INGOT

About company:

 

INGOT Brokers is one of the most reputable brokers that provide online trading services. The company provides its clients with access to the foreign exchange market and the ability to trade stock indices, including NASDAQ, Dow Jones and S&P 500, as well as precious metals, futures, CFDs, commodities (gas, crude oil) on major world exchanges.

 

INGOT Brokers head office is located in Sydney, there are also representative offices in New Zealand, Switzerland, Bahrain. The company conducts transactions worth billions of US dollars every month.

 

Safety

The broker is regulated by the Australian Securities and Investments Commission ASIC (AFSL 428015).

 

ASICs require licensed companies to meet specific requirements and comply with established rules. For example, clients' money must be held in segregated accounts and Australian Forex brokers must have at least $ 1 million in their account.

 

However, unlike European brokers, Australian companies are not required to join the Investor Compensation Fund. Despite the ASIC regulation, we advise you to read the reviews about the company in our rating before starting trading with INGOT Brokers.

 

Trading conditions

A single account is provided for trading. With a minimum deposit of $ 1,000, the client can use the leverage up to 1: 100. The spreads are fixed, the average for the EUR / USD pair is 2 pips. The broker earns from the spread and does not charge additional commissions. The maximum leverage that a trader can use is 1: 100. Many dealing centers offer significantly higher leverage, which gives traders the ability to trade with small deposits.

 

The broker's clients are provided with access to the stock markets of MENA countries (Maghreb and Middle East countries) - Dubai Financial Market, Saudi Stock Exchange, Egyptian Stock Market.

 

Trading platform

The broker supports the industry standard MetaTrader4 (MT4) trading platform. It is available from the browser window as an application on PC and mobile devices. MT4 is the choice of thousands of traders around the world for its advanced charting suite, analytical tools, a wide range of experts (EAs) and extensive testing environment. Expert Advisors allow you to fully automate trading, giving the trader more free time.

 

INGOT Brokers also cooperates with the ZuluTrade service, which allows a more successful trader to copy trades or act as a signal source. The service works in the two most popular areas of financial trading - the Forex market and the binary options market.

 

Analytics and training

The website regularly publishes analytical reports of the Asian, European and MENA markets. They contain major news and daily price monitoring. For beginners, the company's specialists specially recorded video tutorials that tell how to work with the terminal or open an account with a broker. All analytical information and glossary are presented in English.

 

Support service

The support service works through live chat on the website, by phone and via Skype. Managers communicate in English, French, German, Russian and Arabic. The broker has accounts on many social networks, which allows traders to follow news and updates in the most convenient format.

 

Ways of payment

INGOT Brokers offers its clients several ways to deposit / withdraw funds: bank transfers, electronic payment systems Neteller, WebMoney, FasaPay, PerfectMoney, Payeer, OKPAY, AliPay, EPay and Skrill.

 

Pros:

 

regulated broker; provides access to the stock markets of MENA countries; MT4 terminal is available.

 

Minuses:

 

limited selection of trading accounts; high down payment; small leverage; scalping is prohibited.