About InChart Trading Group
Overview
InChart Trading Group is an online trading company registered in Saint Vincent and the Grenadines. According to public records, the firm was established on 6 June 2022 and lists its registered address at First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St Vincent and the Grenadines. The company operates the website inchart-trading.com.
The broker presents itself as a provider of financial trading services, though specific details about its product offerings are not publicly verified. As with many entities incorporated in St Vincent and the Grenadines, the regulatory framework is minimal, and the jurisdiction does not oversee forex or CFD brokers with the same rigour as major financial centres.
Regulation and Licensing
InChart Trading Group does not hold any regulatory licence from a recognised financial authority. Our records confirm that no regulators are on file for this entity. The broker is incorporated in Saint Vincent and the Grenadines, a jurisdiction that does not require forex brokers to obtain a licence or adhere to standard financial oversight.
This absence of regulation means that traders do not benefit from protections such as negative balance protection, client fund segregation, or access to an ombudsman or compensation scheme. For traders who prioritise regulatory safeguards, this lack of oversight represents a significant concern.
Company Background
The company was founded in June 2022, making it a relatively new entrant to the online trading space. Its physical address is a common registered agent location in Kingstown, used by many offshore financial services firms. There is no indication of substantial operational history or verifiable track record in the industry.
Without a longer history or independent reviews, it is difficult to assess the broker's reliability or service quality. Traders are advised to exercise caution and conduct thorough due diligence before committing funds.
Risk Considerations
The elevated scam risk score of 55/100 assigned by FXCanary reflects the broker's unregulated status and the limited publicly available information. Offshore brokers carry inherent risks, including potential difficulties with withdrawals, lack of transparency, and limited legal recourse in case of disputes.
Traders should be aware that unregulated entities may operate without minimum capital requirements or client money protection rules. Any engagement with InChart Trading Group should be approached with full understanding of these risks.
Target Audience
InChart Trading Group appears to target retail traders looking for online forex or CFD trading, though its exact clientele is not clearly defined. The combination of an offshore registration and no regulatory oversight may appeal to traders who seek minimal restrictions on leverage or trading strategies.
However, such traders must accept the trade-off of reduced protections. For conservative or risk-averse investors, the lack of regulation makes this broker unsuitable.
Overview compiled by FXCanary from regulatory records and public data. full InChart Trading Group review