Forex Brokers

Trade Point PTY

1.5 (14 reviews)
🇮🇹 Italy
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1.5
14 reviews
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About Trade Point PTY

Trade Point PTY has been flagged by Commissione Nazionale per le Società e la Borsa for "Unregistered/Unlicensed entity offering financial products or services|Genera...". 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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Withdrawal rejected 3 times

O
Olivia D.
1 months ago

I trusted Trade Point PTY 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: Dividend tracking|Helpful community forum|Market news feed|Easy to use platform

Cons: Research section could be deeper|Minimum deposit could be lower

False promises and poor execution

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Teresa J.
4 months ago

The so-called education at Trade Point PTY is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about eight months thinking they would help me learn.

Pros: Educational resources|Market news feed

Cons: Minimum deposit could be lower|Inactivity fee applies after 12 months

No demo account that works

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Felix N.
4 months ago

I had high hopes for Trade Point PTY through word of mouth in my investment club, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Copy trading available|Responsive team

Cons: No phone support on weekends|Could offer more webinars

Deceptive practices at Trade Point PTY

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George P.
5 months ago

Where do I even begin with Trade Point PTY? for over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Educational resources|Full transparency|Automated trading options

Cons: Mobile app could be improved

Amateur hour at Trade Point PTY

A
Andrea Y.
8 months ago

Trade Point PTY had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Automated trading options|Great customer service|Educational resources|Market news feed

Cons: Spreads widen during volatile periods|Some tools only available on higher tiers

The opposite of what they advertise

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Carl S.
8 months ago

The mobile app from Trade Point PTY is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Fast execution|Instant funding|Dedicated account manager

Cons: Email notifications too frequent

Cannot withdraw funds - classic scam

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Thomas V.
8 months ago

I invested $3,500 with Trade Point PTY 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 Commissione Nazionale per le Società e la Borsa.

Cons: Blocked my account|No legitimate license|Fake returns

False advertising at its finest

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Monica C.
8 months ago

I joined Trade Point PTY after my brother mentioned them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Stable platform|Demo account available|Fast deposits

Cons: No live chat on mobile

Tax documents wrong every year

V
Vincent E.
9 months ago

Trade Point PTY changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.

Pros: API access|Dedicated account manager|Multi-currency support|Risk management tools

Cons: No dark mode on mobile|Charting tools need more indicators

Impossible to reach anyone

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Leo N.
9 months ago

I requested my data from Trade Point PTY under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Intuitive for beginners|Tax reports included

Cons: No integrated tax optimization|Spreads widen during volatile periods