Ingot Brokers vs FXCM

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

Ingot Brokers vs FXCM Comparison Table 2025
Ingot Brokers FXCM
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3.8
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4
Ingot Brokers is ranked #38 among CFD brokers. FXCM is ranked #25 among CFD 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. FXCM, a reputable forex and CFD broker founded in 1999, is headquartered in the UK. It has garnered multiple accolades and operates in several regions, including the UK and Australia. Offering more than 400 assets and comprehensive analysis tools without any commission charges, FXCM is a favoured option among traders. The broker is also under the regulation of leading bodies such as the FCA, ASIC, CySEC, FSCA, and BaFin.
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.
  • In addition to its four charting platforms, FXCM provides a superior selection of specialist software for seasoned traders, featuring QuantConnect, AgenaTrader, and Sierra Chart.
  • The proprietary Trading Station platform is an excellent option for traders seeking a comprehensive tool for their short-term and automated strategies.
  • Traders have access to premium tools such as a market scanner, forex signals, and research from the third-party site eFXPlus.
  • FXCM boasts a strong international reputation, holding licences from the FCA, ASIC, CySEC, and FSCA. With two decades of experience, it commands respect in the trading industry.
  • A variety of funding options, such as bank cards, Apple Pay, and PayPal, are available with immediate processing.
  • The broker provides reduced spreads and additional benefits for seasoned traders through the Active Trader account.
  • FXCM has broadened its range of trading opportunities by offering 24/7 stock CFDs via MetaTrader 4.
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.
  • While FXCM primarily caters to seasoned traders, the absence of managed accounts is unfortunate.
  • There are no retail account options available for traders, and Cent/Micro account alternatives are also absent.
  • The live chat support is often sluggish and inconsistent when compared to leading competitors.
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

Yes
Instruments
CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies Forex, Stock CFDs, Commodities CFDs, Crypto CFDs
Demo Account
Yes Yes
Minimum Deposit
$10 $50
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
ASIC, FSCA, JSC, FSA, CMA FCA, CySEC, ASIC, FSCA, BaFin, CIRO
Mobile Apps
iOS & Android iOS and Android
iOS App Rating
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4.8
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3.1
Android App Rating
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4.6
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4.5
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
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 Yes
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 Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
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. FXCM provides social and copy trading options for forex, CFDs, and cryptocurrencies via the widely-used ZuluTrade platform. Registration is swift, and you can monitor your trading outcomes instantly.
Social Trading
No Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
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
  • EUR
  • GBP
  • AUD
Commodities
  • Coffee
  • Cocoa
  • Sugar
  • Corn
  • Wheat
  • Soybeans
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Platinum
  • Gold
  • Oil
  • Silver
  • Cannabis
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. You can engage in trading various CFD instruments, such as forex, shares, indices, and commodities. Traders have access to a superb choice of platforms, including TradingView and MT4. Additionally, advanced trading tools like API solutions cater to experienced algorithmic traders.
Leverage
1:500 1:400
FTSE Spread
From 0 pip 1.18 pts var*
GBPUSD Spread<
From 0 pip 0.5 pips*
Oil Spread
From 0 pip 0.05 (var)*
Stocks Spread
From 0 pip 0.2% Var*
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. FXCM provides a selection of over 40 currency pairs. There are no commission charges, and spreads are competitive, starting at 0.78 pips for EUR/USD. Additionally, the broker features three forex baskets, focusing on USD, Yen, and emerging market benchmarks.
Assets
30+ 40
GBPUSD Spread
From 0 pip 0.5 pips var*
EURUSD Spread
From 0 pip 0.2 pips var*
EURGBP Spread
From 0 pip 0.5 pips var*
Currency Indices
  • JPY
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 popular digital currencies with no commission and leverage. FXCM offers a crypto basket, providing exposure to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash in a single trade.
Spread
From 0 pip Variable
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
  • LTC
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Ingot Brokers FXCM
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