INGOT Brokers
INGOT Brokers is a multi-regulated forex and CFD broker founded in 2006, offering access to 1,000+ instruments via MetaTrader 4 and MetaTrader 5. Regulated by ASIC in Australia (AFSL 428015), CySEC in Cyprus (CIF 462/25), FSA Seychelles (SD117), the Jordan Securities Commission (JSC), and Dubai's Securities and Commodities Authority (SCA), INGOT Brokers provides a range of account types from as low as $1 minimum deposit, spreads from 0.0 pips on ECN accounts, and Islamic (swap-free) options across all tiers.
Editor Rating
Calculated from 7+ safety & service metrics
Affiliate Disclosure: We may receive compensation when you click on links. This does not affect our ratings or reviews.
$1
1.2 pips (Standard); 0.7 pips (EVO); 0.0+ (ECN)
pips1:30
1000+
Pros
- ASIC-regulated in Australia (AFSL 428015) — genuine Tier 1 regulation with segregated client funds
- Newly acquired CySEC license (CIF 462/25) for EU expansion — ICF protection up to €20,000
- Exceptionally low entry barrier — Elite account from $1, EVO from $10
- ECN raw-spread account with 0.0 pips and $7/lot RT commission — competitive for active traders
- Islamic (swap-free) accounts available across all tiers — strong for MENA clients
Cons
- Offshore entity (FSA Seychelles, SD117) offers materially weaker investor protection than ASIC or CySEC
- Standard account EUR/USD spread of 1.2 pips is average — not competitive vs discount ECN brokers
- Mixed user reviews regarding withdrawal processing times and customer support responsiveness
- No proprietary trading platform — entirely reliant on MetaTrader suite
- Research and education are basic compared to brokers like OANDA, Saxo Bank, or Interactive Brokers
Who is it for?
INGOT Brokers is a multi-regulated broker with an exceptionally low entry barrier ($1 on Elite account), diverse account tiers for all experience levels, and strong regional presence in the Middle East, Africa, and Asia-Pacific. ASIC and CySEC regulation provide credibility, while the FSA Seychelles offshore entity offers high leverage for non-EU/AU clients.
Is INGOT Brokers Safe?
Regulator
ASIC
License Holder
INGOT AU PTY LTD
No statutory compensation scheme
ASIC does not operate a formal investor compensation fund for retail forex and CFD clients. Client fund segregation requirements may still apply.
Safety Score
Medium ConfidenceEditorial Summary
Client Fund Protection
Protection Snapshot
Limitations
Regulatory Oversight
Regulatory Coverage
Editorial Summary
—
2006
Company Facts
Headquarters
Australia
Founded
2006
Publicly Listed
No
Bank-backed
No
License Summary
| Regulator | Legal Entity | License |
|---|---|---|
| ASIC | INGOT AU PTY LTD | Authorized 428015 |
| CySEC | INGOT Brokers Europe Ltd | Authorized 462/25 |
| FSA Seychelles | INGOT Global Ltd | Authorized SD117 |
INGOT Brokers Fees and Spreads
Compare brokersCosts at a glance
INGOT Brokers offers competitive pricing across its tiered accounts. The Standard account is commission-free with spreads from 1.2 pips. The EVO account reduces spreads to 0.7 pips with a $10 minimum deposit. The ECN account provides raw spreads from 0.0 pips with a $7 per lot round-turn commission. The Prime account ($25,000 minimum) offers the tightest institutional pricing at $5 per round-turn lot.
EUR/USD typical spread
1.2 pips (Standard); 0.7 pips (EVO); 0.0+ (ECN)
Crypto costs
Average
Commissions
Disclosed
Varies by instrument
Non-trading fees
Low
Real trading costs may vary depending on liquidity, volatility, and account structure.
Fee breakdown
| Fee type | Details |
|---|---|
| Trading | |
| Spreads | Variable spreads across all accounts. Standard: from 1.2 pips EUR/USD (commission-free). EVO: from 0.7 pips EUR/USD (commission-free). ECN: from 0.0 pips EUR/USD ($7/lot round-turn commission). Prime: from 0.0 pips EUR/USD ($5/lot round-turn commission). Spreads may widen significantly during low-liquidity periods and weekends. |
| Commissions | Zero commission on Standard, EVO, and Elite accounts. ECN: $7 per round-turn lot. Prime: $5 per round-turn lot. Stock CFDs: standard commission applies. |
| Execution notes | Market execution via STP/NDD model. MT4 and MT5 supported across all tiers. Maximum leverage varies from 1:30 (ASIC/CySEC-regulated entities) to 1:500 (FSA Seychelles offshore entity). |
| Non-trading | |
| Withdrawal fees | INGOT Brokers states no deposit or withdrawal fees from their side. However, third-party bank/wire transfer and currency conversion fees from payment providers may apply. Return-to-source policy applies for withdrawals. |
| Inactivity fee | $10/month after 6 months of inactivity on the account. |
| Currency conversion | Currency conversion fees apply for non-base currency deposits. Base currency options include USD, AUD, EUR, GBP. |
How we assess fees
Costs assessed using published spread data from INGOT Brokers' official website and verified against third-party review sources. EUR/USD spreads verified across Standard (1.2 pips), EVO (0.7 pips), and ECN (0.0 pips + $7/lot) accounts. Non-trading fees (inactivity, withdrawal) verified via official fee schedule and regulatory documentation.
Fees & Cost Assessment
Is this broker cheap, average, or expensive? Our editorial assessment normalizes costs across account types to give you a clear answer.
Cost Score
Medium ConfidenceEditorial Summary
Trading Cost Implications
Cost Snapshot
Editorial Explanation
Limitations
Non-Trading Cost Considerations
Cost Snapshot
Editorial Explanation
Limitations
INGOT Brokers
Ready to get started?
INGOT Brokers Platforms and Tools
Available Platforms
Platform Quality Assessment
MetaTrader 5
INGOT Brokers offers MT5 with full EA support, Depth of Market, and multi-asset capability. The standard MT5 feature set is available with no INGOT-specific plugins or enhancements beyond standard server-side configuration.
Limitations
No proprietary platform — reliant entirely on MetaTrader suite. Mobile charting is functional but less rich than TWS-type platforms.
Quality Snapshot
MetaTrader 4
MT4 remains available for clients who prefer the legacy platform or have existing MT4-based Expert Advisors. INGOT Brokers supports both platforms simultaneously on the same account.
Limitations
MT4 is increasingly dated — limited to 9 timeframes and lacks the multi-threaded strategy tester of MT5. No exchange-level market depth.
Quality Snapshot
Markets & Instruments
1000+ instruments available across all markets
How to Deposit and Withdraw at INGOT Brokers
Payment methods
| Method | Available | Typical deposit time |
|---|---|---|
| Bank Transfer | 1–3 business days | |
| Credit/Debit Card | Instant | |
| PayPal | — | |
| Skrill | Instant | |
| Neteller | Instant | |
| Wise | — | |
| Revolut | — | |
| Crypto | Network dependent |
Withdrawal processing
Actual processing times may vary by payment method and jurisdiction.
Customer support
Live Chat
AvailablePhone
AvailableCallback
Not availableAvailability & languages
Support hours
24/5
Languages
English, Arabic, Chinese, Malay, Indonesian, French, Spanish
INGOT Brokers Account Types
| Account | Execution | Min Deposit | Spread from | Commission |
|---|---|---|---|---|
| Elite | Market | $1 | 1 | Zero commission |
| EVO | Market | $10 | 0.7 | Zero commission |
| Standard | Market | $100 | 1.2 | Zero commission |
Elite
Execution
Market
Min Deposit
$1
Spread from
1
Commission
Zero commission
Instruments: All instruments; leverage up to 1:500
EVO
Execution
Market
Min Deposit
$10
Spread from
0.7
Commission
Zero commission
Instruments: All instruments
Standard
Execution
Market
Min Deposit
$100
Spread from
1.2
Commission
Zero commission
Instruments: All instruments
Trading conditions may vary based on account selection and regulatory jurisdiction.
Education & Research
Education
INGOT Brokers provides a reasonable library of educational content targeting beginners and intermediate traders. Resources include video tutorials, webinars, market glossaries, and written guides covering forex basics, technical analysis, and risk management. The onboarding process is guided with structured account setup steps.
Limitations
Advanced strategy content is limited compared to top-tier brokers. No structured learning academy with progress tracking. Research and education feel more promotional than institutional in nature.
Quality Snapshot
Research & Market Insights
Research tools include an economic calendar, periodic market analysis articles, and Trading Central signals available on higher-tier accounts. Real-time data is available through MT4/MT5 price feeds.
Limitations
No premium third-party research integrations (e.g. Morningstar, Reuters) for standard accounts. Research depth is notably below Interactive Brokers, Saxo Bank, or OANDA. Limited proprietary market commentary.
Quality Snapshot
INGOT Brokers Review
Editor Rating Breakdown
Verdict
Average
INGOT Brokers
Ready to get started?
Frequently Asked Questions
Affiliate Disclosure: We may receive compensation when you click on links. This does not affect our ratings or reviews.
$1
1.2 pips (Standard); 0.7 pips (EVO); 0.0+ (ECN)
pips1:30
1000+
Pros
- ASIC-regulated in Australia (AFSL 428015) — genuine Tier 1 regulation with segregated client funds
- Newly acquired CySEC license (CIF 462/25) for EU expansion — ICF protection up to €20,000
- Exceptionally low entry barrier — Elite account from $1, EVO from $10
- ECN raw-spread account with 0.0 pips and $7/lot RT commission — competitive for active traders
- Islamic (swap-free) accounts available across all tiers — strong for MENA clients
Cons
- Offshore entity (FSA Seychelles, SD117) offers materially weaker investor protection than ASIC or CySEC
- Standard account EUR/USD spread of 1.2 pips is average — not competitive vs discount ECN brokers
- Mixed user reviews regarding withdrawal processing times and customer support responsiveness
- No proprietary trading platform — entirely reliant on MetaTrader suite
- Research and education are basic compared to brokers like OANDA, Saxo Bank, or Interactive Brokers
Who is it for?
INGOT Brokers is a multi-regulated broker with an exceptionally low entry barrier ($1 on Elite account), diverse account tiers for all experience levels, and strong regional presence in the Middle East, Africa, and Asia-Pacific. ASIC and CySEC regulation provide credibility, while the FSA Seychelles offshore entity offers high leverage for non-EU/AU clients.
Is INGOT Brokers Safe?
Regulator
ASIC
License Holder
INGOT AU PTY LTD
No statutory compensation scheme
ASIC does not operate a formal investor compensation fund for retail forex and CFD clients. Client fund segregation requirements may still apply.
Safety Score
Medium ConfidenceEditorial Summary
Client Fund Protection
Protection Snapshot
Limitations
Regulatory Oversight
Regulatory Coverage
Editorial Summary
—
2006
Company Facts
Headquarters
Australia
Founded
2006
Publicly Listed
No
Bank-backed
No
License Summary
| Regulator | Legal Entity | License |
|---|---|---|
| ASIC | INGOT AU PTY LTD | Authorized 428015 |
| CySEC | INGOT Brokers Europe Ltd | Authorized 462/25 |
| FSA Seychelles | INGOT Global Ltd | Authorized SD117 |
INGOT Brokers Fees and Spreads
Compare brokersCosts at a glance
INGOT Brokers offers competitive pricing across its tiered accounts. The Standard account is commission-free with spreads from 1.2 pips. The EVO account reduces spreads to 0.7 pips with a $10 minimum deposit. The ECN account provides raw spreads from 0.0 pips with a $7 per lot round-turn commission. The Prime account ($25,000 minimum) offers the tightest institutional pricing at $5 per round-turn lot.
EUR/USD typical spread
1.2 pips (Standard); 0.7 pips (EVO); 0.0+ (ECN)
Crypto costs
Average
Commissions
Disclosed
Varies by instrument
Non-trading fees
Low
Real trading costs may vary depending on liquidity, volatility, and account structure.
Fee breakdown
| Fee type | Details |
|---|---|
| Trading | |
| Spreads | Variable spreads across all accounts. Standard: from 1.2 pips EUR/USD (commission-free). EVO: from 0.7 pips EUR/USD (commission-free). ECN: from 0.0 pips EUR/USD ($7/lot round-turn commission). Prime: from 0.0 pips EUR/USD ($5/lot round-turn commission). Spreads may widen significantly during low-liquidity periods and weekends. |
| Commissions | Zero commission on Standard, EVO, and Elite accounts. ECN: $7 per round-turn lot. Prime: $5 per round-turn lot. Stock CFDs: standard commission applies. |
| Execution notes | Market execution via STP/NDD model. MT4 and MT5 supported across all tiers. Maximum leverage varies from 1:30 (ASIC/CySEC-regulated entities) to 1:500 (FSA Seychelles offshore entity). |
| Non-trading | |
| Withdrawal fees | INGOT Brokers states no deposit or withdrawal fees from their side. However, third-party bank/wire transfer and currency conversion fees from payment providers may apply. Return-to-source policy applies for withdrawals. |
| Inactivity fee | $10/month after 6 months of inactivity on the account. |
| Currency conversion | Currency conversion fees apply for non-base currency deposits. Base currency options include USD, AUD, EUR, GBP. |
How we assess fees
Costs assessed using published spread data from INGOT Brokers' official website and verified against third-party review sources. EUR/USD spreads verified across Standard (1.2 pips), EVO (0.7 pips), and ECN (0.0 pips + $7/lot) accounts. Non-trading fees (inactivity, withdrawal) verified via official fee schedule and regulatory documentation.
Fees & Cost Assessment
Is this broker cheap, average, or expensive? Our editorial assessment normalizes costs across account types to give you a clear answer.
Cost Score
Medium ConfidenceEditorial Summary
Trading Cost Implications
Cost Snapshot
Editorial Explanation
Limitations
Non-Trading Cost Considerations
Cost Snapshot
Editorial Explanation
Limitations
INGOT Brokers
Ready to get started?
INGOT Brokers Platforms and Tools
Available Platforms
Platform Quality Assessment
MetaTrader 5
INGOT Brokers offers MT5 with full EA support, Depth of Market, and multi-asset capability. The standard MT5 feature set is available with no INGOT-specific plugins or enhancements beyond standard server-side configuration.
Limitations
No proprietary platform — reliant entirely on MetaTrader suite. Mobile charting is functional but less rich than TWS-type platforms.
Quality Snapshot
MetaTrader 4
MT4 remains available for clients who prefer the legacy platform or have existing MT4-based Expert Advisors. INGOT Brokers supports both platforms simultaneously on the same account.
Limitations
MT4 is increasingly dated — limited to 9 timeframes and lacks the multi-threaded strategy tester of MT5. No exchange-level market depth.
Quality Snapshot
Markets & Instruments
1000+ instruments available across all markets
How to Deposit and Withdraw at INGOT Brokers
Payment methods
| Method | Available | Typical deposit time |
|---|---|---|
| Bank Transfer | 1–3 business days | |
| Credit/Debit Card | Instant | |
| PayPal | — | |
| Skrill | Instant | |
| Neteller | Instant | |
| Wise | — | |
| Revolut | — | |
| Crypto | Network dependent |
Withdrawal processing
Actual processing times may vary by payment method and jurisdiction.
Customer support
Live Chat
AvailablePhone
AvailableCallback
Not availableAvailability & languages
Support hours
24/5
Languages
English, Arabic, Chinese, Malay, Indonesian, French, Spanish
INGOT Brokers Account Types
| Account | Execution | Min Deposit | Spread from | Commission |
|---|---|---|---|---|
| Elite | Market | $1 | 1 | Zero commission |
| EVO | Market | $10 | 0.7 | Zero commission |
| Standard | Market | $100 | 1.2 | Zero commission |
Elite
Execution
Market
Min Deposit
$1
Spread from
1
Commission
Zero commission
Instruments: All instruments; leverage up to 1:500
EVO
Execution
Market
Min Deposit
$10
Spread from
0.7
Commission
Zero commission
Instruments: All instruments
Standard
Execution
Market
Min Deposit
$100
Spread from
1.2
Commission
Zero commission
Instruments: All instruments
Trading conditions may vary based on account selection and regulatory jurisdiction.
Education & Research
Education
INGOT Brokers provides a reasonable library of educational content targeting beginners and intermediate traders. Resources include video tutorials, webinars, market glossaries, and written guides covering forex basics, technical analysis, and risk management. The onboarding process is guided with structured account setup steps.
Limitations
Advanced strategy content is limited compared to top-tier brokers. No structured learning academy with progress tracking. Research and education feel more promotional than institutional in nature.
Quality Snapshot
Research & Market Insights
Research tools include an economic calendar, periodic market analysis articles, and Trading Central signals available on higher-tier accounts. Real-time data is available through MT4/MT5 price feeds.
Limitations
No premium third-party research integrations (e.g. Morningstar, Reuters) for standard accounts. Research depth is notably below Interactive Brokers, Saxo Bank, or OANDA. Limited proprietary market commentary.
Quality Snapshot
INGOT Brokers Review
Editor Rating Breakdown
Verdict
Average
INGOT Brokers
Ready to get started?
Frequently Asked Questions
Risk Warning
CFDs are complex instruments. 74-89% of retail investor accounts lose money.