About CityPoint China
Overview
CityPoint China is a broker registered in China and founded on April 28, 2018. Its official website is citypointchina.com. According to our records, the company claims to be regulated by the UK Financial Conduct Authority (FCA) with a Market Making (MM) licence, but the status of this licence is not specified.
This limited information raises significant questions. The FCA licence, if active, would typically provide a layer of oversight for UK-based operations, but the broker's registration in China and lack of verifiable web presence make it difficult to confirm its actual regulatory standing.
Regulatory Status
The only regulator on file for CityPoint China is the FCA, with a licence type of Market Making. However, no status is indicated – it could be active, suspended, or cancelled. This ambiguity is a red flag, as traders rely on clear regulatory status to assess a broker's credibility.
Without independent verification from the FCA register (which we cannot perform due to lack of a direct link), the broker's regulatory claims remain unsubstantiated. Given the severe scam risk score of 85/100, extreme caution is warranted.
Trading Services
No specific details about trading services, account types, platforms, instruments, or funding methods are available from official sources. The broker's website may provide this information, but we were unable to access or verify its contents.
In the absence of transparent information, potential traders should assume a high degree of risk. The severe scam risk score suggests that this broker may not operate legitimately or may have significant compliance failures.
Target Audience
The broker appears to target retail traders, given its purported Market Making licence. However, without confirmed services or regulatory clarity, it is unclear what client base it serves.
Traders considering this broker should be aware that the combination of a high-risk score and minimal public information is a strong indicator of potential fraud or operational issues.
Conclusion
CityPoint China presents a high-risk profile due to unresolved regulatory status, lack of verifiable web presence, and a severe scam risk score. Traders are strongly advised to avoid depositing funds until independent verification and transparent operations are established.
FXCanary recommends consulting official regulatory databases and seeking brokers with clear, active licences from reputable authorities.
Overview compiled by FXCanary from regulatory records and public data. full CityPoint China review