ipcapital Company Overview

　　

Founding Date and Background

　　ipcapital, also known as Intelligence Prime Capital, was founded in 2006. The company positions itself as a forex and CFD brokerage that provides various trading services to clients globally. However, its establishment has been marred by concerns regarding regulation and operational transparency.

　　

Parent Company/Ownership Structure

　　ipcapital operates under the umbrella of Intelligence Prime Capital Financial Advisory Pty Ltd, which is said to hold an appointed representative license from the Australian Securities and Investments Commission (ASIC). However, it is important to note that the legitimacy of this license has been questioned by multiple regulatory bodies and platforms tracking broker reliability.

　　

Headquarters Location

　　The company's headquarters is located at 1 Yonge Street, Suite 1304, Toronto, Ontario, Canada. This location serves as the central hub for its operations and customer service.

　　

Global Business Scope

　　ipcapital claims to serve clients worldwide, offering access to a variety of financial instruments including forex, CFDs, commodities, indices, and cryptocurrencies. However, the company has faced scrutiny regarding its operational practices and regulatory compliance in various regions.

　　

Main Regulatory Bodies

　　While ipcapital claims to be regulated by ASIC, it has faced warnings from multiple regulatory authorities, including the British Columbia Securities Commission and the Central Bank of the Russian Federation. The lack of proper regulation has raised concerns about its legitimacy as a financial service provider.

　　Back to Top

　　

Company History and Development

　　

Key Milestones

　　Since its inception in 2006, ipcapital has undergone several changes, including rebranding and expansion of its service offerings. However, the company has not been able to establish a solid regulatory framework, which has hindered its reputation in the market.

　　

Business Expansion Journey

　　ipcapital has made attempts to expand its services to various markets, including the Asia-Pacific region. Despite these efforts, its reputation has been negatively impacted by numerous complaints and allegations of fraudulent activities.

　　

Customer Base Growth

　　The company's customer base has reportedly grown over the years, but this growth has been accompanied by a significant number of complaints regarding fund withdrawals and operational transparency.

　　

Platform Development History

　　ipcapital offers multiple trading platforms, including MetaTrader 4 (MT4), webtrader, and proprietary platforms such as ipcapitalgo and the IPC social app. The development of these platforms aims to cater to different trading preferences, but the lack of transparency regarding their features has been a concern.

　　

Important Awards or Recognitions Received

　　As of now, ipcapital has not received any notable awards or recognitions that would substantiate its claims of being a reputable brokerage firm. The absence of such accolades raises questions about its credibility in the financial services industry.

　　Back to Top

　　

Trading Services Offered

　　

Forex Trading Options

　　ipcapital offers a range of forex trading options, including over 50 currency pairs. This includes major, minor, and exotic pairs, allowing traders to engage in diverse trading strategies.

　　

Stock Trading Options

　　The broker provides access to stocks from various global markets, enabling traders to invest in well-known companies. However, specific details about the number of stocks available for trading are not clearly stated.

　　

CFD Trading Products

　　ipcapital allows trading in Contracts for Difference (CFDs), which enables traders to speculate on the price movements of various assets without owning them. The range of CFDs includes commodities, indices, and cryptocurrencies.

　　

Other Financial Instruments

　　In addition to forex and CFDs, ipcapital offers trading in cryptocurrencies such as Bitcoin and Ethereum, as well as commodities like gold and silver. The inclusion of these instruments aims to provide traders with a comprehensive trading experience.

　　

Special Services or Unique Advantages

　　ipcapital promotes its proprietary trading tools, including the AIA bot system, which utilizes AI algorithms for trading decisions. However, the effectiveness and transparency of these tools have not been independently verified, raising concerns among potential users.

　　Back to Top

　　

Regulatory and Legal Background

　　

Detailed Regulatory Information

　　ipcapital claims to be regulated by ASIC, but it has faced significant scrutiny regarding the validity of this claim. Warnings from various regulatory bodies indicate that the company may not be operating within legal parameters.

　　

Legal Entity Structure by Region

　　The primary legal entity of ipcapital is Intelligence Prime Capital Financial Advisory Pty Ltd, based in Australia. However, its operations in Canada and other regions lack clear regulatory oversight, raising concerns about its legitimacy.

　　

Client Fund Protection Measures

　　Currently, there is no clear information regarding client fund protection measures. The absence of such protections raises red flags for potential investors, particularly in light of the numerous complaints regarding fund withdrawals.

　　

Countries/Regions Served

　　ipcapital claims to serve clients globally, but it has faced restrictions in certain jurisdictions due to regulatory issues. Countries where the broker has been flagged for illegal operations include Canada and Australia.

　　

Compliance History

　　The compliance history of ipcapital is concerning, as it has received multiple warnings from regulatory authorities regarding its operational practices. The company is listed on complaint blacklists, indicating a pattern of issues related to client fund withdrawals and communication.

　　Back to Top

　　

Competitive Landscape

　　

3-5 Main Competitors

　　ipcapital competes with several other forex and CFD brokers, including:

• IG Group – A well-established broker known for its regulatory compliance and wide range of trading instruments.
• OANDA – Renowned for its transparency and robust trading platforms.
• Forex.com – Offers a comprehensive trading experience with strong regulatory backing.
• eToro – Known for its social trading features and user-friendly interface.
• Pepperstone – A competitive broker that offers low spreads and high leverage options.

　　

Positioning in the Industry

　　ipcapital's positioning in the industry is weak due to its unregulated status and numerous complaints. This has limited its ability to attract serious traders compared to its more reputable competitors.

　　

Market Differentiation Factors

　　While ipcapital offers a range of trading instruments and proprietary tools, its lack of regulatory credibility and transparency significantly hampers its competitiveness. Traders are often more drawn to brokers with established reputations and regulatory oversight.

　　Back to Top

　　

Conclusion

　　In summary, ipcapital presents itself as a global trading platform with a variety of financial instruments and trading services. However, its lack of proper regulation, numerous complaints, and questionable operational practices raise significant concerns for potential clients. Before engaging with ipcapital, it is crucial for traders to conduct thorough research and consider the risks involved.

　　For more detailed insights into the trading services and features offered by ipcapital, learn more.