Ingot Brokers Review 2026
The full Ingot Brokers write-up for Kenya traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Kenya
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD052 |
| Regulated Entity | Ingot Brokers Group Ltd |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 1 pips |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Cooks under FSA (licence SD052). Cover charge $100. In Kenya, forex leverage is capped at 1:500.
About Ingot Brokers
Ingot Brokers opened its doors in 2006 out of a kitchen in Sydney, Australia. Its menu runs to 300 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Ingot Brokers Group Ltd under FSA.
In Kenya, Ingot Brokers serves as Ingot Brokers Group Ltd, cleared by FSA under licence number SD052. Under FSA house rules, Kenya traders are poured no more than 1:500 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD052
- 300+ instruments to trade
- Negative balance protection in Kenya
- Platforms: MT4, MT5
- Founded in 2006 (20 years operating)
- Headquartered in Sydney, Australia
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Ingot Brokers regulated?
Yes. Ingot Brokers is authorised by FSA, issued to the entity Ingot Brokers Group Ltd, an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for Ingot Brokers in Kenya?
The cover charge is $100, the smallest amount Kenya traders need to open a live account with Ingot Brokers under FSA rules.
What leverage does Ingot Brokers offer in Kenya?
In Kenya, FSA rules cap Ingot Brokers at 1:500 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Ingot Brokers safe to trade with?
The kitchen passes inspection: Ingot Brokers cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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