INGOT Brokers Review 2026

Top Brokers Overview — United States
How we tested INGOT Brokers

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

INGOT Brokers Pros & Cons

  • A huge choice of financial instruments allows traders to create a balanced diversified portfolio;
  • Traders are not limited in solutions, they can use advisors and bots, hedge, and trade news;
  • The minimum initial deposit of $100 is below the market average for basic accounts, and the leverage of 1:500 greatly increases the profit potential;
  • Spreads start from 0 pips and fees are $0-$7 depending on the account type;
  • The company offers many useful options, including an economic calendar, currency converter, and trading calculator;
  • INGOT Brokers has a strong training program, and its articles and videos are available even to unregistered users;
  • Technical support is reached 24/5 via a call center, email, and live chat on the website.
  • The broker’s activity is transparent.
  • Trading is available only through MT4 and MT5, this restriction creates an inconvenience for some traders;
  • The MAM Pro system for fund managers is available only on MetaTrader 4;
  • Client support is not active during the weekends.

INGOT Brokers Global Ltd is regulated by the Seychelles Financial Services Authority (FSA) and offers three live account types. Demo accounts are also available. More than 1,000 financial instruments, such as CFDs on currencies, cryptocurrencies, stocks, indices, metals, energies, agricultural commodities, and ETFs are available for trading. The minimum deposit is $100 and the maximum leverage is 1:500. Spreads start from 0 pips. Negative balance protection is provided. Order execution is instant. Traders work through MetaTrader 4 (MT4) and MetaTrader 5 (MT5). There aren’t any restrictions on trading styles and strategies. The broker has its own copy trading service and the innovative MAM Pro system for account managers. A typical partnership program allows traders to earn extra money on invited users.

TU Expert Verdict

Chief Analytics Officer

INGOT Brokers demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

INGOT Brokers provides access to trading more than 1,000 instruments, including 50 Forex pairs, cryptocurrencies, stocks, indices, metals, and ETFs, with order execution through MetaTrader 4 and MetaTrader 5. The broker is regulated by ASIC in Australia and the FSA in Seychelles, and also holds authorizations in Kenya and Jordan. Clients can choose from three live accounts, with minimum deposits from $100, maximum leverage of 1:500, spreads starting from 0 pips, and low fees. Additional features include copy trading, a competitive referral program, a strong training section open to unregistered users, and 24/5 multilingual support.

Drawbacks include the absence of a cent account and swap-free option, as well as limited platform choice since only MetaTrader 4 and MetaTrader 5 are supported. Managed accounts are not available, and technical support is closed on weekends. Customer support performance is below industry norms, and user review sentiment is largely negative. INGOT Brokers may not be suitable for traders who prioritize a broader platform selection, specialized account types, or high-touch support.

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EUR/USD 0.5 pips
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INGOT Brokers User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company. To learn more about how the User Satisfaction score is calculated and how we apply the Customer Satisfaction Score (CSAT) methodology, please read the assessment criteria.
3 /10
2 total
  • 5-star
    0%
  • 4-star
    0%
  • 3-star
    0%
  • 2-star
    50%
  • 1-star
    50%
randidd2
3 years ago

INGOT Brokers has plenty of drawbacks; it’s a scam. Slippage is the norm here. And when you say something to them, they do not admit their mistakes. In general, the company is bad. If you don't want problems, don't trade here!!!

carlenezx3
3 years ago

Constant slippages at INGOT Brokers is the main indicator for me not to trade with this company ! You won't make much with this kind of trading. Experience doesn't matter when the company is trying to trick you. I trade to the maximum, but there is nothing to withdraw in fact. I don't need this kind of trading

  • Commissions and Fees

    Score:
    We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
    8 /10

    The trading and non-trading commissions of INGOT Brokers have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

    • Low Forex trading fees
    • Tight EUR/USD market spread
    • No inactivity fee
    • No deposit fee
    • No withdrawal fee
    • Complex fee structure

    Trading Fees and Spread

    Below, we evaluated and compared the trading commissions of INGOT Brokers with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

    Standard Account Spread

    For Standard accounts, INGOT Brokers’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

    INGOT Brokers Standard spreads
    INGOT Brokers OANDA FOREX.com
    EUR/USD min, pips 0.2 0.1 0.7
    EUR/USD max, pips 0.4 0.5 1.2
    GPB/USD min, pips 0.2 0.1 0.9
    GPB/USD max, pips 0.7 0.5 1.4

    RAW/ECN Account Commission And Spread

    The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

    INGOT Brokers RAW/ECN spreads
    INGOT Brokers OANDA FOREX.com
    Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3.5 3.5 5
    EUR/USD avg spread 0.1 0.15 0.2
    GBP/USD avg spread 0.15 0.2 0.4

    Non-Trading Fees

    We conducted a detailed analysis of the non-trading fees associated with INGOT Brokers. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

    INGOT Brokers Non-Trading Fees
    INGOT Brokers OANDA FOREX.com
    Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0
    Inactivity fee ($, per month) 0 0 15
  • Is INGOT Brokers Safe?

    Score:
    We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
    9.8 /10

    INGOT Brokers has a safety score of 9.8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

    • Tier-1 regulated
    • Track record over 20 years
    • No negative balance protection
    INGOT Brokers Regulators and Investor Protection
    ASICASIC Full Name Australian Securities and Investments Commission Country of regulation Australia Investor Protection Fund No specific fund but has stringent consumer protection Regulation Level Tier-1
    FSA (Seychelles)FSA (Seychelles) Full Name Financial Services Authority of Seychelles Country of regulation Seychelles Investor Protection Fund No specific fund Regulation Level Tier-3
    Abbreviation CMA (Kenya) Full Name The Capital Markets Authority Country of regulation Kenya Investor Protection Fund KES 50,000 Regulation Level Tier-2
    Abbreviation JSC (Jordan) Full Name Jordan Securities Commission Country of regulation Jordan Investor Protection Fund JOD 10,000 Regulation Level Tier-2
    INGOT Brokers Security Factors
    Foundation date 2006
    Negative balance protection
    No
    Verification (KYC)
    Yes
  • Account Types

    Score:
    We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.
    3.6 /10

    INGOT Brokers offers the following account options: Demo, Standard, ECN/Raw spread.

    However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

    • Low minimum deposit
    • Demo account
    • Tight spread ECN account
    • Micro lots are not available
    • No VIP account option
    INGOT Brokers account types vs top competitors
    INGOT Brokers Trading.com Plus500
    Standard
    Yes
    Yes
    Yes
    ECN/Raw spread
    Yes
    No
    No
    Demo
    Yes
    Yes
    Yes
    Cent
    No
    No
    No
    Micro
    No
    No
    No
    Swap Free
    No
    No
    No
    VIP
    No
    No
    No
    Managed
    No
    No
    No

    INGOT Brokers accounts trading conditions

    The first thing to decide on is the account type. All traders work according to their own system, which determines the differences in requirements for trading conditions. While the broker cannot offer a customized account type for all of its clients, it tries to develop multiple options for players of all skill levels. The Professional account, despite its name, is aimed at novice traders. It has high leverage, low initial deposit, and no fee. The ECN account complies with the standard of the same name, has all its features, and is designed for traders of a higher level; whereas, the Prime account is designed for the most experienced players, as it has a higher minimum deposit, lower leverage, but more flexible settings and options.

    Account types:

    Account Type Description
    Professional The minimum deposit is $100, the maximum leverage is 1:500, spread is from 1 pips, and the fee is $0;
    ECN The minimum deposit is $100, the maximum leverage is 1:500, spread is from 0 pips, and the fee is $7;
    Prime The minimum deposit is $10,000, the maximum leverage is 1:200, spread is from 0 pips, and the fee is $5.

    Regardless of the account type, all the presented assets are available to traders. Trading is carried out through MetaTrader 4 and MetaTrader 5, alternative solutions cannot be used.

  • Deposit and Withdrawal

    Score:
    This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
    6.7 /10

    INGOT Brokers received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

    INGOT Brokers provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

    • Minimum deposit below industry average
    • Supports 5+ base account currencies
    • No deposit fee
    • Bank card deposits and withdrawals
    • USDT payments not accepted
    • BTC payments not accepted
    • BTC not available as a base account currency

    What are INGOT Brokers deposit and withdrawal options?

    INGOT Brokers provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal.

    INGOT Brokers Deposit and Withdrawal Methods vs Competitors
    INGOT Brokers Trading.com Plus500
    Bank Wire
    Yes
    Yes
    Yes
    Bank card
    Yes
    Yes
    Yes
    PayPal
    Yes
    No
    Yes
    Wise
    No
    No
    No
    BTC
    No
    No
    No

    What are INGOT Brokers base account currencies?

    A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. INGOT Brokers supports the following base account currencies: USD, EUR, GBP, AUD, CAD, NGN, ZAR, KES, MYR, IDR, VND, JOD, THB, MMK, LAK, KHR, GHS, UGX, TZS, MZN, BWP, EGP.

    What are INGOT Brokers's minimum deposit and withdrawal amounts?

    The minimum deposit on INGOT Brokers is $1, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact INGOT Brokers’s support team.

  • Markets and Tradable Assets

    Score:
    The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria
    7.8 /10

    INGOT Brokers provides a standard range of trading assets in line with the market average. The platform includes 1000 assets in total and 50 Forex currency pairs.

    • Copy trading platform
    • Indices trading
    • Crypto trading
    • Bonds not available
    • Futures not available

    Supported markets vs top competitors

    We have compared the range of assets and markets supported by INGOT Brokers with its competitors, making it easier for you to find the perfect fit.

    INGOT Brokers Trading.com Plus500
    Currency pairs 50 69 60
    Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 1000 69 2800
    Stocks
    Yes
    No
    Yes
    Commodity futures
    Yes
    No
    Yes
    Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
    Yes
    No
    Yes
    Stock indices
    Yes
    No
    Yes
    Options
    No
    No
    Yes

    Investment options

    We also explored the trading assets and products INGOT Brokers offers for beginner traders and investors who prefer not to engage in active trading.

    INGOT Brokers Trading.com Plus500
    Bonds
    No
    No
    No
    ETFs
    Yes
    No
    Yes
    Copy trading
    Yes
    No
    No
    PAMM investing
    Yes
    No
    No
    Managed accounts
    No
    No
    No
  • Trading Account Opening

    Score:
    We evaluated Trading Account Opening at INGOT Brokers by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.
    8 /10

    We successfully registered an account with INGOT Brokers in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at INGOT Brokers is $1. This is one of the most accessible and hassle-free onboarding procedures on the market.

    • Low minimum deposit requirement
    • Fully online account opening process
    • Registration process may take longer than expected
    • Account approval may require extra time depending on the documentation.
    INGOT Brokers account opening
    INGOT Brokers Trading.com Plus500
    Online Registration
    Yes
    Yes
    Yes
    Minimum deposit $1 $50 $100
    Mandatory KYC
    Yes
    Yes
    Yes
    Registration time (min) 20 20
    KYC time (days) 2 2 3

    Is INGOT Brokers available in my country?

    If you are a citizen of United States, the broker accepts clients from your country.

    Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

    Account opening details

    To start trading with the broker, register a user account on the INGOT Brokers website, get verified, select an account, and make a minimum deposit. Below is TU’s detailed guide on how to open an account with INGOT Brokers.

    • Go to the broker's official website. In the upper right corner select the interface language. If you already have your user account, click the "Login" button and enter your registration details. If you don't have a user account and want to register, click the "Start Trading" button.

    • Enter your first and last names, and email. Indicate your country of residence, its code, and your citizenship. Then enter your contact phone number and create a password. Select the preferred account currency from the list. Agree to the terms of service by ticking the box, and click the "Register" button.

    • Now you have your user account, but its functionality is limited, that is you cannot open a trading account. Go to the profile settings by clicking the corresponding button in the upper right corner of the screen. Complete the ‘Profile Information” and “Financial Information” tabs.

    • Click the "Get Started" button in the left menu and follow the on-screen instructions to verify your user account. You need to provide scans/photos of your identification documents. Upon verification, you will have full access to your user account and be able to open a trading account.

    Functions of INGOT Brokers user account:

    • Dashboard. It displays a summary of the user's profile and accounts;
    • The "Start" tab. It allows a trader to open an account. Clients can have several accounts at once;
    • Verification. Here the personal information, which can be edited, is stored;
    • Accounts. It provides access to the list of active accounts with detailed information;
    • Refer and earn. Here the information on the referral program is presented;
    • Copy trading. It is dedicated to the eponymous service offered by INGOT Brokers;
    • Market Analysis. Here traders can find up-to-date information from the broker's analysts;
    • Support. It includes a list of active and resolved cases with details;
    • Platform tutorial. This tab contains video tutorials on working with the broker's website.
  • Customer Support

    Score:
    We evaluated Customer Support at INGOT Brokers by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria
    4.1 /10

    The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

    In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

    Information

    Technical support, which is also called client support, is needed when traders face situations they cannot resolve on their own. Qualified and prompt assistance is available to the broker’s clients. INGOT Brokers’ support is represented by a call center, email, live chat, and tickets in the corresponding section of the website. It works 24/5.

    • Non-members can contact technical support
    • Managers are available 24/5
    • Reply speed of the call center and live chat is high
    • Technical support is not available on weekends

    If you have questions that require competent assistance of specialists, you can use the following communication channels:

    • call center;
    • email;
    • tickets in the section;
    • live chat on the website and in the user account.

    INGOT Brokers has its official profiles on several social networks including Facebook, YouTube, Twitter, and Instagram. It is recommended to subscribe to them to stay up-to-date with news of the platform.

    Contacts
    Foundation date 2006
    Registration address Unit 3, 2nd Floor, Dekk Complex, Plaisance, Mahe, Seychelles
    Regulation ASIC, FSA (Seychelles), CMA (Kenya), JSC (Jordan)
    Official site https://www.ingotbrokers.com/en
    Contacts customerservice@ingotbrokers.com 002484345580

Best INGOT Brokers Alternatives

Trading.com USA
Logo Trading.com USA
Trading.com USA
6.9 /10
Regulation Tier-1
EUR/USD 0.9 pips
Plus500
Logo Plus500
Plus500
6.7 /10
Regulation Tier-1
EUR/USD 0.5 pips
OANDA
Logo OANDA
OANDA
6.6 /10
Regulation Tier-1
EUR/USD 0.1 pips
FOREX.com
Logo FOREX.com
FOREX.com
6.5 /10
Regulation Tier-1
EUR/USD 0.7 pips
IG Markets
Logo IG Markets
IG Markets
6.4 /10
Regulation Tier-1
EUR/USD 0.6 pips

FAQs

How do reviews describe INGOT Brokers’ regulation and overall safety level?

INGOT Brokers has a safety score of 9.8/10, which corresponds to a high security level in the reviewed methodology. It is regulated by ASIC (Tier-1), CMA and JSC (both Tier-2), and the FSA Seychelles (Tier-3), with some regulators offering investor compensation schemes, while ASIC and FSA Seychelles do not have specific funds. The review also notes that INGOT Brokers does not provide negative balance protection, which is highlighted as a disadvantage despite its long track record since 2006.

What do reviews say about INGOT Brokers’ trading and non-trading fees?

According to the section on commissions, INGOT Brokers’ overall fee level is described as low, with a fees score of 8/10. Standard account spreads on EUR/USD are typically 0.2–0.4 pips and 0.2–0.7 pips on GBP/USD, while ECN accounts have average spreads of 0.1 and 0.15 pips respectively plus a $3.5 per lot commission. Non-trading fees are also described as favorable, with no deposit, withdrawal, or inactivity fees specified for this broker.

What account types and trading conditions are highlighted in reviews of INGOT Brokers?

The review states that INGOT Brokers offers Demo, Standard, and ECN/Raw spread accounts, but does not provide Cent, Micro, Swap Free, VIP, or managed accounts. It describes three main live account types: Professional (from $100, up to 1:500 leverage, spreads from 1 pip, no fee), ECN (from $100, up to 1:500 leverage, spreads from 0 pips, $7 fee), and Prime (from $10,000, up to 1:200 leverage, spreads from 0 pips, $5 fee). All accounts use MetaTrader 4 and MetaTrader 5, and the review notes the absence of micro lots and VIP options as disadvantages.

What deposit and withdrawal conditions are mentioned in reviews of INGOT Brokers?

The review notes that INGOT Brokers offers bank wire, bank card, and PayPal for deposits and withdrawals, but does not support Wise, BTC, or USDT payments. It states that there is no withdrawal fee and describes the overall range of methods and fees as basic and in line with industry standards. The section also specifies that the minimum deposit is $1 and the minimum withdrawal is $5, while emphasizing that exact limits can vary by account type and payment method.

How do reviews describe the process of opening a trading account with INGOT Brokers?

The account opening process at INGOT Brokers is described as fully online, with registration taking about 20 minutes and KYC verification typically completed within 2 business days. The minimum deposit is indicated as $1, and the review outlines steps such as registering on the website, completing profile and financial information, uploading identification documents, and then opening trading accounts from the user dashboard. It also notes that account approval may require extra time depending on documentation, so processing times can vary.

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