The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
No restriction on the broker account. Provide service support by WikiFX
INGOT Brokers (Australia) Pty Ltd
The Financial Services Centre Stoney Ground, Kingstown St. Vincent & the Grenadines
The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months, please be aware of the risk and the potential 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.
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.
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?
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.
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.
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
INGOT Brokers is helping traders cut through the noise and get a clearer picture of the emerging market trends as well as better spot trading opportunities with AI-powered signals.
Acuity Trading uses AI to analyze the news and provide trading signals. The broker is expecting to enhance its offerings with this partnership.
Acuity Trading uses AI to analyze the news and provide trading signals.
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The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.
License Type:Market Making(MM)
Regulated in Country/AreaAustralia
Regulatory License No.：428015
Email Address of Licensed Institution :email@example.com
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :Level 21, 60 Margaret Street, SYDNEY NSW 2000
Phone Number of Licensed Institution :0431455880
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
General Information& Regulation
INGOT Brokers is a multi-asset Australia brokerage firm founded in 2006, while further, the company diversified its portfolio to Asia, MENA and International trading regions through their offices in New Zealand, Switzerland and Bahrain. INGOT Broker Limited is registered in Saint Vincent and the Grenadines with Company number: 24172, trading as INGOT Broker Ltd. INGOT Brokers obtained its regulation from the Australian Securities and Investments Commission (ASIC, registration number 428015) and Saint Vincent and Grenadines Financial Services Authority (SVGFSA).
INGOT Brokers offers a wide range of trading instruments across various markets, namely Forex, Stocks, ETFs, Commodities, Indices, and Cryptocurrencies, which can be traded in via the worlds popular platforms; the MetaTrader4 and MetaTrader5.
There are four account options available on the INGOT Brokers platform: ECN, Professional, Prime and Booster. Each account represents different trading conditions involving spreads and commissions. The Booster and ECN account requires an affordable initial deposit of $100.
INGOT Brokers Leverage
Four accounts offer different trading leverage. The maximum leverage for the Professional account is up to 1:500, and for the ECN account is up to 1:200. While the Prime and Booster account share with the same leverage, up to 1:100.
Spreads & Commissions
The general spread amount for INGOT Brokers accounts varies between 0 and 1. If you are interested, specifically in Forex, its noteworthy to mention that the spreads for major currency pairs like EUR/USD or AUD/USD are in a floating position. The spreads and commission charge diverse by the account type and starting from 0 pips spread, which are also depending on the instrument traders trade, e.g. commission for ETFs starting from 35$ or Futures trading at 10$.
INGOT Brokers Trading Platform
The INGOT platform is a market leader MetaTrader4 or also as an option traders may choose next version MetaTrader5 that delivers a highly customizable trading environment that improves trading performance. These platforms 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.
Deposit & Withdrawal
The deposit or withdrawal may be performed via Bank Transfer, Neteller, Cards or Skrill. In addition, INGOT enables traders to fund or withdraw the account with Bitcoin or Ethereum. Typically INGOT covers fees for some of the deposits, yet the payment providers may add-on internal fees, as well as e-payment incur some additional charges.
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.
INGOT brokers offers a 24/6 client support via telephone, email, Live Chat, and social media.
INGOT brokers services are not intended for use by any person in any jurisdiction where such use would be contrary to local laws or regulations. They do not accept US clients.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.