I have to say sth here.

First I'm new to forex and my friend introduced me to this broker. My account number is 32731.

At first, my account manager is so good and i felt like i was in heaven. But after i used this broker for a while, I saw many bad rating here and i was scared in some way that maybe it's very hard to make a withdrawal. So i requested a withdrawal by Liberty Reserve yesterday and their backoffice wanted me to provide the screenshot of my LR account. I sent them the screenshot this afternoon and within 1 HOUR(40min actually), i received the money.

The only disadvantage as far is that traders have to provide the proof of identity and residency. As in China, proof of residency isn't as usual as other foreign countries, so it took me some time to get this. But anyway, this procedure of validating the account is an reliable way to secure the fund safety.

In conclusion, i got an outstanding service and had super fast first withdrawal with this broker. I hope you can open an office in China so that more chinese traders can be your client.

Keep Good working.

Wallace

Dear Chris Zacharia,

First, I don't make any tactics, i just tell the truth according to my experience. and about the account balance, it's may you add it to my account after you read my blogs, it's just an amount and will not become withdrawable and it's the truth.

Second, Just re-read my blog carefully, i not say my friend deposit for $10k, but she plan to deposit $10k, and $2k at the first.

Third, I check my parter cabinet at the end of march 2012, i see nothing, it's not the same with the statement you said "Thirdly: Commissions in an account do not show automatically when a trade is executed the system updates every 24 hours with exclusion to weekends." From this case, now, i'am sure you are really SCAM!!! and please note, i have the "print screen" at end of march that show my cabinet still got nothing.

Fourth, I have no reason to make more argue about this, but i'am sure about my statement that my account manager have been changed.

Fifth, my friend come to me before make re-deposit, i just think i must not be selfish because of my problem with trading-point.com and i have a chance to retest trading-point for second time, and i let she to make redeposit to trading-point.com. and the result, you are true SCAM forex broker. and at the end of the day you have "BIG SMILE", got almost $5000 revenue without any payout. it's right?

Sixth, i will not make any apologize as you adviced, i very sure about my way. i not do any marketing activity that out of your affiliate term & agreement, it's true that i reffering 2 clients which are the same person, it's caused by your verification procedure for the first account, but it's not self refferal. if it's my own account, do you think i will make redeposit? i'am not too stupid to do that. lol

Summary:
I think you should revise your general ethical behavior before you come to trusted forex broker.
I consider your comments and practice, unacceptable, unethical and above all NON transparent.

Thank you.

I have not to much to say, just totally scam, i have my own case, visit http://tradingpointscam.wordpress.com

Chris A. Zacharia – Official Representative of Trading Point of Financial Instruments Ltd.

Dear Sam,

Thank you for your review and additionally thank you for noting the Pro’s of Trading Point however it seems you have a wrong understanding of trading terms and policies which have caused your worries about what you have noted as cons above.

Firstly on the representation you show on EURUSD spread is 2.5 pips and not 25 pips which is totally Impossible at this particular time in time. Please note that spreads at Trading Point are quoted on the 5th decimal place and are additionally variable according to market liquidity therefore averaging at 1.9 pips and going as low as 1 pip at very liquid times.

"Sell" orders are being opened at "bid" price and closed at "ask" price , "buy" orders being opened at "ask" price and closed at "bid" price.

On the chart you can see the graphical representation of the " bid" price .In order to display the "ask" line you need to right click on chart go properties/common and "tick" the "show ask line" option (please make sure that color settings of ask line need to be different that the color of background).

With regards to your screen shot which you uploaded and I have made some notes on an re-uploaded here http://www.trading-point.com/images/TP-screen.png I would like to point that the "ask" price (closing price of "sell"orders ) at that moment (20:27:51) was 1.32380 the "bid" price at that moment was 1.32357.

Your take profit of that specific order has been set at 1.32360 , therefore , it should trigger when "ask" price reaches that level.

That happened at few minutes later (20:40:58) the "bid" price reached 1.32335 and "ask" price reached 1.32358 , first time crossed your T/P level (1.32360) and ,as result the trade has been closed.

As for the stop/limit levels , please note that those are specific to all the instruments and are noted here --> http://www.trading-point.com/download/docs/spreads-micro.pdf ,EUR/USD is set up at 40points (4 pips) , which is twice an average spread on this instrument.

I hope all the above has cleared things for you, if you might need additional help or clarifications in regards to online trading, forex or the MT4 platform you can contact me directly at chris@trading-point.com and I will be glad to arrange a session with one of our account managers before you decide to start trading with real money.

I would advice you take the time to understand the basics of forex trading to avoid any future problems and possible losses with real funds.

Regards,

Chris A. Zacharia - Official Representative of Trading Point of Financial Instruments Ltd.

Ive been trying to find a good broker with MT4 platform and had done alot of reasearch/read alot of reviews. Out of all of the MT4 brokers I came across, TP appeared to have the best ratings so decided to open a demo account to get more accustomed to MT4. Even though I havent been trading in the industry for very long, Ive done extensive research on trends, markets, indicators etc and I also have accounts with other brokers it Option Bit, eToro.

PROs:
Operators at live chat are very helpful and supportive.
No requotes/slippage.

CONs:
Wide spreads (EURUSD is 25 pips!)
SL and TP have to differ from market price by AT LEAST 40 pips (is this normal???)
Orders dont close as they should.

Eg
Put in an order to SELL EURUSD
Executed @ 1.32396
SL @ 1.32441
TP @ 1.32360

The market price went past my TP TWICE and my order was still active. I have a screen shot here (look at the last 3 candles:

This was the SECOND time this happened! First time round, my order closed when prices closed past my TP and then started to increase.

Very disappointed but Im fortunate I didnt loose out on any real money!

Best Broker ever,fast withdrawal,fast execution,had no problem with them since now...provide verity of platforms for pc and smart phones...trading point is my favorite broker..

I have to try Any Broker..but in Trading Point very good...Really No Reqouete..and very speed...Good Broker..and High Recomanded