Score

1.41 /10
Danger

Black Point Traders

Singapore

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Website

Score

Regulatory Index0.00

Business Index6.24

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Black Point Traders · Company summary

Note: Black Point Traders's official website: https://blackpointtraders.live/ is normally inaccessible.

Black Point Traders Information

Black Point Traders is an unregulated brokerage company registered in Singapore. While the broker's official website has been closed, so traders cannot obtain more security information.

Is Black Point Traders Legit?

Black Point Traders is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is Black Point Traders Legit?

After a Whois query, we found that this company's domain name is for sale, which shows that it has not registered it securely.

Is Black Point Traders Legit?

Downsides of Black Point Traders

  • Unavailable Website

Black Point Traders's website is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since Black Point Traders does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

The unregulated Black Point Traders is less safe than the regulated broker.

Black Point Traders Reviews on WikiFX

On WikiFX, users can comprehensively understand multiple brokers' information through one platform, quickly search, and accurately filter information. In addition, users can also leave their own experience under the broker to expose fraudulent brokers.

Black Point Traders Reviews on WikiFX

Currently, there is a Black Point Traders neutral comment about unprofessional. You may visit: https://www.wikifx.com/en/comments/detail/Co202302202611715062.html.

Conclusion

Black Point Traders Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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杨欣雨
more than one year
Always gave me bad signals, account manager extremely unprofessional. Black Point Traders is the worst broker I’ve ever met. I am happy to see it stop its business.
Always gave me bad signals, account manager extremely unprofessional. Black Point Traders is the worst broker I’ve ever met. I am happy to see it stop its business.
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2023-02-20 10:07
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