INGOT Brokers Review: Trade Forex with Easy Deposits and Reliable Access

Overview

INGOT Brokers, founded in 2006, is a globally recognised multi-asset brokerage group with a strong presence in Australia, Jordan, Kenya, Seychelles, and South Africa. The broker has quickly gained a reputation for providing a diverse range of tradable instruments, advanced trading platforms, and a commitment to client education and support.

With a mission to empower traders of all experience levels, INGOT Brokers offers access to over 1,000 financial instruments, including currencies, stocks, ETFs, cryptocurrencies, agricultural commodities, indices, metals, and energies. The broker's wide selection of assets, combined with competitive trading conditions and cutting-edge technology, has positioned INGOT Brokers as a leading choice for traders worldwide.

For More Details, Visit the Official INGOT Brokers Website [ ingotbrokers.com ]

Overview Table

Feature	Details
Founded	2006
Regulation	Australia (ASIC), Jordan (JSC), Kenya (CMA), Seychelles (FSA), South Africa (FSCA)
Tradable Instruments	1,000+
Account Types	EVO, Standard
Trading Platforms	MetaTrader 4, MetaTrader 5, INGOT Copy Trader, INGOT Mobile App
Minimum Deposit	$10 (EVO), $100 (Standard)
Customer Support	24/6
Unique Offering	"Secure Start" program, covering up to $100 of a new trader's first trade

Facts List

1. Established in 2006
2. Regulated by 5 major financial authorities
3. Offers over 1,000 tradable instruments
4. Provides MetaTrader 4, MetaTrader 5, INGOT Copy Trader, and INGOT Mobile App
5. Supports market analysis with tools like economic calendar and margin calculators
6. Offers educational resources, including video tutorials and a trading glossary
7. Provides 24/6 customer support
8. Offers a "Secure Start" program for new traders, covering up to $100 of their first trade
9. Offers two main account types: EVO and Standard
10. Provides competitive spreads, high leverage, and zero commissions on select account types

INGOT Brokers Licenses and Regulatory

INGOT Brokers prioritises client security and operates under the strict supervision of five reputable regulatory bodies:

• INGOT Global Ltd: Regulated by the Financial Services Authority of Seychelles (FSA), Securities Dealer License number "SD117"
• INGOT Brokers (Australia) Pty Ltd: Regulated by the Australian Securities and Investments Commission (ASIC), Australian Financial Services License "Number 428015"
• INGOT Financial Brokerage Ltd: Regulated by the Jordan Securities Commission (JSC), letter No. 3/1/00829/21
• INGOT RSA (Pty) Ltd: Authorized and licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, as a financial services provider (FSP 51008)
• INGOT Africa Ltd: Holds a Non-Dealing Online Foreign Exchange Broker License from the Capital Markets Authority (CMA) of Kenya, License No 173

The multi-jurisdictional regulation demonstrates INGOT Brokers' commitment to maintaining the highest standards of financial security and transparency. Clients can trust that their funds are held in segregated accounts and that the broker adheres to strict guidelines to ensure a safe trading environment.

Trading Instruments

INGOT Brokers offers an extensive range of tradable assets, catering to the diverse needs and preferences of traders worldwide. With over 1,000 instruments available, the broker provides access to a wide array of markets, allowing clients to diversify their portfolios and capitalise on various market conditions. More comprehensive details on the specific assets offered can be found on INGOT Brokers' official website.

Asset Class	Available Instruments	Highlights
Forex	Major, minor, and exotic currency pairs (e.g., EUR/USD, GBP/USD, USD/JPY, USD/CHF)	Spreads from 0.7 pips on EVO account; wide selection of pairs for flexible trading
Stocks & ETFs	CFDs on global stocks and ETFs from the US, UK, and Europe (e.g., Apple, Amazon, SPDR S&P 500)	Exposure to top global companies and leading ETFs
Commodities	Precious metals, energies, and agricultural products (e.g., gold, silver, oil, coffee, wheat)	Trade key commodities to diversify and hedge market exposure
Cryptocurrencies	CFDs on major digital assets like Bitcoin, Ethereum, Litecoin, and Ripple	Speculate on crypto prices without owning digital wallets
Indices	CFDs on global indices such as S&P 500, NASDAQ 100, FTSE 100, DAX 30, and Nikkei 225	Access to entire market sectors with index-based trading opportunities

Trading Platforms

INGOT Brokers offers its clients access to a range of powerful and user-friendly trading platforms, ensuring that traders of all experience levels can efficiently execute their strategies and make informed decisions. The broker provides access to the industry-leading MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its proprietary INGOT Copy Trader and INGOT Mobile App.

MetaTrader 4 (MT4)

MT4 is one of the most widely used trading platforms in the world, known for its reliability, speed, and extensive range of features. INGOT Brokers' MT4 platform offers a user-friendly interface, advanced charting tools, and a wide selection of technical indicators and analytical objects. Traders can access the platform through desktop, web, and mobile versions, ensuring seamless trading across devices.

Key features of INGOT Brokers' MT4 platform include:

• 30+ technical indicators and 24 analytical objects
• 9 timeframes for detailed market analysis
• Expert Advisors (EAs) for automated trading
• Customizable charts and templates
• One-click trading and instant execution

MetaTrader 5 (MT5)

MT5 is the successor to MT4, offering enhanced functionality and advanced trading tools. INGOT Brokers' MT5 platform provides traders with access to a wider range of markets, including stocks, ETFs, and futures, in addition to forex, metals, indices, and energies. The platform features a more advanced charting package, an expanded selection of technical indicators, and improved backtesting capabilities for Expert Advisors.

Key features of INGOT Brokers' MT5 platform include:

• 38+ technical indicators and 44 analytical objects
• 21 timeframes for in-depth market analysis
• Advanced Expert Advisors (EAs) and MQL5 programming language
• Depth of Market (DOM) for greater transparency
• Customizable charts, templates, and workspaces

INGOT Copy Trader

INGOT Brokers' proprietary Copy Trader platform allows clients to automatically copy the trades of successful traders, making it an ideal solution for novice traders or those looking to diversify their portfolios. The platform is accessible through web and mobile versions, enabling users to monitor and manage their copy trading activities on the go.

Key features of INGOT Copy Trader include:

• Access to a wide range of trading strategies and instruments
• Detailed statistics and performance metrics for each strategy provider
• Fully automated trade execution and risk management
• Flexibility to customize copy trading settings and allocate funds

INGOT Mobile App

The INGOT Mobile App offers traders the convenience of accessing their accounts and executing trades directly from their smartphones or tablets. The app is available for both iOS and Android devices and provides a streamlined and intuitive trading experience on the go.

Key features of the INGOT Mobile App include:

• Real-time quotes and charts for a wide range of instruments
• Instant trade execution and order management
• Secure account access and funding options
• Personalized watchlists and price alerts

Trading Platforms Comparison Table

Feature	MT4	MT5	INGOT Copy Trader	INGOT Mobile App
Markets	Forex, Metals, Indices, Energies	Forex, Metals, Indices, Energies, Stocks, ETFs, Futures	Forex, Metals, Indices, Energies, Stocks, ETFs, Cryptocurrencies	Forex, Metals, Indices, Energies, Stocks, ETFs, Cryptocurrencies
Technical Analysis	30+ indicators, 24 analytical objects	38+ indicators, 44 analytical objects	N/A	Basic charts and indicators
Timeframes	9	21	N/A	Real-time quotes
Automated Trading	Expert Advisors (EAs)	Expert Advisors (EAs), MQL5	Fully automated copy trading	N/A
Order Execution	One-click trading, instant execution	One-click trading, instant execution	Automated trade execution	Instant trade execution
Customization	Charts, templates	Charts, templates, workspaces	Copy trading settings	Watchlists, alerts
Accessibility	Desktop, Web, Mobile	Desktop, Web, Mobile	Web, Mobile	Mobile

INGOT Brokers How to Open an Account: A Step-by-Step Guide

Opening an account with INGOT Brokers is a straightforward and user-friendly process. To start trading with this multi-asset broker, follow these simple steps:

Step 1: Visit the INGOT Brokers website Go to the official INGOT Brokers website at ingotbrokers.com and click on the "Open an Account" or "Start Trading" button.

Step 2: Fill out the registration form Complete the online registration form by providing your personal details, such as your full name, email address, phone number, and country of residence. You'll also need to create a secure password for your account.

Step 3: Choose your account type Select the account type that best suits your trading needs and experience level. INGOT Brokers offers two main account types: EVO and Standard. The EVO account requires a minimum deposit of $10, while the Standard account requires a minimum deposit of $100.

Step 4: Verify your identity To comply with regulatory requirements and ensure the security of your account, INGOT Brokers requires clients to complete a simple identity verification process. You'll need to provide a valid government-issued ID, such as a passport or driver's license, and proof of residence, such as a utility bill or bank statement.

Step 5: Fund your account Once your account is verified, you can fund it using one of the available payment methods. INGOT Brokers accepts various funding options, including Apple Pay, bank transfers, credit/debit cards, and cryptocurrencies. The minimum deposit amount varies depending on the payment method, starting from as low as $10.

Step 6: Download and install the trading platform Choose the trading platform that best suits your needs, such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), or the INGOT Mobile App. Download and install the platform on your device, then log in using your INGOT Brokers account credentials.

Step 7: Start trading With your account funded and the trading platform installed, you can now start exploring the markets and placing trades. Be sure to familiarise yourself with the platform's features and tools, and always practise responsible risk management.

Charts and Analysis

INGOT Brokers offers a comprehensive suite of educational trading resources and tools designed to support clients in their trading journey, from novice traders to experienced professionals. These resources aim to enhance traders' market understanding, technical analysis skills, and overall trading knowledge.

Market Analysis Tools

INGOT Brokers Account Types

INGOT Brokers offers a range of trading account options designed to cater to the diverse needs and preferences of traders at various stages of their trading journey. The broker provides two primary account types: EVO and Standard, each with unique features and benefits tailored to specific trading styles and experience levels.

EVO Account

The EVO account is an ideal choice for novice traders and those looking to start trading with a lower capital outlay. Key features of the EVO account include:

1. Low Minimum Deposit: Traders can open an EVO account with a minimum deposit of just $10, making it accessible to a wide range of investors.
2. Competitive Spreads: EVO account holders enjoy competitive spreads, with the EUR/USD spread starting from as low as 0.7 pips.
3. High Leverage: Leverage of up to 1:5000 is available on Forex Majors, allowing traders to potentially maximise their trading capital.
4. Zero Commissions: No additional commissions are charged on trades, helping to keep trading costs low.
5. Wide Range of Instruments: EVO account holders can access a broad selection of trading instruments, including Forex, metals, indices, energies, cryptocurrencies, and stocks.

Standard Account

The Standard account is designed for more experienced traders and those with a higher investment capital. Key features of the Standard account include:

1. Higher Minimum Deposit: A minimum deposit of $100 is required to open a Standard account, suitable for traders with a larger trading budget.
2. Competitive Spreads: Standard account holders benefit from competitive spreads, with the EUR/USD spread starting from 1.2 pips.
3. High Leverage: Leverage of up to 1:5000 is available on Forex Majors, with additional leverage options on various futures contracts.
4. Zero Commissions: Like the EVO account, no additional commissions are charged on trades.
5. Extensive Instrument Offering: Standard account holders can trade a wide range of instruments, including all those available to EVO account holders, plus additional futures contracts on soft commodities and grains.

Both account types offer the flexibility of a swap-free (Islamic) option, making them accessible to a broader range of traders. Additionally, both accounts grant access to INGOT Brokers' comprehensive suite of trading platforms, including INGOT for Mobile, INGOT for WEB, MetaTrader 4, MetaTrader 5, and INGOT Copy Trader.

Account Types Comparison Table

Feature	EVO Account	Standard Account
Minimum Deposit	$10	$100
Spreads (EUR/USD)	From 0.7 pips	From 1.2 pips
Leverage	Up to 1:5000 on Forex Majors	Same as EVO + additional futures
Commission	Zero	Zero
Swap-Free Option	Available	Available
Trading Instruments	1000+	1000+
Trading Platforms	INGOT for Mobile, INGOT for WEB, MT4, MT5, INGOT Copy Trader	Same as EVO

Negative Balance Protection

Protection Negative balance protection is a crucial risk management feature offered by INGOT Brokers to safeguard clients' funds and mitigate the risk of losses exceeding their account balance. In the fast-paced world of online trading, where market volatility and unexpected events can lead to rapid price fluctuations, negative balance protection acts as a safety net for traders. Potential Scenarios Leading to Negative Balances

1. Extreme Market Volatility: During periods of high market volatility, such as during major economic events or geopolitical crises, prices can fluctuate rapidly, potentially leading to significant losses.
2. Overnight Gaps: Markets can experience gaps between closing and opening prices, which may result in substantial losses if a trader's stop-loss orders are not executed at the expected price.
3. Leverage: Trading with high leverage can amplify both gains and losses. If a highly leveraged position moves against a trader, it can quickly deplete their account balance and potentially lead to a negative balance.

INGOT Brokers offers negative balance protection to all clients, regardless of their account type or trading style. The broker automatically adjusts negative account balances back to zero, ensuring that traders do not owe money to the broker as a result of trading losses.

INGOT Brokers Deposits and Withdrawals

INGOT Brokers offers a range of convenient deposit and withdrawal options to cater to the needs of its global client base. The broker understands the importance of efficient and secure payment processing in the fast-paced world of online trading and strives to make transactions as seamless as possible.

Deposit Methods

Withdrawal Methods

Customer Support Reliable and efficient customer support is a critical aspect of any reputable online broker, and INGOT Brokers recognises the importance of providing prompt and helpful assistance to its clients. The broker offers a range of customer support channels to cater to the diverse needs and preferences of its global client base.

Support Service for Customer

Reliable and efficient customer support is a critical aspect of any reputable online broker, and INGOT Brokers recognises the importance of providing prompt and helpful assistance to its clients. The broker offers a range of customer support channels to cater to the diverse needs and preferences of its global client base.

1. Email: Clients can reach out to INGOT Brokers' support team via email at customerservice@ingotbrokers.com.au, customerservice@ingotbrokers.com, customerservice@ingotbrokers.com.jo, info@ingotbrokersrsa.com, or customerservice@ingotbrokersafrica.com, depending on their region.
2. Phone: INGOT Brokers provides local telephone support numbers for clients in different countries. The specific numbers can be found on the broker's official website.
3. Live Chat: Traders can access instant support via the live chat feature available on INGOT Brokers' website. This is an ideal option for quick queries and real-time assistance.
4. Online Contact Form: Clients can submit their enquiries or requests through an online contact form, which can be found in the "Contact Us" section of the broker's website.

Availability and Response Times INGOT Brokers' customer support team is available 24 hours a day, 6 days a week (24/6), ensuring that clients can receive assistance at any time during the trading week. The broker strives to provide prompt responses to all enquiries, with most emails and contact form submissions being addressed within 24 hours. Language Support To cater to its international client base, INGOT Brokers offers support in several languages, including English, Arabic, French, Spanish, and Chinese. This ensures that traders from different regions can communicate effectively with the support team and receive assistance in their preferred language.

Customer Support Comparison Table

Channel	Availability	Languages
Email	24/6	English, Arabic, French, Spanish, Chinese
Phone	24/6	English, Arabic, French, Spanish, Chinese
Live Chat	24/6	English, Arabic, French, Spanish, Chinese
Online Contact Form	24/6	English, Arabic, French, Spanish, Chinese

Prohibited Countries

Prohibited Countries

Due to various regulatory requirements, licensing restrictions, and geopolitical factors, INGOT Brokers is prohibited from offering its services to residents of certain countries and regions. It is essential for traders to be aware of these restrictions to avoid any potential legal or financial complications.

Regions Where INGOT Brokers Operates

• Australia, Jordan, Seychelles, Kenya, South Africa

Special Offers for Customers

INGOT Brokers occasionally provides special promotions and offers to both new and existing clients, aimed at enhancing their trading experience and providing additional value. These offers may include sign-up bonuses, loyalty programs, trading competitions, and more.

1. Deposit Bonuses: Traders may be eligible for bonus funds when making a deposit, subject to specific terms and conditions, such as minimum deposit amounts and trading volume requirements.
2. Loyalty Programs: INGOT Brokers may reward loyal clients with exclusive benefits, such as enhanced trading conditions, personalised support, or invitations to VIP events.
3. Trading Competitions: The broker may host trading competitions, allowing clients to compete for prizes based on their trading performance or other criteria.

Terms and Conditions It is essential for traders to carefully review the terms and conditions associated with any special offer or promotion. These may include specific requirements, such as minimum deposit amounts, trading volume thresholds, or time limitations. Traders should ensure that they fully understand and comply with these terms to avoid any potential misunderstandings or disputes.

Conclusion

As I come to the end of this comprehensive review of INGOT Brokers, I can confidently say that they have established themselves as a reliable and trustworthy broker in the online trading industry. Throughout my analysis, I have examined various aspects of their operations, including regulatory compliance, geographical presence, trading platforms, account types, customer support, and special offers.

One of the standout features of INGOT Brokers is their commitment to regulatory compliance. With licenses from respected authorities in Australia, Jordan, Kenya, Seychelles, and South Africa, they demonstrate a strong dedication to operating transparently and adhering to strict financial regulations. This multi-jurisdictional approach provides traders with peace of mind, knowing that their funds are secure and that the broker is held to high standards of conduct.

INGOT Brokers' wide range of tradable assets, which includes forex, stocks, indices, commodities, and cryptocurrencies, caters to the diverse needs of traders. They offer competitive spreads and leverage, along with a choice of account types suited to both novice and experienced traders. The broker's user-friendly trading platforms, including the popular MetaTrader 4 and MetaTrader 5, as well as their proprietary INGOT Copy Trader and mobile app, provide a seamless trading experience.

I was particularly impressed by INGOT Brokers' commitment to customer support, with their 24/6 availability and multi-language assistance. They offer a variety of contact methods, ensuring that traders can easily reach out for help whenever needed. The broker's negative balance protection policy and segregation of client funds further demonstrate their focus on client safety and security.

While INGOT Brokers' educational resources cover a broad range of topics, there is room for improvement in terms of depth and variety compared to some industry leaders. However, their offerings still provide a solid foundation for traders to build upon and enhance their skills.

The broker's unique "Secure Start" program, which covers up to $100 of a new trader's first trade, is a testament to their dedication to supporting novice traders. This initiative, along with their competitive trading conditions and wide range of assets, makes INGOT Brokers an attractive choice for both new and experienced traders.

In conclusion, INGOT Brokers has demonstrated a strong commitment to providing a safe, transparent, and user-focused trading environment. Their regulatory compliance, comprehensive offerings, and customer-centric approach make them a reliable and trustworthy choice for traders seeking a reputable online broker.