Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Phoebe Yao
Within 1 year

Would it be safe and reliable to trade through Point72 as my broker?

Broker Issues
Point72
Regulation
01-04
United States
WikiFX
Reply

As a seasoned forex trader, I approach any potential broker with a high degree of caution, especially when it comes to the safety and reliability of my funds. With Point72, I see several factors worth considering. The firm has over 15 years in the industry and operates under recognized Hong Kong SFC regulation, which does provide a baseline of credibility and oversight. Their focus is primarily on futures contracts and sophisticated investment strategies, and they only cater to professional investors who meet strict regulatory criteria. This restricts accessibility and suggests that Point72 is not the typical retail forex brokerage. However, my due diligence highlights some concerns. There are user reports about withdrawal issues and incidents involving impersonation and scam claims—although these seem related to third-party platforms or fraudulent clones rather than direct operations of Point72 itself. This points to the importance of verifying you're dealing with the legitimate entity. Additionally, critical information for retail traders is missing, such as account types, fee structures, and direct customer support channels, making it difficult to assess everyday accessibility and transparency. Based on my experience, I’d say that while the regulatory status and company longevity are positives, the limited transparency and mixed user experiences mean I would exercise extreme caution. I would not treat Point72 as a typical trading broker for individual traders and would only consider them if I fit their professional client profile and performed thorough, independent verification and risk assessment.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com