Score

2.54 /10
Danger

INGOT BROKERS

10-15 years

Regulated in Australia

Market Maker (MM)

MT4 Full License

High potential risk

Offshore Regulated

B

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Comparison

Quantity 11

Exposure

Open Account
Website

Score

Regulatory Index8.24

Business Index8.30

Risk Management Index0.00

Software Index9.77

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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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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Warning: Low score, please stay away! 3
Previous Detection : 2025-08-28
  • 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 11 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    INGOT BROKERS · 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 TraderWeb, iOS, Android/
    INGOT Mobile AppiOS, 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

    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

    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

    User Reviews

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    User comment

    14

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    汇丰天下
    more than one year
    经朋友介绍入金这个平台交易,开始也没有发现异常,他们推广说是澳大利亚全牌照,经查也属实,谁知道2018年11月29日后,突然就不能交易不能出金了!现在居然又开始出来招揽客户!大家一定不要相信!我发誓没有说一句假话!
    经朋友介绍入金这个平台交易,开始也没有发现异常,他们推广说是澳大利亚全牌照,经查也属实,谁知道2018年11月29日后,突然就不能交易不能出金了!现在居然又开始出来招揽客户!大家一定不要相信!我发誓没有说一句假话!
    Translate to English
    2025-08-06 14:03
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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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    0
    0
    11