INGOT review

INGOT is a prominent group of well-regulated brokers that offer financial services globally. The broker adheres to strict regulatory standards set by esteemed financial institutions, including the Financial Services Authority of Seychelles (FSA), the Capital Markets Authority (CMA) of Kenya, the Australian Securities and Investments Commission (ASIC), and the Jordan Securities Commission (JSC). With INGOT, traders have access to an impressive range of 277 tradable instruments. These include 42 currency pairs, 190 CFDs (Contracts for Difference) on shares, 25 crypto derivatives, 8 indices, and 12 commodities encompassing precious metals and energies. Such diversity provides ample opportunities for traders to explore various markets and investment options. Clients of INGOT can select between two of the most popular and reliable trading platforms available: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). While both platforms are highly regarded, it's important to note that MT5 is a multi-asset software, making it suitable for trading a wide range of financial instruments. On the other hand, MT4 is particularly well-suited for trading currency pairs. Traders can seamlessly install these platforms on their desktop computers and smartphones, ensuring flexibility and convenience. Additionally, INGOT offers web trading terminals for easy accessibility. One of the standout features of INGOT is its support for social trading. Traders have the option to automatically copy successful traders using the trading platforms or become signal providers, offering their trading signals to generate additional income. This fosters a sense of community and allows traders to benefit from the expertise of others. For beginner traders, INGOT provides high-quality educational materials. Novice traders can access explanatory videos, read informative investment articles, and participate in webinars provided by the broker. This comprehensive educational support helps newcomers learn the basics of trading and investment strategies. Additionally, seasoned traders can utilize trading calculators and stay updated with economic news to make informed market judgments. Overall, INGOT stands out as a reputable broker group with a strong global presence and top-tier regulation. The wide range of tradable instruments, popular trading platforms, social trading capabilities, and educational resources make it an attractive choice for traders seeking a comprehensive and reliable trading experience.
Afghanistan, Albania, Algeria, Andorra +174 more
ASIC, CMA, FSA Seychelles, Jordan Securities Commission
Account currencies
CFDs on Stocks, Crypto CFDs, ETFs, Energies, Futures, Indices, Precious metals, Soft Commodities
MT4, MT5
Deposit methods
ApplePay, Bank Transfer, Credit Card, Crypto
options.others["Account segregation"], Copy trading, options.others["Demo accounts"], ECN, Exotic Pairs, Expert Advisors, Fast withdrawals, options.others["Hedging"], High leverage, Lowest minimum deposit, Lowest spreads, Micro Lots, Negative balance protection, PAMM, STP, options.others["Swap-free accounts"]
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When opening a live trading account with INGOT, it's important to note that trading conditions may vary based on your country of residence. For international traders, the maximum available leverage is set at 500:1. The broker offers three account currencies to choose from: EUR, USD, and AUD. It is advisable to open your trading account in a currency that you frequently use to minimize conversion fees during deposits and withdrawals. To cater to different trader types, INGOT provides three distinct account types. The ECN accounts are designed for traders who execute multiple trades within a day, placing high importance on low spreads. The ECN account charges no spread markups, but traders are subject to a round turn commission of 7 USD per traded lot. For traders with VIP status, the Prime account is available, with lower commissions of 5 USD per traded lot. Opening a Prime account requires a minimum deposit of over 10,000 USD. It's important to note that the maximum available leverage on both Prime and ECN accounts is limited to 200:1. Conversely, the Professional account offers 500:1 leverage and is better suited for traders who do not frequently place orders. This account type charges no commissions, with trading fees included in the spreads. As a result, spreads on popular pairs like EUR/USD start as low as 1 pip. Overall, INGOT can be considered a trustworthy broker with competitive trading fees and popular trading platforms. However, it is worth mentioning that the number of available instruments is somewhat limited compared to some competitors, with clients having access to around 280 instruments. It is recommended to carefully consider your trading requirements and preferences to choose the most suitable account type and take advantage of the favorable trading conditions offered by INGOT.

FAQs about INGOT

Is ingot brokers legit?

Yes, INGOT brokers is regulated in multiple jurisdictions, and therefore can be trusted. The list of regulators includes: the Financial Services Authority of Seychelles (FSA), the Capital Markets Authority (CMA) of Kenya, the Australian Securities and Investments Commission (ASIC), and Jordan Securities Commission (JSC).

How do you trade in ingot?

To start trading with INGOT, first you need to register as a trader. The second step is to open a live trading account, and verify your account. The final step is to make a deposit and start trading. The broker offers various deposit options, such as Apple Pay, Bank Transfer, Bitcoin, Credit/Debit Card, and Crypto.

What is the minimum deposit for ingot brokers?

INGOT offers 3 account types, and deposit requirements vary depending on your account type. To open ECN and Professional accounts, you will need to deposit over 100 USD. To open the PRIME account, you will need to deposit over 10,000 to your account.