Ingot Brokers Review

Ingot Brokers is a well-established broker since 2004. Ingot Brokers has headquarters in Australia, New Zealand, Saint Vincent and Grenadines and Switzerland. They are generally well-suited for Ingot Brokers to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by ASIC 428015, FSA (St. Vincent & Grenadines) 24172 and FSP (New Zealand) FSP157304.

Account Information

Apart from the forex demo account, this broker offers ECN and Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Ingot Brokers is up to 1:400. Meanwhile, you can open an account with a starting capital of $100.

Minimum Deposit

$100

Maximum Leverage

1:400

Spread

Fixed

Commission

$7

If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:

• ECN
• Standard

Minimum Deposit $100

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Instruments Traded

Besides lots of currency pair, Ingot Brokers also offers some instruments you would like to trade on, such as Forex, Indexes, ETF and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for ECN account, Ingot Brokers specifically provides it with the following instruments and leverage:

Forex
1:200

Indexes
1:20

ETF
1:2

Cryptocurrencies
1:5

Minimum Deposit $100

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, Ingot Brokers also offers some instruments you would like to trade on, such as Forex, Indexes, ETF and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Standard account, Ingot Brokers specifically provides it with the following instruments and leverage:

Forex
1:400

Indexes
1:20

ETF
1:2

Cryptocurrencies
1:5

Payment Methods

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.

Ingot Brokers also provides payment with Tether (USDT), Ethereum and Credit/debit cards

FAQ About Ingot Brokers

Is Ingot Brokers a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Ingot Brokers is a good broker for you or not by reviewing the criteria. In general, Ingot Brokers provides trading service in Forex , Indexes , ETF and Cryptocurrencies . As for the payment methods, you can choose between Bitcoin, Credit/debit cards, Ethereum, PayPal, Tether (USDT) and Wire transfer. The customer support is available via Email, Live chat, Phone and Web form.

What is the minimum deposit for Ingot Brokers?

The starting capital in Ingot Brokers is $100.

Is Ingot Brokers regulated?

Ingot Brokers is regulated by ASIC 428015, FSA (St. Vincent & Grenadines) 24172 and FSP (New Zealand) FSP157304. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.

Is Ingot Brokers legit?

Ingot Brokers is a brokerage company offering trading services for clients since 2004 with offices in Australia, New Zealand, Saint Vincent and Grenadines and Switzerland.