Ingot Brokers Europe Ltd is a newly licensed CySEC entity (licence granted ~Nov 2025) of the wider INGOT group, which is also regulated by ASIC in Australia and the CMA in Kenya.
| Regulated entity | Ingot Brokers Europe Ltd |
|---|---|
| Regulation | CySEC No. 462/25 + FSA Seychelles No. SD117 |
| Other Tier-1 regulators | ASIC, CMA |
| Founded | 2006 |
| Headquarters | Limassol, Cyprus |
| Minimum deposit | $100 |
| Avg. spread (EUR/USD) | Not independently confirmed |
| Platforms | MT4, MT5 |
| Instruments | 1,000+ instruments across forex, stocks (~1,000), indices (~20), commodities (~15), ETFs (~24), and crypto (15-25), per third-party reviews; could not confirm these figures on Ingot's own site. |
See INGOT Brokers's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Prime (commission-based, lowest spreads), Professional (commission-free, slightly wider spreads), and ECN (raw spreads from 0.0 pips plus roughly $7 round-lot commission), plus demo and Islamic/swap-free accounts. Leverage reported up to 1:400 with 1,000+ CFD instruments on MT4/MT5. |
|---|---|
| Execution model | Not independently confirmed for the Europe entity specifically -- sources found were generic broker-type explainers rather than INGOT-specific disclosures. |
| Withdrawals & deposits | Methods include bank card, bank wire, and PayPal; processing times range from about 15 minutes to 3 business days; minimum withdrawal $5; no withdrawal fee reported. Worth noting: INGOT's CySEC licence was only granted around November 2025 and, per one trade-press report, had yet to start operations as of that reporting -- EU-entity-specific terms may still be provisional. |
| Overnight financing (swap) | Standard overnight swap rates apply per the broker's agreement; Islamic accounts are reported exempt. No specific calculation formula or rate table was found. |
| Currency conversion cost | A currency-conversion fee applies on deposits, withdrawals or transfers made in a currency other than the account's base currency, charged at the broker's prevailing exchange rate -- no specific percentage was found. |
| Inactivity fee | Reported as none -- no inactivity fee, deposit fee, or withdrawal fee, per one independent comparison site. |
| Customer service | Trustpilot rates it 3.8/5 from 53 reviews. Positive commentary highlights localized support and training, particularly in Kenya and Bangladesh with in-person offices; recurring complaints include withdrawal delays (sometimes over a week) and spread widening during low-liquidity Asian-session hours. |
| Mobile experience | One aggregator cites 4.8/5 on iOS and 4.6/5 on Android, but this wasn't independently cross-verified against the live App Store/Google Play listings and may reflect generic MT4/MT5 app ratings rather than an INGOT-specific app -- treat as low-confidence. |
| Educational offering | Assessed by one independent reviewer as a weak point, with educational resources and market research trailing most competitors -- limited to a blog, market news, and a corporate-events calendar. This is in some tension with the customer-service finding above mentioning free monthly training sessions in certain regions; sources aren't fully consistent on this point. |
See how INGOT Brokers's spread cost compares across every researched broker → · Forex broker fees explained
Is INGOT Brokers regulated?
Yes -- CySEC No. 462/25 + FSA Seychelles No. SD117. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if INGOT Brokers fails?
Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
What is the minimum deposit at INGOT Brokers?
Our research confirms a minimum deposit of $100.
What trading platforms does INGOT Brokers offer?
INGOT Brokers offers MT4, MT5.
What is INGOT Brokers's average spread on EUR/USD?
Not independently confirmed in our research -- verify directly with the broker.
When was INGOT Brokers founded?
INGOT Brokers was founded in 2006.
How is INGOT Brokers's overall score calculated?
INGOT Brokers currently scores 3.3/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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