Threat Profile
Marketed through bitbyfx.com, Trading Point of Financial Instruments Pty Ltd solicits deposits from retail investors for crypto and forex-style trading. CryptoCISO flagged the operator during routine counterparty-risk screening.
Regulatory Posture
Our licensing review found no evidence that Trading Point of Financial Instruments Pty Ltd is authorised by any competent regulator. References point only to an offshore incorporation in Australia, which grants company status but explicitly does not license forex or crypto trading. That gap leaves client funds without statutory protection.
On-Chain & Operational Notes
On-chain, platforms in this category tend to consolidate client deposits into a small set of collection wallets before dispersing them across exchanges and bridges. Capturing the deposit trail and counterparty addresses early is critical to any later tracing effort.
Indicators We Flagged
- Aggressive or unsolicited outreach and pressure to deposit quickly
- Crypto-only deposits that bypass chargeback protections
- Cloned or template website design shared with other flagged operators
- Withdrawal friction reported – delays, surprise ‘fees’, or frozen balances
CryptoCISO Risk Verdict
On balance, Trading Point of Financial Instruments Pty Ltd carries a severe risk profile. The evidence points away from a legitimate, supervised brokerage and toward an operation structured to retain deposits.
If Your Funds Are Exposed
Should you be exposed, halt further payments and ignore demands for upfront fees to ‘free’ your balance. Gather your evidence – TXIDs, wallet addresses, screenshots, and correspondence – while it is still accessible. Early, organised evidence is what makes downstream tracing and reporting viable.