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IQCent-Overview of Minimum Deposit, Spreads & Leverage

INGOT BROKERS Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-04-28 20:14

Abstract:INGOT BROKERS, a trading name of INGOT Global Ltd, is a multi-asset brokerage firm founded in 2006 and registered in Seychelles, while further, the company diversified its portfolio to Asia, MENA and International trading regions through their offices in New Zealand, Switzerland and Bahrain.

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

  

Related broker

Stoppage of Business
INGOT BROKERS
Company name:INGOT SC LTD
Score
2.50
Website:https://www.ingotbrokers.com/en
Stoppage of Business | 10-15 years | Regulated in Australia | Regulated in Seychelles
Score
2.50

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