🗺️ Registered in | No Registration |
🗺️ Type of License | Offshore License |
🛡️ Is Point Investment Group safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
The Point Investment Group is a trading name used by the Mountain High Ltd a trust 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 includes 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 the 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 investment to the highest risk entities, the industry authorities regularly check-on the new offering and that are likely scams are added 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 that 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.
Overall, considering all the above said the traders should choose brokers in the exceptionally careful way and to trade only with the regulated brokers from reputable jurisdictions that are the only companies to trust.