Ingot Brokers vs BitMEX

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

Ingot Brokers vs BitMEX Comparison Table 2025
Ingot Brokers BitMEX
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3.8
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3.2
Ingot Brokers is ranked #38 among CFD brokers. BitMEX is ranked #5 among crypto brokers.
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. BitMEX, established in 2014, is a cryptocurrency exchange specialising in derivatives. The platform provides a seamless way to convert fiat to crypto, engage in spot trades, and trade crypto derivatives like perpetual contracts, traditional futures, and quanto futures. BitMEX is known for its significant market liquidity, standing as one of the top exchanges in this aspect.
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 Guilds social trading platform enables traders to join competitions and earn rewards. This includes a weekly prize pool valued at 4,000 USDT as of this writing.
  • BitMEX consistently provides a wealth of free market insights, alongside trading guides and community platforms on Discord, Telegram, and additional channels.
  • The broker ensures exceptional security by employing a mix of hot and cold wallets alongside advanced encryption for managing cryptographic keys.
  • The BMEX token offers up to 15% discounts on trading fees and other exclusive benefits when staked.
  • The platform offers extensive customisation options, enabling traders to adjust widgets and apply filters to the order book.
  • Traders can engage with investors through the intuitive chat feature integrated within the platform.
  • The specialised crypto platform is more efficient than other multi-asset terminals.
  • Traders may accrue interest by holding Tether and Bitcoin.
  • The broker provides two advanced API systems for experienced traders.
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.
  • BitMEX operates as an offshore company and lacks regulation by any reputable authority, which is typical for crypto brokers.
  • BitMEX primarily caters to active traders, offering limited tools and features for beginners.
  • The broker faced legal action from US regulators, resulting in fines.
  • Withdrawals are processed only at a designated time each day.
  • Only Bitcoin is allowed for cost-free withdrawals.
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 Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 $0.01
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
ASIC, FSCA, JSC, FSA, CMA Republic of Seychelles
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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4.8
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3.2
Android App Rating
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rating full
4.6
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rating full
3.2
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
No Yes
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 Yes
P2P Trading
No Yes
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader BitMEX Market Maker, BotVS, and via API
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 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 No
Account Currencies
  • USD
  • AUD
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. BitMEX provides an exceptionally competitive environment for crypto trading, offering low-cost $1 contracts and leverage up to 100:1. Its unique platform delivers advanced trading tools, featuring a customisable order book, a depth chart, and numerous technical indicators.
Spread
From 0 pip -0.01% maker, 0.075% taker
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
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • TRON
  • EOS
  • XMR
  • ADA
  • DOGE
  • BNB
  • DOT
  • SOL
  • SHIB
  • AVAX
  • GAL
  • NEAR
  • SUSHI
  • AXS
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No Yes
Ingot Brokers BitMEX
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