Ingot Forex Broker
Name of the Company | Ingot Brokers S.A |
---|---|
Established In | 2004 |
Online since | 2007 |
International Offices | New Zealand, Switzerland |
Payment Methods | Credit/Debit Cards, Moneybookers, Wire Transfer |
Demo Account and Platforms | Meta Trader 4 |
Account currencies | Euro, Japanese yen, Swiss franc, United States dollar |
Different Currency Pairs | AUD/CAD AUD/CHF AUD/JPY
AUD/NZD AUD/USD CAD/CHF CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/USD NZD/CAD NZD/CHF NZD/JPY NZD/USD USD/CAD USD/CHF USD/JPY USD/TRY |
Regulated or Registered By | FSP New Zealand |
Are US Traders Allowed? | No |
Languages in which website is available | Arabic, Chinese, English, French, Russian, Ukrainian |
Languages in which support is available | Chinese, English, French, Russian |
Different Support Methods | Email, Live Chat, Phone, Web Form |
Types of Account (micro standard executive islamic) | Mini and 100K |
Minimum Deposit in Accounts | $100 |
Minimum position size | 0.1 lot |
Type of Spread | Fixed |
Minimum spread on EUR/USD, pips | 2 |
Types of Trading instruments (GOLD; CFD, etc. and the leverage) | Forex- 1:100 |
Real Trading platforms | Meta Trader 4 |
Digits after the dot in quotes | 4 |
Total Number of Currency Pairs | 28 |
Is Free education Available | Yes |
Is Hedging Allowed | Yes |
Do they have Trailing stop | Yes |
Do they have Pending orders | Yes |
Mobile trading Allowed | Yes |
Automated trading Present | Yes |
Ingot forex broker has its office in the heart of Geneva but operates the working from Switzerland. The company was established in the year 2004 and in order to increase its customer base opened its internet based online trading system only in the year 2007. The company is well known in the forex market as it offers a wide range of service which includes trailing stops, pending orders, mobile trading and automated trading. They also provide educational materials on their website which is available to the customers for free. The company also allows its traders to do hedging. The payments can be made using credit/debit cards, Moneybookers and wire transfers. The traders can have in their accounts Euro, Japanese Yen, Swiss Franc and United States Dollar as the currency. The most important feature of a forex broker is that it should be regulated and Ingot Forex is regulated by FSP in New Zealand. They do not allow traders from United States to trade from their account. Their website has all the details about the company and is explained in detail. It is available in 6 languages and the customer support service is available in 4 languages.
The demo account as well as the real trading accounts has Meta Trader 4 as the trading account. The MT4 is the most renowned and used trading platform in the forex market. It is loaded with several features which help the trader make successful trades. The different account types offered by the company are mini and 100k accounts and the minimum deposit required to open an account with them is $100. They have a fixed spread and hence the trader knows the cost of the trade before placing the order. They have 28 currency pairs in which trading can be done and it includes all the major pairs.
Reading reviews about a company and its products and service has become the most trusted way of finding about a company. The reviews for Ingot forex are very positive and have many features which is liked by the traders. The most liked feature of the company is that their website is highly informative and that it is available in many languages. Their customer support service is also liked by many traders as it is available in many languages and also the service is very prompt and responsive. The staffs have been trained well to handle all the trade related issues efficiently and are also very friendly. The minimum deposit required to open an account with them is only $100. The payment options are very limited and are a concern for many traders, however, most of them find the service to be easy and hassle free. Many traders like their mobile trading service as it allows them to do the trade even when they are travelling. Most of the reviews about the company are very positive and the average rating given to them by its users is 6.2 out of 10 which in itself speaks about the company’s performance.