INGOT Brokers Review 2026

INGOT Brokers is a legacy multi-entity forex and CFD brokerage founded in 2006 with Jordanian roots, an Australian entity that has held ASIC licence AFSL 428015 continuously since January 2013, and a newly licensed CySEC entity launched in November 2025. Across those entities it advertises EUR/USD spreads from 0.7 pips on its EVO account, up to 1:5000 leverage on the Seychelles global route, dual MetaTrader 4 and 5 platforms, and a minimum deposit as low as USD 10. This review breaks down regulation, trading conditions, platforms, product scope, customer support and the trade-offs, then compares INGOT directly with UZFX so you can weigh a seasoned offshore-first multi-entity broker against a modern ASIC-regulated proprietary-stack broker. For a broader landscape view, see our best forex brokers 2026 guide.

INGOT Brokers at a Glance

Company Overview

INGOT was founded in 2006 in Amman, Jordan, and has built a two-decade track record operating across the Middle East, Africa, Asia and, increasingly, Australia and Europe. The brand’s legal structure is a classic multi-entity setup: INGOT Global (Seychelles) is the primary worldwide entity serving most retail traders, INGOT AU Pty Ltd serves Australian retail and professional clients under ASIC, INGOT KE Ltd serves Kenya, and INGOT Brokers Europe Ltd — a Cyprus-incorporated firm registered under CySEC licence 462/25 — launched in November 2025 to serve EU retail and professional clients.

The AU entity is the most established piece of the group. AFSL 428015 was first issued to INGOT AU on 24 January 2013, and the firm has remained continuously licensed for over 13 years. It is also an AFCA member (member number 31298, registered since 1 November 2018), which means claims against INGOT AU for misleading, misleading or aggressive conduct are referred to the Australian Financial Complaints Authority scheme.

The CySEC entity is brand new, only months old at the time of this review. That is worth flagging: the Cyprus passport is a legitimate tier-1 route, but INGOT Brokers Europe has no multi-year track record under MiFID II oversight yet. Compare that with longer-established European operations like Pepperstone or IG — the INGOT EU setup is credible but unproven over time.

INGOT does not serve US, Japanese or mainland Chinese retail clients. Residents of the USA, Japan, China, Iran, North Korea and Syria are explicitly excluded.

Regulation and Safety

INGOT’s regulatory footprint splits into two tiers. Tier-1 regulation (strong consumer protection, segregated funds, financial reporting) is delivered by ASIC AFSL 428015 in Australia and CySEC licence 462/25 in Europe. Tier-2 / offshore regulation is delivered by FSA Seychelles SD117, CMA Kenya licence 173 and the historic JSC Jordan licence.

The Seychelles global entity is where most retail clients actually sit. FSA Seychelles offers real legal oversight but a much thinner layer of investor compensation than ASIC, CySEC or the FCA. The Seychelles entity also advertises leverage up to 1:5000 on major FX and gold — a figure that is only available because it sits outside tier-1 caps. If you are drawn to INGOT for the offshore leverage, be clear that you are trading with INGOT SC Ltd, not the ASIC or CySEC entity.

Client money at the AU entity is held in segregated accounts with a tier-1 Australian bank on a fully segregated basis. The AU entity also carries negative balance protection under ASIC’s Product Intervention Order, so retail losses cannot exceed the account balance.

User sentiment. Traders Union rates INGOT’s safety 9.8/10, ReviewBrokers rates it 9.0/10, and 55brokers rates its safety in the mid-tier (driven down by the Seychelles entity). The split is essentially a function of which entity you trade under: ASIC and CySEC users see consistently strong safety scores; Seychelles global users see the leverage upside offset by thinner compensation.

Trading Conditions

INGOT’s pricing is spread-only on the retail accounts and raw-spread-plus-commission on the Raw accounts.

EVO. Minimum deposit USD 10 (USD 100 for the AU entity). EUR/USD spread advertised from 0.7 pips. Zero commission. Scope: major and minor FX pairs. Available on MT4 and MT5.

Standard. Minimum deposit USD 100. EUR/USD spread advertised from 1.2 pips. Zero commission. Scope: adds exotic FX pairs, softs (agricultural futures) and grains on top of Standard.

Prime / Prime Raw. Same USD 100 minimum. Prime adds crypto, indices, ETFs, commodities and stocks to the Standard scope, with 1:30 leverage on the AU entity. Prime Raw charges USD 7 per round turn and advertises spreads from 0.0 pips on some instruments.

Leverage. The AU retail entity caps at 1:30 on major FX, 1:20 on minor FX and gold, and 1:10 on energies under ASIC’s Product Intervention Order. The global Seychelles entity advertises 1:5000 on major FX and gold. Professional-status clients under AU may qualify for higher leverage. CMA Kenya sits at 1:500.

Fee footnotes. Two charges live in the AU entity’s Product Disclosure Statement (section 10.7, August 2026) that marketing pages bury: a “No Trading Activity Fee” of 2% of the withdrawal amount if no trade was placed between the deposit and the withdrawal, and an inactivity fee of A$15 per month once the account has had no trading, deposits or withdrawals for 90 days. For a USD 1,000 deposit-and-drift pattern, the first withdrawal could cost USD 20. These do not apply on the Seychelles global entity, which publishes zero withdrawal and zero deposit fees.

Trading Platforms

INGOT ships MetaTrader 4 and MetaTrader 5 on desktop, iOS and Android, plus a proprietary INGOT Web platform and mobile web. MetaTrader is the workhorse — MT4 for traders who still run custom Expert Advisors and indicators on the older codebase, MT5 for traders who want multi-asset coverage, deeper timeframes (21 on MT5), Depth of Market, and the newer backtesting engine.

INGOT has no cTrader, no TradingView integration, and no API for outside platforms. Automated trading via MetaTrader Expert Advisors is explicitly permitted on MT4 and MT5. There is one caveat in the AU entity’s account-types documentation: the retail column lists trading bots as “Retail: NO, Wholesale: YES” while the MT5 marketing page promotes Expert Advisors. This is a documentation mismatch — if you are an algo trader on the AU entity, get the answer in writing from the account manager before funding.

INGOT Copy Trader is the in-house social trading feature — you can follow and replicate trades from other INGOT clients. There is no third-party copy-trading integration (no Darwinex, no ZuluTrade).

Product Range

The global INGOT Seychelles entity advertises 1,000+ instruments across the following classes:

• Forex: 60+ pairs across major, minor, exotic and cross-rate combinations.
• Indices: Global blue-chip indices including S&P 500, NASDAQ 100, DAX 40, FTSE 100, Hang Seng and Nikkei 225, plus regional indices.
• Metals and energies: Gold, silver, platinum, palladium, crude oil (WTI and Brent), natural gas.
• Agriculture: Softs (cocoa, coffee, sugar, cotton, orange juice) and grains (wheat, corn, soybeans).
• Equities: Selected individual stocks and ETFs via CFDs.
• Crypto: Bitcoin, Ethereum, Ripple, Binance Coin, Litecoin, Dogecoin and others, offered as CFDs.

The AU entity’s Standard account adds exotics and softs to the EVO base; the Prime and Prime Raw accounts unlock the full crypto/indices/stocks scope.

Customer Support

INGOT offers multilingual support across live chat, email and a phone line on weekdays. Support hours are inconsistently published across the group’s entities — some pages say 24/5, others 24/6. Education is on the site (articles, videos, webinars), and there is a free unlimited demo account across all entities.

Compared with tier-1 competitors like Pepperstone and IC Markets, INGOT’s support infrastructure is mid-pack — decent on chat responsiveness, slower on complex withdrawal disputes. The AU entity’s AFCA membership is a meaningful backstop for Australian retail clients if support does not resolve an issue, because the complaint escalates outside the broker to the AFCA scheme.

Pros and Cons

Pros

• ASIC AFSL 428015 held continuously since January 2013 — long-established tier-1 Australian regulation
• CySEC licence 462/25 approved November 2025 — new tier-1 EU entity for EU retail and professional clients
• Very low minimum deposit: USD 10 on the global EVO, USD 100 on the AU entities
• EUR/USD spreads from 0.7 pips (EVO) and 1.2 pips (Standard), zero commission
• MetaTrader 4 and MetaTrader 5 both supported on desktop, iOS and Android
• Leverage up to 1:5000 on the Seychelles global entity for offshore clients
• Free demo account, Islamic (swap-free) accounts available, INGOT Copy Trader for social trading
• AFCA member 31298 at the AU entity for out-of-court dispute resolution
• 1,000+ instruments including forex, indices, metals, energies, stocks, ETFs and crypto

Cons

• Spreads are published as “from X pips” advertised floors, not typical or measured averages — the AU entity does not publish a typical spread
• MetaTrader 4 and MetaTrader 5 only — no cTrader, no TradingView integration, no API
• Documentation mismatch on algo trading under the AU entity (account-types page says retail bots not allowed; MT5 page promotes them)
• 2% “no trading activity” withdrawal fee on the AU entity — deposit A$1,000 and withdraw without trading, you lose A$20
• A$15 per month inactivity fee on the AU entity after 90 days of dormancy
• Most retail clients sit on the Seychelles global entity — FSA Seychelles SD117 offers thinner compensation than ASIC or CySEC
• The new CySEC entity (November 2025) has no multi-year track record under MiFID II oversight
• Not available to US, Japan, China, Iran, North Korea or Syria
• No native desktop app for INGOT Web; mobile app is limited

INGOT Brokers vs UZFX at a Glance

For a direct ASIC-tier comparison, see our IC Markets review 2026 and Pepperstone review 2026. For a Seychelles/global-entity-focused alternative, our Exness review 2026 is a closer match.

FAQ

Is INGOT Brokers regulated in 2026? Yes. INGOT AU Pty Ltd holds ASIC AFSL 428015 in Australia (licensed since 24 January 2013, AFCA member 31298 since 1 November 2018). INGOT Brokers Europe Ltd holds CySEC licence 462/25 (approved 10 November 2025) with EU passporting rights. INGOT SC Ltd holds FSA Seychelles Securities Dealer licence SD117 for the global route. INGOT KE Ltd holds CMA Kenya licence 173. Regulation is genuinely tier-1 at the AU and EU entities, and offshore-tier at the Seychelles global entity.

What are INGOT Brokers’ minimum deposits and account types? The EVO account starts at USD 10 (USD 100 for the AU entity) with zero commission and EUR/USD spreads from 0.7 pips. The Standard account starts at USD 100 with zero commission and spreads from 1.2 pips. Prime and Prime Raw add crypto, indices, ETFs and stocks; Prime Raw charges USD 7 per round turn with spreads from 0.0 pips. All accounts use a 0.01 minimum lot and cap at 25 lots.

What platforms does INGOT Brokers offer? MetaTrader 4 and MetaTrader 5 on desktop, iOS and Android, plus the proprietary INGOT Web platform and mobile web access. Automated trading via MetaTrader Expert Advisors is explicitly permitted, and INGOT runs its own Copy Trader for social trading. There is no cTrader, no TradingView integration and no API.

What is the maximum leverage at INGOT Brokers? Leverage depends on entity and account. The AU ASIC retail entity caps at 1:30 on major FX, 1:20 on minors and gold, 1:10 on energies. The Seychelles global entity advertises leverage up to 1:5000 on selected major FX and gold for offshore clients — outside ASIC and CySEC oversight. Professional-status clients may qualify for higher leverage.

What are the hidden fees? The AU entity charges a 2% “no trading activity” withdrawal fee if you withdraw without having traded in the interim (PDS section 10.7, August 2026), and an A$15 per month inactivity fee once the account has been dormant for 90 days. Neither fee applies to the Seychelles global entity, which publishes zero deposit and zero withdrawal fees.

How does INGOT Brokers compare with UZFX? INGOT is a legacy broker (2006) with a long-standing ASIC licence, a new CySEC entity, dual MetaTrader support, and offshore leverage up to 1:5000 — the trade-offs are advertised-only spread floors, MT4/MT5 only, a 2% no-trade withdrawal fee on the AU entity, and no proprietary app. UZFX is ASIC-regulated, charges zero commission with a spread-only model, requires just a USD 10 minimum, and runs a fully proprietary stack — Web Terminal, H5 mobile, iOS/Android/Windows/Mac apps — across 100+ instruments. If MetaTrader and Seychelles leverage are your priority, INGOT fits. If a modern proprietary stack, lower capital and no withdrawal fees are, UZFX is cleaner.

Final Verdict

INGOT Brokers is a mature, multi-entity brokerage with a genuinely tier-1 ASIC entity that has held AFSL 428015 since 2013 and a newly licensed CySEC entity that gives EU clients a clean route. For traders who specifically want MetaTrader 4 and 5, a Seychelles global entity with leverage up to 1:5000, and a USD 10 entry point, INGOT is a legitimate choice. The trade-offs are the documented fee footnotes at the AU entity (2% no-trade withdrawal, A$15/month inactivity), the “from X pips” advertised spread floors with no published typical spread, MT4/MT5 only, and the fact that most retail clients sit on the Seychelles entity where compensation is thinner than under ASIC or CySEC.

For traders who prefer a modern proprietary stack with a USD 10 minimum, no withdrawal fees and a fully integrated Web Terminal plus H5 mobile and native iOS/Android/Windows/Mac apps, UZFX is a cleaner fit. For a MetaTrader-first alternative at ASIC level with measured spread data, our IC Markets review 2026 and Pepperstone review 2026 are stronger picks.

Risk Disclaimer

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trading on leveraged products means losses can exceed your deposited capital, particularly on offshore accounts outside tier-1 compensation schemes. Before opening an account, read the full Product Disclosure Statement, the Financial Services Guide and the Client Agreement for the specific INGOT entity you intend to use. INGOT’s marketing pages and this review are not investment advice.

Last reviewed: 14 October 2026. INGOT Brokers Review 2026 by the MarketCFD editorial team. For more in-depth research, see our XM Group review 2026, FXTM review 2026, AvaTrade review 2026 and the top 10 regulated forex brokers 2026.