Ingot Brokers vs AZAforex

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

Ingot Brokers vs AZAforex Comparison Table 2025
Ingot Brokers AZAforex
rating empty
rating full
3.8
rating empty
rating full
3.4
Ingot Brokers is ranked #39 among CFD brokers. AZAforex is ranked #6 among binary options brokers.
Review
Review
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. Established in 2016, AZAforex is an offshore broker offering short-term trading on 235+ global financial markets, including through binary options with payouts of up to 90%. Three accounts (Start, Pro and VIP) offer unique features, but all provide access to the broker’s Mobius Trader 7 platform, which has benefited from performance upgrades over the years.
Pros
  • 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
  • AZAforex provides high leverage of up to 1:1000, allowing for potentially greater returns with smaller capital. While this comes with increased risk, it's an attractive feature if you are an experienced trader looking for aggressive growth strategies.
  • AZAforex supports a huge and growing variety of payment methods, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies, providing flexibility for funding and withdrawals. This variety accommodates traders from different regions and preferences.
  • Few brokers offer binary options as part of their portfolio. Still, AZAforex includes them, allowing you to speculate on short-term price movements with fixed risk and reward up to 90%.
Cons
  • 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
  • AZAforex still operates without regulation from a recognized financial authority, which raises concerns about transparency, fund safety, and accountability. You may have no recourse in disputes, making it riskier than regulated brokers.
  • AZAforex offers basic trading guides and a blog but lacks robust educational tools such as video tutorials, webinars, or interactive learning resources. This makes it less appealing for beginners who need comprehensive learning support. A lot of the content is outdated, too.
  • While functional during testing, the Mobius Trader 7 platform is proprietary and not widely used by other brokers. This creates risks of potential price manipulation or discrepancies in market data, as there's no external verification like with MetaTrader or cTrader.
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 CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$10 $1
Payment Methods
Minimum Trade
0.01 Lots 0.0001 Lots
Regulator
ASIC, FSCA, JSC, FSA, CMA GLOFSA
Mobile Apps
iOS & Android iOS & Android
Trading App

AZAforex offers a mobile version of its proprietary Mobius 7 trading platform. It carries over much of the functionality, including dynamic charts, trade management and integrated news. However, the iOS experience is superior to the Android environment based on user feedback.
iOS App Rating
rating empty
rating empty
rating full
5
Android App Rating
rating empty
rating empty
rating full
2.9
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 Yes
DMA Account
No No
MAM Account
Yes No
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 No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
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 Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • MYR
  • IDR
  • CHF
  • RUB
  • THB
  • VND
  • UAH
  • CNY
Commodities
  • Coffee
  • Cocoa
  • Sugar
  • Corn
  • Wheat
  • Soybeans
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Platinum
  • Oil
  • Silver
  • Cocoa
  • Coffee
  • Cotton
  • Copper
  • Natural Gas
  • Soybeans
  • Sugar
  • Wheat
  • Gold
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. Trade over 200 CFDs with high leverage up to 1:1000 on a user-friendly if not basic proprietary platform. Underlying assets include stocks, forex and cryptos with ECN execution, though annoyingly market analysis isn’t provided consistently to inform trading decisions.
Leverage
1:500 1:1000
FTSE Spread
From 0 pip Variable
GBPUSD Spread<
From 0 pip Variable
Oil Spread
From 0 pip Variable
Stocks Spread
From 0 pip Variable
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). Trade around 50 major, minor and exotic currency pairs with ECN pricing that’s geared towards active traders or fixed spreads with no dealing desk intervention and a low starting deposit of just $1.
Assets
30+ 50+
GBPUSD Spread
From 0 pip Variable
EURUSD Spread
From 0 pip Variable
EURGBP Spread
From 0 pip Variable
Cryptocurrency
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. AZAforex has cut its selection of cryptos, now offering just a handful of major tokens like Bitcoin and Ethereum. However, it shines with its crypto funding solutions and 25% crypto bonus that makes for an attractive digital currency trading environment.
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
  • BCH
  • DASH
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
AZAforex offers binary options trading with time-dependent payouts that can be taken out from 30 seconds to 1 day. Over 50 binary options are available with a $1 minimum stake and payouts up to 90%.
Payout
90%
Expiration Times
30 seconds - 1 day
Boundary Options
No No
Ladder Options
No No
Ingot Brokers AZAforex
Review
Review
More Comparisons
Ingot Brokers
vs

 AZAforex
vs