



Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be.
Our slippage data about Trading Point is sampled by 10 of the most popular forex trading strategies in Zulutrade.com.
Forex Cruise Control is a counter trend strategy, trading exclusively GBP/USD
Average profit: 9.0 pips
Average trade lifespan: 7 hours
Average profit: 12.0 pips
Average trade lifespan: 22 hours
Average profit: 9.0 pips
Average trade lifespan: 9 hours
Average pips/trade: 5.0
Average trade lifespan: 6 hours
Average pips/trade: 10.0
Average trade lifespan: 15 hours
Average profit: 15.0 pips
Average trade lifespan: 14 hours
Average profit: 12.0 pips
Average trade lifespan: 21 hours
Average pips/trade: 7.0
Average trade lifespan: 17 hours
Average profit: 10.0 pips
Average trade lifespan: 21 hours
GBP Profit is a counter-trend trading strategy, selling GBP crosses.
Average profit: 40.0 pips
Why Trading Point?
Licensed in the EU
Tight Spreads from 1 Pip
Leverage up to 500:1
20% First Deposit Bonus
24 Hour Support
No Requotes
Personal Account Managers
Automated Trading
10% Loyalty Bonus
Phone Trading
Hedging Allowed
Islamic Account
4.4
Trading Point Micro Account:
Trading Point Standard Account:
Trading Point Executive Account:
Spread:
Varialble spread, from 1 pip
Dealing:
STP Straight Through Processing
99.85% order execution under 1 second
Deposit/Withdraw
Bank wire, Credit Card, Neteller, MoneyBookers, Liberty Reserve, Webmoney
Forex Trading Platform: Metatrader
Forex Signals:
Trading Point partners with Zulutrade to provide its clients with access to the forex signal providers
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Even though Trading Point does not have any offices and/or operations in the U.S. and does not engage in the solicitation of clients, it appears that the CFTC does not allow us to offer our services on a cross-border basis to U.S. Clients, without being registered as a Futures Commission Merchant (FCM) in the United States and complying with the US regulatory framework for retail foreign exchange transactions.
In light of these developments, it is with great regret that we have to inform you that Trading Point will no longer be able to accept any transactions from U.S. residents.
Accordingly, by the 15th of February 2012 no later than 22:00 Central European Time (CET) - 5:00 PM Eastern Standard Time (EST), all open positions and all pending orders in your account with Trading Point must be closed. Any positions left open at that time will be automatically closed at the last available price and all pending orders will be cancelled.
I'm with Trading Point for the last 6 months. I'm averaging 10 trades a day and execution is the best I've ever experienced. I've traded with FXCM, Traders Trust, Interbank FX, Forex.com so I know what I'm talking about.
TP's spread is average, but my orders are always filled without slippage. Customer service is excellent, deposits and withdrawals are flawless - I've never had to wait for my money longer than my bank need to receive the wire.
Trading point don't provide tutorial and webinars for beginners and many of them lose their money for a month or two and then blame their broker.
I'm trading with TP for a couple of months and my experience is quite good:
Customer service (by chat and phone)is excellent: Diana and Nikos always helped me whenever I need help. Often I closed the chat with the problem resolved. Besides Diana speaks Italian :)
I'm not a scalper but trend follower, so the the spread it's not important for my trading; Anyway I never noticed spread unusual widening on the major pairs I trade (AUD/USD and GBP/USD).
I requested a withdrawal a couple of weeks ago via credit card (for an amount equal to the amount I deposited by that card) and via bank wire (for a small amount). Diana and Nikos helped me for my first withdrawal .. and of course that the money just arrived on my bank account as promised.
Believe me: no scam ... no fraud. I highly recommend this broker.
I have been trading with Trading Point for 6 months now and I can say that this is the best forex broker I have ever seen. The problems with my first deposit and welcome bonus were solved before the chat with the customer service has ended.
TP is registered with the FSA UK and a regulated by the CySEC, so their legality cannot be questioned.
I have an account with Trading Point for about 4 months now.
I tried scalping, carry trade, automated trading etc, so I contacted customer service on different occasions...and I am satisfied with them overall.
One thing to mention:
A couple of weeks ago the spreads get quite high. I contacted customers service and they told me that it's because of general market conditions.
Usually the spreads are quite low, about 2 pips on EUR/USD and USD/JPY.
I hope the spread will tighten as soon as market volatility decrease.
I opened an account with Trading Point and fund it through MoneyBookers. My money was in my trading account in less than 1 hour. That was on the 4th of January 2011
I made a couple of trades, and even thought I am a bit away from the server (250 ms ping) my order execution took 1375 ms, with 0 slippage. That was impressive.
I did make some money, and I requested a withdrawal at about 15.00 gmt. It is now 18.30 gmt, and my money came throught moneybookers. This is what I call damn fast! Keep up the good work.
I will publish the same experience in other places. Trading point deserve it.
Trading Point and Go Markets seem like the most reasonable choice for any trader looking for high leverage and No Dealing Desk trading.
I have accounts with Trading Point and Go Markets and I can say that overall I do prefer Trading Point. Their spreads are slightly wider, but execution is faster and slippage is smaller.
100% recommended. I give them 5 stars for their good service and fast back office.
I am trading with TP for the last 3 months. I just wished they had lower spread during Tokyo session for EURUSD.
Comments from people claiming that TP widens spread during News releases is FALSE.
Only thing I really worry about Trading Point is that they are Market Maker. Words on the street that Market Makers can get ugly on traders who are too profitable. I Just hope that TP will not turn out to be that kind of broker.
When I first read about the no re-quotes policy and that they provide news trading and allow scalping, I was very very skeptical as all this does sound too good to be true.
I opened a small account to try out trading at news hours and I am very pleased to see that they live up to their claims. I have not deposited a substantial amount ($200) but will gradually deposit more if they keep things as they are. I am gonna test first $1000, then $5000 and then more if they are still executing me so fast.
I opened a forex tradign account with Trading-Point a few days ago. The sign up process was fast and easy. My account was live within 5 minutes
I did have a technical problem with the OIL not showing on my live Metatrader platform (MT4). Trading point were aware of it and after a couple of emails the problem was solved. I can promise you they will do their best to make things right!
If you open an account with Trading-Point they will add an extra 20% to your first deposit.
I hope they will launch an web trading platform soon because I am a Mac user and I hate switching to Windows mode everytime I wanna trade.
I do not like the fact that Trading Point dont have instant execution and execute my market orders at first price possible. I prefer instant execution because I do not use scalping techniques neither news trading.
I stay with this forex broker because the money that you earn is yours! The best thing I love about Trading Point is the deposit/withdrawal method they use. You can deposit using PayPal/Moneybookers and request a withdrawal to any of these two payment systems.
I have been with Trading Point for the last 3 months and they are GREAT. The spreads are low, the deposits and withdrawals are on time.
I find their daily forex news very helpful for trade setting. MT4 trading platform works fine with all of mine EA's and if you experience any problems Trading Point support stuff is right there to help you.
Thanks for the BONUS GUYS ;)
I was looking for a forex broker and a friend of mine recommended me Trading Point.
I’ve been trading with this forex broker for 2 months now. I had little issues with MT trading platform and they were resolved by Trading Point’s support very quickly.
Now I have no problems whatsoever, great customer service, fast deposit and withdrawals. Highly recommended.
I am trading forex for nearly 2 years now. I was with FXCM, Alpari and other forex brokers.
In all this time I have never found a forex broker which is so good with Expert Advisors (EAs). I bought for $400 and I had some questions using it. Trading Point support department solved my problem very quickly.
They only bad thing I have to mention about them is that their exotic currency pairs spread are a litttle bit wide. But anyway, I trade the major ones.
I am definitely going to stay with them.
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