Ingot Brokers vs FXTM

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

Ingot Brokers vs FXTM Comparison Table 2025
Ingot Brokers FXTM
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3.8
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4
Ingot Brokers is ranked #38 among CFD brokers. FXTM is ranked #69 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. FXTM, founded in 2011, is a forex and CFD broker operating worldwide. Regulated by top authorities such as the FCA, it provides a secure trading environment. With over 1,000 markets and three account types, FXTM accommodates traders of all experience levels.
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.
  • FXTM’s UK division provides exceptional client safeguards, including top-tier coverage of up to $1 million per client and segregated accounts, reinforcing security for traders with substantial balances.
  • FXTM stands out as a leading MetaTrader brokerage, offering custom MT4 tools like a Pivot Point Indicator, Pip Value Calculator, and Spread Indicator for more accurate trading.
  • FXTM offers an impressive selection of payment options, with a focus on local solutions in Africa and Asia such as M-Pesa and TC Pay Wallet. E-wallet withdrawals are processed rapidly, often within 30 minutes, accommodating traders needing swift fund access.
  • FXTM’s Advantage and Advantage Plus accounts provide tight spreads starting at 0.0 pips and charge low or zero commissions, tailored for traders aiming to reduce expenses.
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.
  • FXTM is well-regulated in the UK, but this coverage isn't global. Therefore, although negative balance protection is available, traders outside the UK might face limited options for resolving disputes.
  • FXTM's educational resources, including its insightful e-books, have significantly improved. However, these materials are predominantly aimed at novices, which may not attract seasoned traders.
  • FXTM provides only MetaTrader 4/5 for desktop trading, lacking a bespoke platform such as eToro's for a tailored experience. MetaTrader 4/5 is becoming outdated for active traders.
  • FXTM specialises in CFDs and a select range of stocks but does not offer ETFs, options, or futures. This may restrict diversification for traders aiming to explore various market opportunities.
  • FXTM imposes a $10 inactivity fee following just three months without trading. This is shorter than the period many brokers offer and might frustrate those who do not trade regularly.
  • FXTM Invest, a user-friendly copy trading app, offered comprehensive performance statistics and risk assessments for Strategy Managers. However, it was discontinued in 2024, restricting passive traders' options.
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
  • Best Trading Experience 2021 - World Finance Awards
  • Best Online Leveraged Trading Services 2021 - Global Business Awards
  • Best Forex Education Partner Nigeria 2021 - World Business Outlook
  • Best Trading Experience 2020 - World Finance Awards
  • Best ECN Broker 2020 - DayTrading.com
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies CFDs, Forex, Commodities, Indices, Stocks, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 $200
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FSCA, JSC, FSA, CMA FCA, FSC, CMA
Mobile Apps
iOS & Android iOS & Android
Trading App

FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the broker also supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.

iOS App Rating
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4.8
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4.8
Android App Rating
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4.6
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4.4
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
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 Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes Yes
PAMM Account
No Yes
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 Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
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
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • AUD
  • USD
  • EUR
  • GBP
  • NGN
Commodities
  • Coffee
  • Cocoa
  • Sugar
  • Corn
  • Wheat
  • Soybeans
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Platinum
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Precious Metals
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. FXTM provides CFDs in over 600 instruments, including forex, stocks, commodities, indices, and location-dependent crypto, with recently reduced spreads. Experienced traders can access industry-leading leverage of up to 1:3000 via Exinity Ltd, enhancing potential returns but requiring careful risk management.
Leverage
1:500 1:30
FTSE Spread
From 0 pip 0.8
GBPUSD Spread<
From 0 pip 0.1
Oil Spread
From 0 pip 5.0
Stocks Spread
From 0 pip 0.1
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. FXTM excels with a robust offering of more than 60 currency pairs, outperforming rivals such as AvaTrade. Its six currency indices provide traders with excellent options for forex diversification. Additionally, the ECN account delivers ultra-competitive spreads from 0 pips on major currencies and features attractively low commission rates of only $3.50 per lot.
Assets
30+ 60+
GBPUSD Spread
From 0 pip 0.1
EURUSD Spread
From 0 pip 0.0
EURGBP Spread
From 0 pip 0.0
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • AUD
  • NZD
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 cryptocurrency CFDs on 11 popular digital tokens like Bitcoin, Avalanche, and Dogecoin. Benefit from competitive floating spreads and low minimum lot sizes starting at 0.01, ideal for both new traders and seasoned investors.
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
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Ingot Brokers FXTM
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