Ingot Brokers vs DNA Markets

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

Ingot Brokers vs DNA Markets Comparison Table 2024
Ingot Brokers DNA Markets
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3.8
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3.5
Ingot Brokers is ranked #40 among CFD brokers. DNA Markets is ranked #92 among CFD 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.
DNA Markets has closed or no longer accepts UK clients.
DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 800+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.
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
  • After a recent upgrade, there are now over 800 assets available to trade via CFDs, with a particularly impressive range of 120+ cryptos
  • Short-term trading strategies are permitted including scalping and automated trading using Expert Advisors (EAs)
  • Convenient account funding is available with 7 base currencies, a $100 deposit and a wide range of payment methods
  • You can access low trading fees with spreads from 0.0 pips in the Raw account and zero non-trading fees
  • DNA Markets offers top-rate platforms and charting tools for traders with access to MT4 and MT5
  • The broker provides 24/5 customer support with response times of <2 minutes during testing
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
  • Although it continues to strengthen its client base and reputation, DNA Markets lacks the track record of top brokers like Vantage
  • Unlike many alternatives, there are limited educational and research tools for traders seeking an all-in-one solution
  • Despite access to MT4 and MT5, there is no proprietary trading app for seamless account management whilst on the go
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
Instruments
CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies CFDs, Forex, Indices, Commodities, Stocks, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FSCA, JSC, FSA, CMA ASIC
Mobile Apps
iOS & Android iOS & Android
Trading App

Our initial disappointment with DNA Markets’ lack of a proprietary mobile app was quickly overshadowed by the impressive functionality of the MT4 and MT5 mobile apps. These platforms deliver a seamless trading experience akin to their desktop counterparts, with smooth charting and customizable features optimized for mobile use. The addition of push notifications and plentiful daily news accessible directly from your phone ensures you’re kept in the loop with key market updates.
iOS App Rating
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4.8
Android App Rating
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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 No
ECN Account
Yes Yes
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 Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes 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. DNA Markets offers Signal Start, a user-friendly copy trading solution. The tool is easy to use and new traders enjoy the first 3 months subscription-free. On the negative side, it lacks the social trading features you get with more comprehensive apps like eToro.
Social Trading
No No
Trade Signals
Signal Start
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 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
Commodities
  • Coffee
  • Cocoa
  • Sugar
  • Corn
  • Wheat
  • Soybeans
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Platinum
  • Gold
  • Silver
  • Oil
  • Platinum
  • Zinc
  • Nickel
  • Copper
  • Palladium
  • Natural Gas
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. DNA Markets offers a recently enhanced suite of 800+ CFDs covering stocks, indices, forex, commodities and cryptos, providing opportunities to speculate on rising and falling prices. There are no restrictions on strategies with leverage up to 1:30 (Australia) or 1:500 (rest of world).
Leverage
1:500 1:500
FTSE Spread
From 0 pip 1.7
GBPUSD Spread<
From 0 pip 1.0
Oil Spread
From 0 pip 1.5
Stocks Spread
From 0 pip 1.0 cent + $0.02 per share, per side (Apple)
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). DNA Markets continues to deliver an excellent environment for forex traders with 50+ currency pairs and low spreads from 0.0 pips on the EUR/USD during tests. The MetaTrader 4 platform, available on desktop, web and mobile, was also designed specifically for forex trading.
Assets
30+ 50+
GBPUSD Spread
From 0 pip 1.0
EURUSD Spread
From 0 pip 1.0
EURGBP Spread
From 0 pip 1.0
Currency Indices
  • USD
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. You can trade a strong range of 120+ cryptos 24/7, surpassing alternatives like Vantage with its 40+ tokens. That said, the spread from 170 on Bitcoin is significantly higher than the cheapest crypto brokers.
Spread
From 0 pip $28 (Bitcoin)
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
  • 1INCH
  • AAVE
  • ADA
  • AGIX
  • ALCX
  • ALGO
  • ALPHA
  • APE
  • APT
  • ARB
  • ASTR
  • ATOM
  • AUDIO
  • AVAX
  • AXS
  • BADGER
  • BAND
  • BAT
  • BCH
  • BLUR
  • BNB
  • BNT
  • BTTC
  • CAKE
  • CELO
  • CFX
  • CHR
  • CHZ
  • CLV
  • COMP
  • CREAM
  • CRV
  • DENT
  • DODO
  • DOGE
  • DOT
  • DSH
  • DYDX
  • EGLD
  • ENJ
  • ENS
  • EOS
  • ETC
  • FET
  • FIDA
  • FIL
  • FLOW
  • FTM
  • FXS
  • GALA
  • GMX
  • GNO
  • GRT
  • HBAR
  • HOT
  • ICP
  • ICX
  • IMX
  • INJ
  • IOTA
  • KLAY
  • KNC
  • KSM
  • LDO
  • LINA
  • LINK
  • LRC
  • LUNC
  • MANA
  • MASK
  • MATIC
  • MINA
  • MRK
  • MTL
  • NEAR
  • NEO
  • NEXO
  • OMG
  • ONT
  • OSMO
  • PAXG
  • PEPE
  • PERP
  • PROM
  • PUNDIX
  • QNT
  • QTUM
  • RAY
  • REEF
  • REN
  • RNDR
  • ROSE
  • RUNE
  • SAND
  • SHIBU
  • SNX
  • SOL
  • STMX
  • STORJ
  • STX
  • SUIU
  • SUSHI
  • SXP
  • TFUEL
  • THETA
  • TRX
  • TWT
  • UNI
  • VET
  • WAVES
  • WBTC
  • XEC
  • XEM
  • XLM
  • XTZ
  • ZEC
  • ZIL
  • ZRX
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Ingot Brokers DNA Markets
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