- Regulator
- Capital Markets Authority (CMA)
- Local company
- Ingot Ke Limited
- Licence number
- 173
- M-Pesa
- Not confirmed
Broker review · Checked
INGOT Brokers review 2026: is INGOT Brokers legit in Kenya and South Africa?
INGOT Brokers holds a CMA licence in Kenya (Ingot Ke, 173) with Kenya-specific accounts from $10. It offers MT4 and MT5 and charges no inactivity fee, but card and e-wallet deposits carry 2–3% fees. No M-Pesa confirmed.
- Founded2006
- 🇰🇪 CMALicence 173
- 🇿🇦 FSCAChecking
- Minimum deposit$10
- M-PesaNot confirmed
Is INGOT Brokers regulated? Licence by country
- Regulator
- Financial Sector Conduct Authority (FSCA)
- Local company
- Not yet verified
- Licence number
- —
A licence means someone supervises the broker. It does not make trading safe: most retail CFD accounts lose money.
About INGOT Brokers
INGOT is regulated by CySEC (462/25) and ASIC (428015), with companies in the UAE, Jordan, Seychelles and Kenya. Ingot Ke Limited holds CMA licence 173.
Who INGOT Brokers suits, and who should look elsewhere
Good fit if you
- want a Kenya-specific cent account
- use MetaTrader 5
Look elsewhere if you
- fund by card or e-wallet often (fees apply)
- scalp (DayTrading.com says it is not allowed)
INGOT Brokers account types and minimum deposit
| Account | Minimum deposit | Pricing |
|---|---|---|
| Kenya Cents | $10 | Floating spreads, no commission |
| Kenya Pro | $50 | Floating spreads, no commission |
| Kenya ECN | $100 | Raw spreads plus $7 per lot round turn |
Leverage: Up to 1:500 on Kenya Cents and Pro, 1:200 on ECN.
INGOT Brokers fees: spreads, commission and other charges
| Inactivity fee | None |
| Card deposits | 3% |
| Skrill / Neteller deposits | 2% / 3% |
| Bank wire and USDT | No fee |
Work out the cost of a trade before you place it with our pip value and profit and loss calculators.
INGOT Brokers deposits and withdrawals in Kenya and South Africa
🇰🇪 Kenya
- Licensed company: Ingot Ke Limited, CMA licence 173.
- No M-Pesa confirmed; minimum bank wire withdrawal $500.
🇿🇦 South Africa
- No FSCA licence found.
M-Pesa limits, rand EFT, cards, e-wallets and the payment scams to avoid: read our deposits and withdrawals guide.
INGOT Brokers trading platforms
- MetaTrader 4
- MetaTrader 5
- INGOT copy trading
Is your money safe with INGOT Brokers?
- CMA licence in Kenya; CySEC and ASIC for other companies.
INGOT Brokers pros and cons
Pros
- CMA licence
- Kenya-specific accounts from $10
- No inactivity fee
Cons
- Deposit fees on cards and e-wallets
- Fewer currency pairs than rivals
- No M-Pesa confirmed
Our real-money test of INGOT Brokers
Coming
We will open a INGOT Brokers account, deposit, place a trade and withdraw, then publish the screenshots, the time each step took and every fee we paid.
INGOT Brokers withdrawal time: reports from traders
How long do INGOT Brokers withdrawals really take?
Loading reports…
Median of reports from traders. Not checked by us; our own tests are marked separately.
Withdrawal stuck or refused at INGOT Brokers? Get a ready complaint letter and the right regulator contact with our complaint desk →
INGOT Brokers: questions people ask
Is INGOT Brokers regulated in Kenya?
Yes. In Kenya, INGOT Brokers operates through Ingot Ke Limited, which holds CMA licence 173. Check that this company is named on your client agreement, not an offshore company of the same brand.
Is INGOT Brokers regulated by the FSCA in South Africa?
Not confirmed. We have not yet matched INGOT Brokers to an FSCA licence number, so it gets no “Visit” button for South Africa until we do.
What is the INGOT minimum deposit in Kenya?
$10 on Kenya Cents, $50 on Kenya Pro and $100 on Kenya ECN.
Sources for this review (checked 25 Oct 2026)
Fees, minimums and payment methods change and can differ by the company you sign with. Confirm them on the broker's site before you deposit. Spotted something out of date? Tell us.