Point Investment Group Review

Is Point Investment Group Scam or Legit Broker?

It is not safe to trade with Point Investment Group, as the broker does not hold any license from a top-tier authority. In fact, the broker is registered in the Marshall Islands, which is a known offshore zone that enables any firm to register there, without the need of meeting guidelines and strict conditions. The registration fee is also very low, and obtaining it is not really difficult.

• It is a known fact that unregulated or offshore brokers are often scams, thus avoiding signing with them and finding a trustworthy broker is the only right decision while engaging in forex trading. 

What is Point Investment Group?

The Point Investment Group is a trading name used by Mountain High Ltd a trusted company established and registered in the Marshall Islands that proposes various trading opportunities on FX and CFD instruments. During the research, it was revealed that the firm connection and management is quite confusing since there are other company names appearing that include Bali Limites and Winmore Alliance. And this is already a tricky signal to us since the trustable company should have a clear structure with a transparent operation. What is more, those mentioned companies were previously detected in fraud performance and warned timely.

• Since the market offering is full of scams, any trader should strongly consider only regulated firms since they do implement international rules that show company reliability and stability. In order to prevent traders from investing in the highest-risk entities, the industry authorities regularly check and detect scams, adding them to the alert or blacklists. The Point Investment Group appeared in those listings too due to their target of clients without permission to do so, and apart from the numerous negative reviews from the traders.

“CNMV issues warning to the public on unregistered firm Bali limited ltd and Winmore Alliance is not authorized to provide the investment services, which include investment advice or to provide the auxiliary services”

CNMV, Spain. April 2018.

Point Investment Group Review Conclusion

We advise all investors and traders to avoid Point Investment Group and other unregulated and offshore brokers. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FBS and BlackBull Markets.

Point Investment Group Update

We found the Point Investment Group website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert if any proposals come.