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INGOT -

Score

2.54 /10
Danger

INGOT

Seychelles

Stoppage of Business

10-15 years

Regulated in Australia

Market Maker (MM)

MT4 Full License

Regional Brokers

High potential risk

Offshore Regulated

https://www.ingot.io/SC/en-SC

Influence

B

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Comparison

Quantity 13

Exposure

Open Account
Website

Score

Regulatory Index8.24

Business Index8.30

Risk Management Index0.00

Software Index9.76

License Index0.00

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
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Broker Information

More

Company Name

INGOT SC LTD

Company Abbreviation

INGOT

Platform registered country and region

Seychelles

Company website

X

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Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2025-12-08
  • This broker bas been verified to be stoppage of business, and it has been listed in WikiFX's Stoppage of Business list. Please be aware of the risk!
  • WikiFX has received a total of 13 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Survey

Great

INGOT

Australia

WikiFX Verification

Exposure

13 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Illegal fund-raising moeny, malicious fraud

Ingot group, a unit of the ingot group, said it would refund its users, and hasn't returned a penny.Don't trust this company.

2019-01-27 05:23
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

2022-10-24 11:17
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.

2019-03-21 04:18
Scam

They've Fake Positive Review❌ This is what i faced

Fake Broker ❌ Fake Reviews ❌ Broker scams with me around 3000$ plus not gonna lie i have proofs, Withdrawal was pending from a month ago now they reject my withdrawal and take my all profits my deposit was 600$. They didn't even refund my initial deposit.

2025-11-14 10:46
Unable to Withdraw

Ingot suspended my account and detained the profit when I gained profits

If you make money, it suspends your account and detain your profits! Look at the time for holding position, that is not scalping

2018-12-31 06:05
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

2022-10-24 05:04
Unable to Withdraw

In 2018, our mainland clients were already taken advantage of by them, and my $5,230 still hasn't been successfully withdrawn!

I was introduced to this trading platform by a friend and initially didn't notice anything unusual. They promoted themselves as fully licensed in Australia, which upon verification was true. Who would have thought that after November 29, 2018, trading and withdrawals suddenly became impossible! Now they've actually started soliciting clients again! Everyone must not believe them! I swear I'm not telling a single lie!

2025-08-06 14:03
Others

Ingot fraud platform, in which the website are all closed.

In 2018,the forex business of Ingot in China has been ceased with all websites disabled,the domestic platform said that the withdrawal could be available in January,2019.So far,investors haven’t received the fund.Let ‘s get united,I have reported to the APRA and the embassy in Jordan is preparing materials.

2019-03-08 22:47
Unable to Withdraw

They won’t let me withdraw and banned my account.

I can withdraw normally before. Because I earned a lot recently in trading gold and DJI, they rejected my withdrawal request for no reason.

2018-10-17 17:53
Others

Illegal fund raising

Due to tight investment in the project group, Ingot illegally raised funds of 40 million US dollarsin the blockchain Ingot COIN for project development. After raising money, they didn’t use it to development project. The official said that the money would be returned to the investor but failed. Friends in China, we are now in contact with the investors to file legal proceedings against the illegal fund raising fraud of the Ingot Group. I can’t tell the feeling. The founder is said to win the Forbes Award. I really did not understand people who are not honest. How could the award be given to he?

2019-02-22 18:14
Scam

Scam broker

Truly fake fake fake ⚔️❌🚫❌❌❌, it will never let you allow to withdraw your amount if you make a good amount of profit, be far from this fake broker, I made a profit of 3200$ total from my 250$ deposit they are returning me only 179$ as you can see, don't invest in this fake broker please this will vanish your amount when you make withdrawal of good or low amount profit, they fix my balance when I applied my withdrawal. Stay away from this fake broker.

2025-11-14 10:35
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

2022-10-30 01:04
Unable to Withdraw

Unable to withdraw money and hard to get the complaints settle since the platform with Full license doesn’t make a reply

In December 2018, I applied for withdrawing money. I was told that the platform was no longer operating in China. After applying me, they suspended my account. It is an unscrupulous enterprise.

2019-01-29 01:18
    Data Source WikiFX Data provide
    Updated: 2025-12-08
    INGOT · Company summary
    INGOT BROKERS Review Summary
    Founded2013
    Registered Country/RegionSeychelles
    RegulationASIC (regulated), FSA (offshore)
    Market InstrumentsForex, Commodities, Cryptocurrencies, Metals, Energies, Indices, Stocks, ETFs
    Demo Account✅
    LeverageUp to 1:5000
    SpreadFrom 1.2 pips (Standard Account)
    Trading PlatformMT4, MT5, INGOT Copy Trader, INGOT App
    Minimum Deposit$10
    Customer SupportLive chat
    Email: customerservice@ingot.io, info@ingot.io
    Phone: 002484345580
    Address: Unit 3, 2nd Floor, Dekk Complex, Plaisance, Mahe, Seychelles
    Regional RestrictionsUSA

    INGOT BROKERS Information

    INGOT BROKERS is a multi-asset broker that was registered in 2013. It is based in Seychelles and is regulated by both the Seychelles Financial Services Authority (FSA) and the Australian Securities & Investments Commission (ASIC). It supports a wide range of trading products, including forex, commodities, indices, stocks, ETFs, and cryptocurrencies. It also works with a number of platforms, including MT4, MT5, and its own mobile app. However, the broker's offshore registration may make risk-sensitive traders wary, even though they have a lot of assets and adjustable leverage.

    INGOT BROKERS Information

    Pros and Cons

    ProsCons
    Regulated by ASICOffshore registration of FSA
    Wide range of tradable instrumentsRegional restriction
    Low minimum deposit ($10)Limited information on swap rates
    Demo account availableOnly two account types
    MT4 & MT5 supported
    Copy trading provided
    Live chat support

    Is INGOT BROKERS Legit?

    Regulatory AuthorityStatusCountry/RegionLicense TypeLicense No.Licensed Entity
    Australian Securities & Investments Commission (ASIC)RegulatedAustraliaMarket Maker (MM)428015INGOT AU PTY LTD
    Financial Services Authority (FSA)Offshore RegulatedSeychellesRetail Forex LicenseSD117INGOT SC LTD
    license
    license

    What Can I Trade on INGOT BROKERS?

    You can trade more than 1,000 financial products with INGOT Brokers. These include Forex pairings, commodities, indices, stock CFDs, ETF CFDs, and crypto CFDs.

    Tradable InstrumentsSupported
    Forex✔
    Commodities✔
    Cryptocurrencies✔
    Metals✔
    Energies✔
    Indices✔
    Stocks✔
    ETFs✔
    assets

    Account Types

    There are two primary sorts of live accounts at INGOT Brokers, and both work with a lot of different platforms and trading products. It also offers swap-free (Islamic) accounts if you ask for them and demo accounts for new users to practice with.

    Account TypeMinimum DepositSpreadsLeverageSwap-Free OptionDemo Account
    EVO Account$10From 0.7 pipsUp to 1:5000 (Forex)✔✔
    Standard Account$100From 1.2 pipsSame as EVO + 1:100 on softs/grains✔✔
    Account Types

    Leverage

    INGOT BROKERS offers dynamic leverage of up to 1:5000, which lets traders greatly increase their exposure depending on the kind of account and asset class.

    Leverage

    INGOT BROKERS Fees

    According to INGOT BROKERS, they offer reasonable spreads, clear prices, and no hidden costs.

    Account TypeSpread (EUR/USD)Commission
    EVOFrom 0.7 pips❌
    StandardFrom 1.2 pips❌
    INGOT BROKERS Fees

    Trading Platform

    Trading PlatformSupportedAvailable DevicesSuitable for
    MetaTrader 4 (MT4)✔Windows, macOS, iOS, AndroidBeginners
    MetaTrader 5 (MT5)✔Windows, macOS, iOS, AndroidExperienced traders
    INGOT Copy Trader✔Web, iOS, Android/
    INGOT Mobile App✔iOS, Android/
    Trading Platform

    Deposit and Withdrawal

    There are no fees for deposits or withdrawals with INGOT BROKERS. The minimum deposit is $10.

    PaymentOptionsMinimum DepositFeesProcessing Time
    Wire Transfer$10NoneUpon receipt
    Bank TransferVaries
    Mobile Payments (Tigo Pesa, MPESA, Airtel, Halotel, OZOW)Instant or varies
    Cryptocurrencies (e.g., BTC, ETH, XRP, USDT, etc.)Instant to short delays
    Deposit and Withdrawal

    News

    NewsIs INGOT Brokers Safe or Scam? Critical 2025 Safety Review & Red Flags

    Discover if INGOT Brokers is safe or scam in 2025. Our in-depth review examines their dual licensing, trader complaints, and regulatory warnings to help protect your investments.

    WikiFX
    2025-11-17 17:24
    Is INGOT Brokers Safe or Scam? Critical 2025 Safety Review & Red Flags

    NewsINGOT Brokers Withdrawal Problems: 2025 User Alert - What You Need to Know

    Discover the latest insights about INGOT Brokers withdrawal problems in 2025. Real user experiences, warning signs, and essential information for traders considering this platform.

    WikiFX
    2025-11-17 17:09
    INGOT Brokers Withdrawal Problems: 2025 User Alert - What You Need to Know

    NewsINGOT Brokers Regulation 2025: ASIC vs Offshore License - What Traders Must Know

    Explore INGOT Brokers regulation in 2025: Compare their ASIC and Seychelles FSA licenses, understand trader protection levels, and learn about potential risks in this detailed guide.

    WikiFX
    2025-11-14 18:00
    INGOT Brokers Regulation 2025: ASIC vs Offshore License - What Traders Must Know

    ExposureTraders Warned to Stay Alert Amid Growing Exposures for INGOT Brokers

    As the number of complaints for INGOT Brokers rises, traders are advised to approach it with caution and refrain from making any huge investments. Traders from around the World have been accusing the broker of several malpractices and scammy tactics, leading to a decline in its trust score and risk alerts for the traders.

    WikiFX
    2025-05-14 01:58
    Traders Warned to Stay Alert Amid Growing Exposures for INGOT Brokers
    About More

    User Reviews

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    User comment

    16

    Comments

    Write a review

    FX4149773224
    0-3months
    Fake Broker ❌ Fake Reviews ❌ Broker scams with me around 3000$ plus not gonna lie i have proofs, Withdrawal was pending from a month ago now they reject my withdrawal and take my all profits my deposit was 600$. They didn't even refund my initial deposit.
    Fake Broker ❌ Fake Reviews ❌ Broker scams with me around 3000$ plus not gonna lie i have proofs, Withdrawal was pending from a month ago now they reject my withdrawal and take my all profits my deposit was 600$. They didn't even refund my initial deposit.
    Translate to English
    2025-11-14 10:46
    Reply
    0
    0
    FX2643269556
    6-12months
    Truly fake fake fake ⚔️❌🚫❌❌❌, it will never let you allow to withdraw your amount if you make a good amount of profit, be far from this fake broker, I made a profit of 3200$ total from my 250$ deposit they are returning me only 179$ as you can see, don't invest in this fake broker please this will vanish your amount when you make withdrawal of good or low amount profit, they fix my balance when I applied my withdrawal. Stay away from this fake broker.
    Truly fake fake fake ⚔️❌🚫❌❌❌, it will never let you allow to withdraw your amount if you make a good amount of profit, be far from this fake broker, I made a profit of 3200$ total from my 250$ deposit they are returning me only 179$ as you can see, don't invest in this fake broker please this will vanish your amount when you make withdrawal of good or low amount profit, they fix my balance when I applied my withdrawal. Stay away from this fake broker.
    Translate to English
    2025-11-14 10:35
    Reply
    0
    0
    13