About its history and mission
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
- Headquarters
- Not available
- Address
- Not available
- Website
- Not available
Strengths and Weaknesses
Strengths
- 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
Watchouts
- 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 Regulations
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.
Regulators
- FSA
- JSC
- CMA
- ASIC
Instruments Available
Types of Accounts
Prime
- Minimum deposit
- $0
- Commission
- 0.0
- Markets/tools
- 0
- Leverage
- 1:1 to 1:5000
- Margin call
- Not available
- Stop-out
- 25
ECN
- Minimum deposit
- $0
- Commission
- 0.0
- Markets/tools
- 0
- Leverage
- 1:1 to 1:5000
- Margin call
- Not available
- Stop-out
- 25
Professional
- Minimum deposit
- $0
- Commission
- 1.0
- Markets/tools
- 0
- Leverage
- 1:1 to 1:5000
- Margin call
- Not available
- Stop-out
- 25
Fees and Charges
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.
- Prime commission
- 0.0
- ECN commission
- 0.0
- Professional commission
- 1.0
Trading Platforms
Customer Support
Contact information is not available in the current broker profile.
Deposits and Withdrawals
Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.
Review Methodology
InvestorTrip reviews use the available broker profile, account terms, fee evidence, regulation data, platform coverage and user-review records in the current dataset. Missing fields are shown as unavailable instead of being filled with assumptions.
Read how we rate brokersFAQ
How Do I Register with INGOT Brokers?
Requirements for Verification
Users reviews
No user reviews yet for INGOT Brokers.