Ingot Brokers vs Bitfinex
Ingot Brokers or Bitfinex – which is better for UK traders 2024? Compare Ingot Brokers and Bitfinex in this detailed breakdown of their platforms, features and fees.
Ingot Brokers | Bitfinex |
---|---|
![]() |
![]() |
Ingot Brokers is ranked #43 among CFD brokers. | Bitfinex is ranked #40 among crypto brokers. |
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 2012, Hong Kong-based Bitfinex is a formidable player in the crypto industry. It boasts a powerful proprietary platform, 180 cryptocurrencies and more than 430 market pairs available for spot or perpetual swaps derivatives trading. With new payment methods, lower entry barriers and fresh products like crypto futures, Bitfinex is attracting a wider range of active crypto traders. |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
FCA Regulated | |
No | No |
Instruments | |
CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies | Cryptocurrencies |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $0 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | $10 |
Regulator | |
ASIC, FSCA, JSC, FSA, CMA | |
Mobile Apps | |
iOS & Android | iOS & Android |
Trading App | |
Bitfinex provides a mobile application that mirrors the full functionality of its web platform, facilitating seamless crypto trading on the move. The app also includes a Lite Mode for a simplified trading experience, presenting a more user-friendly interface for trading, staking, and lending cryptos, requiring just a few taps. The app is downloadable from both Apple’s App Store and Google’s Play Store, though app store ratings demonstrate a superior user experience on iOS devices. |
|
iOS App Rating | |
Android App Rating | |
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 | 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 | No |
P2P Trading | |
No | Yes |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
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 | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $5 |
Islamic Account | |
Yes | No |
Account Currencies | |
|
|
Commodities | |
|
|
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 | |
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. | Bitfinex provides access to an exceptional variety of crypto assets, encompassing over 180 tokens. In addition to spot trading, the platform supports perpetual swaps trading, enabling traders to engage in margin trading on crypto assets with leverage up to 1:10. With digital tokens frequently listed and delisted, Bitfinex provides diverse opportunities to participate in the dynamic cryptocurrency market. |
Spread | |
From 0 pip | Taker (0.2% to 0.055%) and maker (0.1% to 0.0%) |
Coins | |
|
|
Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
Ingot Brokers | Bitfinex |
More Comparisons | |
Ingot Brokers vs |
Bitfinex vs |