INGOT Brokers (Australia) Pty Ltd, INGOT Broker Limited
Founded in 2004
Online since 2007
Australian Securities and Investments Commission (Australia)
When it comes to the world of online trading, there are countless brokers vying for your funds and pledging to provide the best trading amenities. Today, we're casting our expert spotlight on Ingot Brokers - a renowned industry player that's been in the game for quite some time now.
INGOT Brokers is an established broker with a solid reputation in the financial market, with roots dating back to 2004. The credibility of this company continues to grow in leaps and bounds, with its venture into the online realm since 2007. Comprised by INGOT Brokers (Australia) Pty Ltd and INGOT Brokers Limited, the company demonstrates a robust backend and strong adherence to strict regulatory norms.
Getting started with Ingot Brokers is a fairly straightforward process. Aided by the enticingly low minimum account size requirement of just $100, it allows novices to dip a toe without an overbearing investment, and experienced traders can dive right in without hesitation.
Ingot Brokers more than manages to strike a balance with its trading stipulations. The broker maintains a minimum position size of an appealing 0.01. This encourages a broader trading activity range - from cautious traders operating at lower thresholds, to high-flyers acquiring a larger position.
In terms of spreads, Ingot Brokers has managed to secure low values, which in practice means lower costs for traders. This undoubtedly enhances the potential return on investments, making it a trader-friendly option.
One of the outstanding qualities of Ingot Brokers is their commitment to serious regulation - a key factor as traders scrutinizing a potential broker's reliability and credibility. A broker that willingly aligns with regulatory requirements underlines their commitment to operating transparency and industry best practices.
However, one drawback for our stateside traders is that Ingot Brokers doesn't currently permit US Traders. This is an element to consider for international traders or those considering venturing onto the global trading stage.
Ingot Brokers also provides an impressive maximum leverage, making them a captivating option for traders leaning towards aggressive strategies and high volume trades.
Scoring an impressive average rating, Ingot Brokers have clearly showcased their mettle in the trading realm.
In summary, Ingot Brokers stands tall as an admirable option for a wide range of traders. The broker champions pliability, catering to the various risk appetites, and capably balancing access to affordability with potential profitability.
Regulation adherence further amplifies their credibility, enhancing the all-round trading experience whilst ensuring peace of mind. However, the broker leaves room for broadening its scope to incorporate US traders to become a fully global platform. Notwithstanding, Ingot Brokers still offers an unrivalled trading venture that both novice and seasoned traders can appreciate.