Should you trust an offshore company that lists a UK office address while saying nothing about regulation by strict financial authorities? That is not the best idea, as such a broker can easily turn out to be a scam. Today, we will take a closer look at a platform that has many suspiciously positive reviews. What does RichPointCapital offer, what are its terms, and are there any signs of fraud?
Brief Overview
- 🖥Official Website: https://www.richpointcapital.com
- ✈️Contact Address: Canary Wharf, 1 Canada Square, London E14 5AA, United Kingdom
- 📞Customer Support: support@richpointcapital.io, +442081752897
- 🔐Licensing and Accreditation: –
- ⏳Track Record: 2023
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: €1,000, 1:100
- 💰Additional Services: account manager, trading sessions, market reviews, money management plan
Richpointcapital.com Examination
The company’s official website looks standard and typical for a broker. However, it is important to add — typical of a dangerous and illegal one. First of all, all the images are literally taken from Google Images: smartphones, Bitcoin icons, and logos of major companies are downloaded from open photo banks. There is not a single real photograph — not of the office, not of the team, and not of the management. Take a look at how top brokers like Interactive Brokers or XM do it — they always feature real employee photos, biographies of directors, and LinkedIn profile links. Here, it is nothing but cartoonish icons.
Secondly, the content is low quality. RichPointCapital is full of pompous and pseudo-motivational language. Here are a few examples:
- “Unleash your trading prowess with our pioneering technology”.
- “Amplify your profit potential”.
- “Embark on a journey to financial triumph”.
These exact same meaningless phrases are constantly being seen on the websites of other dishonest companies. It feels like all these illegal firms are copying text from the same place. The content is clearly written to trigger emotions and extract money — not to explain how the company actually works.
There is no information about the company’s founding date. It does not say when operations began or who started them. For comparison, visit the websites of IG Group or OANDA — you can find the company history, legal entity, year of registration, and all licenses right on the homepage.
There is no explanation of the business model. Is RichPointCapital operating under an A-book or B-book model? Do they trade against the client or route orders to liquidity providers? Nothing is mentioned. This likely means a standard 100% B-book scenario, where the broker simply trades against clients and pockets their losses.
There is nothing praiseworthy about a website this poorly made. Many key details are missing; the layout is generic, and the site is filled with meaningless text that wastes the user’s time and offers no unique value.
Company Contacts
All customer support issues at RichPointCapital are supposedly handled through a contact form, email, or phone call. Yet the most convenient modern method, online chat, is completely absent. There are also no social media accounts or messenger channels where users can get updates or reach out to company representatives.
However, the biggest issue is not even the lack of convenient communication options — it’s something worse. Writing to their email is pointless because the address is fake. RichPointCapital lists a non-existent email address, and that is a major red flag.
Key Conditions
RichPointCapital offers as many as seven account types, each supposedly featuring “enhanced” conditions. However, the truth is that this is nothing more than a classic investment scam model. The entry-level plan starts at €1,000. The next tiers are €5,000, €10,000, €25,000, €50,000, €100,000, and €250,000+. For comparison, brokers like Exness, RoboForex, and FBS allow clients to start with as little as $1-$10. They offer demo accounts, cent accounts, and micro accounts to help beginners learn. Our review subject offers none of that. Just the hard sell: invest at least a thousand euros — most likely to lose them.
There is no demo account. Which means you cannot test anything. This is one of the biggest red flags. All legitimate brokers offer demo access. This firm deliberately avoids it. Why? Because it does not want clients to examine conditions, spreads, or order execution. They want the trader to deposit real money right away, and get trapped.
RichPointCapital also promises “monthly dividends” of up to 3%. This is outright financial manipulation. No legitimate broker does this. A broker is a market intermediary, not an asset manager. Only HYIPs and Ponzi schemes promise such high returns. It is designed purely to create the illusion of profitability.
The website does not disclose:
- Spread size (fixed, floating? From how many points?).
- Order fees.
- Margin requirements.
- Swaps.
In other words, the trader has no idea how much a trade will actually cost, which is the foundation of any trading strategy. RichPointCapital hides the most critical trading conditions.
Their business model presents a direct conflict of interest, where the platform profits from client losses. Additionally, the account types are structured under a “pay more — get better conditions” scheme, which is another hallmark of a fraudulent company.
Exposing RichPointCapital
Let’s start with the basics: the company’s website does not mention a founding date. There is no “About Us” section with a timeline, case studies, experience, or development history. And that is no accident. A domain lookup reveals that the official website, richpointcapital.com, was registered on April 24, 2023. In other words, the platform has been around for only two years — a very short time by brokerage standards.
The firm boasts about having an office in the United Kingdom, which immediately raises the question: where is the FCA license? The company does not appear in the FCA registry, meaning it is not authorized to provide investment or brokerage services in the UK.
If the firm truly operated in the UK, it would be registered with Companies House, the official registry of legal entities. We checked: RichPointCapital is not listed in the database. This means that the company does not physically exist in the UK. The British address on the website is nothing more than a prop to create the illusion of legitimacy.
At the bottom of the website, the legal representative is listed as Nocim Venture Inc., with SVGFSA license number 25628. Yes, this company does exist in the St. Vincent and the Grenadines database. However, since 2018, the SVGFSA has officially not regulated forex brokers. A direct quote from their website states: “The FSA does not license, regulate or supervise international companies which engage in forex trading or brokerage”. This means the so-called “license” is nothing more than a simple business registration. No oversight, no accountability, and no protection for clients.
Most importantly, there is no verified link between Nocim Venture Inc. and RichPointCapital. The broker simply borrowed the name of a registered entity and pasted it into their website footer. This is a common tactic used by scam brokers.
What Reviews Do Users Leave?
The positive reviews about RichPointCapital are fake, created to mislead new victims. They follow a typical script: the supposed client signs up, receives amazing service, earns money, withdraws it, and now “recommends it to everyone”. Not a single review includes specific facts — no names of managers, no asset details, no payout screenshots. This is standard practice among scam brokers to hide the real volume of complaints and create a false sense of trust. Amid the fake reviews, it is clear that real feedback is either deleted or quickly buried under a flood of “five-star” praise.
Conclusions
RichPointCapital displays every hallmark of a classic forex scam: no license, fake office address, phony contact information, high minimum deposit, and hidden trading terms. Everything points to one conclusion: dealing with this company is dangerous for your money. That is why we do not recommend this broker.
Pros/Cons
- None.
- The UK office and contacts listed are fake.
- There is no regulation by the financial commissions, which means the activity is illegal.
- All important trading conditions are hidden.
- The broker publishes fake positive reviews.
The trading conditions are absolutely terrible. There is no information about spreads, orders are executed with slippage, and the terminal lags — it is clearly a fake platform, not a real market. Trades are executed with delays, and stop-losses trigger in the wrong places. No strategy works because everything feels rigged. I strongly advise you not to trade here.
I am not a client of RichPointCapital and never planned to become one. But I can immediately say—this is a scam. No license, no team, no transparent terms — only bonuses. These fake brokers follow a well-practiced script: lure you in with attractive offers, then block withdrawals. For anyone thinking about getting involved — don’t even consider it. You will lose your money and your time.