General Information
Registered in Ukraine, Point Trading Markets seems to be a forex broker that was not established long, with an operation time of less than one year.
However, when it comes to regulatory information, Point Trading Markets disappoints us as it is not authorized or regulated by any regulatory authority. WikiFX has given it an extremely low score of 1.03/10.
Market Instruments
With Point Trading Markets, Clients are given the access to a total of four trading assets covering Forex Pairs, Metals, CFD Products and Cryptocurrency.
Account Types
Although Point Trading Markets says it provides multiple types of trading accounts, including Ultra-tight floating spreads, Flexible leverage, flexible trade sizes. However, we did not find any detailed account description.
Demo Accounts Available
On the Point Trading Markets platform, demo accounts are available, enabling clients to test the trading platform and practice their trading strategies on this platform.
Leverage
Point Trading Markets only says that it provides flexible trading leverage, but it does not specify detailed leverage ratio.
Trading Platform
Point Trading Markets fails to provides the MT4 or MT5 trading platform, a proprietary platform which is available on Web Terminal, Desktop, IOS and Android.
Customer Support
Disappointingly, clients can only get in touch with this broker through an email address: cs@ptmfx.com.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
Frequently Asked Questions
Is Point Trading Markets Regulated？
No, it has been verified that Point Trading Markets is not regulated anyway, and it received a very low score of 1.03/10 on the WikiFX website.
Does Point Trading Markets offer leverage？
Yes, Point Trading Markets offers flexible leverage, with detailed leverage ratio not specified.
What spreads can I expect on the Point Trading Markets platform？
Spreads are not disclosed on the Point Trading Markets platform.
