Score

3.97 /10
Danger

Inceptial

Belarus

2-5 years

Regulated in Belarus

Retail Forex License

White label MT4

Regional Brokers

High potential risk

C

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Comparison

Quantity 7

Exposure

Open Account
Website

Score

Regulatory Index5.50

Business Index6.74

Risk Management Index0.00

Software Index4.95

License Index3.92

The WikiFX Score of this broker is reduced because of too many complaints!
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

GROWTH CAPITAL LLC

Company Abbreviation

Inceptial

Platform registered country and region

Belarus

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

Fraud broker induce fraud trade

Mainly used for ALGO TRADE, the account manager induces transactions, constantly loses all the transaction funds in the opposite direction, promises to compensate the transaction funds, but gets them back. In the end, even AC canceled them. black traders induce fraudulent transactions black traders induce fraudulent transactions black traders induce fraudulent transactions black traders induce fraudulent transactions

2022-07-09 22:37
Scam

Keep encouraging deposits in margin investment, claiming that the project investment is profitable, but unable to withdraw the funds for a long time, the original investment amount will eventually be liquidated!

Since September 2021, I was referred to Inceptial by eXcentral (which also lost more than 30,000 US dollars on this platform before), and the company has been asking me to deposit margin investment and take me to operate the investment. Once I make money, it will explode If the position was blown up, I would change to another manager, saying that he would help me make up my losses, but time and time again, all of them were exposed. Finally, the deputy manager of the company took over, saying that he was a high-level executive and had more accurate information. I then invest in a project investment that can help me earn back my previous losses. As a result, the investment said that it has earned 300,000 US dollars. In order to get the amount, it keeps asking me to deposit money, saying that I have to pay a handling fee , taxes, swiping investment amount... etc., all the money was exposed on the platform, and the deputy manager said that it would not affect it. Now all the funds invested are all liquidated, and the 300,000 US dollars can be entered on April 5, 2022. , but so far no updates. (There are many photos of the transaction, only some of them are listed for reference)

2023-02-02 19:02
    Inceptial · Company summary

    GENERAL INFORMATION

    Inceptial is a trading company headquartered in Minsk, Belarus, covering a wide range of tradable products. The companys goal is to empower traders using trading tools and valuable knowledge.

    The parent firm of the company goes under the name of Growth Capital LLC, and it is regulated by the National Bank of Belarus. There is proof of this, and therefore, we can not question the legitimacy of the license.

    Inceptial is a fairly new online Forex company licensed and regulated by the National Bank of Belarus. While the trading company may be fairly new, their offerings are structured in such a way that traders of all experience levels can benefit. The company has stated its goal is to empower its clients through the provisioning of knowledge and valuable trading tools. Inceptial really puts its focus on the customer, as you can tell by the solid customer support, the variety of assets, and the range of account types.

    The Forex company gives clients access to forex pairs, cryptocurrency futures, commodities, stocks and equity indices, all through CFD products. They also provide 24/7 client support and have generous leverage that goes as high as 1:500 for some assets and clients. Plus, the trading platform offered to traders is the award-winning Metatrader4

    The advanced technologies used for the trading software, the variety of common-sense policies, and compliance with international trading standards make Inceptial a secure Forex company. Traders dont need to worry about their finances and personal data because the company has transparent and client-centric practices in place.

    MARKET INSTRUMENT

    It offers reliable trading software and a diversified list of CFDs to trade, and many educational resources for those who want to learn more.

    160+ CFDs can be traded via Inceptial, including currency pairs, shares, stock market indices, commodities, and cryptocurrencies. The goal is to ensure traders candiversify and shift from one asset class to another, depending on changing market conditions.

    ACCOUNT AND LEVERAGE

    It is common knowledge that you need to open an account with a broker to use its services, and generally, that means choosing one of the options it offers you. Traders need to be informed that every broker may offer account choices it deems suitable, and it is up to the investor to find out which one suits their trading style, risk appetite, and budget.

    Every account is aimed at a particular trading style, and individuals can choose from four different versions. Example of this is the Classic account, which is best for those just starting their trading journey. It offers a medium-priced spread and low investment amount and is perfect as a beginners live trading account.

    There is a VIP account that is reserved for professional and expert traders. This account has a significantly higher minimum deposit but offers unique leverage and no trading or swap fees.

    Other accounts include Gold and Silver choices that have been added for skilled and intermediate traders. Each trading account has its own set of conditions, including spreads, stop-out level, and margin call, which help traders find their risk tolerance.

    The first accounts spread starts reasonably high and then continues to reduce as the trader progresses through the tiers. Likewise, you get access to more features as you change accounts, and every level has features that can assist traders in making more analytical decisions.

    Some of the best features that Inceptial offers its traders via these account options are:

    • Negative balance protection

    • Swap discount

    • Customer support

    • Dedicated account manager

    • VIP webinars

    • Trading signals

    • Free trading education

    With four account types as part of its offer, Inceptial plans to reach many traders worldwide. In exchange for larger deposits, customers are rewarded with tighter spreads and more premium educational resources. Those who want to start with limited capital are not ignored, and they can access the services with a deposit of as little as 250 USD/EUR.

    As we already noted Inceptial is a broker registered in Belarus, so technically they are legit. As the local rules governing the forex industry barely match the regulatory framework in Europe and the UK however, here we would rather suggest our list of trusted, UK regulated brokers instead.

    Inceptial is owned and operated by Growth Capital LLC – a Belarusian company registered with the National Bank of Belarus.

    TRADING PLATFORM AVAILABLE

    The broker offers the full might of the MT4, which is perhaps the best trading software in existence today. We say perhaps because the MT4 is slowly being surpassed by the MT5. However, the former is still superb and better than most, if not all other trading softwares.

    With Inceptial, the MT4 is available as a desktop trader as well as a web trader.

    DEPOSIT AND WITHDRAWAL

    The minimum deposit requirement is $250, while the payment methods are credit cards, debit cards, Skrill, and through bank transfer.

    Withdrawals are processed within 5 working days. There is a 3.5% fee on all card withdrawals, while a $30 wire transfer fee is applied as well. Skrill charges 2%.

    CUSTOMER SERVICE

    traders working with Inceptial benefit from 24/7 full assistance. If a client has a problem, it is possible to use the live chat available on the website to get it resolved. Alternatively, contact can be made by phone or email.

    Inceptial additional services

    The additional services that Inceptial provides on Inceptial.com are the following:

    • Trading calculators, that will help you calculate your risk and profits.

    • Fundamental analysis tools that will help you determine what direction the market should be going.

    • Push alerts that will notify you of great market opportunities.

    • Educational materials like eBooks and interactive trading courses.

    • SMS trading signals.

    • The personal account manager can assist you with his/her knowledge.

    News

    NewsWikiFX report: U.S. Daily Market Review

    The main U.S. stocks dropped some side as investors braced for the Federal Reserve’s big interest rate decision.

    WikiFX
    2022-05-09 16:59
    WikiFX report: U.S. Daily Market Review

    NewsWikiFX report: Starbucks Brews Up Solid Earnings

    According to Inceptial, shares of coffee giant Starbucks surged 9.8% higher yesterday after delivering fiscal second quarter financial results that were better than expected by Wall Street.

    WikiFX
    2022-05-09 16:02
    WikiFX report: Starbucks Brews Up Solid Earnings

    NewsWikiFX report: Crude Oil Prices Rallied

    Oil prices gained some ground during the Asian hours.

    WikiFX
    2022-05-09 15:50
    WikiFX report: Crude Oil Prices Rallied

    NewsWikiFX report: European Daily Market Review

    Concerns about China's Covid rebound turned the mood gloomy and spurred significant selling across the board on Monday, sending European equities plunging to one-month lows. Concerns about rising inflation, expected interest rate hikes, and the ongoing Russia-Ukraine crisis all factored significantly.

    WikiFX
    2022-04-26 14:25
    WikiFX report: European Daily Market Review

    User Reviews

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    User comment

    5

    Comments

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    A xiao宇
    more than one year
    Amazing service and performance! I started to work with this platform 8 days ago and already got my profits. Thanks, Inceptial and my account manager for your patience and for responding to me on time.
    Amazing service and performance! I started to work with this platform 8 days ago and already got my profits. Thanks, Inceptial and my account manager for your patience and for responding to me on time.
    Translate to English
    2023-02-15 12:24
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    Wu71204
    more than one year
    Inceptial宣稱自己受到白俄羅斯的良好監管,但是這并不影響它在詐騙之後捲款潛逃!我想在選擇監管牌照的時候還是看看那些比較老牌的監管機構,FCA, ASIC之類的會比較靠譜!
    Inceptial宣稱自己受到白俄羅斯的良好監管,但是這并不影響它在詐騙之後捲款潛逃!我想在選擇監管牌照的時候還是看看那些比較老牌的監管機構,FCA, ASIC之類的會比較靠譜!
    Translate to English
    2022-12-14 10:03
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