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INGOT Brokers Review
INGOT Brokers is a multi entity CFD broker registered in Seychelles with extra licenses in Australia, Cyprus, and Jordan, offering forex, stocks, and crypto CFDs.
Min Deposit
$10
Spreads From
1 pip, or 0 pips plus commission on the ECN account
Max Leverage
1:30 for ASIC and CySEC retail clients, higher on the offshore Seychelles entity
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Regulated across four regions: Seychelles, Australia, Cyprus, and Jordan
- Standard account opens from just $10, one of the lowest minimums around
- Over 1,000 tradable instruments across forex, stocks, and crypto CFDs
- No commission on standard spreads, with no deposit or withdrawal fees
- Recently added a Cyprus CySEC license, extending EU style oversight
Cons
- Sold its South Africa business and FSCA license to ACY Securities in 2024
- The Seychelles entity advertises very high leverage with little retail protection
- Founding year is unclear, with sources citing both 2004 and 2006
- Not available to residents of the United States
INGOT Brokers trades through several regulated firms, not one company. INGOT SC LTD in Seychelles runs the main site. The Australian arm holds an ASIC license from 2013, and a new Cyprus entity added a CySEC license. A Jordan entity covers the Middle East.
The broker lists over 1,000 CFDs across forex, stocks, indices, metals, and crypto. A Standard account opens from $10 with spreads from 1 pip. An ECN account needs about $100 plus commission for tighter spreads. Leverage is capped at 1:30 for ASIC and CySEC clients, but the Seychelles arm advertises much higher leverage. Trading runs on MetaTrader 4, MetaTrader 5, and INGOT Copy Trader.
In November 2024, INGOT sold its South Africa business and FSCA license to ACY Securities, so South African clients no longer use the INGOT brand directly. It does not accept applications from the United States. Picking the right entity matters, since protection differs sharply between the offshore Seychelles arm and the ASIC or CySEC units.
Min. Deposit
USD 10
Max Leverage
1:30 for ASIC and CySEC retail clients, higher on the offshore Seychelles entity
Spreads From
1 pip, or 0 pips plus commission on the ECN account
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
