✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker FXPoint (also called with the name: fxpoint.co), is a broker of Forex , Cryptocurrencies y CFDs. Is FXPoint really recommended for making an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find the following: opinions about FXPoint ✅, claims, complaints eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it FXPoint ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ FXPoint mentions being part of: Gray Matter Enterprise Ltd.
❌ Regarding your location, the broker mentions being based on St. Vincent and the Grenadines.
❌ If we analyze the broker regulation, do not mention nothing about being a regulated broker or its regulation.
⛔ ATTENTION: FXPoint is a broker NOT REGULATED. ⛔
📌 RememberRegulated brokers are the best (and safest) option, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
If now we go on to analyze account types offered by FXPoint, we noticed that it offers 5 different types of accounts: Explorer Account, Basic Account, Silver Account, Gold Account and Platinum Account. We will leave you an image with a little information about each type of account.
Explorer Account: minimum initial deposit of $3.000, cross-platform commerce, 24/7 customer service, career chart.
Basic Account: minimum initial deposit of $10.000, cross-platform trading, personal analyst, private introductory session with an analyst, weekly market reviews and financial studies.
Silver Account: minimum initial deposit of $50.000, cross-platform commerce, personal analyst, sMonthly private sessions with an analyst, weekly market analysis and financial research.
Gold Account: minimum initial deposit of $100.000, multiplatform commerce, personal analyst, smart money management plan, weekly private sessions with an analyst, weekly market analysis and financial research.
Platinum Account: minimum initial deposit of $250.000, cross-platform trading, direct line with account analyst, long-term financial plan by senior account analyst, weekly private sessions with an analyst, weekly market analysis and financial research, up to 5 protected operations by account analyst financial
In the following image you can have more information about the types of account. Click here to see the image in full size.
La platform to operate that FXPoint offers is: own platform.
Resources | Website
We will now analyze the different resources and aids for traders that FXPoint provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
FXPoint provides the following aids or resources to traders or interested parties: charts, economic calendar, a little information about the products you offer, really not much more than this.
🌐 Other information about FXPoint 🌐
???? Some more information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: fxpoint.co
📞 Telephone number: does not have.
📧 Email: contact from the website.
You might be wondering why we did a review on FXPoint. We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question. We like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not to invest with an investment company.
Are you a representative of this company? We recommend you leave a comment responding to customer concerns.
➡️ Rating on FXPoint ⬅️
Ending with this section, in our opinion Do we believe that the company FXPoint is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2022 analysis ⭐
❌ After analyzing it, we recommend to exercise caution, since it is a broker that is not regulated and is located in a very unsafe country for this type of actions, in addition, when looking for reviews about FXPoint we found many that are negative and warn about this broker. ❌
(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. 📛
⛔ Attention: ⛔We have received messages from clients assuring that FXPoint is closely linked to 24Trading, a disreputable broker accused of scamming too many people.
⛔ Attention ⛔ : in July 2021 AMF added FXPoint to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to AMF's July 2021 warning ⚠️
⛔ Attention ⛔ : in September 2021 BaFin added to Gray Matter Enterprise Ltd (company that owns FXPoint) to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to BaFin's September 2021 warning ⚠️
⛔ Attention ⛔ : in September 2021 CNMV added FXPoint to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the CNMV September 2021 warning
⛔ Attention ⛔ : FXPoint, along with 24Trading y Solid Investment, are properties of Gray Matter Enterprise Ltd, a company that already has several complaints against it and serious accusations of fraud. ⛔ WE SUGGEST EXTREME CAUTION ⛔
⛔ Attention ⛔ : in June 2021 FSMA has added to FXPoint to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ June 2021 FSMA Warning
Our advice: We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: One of the few measures that assure clients' money is the regulation of the broker, that is, it is probably the most important characteristic of any broker; HAVE GOOD REGULATION. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, also leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻
[democracy id = ”2033 ″]
FSMA already reported them, so be careful.
Hi Fiona, thanks for commenting on FXPoint. It is currently considered a SCAM. The FSMA (The Belgian Financial Regulator) has put an alert on them, for not having the regulation to carry out their activity (See FSMA link).
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY
Greetings.
Hello, do not invest in the fxpoint platform, it is the biggest scam that exists, they scammed me 3000 euros with many lies, they do not let you get your money on top, they make fun of you saying that because you have invested there, the daring ones, please do not invest
Hi Diana, thanks for commenting on FXPoint. This broker is a SCAM. The CNMV (Spanish Financial Regulator) has already warned about them, due to fraud and not being regulated (See CNMV link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Hello, on September 28, I invested 3000 euros thinking that I was going to get much more than that, they told me many lies when I wanted to withdraw profits, they told me that I had to invest more to be able to withdraw, a super rude man spoke to me and laughed in my face after I told him. I said scammer I block I block the page and today I do not have someone to complain to him please do not invest with them it is only a facade to scam my case is real