Ingnite Trade (ingnitetrade.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: Wedal Rd, South Glamorgan, United Kingdom This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: ingnitetrade.com.
The hidden fees at Ingnite Trade (ingnitetrade.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: No hidden fees|Real-time alerts
Cons: Limited demo account features|Inactivity fee applies after 12 months
I signed up with Ingnite Trade (ingnitetrade.com) through a forum discussion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Clean UI|Good mobile app
Cons: Wait times can be long during peak hours
I had a dispute with Ingnite Trade (ingnitetrade.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Copy trading available|Demo account available|Economic calendar
Cons: Alert system is basic
Opened my account with Ingnite Trade (ingnitetrade.com) after my brother mentioned them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Competitive fees|Automated trading options
Cons: Wait times can be long during peak hours|Limited social trading features
My withdrawal from Ingnite Trade (ingnitetrade.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for just over a year of being strung along.
Pros: Economic calendar|Fast support response|Tax reports included
Cons: Research section could be deeper