INGOT Brokers Review

Rana Adnan | March 27, 2022

INGOT Brokers is an online trading broker offering over 1000 trading instruments across 8 different asset classes, including forex, metals, ETFs, equities, agriculture, indices, energies, and cryptocurrencies, for trading online via its award-winning trading platforms.

Broker Pros / Cons
  • Over 1,000 financial instruments
  • Advanced trading platforms
  • Multiple account options
  • A range of trading tools & educational resources
  • Limited payment options
  • No US clients
  • No daily market analysis
  • No social trading platform integration

Summary

With over 10 years of market experience, INGOT Brokers offers endless trading opportunities, all in one place. They provide clients with the highly advanced MT4 and MT5 trading platforms for online trading of over 1,000 assets. Clients get access to a good selection of educational materials, trading tools, and a professional customer support team. They also offer negative balance protection to clients.

Regulation

INGOT Brokers is authorized and regulated by the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA Number: 24172 IBC 2017). INGOT Brokers (Australia) Pty (ACN 159895434) holds an Australian financial services license (AFSL Number: 428015).

The broker’s services are not intended for use by any person in any jurisdiction where such use would be contrary to local laws or regulations. They do not accept US clients.

Platforms

MT4/MT5 Trading Platforms

The broker provides traders with the highly advanced MetaTrader 4 and MetaTrader 5 trading platforms. Both are considered one of the best trading platforms of choice by most forex traders, thanks to the wide array of built-in charting and analytical tools and the support for automated trading with Expert Advisors (EAs).

The platforms are available as desktop applications for Windows and Mac computers, WebTraders, and mobile apps for Android and iOS devices. The web version can run in most popular web browsers without needing to download or install any additional software whereas the mobile trading app is useful for those who need to manage their trades whilst on the go from anywhere in the world with an internet connection.

INGOT Brokers MT4 & MT5 Trading Platforms

INGOT Brokers MT4 & MT5 Trading Platforms

Tools

In addition to the built-in tools of the MT4/MT5 trading platforms, traders also get access to some standalone trading tools, such as Economic Calendar, Trader’s Calculator, Currency Converter, and more.

Education

The broker’s website contains a good selection of educational resources, including Blogs, Market trends, Announcements, Insights, and a FAQ section.

INGOT Brokers Trading Blog

INGOT Brokers Trading Blog

Markets

INGOT Brokers allows clients to trade over 1,000 instruments across eight different asset classes, which includes forex, metals, ETFs, equities, agriculture, indices, energies, and cryptocurrencies.

Accounts

INGOT Brokers offers a good choice of multiple trading accounts types. They include the ECNAccount ($100), Professional Account ($100), and Prime Account ($25,000). Each of the account types can either be opened as an individual, joint, corporate, or agent account. Demo accounts are also provided for practice purposes.

INGOT Brokers Account Types

INGOT Brokers Account Types

Support

The broker offers a 24/6 client support via telephone, email, Live Chat, and social media.

Funding

The broker accepts the following payment methods: bank transfer, cryptocurrency, and Neteller.

Signup

The account opening process is easy and direct. Click on the ‘Open Live Account’ icon and fill out all the required fields. Then, click on ‘Open Account’ to proceed. Once you receive approval via email, you can fund your account to start trading online.

INGOT Brokers Account Opening Page

INGOT Brokers Account Opening Page

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

Founded in 2006, INGOT Brokers is a regulated broker that offers over 1,000 tradable assets for online trading via the MT4/MT5 platforms. They provide clients with some trading tools, educational resources, and multilingual support. However, the broker does not have any social trading platform integration or daily market analysis. They could also improve on the variety of funding options offered.

INGOT Brokers Logo

Min $100 Deposit

INGOT Brokers is an online trading broker offering over 1,000 trading instruments across 8 different asset classes, including Forex & CFDs for trading online via its trading platforms.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Rana Adnan
I am an introverted long-distance runner and a Forex trader with more than 7 years of experience. Reminiscences of a stock operator was the first book that changed the whole concept of trading for me.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.

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