Trading Point

Hello, does anyone have knowledge of or experience with this broker?

http://www.trading-point.com/

i dont but there from cyprus red flag right there for me

regards damien

But they are also FSA and MiFid regulated.

i can only find legal documents for there cyprus regulators they maybe good just anything offshore is usually just a no go for me

damo

Okay, thank you. being in the US, it's hard to find an acceptable broker.

stick to the tried and tested brokers that way you know what your getting. ive traded with a few different brokers and the new ones always give me trouble cause there still sorting out whats what

regards damo

It's hard to find a tried and tested broker that can give me the following:

1 - Accepts US clients
2 - 300:1 or more leverage
3 - Micro lot trading
4 - well regulated
5 - STP/ECN
6 - deposits by debit card, Paypal
7 - no minimum balance
8 - no maximum balance limit per account
9 - no maximum limit on lots traded
10 - all EAs accepted

If you know of any that meet these criteria, PLEASE tell me!

Hi Everyone,

We wish to inform you that we have opened a Thread named ‘Trading-Point (TP) Discussion’ within the Broker Discussion section in order to provide information for Forex Factory members with regards to our company. Should you have any questions/queries we welcome you to leave a message, to which we will attempt to respond within a 24 hour period. We are also eager to hear back from our clients with any feedback (both positive and negative) as well as any suggestions they may have for us to improve their trading experience.

Kind Regards,


The TradingPoint Team

Dear Damosdmf and Sevenjones,

Putting things in order with regards to the documentation associated with Trading Point license you can find the CySEC (Cyprus Security and Exchange Comission) registration by clicking the links below and visiting the official regulators and registrants websites.

CySEC License No. 120/10
FSA Registration No. 538324

With respect to The Markets in Financial Instruments Directive (known as "MiFID") Trading Point complies in full as a fully regulated and fully cross border European licensed Investment Firm.

Moreover it did make me think when you noted that you see a Red Flag when you learned that Trading Point is located in Cyprus, as the CySEC is one of the stricter European regulators and has a reputation for its strict handlings with the Investment Firms licensed with its authority and moreover complying with MiFID as a whole.

Please be informed that as a CySEC regulated Investment Firm, Trading Point must adhere to a strict code of conduct and comply in a manner that is designed, through the MiFID, with the Client’s interest in mind. Such things as the segregation of Client funds from Company funds, the adaptation of an order execution policy, annual audit and compliance inspections as well as the fact that Trading Point is a member of the Investors Compensation Fund - which covers each of its clients with up to Euro 20,000 in the very rare scenario that the Company defaults – we hope can assure our clients and potential clients of the legitimacy and professionalism of our Company.

I trust that the above provides you with a satisfactory answer to your query, but please do not hesitate to let me know if you have any further questions or comments, or if you need any further information or assistance.

With best regards.

The TradingPoint Team

I have dealt with trading Point and I can say that I have had nothing but a good relationship with this thus far....They are professional, efficient, and very friendly. I have been working with their Demo for the last few weeks and it is so far, so good. I will be opening a personal account with them in the next week and will keep you all informed. If you have any doubts. they are always available..

Dear fxcellent,

Thank you for your positive feedback; we are always pleased to hear of a client’s positive experience with our company as it emphasizes and compliments the effort we put in to accommodate for our client’s needs as well as acts as an assurance that we are moving in the right direction. Should you have any queries or need any further information we are always available on our chats 24/5. We hope to see you trading with us in the near future.

Kind Regards,

The TradingPoint Team

I was one customer in the trading-point. I started to open the account in March 2011. I am very satisfied with the trading-point so far. Now I was doing promotion among traders in sabahforex (Malaysia). One that I really like trading-point was that when we make deposits via paypal, paypal charges will be refunded by the trading-point. Not only that, for our first deposit bonus will be 20% and for each subsequent deposit we will get 10% bonus. customer service is very good and very helpful in whatever the problems faced by customers.

shalon a.k.a paraivagas

Dear, All

Tested - XE Market/Trading Point
I tried Demo Account a few weeks:
- server good
- no re-quotes = exit/entry good
- CS/live chat nice
- Leverage (1:888) nice
- Minimum Deposit $5
- Payment access many choice
- Standard, Micro, Executive account type

I'm ready to go on real standard account. Now I'm waiting my Verification Account. No deposit yet, until my account is verified.

My request to xe-markets/trading point:
1. Trader Calculator (They don't have yet)
2. Spread Navigator add on MT4 (If possible)

Thanks
Best Regard