MetaTrader 5
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
Runs on
- Windows
- Mac
- Android
- iOS
Details
Editorial review
Broker Summary
What Wikilix has recorded about Point Trader Group: its history, the licences it holds, its trading conditions and its fees.
Broker Profile: POINT TRADER GROUP
POINT TRADER GROUP is a rapidly growing international brokerage offering services to both novice and experienced investors. Nowhere does this brokers marketing or its website feature any information publicly about it's corporate milestones or history. The broker however markets itself as being technologically driven and is focused on providing traders with access to multiple asset classes such as forex, crude oil/gold, indices, and potentially for cryptocurrencies in the future.
This POINT TRADER GROUP Broker profile will outline the main advantages/disadvantages of using this broker, an overview of is regulatory profile and regulatory conditions with LINKS to types of trading platforms offered as well as an overview of its fee structure.
What You Need to Know About POINT TRADER GROUP
Points Summary
– Access to numerous trading instruments
– Emphasis on technology and easy to use platforms
– Services provided for both small and institutional investors
– Ability to trade through mobile and desktop devices
Trading Weapons
Typical trading instruments provided by POINT TRADER GROUP are likely as follows:
– Major and minor forex pairs
– Commodities (Oil and Gold)
– Global Indices
– Cryptocurrency and CFD
Regulatory Profile & Licensing Information
The regulatory environment and details regarding licensing appear limited. Before opening an account, potential investors should ensure that they verify the regulatory protections offered by POINT TRADER GROUP.
Regulatory Overview:
Regulator License Number Status
FSC (Lebanon) GB23202055 Licensed
Conditions and Trading Platform Information
POINT TRADER GROUP has indicated competitive trading conditions and modern trading tools; however, there are very few figures shown to support this statement.
Trading Conditions Overview:
Feature Details
Spread Variable
Leverage 1:100
Minimum Deposit $500
Platform MetaTrader 5
POINT TRADER GROUP provides multiple platform options allowing investors to efficiently open orders and effectively analyse market conditions 24/7.
Fees & Commissions
While POINT TRADER GROUP does advertise several fees that it claims are reasonably priced, there are several fee structures that are currently not transparent for POINT TRADER GROUP.
Prospective investors should confirm all fees directly with POINT TRADER GROUP.
User Experience and Reputation
Due to the lack of public reviews and market recognition for POINT TRADER GROUP, it may be difficult to ascertain consumer satisfaction or determine the long-term viability of POINT TRADER GROUP. As such, traders are encouraged to utilise demo accounts, consult with independent sources and conduct their dd directly with POINT TRADER GROUP.
Updates
As of April 2020, there are no significant public announcements or advancements made by POINT TRADER GROUP. Traders are advised to continue to monitor official channels for any potential updates moving forward.
Conclusions
POINT TRADER GROUP has the potential of granting access to various global trading markets by utilising modern day trading systems. However, traders should remain cautious given the current lack of regulatory transparency, unclear fee structures and limited amounts of trading data available for POINT TRADER GROUP.
Prior to opening an account with POINT TRADER GROUP, investors should:
– Verify that POINT TRADER GROUP is licensed and regulated
– Request detailed fee and commission information
– Test trading platforms when possible
– Conduct independent research
Although POINT TRADER GROUP may provide some competitive tools and trading conditions to its traders, it is imperative that traders conduct thorough due diligence to determine if POINT TRADER GROUP is suitable for all trading styles and risk appetites.
Regulation check
Regulatory Licenses
We have not confirmed any regulation for Point Trader Group. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for Point Trader Group. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
3 account types on record. Minimum deposit from USD 500. Leverage up to 1:100.
3 account types
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| Standard | USD 500 | 1:100 | No commissions |
| PremiumVIP | USD 20,000 | 1:100 | No commissions |
| EliteVIP | USD 50,000 | 1:100 | No commissions |
Deposits & withdrawals
Funding Methods
6 ways to fund an account. 6 with no deposit fee. 5 credit instantly.
6 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Bank TransferBank Transfer | Free | Free | USD 500 | Not recordedNot recorded | Not recorded |
| Digital Payment (USDT)Cryptocurrency | Free | Free | USD 100 | Not recordedNot recorded | Instant |
| Visa and MastercardCredit Card | Free | Free | USD 500 | Not recordedNot recorded | Instant |
| Perfect MoneyE-Wallet | Free | Free | USD 500 | Not recordedNot recorded | Instant |
| WebMoneyE-Wallet | Free | Free | USD 500 | Not recordedNot recorded | Instant |
| USDT (Tether)Cryptocurrency | Free | Free | USD 100 | Not recordedNot recorded | Instant |
Trading software
Trading Platforms
One trading platform on record: MetaTrader 5.
1 platform
Peer comparison
Brokers worth comparing
3 other brokers on the record share what Point Trader Group offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
Point Trader Group
This recordMauritius · since 2019· Point Trader Group (Mauritius) LimitedWikilix score 44.0RegulationNo RegulationMax leverage1:100Platforms1LicencesNot recordedVCG Markets
Mauritius · since 2020· VCG Markets LtdWikilix score 44.0RegulationOffshoreFSCMax leverage1:500Platforms1Licences2Uphold
Bahamas · since 2013· Uphold Worldwide LtdWikilix score 44.0RegulationRegulatedFinCENMax leverageNot recordedPlatformsNot recordedLicences3EASY TRADING ONLINE
Australia · since 2019· Easy Trading Online LimitedWikilix score 44.0RegulationExceededASICMax leverage1:1000Platforms1Licences1
Frequently Asked Questions
Frequently Asked Questions
Common questions about Point Trader Group
Most Popular Questions
According to WIKILIX data, Point Trader Group offers a maximum leverage of 100. This leverage level applies to the trading accounts available through the broker.
Point Trader Group does not charge commissions on trades. The broker offers variable spreads, but specific average spread values are not specified.
Deposits at Point Trader Group can be made via bank transfer, Visa and Mastercard credit cards, Perfect Money, WebMoney, and USDT (Tether). The minimum deposit amount varies by method, with bank transfers and credit cards requiring at least 500 USD, while USDT deposits start from 100 USD.
Point Trader Group supports the MetaTrader 5 platform, which is available on iOS, macOS, Android, and Windows. MetaTrader 5 is a multi-asset platform that offers advanced analytics and algorithmic trading tools for Forex, stocks, and futures.
Point Trader Group (Mauritius) Limited is regulated by the Financial Services Commission (FSC) of Belize, which is an offshore regulator. The broker holds a Common Business Registration license and operates under medium transparency levels. According to WIKILIX, it offers regulatory oversight but does not provide client fund insurance.
Comments
Share your thoughts and experiences with Point Trader Group