Overall Rating: ★★★☆☆ (3.3/5.0)

Ingot Brokers is a multi-asset brokerage firm established in 2006, offering trading on forex, commodities, shares, indices, and ETFs through the MetaTrader 4 and MetaTrader 5 platforms. Headquartered in Jordan, the broker is regulated by several authorities across Jordan, Seychelles, South Africa, and Australia (as a representative). While Ingot Brokers provides multi-platform flexibility, wide asset coverage, and Islamic accounts, it lacks top-tier regulation in major jurisdictions like the UK or EU and offers less competitive pricing than industry leaders.

This Ingot Brokers review breaks down its regulatory standing, pricing, platform offering, and suitability for traders in 2025.

Key Features

Ingot Brokers is designed for global clients seeking diverse asset access, Islamic trading, and multilingual support.

• Trading Platforms:
  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
  • Mobile and web versions available
• Markets Offered:
  • Forex, shares, ETFs, indices, commodities, and metals
• Account Types:
  • ECN Account, Cent Account, and Islamic Account
• Leverage:
  • Up to 1:500 depending on jurisdiction and client type
• Minimum Deposit:
  • $100 for standard accounts

Regulation and Security

Ingot Brokers operates under multiple regulatory frameworks, but lacks tier-1 oversight from authorities like the FCA or ASIC directly.

• Jordan – Licensed by the Jordan Securities Commission (JSC)
• Seychelles – FSA regulated, Licence No. SD117
• South Africa – Licensed by the FSCA, FSP No. 50547
• Australia – Operates under ASIC via a corporate authorised representative
• Client funds segregated
• Negative balance protection not guaranteed globally
• No investor compensation scheme for offshore clients

Pricing and Costs

Ingot Brokers provides ECN-style accounts, but spreads and commissions vary based on account type and region.

• Spreads:
  • From 1.2 pips on standard accounts
  • Raw spreads on ECN accounts from 0.0 pips
• Commissions:
  • ECN: From $6 per lot round-turn
• Deposit & Withdrawal Fees:
  • No deposit fees
  • Withdrawal fees depend on method
• Inactivity Fee:
  • Charged after 6 months of inactivity

Educational Resources and Customer Support

The broker offers multilingual support and basic educational tools to assist retail traders.

• Education:
  • Blog articles, platform tutorials, and market basics
  • No structured course or advanced webinar series
• Market Analysis:
  • Daily and weekly updates, economic calendar
• Customer Support:
  • 24/5 via live chat, phone, and email
  • Arabic and English supported prominently

Risk Management Tools

Ingot Brokers provides only standard MT4/MT5 risk features without proprietary enhancements.

• Stop-loss, take-profit, and trailing stop orders
• Margin call alerts and leverage limits per jurisdiction
• No guaranteed stop-loss orders (GSLOs)
• No custom risk dashboards or tools for retail clients

Pros and Cons

Pros

• Multi-platform access (MT4 and MT5)
• Wide asset selection including shares, ETFs, and commodities
• Islamic account options available
• Multilingual customer support
• Segregated client funds

Cons

• No direct top-tier regulation (e.g. FCA, ASIC as primary)
• Spreads and commissions not highly competitive
• Limited educational content for beginners
• Inactivity fees apply after 6 months
• No advanced risk tools

Conclusion: Is Ingot Brokers the Right Choice?

Ingot Brokers is a decent choice for traders in the Middle East, Africa, or Asia seeking multi-asset exposure and Islamic trading conditions. Its regulatory reach and platform flexibility make it appealing to a broad client base.

However, lack of tier-1 oversight, non-transparent fees, and basic education may limit its appeal for professional traders. If you prioritise tighter spreads and regulation from authorities like the FCA or ASIC, consider alternatives like Pepperstone, FP Markets, or Admirals.