1. General Information About the Broker
Growth Points LLC broker (growthpointsllc.com) launched in February 2024. The site promotes portfolios, forex, and real estate investments. Scam Detector gives it a 49.5/100 trust score. WHOIS shows a private Delaware registration with hidden data. This secrecy suggests possible concealment of true operators.
2. Claimed Licenses and Regulation
Growth Points LLC broker (growthpointsllc.com) claims to manage complex assets. However, no licenses appear with U.S. SEC or FINMA. BrokersView also flags it as a confirmed scam as of June 2025. This clearly shows operation without legal oversight and protection.
3. Trading Conditions
The website references options copy trading and forex access. But it hides critical info like spreads, commissions, and leverage. No account tiers or minimum deposit details are published. Omitting these details suggests hidden costs and poor transparency.
4. Trading Platform and Technology
They claim to use “Mirror Trades” via popular platforms like Robinhood. However, no demo access or software screenshots are available. Users cannot test the actual platform performance. This lack raises doubts on operational existence and safety.
5. Client Reviews and Feedback
Reddit user warns they paid $20k and got no real services. Others note aggressive removal of negative feedback. Scam Detector and BrokersView label it suspicious and unreliable. No success stories or valid client testimonials exist.
6. Potential Scam Strategies
Growth Points LLC broker may use high-return marketing to attract funds. It likely charges upfront without delivering promised services. They may delete negative reviews to protect reputation. Hidden jurisdiction registration can complicate legal accountability.
7. Expert Opinion
Scam Detector’s medium-risk score suggests caution. BrokersView confirms it as fake forex broker. Reddit feedback warns of poor service and bait-and-switch tactics. Experts see classic scam signs: secrecy, lack of transparency, false promises.
8. Conclusion
All evidence indicates Growth Points LLC broker is fraudulent. It operates unregulated, hides costs, and conceals identity. Clients risk losing deposits with zero protection or recourse. We strongly advise avoiding Growth Points LLC broker. Instead, choose brokers regulated by FCA, ASIC, or CySEC for safety.
