INGOT Forex Broker keeps up-to-date with the latest trading account information, including EVO Account, Standard maximum leverage of 1:5000 on Forex Majors and Minors | 1:5000 on Gold | 1:300 on Silver | 1:1000 on Spot Indices 1:500 on Spot Energy | 1:200 on Indices Futures | 1:200 on Energies Futures | 1:100 on Metals Futures 1:50 on Cryptocurrencies | 1:50 on Stocks, trading varieties, and more
Rating Index
Pros
Ingot Brokers offers a copy trading service that provides passive income opportunities for experienced strategy providers.
The broker is regulated by multiple authorities, including the top-tier ASIC, ensuring a secure trading environment.
A wide variety of payment options are available, including bank transfers and cryptocurrencies, making deposits and withdrawals convenient.
Cons
The ECN account has a limited selection of assets compared to other account types, which may restrict trading options.
With only 30+ currency pairs available, the selection falls below the industry average, potentially limiting serious forex traders.
The educational resources and market research provided by Ingot Brokers are less comprehensive compared to many competitors, which may hinder new traders' learning experiences.
INGOT broker Accounts
EVO Account
Standard
INGOT Brokers Account Type
INGOT Brokers offers a variety of account types to cater to the diverse needs of traders. The main account types include:
- Professional Account
- Minimum Deposit: $100
- Spreads: From 1 pip
- Leverage: Up to 1:500
- Commission: $0
- ECN Account
- Minimum Deposit: $100
- Spreads: From 0 pips
- Leverage: Up to 1:200
- Commission: $7 per lot
- Prime Account
- Minimum Deposit: $25,000
- Spreads: From 0 pips
- Leverage: Up to 1:100
- Commission: $5 per lot
- Visit the Website: Go to the official INGOT Brokers website.
- Click on ‘Start Trading’: Look for the button or link that allows you to start the account opening process.
- Fill in Personal Information: Provide your first name, last name, email address, country of residence, citizenship, phone number, and choose a password.
- Select Account Type and Currency: Choose the type of account you wish to open and the currency you want to operate with.
- Review and Accept Terms: Read through the terms and conditions carefully and ensure you understand and agree to them.
- Submit Application: After filling in all required fields, submit your application.
- Verification Process: You may need to verify your identity and provide additional documents.
- Fund Your Account: Once your account is approved, fund it using the available deposit methods.
- Start Trading: After funding, access the trading platform and begin trading.
These accounts provide access to a wide range of asset classes, different leverage options, and competitive trading conditions. The Professional account is ideal for beginners, while the ECN account is designed for more experienced traders seeking tighter spreads.
INGOT Brokers Broker Account Opening Process
To open an account with INGOT Brokers, follow these steps:
These steps ensure a smooth account setup process, allowing traders to engage in the financial markets efficiently.
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