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Name: Pinpoint TradeOption
Website: pinpoint-tradeoption.org
Pinpoint TradeOption presents itself as a professional forex and options broker, offering advanced tools, “segregated funds,” and secure trading. The website copy suggests safety and strong returns — exactly what new traders want to hear.
But once you dig deeper, the warning signs stack up fast:
• No recognised regulation. There’s no verifiable license from trusted regulators (FCA, ASIC, CySEC, etc.). Without that oversight, client protections and official complaint channels are effectively absent.
• Regulator warnings. The New Zealand Financial Markets Authority (FMA) has already listed Pinpoint TradeOption among unlicensed trading platforms flagged for withholding client funds and operating duplicate websites.
• User complaints about withdrawals. Review boards and watchdog sites describe accounts being frozen, extra “verification fees” demanded, and withdrawals blocked once deposits are made.
• Weak trust footprint. Trustpilot shows only a couple of reviews (all negative, 1-star). WHOIS data is hidden, the domain is recent, and credibility scores on broker-rating sites are very low.
• Likely part of a scam network. Pinpoint TradeOption’s design and wording appear in connection with other known scam domains flagged by regulators, suggesting it’s not a standalone operation.
Bottom line: Pinpoint TradeOption looks less like a serious broker and more like a high-risk scheme. The lack of regulation, regulator warnings, user complaints, and poor trust signals make it extremely unsafe. Avoid depositing funds, and if you already have, collect evidence and contact your bank or card issuer immediately about possible recovery.
pinpoint-tradeoption.org is rated 1 out of 5 stars on Broker Review, based on major reviews.
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