD broker, licensed in the Cook Islands. Clients have the opportunity to engage in trading across key financial markets. They can select from three account types, tailored to their capital and chosen trading strategy.
Pros
Traders have access to the top-tier MT4 and MT5 platforms. Together, these platforms provide numerous advanced technical indicators and charting tools, facilitating comprehensive analysis.
Ingot Brokers provides a trading service that allows experienced strategy providers to earn passive income.
The modest minimum deposit of $100 and the absence of commission fees are attractive to novice traders.
Ingot Brokers is regulated by multiple authorities, including ASIC, a leading regulatory body.
Numerous free payment options exist, such as bank transfers and cryptocurrency transactions.
The top-tier trading platforms, MetaTrader 4 and MetaTrader 5, are accessible.
A broad range of payment options, including bank cards
Trade commission-free with spreads starting at just 0.1 pips.
Swift execution of trades via liquidity providers.
Top Trading Courses and Guides for Beginners
For those new to trading, high-quality courses and guides are essential. These resources provide foundational knowledge and practical insights, enabling aspiring traders to navigate the markets with confidence.
1. **Beginner-Friendly Courses**: Look for courses that cover key concepts such as market analysis, risk management, and trading strategies. These should be designed to accommodate novice traders, ensuring complex ideas are presented clearly and concisely.
2. **Comprehensive Guides**: Opt for guides that offer step-by-step instructions on setting up trading accounts, executing trades, and interpreting market data. The ideal guide should also include tips on developing disciplined trading habits and understanding market trends.
3. **Varied Learning Formats**: Consider resources that use a mix of videos, written material, and interactive elements to cater to different learning styles and reinforce understanding.
In sum, selecting the right educational materials is crucial for building a solid trading foundation.
Welcome bonuses and trading promotions offer enticing offers to traders. These incentives attract individuals to professional trading platforms by providing them with additional capital. Such promotions are typically designed to enhance the trading experience, encouraging greater engagement and offering potential for increased returns. Traders should evaluate these offers, considering terms and conditions, to leverage them effectively.
Extensive trading network on Discord
Hokocloud's trading tool offers a simplified way to engage in the financial markets. Designed for both novice and seasoned traders, this platform provides the ability to mirror the activities of successful traders seamlessly. With its user-friendly interface and advanced analytics, Hokocloud equips users with the insights needed for informed decision-making.
Cons
The selection of over 30 currency pairs falls short of the industry standard and may not meet the needs of dedicated forex traders.
The broker's educational resources and market research lag behind most competitors.
The ECN account provides a more limited range of assets compared to other account types.
The broker lacks regulation from a reputable authority.
Elevated charges for certain payment options.
US clients are not eligible.
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
Ingot Brokers provides a customised trading app that allows users to replicate experienced traders' actions, featuring low fees and comprehensive performance insights. Novice traders can gain knowledge from experts, while the latter can earn additional income by sharing their trading strategies.
Social Trading
No
Yes
Trade Signals
Yes
VPS Hosting
No
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
AUD
USD
BRL
Commodities
Coffee
Cocoa
Sugar
Corn
Wheat
Soybeans
Oil
Natural Gas
Gold
Silver
Platinum
Gold
Silver
CFD
Ingot Brokers provides trading opportunities across over 1,000 instruments, including stocks, commodities, and cryptocurrencies. The MT4 and MT5 platforms come equipped with advanced features for active traders, such as various order types and built-in technical tools.
Engage in CFD trading on forex, indices, metals, oil, and cryptocurrencies with leverage as high as 1:500. Benefit from competitive spreads and choose between zero commission or raw spreads.
Leverage
1:500
1:400
FTSE Spread
From 0 pip
1.3
GBPUSD Spread<
From 0 pip
1.1
Oil Spread
From 0 pip
0.08
Stocks Spread
From 0 pip
Variable
Forex
Ingot Brokers provides trading services for over 30 currency pairs on the MT5 platform with competitive raw spreads. Traders can freely employ short-term strategies such as hedging, scalping, and the use of Expert Advisors (EAs) without any restrictions.
4xCube provides over 60 currency pairs with favourable trading conditions. Notably, all trading strategies, such as scalping and hedging, are allowed.
Assets
30+
50+
GBPUSD Spread
From 0 pip
1.1
EURUSD Spread
From 0 pip
0.7
EURGBP Spread
From 0 pip
0.9
Cryptocurrency
You have access to 25 cryptocurrencies with USD pairings, such as BTC/USD and ETH/USD, along with smaller tokens like DOTUSD. While the broker lacks a crypto wallet and exchange, you can deposit using Bitcoin, Ethereum, or Tether without incurring any fees.
Trade five cryptocurrency CFDs: BTC, BCH, ETH, LTC, and XRP against the USD, with leverage up to 1:20. Cryptocurrencies are available for trading 24/7, including weekends.