Ingot Brokers Review

2.413 • 24 REVIEWS
Also IngotBrokers.com.au
Updated: Feb 29, 2024
INGOTBrokers.com
Ingot Brokers offers trading for over 25 currency pairs, indices, commodities, cryptos, stocks, and precious metals via Metatrader 4 and 5 platforms. Please read Ingot Brokers reviews below and share your live trading experiences with this broker.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $100
Established: 2006
Address: The Financial Services Centre Stoney Ground, Kingstown St. Vincent & the Grenadines , Saint Vincent And Grenadines
Contact: info@ingotbrokers.com, +1646-971-9620
Regional offices:
Regulators: ASIC #428015, JSC #1314 - 200004487, SVGFSA #24172 IBC 2017
Prohibited countries:
Trading platforms: MT4, MT5, WebTrader
Web Trading: βœ… Yes
Mobile Trading: βœ… Yes

Trading Instruments

Currencies: (25+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (10+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: βœ… Yes

Managed Accounts & Social Trading

PAMM: βœ… Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Ether/Ethereum, Neteller, Skrill
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), Bitcoin, Ether/Ethereum, Neteller, Skrill
* Please check broker website for more information
2.413 • 24 REVIEWS

Recent User Reviews of Ingot Brokers

A
AbduladnanCh
Lahore, Pakistan,
Jan 22, 2024,
Registered user

INGOT Brokers Does Not Let Me Withdraw My Money

Service use: Live Length of use: 0-3 Months
On 27 September INGOT took million of dollars from traders in Pakistan to reduce its leverage without Prior Notice and spoiled 70% of equity.  In December 2023 it stopped withdrawals for most Pakistani traders. All are facing problems but there has been no response from Ingot or its employees.
I also a victim of this action. I deposited 69600$ but I can noy withdraw and have lost access to all of my money. I have evidence about all of this.
D
Dccheruto
Kenya, Kenya,
Apr 30, 2023,
Registered user

Ingot Brokers Won't Let You Withdraw

Service use: Live Length of use: 0-3 Months
I requested for a withdrawaL for an amount of 2600USD on date 7 APRIL 2023.Got an email that same day requesting for my card details to confirm my deposits were legitimate for which I provided them with EVERY document they requested. For almost a month now they have been giving me same response " that they are reviewing my request" which in my opinion is just a generic response and they aren't really working on it. I am behind on bills because this is literally all my life savings.

DON'T TRADE WITH THEM. INGOT BROKERS WILL KEEP YOUR MONEY. UP TO NOW I STILL HAVEN'T RECEIVED MY MONEY, THEY WON'T REFUND IT TO THE DEPOSIT METHOD USED AND AT THE SAME TIME THEY WON'T LET ME WITHDRAW.
E
Ehab Abdelhadi
kuwait, Kuwait,
Oct 13, 2021,
Registered user

good support and great benefits

Service use: Live Length of use: over 1 Year
I am very glad I found this company as I have been looking for a trusted broker to invest with. What I appreciate the most is having my own account manager who I trust completely and count on to help me whenever I need. And when she isn't available, I can easily reach the support team on phone or chat. Another thing I love and feel like it helps me with my traders is the free market reports they offer. They are very useful and give me valuable market insights without the need to read many charts myself .
A
Abedalqader
Jordan, Jordan (Inside the offices of IngotBrokers),
May 30, 2021,
Registered user

I forgot to mention that IngotBrokers is my employer.

Service use: Live Length of use: 3-6 Months
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. They have a reasonable spread and excellent money transfer. One of the most honest brokers in this market, always giving the price that I requested. They have fast withdrawal and deposit for the money, with great customer service and execution, they great news reports with zero commission on the trade, it is also accessed from mobile phones with great customer appreciation, I get a phone call every month for my review of the service. Very much recommended.
Forex Peace Army
Review moderation team note
Five Star Rating removed.

This "client" of IngotBrokers registered and confirmed his account using an email address at IngotBrokers.com.

Per FPA policy, the rating on this review has been set to Zero stars.
T
tmcclain
MD, USA,
Feb 2, 2021,
Registered user

Best I've dealt with so far

Service use: Live Length of use: 3-6 Months
What I like about Ingot brokers: 1) they are regulated 2) they accept US clients, 3) leverage, 4) I can trade on MT4 or MT5, 5) I can trade currency, indices, metals, energy, CFDs, and crypto, and 6) my account manager is cool and easy to work with.

I tried out a few brokers, but none matched my needs. Someone close to me recommended Ingot and I switched. I am glad I did. As long as Ingot maintains close to their current standards, they are my broker for life.
1 trader has found this review helpful
F
Fernsus
Mexico City, Mexico,
Jun 28, 2020,
Registered user

One of a kind Customized offers

Service use: Live Length of use: over 1 Year
Ingot overall is a great broker and why I say they are great is because they have given me a very flexible and customized offer as I needed. They have many options for trading and really good spreads. To me this is such an underrated broker
K
karimzeine
Toronto, Canada,
Jun 1, 2020,
Registered user

One of the best experiences from an active trader!

Service use: Live Length of use: 6-12 Months
I have been trading CFDs for a long time and opened accounts with multiple brokers. I wouldn’t rank INGOT Brokers as my number #1 but it is in my top 3.
Advantages:
1. Spreads spread and spreads. For me this is crucial for my trading strategy. Some other traders might prefer swap free accounts OR low/no commission.
2. Their support is quick and follows up… at least for me. I do have to say that it was not great in the beginning, but they have stepped up their game since then.
3. Number of instruments offered is underrated. At one point I was able to trade on over 700 Instruments (I usually trade FX, equities, Indices and energies) in which I was introduced to ETFs. A great way to mix and match your portfolio btw. (I am not sure if they still offer that many instruments)
Disadvantages:
1. INGOT did not have many payment methods options which was a disadvantage for me. They offered Payment through Visa and Mastercard through PayPal but was soon deactivated afterwards.
2. I met with a few members of the INGOT team which was reassuring as they were transparent and seemed experienced and knowledgeable, but they do lack in terms of physical presence and it is not easy to visit them. From their website I think they are in a few countries which I consider a disadvantage as they are not fully expanded
K
Kakish10
Ottawa, Canada,
May 22, 2020,
Registered user

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.
M
Mohannad abukeer
Dubai, United Arab Emirates,
Apr 22, 2020,
Registered user

An excellent broker

Service use: Live Length of use: over 1 Year
I've been using INGOT Brokers since November last year and everything went extremely smoothly.
Offering an instant deposit made it easier for me to trade on my convenience, in addition to the dedicated account manager that served me 24/7 excellently.
So far I cannot complain, it seems to me to be effective and transparent as I was told.
M
Mohamed Qasem
Riyadh, Saudi Arabia,
Apr 16, 2020,
Registered user

Very good

Service use: Other
Good spreads and commission so far

The reason I trade with this broker is because of their spread offer which to me is very competitive with other brokers. Some broker offer less spread but when there are market volatility they always play around spread and increase.
I wish If this broker can increase further their leverage as I found some brokers with a higher leverage, but everything else is good so far