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TradingPoint

TradingPoint TradingPoint
Status Newcomer
License Regulated by CySec License Number 120/10, Registered with FSA UK 538324
Trading software MT4 (Metatrader 4)
Trading conditions No Minimum Deposit Flexible Leverage from 1:1 to 1:500 Spreads as low as 1 pip 20% Bonus For All New Accounts 10% Loyalty Bonus No Requotes - No Rejection Policy No Commissions
Address 12, Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | Phone: +357 25029900, Fax: +357 25820344

Trading Point is a European Licensed Financial Institution offering trading in Forex, CFD’s and Futures through the MT4 Platform.

Pros

  • No-Requotes
  • MT4 Platform
  • EA’s Accepted
  • 1:1 – 1:500 Leverage
  • 20% Bonus
  • No Minimum Deposit
  • Daily Market Coverage

Cons

  • No Web Based Platform

Overview

Strong selling points of Trading Point focus on its NO Requotes, No Rejection Policy as well as its tight spreads which combined with its No Minimum Deposit Policy attract medium size traders which seek for an MT4 broker with clean trading conditions with NO high minimum deposit limitations.

Account Types

 

Micro

Standard

Executive

Deposit Currency

USD, EUR, GBP, JPY,CHF, AUD

USD, EUR, GBP, JPY,CHF, AUD

USD, EUR, GBP, JPY,CHF, AUD

Contract size (lot)

1,000

100,000

100,000

Minimum Initial Deposit*

No minimum

USD 3,000**

USD 100,000**

Maximum Initial deposit*

USD 3,000**

USD 100,000**

Unlimited

Leverage

Flexible:
1:1 to 1:500

Flexible:
1:1 to 1:200

Flexible:
1:1 to 1:100

Spread on all majors

As low as 1 pip

As low as 1 pip

As low as 1 pip

Commission

No

No

No

Lots restriction per ticket

100 lots

50 lots

50 lots

Hedging allowed

Yes

Yes

Yes

Islamic Account

Optional

Optional

Optional

 

* Figures should be considered as a guideline – Tailor made solutions can be arranged to accommodate for each client’s needs.
** If the deposit currency is not USD, the indicated amount should be converted to the deposit currency

Trading Point offers its customers fractional pip pricing. This means that instead of quoting prices with four(4) digits, Trading Point allows you to benefit from the smallest price movements by adding a fifth digit (fraction). Fractional pip pricing allows for tighter spreads and the most accurate quoting possible. This pricing is the result of our efforts to get the best prices from our multiple liquidity providers.

 Regulation

Trading Point is regulated and authorized by the following commissions and associations

  • Financial Services Authority (FSA), UK
  • Cyprus Securities and Exchange Commission (CySec)
  •  BaFin Germany

Spreads

Spreads are tight and are in the fair range of the industry. From default spreads are set to variable with EUR/USD set to an average of 1.9 pips.

Actualization date9 May 2011
Participation in the rating
Foundation19/6/2009
Regulated byCyprus Securities and Exchange Commission (CySEC) - Licence Number 120/10
PlatformsMT4
LanguagesEnglish, Japanese, Spanish, Greek, Arabic, French, Chinese, Russian
Other instrumentsForex, CFD
Payment methodsAll Major Credit Cards, Neteller, Moneybookers, Paypal and Wire Transfers
Mini accountNo Minimum Deposit
Standard account3.000
Leverage1:1 - 1:500
Pip spread on majorsAs Low as 1 Pip - EUR/USD Average 1.9 pips
CommissionsNO Commissions
24 hour trading
Demo accountYes - Unlimited Accounts
24 hour support
Free phoneYes - Callback Service Available
1st deposit bonus20%
Forex contests, competitionsYes
Free forex education
HeadquartersLimassol, Cyprus
WWWwww.trading-point.com
Interest charges on the balanceNo
Trust management
Partnership programs
 

Latest forex broker news

17 January 2012   TradingPoint
First Millionaire Trader of European Forex Broker
In a payment believed to be one of the largest of its kind anywhere, in September 2011 a European forex broker paid $1,000,000 to a client, making him a foreign exchange millionaire...

Latest comments

30 January 2012   suherdi Answer this comment   TradingPoint Add new comment for TradingPoint
tradingpoint will become broker is the best at future..
20 November 2011   Manny Fx Trader Answer this comment   TradingPoint Add new comment for TradingPoint
Im a newbie with Trading Point... my comment: so far so good, fast execution & No Reqoute....ALL THE BEST TRADING POINT....:)
13 November 2011   amit bangre Answer this comment   TradingPoint Add new comment for TradingPoint
future of forex market tradingpoint
12 November 2011   roni mazumdar Answer this comment   TradingPoint Add new comment for TradingPoint
trading-point is the best broker in execution

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*Risks regarding foreign exchange trading
12 November 2011   reza Answer this comment   TradingPoint Add new comment for TradingPoint
Trading point is cheating for rating.






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