Ingot Brokers Review 2026

Ingot Brokers is a multi-asset forex and CFD brokerage suitable for day traders of most experience levels. Clients can access trading opportunities across eight asset classes on the MT4 and MT5 terminals, or invest via the broker’s proprietary copy trading platform. This review will cover Ingot’s account types, customer service, typical spreads, deposit and withdrawal methods, and more.

Regulation & Trust

Ingot Brokers was founded in 2006. The brokerage consists of six key global entities, with varying degrees of oversight. Green to red classification is based on our internal broker regulator directory. We’ve listed entities and regulators from lowest risk to highest risk:

1. Inogt Brokers Europe Ltd – Regulated by the Cyprus Securities & Exchange Commission (CySEC), license 462/25 – green tier
2. Ingot AU Pty Ltd – Regulated by the Australian Securities and Investment Commission (ASIC), license 428015 – green tier
3. Ingot Ke Ltd – Regulated by the Capital Markets Authority of Kenya (CMA), license 173 – yellow tier
4. Ingot Financial Services L.L.C – Regulated by the Securities and Commodities Authority (SCA) in the UAE – yellow tier
5. Ingot Financial Brokerage – Regulated by the Jordan Securities Commission (JSC) – orange tier
6. Ingot SC Ltd – Regulated by the Financial Services Authority of Seychelles (FSA) – red tier

The group adheres to various regulatory requirements, including providing negative balance protection and segregating client funds in top-tier banks.

Trading Platforms

Ingot two both MetaTrader terminals (MT4 and MT5). Both platforms are available for free download to desktop devices or can be used via major web browsers.

The multi-asset platforms offer advanced trading features to monitor and execute trades daily. Both terminals are suitable for beginners, though MT5 offers more sophisticated features.

MetaTrader 4

The MT4 terminal provides interactive and custom charts, 30 built-in technical indicators, and nine timeframes. The platform also offers four pending order types and three order execution modes.

A major benefit of the MetaTrader brand is the access to automated trading with Expert Advisors (EAs).

Day traders can access forex, stocks, indices, and commodity CFDs on MT4.

MetaTrader 5

An all-in-one cutting-edge multi-asset terminal. Day traders can access all instruments with an integrated economic calendar, MQL5 programming language, and one-click trading directly from charts and graphs.

Users also benefit from 21 timeframes, six pending order types, and 38 in-built technical indicators.

How To Place A Trade

The process of placing a trade on Ingot’s MT4 and MT5 platforms is similar:

1. Log in to your client dashboard and open MT4 or MT5 web trader. Alternatively, download the platform to a desktop device
2. Search for an asset using the drop-down menu (right-hand side) or search bar
3. Select ‘new order’ or initiate a trade directly from the chart
4. Select the order type from the dropdown list e.g. pending order or market execution
5. Enter the position size expressed in standard lots
6. Decide whether you want to ‘buy’ or ‘sell’
7. Confirm the order

Ingot Brokers Copy Trading

Ingot also offers a bespoke copy trading terminal.

The platform allows users to view the success rates of traders before they copy their trades. The solution can be a good way to diversify portfolios and learn from seasoned traders, though there’s no guarantee you’ll make money copying trades.

Note, the platform is not available in all jurisdictions.

Assets & Markets

Ingot Brokers offers 1000+ instruments.

• Currency Pairs – Trade 30+ major, minor and exotic currency pairs including EUR/USD, USD/JPY, GBP/USD, and AUD/CAD
• Cryptocurrencies – Take positions across 25 digital currency USD crosses such as BTC/USD, ETH/USD, DOT/USD, and DOG/USD
• Stocks – Invest in some of the biggest US, EU, and UK companies via stock CFDs. Firms include Tesla Motors, Meta, Nike, HSBC, and BNP Paribas
• ETFs – Trade 40+ exchange-traded funds (ETFs) such as the UltraShort S&P 500 ETF, PowerShares QQQ ETF, and the Vanguard Total Bond Market ETF
• Indices – Speculate on eight of the world’s largest stock indices via spot or futures contracts. This includes DJ30, S&P500, ASX200 and FTSE100
• Commodities – Trade agriculture, energies and precious metals. This includes spot and futures contracts on WTI Crude Oil, Brent Crude Oil, Gold, Silver, and Platinum. Users can also trade soft and grain commodities such as coffee, sugar, and cocoa during select months of the year

CFDs and futures contracts are available for almost all products.

Ingot Fees

Spreads and fees vary by account type, instrument, and trading entity, with some prominent examples below.

You will be liable for currency conversion fees when depositing, withdrawing, and transferring funds in a currency other than your account denomination. This will be executed by the broker at the current exchange rate.

Swap rates also apply for positions held overnight.

There are no account maintenance fees or inactivity charges.

Ingot Brokers Australia

The Standard, Standard Plus, and Prime accounts all offer commission-free investing with spreads from 1 pip.

The Prime ROW profile offers the tightest, raw spreads from 0.0 pips with a commission of $7 per round lot turn.

Ingot Brokers Global

• Professional Account – Commission-free investing with spreads from 1 pip. A minimum deposit requirement of $100
• ECN Account – Tight raw spreads from 0 pips. A $7 commission per round lot. A minimum deposit requirement of $100
• Prime Account – Tight raw spreads from 0 pips. A $5 commission per round lot. A minimum deposit requirement of $25,000

Ingot Jordan

• Starter Pack Account – Commission-free investing with floating spreads. A minimum deposit requirement of $10
• Professional Account – Commission-free investing with floating spreads. A minimum deposit requirement of $100
• ECN Account – Tight raw spreads from 0 pips. A $7 commission per round lot. A minimum deposit requirement of $100

Ingot Kenya

• Cents Account – Commission-free investing with floating spreads. A minimum deposit requirement of $10
• Pro Account – Commission-free investing with floating spreads. A minimum deposit requirement of $50
• ECN Account – Floating spreads. A $7 commission per round lot. A minimum deposit requirement of $100

Leverage Review

Ingot Brokers offers leverage up to 1:500.

However, some jurisdictions offer limited leverage due to regulatory restrictions. Retail investors trading under the ASIC-regulated entity, for example, will be subject to a maximum rate of 1:30, introduced in 2021.

Mobile App

Both MetaTrader platforms are available for free download to portable devices including iPhone, iPad, and Android (APK).

The apps integrate seamlessly between desktop and mobile so you can access your full trading history, account management details, and market analysis while on the go. Open and close positions with the click of a button from customizable charts designed with smaller screens in mind. The applications also allow retail traders to create custom watchlists, access historical pricing charts, and set real-time alerts.

Ingot Payment Methods

Deposits

Ingot accepts various payment methods including bank wire transfers, credit/debit cards, cryptocurrencies, and e-wallets.

The broker does not charge deposit fees, however third-party charges apply for some methods.

All funds are deposited into an e-wallet which acts as the intermediary between the MetaTrader terminal and your chosen payment method.

• Skrill – $10 minimum deposit, instant funding, 2% fee
• Neteller – $10 minimum deposit, instant funding, 3% fee
• PayPal – $100 minimum deposit, instant funding, 2% fee
• Bank Wire Transfer – $100 minimum deposit, three to five day processing time, no fees
• Tether (USDT) – $10 minimum deposit, blockchain-dependent processing time, no fees
• Visa & Mastercard Credit/Debit Cards – $10 minimum deposit, instant funding, 3% fee
• Bitcoin and Ethereum – $50 minimum deposit, blockchain-dependent processing time, no fees

Note, access to payment methods may vary between countries.

How To Deposit Funds Via Bank Wire Transfer

1. Log in to the Ingot client portal
2. Select ‘Funds Management’ via the menu on the left-hand side
3. Click on ‘Deposit Funds’ then ‘Wire Transfer’
4. Complete the relevant details in the deposit window
5. You can review and monitor the transfer status in the ‘Account Transactions’ window

Withdrawals

To comply with AML regulations, retail traders must request withdrawals back to the same method as used for deposits and in the same currency. Additionally, you will need to verify your profile before you can request a withdrawal.

A minimum withdrawal of $500 applies for bank wire transfers. Cryptocurrencies have a $25 minimum and Skrill/Neteller has a $10 minimum.

Similar to deposits, there are third-party charges for some withdrawal methods including a 1% charge for Bitcoin and Ethereum.

It can take up to five working days for funds to be received via bank wire transfer. Allow two working days for cryptocurrency and e-wallet fund removals.

How To Withdraw Funds From Ingot Brokers

1. Log in to the client portal
2. Click on ‘Funds Management’ in the menu on the left-hand side
3. Select ‘Withdraw Funds’
4. Complete the withdrawal details including the payment method and value
5. Select ‘Request’
6. The withdrawal will be processed once verified by the Ingot team

Demo Account

Ingot offers demo accounts on the MT4 and MT5 terminals.

There is a 30-day expiry time for MetaTrader 4 practice accounts and a 14-day expiry for MetaTrader 5 accounts. Having said this, the broker allows retail investors to open an unlimited number of practice accounts under the same email address.

• If you are an existing client: Log in to the client portal. Select ‘Accounts’ and then ‘Open A Demo Account’
• If you are a new client: Select ‘Try A Free Demo’ on the broker’s main webpage. Enter your personal details and select ‘Register’. Login details will be sent to your email address

Deals & Promotions

Our experts found that Ingot does not usually offer financial incentives or bonus rewards for new or existing clients. This includes welcome deposit bonuses and customer referral rewards.

Additional Features

Tools

Day traders can benefit from some useful tools including an integrated economic calendar, a currency conversion calculator, and a position-based trade calculation tool with bid/ask price inputs.

When logged in to your client dashboard, you can also access a wealth of market analysis features. This includes a stocks heatmap, a market screener, a central bank calendar, and a company earnings calendar.

Education

When we used Ingot, we found the broker offers a relatively decent education hub. Content is made up of videos and articles, suitable for beginners and intermediate investors.

Topics include the psychology of trading, an introduction to commodities, forex charting, and fundamental analysis.

Account Types

Ingot Brokers offers several different accounts, which vary depending on where you’re based. With that said, all entities offer both commission-free trading accounts and tight, raw spread profiles.

Swap-free accounts and multi-account management (MAM) solutions are also available.

Ingot Brokers (Australia) Pty Ltd

• Standard Account – Spreads from 1 pip, starting deposit requirement of $10, commission-free, stop out level 100% and leverage up to 1:30. Access to forex, spot, and futures energies
• Prime Account – Spreads from 1 pip, starting deposit requirement of $100, minimum lot size 0.01, commission-free, stop out level 50% and leverage up to 1:30. Access to all trading instruments
• Standard Plus Account – Spreads from 1 pip, starting deposit requirement of $100, minimum lot size 0.01, commission-free, stop out level 75%, and leverage up to 1:30. Access to all trading instruments
• Prime ROW Account – Raw spreads from 0 pips, starting deposit requirement of $100, minimum lot size 0.01, $7 commission per round turn, stop out level 50%, and leverage up to 1:30. Access to forex, cryptos, spot indices, energies and metals

Ingot Global Ltd

• Professional Account – Spreads from 1 pip, starting deposit requirement of $100, commission-free, stop out level 25%, and leverage up to 1:500. Access to all trading instruments
• Prime Account – Raw spreads from 0 pips, starting deposit requirement of $25,000, minimum lot size 0.01, $5 commission per round turn, stop out level 25% and leverage up to 1:100. Access to all trading instruments
• ECN Account – Raw spreads from 0 pips, starting deposit requirement of $100, minimum lot size 0.01, $7 commission per round turn, stop out level 50%, and leverage up to 1:200. Access to spot metals, energies, indices, forex, crypto CFDs and stocks

Ingot Financial Brokerage Ltd

• Professional Account – Floating spreads, starting deposit requirement of $100, minimum lot size 0.01, commission-free, stop out level 20%, and leverage up to 1:500. Access to all trading instruments
• Starter Pack Account – Floating spreads, starting deposit requirement of $10, minimum lot size 0.001, commission-free, stop out level 20% and leverage up to 1:500. Access to forex and metals only
• ECN Account – Raw spreads from 0 pips, starting deposit requirement of $100, minimum lot size 0.01, $7 commission per round turn, stop out level 20%, and leverage up to 1:200. Access to forex, spot metals, energies, indices, ETFs and shares

Ingot RSA (Pty) Ltd

• Cents Account – Floating, starting deposit requirement of $10, minimum lot size 0.001, commission-free, stop out level 25% and leverage up to 1:500. Access to forex and metals only
• Pro Account – Floating spreads, starting deposit requirement of $100, minimum lot size 0.01, commission-free, stop out level 25%, and leverage up to 1:500. Access to forex, metals, stocks, indices, ETFs, and cryptos
• ECN Account – Floating spreads, starting deposit requirement of $100, minimum lot size 0.01, $7 commission per round turn, stop out level 25%, and leverage up to 1:200. Access to forex, metals, energies, indices, and shares

Ingot Africa Ltd

• Cents Account – Floating spreads, starting deposit requirement of $10, minimum lot size 0.001, commission-free, stop out level 25% and leverage up to 1:500. Access to forex and metals only
• ECN Account – Floating spreads, starting deposit requirement of $100, minimum lot size 0.01, $7 commission per round turn, stop out level 25%, and leverage up to 1:200. Access to forex, metals, energies, indices, and shares
• Pro Account – Floating spreads, starting deposit requirement of $50, minimum lot size 0.01, commission-free, stop out level 25% and leverage up to 1:500. Access to energies, metals, stocks, indices, ETFs, forex and futures

How To Open An Account

1. Visit the broker’s website (ingotbrokers.com) or use the ‘Visit’ link above
2. Select ‘Start Trading’ or ‘Open A Trading Account’
3. Complete the registration details
4. Once you have access to the client portal, select ‘Verification’ and complete all fields
5. Create a MetaTrader profile by selecting ‘Accounts’ via the menu on the left side
6. Click on ‘Trading Accounts’ and then ‘Open A Trading Account’
7. Enter your desired specifications and select ‘Submit’
8. Once your live account has been reviewed and approved you will receive an email confirmation
9. Deposit funds and start trading

Account verification is required to deposit funds and start trading. All retail investors are required to pass a client eligibility test to prove they have the skills and basic knowledge to trade.

Account applications are reviewed by the broker’s team within 40 minutes of submission (Monday to Friday).

Trading Hours

Ingot’s trading hours are reflective of market opening times. For example, the stock and forex market is open 24 hours a day, from 5 PM (ET) on Sunday to 4 PM (ET) on Friday.

Note, the MT4 and MT5 terminals are set by default to EET/EEST server time and cannot be changed.

Customer Service

Ingot Brokers offers multilingual customer support, available 24/5. This includes telephone, email, live chat, and an online contact form. Contact details vary by the entity:

• Online Contact Form – Found on the ‘Contact Us’ page
• Live Chat – Logo found in the bottom right of each webpage
• Email – customerservice@ingotbrokers.com.au, customerservice@ingotbrokers.com, customerservice@ingotbrokers.com.jo, info@ingotbrokersrsa.com, customerservice@ingotbrokersafrica.com

A detailed FAQ section is also available on the broker’s website. Our experts were impressed with the number of queries and clear guidance and support. You can also find useful links and step-by-step guides.

Security & Safety

Ingot Brokers takes a promising position on fund protection, KYC, AML, and data privacy.

The MetaTrader platforms are also safe, with encrypted data exchanges between servers and client portals. Users can also implement two-factor authentication to protect against unauthorized login attempts.

Ingot Verdict

Ingot Brokers is a decent online brokerage offering a wide range of instruments, a choice of MT4 and MT5 terminals, plus a copy trading solution. Competitive fees and oversight from multiple regulators are also promising signs that Ingot is trustworthy.

Overall, the broker is a good choice for day traders of all experience levels and trading styles.

FAQs

Is Ingot Brokers Legit?

Our review confirms that Ingot is a legitimate brokerage offering a stable and secure trading environment. It is good to see regulatory oversight across all entities, negative balance protection, MetaTrader platforms, copy trading, and responsive customer service.

Is Ingot Brokers Regulated?

Ingot Brokers is regulated by various agencies. The group holds licenses with with the Australian Securities and Investments Commission (ASIC) and the Jordan Securities Commission (JSC), among others.

Does Ingot Brokers Accept US Clients?

No, none of the five Ingot Brokers subsidiaries accept clients from the USA. Head to our full review for a list of accepted and rejected countries.

What Deposit & Withdrawal Methods Does Ingot Brokers Accept?

Ingot Brokers accepts several deposit and withdrawal methods including bank wire transfers, credit/debit card payments, e-wallets such as Skrill and Neteller, cryptocurrencies, PayPal, and more.

Note, accepted payment methods may vary between entity.

Does Ingot Brokers Allow Scalping?

No – Ingot Brokers does not allow scalping.

Best alternatives to Ingot Brokers

The highest rated brokers that are most similar to Ingot Brokers in Iraq are Vantage and FP Markets. Here is an overview of what makes them great options:

1. 1
   Vantage

   4.7 / 5

   Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to millions of clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.

   Visit Vantage Read review
2. 2
   FP Markets

   4.2 / 5

   Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to day traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist.

   Visit FP Markets Read review

Ingot Brokers comparison table

Ingot Brokers compared with similar brokers

	Ingot Brokers	Vantage	FP Markets
Rating	4.3	4.7	4.2
Markets	CFDs, Commodities, Stocks, Indices, ETFs, Forex, Cryptocurrencies	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds	CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account	Yes	Yes	Yes
Minimum Deposit	$10	$50	$0
Minimum Trade	0.01 Lots	0.01 Lots	0.01 Lots
Regulators	ASIC, CySEC, JSC, FSA, CMA-Kenya	FCA, ASIC, FSCA, VFSC, CIMA	ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
Platforms	MT4, MT5	ProTrader, MT4, MT5, TradingView, TradingCentral, DupliTrade	Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral
Leverage	1:500	1:500	1:30 (UK), 1:500 (Global)
Payment Methods	10	16	16
Visit	Visit	Visit	Visit
Review	–	Read review	Read review

Compare trading instruments

Compare the markets and instruments offered by Ingot Brokers and its competitors. Some markets may only be available via derivatives, and availability may vary by region and entity.

Instruments offered by Ingot Brokers and similar brokers

	Ingot Brokers	Vantage	FP Markets
CFD	Yes	Yes	Yes
Forex	Yes	Yes	Yes
Stocks	Yes	Yes	Yes
Commodities	Yes	Yes	Yes
Oil	Yes	Yes	Yes
Gold	Yes	Yes	Yes
Copper	No	Yes	Yes
Silver	Yes	Yes	Yes
Corn	Yes	No	Yes
Crypto	Yes	Yes	Yes
Futures	Yes	Yes	No
Options	No	No	No
ETFs	Yes	Yes	Yes
Bonds	No	Yes	Yes
Warrants	No	No	No
Spreadbetting	No	Yes	No
Volatility Index	Yes	Yes	Yes

Ingot Brokers vs other brokers

Compare Ingot Brokers with any other broker:

Ingot Brokers vs Select broker… 4xC ActivTrades Anzo Capital AvaTrade Axi Axiory Bitfinex BlackBull Bullwaves Bybit Capital.com CMC Markets Coinbase Defcofx Eightcap Errante eToro eToro USA Exness FBS FinPros Firstrade Focus Markets FOREX.com Fortrade FP Markets FreshForex Fusion Markets FXCC FXGiants FXGT FXOpen FxPro Global Prime GO Markets Grand Capital Hantec Markets HeroFX HYCM IC IC Trading IFC Markets IG InstaForex InstaTrade Interactive Brokers IronFX JustMarkets Kraken LHFX LiteFinance LiteForex Europe LMFX M4Markets Markets.com Moneta Markets Moomoo NAGA Nexo NinjaTrader NordFX OKX OnFin Pepperstone Pionex Plexytrade Plus500 Plus500US PrimeXBT PU Prime Qtrade RoboForex SimpleFX Skilling Spreadex Switch Markets TabTrade Tickmill TIOmarkets TMGM TopFX Trade Nation TradeUp TradeZero Ultima Markets UnitedPips Vantage xChief XM XTB Zacks Trade ZuluTrade Compare

The most popular Ingot Brokers comparisons:

• OANDA vs Ingot Brokers

Customer reviews

3.0 / 5

Based on 2 Ingot Brokers customer reviews submitted by our visitors. Have you traded with Ingot Brokers? Please share your experience.

1

Untrustworthy and manipulative. Ingot Brokers engages in suspicious trading practices and platform manipulation that cost clients money. Stay away if you value transparency and fairness.

Ali Bahrain August 11, 2025

5

The best forex broker in Kenya. As opposed to claims there are not much educational resources, I want to confess that Ingot Brokers are the currently the best in providing trading insights to it’s new and existing clients

Eddy Kenya May 27, 2025

Review Ingot Brokers

If you have traded with Ingot Brokers, please share your experience and what you think are its strong and weak points.

Your rating 5 (best)4321 (worst)

Your review (at least 100 characters)

Your name

Your location

Your email (optional)

Submit review