InChart Trading Group: reviews of an offshore broker, analysis of a commercial proposal

Review of the InChart Trading Group Company

InChart Trading Group positions itself as a certified international broker providing convenient access to financial markets. There are no reviews about the company in the Russian segment of the Internet, but reviews on foreign forums are not very positive. Our review will reveal who this broker really is and whether it is worth getting involved with them.

Analysis of the InChart Trading Group Website

The complete absence of expert reviews and real customer feedback about InChart Trading Group is not surprising. Checking the domain history revealed that the project was launched in November 2021. The web platform is only available in English, excluding international presence and branches in different countries.

Nothing is known about the creators of the brokerage firm, and contact information is limited. There is no telephone support service or presence in social networks. Customer service is only possible through email or online chat. Foreign forums indicate that support only reacts when new investments are made while ignoring traders’ problems.

Currently, the InChart Trading Group website is not under the supervision of Roskomnadzor, but this does not guarantee honesty, considering the recent launch of the project. This allows scammers to deceive people with impunity.

Company Information

InChart Trading Group does not provide plans for further development and servicing in other geographic areas. The website replaces facts with promises of powerful trading tools and a convenient trading platform. Even the testimonials section is fake, as the comments appear standardized, and it is not possible to add a new review.

In the website footer, it is stated that InChart Trading Group is managed by Heba Tech LLC, registered in Saint Vincent and the Grenadines. However, there is no confirmation of registration. This island jurisdiction does not regulate the activities of brokers. Local regulatory authorities have warned about such cases.

As a result, this is a fake company providing unregulated services and deceiving novice traders. Russian residents should also exercise caution, as the Central Bank of Russia has no information about InChart Trading Group.

Offer for Clients

Foreign forums indicate that InChart Trading Group deliberately conceals contract specifications and trading conditions. Each client is treated individually. The minimum deposit, margin, spreads, and other details are absent on the website, forcing people to invest money without knowing the details.

  • In addition to a standard account, an Islamic account is available.
  • Demo accounts on the platform are missing, requiring immediate investment of money.
  • Information regarding deposit/withdrawal methods is missing, with only icons of payment systems provided on the website.
  • Traders are actively offered bonuses when adding funds to their accounts.
  • There are different versions of the trading platform for Forex and CFD currency trading.

Reviews about InChart Trading Group

Currently, there are no reviews in the Russian online space due to the short period of operation and the absence of a Russian-language version. The company takes advantage of this to maintain its reputation by posting fake reviews on its website.

On foreign forums, negative reviews about the company have already appeared, expressing disappointment from users.

Deception Methods at InChart Trading Group

To attract new clients, InChart Trading Group uses an affiliate program with unclear conditions. The scam scheme is based on imposing bonuses and the conditions for playing them out.

As a result, InChart Trading Group is an offshore project designed to deceive unsuspecting clients. The company does not have liquidity providers to ensure real trading. Investors are at risk of losing significant amounts. Do not trust deceit, be cautious!