Ingot Brokers Review 2024

Ingot Brokers review
Ingot Brokers Fees Explained

• Ingot Brokers doesn't charge withdrawal fees.
• Ingot Brokers does not charge a fee for inactive accounts.
• Ingot Brokers does charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Ingot Brokers are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

Ingot Brokers Costs To Check

Modern brokers like Ingot Brokers provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Ingot Brokers may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Ingot Brokers trading profitability.

How Ingot Brokers Fees Compare Against Other Brokers

Ingot Brokers Minimum Deposit

Ingot Brokers requires a minimum deposit of 1000 GBP/USD/EUR when opening an Ingot Brokers trading account.

A minimum deposit is the minimum amount of money required by Ingot Brokers to open a new online brokerage account with them.

Don't be scared off by brokers like Ingot Brokers charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Ingot Brokers, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Ingot Brokers Withdrawal Fees

Ingot Brokers doesn't charge withdrawal fees.

Ingot Brokers Withdrawal rules may vary across different brokers when it comes to transferring funds from your Ingot Brokers or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Ingot Brokers may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Ingot Brokers withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Ingot Brokers. Researching and comparing Ingot Brokers withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Ingot Brokers funds frequently or dealing with large sums of money. Awareness of these Ingot Brokers fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Ingot Brokers funds.

For example, Ingot Brokers allows you to withdraw your funds to Credit cards, Bank Transfer, Neteller, Skrill, Payoneer.

Ingot Brokers Inactivity Fees

Ingot Brokers does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Ingot Brokers terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Ingot Brokers fees and services. It's recommended that you check the Ingot Brokers website before signing up. If you decide to close your Ingot Brokers account, it's important to do so with the Ingot Brokers broker customer support and obtain confirmation that no remaining Ingot Brokers fees are due.

Brokers like Ingot Brokers must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Ingot Brokers Deposit Fees

Ingot Brokers do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Ingot Brokers Commission Fees

Ingot Brokers does not charge commission on CFD instruments.

Brokerage firms like Ingot Brokers may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Ingot Brokers trading account level held by the trader.

Ingot Brokers may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Ingot Brokers terms and conditions to understand the commission fees and any other charges that may apply is essential.

Ingot Brokers review
Trading on Ingot Brokers web platforms and other applications

Ingot Brokers offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Ingot Brokers also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Ingot Brokers's platforms

Is the Ingot Brokers Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Ingot Brokers trading platform to protect you on PC and mobile Ingot Brokers platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Ingot Brokers web trading platforms.

Ingot Brokers Trading Platform Options

After logging into your Ingot Brokers account, you'll find a range of trading platform options available below.

• MetaTrader 4 (MT4)

Please be aware that Ingot Brokers does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

Ingot Brokers does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Ingot Brokers gives you.

Ingot Brokers review
Ingot Brokers MetaTrader 4 (MT4)

Ingot Brokers MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Ingot Brokers offers traders comprehensive features and tools to enhance their trading performance. The Ingot Brokers MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Ingot Brokers platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Ingot Brokers traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Ingot Brokers traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Ingot Brokers trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Ingot Brokers MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Ingot Brokers, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Ingot Brokers MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Ingot Brokers allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with Ingot Brokers in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Ingot Brokers MetaTrader 4 is compatible with the latest macOS. Ingot Brokers allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Ingot Brokers

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Ingot Brokers MetaTrader 4 on iOS Devices

You can download the Ingot Brokers app or trade with Ingot Brokers through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Ingot Brokers customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Ingot Brokers MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Ingot Brokers offers its clients access to the MetaTrader 4 platform on these devices. With the Ingot Brokers MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Ingot Brokers traders to stay on top of their trades and react quickly to changes in the market. With the Ingot Brokers MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Ingot Brokers MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Ingot Brokers are a powerful bundle of three major indicators designed to help traders make informed decisions. Ingot Brokers MT4 Trading Central indicators include:

• Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
• Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
• Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Ingot Brokers traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Ingot Brokers traders to potentially stay one step ahead.

Ingot Brokers MetaTrader 4 Advanced Trading Tools

The Ingot Brokers MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Ingot Brokers traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Ingot Brokers provides traders with everything they need to succeed. The Ingot Brokers MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Ingot Brokers traders to analyze the market at any level of complexity.

Trade Ingot Brokers MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Ingot Brokers MetaTrader 4 AutoChartist

Autochartist on the Ingot Brokers platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Ingot Brokers MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, Ingot Brokers traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Ingot Brokers users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Ingot Brokers traders can navigate the platform and find the information they need to make informed trading decisions.

Ingot Brokers Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Ingot Brokers traders of all experience levels.

Ingot Brokers Trading benefits

• Ingot Brokers Allows hedging

Ingot Brokers Trading Accounts Offered

Below we give an overview of the account types that Ingot Brokers offer. Whatever you are looking to trade, the varying Ingot Brokers account types will be able to provide you with what you need.

• Ingot Brokers Demo account
• Ingot Brokers Standard account
• Ingot Brokers Managed account

Can I try Ingot Brokers?

Ingot Brokers provides a demo account that enables individuals to explore trading before investing their funds. By creating a Ingot Brokers practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Ingot Brokers demo account can help individuals to make informed decisions before investing their money.

Open a demo Ingot Brokers account to practice and trade.

Losses can exceed deposits

Ingot Brokers withdrawal and funding methods

It's essential to remember that the payment methods provided by Ingot Brokers vary based on the Ingot Brokers entity and the Ingot Brokers client's country of residence. To view the Ingot Brokers payment options available, you can log into your Ingot Brokers member's area.

Ingot Brokers offers various funding payment methods listed in your Ingot Brokers dashboard if available in your region. To learn more about the Ingot Brokers funding and withdrawal options available in your area, you can explore the Ingot Brokers website.

Ingot Brokers provides several payment methods for funding your Ingot Brokers account. You may utilize any of these deposit options if they are available in your region. Ingot Brokers ensures that users have multiple payment methods to choose from, making it more convenient for verified Ingot Brokers account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Ingot Brokers user's location. learn more about Ingot Brokers funding and withdrawal methods.

Ingot Brokers Payment Methods

Some Ingot Brokers payment methods are local and are available only to specific regions. Ingot Brokers account holders should check which payment methods are provided in your region.

• Ingot Brokers accepts Credit cards
• Ingot Brokers accepts Bank Transfer
• Ingot Brokers accepts Neteller
• Ingot Brokers accepts Skrill
• Ingot Brokers accepts Payoneer

How can I start trading with Ingot Brokers?

To open a trading account with Ingot Brokers, individuals can sign up on the Ingot Brokers website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Ingot Brokers account validation and making a deposit. Once completed, Ingot Brokers users can download the trading platform of their choice.

It's important to note that Ingot Brokers requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Ingot Brokers maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Ingot Brokers trading platforms is available on their website.

Losses can exceed deposits

Performing trades with Ingot Brokers

When using Ingot Brokers, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded.

Ingot Brokers, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Ingot Brokers can be useful for traders starting or with limited capital.

Like other brokers, Ingot Brokers margin requirements can differ depending on the traded instrument.

Limit Risk When Trading with Ingot Brokers Stop Loss, Ingot Brokers Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as Ingot Brokers . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for Ingot Brokers traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an Ingot Brokers trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide Ingot Brokers traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with Ingot Brokers, you must actively monitor your live trading portfolio and financial exposure on Ingot Brokers.

Education Resources at Ingot Brokers

To trade effectively with Ingot Brokers, it's important to have a good understanding of the Ingot Brokers trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Ingot Brokers and externally.

Ingot Brokers . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Ingot Brokers. Familiarizing yourself with the Ingot Brokers trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Ingot Brokers. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Ingot Brokers involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Ingot Brokers, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Ingot Brokers. Explore the Ingot Brokers platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Ingot Brokers, before live trading.

Customer Support at Ingot Brokers

As part of our Ingot Brokers review, we review customer service options, response times and problem resolution effectiveness on the Ingot Brokers trading platform. The Ingot Brokers trading platform supports multiple languages, which includes English, Arabic, and Chinese.

Ingot Brokers Available Support Types

Based on our experience, we have given Ingot Brokers a D grade for customer support. We encountered some slow response times or Ingot Brokers queries that were left unanswered.

Compared to other brokers, Ingot Brokers offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Ingot Brokers

Our team tested the live chat support of Ingot Brokers and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.

In addition, we tested Ingot Brokers support services in various countries and languages and found that Ingot Brokers were able to effectively resolve our customer issues.

Email Support at Ingot Brokers

Ingot Brokers does not offer Email Support.

Phone Support at Ingot Brokers

We contacted Ingot Brokers via phone and received quick assistance within 10 minutes of our call.

The Ingot Brokers phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Ingot Brokers and found that they could assist us in various languages.

While we found the Ingot Brokers phone support satisfactory, there is room for improvement in response time.

See how Ingot Brokers Support Compares Against Other Brokers

What you will need to open an account with Ingot Brokers

As Ingot Brokers is regulated by Australian Securities and Investments Commission (ASIC).

As a new client of Ingot Brokers, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Ingot Brokers in your region. During the Ingot Brokers account opening process, you will be asked to provide Ingot Brokers with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Ingot Brokers have the following documents available.

• Ingot Brokers require a scanned colour copy of your passport, driver's license or national ID card.
• A recent utility bill or bank statement that confirms your residential address for Ingot Brokers compliance. This must be dated within the last six months.
• If you plan to fund your Ingot Brokers account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Ingot Brokers platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Ingot Brokers Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Ingot Brokers's platform.

However, remember that you won't be able to make trades on Ingot Brokers until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Ingot Brokers KYC compliance process as soon as possible to avoid any delays in accessing the Ingot Brokers platform's features.

It is important to note that Ingot Brokers may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Ingot Brokers platform and features immediately. However, you must pass the verification process to start live trading with Ingot Brokers, which can take up to a few business days.

To start the process of opening an account with Ingot Brokers you can visit the Ingot Brokers trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.ingotbrokers.com.au/ on April 21, 2024.

Ingot Brokers review written by Andrew Blumer and Mark Hansen