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• Our Review Method

• Is Point Investment Group Scam or Legit Broker?

• What is Point Investment Group?

• Conclusion

Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding Point Investment Group due to the issues we've identified.

Is Point Investment Group Scam or Legit Broker? ▲

Engaging in forex trading with Point Investment Group is not advisable due to its lack of accreditation from any reputable regulatory authority. This brokerage firm is situated in the Marshall Islands, a locale notorious for its minimal regulatory requirements and low-cost registration process. Such characteristics make it a haven for firms seeking to operate without adherence to stringent guidelines, raising significant concerns about their legitimacy and operational practices.

The absence of a license from a top-tier regulator is a glaring red flag, as it implies potential risks for traders due to the lack of regulatory oversight. Historically, offshore and unregulated brokers have been associated with fraudulent activities, making it imperative for traders to seek alternatives that hold valid licenses from reputable authorities. It is crucial to prioritize safety in forex trading by choosing brokers regulated by recognized bodies such as the FCA in the UK or ASIC in Australia, which are known for their strict regulatory standards.

What is Point Investment Group? ▲

Point Investment Group operates under the trading name of Mountain High Ltd, a company registered in the Marshall Islands, providing trading opportunities in FX and CFD instruments. The firm's connections and management structure raise concerns due to the involvement of other entities such as Bali Limited and Winmore Alliance, both of which have previously been implicated in fraudulent activities. The lack of transparency and clear operational structure of Point Investment Group, coupled with its association with entities known for fraudulent practices, underscores the importance of exercising caution and conducting thorough due diligence before engaging with any forex broker.

The presence of Point Investment Group on regulatory alert and blacklistings further emphasizes the risks associated with dealing with unlicensed and offshore brokers. Such listings serve as a warning to traders about the potential dangers of investing in high-risk entities that operate without proper authorization or oversight. The negative reviews and warnings from regulatory bodies highlight the need for traders to prioritize safety and reliability by choosing brokers that adhere to international regulatory standards and offer transparent and secure trading environments.

Conclusion ▲

In conclusion, we strongly recommend traders to steer clear of Point Investment Group and other similar unregulated and offshore brokers. The lack of a reputable license, the firm's registration in a known offshore zone, and its association with entities previously implicated in fraudulent activities pose significant risks to traders. The forex trading market is filled with reputable and well-regulated brokers that provide secure and transparent trading conditions, making it unnecessary to take unnecessary risks with unlicensed brokers.

For those looking to engage in forex trading, it is crucial to opt for brokers regulated by esteemed authorities such as the FCA in the UK or ASIC in Australia. These brokers adhere to stringent regulatory standards, ensuring a safer and more reliable trading environment for their clients. By prioritizing safety and regulatory compliance, traders can protect themselves from potential scams and enjoy a more secure trading experience.