FXPOINT Forex Broker

FXPOINT Review SummaryFounded2-5 yearsRegistered Country/RegionSaint Vincent and the GrenadinesRegulationUnregulatedMarket InstrumentsForex currency pairsDemo AccountN/ALeverageN/ASpread0.2 pipsTrading PlatformWebtraderMin Deposit$3000Customer SupportEmail: support@marketstrade.co.ukTelephone number：14388068855FXPOINT Information FXPOINT is the trading name of Grey Matter Enterprise Ltd, purported to be a forex broker registered in Saint Vincent and the Grenadines, which claims to offer clients a 0.2 point floating spread on the Webtrader platform through five different live account types.Pros and ConsPros Cons 5 account types to choose fromLack of Regulatory OversightWebsite inaccessibleExtremely high minimum deposit ($3,000)Is FXPOINT Legit? FXPOINTis not regulated by any financial institutions.What Can I Trade on FXPOINT? FXPOINT offers traders the opportunity to trade forex currency pairs.Tradable Instruments Supported Forex currency pair✔Stocks❌Currencies❌Crypto currencies❌Indices❌Bonds❌Futures❌Account Types FXPOINT claims to offer five types of trading accounts - Explorer, Basic, Silver, gold, and Platinum - with minimum initial deposit requirements of $30,00, $10,000, $50,000, $100,000, and $250,000, respectively. In contrast, licensed brokers allow initial accounts with a minimum deposit of $100 or less.FXPOINT Fees The spread of EUR/USD delivered by online traders on FXPOINT is 0.2 pips.Trading Platform FXPOINT chose Webtrader as its trading paltform.Trading PlatformSupported Available Devices Suitable for Webtrader✔Windows, MAC, IOS, AndroidInvestors of all experience levelsDeposit and Withdrawal FXPOINT's financing methods are wire transfer, iDeal and Cashier. Minimum initial deposit requirements are up to $3,000.