Reported as a scam / unregulated
Why TradingPoint is on the register
TradingPoint claims to be authorized by the Cyprus Securities and Exchange Commission(CySEC). However, while a licence under the stated details does appear in the official CySEC register, the registered website domain associated with that licence does not match the website currently used by TradingPoint. This mismatch raises serious doubts about whether TradingPoint is genuinely operating under the claimed authorization. Moreover, TradingPoint does not provide any additional verifiable licensing information or clarification regarding this discrepancy. Until the firm can demonstrate that its current website and operations are explicitly covered by a valid licence, we assess TradingPoint as likely unlicensed or potentially fraudulent. Therefore, TradingPoint appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you to the right next step. We never ask for up-front recovery fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.