Overview
INGOT Brokers was established in the year 2006 in order to provide the latest trading solutions for their clients on both ends of the Institutional as well as Retail spectrum. The experience in countless financial markets amassed by itself makes INGOT Brokers no stranger to transparency, openness, and good customer satisfaction.
- Founded
- 2006
Strengths and watchouts
- Traders can access the market-leading MT4 and MT5 platforms, collectively offering dozens of advanced technical indicators and charting tools for detailed analysis
- The low $100 minimum deposit and the option to trade with zero commissions will appeal to newer traders
- Ingot Brokers offers a copy trading service with passive income opportunities for experienced strategy providers
- The broker’s educational resources and market research trail most competitors
- The range of 30+ currency pairs is below the industry average and won’t be sufficient for serious forex traders
- The ECN account offers fewer assets than the other account types
Safety and regulation
INGOT assists clients in attaining their financial goals by following extremely stringent financial standards imposed by the Australian Securities and Investment Commission (ASIC) and the Financial Services Authority (FSA) in the Seychelles. Customers' funds are under custody in separate accounts in major banks. This protection from negative balancing ensures a trader does not suffer losing more than the amount in his account.
- FSA
- JSC
- CMA
- ASIC
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Commodities
- Energy
- Metals
- Stocks
- Indices
- ETFs
- Forex
- CFDs
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Prime | $0 | 0.0 | 1:1 to 1:5000 |
| ECN | $0 | 0.0 | 1:1 to 1:5000 |
| Professional | $0 | 1.0 | 1:1 to 1:5000 |
Fees and costs
Spreads on ECN accounts begin at 0.0 pips per account while standard accounts avoid commission fees and charge by 1.4 pips; in addition, customer money management fees are adjusted from account to account. Overnight swap fees normally apply on customers' positions during the night, as the company has clearly set them out in its agreement and they are exempt from Islamic law where they might have to charge people who leave it overnight even if it is a very small load. This is a fee charged to customers who allow their accounts to stay out of use for a long period of time, and is designed to encourage most-active trading on ecommerce platforms.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
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