About Chartistake
Company Overview
Chartistake is a Mauritius-registered brokerage founded on September 1, 2022. Its registered address is at 5th Floor, NEX Tower, Rue du Savoir, Cybercity, 72211 Ebene, Republic of Mauritius.
The broker operates under the official domain chartistake.com and maintains a presence on social media platforms including Facebook, Instagram, LinkedIn, and YouTube. As a relatively new entrant, Chartistake positions itself in the competitive forex and CFD brokerage landscape.
Regulation and Safety
According to available records, Chartistake does not hold any regulatory licenses from recognized financial authorities. The absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to oversight by any official regulatory body.
Unregulated brokers carry elevated risks, including lack of investor protection schemes and no recourse to ombudsman services. Traders are advised to exercise caution and conduct thorough due diligence before engaging with unregulated entities.
Account Types
Chartistake offers four distinct account tiers designed to cater to different trader segments. The STANDARD account requires a minimum deposit of $250, targeting retail traders. The PROFESSIONAL account starts at $10,000, while the BUSINESS and BUSINESS PLUS accounts require $30,000 and $100,000 respectively.
Each tier likely offers varying features such as spreads, leverage, and additional services, though specific details are not provided in public records. The high minimum for BUSINESS PLUS suggests a focus on high-net-worth individuals or institutional clients.
Trading Instruments
At present, no information is available regarding the range of trading instruments offered by Chartistake. Typical brokers in its category may provide forex pairs, indices, commodities, and cryptocurrencies, but this has not been confirmed.
The lack of transparency on tradable assets is a common concern with lesser-known brokers. Traders should seek clarification directly from the broker before committing funds.
Target Audience
Given its account structure, Chartistake appears to target both retail and professional traders, with the higher-tier accounts aimed at experienced or institutional clients. The minimal entry point of $250 makes it accessible to beginners, while the $100,000 tier suggests accommodation for larger investors.
However, the absence of regulation and limited public information may deter risk-averse traders. The broker's true target market remains speculative without further details on its services and reputation.
Overview compiled by FXCanary from regulatory records and public data. full Chartistake review