Is Ingot Brokers a Scam or Legit?

Not a Scam

Ingot Brokers passes the kitchen inspection. Its licence is public and easy to check.

Ingot Brokers cooks under ASIC licence 439754, issued to Ingot Brokers Pty Ltd, and that entry sits right there in the ASIC public register. It has kept the doors open since 2006, 20 years on the line. Scam kitchens do not hold a regulated licence year after year; they close and vanish.

The ASIC paperwork

RegulatorASIC
Licence number439754 ✓
Registered entityIngot Brokers Pty Ltd
StatusAuthorised
Registerasic.gov.au
Years regulated20+

What the ASIC seal buys you

ASIC-regulated brokers must maintain segregated client funds, meet strict capital requirements, and comply with Australian financial services law. Australia does not have a government-backed compensation scheme like the FSCS, but ASIC enforces high conduct standards.

Every licence on the wall

Ingot Brokers keeps 3 regulatory licences pinned up across different jurisdictions. Which one serves your table comes down to where you live.

RegulatorLicenceEntityMax leverage
ASIC439754Ingot Brokers Pty Ltd1:30 max
DFSAF004885Ingot Brokers Ltd1:400 max
FSASD052Ingot Brokers Group Ltd1:500 max

Inspect the kitchen yourself

Open asic.gov.au and type in licence number 439754, or search the entity name Ingot Brokers Pty Ltd. A proper listing shows you the entity, its authorisation status, and exactly which regulated activities it is cleared to serve.

The whole check takes under a minute. When a broker is nowhere to be found on its regulator's register, treat that as a spoiled dish and walk away, every legitimate, regulated firm shows up there.

The usual complaints, and what they really mean

Most complaints about Ingot Brokers fall into standard categories: withdrawal processing times, spread widening during news events, and account verification requests. These are normal business practices, not indicators of fraud.

None of that is fraud. It is the ordinary grumbling any busy kitchen gets when it holds firm on its own terms. A genuine forex scam runs with no licence at all, blocks every withdrawal, and disappears with the money on the table. That is simply not how Ingot Brokers operates.

The red flags of a kitchen you should never eat at

Whatever broker you are weighing up, these are the signs of a rotten kitchen to walk out of:

  • No licence number on show, or one that turns up nowhere on the official register
  • Being pushed to deposit more before they will let you cash out
  • Promises of guaranteed returns or "risk-free" trading, nobody serves that dish
  • A platform that only ever plates profits and never a loss
  • No real address and no way to contact a human
  • A licence from a regulator nobody has heard of, with no official website behind it

Not one of these fits Ingot Brokers. Its ASIC licence 439754 is out in the open, it names its offices in Sydney, Australia, and it has been serving without a break since 2006.

Frequently asked questions

Is Ingot Brokers safe to deposit money with?

Ingot Brokers cooks under ASIC oversight, and your money sits in its own segregated pot. ASIC insists on segregated client funds and strict capital on the books. None of this makes trading itself risk-free, but it walls your deposit off if the broker ever goes under.

Why do people ask if Ingot Brokers is a scam?

Most "scam" searches come from traders who lost money, not from anyone who was cheated. CFDs are a hot stove, 68% of Ingot Brokers retail clients burn their fingers. Getting burned on a legitimate platform does not turn it into a scam. Scams block every payout and disappear; Ingot Brokers has paid out withdrawals for 20 years running.

Is Ingot Brokers regulated in my country?

The kitchen holds licences reaching 41 countries across 3 jurisdictions. Which entity seats your account depends on where you are; the licence table above shows exactly which one covers your region.

What happens to my money if Ingot Brokers goes bankrupt?

A ASIC-regulated broker must keep client cash in segregated bank accounts, walled off entirely from its own operating money. That means your deposit cannot be handed to the broker's creditors if the business fails.

68% of retail investor accounts lose money when trading CFDs with Ingot Brokers. Regulation does not eliminate trading risk. Only trade with money you can afford to lose.