profitpointinvestment is a CFD broker whose official website was registered on February 8, 2023. This broker primarily provides investment services in trading markets such as forex, commodities, indices, stocks, and digital currencies. It does not offer services to countries and regions where doing so may violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on the profitpointinvestment (profitpointinvestment.com) website indicates that this broker is regulated by the UK and Australian Securities and Investments Commissions (ASIC). However, all clients will interact directly with profitpointinvestment A/S, and all client agreements will be signed with profitpointinvestment A/S, thus falling under Danish law.
Upon investigation, no registration information for a company named “profitpointinvestment” was found in the UK Companies House, the Australian Securities and Investments Commission (ASIC), or the Danish Financial Supervisory Authority (Danish FSA).
Therefore, profitpointinvestment (profitpointinvestment.com) is essentially a scam broker website with no corporate entity or regulatory oversight.
Account Opening Process
To open a trading account with profitpointinvestment: Visit the broker’s official website, click “Open Account” in the top right corner to access the account registration page, fill in your personal information such as name, phone number, email address, and set a login password as required. Submit the information and verify the account to complete the registration.
Investment Plans
profitpointinvestment offers seven different types of investment plans: STARTER PLAN LEVEL 1, STARTER PLAN LEVEL 2, BRONZE PLAN LEVEL 3, BRONZE PLAN LEVEL 4, SILVER PLAN LEVEL 5, GOLD PLAN LEVEL 6, and DIAMOND PLAN LEVEL 7.
STARTER PLAN LEVEL 1:
- Minimum deposit: $300
- Expected profit: 2.75%
- Duration: 1 - 6 months
STARTER PLAN LEVEL 2:
- Minimum deposit: $500
- Expected profit: 2.75%
- Duration: 1 - 6 months
BRONZE PLAN LEVEL 3:
- Minimum deposit: $1,000
- Maximum deposit: $5,000
- Expected profit: 7.5%
- Duration: 1-2 months
BRONZE PLAN LEVEL 4:
- Minimum deposit: $6,000
- Maximum deposit: $9,000
- Expected profit: 15%
- Duration: 1-3 months
SILVER PLAN LEVEL 5:
- Minimum deposit: $10,000
- Maximum deposit: $20,000
- Expected profit: 30%
- Duration: 1-6 months
GOLD PLAN LEVEL 6:
- Minimum deposit: $30,000
- Maximum deposit: $65,000
- Expected profit: 50%
- Duration: 1-6 months
DIAMOND PLAN LEVEL 7:
- Minimum deposit: $75,000
- Maximum deposit: $200,000
- Expected profit: 75%
- Duration: Daily
Trading Platform
profitpointinvestment claims to offer the MT4/MT5 trading platform to its users, but the broker cannot be found on the MT4/MT5 platforms.
Deposits and Withdrawals
The official website of profitpointinvestment does not disclose the supported deposit and withdrawal methods.
Conclusion:
Traderknows reminds investors that profitpointinvestment is a fraudulent broker that lures investors with promises of high returns. In reality, it has no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
