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CenterPoint Securities

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Operating status: SCAM

Website: https://www.centerpointsecurities.com/

Broker violations and abnormal records
  • 2022-04-26 BrokersView has reviewed that CenterPoint Securities is an Unregulated Forex Broker

    CenterPoint Securities claims it is a division of Precision Securities LLC, a company that has memberships in the US Financial Industry Regulatory Authority (FINRA) and US Securities Investor Protection Corporation (SIPC). However, both these two authorities are not financial regulators that approve licenses for forex brokers.

    As per the United States law, all firms and individuals offering forex services in the US have to be authorized or registered by the US financial regulator - NFA. However, we did not find any match results to CenterPoint Securities in NFA. That means CenterPoint Securities is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

    CenterPoint Securities claims it is a division of Precision Securities LLC, a company that has memberships in the US Financial Industry Regulatory Authority (FINRA) and US Securities Investor Protection Corporation (SIPC). However, both these two authorities are not financial regulators that approve licenses for forex brokers.As per the United States law, all firms and individuals offering forex services in the US have to be authorized or registered by the US financial regulator - NFA. However, we did not find any match results to CenterPoint Securities in NFA. That means CenterPoint Securities is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

15 comments

Georgiy usman atif
No relevant contents at all, their guys called me crazily to make investments here, but I find out this broker is just a joke, a stupid liar trying to defraud clients…
2023-09-15
Reply
Brahmantya Essien
They are using our money to run their business. Even they are not able to confirm that which card is acceptable. Visa or Mastercard. They will hide you everything from you. So pls select another good broker!
2023-09-15
Reply
JeanPaul Gonzales
Once a broker company failed to honour withdraw request , just know that you’ve been scammed. avoid this broker.
2023-09-13
Reply
ASAD Wang
When you ask their live chat they will advice you to refund to same card. But you will never get your refund. I am struggling. Running behind their support team & my local bank.
2023-09-13
Reply
Richard Mills
That's one of the worse experience in all my trading history on CenterPoint Securities. The perfect way to lose time with all account / password obligation. You also need wallet password, master password.
2023-09-12
Reply
Amit Ko
CenterPoint's educational resources are basic and fail to provide in-depth insights needed to excel in today's complex markets.
2023-09-11
Reply
George Michael
The mobile app provided by CenterPoint is clunky and lacks essential features, making trading on the go a cumbersome experience.
2023-09-01
Reply
Chaitanya Gupta
Despite advertising competitive rates, the actual trading costs at CenterPoint Securities can add up due to various hidden fees.
2023-08-29
Reply
Mila? Sepanski
CenterPoint's platform lacks advanced charting tools and features that some other brokers offer, making it less appealing to serious traders.
2023-08-25
Reply
Travis Safdar
I've encountered issues with order execution delays, which is frustrating and can lead to significant losses during fast-moving markets.
2023-08-22
Reply

1-10 of 15 comments

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