Ingot Brokers MENA Ltd. review explores a regulated multi-asset brokerage offering tailored trading solutions for clients across the Middle East and North Africa. Known for its comprehensive asset coverage and multilingual support, Ingot Brokers MENA combines regional expertise with global platforms, making it a popular choice for both novice and experienced traders in the GCC region.

Regulation and Safety

Ingot Brokers MENA Ltd. is regulated by the Jordan Securities Commission (JSC) under license number 514905411. The broker adheres to strict compliance standards, including client fund segregation, regular reporting, and oversight procedures as required by the JSC. Although not under a Tier 1 regulator, it operates transparently within its licensed jurisdiction.

Execution Model and Trading Platforms

The broker offers an STP (Straight Through Processing) execution model, ensuring no dealing desk intervention and competitive pricing from liquidity providers. Ingot Brokers MENA supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both available on desktop, mobile, and web. While FIX API is not publicly listed, the broker offers competitive execution speed and optional VPS for advanced users.

Markets and Instruments

Clients have access to a broad range of trading instruments, including:

• Forex (50+ major, minor, and exotic pairs)
• Indices
• Precious metals
• Commodities (including energy and agricultural futures)
• Stocks and ETFs (select US and regional equities)
• Cryptocurrencies (depending on local regulation)

Accounts, Spreads and Leverage

Ingot Brokers MENA offers several account types: Classic, ECN, and Islamic (swap-free) options. Typical spreads start from 1.0 pips on Classic and 0.3 pips on ECN accounts, with commissions from $6 per lot on the latter. Leverage is available up to 1:500 depending on jurisdiction and instrument. The minimum deposit starts from $100, and the stop-out level is generally 30%.

Funding and Base Currencies

Deposits and withdrawals can be made via local bank transfers, credit/debit cards, Neteller, Skrill, and crypto wallets. Base currencies include USD, EUR, and JOD. Most payments are processed within one business day, and Ingot Brokers MENA does not charge internal fees for deposits or withdrawals.

Client Protections and Features

While JSC regulation does not include FSCS-style compensation, Ingot Brokers MENA implements internal fund protection measures such as negative balance protection and client fund segregation. The broker offers 2FA security, encryption protocols, and has implemented biometric authentication on mobile apps. Periodic audits are conducted by third-party firms to ensure compliance.

Institutional and Retail Offering

Ingot Brokers MENA primarily serves retail traders but also offers tailored institutional solutions on request. While FIX API and prime brokerage are not publicly available, the broker does provide multi-account management (MAM) and partnership programs for asset managers and introducing brokers. Retail clients benefit from multilingual support, educational webinars, and localised service in Arabic and English.

Pros and Cons

Pros

• JSC-regulated and regionally focused
• MT4 and MT5 supported on all devices
• Islamic account option available
• Wide range of instruments including local assets
• Arabic and English customer support

Cons

• No FSCS-style external compensation scheme
• FIX API not publicly listed
• Limited international stock selection

Frequently Asked Questions

Is Ingot Brokers MENA Ltd. regulated?

Yes, Ingot Brokers MENA Ltd. is licensed by the Jordan Securities Commission (JSC) under license number 514905411.

What platforms can I use with Ingot Brokers MENA?

The broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, mobile, and web use.

Does Ingot Brokers offer an Islamic account?

Yes, swap-free Islamic accounts are available in compliance with Shariah principles.

What is the minimum deposit?

The minimum deposit at Ingot Brokers MENA Ltd. starts from $100, depending on the account type.

Are client funds protected?

Yes, Ingot Brokers MENA segregates client funds and provides negative balance protection, though there is no external compensation scheme like FSCS.