Ingot Brokers vs Bitfinex

Ingot Brokers or Bitfinex – which is better for UK traders 2025? Compare Ingot Brokers and Bitfinex in this detailed breakdown of their platforms, features and fees.

Ingot Brokers vs Bitfinex Comparison Table 2025
Ingot Brokers Bitfinex
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3.8
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3.9
Ingot Brokers is ranked #38 among CFD brokers. Bitfinex is ranked #33 among crypto brokers.
Review
Review
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. Founded in 2012, Bitfinex, headquartered in Hong Kong, is a significant force in the cryptocurrency market. It offers a robust proprietary platform with access to 180 cryptocurrencies and over 430 market pairs for spot and perpetual swaps trading. With recent additions such as new payment options, reduced entry barriers, and innovative products like crypto futures, Bitfinex is drawing an even broader spectrum of active traders.
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.
  • While initially challenging, the Bitfinex platform excels for experienced traders. It offers an extensive charting suite with 12 timeframes, along with margin trading and a range of order types.
  • Bitfinex offers superb liquidity across its cryptocurrency trading pairs, minimising slippage and ensuring efficient order execution. This reliability makes it a trustworthy choice for traders, especially when handling large volumes.
  • Following an expansion of its offerings, Bitfinex now provides access to more than 180 cryptocurrencies. This includes major coins like Bitcoin and Ethereum, as well as volatile altcoins that might attract traders.
  • Bitfinex is ideal for algorithmic traders, offering automated trading via its Honey terminal and API. This setup allows traders to efficiently programme their strategies.
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.
  • Although Bitfinex has improved security by implementing two-factor authentication, it remains haunted by a persistent history of significant security breaches and regulatory penalties.
  • Bitfinex, similar to numerous crypto exchanges, functions within a regulatory grey area, potentially increasing risks for traders. This contrasts with more reputable trading platforms such as eToro.
  • Bitfinex no longer requires a $10,000 minimum deposit, thus becoming more accessible to new traders. However, its fee structure is complex. Fees depend on factors like trading volume and token holdings, which may cause confusion.
  • Testing indicates insufficient support, particularly for active traders. Email response times are sluggish, taking up to 12 hours. The user experience is also disappointing due to the lack of integrated live chat within the trading platform.
  • For traders and investors seeking a straightforward approach, platforms such as eToro, Gemini, and Kraken offer excellent choices.
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
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10 $0
Payment Methods
Minimum Trade
0.01 Lots $10
Regulator
ASIC, FSCA, JSC, FSA, CMA
Mobile Apps
iOS & Android iOS & Android
Trading App

Bitfinex provides a mobile application that mirrors the full functionality of its web platform, facilitating seamless crypto trading on the move. The app also includes a Lite Mode for a simplified trading experience, presenting a more user-friendly interface for trading, staking, and lending cryptos, requiring just a few taps. The app is downloadable from both Apple’s App Store and Google’s Play Store, though app store ratings demonstrate a superior user experience on iOS devices.
iOS App Rating
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4.8
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rating full
4
Android App Rating
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rating full
4.6
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3.5
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes No
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 No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes No
Copy Trading Platform
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 No
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 $5
Islamic Account
Yes No
Account Currencies
  • USD
  • AUD
  • USD
  • EUR
  • GBP
  • JPY
  • TRY
Commodities
  • Coffee
  • Cocoa
  • Sugar
  • Corn
  • Wheat
  • Soybeans
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Platinum
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.
Leverage
1:500
FTSE Spread
From 0 pip
GBPUSD Spread<
From 0 pip
Oil Spread
From 0 pip
Stocks Spread
From 0 pip
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.
Assets
30+
GBPUSD Spread
From 0 pip
EURUSD Spread
From 0 pip
EURGBP Spread
From 0 pip
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. Bitfinex offers a wide range of crypto assets, featuring more than 180 tokens. Besides spot trading, the platform allows perpetual swaps, enabling traders to use up to 1:10 leverage on crypto assets. With tokens regularly added and removed, Bitfinex presents varied opportunities for active participation in the evolving cryptocurrency market.
Spread
From 0 pip Taker (0.2% to 0.055%) and maker (0.1% to 0.0%)
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
  • BTC
  • ETH
  • USDT
  • LTC
  • XRP
  • DOGE
  • ETC
  • EOS
  • LINK
  • BCHN
  • DOT
  • DASH
  • IOTA
  • SUSHI
  • NEO
  • ZEC
  • UNI
  • ADA
  • OMG
  • MDOGE
  • BSV
  • TRX
  • XTZ
  • SOL
  • XLM
  • YFI
  • USDC
  • ZRX
  • FIL
  • VET
  • XMR
  • COMP
  • BTG
  • DAI
  • LUNA
  • CEL
  • ALGO
  • ATOM
  • EGLD
  • FTT
  • AVAX
  • MKR
  • LEO
  • BTT
  • CHZ
  • BAT
  • BAND
  • QTUN
  • CLO
  • AAVE
  • XDC
  • HEZ
  • KNC
  • ZIL
  • MANA
  • BAL
  • UOS
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
Ingot Brokers Bitfinex
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