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Tastyworks vs Ingot Brokers

Tastyworks or Ingot Brokers – which is better for UK traders 2024? Compare Tastyworks and Ingot Brokers in this detailed breakdown of their platforms, features and fees.

Tastyworks vs Ingot Brokers Comparison Table 2024
Tastyworks	Ingot Brokers

3	3.8
Tastyworks is ranked #118 among UK brokers.	Ingot Brokers is ranked #42 among CFD brokers.
Review	Review
tastytrade is an award-winning brokerage, launched in 2017. The brand specializes in futures, options and stock trading with US and Australian regulatory oversight. The proprietary trading interface, designed by the creators of Thinkorswim, is powerful with plenty of integrated tools to suit active traders.	Ingot Brokers is a multi-regulated brokerage established in 2006. The broker offers CFD trading opportunities on 1000+ instruments including forex, stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers both raw spreads and commission-free account options.
Pros
Transparent pricing model including a $1 commission on stocks and ETF options, with maximum limits per leg for some assets Wide range of asset classes including options, futures, stocks, ETFs and indices with the majority available to trade 24/5 Good choice of account types suitable for various investment goals including IRAs and individual/joint trading accounts Powerful proprietary platform with detailed insights, real-time trading videos, and order adjustment features Excellent regulatory oversight from FINRA, NFA and ASIC with SIPC insurance for US clients	Traders can access the market-leading MT4 and MT5 platforms, collectively offering dozens of advanced technical indicators and charting tools for detailed analysis Ingot Brokers offers a copy trading service with passive income opportunities for experienced strategy providers The low $100 minimum deposit and the option to trade with zero commissions will appeal to newer traders Ingot Brokers holds multiple regulatory licenses, including one from the top-tier regulator, ASIC Multiple free payment methods are available, including bank transfers and crypto payments
Cons
Less suitable for beginners with no demo account and basic educational resources Narrow range of instruments with no forex trading No credit/debit card payments USD base currency only No 529 plan	The range of 30+ currency pairs is below the industry average and won’t be sufficient for serious forex traders The broker’s educational resources and market research trail most competitors The ECN account offers fewer assets than the other account types
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
Stocks, ETFs, Cryptos, Futures, Options	CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies
Demo Account
No	Yes
Minimum Deposit
$0	$10
Payment Methods
ACH Transfer Wire Transfer	Credit Cards Debit Card Mastercard Neteller PayPal Skrill Visa Wire Transfer
Minimum Trade
	0.01 Lots
Regulator
SEC, FINRA	ASIC, FSCA, JSC, FSA, CMA
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating

Android App Rating

Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	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	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	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
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Ingot Brokers offers a bespoke copy trading app where users can copy seasoned traders with low fees and detailed performance metrics. Beginners can learn from seasoned traders who in turn can generate a second revenue stream by marketing their trades.
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
	USD AUD
Commodities
	Coffee Cocoa Sugar Corn Wheat Soybeans Oil Natural Gas Gold Silver Platinum
CFD
	Ingot Brokers offers CFD trading on 1000+ instruments including stocks, commodities and cryptocurrencies. The MT4 and MT5 platforms offer comprehensive features for active CFD traders, including multiple order types and pre-integrated 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 offers forex trading on a modest suite of 30+ currency pairs with raw spreads on the MT5 platform. There are also no restrictions on short-term trading strategies, including hedging, scalping and the use of Expert Advisors (EAs).
Assets
	30+
GBPUSD Spread
	From 0 pip
EURUSD Spread
	From 0 pip
EURGBP Spread
	From 0 pip
Cryptocurrency
tastytrade offers a small selection of cryptocurrencies, available to trade as long positions only. This includes Bitcoin, Ethereum, Litecoin and Dogecoin. But with a narrow suite of digital currencies, it isn't the best pick for high-volume crypto traders.	You can access 25 cryptocurrencies paired with USD, including BTC/USD and ETH/USD as well as smaller tokens like DOTUSD. The broker doesn’t offer a crypto wallet or exchange, although you can deposit via Bitcoin, Ethereum or Tether with zero fees.
Spread
Variable	From 0 pip
Coins
BTC ETH LTC DOGE	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
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Tastyworks	Ingot Brokers
Review	Review
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