Ingot Brokers Review 2026
Regulated broker with real licence numbers.
Ingot Brokers is a regulated CFD broker founded in 2006. It holds a ASIC licence under number 439754.
The basics
Ingot Brokers was founded in 2006 and is headquartered in Sydney, Australia. It is privately owned. The broker offers CFDs on 300 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading is not offered.
| Founded | 2006 |
| Headquarters | Sydney, Australia |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | No |
| Real stocks | No — CFDs only |
Is Ingot Brokers safe?
ASIC-regulated brokers must maintain segregated client funds, meet strict capital requirements, and comply with Australian financial services law. Australia does not have a government-backed compensation scheme like the FSCS, but ASIC enforces high conduct standards.
| Regulator | Licence | Entity |
|---|---|---|
| ASIC | 439754 ✓ | Ingot Brokers Pty Ltd |
| DFSA | F004885 ✓ | Ingot Brokers Ltd |
| FSA | SD052 ✓ | Ingot Brokers Group Ltd |
You can verify the ASIC licence at asic.gov.au. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
Ingot Brokers spreads
These are the typical spreads on Ingot Brokers's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | 1 pips pips |
| GBP/USD | 1.3 pips pips |
| USD/JPY | 1.1 pips pips |
| Gold (XAU/USD) | 25c/oz |
| S&P 500 | 0.5pt |
Ingot Brokers's EUR/USD spread of 1 pips pips is competitive for a retail broker without a per-trade commission.
Ingot Brokers withdrawal fee and processing time
Fee: None. Ingot Brokers does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
Ingot Brokers minimum deposit by entity
The minimum deposit depends on which Ingot Brokers entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| Ingot Brokers Pty Ltd | ASIC 439754 | $100 | 1:30 |
| Ingot Brokers Ltd | DFSA F004885 | $100 | 1:400 |
| Ingot Brokers Group Ltd | FSA SD052 | $100 | 1:500 |
Ingot Brokers vs eToro
| Ingot Brokers | eToro | |
|---|---|---|
| Primary regulator | ASIC 439754 | FCA 583263 |
| Min deposit | $100 | $50 |
| EUR/USD spread | 1 pips pips | 1.0 pips |
| MetaTrader | Yes | No |
| Instruments | 300+ | 3,000+ |
| Copy trading | No | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both brokers are regulated and legitimate. Ingot Brokers suits traders who value MetaTrader and algorithmic trading. eToro is better for traders who prioritise its specific regulated entity coverage.
Regulation — the numbers that matter
| ASIC | 439754 — Ingot Brokers Pty Ltd |
| DFSA | F004885 — Ingot Brokers Ltd |
| FSA | SD052 — Ingot Brokers Group Ltd |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules. The offshore entity offers up to 1:500, but with lighter regulatory protection.
Pros and Cons
What works
- ASIC regulated — Ingot Brokers Pty Ltd
- MetaTrader 4 and 5 available
- No inactivity fee
- Regulated in 3 jurisdictions
What does not work
- No copy trading
- No real stock ownership — CFDs only
- High leverage only via offshore entity
The verdict
Ingot Brokers is a legitimate, regulated broker. The ASIC licence number 439754 is verifiable on the public register. It is best suited for traders who want MetaTrader on a regulated platform. Rating: 4.0 out of 5.
Alternatives to Ingot Brokers
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Frequently asked questions
Is Ingot Brokers safe?
ASIC-regulated brokers must maintain segregated client funds, meet strict capital requirements, and comply with Australian financial services law. Ingot Brokers holds ASIC licence 439754, which is publicly verifiable on the official register.
What is the Ingot Brokers minimum deposit?
The minimum deposit is $100. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the Ingot Brokers EUR/USD spread?
The EUR/USD spread on Ingot Brokers standard accounts is typically 1 pips pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does Ingot Brokers take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Ingot Brokers charge withdrawal fees?
None. Ingot Brokers does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Ingot Brokers have MetaTrader?
Yes. Ingot Brokers supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.