FP Markets vs INGOT Brokers: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFP MarketsINGOT Brokers
Licence Score69Strong62Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record63
1 ASIC Australia Licensed · AFSL 286354Licensed
2 CySEC Cyprus Licensed · Licence 371/18—
2 FSCA South Africa Licensed · FSP 50926—
3 FSC (MU) Mauritius Licensed—
3 CMA (Kenya) Kenya LicensedLicensed
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20052006
HeadquartersAustraliaAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5
Minimum depositUS$100—
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Frequently asked questions

Is FP Markets or INGOT Brokers better regulated?

FP Markets has the higher Licence Score (69 vs 62), based on the number and tier of licences, operating history and public listing.

Which regulators license both FP Markets and INGOT Brokers?

Both are matched to licences from ASIC, CMA (Kenya) and FSA (Seychelles).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.