Legal company nameINGOT AU Pty Ltd · INGOT SC Ltd · INGOT KE Ltd · INGOT Brokers Europe Ltd
Year founded—
Headquarters / registered countrySydney, Australia
Websitewww.ingot.io
Last checked09.10.2026
According to its official website, INGOT (INGOT Brokers) is a multinational broker group founded by Iman Mutlaq that offers forex and CFD trading under the slogan "Get in. Get more." The site is operated by different entities by region: in Australia, Sydney-based INGOT AU Pty Ltd holds an AFS licence from ASIC (AFSL 428015); international clients are served by INGOT SC Ltd, which states it holds a Securities Dealer licence (SD117) from the Seychelles FSA, Kenya by INGOT KE Ltd, which states it holds a forex broker licence (173) from the CMA, and Europe by CySEC-licensed (462/25) INGOT Brokers Europe Ltd. In Australia the minimum deposit for the EVO and Standard accounts is 100 $ and retail leverage on major currency pairs is 1:30; with the Seychelles entity the EVO account starts at 10 USD and leverage goes up to 1:5000. Currency, stock, ETF, index, metal, energy and agricultural commodity CFDs are offered via MetaTrader 4, MetaTrader 5 and the INGOT mobile and web apps; the site says no commissions, deposit or withdrawal fees are charged. This information is the company's own statement.
Account Details
ACCOUNT TYPESEVO · Standard
MIN. DEPOSIT10 USD (EVO account; 100 $ in Australia)
PLATFORMSMetaTrader 4 · MetaTrader 5 · INGOT mobile and web app · INGOT Copy Trader
PRODUCTSCurrency, stock, ETF, index, metal, energy and agricultural commodity CFDs · Cryptocurrency CFDs (Seychelles entity)
LEVERAGEUp to 1:5000
Licences and regulation
ASIC (Australia)
Licence no.AFSL 428015
Licence holderINGOT AU PTY LTD
ScopeAFS licence held since 24 Jan 2013. According to ASIC's record, authorised to give general advice on, deal in and make a market in derivatives and foreign exchange contracts, and to give general advice on and arrange non-cash payment products, for retail and wholesale clients.
StatusVerified
CySEC (Republic of Cyprus)
Licence no.462/25
Licence holderIngot Brokers Europe Ltd
ScopeThe CySEC register lists investment firm licence 462/25 under Ingot Brokers Europe Ltd; licence date 10 Nov 2025, company registration no HE 447725.
StatusVerified
FSA (Seychelles)
Licence no.SD117
Licence holderINGOT SC Ltd
ScopeThe company states that INGOT SC Ltd (also named INGOT Global Ltd on its licence page) is licensed by the Seychelles FSA as a Securities Dealer (SD117). The record could not be verified because the FSA register could not be read.
StatusPending verification
CMA (Kenya)
Licence no.173
Licence holderINGOT KE Ltd
ScopeThe company states that INGOT KE Ltd is licensed by the Capital Markets Authority of Kenya (CMA) as a Non-Dealing Online Foreign Exchange Broker (173). The record could not be verified because the CMA register could not be read.
StatusPending verification
User complaints
User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.
Period reviewed: October 2018 – October 2026
Withdrawal / payment: 15
Account / trading conditions: 6
Other: 5
Bonus / promotion: 1
MEDIUM — COMPLAINT LEVEL
55% of institutions with complaint records received more complaints than this one.
BY TOPIC — Withdrawal / payment: Medium · Account / trading conditions: Low · Other: High · Bonus / promotion: Very high
The complaint distribution is based on the 1-star reviews on INGOT's Trustpilot page (19) and WikiFX (8) records as of 9 October 2026; one person's reviews count once, and records about fake sites and third parties using the INGOT name are left out. Across the complaints, withdrawal requests rejected or delayed after profitable trades, allegations that balances were withheld in closed accounts, and swap fees and spreads stand out.
Sources and verification history
Official company sourcesingot.io — Australia (AU), Seychelles (SC) and Kenya (KE) versions: homepage, About Us, Account Types, Licenses & Regulation pages and footer (legal information); ingotbrokers.eu homepage
Regulator recordsASIC — INGOT AU PTY LTD, AFSL 428015 (AFS licensee dataset, data.gov.au, 7 Oct 2026) · CySEC — Ingot Brokers Europe Ltd, licence 462/25 (cysec.gov.cy)
Company registerABN 87 159 895 431 (ABN Lookup)
User feedback sourcesTrustpilot · Şikayetvar · WikiFX