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OTSO Markets vs INGOT Brokers
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, OTSO Markets currently holds a stronger overall rating (5) than INGOT Brokers (4.2).
OTSO Markets has a lower minimum deposit, at 20.0.
Both platforms offer their clients demo accounts.
Traders should note that
both companies offer the same minimum lot size 0.01, but OTSO Markets has a maximum lot size of 50.0, while INGOT Brokers offers 20.0.
OTSO Markets offers a greater leverage limit of 1:1000, whereas INGOT Brokers allows a maximum of only 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 20.0 | 100.0 |
| Commission | - | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 50.0 | 20.0 |
| Spread | Variable | Variable |
| Broker type | ECN | STP |
| Maximal leverage (1:?) | 1000 | 500 |
| Availability | ECN | STP |
| Regulation | FSCA (South Africa) | FSA (Seychelles), ASIC (Australia), FSCA (South Africa), CMA (Saudi Arabia), JSC (Jordan) |
| Trading Platforms | MetaTrader 4 (MT4) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Crypto | Wire Transfer, Credit Card, Neteller, Skrill, Bitcoin |
| Account Currency | USD, THB, VND, USDT | USD, EUR, AUD |
| Languages | English, Chinese, Indonesian, Thai, Vietnamese | English, Spanish, French, Chinese, Arabic, Urdu |
| Country | South Africa | Australia |
| Trading platform(s) timezone | South Africa | Australia, Jordan, Kenya, Seychelles, South Africa |
| Other trading instruments | - | Stocks, Futures, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
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