Grampoint Review : Fees, Pros and Cons, Reviews by Real Traders

Grampoint

Operating status: SCAM

Website: https://www.grampointclub.com/

Broker violations and abnormal records

Jul 10, 2023 The NZ FMA issued a warning against Grampoint
On July 11, 2023, the New Zealand Financial Markets Authority (NZ FMA) issued a warning against Grampoint, stating that the broker is not registered to provide financial services in New Zealand and is unreasonably withholding funds: https://www.fma.govt.nz/library/warnings-and-alerts/grampoint/

On July 11, 2023, the New Zealand Financial Markets Authority (NZ FMA) issued a warning against Grampoint, stating that the broker is not registered to provide financial services in New Zealand and is unreasonably withholding funds: https://www.fma.govt.nz/library/warnings-and-alerts/grampoint/
Jul 10, 2023 BrokersView has reviewed that Grampoint is an unregulated broker
Grampoint displays a certificate to support its claim that it is legally registered in New Zealand. However, the New Zealand Financial Markets Authority (NZ FMA) issued a warning against this trading platform, stating that Grampoint is falsely claiming to be a New Zealand company and is not registered to provide financial services in New Zealand.
Grampoint also claims that it is regulated by the U.S. Securities and Exchange Commission (SEC) and the Investment Industry Regulatory Organization of Canada (IIROC). However, our search for this company in the aforementioned regulators' registers didn't yield any results.
In essence, Grampoint is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Grampoint displays a certificate to support its claim that it is legally registered in New Zealand. However, the New Zealand Financial Markets Authority (NZ FMA) issued a warning against this trading platform, stating that Grampoint is falsely claiming to be a New Zealand company and is not registered to provide financial services in New Zealand.Grampoint also claims that it is regulated by the U.S. Securities and Exchange Commission (SEC) and the Investment Industry Regulatory Organization of Canada (IIROC). However, our search for this company in the aforementioned regulators' registers didn't yield any results.In essence, Grampoint is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Nov 18, 2025 BrokersView has identified that Grampoint's website is currently offline
BrokersView found that the domain "https://www.grampointclub.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "https://www.grampointclub.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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