Ingot Brokers Review for 2019

Ingot Brokers Rated 4/5

Ingot Brokers Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Ingot Brokers we break down the pros and cons. What Ingot Brokers are able to offer, what countries Ingot Brokers are available in. Who Ingot Brokers are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Open Ingot Brokers's Website

As with any investment your capital is at risk, losses can exceed deposits.

At the bottom of this review you can also learn about some pretty good alternatives to Ingot Brokers

With this review we hope to help you see if Ingot Brokers is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Ingot Brokers that will help you get off to a good start in the world of online trading.

Ingot Brokers what you should know

Ingot Brokers offer one way to trade: Forex.

With Ingot Brokers you will need a minimum deposit of $1000. You can sign up for a demo account to acquaint yourself with Ingot Brokers platform.

Ingot Brokers are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Ingot Brokers safe?

When choosing a broker like Ingot Brokers the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2004, and in operation for 15 years Ingot Brokers have a head office in Australia.

Ingot Brokers is regulated. This means Ingot Brokers are supervised by and is checked for conduct by the ASiC regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Ingot Brokers, this will be honored. If Ingot Brokers violate any regulatory rules their regulated status could be stripped.

Any payments funded to Ingot Brokers accounts by traders are held in a segregated bank account.

For added security Ingot Brokers use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Ingot Brokers. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Ingot Brokers

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in 2004
  • Regulated by ASiC
  • Min. deposit from $1000

What we don't like

Ingot Brokers General Fees

  • Ingot Brokers doesn't charge withdrawal fees
  • Ingot Brokers doesn't charge inactivity fees

Ingot Brokers Commissions

  • Ingot Brokers doesn't charge commission on CFD shares

What can you trade with Ingot Brokers?

You can trade a wide variety of instruments with Ingot Brokers over 100 instruments infact.

If you are looking at trading currency pairs Ingot Brokers offer over 40 currency pairs.

Compare Ingot Brokers with Interactive Brokers and XTB below.

FX / Currencies Ingot Brokers IB XTB
# of forex pairs offered 40 10 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies Yes No Yes
Commodity CFDs Ingot Brokers Interactive Brokers XTB
# of commodities offered 0 0
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs Ingot Brokers Interactive Brokers XTB
# of Stocks offered 200 1500
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
Ingot Brokers's
Instruments
IB's
Instruments
XTB's
Instruments

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, making it easier to keep an eye on and execute your trades while you’re on the move.

See Ingot Brokers's platforms

Ingot Brokers Trading benefits :

  • Allows hedging

Ingot Brokers Trading Accounts offered:

  • Demo account
  • Standard account
  • Managed account

Can I try Ingot Brokers before I buy?

Ingot Brokers offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do Ingot Brokers accept?

Ingot Brokers offer the below funding payment methods. learn more about Ingot Brokers

  • Credit cards
  • Bank Transfer
  • Skrill
  • Payoneer
  • Neteller

How can I start trading with Ingot Brokers?

When opening a trading account with Ingot Brokers, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Ingot Brokers trading platforms here.

Performing trades with Ingot Brokers

Ingot Brokers allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

As a market maker, Ingot Brokers may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Ingot Brokers offer margin up to 0.01% on currencies.

Support at Ingot Brokers

Ingot Brokers support a wide range of languages including English, Arabic, and Chinese

What you will need to open an account with Ingot Brokers

As Ingot Brokers is regulated by ASiC, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Ingot Brokers's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Ingot Brokers you can visit their website here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://www.ingotbrokers.com.au/ on 12th August 2018.

INGOT BROKERS Frequently Asked Questions

Can I try Ingot Brokers before I buy?

Ingot Brokers offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Ingot Brokers accept?

Ingot Brokers offer the below funding payment methods accept Credit cards, Bank Transfers, Skrill, Payoneer, Neteller, among other payment methods. Learn more here

How can I start trading with Ingot Brokers?

When opening a trading account with Ingot Brokers, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Ingot Brokers trading platforms here.

Is my money safe with Ingot Brokers?

Ingot Brokers is regulated by ASiC. One of the most important criteria for traders when choosing a broker like Ingot Brokers is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Ingot Brokers, this will be honored. If they violate any regulatory rules their regulated status can be stripped.