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7.13 /10



10-15 years

Regulated in Australia

Market Making(MM)

MT4/5 full license

High potential risk

Offshore Regulatory


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License Index 8.24
Business Index 8.06
Risk Management Index 0.00
Software Index 7.62
Regulatory Index 8.21
The WikiFX Score of this broker is reduced because of too many complaints!
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No restriction on the broker account. Support service provided by WikiFX

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Regulatory disclosure


Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Contact number


+248 4345580

Broker Information


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WikiFX Risk Alerts 2
Previous Detection : 2023-06-07
  • 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 SeychellesFSA regulation with license number: SD117 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
    INGOT BROKERS · Company summary

    Risk Warning

    Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

    General Information & Regulation

    Feature Information
    Registered Country/Region Seychelles
    Found 2006
    Regulation ASIC
    Market Instrument Agriculture, energies, metals, stocks, indices, ETFs, currencies and cryptocurrencies
    Account Type Professional, ECN and Prime
    Demo Account N/A
    Maximum Leverage 1:500
    Spread Vary on the account type
    Commission Vary on the account type
    Trading Platform MT4, MT5
    Minimum Deposit $10
    Deposit & Withdrawal Method Wire transfers, Bitcoin, Ethereum, Visa, MasterCard, Apple Pay, and Tether

    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.

    Here is the home page of this brokers official site:

    home page

    INGOT Brokers obtained its regulation from the Australian Securities and Investments Commission (ASIC, registration number 428015), while the Seychelles Financial Services Authority (FSA, No. SD117) license is offshore.

    General Information & Regulation

    Note: The screenshot date is February 6, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

    Market Instruments

    INGOT BROKER offers 1,000+ trading instruments across 8 asset classes, including agriculture, energies, metals, stocks, indices, ETFs, currencies and cryptocurrencies.

    Market Instruments

    Account Types

    There are 3 account options available on the INGOT BROKERS platform: ECN, Professional, and Prime. The Professional and ECN account requires an affordable initial deposit of $100, while $25,000 for the Prime accounts.

    Account Types


    Three accounts offer different trading leverage. The maximum leverage for the Professional account is up to 1:500, and for the ECN account is up to 1:200. While the Prime account holders can experience leverage up to 1:100.

    It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

    Spreads & Commissions

    Spreads and commissions with INGOT BROKERS are scaled with the accounts offered. Specifically, the spread starts from 1 pip on the Professional account, and 0 pips on the ECN and Prime accounts.

    As for the commission, there is no commission on the Professional account, a $7 commission on the ECN account, and a $5 commission on the Prime account.

    Trading Platform

    The INGOT BROKERS platform is the market leader MetaTrader4 or also as an option traders may choose the next version MetaTrader5 which delivers a highly customizable trading environment that improves trading performance. These platforms are indeed very powerful and not a surprise choice, as it is very easy-to-use software which takes any available information on the MetaTrader platform into consideration.

    Trading Tools

    In addition to the built-in tools of the MT4/MT5 trading platforms, traders also get access to some standalone trading tools, such as Economic Calendar, Traders Calculator, Currency Converter, and more.

    Deposit & Withdrawal

    INGOT BROKERS accepts deposits via Wire transfers, Bitcoin, Ethereum, Visa, MasterCard, Apple Pay, and Tether, and withdrawals with Wire transfers, Bitcoin, Ethereum, Tether and Cellulant. The minimum deposit is $10, and the minimum withdrawal amount is $25. No deposit fees are charged, but the broker charges some withdrawal fees which vary depending on the method.


    Customer Support

    INGOT BROKERS offers 24/5 client support via telephone: 002484345580, email:,, Live Chat, and social media like Telegram, Skype, Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: Unit 3, 2nd Floor, Dekk Complex, Plaisance, Mahe, Seychelles.

    Pros & Cons

    Pros Cons
    • Regulated by ASIC • FSA license is offshore
    • Wide range of trading assets • Regional restrictions
    • Low minimum deposit ($10)
    • Both MT4 and MT5 available

    Frequently Asked Questions (FAQs)

    Q 1: Is INGOT BROKERS regulated?
    A 1: Yes. It is regulated by Australia Securities & Investment Commission (ASIC).
    Q 2: At INGOT BROKERS, are there any regional restrictions for traders?
    A 2: Yes. INGOT BROKERS does not accept clients who are citizens and/or residing in the United States of America (USA).
    Q 3: Does INGOT BROKERS offer the industry-standard MT4 & MT5?
    A 3: Yes. Both MT4 and MT5 are available.
    Q 4: What is the minimum deposit for INGOT BROKERS
    A 4: The minimum initial deposit with INGOT BROKERS is said to be $10 while opening an account requires at least $100.
    Q 5: Is INGOT BROKERS a good broker for beginners?
    A 5: Yes. INGOT BROKERS is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms.


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

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

    2022-11-28 17:07

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

    2022-11-28 17:07
    CMA License Has Been Acquired By Ingot Brokers To Expand its Presence In Kenya
    LaLiga's MENA Financial Partner Is INGOT Brokers

    NewsLaLiga's MENA Financial Partner Is INGOT Brokers

    2022-10-19 15:11

    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.

    2022-10-19 15:11
    LaLiga's MENA Financial Partner Is INGOT Brokers
    INGOT Acquired FSA License and Establishes New Office in Seychelles

    NewsINGOT Acquired FSA License and Establishes New Office in Seychelles

    2022-09-14 12:46

    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.

    2022-09-14 12:46
    INGOT Acquired FSA License and Establishes New Office in Seychelles
    WikiFX Review: Is INGOT BROKERS a good choice for forex traders?

    NewsWikiFX Review: Is INGOT BROKERS a good choice for forex traders?

    2022-05-25 15:52

    INGOT BROKERS is an online forex broker that recently catch many’s attention. But can you withdraw money from INGOT BROKERS? Is INGOT BROKERS legit in your country? WikiFX recently received a lot of feedback related to this broker from traders. Therefore, WikiFX made a comprehension review on this broker to help you better understand the truth, and you should never miss it.

    2022-05-25 15:52
    WikiFX Review: Is INGOT BROKERS a good choice for forex traders?

    User Reviews

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    Phu Pham
    more than one year
    Trading on INGOT BROKERS is like tightrope walking with a safety net behind you. The additional layers of risk management procedures they provide in favour of their traders provide them with an opportunity to explore their limits and push them without risking losing more than they can handle. Great Job.
    2023-02-27 18:44
    Doubel Jay
    more than one year
    To be frank, another unreliable broker that don’t deserve your time or money. Their support staff is really rude, keeping asking you to put more and more money. I had it enough, and that’s what I want to tell you guys. Their trading conditions are also terrible too.
    2023-02-14 10:09
    more than one year
    If there's one thing I've learned in Forex, it's not to rush. Don't risk too much thinking you can get rich overnight, and don't lose a little bit of money and never invest again. Therefore, I never believe the "quick win" words of liars!
    2022-11-28 10:47
    more than one year
    User-friendly interface, an expansive number of trading instruments, mt4 & mt5, they are all very good. The only downside is that the withdrawal is too slow.
    2022-11-25 17:25
    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.
    2022-11-25 15:14
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    consumer hotline:006531290538
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;+44-7517747077
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