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INGOT BROKERS -

Score

2.50 /10
Danger

INGOT BROKERS

Seychelles

Stoppage of Business

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 Index9.46

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
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Broker Information

More

Company Name

INGOT Global Ltd

Company Abbreviation

INGOT BROKERS

Platform registered country and region

Seychelles

Company website

X

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2025-05-07
  • 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!
  • 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!

WikiFX Verification

Exposure

10 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
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
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
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
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
    Data Source WikiFX Data provide
    Updated: 2025-05-07
    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
    About More

    User Reviews

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    User comment

    13

    Comments

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    Evise
    more than one year
    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.
    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.
    Translate to English
    2024-07-24 18:51
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    Brooks Rly
    more than one year
    Don't hold your trades on weekends with this broker, the worst spread you gonna get. On weekends you will get stopped out or get liquidated with out the chart touching your stoploss. Imagin a 40- 50 pips spread. Imagin your orders being stoped while the chart is 50 pips away from yoyr stoploss point.
    Don't hold your trades on weekends with this broker, the worst spread you gonna get. On weekends you will get stopped out or get liquidated with out the chart touching your stoploss. Imagin a 40- 50 pips spread. Imagin your orders being stoped while the chart is 50 pips away from yoyr stoploss point.
    Translate to English
    2024-04-28 15:16
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