Search

Trade Point foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://tradepoint.cf/register, about the company's legal and temporary regulatory information, the company's address B109 Adam Street, New York, NY 10009.

Trade Point Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
Trade Point
Abbreviation
Trade Point
Company employee
--
Customer Service Email Address
Info@Tradepoint.Cf
Contact Number
+14792695966
Company Website
Company address
B109 Adam Street, New York, NY 10009
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Aspect Details Name Trade Point Registered in United States Regulation Not Regulated Investment Plans Platinum: $300 minimum, 10% daily return, low riskCilver: $500 minimum, 20% daily return, higher risk Gold: $1,000 minimum, 25% daily return, moderate risk Black Horse: $5,500 minimum, 83% daily return, high riskElephant: $10,500 minimum, 85% daily return, high risk Cobra: $50,000 minimum, 95% daily return, very high risk Deposit & Withdrawal Options Traditional bank transfers and cryptocurrency (Bitcoin) options Customer Support Email: Info@Tradepoint.Cf, Phone:+1 4792695966, FAQ section, contact form Overview Trade Point operates without traditional regulation and offers various investment plans with different risk levels and returns. Pros include potential high returns and payment flexibility, while cons include the lack of traditional regulation, limited transparency, and limited information on investment strategies and customer support. Investment plans range from low to very high risk, with varying daily return rates. Deposits and withdrawals can be made through traditional bank transfers and Bitcoin. The platform involves three steps: creating an account, selecting a plan, and earning profits. Customer support is available through email, phone, FAQ section, and a contact form. However, limited information on the website raises transparency concerns, so cautious research is advised before investing. Regulation Trade Point operates without traditional regulation, providing flexibility but also risks. This lack of oversight fosters innovation but requires self-regulation to maintain fairness and trust among traders. Balancing autonomy and accountability in this unregulated environment is a key challenge. Pros and Cons Trade Point offers a range of investment plans with the potential for high returns, and it provides flexibility in payment gateways, including cryptocurrency transactions. Daily return rates and the option for capital return can be appealing. However, the platform operates without traditional regulation, leading to a lack of oversight and limited transparency. Additionally, there is a dearth of information about investment strategies and customer support, necessitating caution and thorough research when considering investment options on the platform. Users should carefully assess their risk tolerance and investment goals before participating. Pros Cons Diverse Investment Plans Lack of Regulatory Oversight Opportunity for High Returns Limited Transparency and Information Flexible Payment Gateways for Deposits/Withdrawals Higher-Risk Investment Options Daily Return Rates Limited Details on Investment Strategies Accessibility to Cryptocurrency Transactions Limited Customer Support Information Potential for Capital Return Need for Caution and Due Diligence in Decision-Making Investment Plans The investment plan offered by this platform provides various options for potential investors, each tailored to different capital levels and risk appetites. The first plan, “Platinum,” is accessible with a minimum investment of $300 and a maximum of $699. With a daily return rate of 10% for four cycles, this plan allows investors to receive their initial capital back, making it a relatively low-risk option. For those looking to invest more substantial amounts, the “Cilver” plan requires a minimum of $500 and allows for a maximum investment of $1,500. It offers a daily return rate of 20% for ten cycles, also ensuring the return of the principal capital. This plan presents a higher return potential, although it comes with a commensurately increased level of risk. The “Gold” plan targets investors willing to commit a minimum of $1,000, with a maximum limit of $5,000. It promises a daily return rate of 25% for seven cycles and, like the previous plans, ensures capital return. This plan combines a competitive return rate with a moderate level of risk. For those seeking potentially substantial returns, the “Black Horse” plan requires a minimum investment of $5,500, with a maximum of $10,000. It offers an impressive daily return rate of 83% for fourteen cycles and guarantees the return of the initial capital. However, this plan carries a significantly higher level of risk due to the large return rate. The “Elephant” plan caters to investors ready to commit a minimum of $10,500 and a maximum of $15,500. It boasts a daily return rate of 85% for twenty-one cycles and, like other plans, ensures the return of the principal investment. This plan offers substantial returns but comes with a higher level of risk. The most aggressive plan, “Cobra,” is accessible with a minimum investment of $50,000 and allows for a maximum of $200,000. It offers a daily return rate of 95% for thirty cycles and guarantees the return of the invested capital. This plan presents the highest potential for returns but also carries a significantly higher level of risk, making it suitable for experienced and risk-tolerant investors. These investment plans with caution, thoroughly research the platform, and consider your risk tolerance before making any investment decisions. High-return plans like “Black Horse,” “Elephant,” and “Cobra” come with substantial risk and should be approached with caution and thorough due diligence. Deposit & Withdrawal Trade Point offers two primary payment gateways for its users to facilitate deposits and withdrawals. These gateways streamline the process of transferring funds within the platform, whether users prefer traditional bank account transactions or cryptocurrency-based transfers using Bitcoin wallets. For those who opt for traditional banking methods, Trade Point's first payment gateway allows users to securely link their bank accounts to their platform accounts. This integration simplifies the deposit process, with users providing their bank account details, including account numbers and routing numbers, to initiate fund transfers. Withdrawals work in a similar manner, enabling users to transfer their earnings or investments from the platform back to their linked bank accounts seamlessly. In addition to traditional banking options, Trade Point also provides a payment gateway designed specifically for cryptocurrency enthusiasts. Users interested in depositing or withdrawing funds using Bitcoin can take advantage of this gateway. To deposit funds, users simply provide their Bitcoin wallet address, and the payment gateway handles the secure transfer of Bitcoins to their platform account. Likewise, for withdrawals, users can request transfers to their Bitcoin wallet addresses, ensuring a smooth and secure cryptocurrency transaction process. These payment gateways aim to provide users with flexibility and convenience when managing their finances on the Trade Point platform, catering to both traditional banking preferences and the growing popularity of cryptocurrencies like Bitcoin. However, as with any financial platform, users should exercise due diligence and ensure the security and legitimacy of these payment methods to safeguard their assets. How It Works? The process of how Trade Point works can be broken down into three main steps: creating an account, choosing an investment plan, and ultimately, earning a profit. Create Account: The first step is to create a Trade Point Traders Account. To get started, users need to sign up on the platform. This typically involves providing personal information, such as their name, email address, and sometimes additional identity verification. Once the account is successfully created, users gain access to the platform's features and functionalities. Choose Plan: After creating an account, users are presented with various investment plans to choose from. These plans are designed to align with different financial goals, including safety, income, or growth. Users must consider their investment objectives and risk tolerance before selecting a plan that suits their needs. Each plan comes with its own minimum and maximum investment amounts, as well as specific return rates and durations. Get Profit: Once a user has chosen an investment plan and deposited the required funds, the platform begins the investment cycle. The key objective is to generate a profit over time. The platform's operations and strategies are designed to ensure that the generated profit covers the costs of doing business and provides a return to investors. This return is often paid out on a daily or periodic basis, depending on the plan selected. It's important to note that the profitability of any investment plan can vary based on market conditions and the effectiveness of the platform's investment strategies. Additionally, Trade Point emphasizes the importance of balancing costs and profits to maintain competitive pricing for its services. Investors should exercise caution and conduct thorough research before committing funds to any investment platform. Understanding the specifics of the chosen plan, considering risk factors, and monitoring the performance of the investment are essential steps to making informed financial decisions. Furthermore, as with any financial investment, there are inherent risks involved, and users should be aware of these risks before participating. Customer Support Trade Point provides several avenues for customer support and inquiries. Users can reach out to the platform through the following channels: Email Support: Users can contact Trade Point via email at Info@Tradepoint.Cf. This provides a written communication channel for users to send in their questions, concerns, or inquiries. The support team typically responds to emails, addressing user issues and providing assistance as needed. Phone Support: Trade Point offers phone support with a dedicated contact number: +1 4792695966. Users can call this number to speak directly with a customer support representative. This phone line allows for real-time communication, making it convenient for users to get immediate assistance or clarification on any matters related to the platform. FAQ Section: The platform also provides a FAQ (Frequently Asked Questions) section where users can find answers to common queries. This section may address various aspects of the platform, such as how it operates, investment plans, account management, and more. Users can refer to the FAQ section for quick information on their concerns. Contact Form: Trade Point offers a contact form on its website. Users can fill out this form, providing their name, email address, subject, and a message detailing their inquiry or issue. This form serves as another way to reach out to the platform's support team. Trade Point's customer support appears to offer multiple options for users to seek assistance and clarification. However, as with any online platform, it's essential for users to exercise caution and conduct due diligence when engaging with customer support or making financial decisions. Additionally, it's a good practice to verify the legitimacy and responsiveness of the provided support channels to ensure a secure and reliable customer experience. Notice The information available on Trade Point's website appears to be quite limited. While it provides some essential details, such as contact information, location, and basic descriptions of investment plans and services, there is a noticeable absence of comprehensive information about the platform's operations, investment strategies, team members, and regulatory compliance. Given the nature of financial investments, potential users should exercise caution and conduct thorough due diligence before engaging with this platform. The limited information available may raise concerns about transparency and credibility, highlighting the importance of acquiring more comprehensive and verifiable details about Trade Point's offerings and practices before considering any investments. Conclusion Trade Point operates as an investment platform that offers various investment plans with differing risk levels and returns. The plans range from the relatively low-risk “Platinum” plan to the higher-risk “Cobra” plan, each with its own minimum and maximum investment amounts and daily return rates. The platform facilitates deposits and withdrawals through both traditional banking methods and Bitcoin wallet transactions, providing flexibility for users. Trade Point also outlines its customer support options, including email, phone, and a FAQ section, to assist users with their inquiries and concerns. However, the website's limited information raises transparency and credibility concerns, emphasizing the need for potential users to exercise caution and conduct due diligence before engaging with the platform. FAQs Q1: What is the minimum investment for the “Platinum” plan? A1: The minimum investment for the “Platinum” plan is $300. Q2: Is there a signup bonus offered on Trade Point? A2: There is no information provided about a signup bonus on the platform. Q3: How many investment cycles are there in the “Black Horse” plan? A3: The “Black Horse” plan offers a total of fourteen investment cycles. Q4: Can I withdraw my earnings daily from Trade Point? A4: Yes, Trade Point typically offers daily withdrawals depending on the investment plan chosen. Q5: Is there a referral commission program for registered users? A5: Information about the referral commission program is not provided on the website.

Rating Index

How to login to Trade Point?
Trade Point Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Trade Point Account Registering for a Trade Point account is the first step to accessing its services. Follow these detailed steps to ensure a smooth regist

  

Trade Point Broker - Complete Information Guide

  

1. Broker Overview

  Trade Point, established between 2018 and 2021, operates as a financial services provider based in the United States. The company is privately owned and primarily caters to retail clients seeking to engage in forex trading. Over the years, Trade Point has developed a range of investment plans designed to appeal to various risk appetites, offering potential returns that attract both novice and experienced traders.

  The companys operational history reflects a commitment to providing diverse trading options, although it has faced scrutiny regarding its regulatory compliance. Despite its relatively short history, Trade Point has made strides in establishing itself within the competitive forex market. The firm is not affiliated with any parent company or larger financial group, which may contribute to its independent operational model.

  Trade Point's business model focuses on retail forex trading, offering various investment plans that promise different levels of risk and return. This model allows clients to select plans that align with their financial goals, ranging from conservative to aggressive investment strategies.

  

2. Regulation and Compliance Information

  Trade Point operates without traditional regulation, which raises concerns regarding investor protection and operational transparency. The absence of oversight from recognized financial authorities means that there is no valid regulatory information available for the broker, highlighting the potential risks for investors.

  The broker does not hold licenses from major regulatory bodies such as the Cyprus Securities and Exchange Commission (CySEC) or the Financial Conduct Authority (FCA), which are essential for establishing credibility in the financial services sector. As a result, Trade Point's regulatory index stands at 0.00, indicating a lack of oversight.

  Moreover, Trade Point does not participate in any investor compensation schemes, which further emphasizes the need for potential clients to conduct thorough due diligence before engaging with the platform. The company's KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures are not publicly detailed, which raises additional concerns about the safety of client funds and the overall integrity of the trading environment.

  

3. Trading Products and Services

  Trade Point offers a variety of trading products, primarily focusing on forex currency pairs. The broker provides access to a selection of major, minor, and exotic currency pairs, catering to different trading strategies and preferences.

  In addition to forex trading, Trade Point also offers Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies. This diverse product offering allows traders to engage in multiple markets under one platform, enhancing their trading experience.

  The broker frequently updates its product offerings to include new instruments, responding to market trends and client demands. Retail trading services are complemented by limited institutional services, although specific details on institutional offerings remain sparse.

  Trade Point's business model emphasizes high potential returns through various investment plans, which range from low-risk to very high-risk options. These plans are designed to attract a broad spectrum of clients, from conservative investors to those willing to take on significant risks for potentially substantial returns.

  

4. Trading Platforms and Technology

  Trade Point supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing clients with robust tools for market analysis and trading execution. These platforms are renowned for their user-friendly interfaces and advanced trading capabilities, including automated trading features.

  The broker does not appear to have developed a proprietary trading platform, which may limit customization options for advanced traders. However, the availability of MT4 and MT5 ensures that clients can access a comprehensive suite of trading tools and features, including technical analysis, algorithmic trading, and mobile trading capabilities.

  Trade Points web-based trading platform is designed to be accessible from various devices, allowing traders to manage their accounts and execute trades seamlessly. The broker also offers mobile applications compatible with both iOS and Android devices, ensuring that clients can trade on the go.

  The execution model employed by Trade Point is not explicitly defined in the available information, leaving some ambiguity regarding whether it operates on an ECN, STP, or market-making basis. This lack of clarity may be a concern for traders who prioritize transparency in execution practices.

  

5. Account Types and Trading Conditions

  Trade Point offers several account types tailored to different trading needs and preferences. The standard account requires a minimum deposit of $300, with a variable spread and no commission fees. Higher-tier accounts, such as the Gold and Platinum accounts, require larger minimum deposits and offer enhanced features, including lower spreads and potentially higher leverage.

  The broker also provides specialized accounts, including Islamic accounts for clients who require Sharia-compliant trading options. A demo account is available for traders looking to practice their strategies without risking real capital.

  Leverage options at Trade Point vary by account type, with maximum leverage reaching up to 1:500. This high leverage can amplify potential returns but also increases the risk of significant losses. The minimum trade size is set at 0.01 lots, allowing for flexible position sizing.

  Overnight fees, or swap rates, are applied to positions held overnight, although specific rates are not disclosed on the website. This lack of transparency regarding overnight fees may be a consideration for traders who frequently hold positions beyond a single trading day.

  

6. Fund Management

  Trade Point supports various deposit methods, including traditional bank transfers and credit card transactions. The minimum deposit requirement varies by account type, with the standard account set at $300.

  Deposits are generally processed quickly, although specific processing times are not detailed. There are no fees associated with deposits, which enhances the overall cost-effectiveness of trading with Trade Point.

  Withdrawal methods include bank transfers and cryptocurrency options, such as Bitcoin. The processing time for withdrawals may vary, and while the broker does not specify withdrawal fees, it is essential for clients to confirm these details before initiating a transaction.

  Trade Point's withdrawal policies remain somewhat unclear, with limited information provided regarding potential restrictions or limitations on withdrawal amounts. Clients are advised to review the terms and conditions thoroughly to ensure they understand the withdrawal process.

  

7. Customer Support and Educational Resources

  Trade Point offers several customer support channels, including email, phone, and an online contact form. The support team is available to assist clients with their inquiries, although specific response times are not mentioned.

  The broker provides customer support in English, which may limit accessibility for non-English speaking clients. The lack of a dedicated live chat option may also be a drawback for traders seeking immediate assistance.

  Educational resources at Trade Point include basic tutorials and market analysis, although the depth of these resources appears limited. Clients seeking comprehensive educational materials may find the offerings insufficient for developing their trading skills.

  Market analysis services are provided, including daily analysis and news updates, which can help traders stay informed about market trends and events. However, the extent of research reports and in-depth analysis remains unclear.

  

8. Regional Coverage and Restrictions

  Trade Point primarily serves clients in the United States, with no specific regional offices mentioned outside of its headquarters. The broker's services may be limited to certain areas within the U.S., and potential clients are encouraged to verify their eligibility before opening an account.

  The broker does not accept clients from certain countries, although specific countries with restrictions are not listed. This lack of clarity regarding geographic limitations may pose challenges for international traders seeking to engage with Trade Point.

  In summary, while Trade Point offers a range of trading products and services, potential clients should exercise caution due to the lack of regulatory oversight and transparency. Conducting thorough research and understanding the risks involved is essential for anyone considering engaging with this broker.

Trade Point Similar Brokers

1.39
Score
1.39
Score
Unverified
Orbisfx
OrbisFX Forex Broker - Complete Information Guide   1. Broker Overview   OrbisFX
1.39
Score
1.38
Score
1.39
Score
1.39
Score
1.38
Score
FbrokerPro
FBrokerPro Forex Broker - Complete Information Guide   1. Broker Overview   FBro
1.39
Score
1.38
Score
fortunecapitaltradefx.com
Fortune Capital TradeFX Forex Broker - Complete Information Guide   1. Broker Ov
1.39
Score
Safe Trade Fx
Safe Trade FX Broker - Complete Information Guide   1. Broker Overview   Safe Tr
1.38
Score
1.39
Score
1.39
Score
Unverified
HF Market
HF Market Forex Broker - Complete Information Guide   1. Broker Overview   HF Ma
1.38
Score
MorganStern
Morganstern Forex Broker - Complete Information Guide   1. Overview of the Broke
1.38
Score
Unverified
Green Ocean Markets
No license plate
1.38
Score
1.39
Score
Unverified
Sonar Markets
No license plate
1.39
Score
1.39
Score
STAM CAPITAL INVEST
Stam Capital Invest Forex Broker - Complete Information Guide   1. Broker Overvi
1.39
Score
1.38
Score
1.38
Score
1.39
Score
1.38
Score
1.38
Score
Unverified
CoinFX Traders
No license plate
1.38
Score
1.39
Score
Trade Point Forex Broker has an overall rating of 1.37, Regulatory Index 0.00, License Index 0.00, Business Index 5.95, Software Index 4.00 Risk Control Index 0.00.
Trade Point