INGOT Brokers charges a minimum deposit amount of 100 USD. The minimum deposit of 100 USD is equivalent to 1 600 ZAR at the current exchange rate between the US Dollar and the South African rand, at the time of writing.
INGOT Brokers at a glance
🔍 Brokers Name | INGOT Brokers |
📍 Headquartered | Saint Vincent and the Grenadines, Australia |
📅 Year Founded | 2006 |
🏛 Regulating Authorities | SVG Financial Services Authority the Australian Securities and Investment Commission (ASIC) |
🌐 Countries not accepted for trade | United States |
☪️️ Islamic Account (Swap Free) | Yes |
📒 Demo Account | Yes |
💻 Institutional Accounts | Yes |
💻 Managed Accounts | No |
📊 Maximum Leverage | 1:500 |
💳 Minimum Deposit | $100 USD |
ZAR | R1 600 ZAR |
💳 Deposit/ Withdrawal Options | Bank Wire Transfer Skrill Neteller Bitcoin Wallet Ethereum Wallet Credit/Debit Card |
💻 Platform Types | MetaTrader 4 and MetaTrader 5 |
📲 OS Compatibility | Windows, Linux, MacOS, Android, iOS |
📊 Tradable Assets | Commodities Stocks Indices ETFs Forex Cryptocurrencies |
🌐 Languages supported | Multilingual |
☎ Customer Service Hours | 24 hours a day /6 days a week |
Min Deposit
USD 100
Regulators
SVG FSA, ASIC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
INGOT Minimum Deposit Revealed – A Key 9 Point Quick Overview
- ✅INGOT Brokers at a glance
- ✅INGOT Brokers Overview
- ✅INGOT Brokers Minimum Deposit
- INGOT Brokers Deposit fees and deposit methods
- Step by step guide to depositing the INGOT Brokers minimum amount
- INGOT Brokers Pros and Cons
- INGOT Brokers Customer Reviews
- Final Thoughts
- Frequently Asked Questions
INGOT Brokers Overview
INGOT Brokers was established in 2006 and is based in Saint Vincent, Grenadines, and Australia. INGOT Brokers has over 15 years of experience in the various financial markets, offering traders from around the world endless trading opportunities on one innovative platform.
INGOT Brokers is known for offering the trade-in of more than 1 000 financial instruments spread across several asset classes. These can be traded through the advanced, user-friendly, and sophisticated MetaTrader 4 and MetaTrader 5 trading platforms.
In addition, when trading with INGOT Brokers, traders are given access to a variety of educational material, trading tools, and a dedicated and professional customer support team. Traders also have a choice between dynamic account types, each tailormade to suit the needs of different traders.
INGOT Brokers Minimum Deposit
INGOT Brokers charges a minimum deposit amount of 100 USD. The minimum deposit of 100 USD is equivalent to 1 600 ZAR at the current exchange rate between the US Dollar and the South African rand, at the time of writing.
🌐 ECN Account | 🌐 Professional Account | 🌐 Prime Account | 🌐 Booster Account | |
💳 Minimum Deposit | $100 | $100 | $25 000 | $100 |
ZAR | R1 600 ZAR | R1 600 ZAR | R400 000 ZAR | R1 600 ZAR |
INGOT Brokers is authorized and regulated by the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) and the Australian Securities and Investment Commission (ASIC) with an Australian Financial Services License (AFSL).
According to the requirements of these regulatory entities, INGOT Brokers must keep client funds in segregated accounts with top-tier banks, separate from the broker account. This ensures that funds are not used towards operational activities but only towards trading.
INGOT Brokers Deposit fees and deposit methods
INGOT Brokers charges deposit fees on Bitcoin and Ethereum Wallets to the value of 1% of the transaction. The deposit methods that traders can use to pay their minimum deposit amount are as follows:
💳 Bank Wire Transfer | 💳 Bitcoin Wallet |
💳 Skrill | 💳 Ethereum Wallet |
💳 Neteller | 💳 Credit/Debit Card |
Traders can use any of the following deposit currencies when they make a deposit into their trading account:
▶ USD |
▶ EUR |
▶ GBP |
▶ AUD |
▶ ZAR |
When making a deposit, traders must ensure that the account that they use reflects the name in which they registered their live trading account. This is because INGOT Brokers does not allow third-party payments due to AML procedures and policies.
Step by step guide to depositing the INGOT Brokers minimum amount
🟢 Step 1 – To fund their trading account, traders must first apply for a live trading account. Once the account has been approved and the trader’s information has been verified, traders can log into their trading account.
🟢 Step 2 – From here, traders can access the option to make a deposit, enter the amount they wish to deposit, their deposit currency, and choose their preferred deposit method. Once this is complete, traders may have to follow additional steps to confirm their deposit.
🟢 Step 3 – Traders must note that the processing time for deposits will depend on the deposit method that is used.
INGOT Brokers Pros and Cons
✔ PROS | ❌ CONS |
Reliable payment methods offered | Deposit fees charged |
Segregation of client funds | Limited deposit currencies |
Strict regulation |
INGOT Brokers Customer Reviews
Good customer support
INGOT Brokers gives the best support service so far. I feel very fortunate to be part of a Multilingual broker – Bob
Great account offerings…
Great website with service offerings, good detail on live/trading options.. – Eunice
Affiliate and IB program on the website – Check it out
I enjoy the opportunities to earn an income through IB and White label programs offered by forex brokers – Dominique
Final Thoughts
Overall, INGOT Brokers has a good track record of providing innovative tools and market instruments to traders worldwide. It is well-known for its ultra-fast order execution while delivering competitive spreads and commission. The company’s wide selection of account types is impressive with so many benefits and features to choose from.
As INGOT Brokers is regulated by the Australian Securities and Investment Commission and complies with certain rules and regulations, it is safe to say that this broker would be a great choice for traders of all experience levels and trading styles.
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Min Deposit
USD 100
Regulators
SVG FSA, ASIC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Frequently Asked Questions
What is the minimum deposit for INGOT Brokers?
The minimum deposit for INGOT Brokers is 100 USD (160 ZAR).
What are the deposit methods for INGOT Brokers?
- Bank Wire Transfer
- Skrill
- Neteller
- Bitcoin Wallet
- Ethereum Wallet
- Credit/Debit Card
Does INGOT Brokers charge withdrawal fees?
Yes, INGOT Brokers charges a 1% withdrawal fee when traders use either their Bitcoin or Ethereum Wallets to withdraw funds.
How long does a withdrawal from INGOT Brokers take?
This will depend on the withdrawal method that the trader uses. According to the INGOT Brokers website, the processing times for withdrawals are as follows:
- Bank Wire Transfer – 1 to 5 business days
- Skrill – 1 to 2 business days
- Neteller – 1 to 2 business days
- Bitcoin Wallet – 1 to 24 hours
- Ethereum Wallet – 1 to 24 hours
- Credit/Debit Card – 1 to 24 hours
Does INGOT Brokers accept Paypal?
INGOT Brokers does not accept paypal.
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