CryptoPoint Review is Crypto Point a Scam or Legit Broker

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CryptoPoint Review: is Crypto Point Scam or Legit Broker?

CryptoPoint is a CFD Cryptocurrency broker owned and operated by GPAY Ltd, with an address at 18 Stoke Road, Slough, England, SL2 5AG. Crypto Point contact phone number is +442033183272 and email address is [email protected]

CryptoPoint Trading Platform

Trading platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good trading platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. Crypto Point broker offers the Tradologic Trading platform which has numerous cryptocurrency pairs to trade on.

Withdrawal and Deposit Method

CryptoPoint withdrawal and deposit methods could be carried out by the following means: Visa, Bank Wire transfer, MasterCard. The minimum deposit is $250

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License and Regulation

CryptoPoint is NOT a licensed broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. They claim they are located in the UK, but we found out that they are not regulated by the FCA which is the financial regulatory body in the UK. Complaints about most unlicensed brokers are withdrawal issues(not being able to withdraw your money) and since they are unlicensed and unregulated, no regulatory bodies can fight for you, so you are left helpless. This is a source of major concern.

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CryptoPoint Review: is Crypto Point a Scam or Legit Broker?

CryptoPoint Review: Crypto Point is a forex and Cryptocurrency cfd broker that offers trading in a huge range of assets spanning commodities, indices, stocks and currencies including cryptocurrencies. They have a registered address at 18 Stoke Road, Slough, England SL2 5AG and they are owned and operated by GPay Ltd.

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CRYPTOPOINT TRADING PLATFORM

This broker uses the Tradologic platform for CFD cryptocurrency trading.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are Bank Wire transfer, MasterCard, Visa, Bitcoin. The minimum deposit is $250.

Is CryptoPoint LICENSED?

NO! CryptoPoint broker is not licensed. Therefore, no regulatory body is acting as a watchdog to oversee that they comply with best practices in the financial market.

SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

Crypto Point is an unregulated broker, this is a source of major concern. When trading forex, CFD and cryptocurrencies we always recommend you use a regulated broker that is licensed to trade financial instruments.

I started with them today .What are the chances that they are a decent company ? Has anyone used their service ?

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RISK DISCLOSURE

Trading binary options may not be suitable for everyone and may also not be legal in your jurisdiction,make sure you are aware of the risks involved as there could be total loss of capital. Don’t trade with money you cannot afford to lose. Binary Options is prohibited by the ESMA. BestBinaryOptionsWatch.com cannot be held liable for any damage resulting from use of information on this website. The FTC Required Affiliate Disclosure: BestBinaryOptionsWatch.com is a professional review site that is independently owned and as such, opinions expressed here are our own. We receive compensation from companies whose products we review. However our professionals test each products thoroughly and recommend the best.

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