Ikhtisar:FXPOINT is the trading name of Grey Matter Enterprise Ltd, purported to be a forex broker registered in Saint Vincent and the Grenadines, which claims to offer clients a 0.2 point floating spread on the Webtrader platform through five different live account types.
FXPOINT Review Summary | |
Founded | 2-5 years |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | Forex currency pairs |
Demo Account | N/A |
Leverage | N/A |
Spread | 0.2 pips |
Trading Platform | Webtrader |
Min Deposit | $3000 |
Customer Support | Email: support@marketstrade.co.ukTelephone number:14388068855 |
FXPOINT is the trading name of Grey Matter Enterprise Ltd, purported to be a forex broker registered in Saint Vincent and the Grenadines, which claims to offer clients a 0.2 point floating spread on the Webtrader platform through five different live account types.
Pros | Cons |
5 account types to choose from | Lack of Regulatory Oversight |
Website inaccessible | |
Extremely high minimum deposit ($3,000) |
FXPOINTis not regulated by any financial institutions.
FXPOINT offers traders the opportunity to trade forex currency pairs.
Tradable Instruments | Supported |
Forex currency pair | ✔ |
Stocks | ❌ |
Currencies | ❌ |
Crypto currencies | ❌ |
Indices | ❌ |
Bonds | ❌ |
Futures | ❌ |
FXPOINT claims to offer five types of trading accounts - Explorer, Basic, Silver, gold, and Platinum - with minimum initial deposit requirements of $30,00, $10,000, $50,000, $100,000, and $250,000, respectively. In contrast, licensed brokers allow initial accounts with a minimum deposit of $100 or less.
The spread of EUR/USD delivered by online traders on FXPOINT is 0.2 pips.
FXPOINT chose Webtrader as its trading paltform.
Trading Platform | Supported | Available Devices | Suitable for |
Webtrader | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
FXPOINT's financing methods are wire transfer, iDeal and Cashier. Minimum initial deposit requirements are up to $3,000.
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