ANSWER IpgateTrade is not a regulated or licensed broker for traders even though it states offers that look good to be true.IpgateTrade claims to be owned and operated by Rame Partners LLC, a company registered in St. Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 2368 LLC 2022. We indeed found a match result to Rame Partners LLC in SVG FSA. However, SVG FSA is not a forex regulator that issues licenses for forex trading or regulates entities engaging in forex.Besides, the Autorité des Marchés Financiers (AMF) issued a warning that IpgateTrade is an unauthorized firm. You can check the full warning from here.The truth is, IpgateTrade is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like IpgateTrade and trade with licensed brokers.
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