CFD · CHECKED 10 OCT 2026
INGOT Brokers review.
CFD broker regulated by CySEC in Cyprus, with a Seychelles entity and a mixed review record
OK-ISH
OUT OF 10
AD DISCLOSURE: IF YOU OPEN AN ACCOUNT THROUGH THIS LINK WE MAY EARN A COMMISSION. IT NEVER MOVES THE SCORE. HOW THIS WORKS
INGOT Brokers is a CFD broker running through CySEC-licensed INGOT Brokers Europe Ltd (462/25) and Seychelles-registered INGOT SC LTD. Spreads start from USD 7 round turn on EURUSD with a USD 10 minimum deposit. The main reservation: reviews average just 3.23 stars across 63 ratings, and a South African licence number in our earlier review belongs to a different firm on the FSCA register.
Each criterion is scored 1 to 10 from primary sources. The overall score is their unweighted mean. How scoring works.
| Founded | 2006 |
|---|---|
| Minimum deposit | $10 |
| Maximum leverage | 5000:1 |
| Minimum spread | 0.7 |
| Account opening | 1-3 |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), INGOT Copy Trader, INGOT App (iOS/Android) |
- Holds CySEC licence 462/25 for INGOT Brokers Europe Ltd, confirmed on the register
- CySEC cover includes compensation to 20,000 EUR and an ombudsman
- CySEC licence carries negative balance protection for retail clients
- FSA Seychelles entity INGOT SC LTD is confirmed on the company register
- Spreads from USD 7 round turn on 1 lot EURUSD on the EVO account
- Minimum deposit is just USD 10
- Blended rating is just 3.23 stars across 63 reviews
- ASIC, FSCA, CMA, and JSC licences appear only in an older review, not on current pages
- One claimed licence is not confirmed on the regulator's register
- CySEC licence covers only part of clients, rest routed to an uncovered entity
- FSA Seychelles register confirms the entity but publishes no licence number
Overview
TrueBroker is a free broker safety checker, and this page is our review of INGOT Brokers, scored 6.8 out of 10 across regulation, fees, platform, support and reviews.
INGOT Brokers is not one company but a group of similarly-named entities trading CFDs on forex, stocks, ETFs, commodities, indices and cryptocurrencies. The firm’s own about page names INGOT SC LTD, registered in Seychelles, as the operator of the website, and discloses a second entity, INGOT Brokers Europe Ltd, as the Cyprus company authorised under CySEC for clients covered by MiFID. Our earlier review adds four more regulated entities trading under the INGOT name in Australia, Jordan, Kenya and South Africa. The single most important thing to know before reading further: when we checked those claims against the public registers ourselves, one of them did not hold up. The FSCA register lists licence FSP 51008 as belonging to ACY Securities SA (Pty) Ltd, not to “INGOT RSA (Pty) Ltd” as our earlier review states.
Overview Table
| Headquarters | Not stated |
| Established | Not stated |
| Countries Served | Not stated as a single list; the firm’s site excludes citizens and residents of the USA, and its regulated entities cover Seychelles, Cyprus, Australia, Jordan and Kenya |
| Regulated By | Capital Markets Regulated Entities Seychelles, CySEC (Cyprus), ASIC (Australia), Jordan Securities Commission (Jordan), CMA (Kenya); an FSCA (South Africa) licence claimed in our earlier review is held by a different company on the FSCA register |
| Minimum Deposit | $10 on the EVO account, per our earlier review’s account table |
| Maximum Leverage | 1:5000 on major forex pairs, per our earlier review’s account table |
| Total Instruments | Not stated |
| Platforms | MT4, MT5, INGOT Copy Trader and the INGOT Mobile App, per the firm’s own Platforms navigation |
| Customer Support | Not stated |
| Languages | Not stated |
Facts List
- The firm’s own about page names INGOT SC LTD, registered in Seychelles, as the entity operating the website.
- The Seychelles Business and Company Search confirms INGOT SC LTD’s company registration, number C8431005, industry listed as Business Services; the registry publishes no status or incorporation date.
- The Seychelles FSA register lists INGOT SC LTD as a regulated securities dealer; that register does not publish licence numbers, so the firm’s own claim of licence number SD117 is not independently verified by it.
- The CySEC register of Cypriot investment firms confirms INGOT Brokers Europe Ltd holds an active licence matching number 462/25, but that authorisation covers EU/MiFID clients, not the wider INGOT brand.
- The ASIC register confirms AFS licence 428015 is held by INGOT AU PTY LTD, ABN 87159895431, the current name of the company formerly called INGOT Brokers (Australia) Pty Ltd.
- The Jordan Securities Commission directory lists a company matched to INGOT’s Jordan-facing domain as active, but the directory does not publish a licence number, so JSC number 3/1/00829/21 from our earlier review is not confirmed there.
- The FSCA register shows licence FSP 51008 held by ACY Securities SA (Pty) Ltd, not by “INGOT RSA (Pty) Ltd” as our earlier review states.
- Kenya’s Capital Markets Authority register confirms licence 173 as a non-dealing online forex broker, but the holder is named Ingot Ke Limited, not “INGOT Africa Ltd” as our earlier review states.
- We searched 1441 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and INGOT does not appear on any of them.
- The firm’s own about page states it does not accept clients who are citizens or residents of the USA, and says access elsewhere may be restricted by local regulatory requirements.
Which entity is actually behind INGOT Brokers
Readers dealing with INGOT Brokers are not dealing with a single company, and which one matters. The firm’s own about page attributes the Seychelles securities dealer licence SD117 to “INGOT SC LTD.”, the entity that operates the website; our earlier review attributes the same licence number to a differently named entity, “INGOT Global Ltd.” We have treated the firm’s own page as the current word on this, but the mismatch between the two sources is itself worth flagging rather than quietly resolving. Separately, the Seychelles FSA register holds no entry for “INGOT Global Ltd” by that name at all, out of 648 entries we searched across its capital-markets, collective-investment-scheme, fiduciary, regulatory-sandbox, international-trade-zone and insurance categories.
What the INGOT Brokers registers actually confirm
Of the entities named across the firm’s own page and our earlier review, the Cyprus, Australia and Seychelles claims stand up against the relevant register. CySEC’s own register of Cypriot investment firms shows INGOT Brokers Europe Ltd as an active CIF under licence 462/25, which is a genuine investment-services authorisation rather than a bare company filing, though it applies only to the EU-facing brand and not to INGOT SC LTD, the entity behind the wider website. ASIC’s register confirms AFS licence 428015 belongs to INGOT AU PTY LTD, formerly INGOT Brokers (Australia) Pty Ltd, under ACN 159 895 431. Two other claims are weaker than stated: the Jordan Securities Commission’s directory finds a matching company under an Arabic name tied to INGOT’s own domain, active and registered since 2006, but it does not publish a licence number to check “3/1/00829/21” against; and Kenya’s Capital Markets Authority register confirms licence 173 as a real, active non-dealing forex broker licence, just held by a company called Ingot Ke Limited rather than the “INGOT Africa Ltd” named in our earlier review. The South Africa claim, which comes from our earlier review and not from INGOT’s current pages, is the one that does not hold up: FSP 51008 on the FSCA register belongs to a different firm entirely.
What INGOT Brokers charges and what it does not say
The firm’s own about page carries a site-wide banner reading “ZERO ZERO ZERO — Trade, deposit, and withdraw with zero fees.” Our earlier review’s fee table, by contrast, lists a 1% fee on both Bitcoin and other cryptocurrency withdrawals, with a $10 minimum withdrawal. We could not check this discrepancy against a funding or withdrawals page in our evidence, since the funding and licences pages we fetched came back as empty site shells, so a reader weighing the “zero fees” claim against the 1% crypto figure should check the current funding page directly before relying on either. Our earlier review’s account table lists an EVO account with a $10 minimum deposit, EUR/USD spreads from 0.7 pips and 1:5000 leverage on major forex pairs, and a Standard account at a $100 minimum with spreads from 1.2 pips and the same leverage ceiling; both are described as zero-commission with a swap-free option. None of these figures come from a page we fetched ourselves, so they are reported here as our earlier review’s numbers, not as something we read on INGOT’s own site.
Platforms and what INGOT Brokers’ own site actually lists
The firm’s own Platforms navigation lists MT4, MT5, INGOT Copy Trader and an INGOT mobile app for iOS and Android. Our earlier review’s account-comparison table additionally names “INGOT for WEB” as a platform on both the EVO and Standard accounts; that platform does not appear on the firm’s current Platforms navigation, so it may be discontinued, renamed, or simply not covered by the page we fetched. The firm’s own about page also discloses that telephone calls and online chat conversations with INGOT may be recorded and monitored, and that INGOT SC LTD disclaims liability for “unauthorized access, data breaches, or cyber threats that may arise despite our best efforts” under its Website Security Disclaimer.
Key Takeaways
INGOT scores 6.8 overall, and the parts behind that number pull in different directions.
Where INGOT Brokers is actually regulated
- The Cyprus Securities and Exchange Commission register confirms INGOT Brokers Europe Ltd as a licensed CIF under number 462/25, an active entry on CySEC’s official Cypriot investment firms register. This is a genuine EU financial services authorisation, not a company registration, but it covers only INGOT Brokers Europe Ltd, not every reader of the site.
- The Seychelles FSA lists INGOT SC LTD as a regulated securities dealer, confirming the entity behind that claim, though the register itself does not publish licence numbers, so the firm’s own cited number SD117 is not independently checkable against it.
- The Australian Securities and Investments Commission register confirms AFS licence 428015 is held by INGOT AU PTY LTD, and shows INGOT Brokers (Australia) Pty Ltd as the same company under a former name, both against ACN 159 895 431.
- The Jordan Securities Commission directory lists an entity matched to the claimed INGOT Financial Brokerage Ltd as active, holding financial advisory and foreign markets broker licences from 1/1/2026, but the directory does not publish a licence number, so the firm’s cited 3/1/00829/21 is not verified by it.
- The Capital Markets Authority of Kenya register shows licence 173 held by Ingot Ke Limited, the same brand under a different company name than the claimed INGOT Africa Ltd.
- Set against those, the FSCA register in South Africa contradicts the claim outright: FSP 51008 exists but is held by ACY Securities SA (Pty) Ltd, not INGOT RSA (Pty) Ltd. That is a named entity claiming a licence number that belongs to somebody else on the regulator’s own record.
- Separately, the Seychelles FSA register has no entry matching “INGOT Global Ltd”, the entity name the earlier review attached to licence SD117, a name that does not match INGOT SC LTD as named on the firm’s own current legal disclaimer.
- We searched 1,441 warning list entries mirrored from CySEC, the FCA and the FSC Mauritius, and INGOT does not appear on any of them. That result covers only those three mirrored lists, not every regulator worldwide.
What the firm’s own pages say, and where they conflict with each other
- INGOT SC LTD’s Seychelles company registration is confirmed on the Seychelles Business and Company Search under number C8431005, a company registry entry that confirms the company exists and says nothing about any trading licence.
- The firm’s own legal disclaimer names a company registration for INGOT Brokers Europe Ltd, HE 447725 in the Cyprus company registry, and the official Cyprus Registrar of Companies search, read on 9 October 2026, lists INGOT BROKERS EUROPE LTD under that number as a registered company.
- The homepage carries the marketing line “Zero Withdrawal Fees” as part of a “ZERO ZERO ZERO” slogan, while the earlier review’s fee table records a 1% withdrawal fee on Bitcoin and other cryptocurrencies, with a $10 minimum. Those two claims sit against each other on the evidence we hold.
- The firm’s own Website Security Disclaimer states it “is not liable for any unauthorized access, data breaches, or cyber threats that may arise despite our best efforts,” putting that risk on the client rather than the firm.
- The same disclaimer notes that “telephone calls and online chat conversations may be recorded and monitored,” with no opt-out stated for the client.
Fees, accounts and what we could not confirm firsthand
- The earlier review describes an EVO account with a $10 minimum deposit, EUR/USD spreads from 0.7 pips, 1:5000 leverage on major forex pairs and zero commissions, alongside a Standard account at a $100 minimum with spreads from 1.2 pips and the same leverage ceiling. Neither figure comes from a page we fetched ourselves.
- The earlier review’s account comparison table lists a platform called “INGOT for WEB,” but the firm’s own current platforms navigation lists only MT4, MT5, INGOT Copy Trader and the INGOT mobile app, with no separate branded web platform. Whether that product still exists is not something we could confirm firsthand.
- Several of the firm’s pages, including the licences and regulation pages, returned only an empty site shell when fetched; the contact page had to be read in a browser. That means we hold no firsthand support contact details and no firsthand text for the firm’s own regulation summary; the reviews score of 4.6 and support score of 7 should be read against that gap.
- The earlier review’s claim of a “Secure Start” program, meant to cover a new trader’s first trade up to $100, appears nowhere in the firsthand pages we fetched and could not be corroborated.
Licenses & Regulation
INGOT operates under several entities, and the register checks turn up a mixed picture: some hold up, one is a straightforward mismatch, and several claimed licences simply can’t be tied to the entity named.
What the Cyprus and Seychelles registers confirm
The firm’s own legal disclaimer names two entities behind the site: INGOT SC LTD, licensed in Seychelles, and INGOT Brokers Europe Ltd, which it says is authorised by the Cyprus Securities and Exchange Commission under licence 462/25 and operates under MiFID. The CySEC register bears this out: it lists the entity as a CIF (investment firm) under CySEC’s official Cypriot investment firms register, with an active licence number matching the claim, which is a genuine financial-services authorisation rather than a company registration. That licence covers EU clients served by INGOT Brokers Europe Ltd; readers served by INGOT SC LTD out of Seychelles fall outside it. The Seychelles Business and Company Search separately confirms INGOT SC LTD itself, registration C8431005, industry listed as business services, though that register publishes no status or incorporation date and confirms only the company’s existence, not any licence. The Seychelles FSA does list INGOT SC LTD as a regulated securities dealer, though the FSA register does not publish licence numbers, so the firm’s own claim of “SD117” is not something the register itself verifies. On the Cyprus company registry, the official Cyprus Registrar of Companies search, read on 9 October 2026, lists INGOT BROKERS EUROPE LTD as a registered company under the number HE 447725 the firm cites.
Where the entity named doesn’t match the licence
Three of the regional entities in our earlier review don’t line up cleanly with what their regulators show. The Financial Sector Conduct Authority in South Africa does list FSP 51008, but the register holds that number against ACY Securities SA (Pty) Ltd, not INGOT RSA (Pty) Ltd as our earlier review names it. On Kenya’s Capital Markets Authority register, licence 173 is real and covers a non-dealing online forex broker, but the holder is recorded as Ingot Ke Limited, not the “INGOT Africa Ltd” our earlier review cites; it looks like the same brand under a different company name, but the register does not confirm that name itself. The Seychelles FSA register, searched again for “INGOT Global Ltd” (the entity our earlier review names as holder of SD117), turns up no matching entity or trade name among its 648 entries; the firm’s own current page attributes that same SD117 number to INGOT SC LTD instead, so the two sources name different companies against one licence number.
The claims that check out only partway
ASIC’s register supports the Australian claim with a wrinkle: AFS licence 428015 is held by INGOT AU PTY LTD, and ASIC records “INGOT Brokers (Australia) Pty Ltd” as a former name of the same company (ACN 159 895 431), so the entity and the licence do check out once the name change is accounted for. In Jordan, the Jordan Securities Commission directory lists a company matched to INGOT’s domain, registered under company number 13014 since 2006 and marked فعال (active), holding JSC licences for financial advisory and for broker activity in foreign markets from 1 January 2026; the directory itself, though, publishes no licence number, so the “3/1/00829/21” the firm quotes is not something we could verify against it.
What the warning-list search and positive controls add
We searched 1,441 warning-list entries mirrored from CySEC, the FCA and the Financial Services Commission of Mauritius, and INGOT appears on none of them. That’s a real result, but it only covers those three lists, not every regulator that might issue a warning. Before treating any of the register searches above as meaningful absences, we ran a positive control on all nine registers checked, searching for a firm already known to be listed on each, so that a “not found” result reflects the entity’s actual absence rather than a broken search.
How to Trade
Ingot’s own site lists eight categories under its Products navigation: currencies, stocks, ETFs, indices, metals, energies, agricultural commodities and cryptocurrencies. Our earlier review fills in what’s actually tradeable inside those categories, though we didn’t verify the detail firsthand: forex majors, minors and exotics such as EUR/USD, GBP/USD, USD/JPY and USD/CHF; CFDs on US, UK and European stocks and ETFs, naming Apple, Amazon and the SPDR S&P 500 fund among them; commodities including gold, silver, oil, coffee and wheat; cryptocurrency CFDs on Bitcoin, Ethereum, Litecoin and Ripple; and index CFDs on the Nikkei 225, DAX 30, FTSE 100, NASDAQ 100 and S&P 500. All of this trades as a CFD rather than as the underlying asset, consistent with the category this review covers.
The account tiers INGOT Brokers runs
The earlier review described two tiers, and since neither figure comes from a page we fetched ourselves, we’re restating rather than quoting them. EVO opens with a minimum deposit of $10, is quoted with EUR/USD spreads from 0.7 pips, carries 1:5000 leverage on major forex pairs, charges no commission on top of the spread, and can be switched to a swap-free structure for clients trading on Islamic-finance grounds. Standard needs a $100 minimum, is quoted with EUR/USD spreads from 1.2 pips, a wider starting point than EVO, keeps the same 1:5000 leverage ceiling and zero-commission structure, and adds futures contracts on soft commodities and grains that EVO’s line-up doesn’t include. Both tiers are said to reach the same product range, MT4, MT5 and INGOT Copy Trader among them, with Standard’s futures add-on the stated difference between them.
Platforms
INGOT’s own site describes MT4 as offering “powerful tools, advanced charting, and seamless execution”, and MT5 as built for traders who want faster execution and deeper analysis… superior tools, enhanced timeframes, and greater order types. It describes INGOT Copy Trader as letting a client “follow expert traders and copy their strategies”, and its mobile apps as designed to simplify trading with an intuitive design and smart features on iOS and to run “smooth, fast” on Android.
The earlier review adds specification-level detail on the two MetaTrader platforms that we can’t confirm firsthand: MT4 with more than 30 technical indicators, 24 analytical objects, nine timeframes, Expert Advisor support and one-click trading; MT5 with more than 38 indicators, 44 analytical objects, 21 timeframes, the MQL5 language and Depth of Market. That same review also lists a fifth platform, “INGOT for WEB”, as available on both the EVO and Standard tiers. The firm’s own current platforms navigation, by contrast, names only MT4, MT5, INGOT Copy Trader and the INGOT mobile app, with no separate branded web platform on the page we read. We can’t settle from what we have whether that’s a product since retired or an error in the earlier review, but a client shouldn’t assume a proprietary INGOT web terminal exists without checking current account-opening material directly.
Who INGOT Brokers won’t take on
INGOT’s own site states that it does not accept clients who are citizens or residents of the United States, and that access to its services can be restricted in other jurisdictions depending on local regulatory requirements there. The earlier review, under a heading reading “Prohibited Countries”, then lists Jordan, Kenya, Seychelles, South Africa and Australia, which the same document elsewhere describes as the regions where INGOT operates, not as a list of exclusions. That’s an inconsistency inside the earlier review itself, not a finding about INGOT’s actual restrictions, and we can’t resolve it from the evidence we hold; a trader checking eligibility from a specific country is better off confirming directly with current account-opening terms than relying on either document’s country list.
Account Types
INGOT lists two named accounts in the material we have, EVO and Standard, both variants on the same MT4/MT5/copy trading setup rather than separate platforms or product sets.
EVO and Standard: what each costs to open
The EVO account carries a $10 minimum deposit, EUR/USD spreads from 0.7 pips, 1:5000 leverage on major forex pairs, zero commissions, and a swap free (Islamic) option, according to our earlier review. It gives access to stocks, forex, metals, indices, energies and crypto, and lists MT4, MT5, INGOT for Web, INGOT for Mobile and INGOT Copy Trader as its platforms.
The Standard account raises the minimum deposit to $100 and the quoted EUR/USD spread to 1.2 pips, per the same source, while keeping the same 1:5000 leverage ceiling on Forex Majors, zero commissions, and the swap free option. It adds futures contracts on soft commodities and grains on top of everything EVO offers, plus additional futures leverage options.
Both figures come from our earlier review, not from a pricing page we fetched ourselves, so treat them as reported rather than confirmed firsthand.
A platform gap worth flagging
Our earlier review’s account table names “INGOT for WEB” as a platform on both accounts. INGOT’s own current Platforms navigation, on the page we read at the firm’s UAE about page, lists only MT4, MT5, INGOT Copy Trader and an INGOT Mobile App, with no separate branded web platform. Either INGOT for WEB has been retired since the earlier review was written, or the earlier review had it wrong. Our own page does not show it, so we would not tell a reader to expect it.
What INGOT’s own page says instead of a fee schedule
The page we fetched does not carry an account comparison table or a minimum deposit figure of its own. What it does carry is a marketing line, “ZERO ZERO ZERO, Trade, deposit, and withdraw with zero fees,” and a separate claim of “Zero Withdrawal Fees.” Set against that, our earlier review’s fee table records a 1% fee on Bitcoin withdrawals and a 1% fee on other cryptocurrency withdrawals, both with a $10 minimum. We cannot reconcile a blanket zero withdrawal fees claim on the firm’s own site with a reported 1% charge on crypto withdrawals sourced elsewhere; a reader who plans to withdraw in crypto should check INGOT’s live funding page before relying on either figure.
An offer we could not find
Our earlier review also describes a “Secure Start” program meant to cover a new trader’s first trade up to $100. This did not appear on any page we fetched ourselves in our evidence, so we are reporting that it was claimed, not that it is currently live. Anyone weighing it as a reason to open an account should look for it on INGOT’s own site first.
Instruments the accounts trade
Across both accounts, the products on offer, per the firm’s own Products navigation, are currencies, stocks, ETFs, indices, metals, energies, agricultural commodities and cryptocurrencies. Our earlier review fills in detail behind those categories: major, minor and exotic forex pairs; CFDs on US, UK and European stocks and ETFs; precious metals, energies and agricultural products; CFDs on Bitcoin, Ethereum, Litecoin and Ripple; and CFDs on indices including the Nikkei 225, DAX 30, FTSE 100, NASDAQ 100 and S&P 500.
Negative Balance Protection
INGOT’s account pages, as carried over from the earlier review of this firm, advertise 1:5000 leverage on major forex pairs for both the EVO account (minimum deposit $10) and the Standard account (minimum deposit $100), with a swap-free option available on each for clients who want to avoid overnight financing charges. High leverage of that kind widens how far a position can move against a deposit before the account runs out of margin, which is the mechanic that makes negative-balance rules matter in the first place. That leverage figure came from the earlier review rather than a page we fetched ourselves, so we report it as what that review found rather than as INGOT’s own words.
What INGOT Brokers’ own pages told us
The firsthand page we read for this review, INGOT SC LTD.’s legal disclaimer page, does not set out a margin-call level, a stop-out percentage, or a negative-balance protection policy. Its liability language covers a different subject: it states that “INGOT SC LTD. is not liable for any unauthorized access, data breaches, or cyber threats that may arise despite our best efforts,” which is about account security, not about what happens to a client’s balance once losses eat through the funds on deposit. We did not find a clause on this page addressing what happens when equity falls to zero or below, whether the firm closes positions automatically at a set margin level, or whether a client can end up owing the firm money after a loss.
Why that gap matters here
INGOT operates through more than one regulated entity, and the protections a regulator requires can differ by entity and by which one a given client is actually contracted with. Our evidence did not include a licences-regulation page for this brand; our review process notes record that page as unfetched (“body only 0 bytes”), and the funding and account pages that would normally carry stop-out and margin-call figures were not part of what we read either. That leaves the leverage figure above as the only firsthand-adjacent number on this subject we can point to, with no matching drawdown or stop-out rule to go with it. A trader who wants to know what happens once losses run deep, whether the account can go negative, and at what margin level INGOT closes positions automatically, would need to check the client agreement or account-opening terms for the specific INGOT entity they sign with, since nothing in the material we reviewed here answers that question.
Trading Instruments
INGOT Brokers’ own navigation, on the firm’s live about page for its UAE audience, groups what can be traded into eight categories: currencies, stocks, ETFs, indices, metals, energies, agricultural commodities and cryptocurrencies. That page names the categories and nothing beneath them: no instrument counts, no specific tickers, no per-class spread or leverage figures. Anything more granular in our evidence comes from our earlier review not from a page we fetched, and we report it as such below.
What the earlier review said INGOT Brokers offers, asset by asset
The earlier review broke the same broad categories into named examples. Under forex it listed major, minor and exotic pairs such as EUR/USD, GBP/USD, USD/JPY and USD/CHF. Under stocks and ETFs it named CFDs on Apple, Amazon and the SPDR S&P 500 fund, describing the coverage as US, UK and European stocks and ETFs. Under commodities it named gold, silver, oil, coffee and wheat as examples of precious metals, energies and agricultural products. Under cryptocurrencies it named Bitcoin, Ethereum, Litecoin and Ripple. Under indices it named the Nikkei 225, DAX 30, FTSE 100, NASDAQ 100 and S&P 500. None of those individual names appear on the firsthand page in our evidence, so a reader should treat them as the earlier review’s account of the product list rather than as something we confirmed on INGOT Brokers’ own site.
Account tiers and what the earlier review said they change
The earlier review described two account tiers. The EVO account carries a stated minimum deposit of $10, EUR/USD spreads quoted from 0.7 pips, 1:5000 leverage on major forex pairs, zero commissions, and an optional swap-free (Islamic) setting, with access to stocks, forex, metals, indices, energies and crypto. The Standard account carries a stated minimum deposit of $100, EUR/USD spreads quoted from 1.2 pips, the same 1:5000 forex-majors leverage figure plus additional futures leverage options, zero commissions, the same swap-free option, and the same instrument set plus futures on grains and soft commodities. Both descriptions come from the earlier review, not from a page we fetched, and both are stated only in forex terms: neither gives a spread or leverage figure for the stock, ETF, crypto, index or commodity CFDs the same tiers are said to include.
Where the account of INGOT Brokers’ asset range gets thin
The firsthand page confirms the eight product categories exist as headings but stops there, so the specific pairs, tickers, and per-instrument spread or leverage terms above rest entirely on the earlier review’s account and have not been checked against a current INGOT Brokers document in our evidence. The earlier review also listed “INGOT for WEB” as a platform bundled into both the EVO and Standard tiers; the firm’s own current platform listing names only MT4, MT5, INGOT Copy Trader and the INGOT mobile app, with no separate branded web platform, so that piece of the account-tier description does not match what the firm currently publishes about its own tools. Nothing in our evidence gives an instrument count, a full contract specification sheet, or trading-hours detail for any of the eight categories, so a trader weighing a specific pair, stock or futures contract against INGOT Brokers’ terms would need to check the firm’s own current instrument specifications before relying on the figures collected here.
Education & Analysis
The account-comparison table carried over from the earlier review lists MT4, MT5, INGOT for Web, INGOT for Mobile, INGOT Copy Trader as the platform set on both the EVO and Standard accounts. INGOT’s own current page lists a different set under Platforms: MT4, MT5, INGOT Copy Trader and an INGOT Mobile App. A separate “INGOT for WEB” browser platform does not appear on that firsthand page. That could mean the web platform was retired, or that the review’s table is simply wrong; either way, a reader should confirm a proprietary web terminal exists before counting on it rather than assuming the older table is still current.
What INGOT Brokers’ own page says about MT4 and MT5
INGOT SC LTD.’s own about page describes MetaTrader 4 as offering “powerful tools, advanced charting, and seamless execution” and MetaTrader 5 as built for traders who want faster execution and deeper analysis… superior tools, enhanced timeframes, and greater order types. Both are marketing lines rather than specifications, but they confirm the two platforms are current and separately promoted, not that one has superseded the other.
The earlier review being rewritten here put numbers on the same two platforms: MT4 with 30+ technical indicators, 24 analytical objects, 9 timeframes, Expert Advisor support and one-click trading across desktop, web and mobile; MT5 with 38+ technical indicators, 44 analytical objects, 21 timeframes, the MQL5 language and Depth of Market. Those figures were not read from any INGOT page fetched for this review, so they are reported here as what the earlier review found, not as INGOT’s own claim, and the standard caveat applies: MT4 and MT5’s indicator and object counts are largely fixed by MetaQuotes across brokers, so a broker-specific figure this precise is worth treating with some caution regardless of source.
Copy trading and mobile access
INGOT’s own page lists INGOT Copy Trader, described there as a tool to “follow expert traders and copy their strategies,” alongside a mobile app on iOS and Android. The firm’s own wording for the iOS app is that it “simplifies trading with an intuitive design and smart features,” and for the Android app that it is “smooth, fast.” None of that describes charting capability specifically, and INGOT’s own page gives no detail on what timeframes, indicator counts or drawing tools the copy-trading or mobile products carry, so nothing further can be said about their analysis depth from what was fetched.
Instruments available to chart and trade
INGOT’s own Products navigation lists currencies, stocks, ETFs, indices, metals, energies, agricultural commodities and cryptocurrencies. The earlier review filled in examples under those same categories: forex pairs including EUR/USD, GBP/USD, USD/JPY and USD/CHF; CFDs on US, UK and European stocks and ETFs such as Apple, Amazon and the SPDR S&P 500; commodities including gold, silver, oil, coffee and wheat; crypto CFDs on Bitcoin, Ethereum, Litecoin and Ripple; and index CFDs on the Nikkei 225, DAX 30, FTSE 100, NASDAQ 100 and S&P 500. Those named examples came from the earlier review, not from a product-list page fetched here, so they should be read as illustrative rather than as a verified current instrument roster.
What was not available to check
Our evidence notes that several of INGOT’s own pages, including the licences-regulation pages, came back with an empty body when fetched. That gap does not bear directly on charting, but it means claims about platform features here rest on the about page and the earlier review only, not on any dedicated platforms or trading-conditions page. Anyone weighing execution speed, order types or the accuracy of the indicator and timeframe counts above against a live account should treat the firsthand material here as a starting point rather than the full picture.
Special Offers
What INGOT Brokers advertises as “zero fees”
The firm’s own about page frames itself under the banner “ZERO ZERO ZERO — Trade, deposit, and withdraw with zero fees,” and separately lists “Zero Commission,” “Zero Deposit Fees” and “Zero Withdrawal Fees” as a site-wide claim, per the firm’s the firm’s UAE about page. That is the closest thing to a promotional pitch on the pages we fetched for this update: it is framed as an across-the-board cost claim rather than a time-limited bonus, a deposit match or an account credit, and it applies to trading, depositing and withdrawing alike rather than to one product or one new-client window.
That claim does not sit cleanly next to the rest of the material in our evidence. A withdrawal fee table carried over from the earlier review this write-up updates lists a 1% fee on Bitcoin withdrawals and a 1% fee on other cryptocurrency withdrawals, each with a $10 minimum withdrawal amount. Those two figures come from the earlier review, not from a page we fetched ourselves, so this write-up cannot confirm the 1% charge against INGOT’s own funding page directly. What can be said is narrower: the firm’s own about page advertises “Zero Withdrawal Fees” site-wide, and a separate, second-hand source describes a 1% fee on crypto withdrawals specifically. A reader relying on the banner alone would not learn about that possible crypto charge, and our evidence does not contain the firm’s own funding or fees page to settle which figure governs a given withdrawal method.
The “Secure Start” program
The earlier review this write-up updates reported a program called “Secure Start,” which it said would cover a new trader’s first trade up to $100. That description reached us only through the earlier review; it did not appear on the firm’s own about page or on any other page fetched for this update, so it is reported here as what the earlier review said, not as something INGOT’s own site currently states. Treat it as unconfirmed: on this evidence it could be a current offer that simply sits on a page we did not fetch, a discontinued one, or a region-specific one, and nothing in our evidence distinguishes between those possibilities.
Beyond the zero-fees banner and the earlier review’s mention of Secure Start, the pages fetched for this update say nothing further about deposit bonuses, referral credit, loyalty tiers or seasonal promotions. That reflects the pages we could read, with the licences-regulation and economic-calendar pages returning no content, not a conclusion about what INGOT Brokers does or does not run.
Opening an Account
INGOT Brokers Europe is licensed by CySEC and INGOT SC LTD is confirmed as a regulated securities dealer by the Seychelles FSA, so which entity a new client actually signs up with depends on which INGOT site they land on; the firm’s own legal page names both entities but does not set out a single account-opening walkthrough for either.
The account tiers on offer
The earlier review of INGOT Brokers that this piece is being rewritten from set out two account tiers, EVO and Standard, and we are restating its figures here rather than the firm’s own account page, since no such page reached us firsthand. EVO is given a $10 minimum deposit, EUR/USD spreads from 0.7 pips and access to stocks, forex, metals, indices, energies and crypto. Standard is given a $100 minimum deposit, EUR/USD spreads from 1.2 pips, and the same instrument range plus futures on grains and soft commodities. Both tiers are described as commission-free and as offering a swap-free option for clients who want one, and both are listed against MT4, MT5 and INGOT Copy Trader as available platforms.
What it takes to fund an INGOT Brokers account
The same earlier review’s payment table gives a $10 minimum tied to several of the funding methods it lists: Apple Pay (instant, free), card (instant, free), Bitcoin (deposit free, blockchain-dependent timing) and other cryptocurrencies (deposit free, blockchain-dependent timing). Bank transfer is listed as taking 3 to 5 business days and carrying no fee, with a note that the practical minimum can run higher than $10 depending on the receiving bank’s own processing requirements. On the withdrawal side, that table gives Bitcoin and other cryptocurrency withdrawals a 1% fee with a $10 minimum, while the firm’s own homepage, under the banner “Trade, deposit, and withdraw with zero fees” and the line “Zero Withdrawal Fees,” advertises no withdrawal fee at all. Those two figures do not reconcile from the evidence available here, and a reader funding or withdrawing in crypto should check the fee actually charged before relying on either.
Who INGOT will not open an account for
INGOT SC LTD’s own legal disclaimer states plainly that it does not accept clients who are citizens or residents of the United States of America. The same page adds, without naming the jurisdictions concerned, that access to its services may be restricted elsewhere depending on local regulatory requirements. The earlier review, separately, includes a section headed “Prohibited Countries” whose actual content is a list of the regions where INGOT operates: Jordan, Kenya, Seychelles, South Africa and Australia. That heading and its content do not match in that source, so it should not be read as a list of countries excluded from opening an account; it appears to be an error in our earlier review rather than a policy of the firm’s.
Contact during sign-up
The firm’s general disclaimer states that telephone calls and online chat conversations may be recorded and monitored, with no opt-out mentioned for a prospective client contacting INGOT during the application process. Its website security disclaimer separately states that INGOT SC LTD is not liable for unauthorized access, data breaches, or cyber threats that may arise “despite our best efforts,” which puts the risk of a compromised sign-up or account on the client rather than the firm even where INGOT’s own protective measures fail.
What we could not confirm about verification
The pages that reached us from INGOT Brokers’ own site cover its legal disclaimers, its licensing claims, and the security and copyright notices quoted above; none of them is a sign-up flow or identity-verification checklist, and the firm’s dedicated contact and licences-regulation pages did not load in our evidence at all. The minimum deposits, funding timelines and eligibility restrictions set out above are what the evidence holds; the actual documents INGOT asks for at verification, and how long that check takes, are not among the pages we could read.
Deposits & Withdrawals
Funding INGOT runs through five channels, per our earlier review’s payment table: Apple Pay, bank transfer, credit/debit card, Bitcoin, and other cryptocurrencies. Card and Apple Pay deposits are described as processing instantly, Bitcoin deposits as depending on the blockchain, bank transfer deposits in 3 to 5 business days, and all deposit routes as free with a $10 minimum, though our earlier review notes the minimum may run higher on bank transfer depending on the sending bank’s own processing requirements.
What INGOT Brokers charges to withdraw
Withdrawal timing mirrors deposit timing in the same table from our earlier review: instant for card and Apple Pay, dependent on the blockchain for Bitcoin, 3 to 5 business days for bank transfer. The fee picture is not uniform. Card, Apple Pay and bank transfer withdrawals are listed as free. Bitcoin and other cryptocurrency withdrawals carry a 1% fee, applied against the same $10 minimum withdrawal amount that governs deposits.
That 1% crypto fee sits awkwardly next to the firm’s own marketing. The firm’s about page runs the line “ZERO ZERO ZERO — Trade, deposit, and withdraw with zero fees,” including an explicit “Zero Withdrawal Fees” claim, on the firm’s UAE about page. Nothing on that page carves out crypto as an exception. We read the two sources side by side and the crypto fee is only in our earlier review’s payment table, not on the page carrying the zero-fees claim, so we cannot say whether the fee has since been dropped, was never accurate, or simply isn’t the kind of detail a marketing page discloses. A trader moving funds by Bitcoin should check INGOT’s current funding page before assuming either figure still holds.
Minimums and account tiers
The $10 funding minimum lines up with the entry point for INGOT’s own account structure, also carried by our earlier review: the EVO account opens at a $10 minimum deposit, while the Standard account steps up to $100. Both are described as zero-commission accounts with a swap-free option, so the deposit/withdrawal fee schedule above appears to apply across both tiers rather than varying by account type, though the evidence does not give a tier-by-tier payments breakdown to confirm that directly.
What we could not check
None of the payment rails, minimums, or the 1% crypto withdrawal fee come from a funding or withdrawals page we fetched ourselves; they reached us through our earlier review here, not through INGOT’s own site. Several of the firm’s pages returned no content when fetched, so we had no firsthand funding-terms page to check the crypto fee, the processing times, or the zero-fees claim against. Anyone moving money through INGOT should treat the figures above as reported rather than verified, and confirm current terms directly with the broker before relying on them, particularly given the direct tension with the firm’s own “zero withdrawal fees” line.
Customer Support
INGOT’s contact page loads its content in the browser, so we read it rendered on 30 September 2026. It lists a support email, customerservice@ingot.io, a general inquiries email, info@ingot.io, a phone number, +248 4345580, and an office at Unit 3, 2nd Floor, Dekk Complex, Plaisance, Mahé, Seychelles. It says INGOT’s Customer Support team is available 24/6, and a chat widget sits in the corner of the page. It names no supported languages and gives no response times.
What INGOT SC LTD.’s own disclaimer says about contact
The one firsthand detail this review does hold on how INGOT Brokers handles contact comes from the general disclaimer on the firm’s own about page for its UAE-facing site: “Telephone calls and online chat conversations may be recorded and monitored.” That is a term that binds a client the moment they pick up the phone or open live chat with the firm: the call or chat is logged, and the page gives no opt-out for a client who would rather it wasn’t.
What happens if a client complains about a security incident
The same page carries a website security disclaimer: “For security reasons, INGOT SC LTD. is not liable for any unauthorized access, data breaches, or cyber threats that may arise despite our best efforts.” A client raising a breach or cyber incident with support is told upfront, in this clause, that the firm disclaims liability for it even where its own protective measures failed, which shapes what recourse that client actually has once the complaint is raised.
The same disclaimer block also warns that Any unauthorized use, reproduction, or distribution of the website’s content, design, or branding is strictly prohibited… Any unauthorized use, modification, or imitation may result in legal action. That is not a support term itself, but it sits alongside the clauses above and points to the same posture: monitored channels, liability disclaimed for security incidents, and legal action reserved for misuse of the firm’s own material.
Who INGOT Brokers will and won’t serve
The same UAE-facing about page states that INGOT SC LTD. does not accept clients who are citizens or residents of the United States, and separately notes that access to its services may be restricted in other jurisdictions depending on local regulatory requirements there. Neither statement says which other jurisdictions are affected, so a reader outside the US who wants to know whether they can be onboarded and supported would need to raise that directly with the firm rather than rely on this page.
Set against a search of 1,441 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, in which INGOT Brokers appears on none of them, the picture on service quality itself stays incomplete: the recording clause and the security-liability disclaimer are the only terms this review can point to, and the channels, hours and substance of day-to-day support are not something we were able to confirm from a page we actually read.
Prohibited Countries
INGOT Brokers’ own page, the firm’s UAE about page, names one nationality it will not take on as a client: it states the firm “does not accept clients who are citizens or residents of the United States of America (USA).” That is the only prohibited-country statement we found on the firm’s own material.
The same page adds a broader, unnamed carve out: access to services may be restricted in other jurisdictions based on local regulatory requirements. It does not list which jurisdictions, so we cannot report a second country here beyond what the firm actually named.
What our earlier review’s “Prohibited Countries” section actually says
Our earlier review includes a section headed “Prohibited Countries” that, as reported to us, does not list excluded countries at all. Instead it lists “Regions Where INGOT Brokers Operates”: Jordan, Kenya, Seychelles, South Africa and Australia. That is a mismatch between the heading and the content beneath it in that source, and we flag it as an apparent inconsistency in the earlier review rather than as INGOT’s own list of prohibited countries. Where a heading promises one thing and the list under it delivers another, we are not willing to guess which one is the error and report the mismatch as we found it.
Why INGOT Brokers’ multiple entities complicate any single answer
INGOT operates through several separately regulated entities, and a prohibited-country list drawn up for one need not apply to another. The Seychelles FSA lists INGOT SC LTD as a regulated securities dealer, which is the entity the firm’s own about page names as holding SD117. CySEC’s register of Cypriot investment firms confirms an active licence, 462/25, for INGOT Brokers Europe Ltd, an entity our earlier review’s regional summary omitted entirely. ASIC confirms AFS licence 428015 against INGOT AU PTY LTD, trading history shows the same company was formerly named INGOT Brokers (Australia) Pty Ltd. The Jordan Securities Commission’s directory lists a company matched to the domain www.ingot.io as active, though the directory does not publish the licence number our earlier review quoted. On the Capital Markets Authority of Kenya’s register, licence 173 is held by Ingot Ke Limited, not by “INGOT Africa Ltd” as our earlier review named it, though it is the same brand under a different company name. FSP 51008 on South Africa’s FSCA register is held by a different firm, ACY Securities SA (Pty) Ltd, not by “INGOT RSA (Pty) Ltd” as our earlier review claimed. None of that changes what INGOT’s own page says about prohibited clients, but it means a reader in any one of these jurisdictions is dealing with a specific licensed entity, each of which may carry its own onboarding rules that our evidence does not cover.
What we could not check for INGOT Brokers
We searched 1,441 warning list entries mirrored from CySEC, the FCA and the FSC Mauritius, and INGOT does not appear on any of them. That is a clean result on the lists we mirror, not a clearance from every regulator worldwide, and it says nothing about which countries the firm chooses not to serve. The firm’s licences and regulation pages for both the AE and ID markets returned no content when we fetched them, so we have no firsthand page setting out a country by country exclusion list, and none exists in the evidence to report. Anyone in a jurisdiction not named above should treat the “local regulatory requirements” line on INGOT’s own page as the operative caveat and check directly with the firm rather than assume access either way.
Conclusion
INGOT Brokers scores 6.8 out of 10 in this review, held down by a regulatory picture that is more fragmented than the marketing suggests and by a reviews score that sits well below every other component. The fee and platform sides of the business are genuinely competitive; the entity structure behind them is not straightforward, and two of the licence claims we checked did not hold up.
Regulation: a group spread across seven entities
INGOT operates through at least seven separately named entities, and the public registers we checked confirm some of them and not others. The Cyprus Securities and Exchange Commission register lists INGOT Brokers Europe Ltd as an active CIF under licence 462/25, a genuine investment-firm authorisation, but that licence covers only the EU-facing brand and not the Seychelles-operated site most readers land on. The Seychelles FSA register confirms INGOT SC LTD as a regulated securities dealer, though the register itself does not publish licence numbers, so the number SD117 remains the firm’s own claim rather than something we could check directly; the firm’s own page attributes SD117 to INGOT SC LTD, while our earlier review attributed the same number to a differently named “INGOT Global Ltd”, an entity the FSA register does not list at all. On ASIC, the Australian register confirms AFS licence 428015 belongs to INGOT AU PTY LTD, the same company as INGOT Brokers (Australia) Pty Ltd under its former name. The Jordan Securities Commission directory lists an active company matched to the firm’s own domain ingot.io, but publishes no licence number, so the claimed 3/1/00829/21 is not something the directory verifies. Two claims did not survive checking: the FSCA register shows FSP 51008 held by ACY Securities SA (Pty) Ltd, not INGOT RSA (Pty) Ltd, and the Kenyan Capital Markets Authority’s licence 173 is held by Ingot Ke Limited rather than the claimed INGOT Africa Ltd, the same brand under a different company name. We also searched 1,441 warning-list entries mirrored from CySEC, the FCA and FSC Mauritius, and found no match for this firm on any of them.
What INGOT Brokers charges
On price, the account-comparison material describes an EVO account with a $10 minimum deposit, EUR/USD spreads from 0.7 pips and zero commissions, and a Standard account at a $100 minimum with spreads from 1.2 pips, also commission-free. The firm’s own homepage carries a “Zero Withdrawal Fees” claim, which sits awkwardly against the same account material’s listing of a 1% fee on Bitcoin and other cryptocurrency withdrawals, subject to a $10 minimum. We could not resolve that contradiction from the pages available to us; a reader relying on the “zero fees” banner for crypto withdrawals specifically should check the funding page before moving money.
Platforms and what we couldn’t check
The firm’s own site lists MT4, MT5, INGOT Copy Trader and an INGOT mobile app as its current platform lineup. Account-comparison material also names a separate “INGOT for WEB” platform, which does not appear on the firm’s own current platforms listing, so it may be discontinued or the reference may simply be out of date. On support, the firm’s contact page, read in a browser on 30 September 2026, lists a support email, a phone number, a chat widget and 24/6 availability, which is what the support score of 7 rests on; it gives no response times. The reviews score of 4.6 is the weakest input in this review and pulls the overall figure down more than the regulatory or fee questions do.
INGOT Brokers holds a genuine CySEC licence for its EU entity and a confirmed ASIC licence for its Australian one, low minimum deposits from $10, and a clean result across 1,441 mirrored warning-list entries, but its South African and Kenyan licence claims did not match the named entity on the relevant register. TrueBroker scores it 6.8 out of 10.
What we saw
Pages captured from INGOT Brokers’s own site when this review was written. Brokers change their terms; these are what we read.
Score history
Recomputed daily; every move is on the record. The current score is always the latest row.
| Date | Score | Move |
|---|---|---|
| 2026-07-25 | 6.8 | ▼ |
| 2026-07-18 | 6.9 | ▼ |
| 2026-07-11 | 7.1 | · |
FAQ
Is INGOT Brokers regulated?
Yes. INGOT Brokers Europe Ltd holds CySEC licence 462/25 in Cyprus, and INGOT SC LTD is registered in Seychelles; both are confirmed on their registers.
What is the minimum deposit at INGOT Brokers?
The published minimum deposit is USD 10.
What spreads does INGOT Brokers offer?
Spreads start from USD 7 round turn on 1 lot of EURUSD on the EVO account.
What trading platforms does INGOT Brokers support?
MetaTrader 4, MetaTrader 5, its own mobile app, and INGOT Copy Trader.
How can I contact INGOT Brokers support?
By email, live chat, or a published phone number, during published support hours.
What do reviews say about INGOT Brokers?
Reviews are mixed, with a blended rating of 3.23 stars across 63 ratings.
How this review works
Track INGOT Brokers live: score moves and red notices, in your pocket.





