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.
For anyone considering Trade Point PTY, please be aware that this company has been flagged by Commissione Nazionale per le Società e la Borsa. 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: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Trade Point PTY said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Regular updates|Smooth onboarding|Customizable dashboard|Personal attention
Cons: Inactivity fee applies after 12 months
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Trade Point PTY has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Commissione Nazionale per le Società e la Borsa|Cannot verify credentials
My card was charged twice by Trade Point PTY on the same day. I had to dispute it with my bank. Trade Point PTY then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Multiple order types|Comprehensive tools|Fast deposits
Cons: Minimum deposit could be lower|Wait times can be long during peak hours