Company profile
INGOT BROKERS Review SummaryFounded2019Registered Country/RegionSeychellesRegulationASIC, FSAMarket InstrumentsForex, Commodities, Crypto, Indices, Stocks, ETFs, CFDsDemo Account✅LeverageUp to 1:5000SpreadFrom 0.7 pips (EUR/USD, EVO account)Trading PlatformMetaTrader 4 (MT4), MetaTrader 5 (MT5), INGOT Copy Trader, INGOT Web/Mobile App (coming soon)Min Deposit$10Customer Support24/6Support email: customerservice@ingotbrokers.comGeneral inquiries email: customerservice@ingot.ioPhone: 002484345580INGOT BROKERS Information INGOT BROKERS was established in 2019 and is regulated by both ASIC and FSA. The broker offers multi-platform access to over 1,000 assets and satisfy both beginner and experienced traders.Pros and ConsPros Cons Regulated by ASIC and FSAProprietary mobile apps not yet launchedOver 1,000 instruments availableHigher spread on the Standard accountLow minimum deposit ($10) and zero commission feesNo clarity on inactivity feeIs INGOT BROKERS Legit? INGOT Brokers is a regulated broker. It holds an ASIC license in Australia under INGOT AU PTY LTD (License No. 000428015) and is also offshore regulated by the Seychelles FSA under INGOT Global Ltd (License No. SD117).What Can I Trade on INGOT BROKERS? INGOT BROKERS offers over 1,000 tradeable instruments across multiple asset classes.Tradable Instruments Supported Forex✅Commodities✅Crypto✅CFD✅Indexes✅Stock✅ETF✅Account Types INGOT Brokers offers two main live account types: EVO and Standard. Both accounts provide access to over 1,000 instruments and support multiple platforms including MT4, MT5, INGOT Web/Mobile, and Copy Trader. A demo account and Islamic (swap-free) option are available for both accounts.Account TypeMin DepositEUR/USD SpreadLeverageSwap-FreeBest ForEVO$10From 0.7 pipsUp to 1:5000 on Forex Majors✅Beginners & low-capital tradersStandard$100From 1.2 pipsSame as EVO + more futures assets✅Intermediate traders needing broader accessLeverage INGOT Brokers offers flexible leverage up to 1:5000, depending on the asset class. Leverage can significantly magnify profits but also increases the risk of large losses.INGOT BROKERS Fees Compared to the industry average, INGOT Brokers offers generally low trading fees. There are zero commissions on trades and tight spreads, especially for the EVO account.Account TypeEUR/USD SpreadCommissionEVOFrom 0.7 pips$0StandardFrom 1.2 pips$0Non-Trading Fees INGOT Brokers does not charge for deposits or withdrawals, and there is no publicly listed inactivity fee.Non-trading Fees Deposit Fee$0 – FreeWithdrawal Fee$0 – FreeInactivity FeeNot specified (likely none)Trading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersMetaTrader 4 (MT4)✔Windows, macOS, iOS, AndroidTraders seeking powerful tools and charting capabilitiesMetaTrader 5 (MT5)✔Windows, macOS, iOS, AndroidAdvanced traders needing deeper analysis and fast executionINGOT Copy Trader✔Web, mobileBeginners or social traders copying expert strategiesINGOT iOS / Android App❌ (Coming Soon)iOS / AndroidWill be suitable for mobile-first traders once launchedDeposit and Withdrawal INGOT BROKERS does not charge any deposit or withdrawal fees. The minimum deposit requirement starts from just $10, depending on the account type.MethodMin. AmountFeesProcessing TimeBank Transfer$10FreeVaries by method, usually fastWire Transfer$10FreeVaries by methodVisa / Mastercard$10FreeInstant to a few minutesCrypto (BTC, ETH etc.)$10FreeInstant to a few hoursInterac$10FreeVariesiPay / Local Gateways$10FreeInstant or up to 5 business daysThunderX Pay$10FreeInstant or up to 5 business daysGate to Pay$10FreeInstant or up to 5 business daysLocal Transfer (Thailand, Africa, etc.)$10FreeInstant to a few days
Evise
Mexico
INGOT BROKERS offers diverse account types with flexible leverage options, catering to traders of all levels. Their platform is user-friendly and their services are top-notch, making them a great choice for anyone looking to trade in the financial markets.
Positive
2024-07-24