Ingot Brokers review by Forex Peace Army

INGOT Brokers is regulated by the SVG FSA (St. Vincent and the Greandines) and ASIC . According to our INGOT Brokers Review, the prime account would be perfect for you if you are willing to make larger deposits, as the minimum deposit is $25,000. The spreads on this account start at zero, and it has many more trading instruments than the other account types covered so far. I have been with INGOT for almost 2 years now, and I have had an excellent experience with them. They have fast services, requests are handled very quickly and swiftly.

Which trading app is best in South Africa?

  • Alpari Mobile – Lightweight Trading App.
  • FP Markets: User friendly trading Mobile.
  • GO Markets -Available in iOS and Android.
  • IG Trading App – Metatrader Mobile.
  • ThinkTrader – Next Generation Mobile App.
  • thinkorswim Mobile – Perfect for Beginner Traders.

A minimum deposit of $1,000 is required to create a live account. Ingot Brokers, on the other hand, provides a demo account that you may use to experiment and become acquainted with their platform. The broker provides you with several platforms to access and access various instruments for trading purposes. The broker login portal will give you access to all your account details, as well as other tools and resources you need to trade. You can also use our listed Fund Recovery companies to get your money back from Ingot Brokers.

At INGOT Brokers, you are assured of professional facilities with the highest level of technical support. Potential investors can also try the Ingot Brokers trading platform for free, and then make the final decision by opening a free demo account. Like all leading brokers, Ingot Brokers provides customers with a series of account types to meet the different needs of different types of traders, from beginners to professionals. With over 10 years of market experience, INGOT Brokers offers endless trading opportunities, all in one place. They provide clients with the highly advanced MT4 and MT5 trading platforms for online trading of over 1,000 assets. Clients get access to a good selection of educational materials, trading tools, and a professional customer support team.

What is INGOT?

See our MT4 broker comparison for a list of the best MT4 brokers. Their support team, comprised of financial and technological experts, provides dedicated regard on their clients’ trading issue and problems via phone call, live chat and email 24 hours a day and 5 days per week. With this lack of information and unregulated Ingot Brokers, funds are not safe. This is why it is important to learn more about Ingot Brokers before opening an account and sending money or submitting any documents. The above information is not enough to start trading with Ingot Brokers.

ingot brokers review

If you are interested, specifically in Forex, its noteworthy to mention that the spreads for major currency pairs like EUR/USD or AUD/USD are in a floating position. INGOT Brokers, like all foreign exchange companies, offers its customers different foreign exchange accounts which are used to trade the market instruments offered. The broker offers a wide range of trading tools, a variety of account styles to choose from, as well as specialized product options and supporting materials.

Trading accounts of Ingot Brokers

According to reports, some unregulated brokers deceive people. The Forex broker does not have a compulsory FCA license to do this. With the INGOT Broker, there are not many perks available for the common user one has to have one of the higher leverage accounts to get access to decent features and offers.

All in all, INGOT is a trustworthy option due to its complete compliance with the regulations of one of the industry-leading ASIC authorities and to its very good trading conditions. The review of INGOT Brokers concerns the Australian brokerage business which maintains offices in various financial centers to meet the needs of the client. The trading environment executes via the NDD model, but certain instruments require immediate execution yet provide competitive spreads and commission offerings.

You may perform a minimum trade of 0.01 Lot with Ingot Brokers. The maximum trading requirements differ according on the trader and the instrument. This publication is a marketing communication and does not constitute investment advice or research. Its content represents the general views of our experts and does not consider individual readers’ personal circumstances, investment experience, or current financial situation. Some INGOT Brokers features and products mentioned within this INGOT Brokers review may not be available to traders from specific countries due to legal restrictions. The problem with unregulated brokers is that they are not trustworthy and violate the rules.

INGOT also primarily provides MENA customized trading methods for shares and indices in countries such as the UAE, Egypt, Saudi Arabia, Qatar and Kuwait. All assets offered by INGOT Brokers are traded on either the MetaTrader 4 or 5, usually referred to as just MT4 or MT5. Despite being released all the way back 2005 and 2010, respectively. At the time of this review, no additional trading platforms are available from INGOT Brokers. In addition to the built-in tools of the MT4/MT5 trading platforms, traders also get access to some standalone trading tools, such as Economic Calendar, Trader’s Calculator, Currency Converter, and more. Most brokers have accounts that differ depending on the amount of money being traded.

Company Information

Compare Broker’s mission is to help you compare brokers and find the one which suits your trading needs free of charge. Finally, we’ve included a list of some of the most popular funding methods that Ingot Brokers provides to its traders below. The commissions and spreads shown here are based on the minimal spreads available on Ingot Brokers’ website. Regulated by ASIC (AFSL #428015), Ingot Brokers keeps all customer funds in a separate bank account with tier-1 institutions. It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Click on the ‘Open Live Account’ icon and fill out all the required fields.

Is ingot broker regulated in USA?

Who is INGOT Brokers? INGOT Brokers is a regulated online brokerage firm that serves as the middleman between traders and global financial markets, thus facilitating access to premium investment opportunities.

One of the most honest brokers in this market, always giving the price that I requested. Founded in 2006, INGOT Brokers is a regulated broker that offers over 1,000 tradable assets for online trading via the MT4/MT5 platforms. They provide clients with some trading tools, educational resources, and multilingual support. However, the broker does not have any social trading platform integration or daily market analysis. They could also improve on the variety of funding options offered.

Brokers By Licenses

If you find this Ingot Brokers review helpful, be sure to share it with your loved ones so they don’t fall into this type of scam. If you encounter the next one on Ingot Brokers, you are likely to be scammed or involved in a scam. Due to lack of information and unregulated Ingot Brokers, funds are not safe.

Which broker has lowest deposit in South Africa?

They were founded in 2010 & have been regulated by FSCA as HF MARKETS SA (PTY) LTD since 2016. In terms of trading fees, HotForex has the lowest spread with their Zero account & there is no fees on deposits/withdrawals.

To be more exact, there are four different sorts of accounts that can be used for trading. Multiple accounts are available to appeal to different types of traders. We will go over all of the qualities and features of each account in detail in this section of the study. It’s worth noting how to read candles that among INGOT Brokers’ Forex Broker clients, the professional account is the most popular. The company provides a wide range of trading instruments that allow customers to receive maximum income.When registering in the system, the client receives protection from a negative balance.

What are the spreads and costs at Ingot Brokers?

INGOTBrokers offers the MetaTrader 4 and 5 forex trading top platforms. In addition to indices, commodities, cryptos, stocks, and precious metals for your personal investment and trading options. Like most brokers in the industry, Ingot Brokers provides the popular MetaTrader 4 platform. For those traders who like to check their accounts anytime, anywhere, Ingot Brokers WebTrader software provides a convenient platform from which investors can access the market without loading memory-intensive software.

With a live trading account, traders deposit and trade with real money at actual profits and losses. A Demo account allows traders to trade in a simulated, risk-free trading environment with virtual money, at no profits or losses. Yes, the company’s choice of user-friendly platforms, low initial deposits, and educational tools provide a safe trading environment for both beginner and professional traders. INGOT td ameritrade forex review Brokers offer traders the most popular trading platforms in the world – the MetaTrader 4 and MetaTrader 5, both known for their easy-to-use features, fast order execution, and numerous tools. Forex brokers make money by charging traders commissions per trade or spreads. Commissions are the fees the trader pays the broker for handling the transaction and is mostly dependent on the instrument and account type.

ingot brokers review

If you are interested in trading foreign exchange, cryptocurrency, CFDs or commodities, paying close attention to the broker you trade with can prevent broker withdrawal problems and help you avoid broker fraud. Many proprietary platforms of high-quality brokers can provide a great trading experience. Such brokers are only required to provide easy access to trading instruments, but nothing more. The problem with unregulated brokers is that they are untrustworthy and violate the rules. When browsing Ingot Brokers, the main problem was that the broker did not provide his physical address in the contact section. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

The company is known for its high standards of trading practices, a wide selection of market instruments, professional customer support, and competitive trading costs. It was an excellent experience with INGOT Brokers, for 3 years they gave me a very good support and trades execution. I’d like to highlight that they helped me multiple times throughout my live trading journey, regarding the withdrawal their response time is good and the most important thing they’re credible and fair.

The trading platform should be very simple and user-friendly to help users conduct daily transactions. The broker must have a modern trading platform supported by advanced analytical tools and the latest foreign exchange technology. A good broker must not only be regulated, but also have a good reputation, excellent trading conditions, and excellent support. INGOT Brokers is a Forex Broker offering Forex Trading services via MetaTrader 4, Metatrader 5 and MT4 and MT5 Mobile trading platforms. Regarding orders execution model, INGOT Brokers is a true ECN/STP broker. INGOT Brokers offers trading of currencies, indices, shares, CFDs, ETFs, cryptocurrencies and commodities.

The latest highest currency in the world list suggests that the company operates illegally and without a proper financial regulatory license. Entry to this website and the provision of any service via this website could be limited in some jurisdictions and thus users using this website are expected to educate themselves and follow these restrictions. The commissions are too high, 20% of the profit when the trade is in earnings, but also when they are at a loss. • Trading alerts to notify you about your trading account activities.

Broker Information

Another missing feature on the Ingot Brokers support page is a list of several different Ingot Brokers employees, which many other brokers don’t do, especially the scam ones. Obviously, Ingot Brokers did not do any of the above, and could not even be regarded as a broker, but just a scam in the foreign exchange market. Regardless of the trading conditions provided by Ingot Brokers, we do not recommend that you trade with it as it is unregulated and likely to be a scam. He can inflict huge losses on his clients and therefore, in our opinion, is a potential scammer. Exclusively, INGOT brokers offer trading strategies with a specific solution for stocks and indices. Due to their appreciation of the importance of transparent trading circumstances in brokers, the general offering of INGOT provides an inhomogeneous environment for order execution.

If you have lost your investment in the Ingot Brokers scam, you can contact us using a chatbot. For example, many fraudulent brokers charge high withdrawal fees that not only cover service fees. It’s noteworthy to emphasize that other factors can tell us how legitimate a brokerage might be. Having multiple qualifications is a great start, but the fact that the site uses a two-factor authentication process for its accounts and 3D authentication for online payments is a big deal.