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INGOT Brokers is one of the well-established brokers which provide services of Internet trading. Clients can invest in different financial assets such as currency pairs, CFDs on metals (gold, silver, copper), stock indices, and futures. Besides, clients’ portfolios can include energy commodities like gas and oil available with the broker.
The company provides its clients with access to stock markets in the MENA area (the Middle East and North Africa), in particular the Dubai Financial Market, the Saudi Stock Exchange, and the Egyptian Stock Exchange.
The brokerage company is regulated by the Australian Securities and Investments Commission with AFSL license number 428015. Apart from Sydney-based head office, INGOT Brokers has regional offices in New Zealand, Switzerland, and Bahrain. The company’s turnover is measured by billions of dollars per month. The broker serves both retail traders and institutional investors.
Clients can trade on the MetaTrader 4 platform round the clock five days a week, from Sunday 22:00 GMT until Friday 22:15 GMT. Within a framework of cooperation with ZuluTrade, INGOT Brokers allows automated trading on Forex.
With the minimum deposit of $1,000, a client can use leverage up to 1:100. The broker offers fixed spreads. An average spread for EUR/USD is 2 pips.
The broker posts regular market reviews of Asian, European, and MENA financial markets. Such reviews contain important news and daily market quotes. For forex beginners, the team prepared video tutorials that teach traders how to operate a trading platform and open an account with the broker. All analytical articles and the glossary are presented in English.
The company guarantees safety of clients’ funds which are stored in segregated accounts in the leading global banks.
The customer support service is available via a live chart, phone, and Skype. The broker has profiles in numerous social networks which enable traders to follow news and updates in the most convenient way.
INGOT Brokers is not a good broker. Their slippage has hurt my trading and means that I have to recalculate my stop loss and take profit points each time I trade. This is completely against my trading plan. They had been a huge waste of my time and money. The broker first deposit is also not that affordable, especially for the beginner trader.
INGOT Brokers is not a good broker. Their slippage has hurt my trading and means that I have to recalculate my stop loss and take profit points each time I trade. This is completely against my trading plan. They had been a huge waste of my time and money. The broker first deposit is also not that affordable, especially for the beginner trader.
I am using my Neteller account to fund my trading account at INGOT Brokers. This broker is very reliable. They provide favorable trading conditions and they make sure to communicate with their clients regularly. This made me feel secured and it made the whole experience a lot better.
My trading experience with INGOT is really disappointed. When the market starts to move, and I try to enter a trade, I get locked out until the market stops moving. They have cost me a lot of money. Another problem is that they will do a margin call and close a trade even though you're not even close to using the limit. They've closed trades I would have made good money on otherwise. Don't use them before they steal your money as they stole mine.
I am comfortable trading on Ingot's platform so far. As my deal can be executed in a moment at a live price quote with a fixed spread. Also, I have seen that Ingot broker has regulation from ASIC and I am comfortable with their professional service. Ingot Brokers doesn't delay my payments, so I have satisfied with their reliable payment service. overall Ingot broker is cool.