Is Ingot Brokers a Scam? Regulation Check 2026
We checked Ingot Brokers's licence in the official FSA register. Here is what the public records say.
Verdict
Ingot Brokers is NOT a scam. It holds FSA licence SD052, authorising it to offer trading services in Nigeria.
How to verify on the official register
| Regulator | FSA FSA Seychelles Financial Services Authority (FSA) |
| Licence Number | SD052 |
| Regulated Entity | Ingot Brokers Group Ltd |
| Founded | 2006 |
What FSA regulation means
FSA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSA directly.
What FSA regulation means for your money
- Client funds held in segregated bank accounts, separate from Ingot Brokers's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with FSA if Ingot Brokers fails to resolve your issue
- Ingot Brokers submits to regular independent financial audits under FSA oversight
Frequently Asked Questions
Is Ingot Brokers a scam or legitimate?
Ingot Brokers is NOT a scam. It holds FSA licence number SD052. FSA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSA official register.
How do I check Ingot Brokers's FSA licence?
Go to the official FSA website and use the public register search. Search for licence number SD052 or the entity name. The record will confirm Ingot Brokers's authorisation status and the scope of its permissions.
Are my funds safe with Ingot Brokers?
As an FSA-regulated broker, Ingot Brokers must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Ingot Brokers encounters financial difficulties.
What protection do I have as a Ingot Brokers client in Nigeria?
In Nigeria, Ingot Brokers operates under FSA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FSA.
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