Point Zero Trading Review: Is a scam?

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Point Zero Trading Review: Is a scam?

Arthur Lopez is the brains behind this Metatrader market place. Point Zero Trading ( review is here, and interested parties will learn a thing or two. The platform is a program whose owner develops expert advisors and indicators. Without using hype claims and promises, the vendor outright explains how the robots work. It seems the vendor is trying their best to create top quality trading tools. There are over 14 EAs and 27 indicators up for grabs. Read this entire post for more.

Point Zero Trading Review

To get a head start in the online trading world, you need to have adequate trading tools. Smart investors go for tested trading robots that are backed by experts and the trading community. These robots offer a more realistic chance of making it. Go for authentic trading tools that protect your investments. Learn how to trade with exceptional robots that protect your interests at all times. It is what successful traders are using to earn passive income with online trading.

About Point Zero Trading

The presentation is professional, as the homepage is easy to navigate. Information is laid out properly, and it’s easy to understand. There’s a cartoon picture of the developer, which is a bit odd due to the reality of matters. A real developer would show his face for facial recognition. Some parties will shy away from the platform for fear of anonymity. It would be prudent of the developer to show his face for transparency. With the cartoon depiction, we see it as a comic presentation in a business setting.

Another advantage of the homepage is that it’s not plastered with ill-intent. The developer goes straight to the point. Whatever users are facing, the investor will be able to address it on the homepage. Information on the review is what takes up most space on the homepage. Although there are positive reviews, we do find some negative reviews. We find it bold for the developer to post negative comments on his products. It goes to show the extent of transparency when it comes to expectations.

Assets covered by the trading tools

With over 40 trading tools, one expects the developer to cover all significant assets. There are some assets missing from the trading tools. Those who desire to trade CFDs on Crypto will not be able to use the platform. The other tools cover all purchases, including commodities, indices, forex, metals, and shares. Although the developer fails to explain the asset features, one has to sign up with a tool to find out. We feel that the developer should be straightforward with the assets the devices use.

Business owner’s trading history

Arthur Lopez’s trading history remains unclear as he gives no such information. Some investors want to get an idea of whose products they are using. For all we know, Arthur could be a synonymous name affiliated with the website. There is no credible way of getting to find out his trading experience. The least he would have done is post a video of his live trading. It shows that the vendor is only interested in selling his trading tools to users. Get to know who will be held liable in case of any unforeseen problems. Make sure to avoid anonymity in any online investment venture.

Comments from users

PointZero Trading Comments

At the bottom of their homepage, there are comments from various users. As we stated earlier, the vendor has posted both positive and negative comments. Although the positive comments outweigh the negative on his homepage, other reviewers tend to differ. Wayne Thompson bought one of the indicators, and he completely rubbishes the trading tools. He claims that the indicators indicated a high profit only for him to incur huge losses. A screenshot of his comment is attached for all to see.

Discounts available

There’s a $500 welcome bonus available on the platform. It is clear the developer does not follow strict regulations. Regulators have banned the use of welcome bonuses in the online trading world. The reason is that these bonuses are held as ransom and block withdrawals from users. Before you make any withdrawal, one must pay back the welcome bonus. Even if your account has the balance to settle it, they want another deposit. Once you deposit, they might decide to close your account.

Domain information

According to the domain tools checker, the website is over eight years old. The exact date the site went live was 26th August 2012. They have their servers located in London, even though their official address in Hong Kong. One would expect that a developer wants to be close to his/her servers. Another issue that must be pointed out is the number of IP changes over the past eight years. There have been five unique IP changes recorded over the past eight years. It means the platform might have changed ownership for the last few years.

Features of Point Zero Trading

What makes this trading tool a shopping store different from others is the lack of hyper-marketing. The developer does not claim that the indicators will make you huge profit margins. There is quality in their products as the vendor has over eight years in the industry. Security is another vital attribute as the tools are coded with great care. There is flexibility with their indicators that help match different risk profiles. Most of their trading tools are for free, which is the right place for beginners to learn the ropes.

License and registration of Point Zero Trading

Point Zero Trading is a platform with no legit licensing documents to prove its authenticity. It means that they have not undergone any testing from official regulators. There is a license number at the footer of their homepage. Users should note that this is a business license and not a permit from regulators. Without a valid license, it sets the motion for underhand dealings from the vendor. Your investments are not safe from this kind of a trading program.

Pros and cons of Point Zero Trading

Available EAs and indicators

Point Zero Trading Indicators

Point Zero Trading is furnishing users with EAs that range from $99 to $499. These include Latency Arbitrage, which goes for $499, and Trade Manager Pro that goes for $99. There are no results to prove the efficiency of these robots. The indicators are Harmonacci patterns goes for the highest price, and Candlestick patterns goes for the lowest price. There are still no results from FX Blue or myfxbook to prove these indicators have a high accuracy level. And this poses a huge problem for investors. Most investors are signing up blindly, not knowing what to expect with the tools.

Depository channels

Some of the depository options include Bitcoin, MasterCard, PayPal, Skrill, and Visa. We have not heard of any complaints regarding depositing or withdrawing. It would be nice to hear from users who have made withdrawals with the platform. It should be mandatory that any developer quotes their terms and conditions to avert any misconceptions.

Results and trading performance of Point Zero Trading

It’s a shame that with all their trading tools, they rely on backtests and no myfxbook accounts. The myfxbook account available can’t be trusted as the results date back to 2015. What is clear is that the developer has not been tracking the performance of their tools. There are no updates on trading performance and results, which is a shame. The lack of a clear and proven product is enough for us to back out of signing up with any of the tools.

Scam or Legit Point Zero Trading

Point Zero Trading Assets

Point Zero Trading is a training program that is well presented to consumers. The only problem is that there are no results to show the capability of the tools. Backtests are not as reliable as they don’t cover a real trading account. And this is possibly their downfall.

Bottom line

We won’t be recommending a platform without valid trading results. Once this changes, we will go back and reconsider our stand.

Make the right decision and sign up with trustworthy, forex trading robots. These robots are a game-changer as they help all classes of investors. With your investment in good hands, you trade with confidence. What are you waiting for?

We wish all our readers a lucrative and safe trading experience.

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