BrokersView has reviewed that CenterPoint Securities is an Unregulated Forex Broker CenterPoint Securities claims it is a division of Precision Securities LLC, a company that has memberships in the US Financial Industry Regulatory Authority (FINRA) and US Securities Investor Protection Corporation (SIPC). However, both these two authorities are not financial regulators that approve licenses for forex brokers. As per the United States law, all firms and individuals offering forex services in the US have to be authorized or registered by the US financial regulator - NFA. However, we did not find any match results to CenterPoint Securities in NFA. That means CenterPoint Securities is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

How does funding work at Centerpoint Securities?? Dear Investor, We do not recommend engaging in any transactions with CenterPoint Securities, as it may be a fraudulent trading platform. The platform claims to be operated by Clear Street LLC and regulated by the Financial Industry Regulatory Authority (FINRA). While we did find this company registered in the FINRA database, please note that FINRA is merely a private, non-governmental self-regulatory organization and does not have the authority to regulate forex trading. In the United States, the true regulatory body for this sector is the National Futures Association (NFA). However, our search in the NFA system revealed no records associated with this company. Therefore, CenterPoint Securities is effectively unregulated in the forex trading sector, posing significant risks to your capital. We strongly advise you to avoid any transactions or dealings with this platform to protect your financial security. View Source