Brokerages

Rich Point Capital

1.3 (6 reviews)
🇨🇦 Canada
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1.3
6 reviews
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About Rich Point Capital

Rich Point Capital has been flagged by British Columbia Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Warning to all investors

D
Daniel K.
2 months ago

I want to warn everyone about Rich Point Capital. They have been flagged by British Columbia Securities Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Currency margin requirements unclear

C
Christina I.
3 months ago

I had a dispute with Rich Point Capital 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: Stable platform|Low minimum deposit

Cons: Account statements could be more detailed|Cannot customize dashboard fully

Do your due diligence first

A
Alex T.
6 months ago

For anyone considering Rich Point Capital, please be aware that this company has been flagged by British Columbia Securities Commission. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Flagged by international regulators|Due diligence required

Mobile app loses orders

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Isaac E.
6 months ago

After for the past year and a half with Rich Point Capital 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: Quick verification|Multi-currency support|Fast execution

Cons: Currency conversion fee exists

Red flags everywhere

S
Sarah T.
10 months ago

Several red flags with Rich Point Capital: (1) They promise unrealistically high returns, (2) They're not registered with British Columbia Securities Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Cons: Flagged by British Columbia Securities Commission|Cannot verify credentials

Stay far away from this company

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Victoria O.
11 months ago

I invested $1,000 with Rich Point Capital after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to British Columbia Securities Commission.

Cons: No regulatory oversight|Money disappeared|Fake testimonials