INGOT Brokers Review – Trading Platforms, Commission, Leverage, Account Types & more

INGOT Brokers is a well-known online forex trading broking house that offers over 1,000 trading instruments across 8 different asset classes.

It include metals, ETFs, forex, agriculture, indices, and equities for various types of trading via their award-winning trading platform.

So in this article, we have discussed everything about the INGOT Brokers. So go through the entire article before deciding to trade with the company.

About INGOT Brokers & Accepted Countries

The company boasts of having a market experience of about 15 years.

The company is well known worldwide and has clients from different parts of the globe.

But the company has a certain policy and it does not accept clients from countries like the USA, Japan, China, Iran, and Korea.

INGOT Brokers has different kinds of support for all its clients.

The company also provides 24×6 customer care support, live chat features and also has email results.

The company provides two types of trading platforms; MetaTrader 4 and MetaTrader 5. The company also has a mobile application that helps traders to trade on the go.

The trading platform was founded in 2006 by Alfredo Flores and has its headquarters in Australia.

The firm is primarily regulated by the Australian Securities and Investment Commission (ASIC).

In addition to this, the trading company is also regulated by Saint Vincent and the Grenadines Financial Services Authority(SVGFSA), and the Jordan Securities Commission(JSC).

The spread charges start at 0.00 and the leverage can go up to 1: 500 depending on the regulatory body.

The company does not grant any kind of welcome bonus however some promotional offers can be available.

One of the exclusive promotional offers provided by INGOT Brokers is Zero Commission Charges on various stock trading.

Open a Forex Trading Account Now! – Fill up the Form

INGOT Brokers Trading Platforms

The Trading Company provides various types of trading platforms equipped with the most advanced trading instruments and software for all their clients.

These web trading platforms can be accessed from various devices.

These platforms can be accessed from web browsers from windows and Mac and can also be accessed from mobile web browsers.

INGOT Brokers provides traders with advanced trading platforms that also include MetaTrader 4 and MetaTrader 5.

Both these web trading platforms are known to be the best training platforms by most of the users who trade Forex.

These platforms have a wide range of built-in charting and analytical tools and also have the support and feature Ford automated trading with export advisors or the EAs.

The web version of the mobile trading platforms can be accessed from both of the popular browsers without the requirement to download any excess software.

The mobile trading application provided by the company is available both for Android and iPhone users.

This mobile trading application is quite useful for all the traders who need to

monitor their trades on the go from any corner of the world.

Some all the exclusive meta trader 5 features are:

Trade global markets:

The user is allowed to monitor and trade the largest financial market that includes CFD across Forex, stocks, commodities, ETFs, indices.

Obtain key analytics:

The trader is allowed to view multiple frames, analytical tools, and other technical indicators on various flexible and interactive live charts that help the user analyze the market.

This also helps them get to know more about their next trading opportunity.

Automated trading with expert advisors:

You can make the most from the market without individually monitoring the markets constantly.

Control your trade:

The trading platforms can be easily accessed from computers, smartphones, and tablets.

The MetaTrader 5 which is also available on the INGOT Brokers Broker’s trading platform has advanced chatting to and other exclusive tools that include additional time frames and services.

The trading platform includes 21-time frames, 6 types of pending orders and also has the provision of one-click trading.

INGOT Brokers Mobile App

The trading firm has also developed a mobile trading application for all the users who have registered themselves with the company.

This trading application can be downloaded directly from the official website of the company. The trading application has been developed both for Android and iPhone users.

So, you can directly download the application from the Google Play Store or the Apple Play Store.

This app has exclusively been developed for traders who want to monitor their trades from any corner of the world.

All the necessary features of the mobile trading application are available in this trading app.

Exclusive features like live chat and email support are also available on this mobile trading application.

Check out Mobile Apps of more Forex Brokers

INGOT Brokers Commission or Brokerage or Fees

The minimum deposit required to open a trading account with the company is $100 other than the prime account.

The company provides transactions in various currencies that include EUR, AUD, USD, and GBP.

The broker charges are zero In most of the cases.

Whenever the trader decides to trade or invest using eWallet, a 4% deposit fee might be charged.

Whenever a trader is trying to trade using Visa or Mastercard, a 3% depositing fee might be charged.

INGOT Brokers Exposure or Leverage

The trading firm offers maximum leverage of 1:500 which is a decent amount when you compare to what the other trading companies offer.

However, the leverage charge varies depending on the authoritative entity.

The spread amount for the INGOT Brokers is between 0 and 1.

The spread for most of the global trading currencies pairs like EUR or USD and AUD or USD are available in a floating position.

The percentage of the spread amount is mostly dependent on the transactional values between the currency pairs.

This percentage can only be affected by a political or economic factor that might increase the spread amount.

Payment Methods provided by INGOT Brokers

Find out Payment Methods provided by other Forex Brokers

Investment in Asset Classes or Markets by INGOT Brokers

INGOT Brokers allows all its traders to invest in various assets and commodities.

The number of tradable assets is over 1000 and they also provide trading in various currency pairs and forex.

The trading company allows its traders to invest in currency trading commodities trading indices Trading, stock trading, currency trading, cryptocurrency trading, ETF trading, and Futures trading.

The company also allows its traders to deal in cryptocurrencies.

Some of the supported crypto coins are Bitcoin, Bitcoin- Cash, Ethereum, Litecoin, and ripple.

The total number of treatable assets is 1000, the number of currency pairs of 3, the number of cryptocurrency pairs in which the user can trade is 4 and the number of stocks in which the Traders are allowed to trade is about 350.

The number of indices that are available for trade is 7, the number of commodities is 7, the number of futures in which the user can trade is about 8 and the number of ETFs is about 32.

INGOT Brokers Virtual Trading or Demo Account

INGOT Brokers has developed a free demo account for all beginner traders who want to start trading.

The demo account is a perfect interference for the traders who want to learn the trading process without losing any money.

The demo provided by the company is a 100% risk-free environment.

Setting up the demo account is pretty easy and the whole process can be done in 2 minutes.

The best way to sign up for a demo account is by visiting the official website and clicking on open a demo account.

The demo account provided by INGOT Brokers also provides a certain amount of virtual funds or virtual currencies that maintains from 5,000 to 500,000.

You can use this virtual currency to practice trading and try out various trading strategies.

The beginner-level traders can use this virtual account to get familiarized with the trading environment and develop and improve their trading skills.

All the exclusive tools, trading instruments, and full access to MT4 are available on the demo account.

The demo account is just like any other trading account but it is risk-free as no money is involved.

The demo account can be used for 14 days after which it will expire.

INGOT Brokers Offers or Deals

The company does not provide any kind of discount but some promotional offers can be included.

These promotional offers include a deduction in the commission charges.

For more details, you have to visit the official website of the company.

Some of the facilities offered by the company are:

• The company provides free learning courses that include educational videos, brochures, and face-to-face sessions. With the help of these facilities, the traders will get to understand the market and can clear out any doubts.
• A free demo account auto virtual account is available where the traders can practice their strategies with a set of virtual currencies.
• Some discount on brokerage is also available and for more data to visit the official website.
• Flexible and various brokerage plans are also available whenever you are trading with this broker.
• The company also has referral offers that can be claimed following the announcement which can be viewed on the official website.

INGOT Brokers Regulation or Licensing

The trading firm is mainly under the control of the Australian Securities and Investment Commission which is also known as ASIC.

The funding and the other stuff is monitored and regulated by Saint Vincent and the Grenadines Financial Services Authority which is the SVG FSA and the Jordan Securities Commission JSC.

INGOT Brokers also promises complete transparency of all the processes and they do not have any hidden charges.

The funds of Traders are safe within the company and the personal information is encrypted to protect it from hackers.

Find out Regulations & Licensing of more Forex Brokers

INGOT Brokers Features

There are thousands of trading companies in the market and all these companies provide various features that attract more and more customers.

Some of the exclusive features of the INGOT Brokers are:

• MT4 trading platform is available
• The trading platforms can be accessed from Windows and Mac.
• A desktop browser platform is also available.
• The mobile trading platform is also accessible.
• The company has developed a mobile trading application both for Android and iPhone users.
• Real-time updates, portfolio details, research reports, and global indices can be viewed both from the mobile trading application and the trading platforms.
• Personalized advisory or experts are also available.
• Interactive charts from where the user can trade in, live market analysis is also provided by the company.
• Multiple account management is possible. The trading platform can be viewed in various languages that include Afrikaans, Albanian, Arabic, Azerbaijani, Bengali, Bosnian, Brazilian, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Farsi, Filipino, Finnish, French, Georgian, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malaysian, multi-lingual, Norsk, Norwegian, Norway, Polish, Portuguese, Punjabi, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swedish, Tagalog, Taiwanese, Tamil, Thai, Turkish, Ukrainian, Urdu, Vietnamese.

INGOT Brokers Account Types

Take a look at the types of accounts that the company is offering:

The trading company provides various types of accounts depending on the preferences of the people.

This trading account has various features that differ from each other and have been developed keeping in mind the taste and requirements of various people.

The types of trading account provided by INGOT Brokers are:

ECN Account:

The minimum deposit or the initial deposit is $100, the spread charges start from 0 pip, the commission charged is about $7 and the leverage amount is 1: 200.

Professional Account:

The initial deposit of the minimum deposit amount is $100, the spread starts from one pip, there is no commission charged and the leverage amount is 1: 500.

Prime Account:

The initial deposit or the minimum deposit amount is 25,000 dollars, the spread charges start from zero, the commission charges are about $5 and the leverage is 1:100.

This account is exclusively for expert-level traders who want to gain more via trading.

INGOT Brokers Trading Account Features

Check below all the trading account features under various account types:

INGOT Brokers – Research & Advisory

Find below all the different reports and support provided by its Research & Advisory team:

INGOT Brokers Benefits

Some of the exclusive benefits that the user will enjoy after trading with INGOT Brokers are:

• Over 1,000 financial instruments
• Advanced trading platform that includes MT4.
• Provision for multiple account management
• Wide amounts of trading tools and educational videos and research are provided.
• A well-equipped demo controversial account is also available with a certain amount of virtual currencies.
• Cryptocurrency trading and investing via cryptocurrencies are allowed.

INGOT Brokers Cons or Drawbacks

The drawbacks of the company are:

• The paying or deposit options are quite limited.
• US clients and various other clients from different parts of the globe are not allowed.
• Daily market analysis might not be available.
• New social trading platform integration.

INGOT Brokers Trading Hours

As INGOT Brokers has an online trading system, there are no specific trading hours. The company is open on all the trading days that is from Monday to Friday and the trading hours are from 01:00- 24:00.

One thing to keep in mind is the trading hours are based on GMT Plus 2 time(+1 hour for daylight savings).

• INGOT Brokers Customer Care or Contact Details
• The company provides 24×5 customer care services whether traders can clarify any doubts regarding the trading process.
• For all kinds of general queries, you can email info@INGOT Brokersbrokers.com.
• For the support email and other types of queries, you can email customer support at customer service@INGOT Brokersbrokers.com.
• You can call on + 1646-971-9620 for other queries.
• Live chat feature is available 24 by 5 on the various trading applications, trading platforms, and the mobile trading app.

INGOT Brokers Customer Care or Contact Details

INGOT Brokers Safety & Security

The broker is completely secure as it is monitored by various authorities that include ASIC, JSC, and SVG FSA.

The sites are protected using a two-factor authentication process for all the accounts and the online payments, a 3D authentication software is also available.

INGOT Brokers Rating & Reviews by Top10StockBroker

Based on different users and their experiences below are the company rating and reviews:

INGOT Brokers Forex Trading – Conclusion or Verdict

So now as you have read everything about the trading company, you’ll understand that the company offers over 1,000 trading instruments and offers over 8 different asset types.

You can try investing via INGOT Brokers As the leverage and the spread charges are quite reasonable when compared to the other brokers in the market.

The trading form has over 15 years of experience and is provided with limitless trading opportunities globally.

They promised to provide the best trading platforms especially the MT4 and MT5 trading platforms which enables the user to have a hassle-free trading experience.

Knowledgeable and well-equipped customer service is also available for any kinds of issues that may arise during the trading process.

INGOT Brokers Forex trading FAQs

Here is the list of FAQs related to the INGOT Brokers Forex trader:

Is the INGOT Brokers Safe for Trading?

The broker is completely safe for trading as it is monitored and regulated by various trading authorities that include ASIC, SVG FSA, and JSC.

Two-layer security protection is available on the websites and a 3D authentication program is also available during the payment.

This simply makes the trading platforms safe.

What is the Commission for INGOT Brokers?

The commission charges vary depending on the trading account which you are opting for.

For the ECN account, The commission charge is up to $7, for the professional account there is no commission charge and for the prime account, the commission’s address is $5.

How to Open a Trading Account with the INGOT Brokers?

The process of opening an account is quite simple.

Firstly you have to visit the official website of the company, click on open an account, fill in the details, and click on submit.

After successful submission, you will be prompted for the verification process where you have to verify yourself by providing a scanned copy of a government authorized identity card after which you will receive your login credentials in your email or phone number.

Can I invest in Cryptocurrency with the INGOT Brokers?

Yes, the company allows the traders to invest in cryptocurrency and also invest using cryptocurrencies such as Bitcoin, Litecoin, Ripple, and many others. This feature is an exclusive feature of the INGOT Brokers.

What leverage do INGOT Brokers provide?

The leverage amount also varies depending on the type of trading account which is opting for.

For the ECN account, the leverage amount is about 1:200, for the professional account it is 1:500 and for the prime account, it is 1:100.

Does INGOT Brokers have a trading app?

Yes, The company has developed a mobile trading application both for Android and iPhone users.

This mobile trading application can be accessed from any part of the globe and can be downloaded directly from the official website or Google Play Store and Android App Store.

How to contact INGOT Brokers customer care?

You can directly contact them by calling them or emailing their customer support or you also have the option of live chat which is available 24 by 5.

Are INGOT Brokers Regulated?

The brokers are regulated and monitored by various authorities that include ASIC and SVG FSA.

This makes them one of the safest and reliable brokers in the market.

Are INGOT Brokers good for Beginners?

The brokers are quite good for beginner-level traders as they provide educational resources like educational videos and brochures and also have a demo account where the trader can experience the trading market.

Who founded INGOT Brokers?

The INGOT Brokers was founded in 2006 in Australia by Alfredo Flores.

Open a Forex Trading Account Now! – Fill up the Form

Learn everything about Forex Trading