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INGOT BROKERS -

Score

7.43 /10
Good

INGOT BROKERS

Seychelles

10-15 years

Regulated in Australia

Market Maker (MM)

MT4 Full License

High potential risk

Offshore Regulated

https://www.ingotbrokers.com/en

Influence

B

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Comparison

Quantity 10

Exposure

Open Account
Website

Score

Regulatory Index8.24

Business Index8.30

Risk Management Index0.00

Software Index9.43

License Index8.24

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Broker Information

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Company Name

INGOT Global Ltd

Company Abbreviation

INGOT BROKERS

Platform registered country and region

Seychelles

Company website

X

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2025-04-30
  • The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The Seychelles FSA regulation with license number: SD117 is an offshore regulation. Please be aware of the risk!

WikiFX Survey

Great

INGOT BROKERS

Australia

WikiFX Verification

Exposure

10 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

upper hand against fraudulent broker

completely avoid this company, they have issues handling withdrawal. I invested $48,000 but my withdrawal was severely delayed, it will be best to never make contact with them but if you've already invested taking extra action is what gets you access to your investment again because Ingot brokers have no intention of activating withdrawal for investors

FX1521878022
2022-10-30 01:04
Scam

Ingot is a Ponzi Scheme and even tried to sell their company to others.

Ingot is a Ponzi Scheme. I can’t withdraw on it. They illegally raised $80,000,000 in INGOT COIN project. They took them all and never gave them back to investors. Every time I sent them emails, they found themselves different excuses. This is their company address in Jordan: 7th circle 3rd behind safway cakeshop bulding amman Jordan. Now they are even trying to sell the company to other people.

FX2929577401
2019-03-21 04:18
Scam

STAY AWAY

After few weeks of trading i notice a huge slippage on my orders, even with vps 3ms from their server. I tested MT5 and MT4 and both have illegal plugins, so I decided to request a withdraw and close my account, they have denied because i didn't had 70$ on my account. I have made very clear i do not want to deposit more and they demanded more deposit to withdraw.Besides the plugins they use for slippage forcing clients to deposit more is a scam! Their are a scam, run away from this broker!!! They also show no fees to withdraw in BTC and in back-office they charge 1%, what a scammers

Mr. Rolex
2022-10-24 11:17
Unable to Withdraw

INGOT IS A SCAM

After few weeks of trading i notice a huge slippage on my orders, even with vps 3ms from their server. I tested MT5 and MT4 and both have illegal plugins, so I decided to request a withdraw and close my account, they have denied because i didn't had 70$ on my account. I have made very clear i do not want to deposit more and they demanded more deposit to withdraw.Besides the plugins they use for slippage forcing clients to deposit more is a scam! Their are a scam, run away from this broker!!! They also show no fees to withdraw in BTC and in back-office they charge 1%, what a scammers

Mr. Rolex
2022-10-24 05:04
Data Source WikiFX Data provide
Updated: 2025-04-30
INGOT BROKERS · Company summary
INGOT BROKERS Review Summary
Founded2019
Registered Country/RegionSeychelles
RegulationASIC, FSA
Market InstrumentsForex, Commodities, Crypto, Indices, Stocks, ETFs, CFDs
Demo Account✅
LeverageUp to 1:5000
SpreadFrom 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$10
Customer Support24/6
Support email: customerservice@ingotbrokers.com
General inquiries email: customerservice@ingot.io
Phone: 002484345580

INGOT 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.

INGOT BROKERS Information

Pros and Cons

Pros Cons
Regulated by ASIC and FSAProprietary mobile apps not yet launched
Over 1,000 instruments availableHigher spread on the Standard account
Low minimum deposit ($10) and zero commission feesNo clarity on inactivity fee

Is 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).

Is INGOT BROKERS Legit?
Is INGOT BROKERS Legit?

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✅
What Can I Trade on INGOT BROKERS?

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 For
EVO$10From 0.7 pipsUp to 1:5000 on Forex Majors✅Beginners & low-capital traders
Standard$100From 1.2 pipsSame as EVO + more futures assets✅Intermediate traders needing broader access
Account Types

Leverage

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 SpreadCommission
EVOFrom 0.7 pips$0
StandardFrom 1.2 pips$0

Non-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 – Free
Withdrawal Fee$0 – Free
Inactivity FeeNot specified (likely none)

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
MetaTrader 4 (MT4)✔Windows, macOS, iOS, AndroidTraders seeking powerful tools and charting capabilities
MetaTrader 5 (MT5)✔Windows, macOS, iOS, AndroidAdvanced traders needing deeper analysis and fast execution
INGOT Copy Trader✔Web, mobileBeginners or social traders copying expert strategies
INGOT iOS / Android App❌ (Coming Soon)iOS / AndroidWill be suitable for mobile-first traders once launched
Trading Platform

Deposit 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 Time
Bank Transfer$10FreeVaries by method, usually fast
Wire Transfer$10FreeVaries by method
Visa / Mastercard$10FreeInstant to a few minutes
Crypto (BTC, ETH etc.)$10FreeInstant to a few hours
Interac$10FreeVaries
iPay / Local Gateways$10FreeInstant or up to 5 business days
ThunderX Pay$10FreeInstant or up to 5 business days
Gate to Pay$10FreeInstant or up to 5 business days
Local Transfer (Thailand, Africa, etc.)$10FreeInstant to a few days
Deposit and Withdrawal

News

NewsFresh Look, Same Trust – INGOT Brokers Rebrands its Website

INGOT Brokers has undergone a comprehensive rebranding to reflect its evolution and forward-thinking vision. As part of this transformation, the company has adopted a fresh visual identity

WikiFX
2025-04-21 19:07
Fresh Look, Same Trust – INGOT Brokers Rebrands its Website

NewsCMA License Has Been Acquired By Ingot Brokers To Expand its Presence In Kenya

INGOT expands its reach on the African continent shortly after obtaining the FSCA license in South Africa.

WikiFX
2022-11-28 17:07
CMA License Has Been Acquired By Ingot Brokers To Expand its Presence In Kenya

NewsLaLiga's MENA Financial Partner Is INGOT Brokers

The first online financial broker to collaborate with a major football league is INGOT Financial Brokerage Ltd. They signed a multi-year partnership to become LaLiga's MENA Regional Financial Broker Partner. His Royal Highness Prince Ali bin Al Hussein said this to a small number of people in Amman's White Hall yesterday.

WikiFX
2022-10-19 15:11
LaLiga's MENA Financial Partner Is INGOT Brokers

NewsINGOT Brokers Obtains FSCA License and Opens New Office in South Africa

INGOT RSA (PTY) LTD (“INGOT Brokers”) today announces its official Financial Sector Conduct Authority (FSCA) license in South Africa and first physical office in Africa’s most industrialized and technologically advanced country. This long-awaited step results from INGOT Brokers’ unwavering efforts to strengthen its worldwide presence while presenting premium trading services to all investors.

WikiFX
2022-10-11 14:09
INGOT Brokers Obtains FSCA License and Opens New Office in South Africa

NewsINGOT Acquired FSA License and Establishes New Office in Seychelles

INGOT Global Ltd. ("INGOT") today announced the acquisition of a Seychelles Financial Service Authority (FSA) license and the establishment of its first physical office on the island nation.

WikiFX
2022-09-14 12:46
INGOT Acquired FSA License and Establishes New Office in Seychelles

NewsWIKIFX REPORT: INGOT Hires Adel Jibrin as CEO of Newly Opened Dubai Office

He has extensively worked with brokers in the Middle East. The broker is spearheading its business activities in the region.

WikiFX
2022-07-04 15:03
WIKIFX REPORT: INGOT Hires Adel Jibrin as CEO of Newly Opened Dubai Office

NewsWIKIFX REPORT: Exclusive: TopFX exec Curtis Marvin joins INGOT Brokers as Head of Sales

Jordan based, Arabic language market focused Retail FX broker INGOT Brokers has hired Curtis Marvin as the company’s new Head of Sales.

WikiFX
2022-07-04 14:44
WIKIFX REPORT: Exclusive: TopFX exec Curtis Marvin joins INGOT Brokers as Head of Sales

NewsWIKIFX REPORT: INGOT Brokers hires Accuindex and MultiBank alum Adel Jibrin to head new Dubai office

Ingot Financial Brokerage Ltd., a retail forex broker with a focus on the Arabic language market, has announced the launch of a new representative office in Dubai. This launch is consistent with its continuous efforts to grow, solidify, and strengthen a safe investment culture through trading.

WikiFX
2022-07-04 14:38
WIKIFX REPORT: INGOT Brokers hires Accuindex and MultiBank alum Adel Jibrin to head new Dubai office
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User Reviews

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User comment

13

Comments

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曾峥
more than one year
I would say nothing special related to this platform, even if this broker has so many advantages over those brokers I worked with, they still ignoring my emails, for instance, when I asked them why this or that happened with my order, they simply provide me with typical respond like: it has happened during to market volatility and we have nothing to do with that. Yes, I still trade with this platform, but trust me, not what I want.
I would say nothing special related to this platform, even if this broker has so many advantages over those brokers I worked with, they still ignoring my emails, for instance, when I asked them why this or that happened with my order, they simply provide me with typical respond like: it has happened during to market volatility and we have nothing to do with that. Yes, I still trade with this platform, but trust me, not what I want.
Translate to English
2022-11-25 15:14
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1
FX2433181859
more than one year
The only reliable broker providing services to Iranian customers. Appropriate spread, no slippage, fast and safe deposit and withdrawal, and professional support and always online
The only reliable broker providing services to Iranian customers. Appropriate spread, no slippage, fast and safe deposit and withdrawal, and professional support and always online
Translate to English
2024-04-26 15:29
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0
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10