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
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:
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.
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.
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.
Leverage
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: customerservice@ingotbrokers.com, info@ingotbrokers.com, 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
Frequently Asked Questions (FAQs)
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