Forex Brokers

North Point Commodities

1.5 (11 reviews)
🇦🇺 Australia
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1.5
11 reviews
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About North Point Commodities

North Point Commodities has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 852 3 678 677 - Hong Kong/China (local only), 61 29 191 7403 - Australia (Asia) Support Centre, 08456806348 - European

Addresses: Offices 5-9 Fl 27 Citicorp Centre 18 Whitfield Road North Point Hong Kong This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.nopocom.com.

Customer Reviews

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They sell your data

M
Mia H.
4 months ago

Do not use North Point Commodities for anything serious. I used them for just over a year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: High security standards|Reliable uptime|Demo account available

Cons: Help articles are sometimes vague

Still waiting for my withdrawal

C
Carl G.
8 months ago

After for just over a year with North Point Commodities, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Clean UI|Fast execution|Automated trading options

Cons: Could offer more webinars

Trading execution is suspicious

M
Monica L.
8 months ago

I opened an account with North Point Commodities for nearly two years ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Social trading features|Competitive fees|Comprehensive tools|Two-factor authentication

Cons: Some tools only available on higher tiers|No fractional shares

How are they still in business

H
Harry H.
9 months ago

After using North Point Commodities since the beginning of the year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Competitive fees|Market news feed|Detailed reporting|Multi-currency support

Cons: No dark mode on mobile

Deceptive practices at North Point Commodities

K
Kayla B.
9 months ago

I trusted North Point Commodities with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Market news feed|Fast support response|Automated trading options|Customizable dashboard

Cons: No fractional shares|Search feature is basic

A sinking ship

O
Olivia I.
9 months ago

KYC with North Point Commodities is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Comprehensive tools|Easy to use platform

Cons: Wait times can be long during peak hours|Limited ETF selection

Refund request ignored for months

M
Megan S.
10 months ago

The platform itself is okay, but the customer service at North Point Commodities is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: Risk management tools|Regular updates|Wide product range

Cons: No crypto staking|Website design could be more modern

Leverage too high for retail

A
Alice K.
10 months ago

I have been trying to close my account with North Point Commodities for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Copy trading available|Intuitive for beginners

Cons: Limited demo account features|Some tools only available on higher tiers

Charting is from 2010

M
Maya Z.
11 months ago

After since early this year with North Point Commodities I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Detailed reporting|Good analytical tools|Stable platform

Cons: Limited demo account features

Terrible in every aspect

I
Isaac J.
11 months ago

North Point Commodities offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Detailed reporting|Professional team|Educational resources|Easy to use platform

Cons: Cannot customize dashboard fully