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Blackstone500 foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.blackstone500.com/en-US/Account/Register, about the company's legal and temporary regulatory information, the company's address .

Blackstone500 Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Blackstone500
Abbreviation
Blackstone500
Company employee
--
Customer Service Email Address
support@blackstone500.com
Contact Number
442037699447
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: Blackstone500's official site - https://blackstone500.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Blackstone500 Review Summary Founded 2008 Registered Country/Region Switzerland Regulation No Regulation Market Instruments Forex, Indices, Commodities, Oil, Gas, and Cryptocurrency Demo Account N/A Leverage 1:30 (Maximum) Spread 1.3 pips (Standard) Commission N/A Trading Platform MT4 Minimum Deposit $250 Customer Support Email: support@blackstone500.com, Tel: +442036770120, Social Media: X, Facebook, LinkedIn What is Blackstone500? Blackstone500 is a broker founded in 2008 and based in Switzerland, which lacks regulation and has no available website. Pros & Cons Pros Cons MT4 Supported No Regulation Competitive Spread Dead Website Pros: MT4 Supported: Blackstone500 offers support for the widely used MetaTrader 4 (MT4) trading platform, known for its advanced charting tools, technical analysis capabilities, and automated trading features, enhancing the trading experience for users. Competitive Spread: Blackstone500 provides competitive spreads, so traders have access to favorable pricing when executing their trades, potentially reducing trading costs and maximizing profitability. Cons: No Regulation: One drawback of Blackstone500 is the absence of regulation, which raises concerns about the safety and security of funds, as regulated brokers are subject to strict oversight and compliance standards to protect investors. Dead Website: Another downside is the reported inactivity or unavailability of the company's website, which hinders access to essential information, updates, and support resources, impacting the user experience and transparency of the brokerage. Is Blackstone500 Safe or Scam? Regulatory Sight: Blackstone500 is currently operating without regulatory oversight, which means it does not fall under the jurisdiction or supervision of any financial regulatory bodies. It also does not hold any licenses that would enable it to conduct its operations in the financial market. This lack of regulation poses numerous risks to investors, such as a lack of transparency, security concerns, and no guarantee of adherence to industry standards and practices. User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums. Security Measures: So far we haven't found any information about the security measures for this broker. Market Instruments Forex: Users can trade major, minor, and exotic currency pairs in the forex market, allowing them to speculate on currency exchange rate fluctuations. Indices: Traders can invest in indices representing various global markets, enabling them to take positions on the overall performance of stock exchanges. Commodities: Blackstone500 offers trading opportunities in commodities such as gold, silver, and other precious metals, as well as agricultural products, allowing investors to diversify their portfolios. Oil and Gas: The platform allows users to trade contracts for difference (CFDs) on oil and gas products, providing exposure to the energy market and the opportunity to capitalize on price movements. Cryptocurrency: Blackstone500 supports cryptocurrency trading, enabling users to buy and sell popular digital assets like Bitcoin, Ethereum, and Litecoin, as well as other altcoins. Account Types Standard Account: Suitable for novice traders starting their trading journey. Minimum deposit: $/€/£ 250. Leverage is set based on the trading instrument with a maximum of 1:30. Access to the Activ8 trading platform. Features include instant execution of orders, professional support, and a personal account manager. Bold Account: Designed for more experienced traders who are willing to take more risks. Minimum deposit: $/€/£ 3000. Includes all features of the Standard account plus access to a senior account analyst for additional assistance. VIP Account: Tailored for experienced or VIP traders. Minimum deposit: $/€/£ 12000. Offers all the features of the Standard and Bold accounts, along with access to a senior account chief analyst for enhanced support and potential profit generation. Leverage Blackstone500 offers a maximum leverage of 1:30, which is relatively conservative compared to some other brokers. This means that traders can control positions up to 30 times the value of their trading capital. While this limits potential profits, it also reduces the risk of significant losses, making it a safer option for traders, particularly those who are new to the market or prefer a more conservative approach to trading. Spread Blackstone500 provides competitive spreads across its account types. For the Standard Account, spreads start from 1.3 pips, while for the Bold Account, spreads begin at 1.5 pips. The VIP Account offers the tightest spreads, starting from just 0.1 pips. As traders move up the account tiers, they benefit from tighter spreads, which can lead to lower trading costs and increased profitability. Customer Support The customer support provided by Blackstone500 includes several channels for assistance. Users can reach out to the support team via email at support@blackstone500.comor by calling the provided telephone number at +442036770120. Additionally, customers can engage with the company through social media platforms such as Facebook and LinkedIn. Conclusion Blackstone500 is a broker with competitive spreads, relatively conservative leverage, and support on MT4. However, it currently holds no regulation, and combined with a dead website, we do not recommend this broker to any user. Frequently Asked Questions (FAQs) Q: Is Blackstone500 regulated or not? A: No, it is not regulated. Q: What is the lowest spread it can offer? A: The lowest spread it can offer is 0.1 pips. Q: What is the minimum deposit required to open an account on Blackstone500? A: The minimum deposit required is $/€/£ 250. Q: What is the maximum leverage it can offer? A: The maximum leverage it can offer is 1:30. Q: Does it support MT4/5? A: Yes, it does support MT4. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

VIP Account

Minimum Deposit
$/€/£ 12000

Bold Account

Minimum Deposit
$/€/£ 3000

  

Blackstone500 Forex Broker - Complete Information Guide

  

1. Broker Overview

  Blackstone500 is an international online trading corporation founded in 2008. The company claims to operate from its headquarters in Zurich, Switzerland, but it also provides a UK contact number, creating some ambiguity regarding its actual location. The broker is privately owned and has positioned itself to serve a diverse market of retail traders and institutional clients.

  The development of Blackstone500 has been marked by several milestones. Initially, it started as a local service provider in London, quickly expanding to multiple offices within six months. By 2009, Blackstone500 gained international recognition when it was shortlisted for the World's Best Financial Services Provider award. Over the years, the company has evolved its offerings, including a variety of trading instruments and advanced trading technologies.

  Despite its claims of being a reputable broker, Blackstone500 has faced scrutiny due to its lack of regulatory compliance and transparency. The company operates primarily in the retail forex market, offering trading services in various asset classes, including forex, commodities, shares, indices, and cryptocurrencies. However, it is essential to note that the broker has not disclosed the company behind its brand name, raising concerns about its legitimacy.

  

2. Regulatory and Compliance Information

  Blackstone500 is not regulated by any recognized financial authority, which is a significant red flag for potential investors. The Financial Conduct Authority (FCA) in the UK has issued warnings against Blackstone500, indicating that the broker is operating without authorization. The lack of a regulatory license means that clients do not have the protections typically afforded by regulated brokers.

  Key points regarding Blackstone500's regulatory status include:

  • No Regulatory License: Blackstone500 does not hold a license from any top-tier regulator such as the FCA (UK), ASIC (Australia), or FINMA (Switzerland).
  • Client Funds: The broker does not provide clear information about the segregation of client funds, which is crucial for ensuring the safety of investors' capital.
  • KYC and AML Policies: There is no substantial evidence that Blackstone500 adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are essential for preventing fraud and protecting clients.

  Given these factors, potential clients should exercise caution and consider trading with well-regulated brokers that provide a safer trading environment.

  

3. Trading Products and Services

  Blackstone500 offers a variety of trading products, catering primarily to retail clients. The key trading instruments available on the platform include:

  • Forex Currency Pairs: The broker provides access to a wide range of forex pairs, including major, minor, and exotic pairs. However, specific details on the number of available pairs are not disclosed.
  • CFD Products: Blackstone500 allows trading in Contracts for Difference (CFDs) across several asset categories, including:
  • Indices: Major global indices are available for trading.
  • Commodities: Traders can engage in commodity trading, including precious metals and energy products.
  • Stocks: The platform offers shares from various companies for trading.
  • Cryptocurrencies: Blackstone500 also includes a selection of cryptocurrencies, allowing traders to participate in the growing digital asset market.

  The broker claims to frequently update its product offerings, although specific information about the frequency of updates or newly added products is not available. Blackstone500 primarily focuses on retail trading services, with no substantial offerings for institutional clients or white label solutions.

  

4. Trading Platform and Technology

  Blackstone500 utilizes its proprietary trading platform known as Activ8. This platform is designed to provide traders with a user-friendly interface and various features. Key aspects of the trading platform include:

  • MetaTrader 4/5 Support: Blackstone500 does not support the widely recognized MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which are popular among many traders.
  • Web-Based Trading: The Activ8 platform is accessible via web browsers, allowing traders to execute trades without downloading software.
  • Mobile Application: Blackstone500 offers a mobile trading app compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.
  • Execution Model: The broker's execution model is not clearly defined, raising questions about whether it operates as an ECN, STP, or Market Maker.
  • Technical Infrastructure: Specific details regarding server locations and the underlying technology infrastructure are not provided, which is crucial for assessing the platform's reliability and speed.
  • API Access: Information about API access and support for automated trading is not available, which may limit advanced traders looking for algorithmic trading options.

  

5. Account Types and Trading Conditions

  Blackstone500 offers three main types of trading accounts, each catering to different trader profiles:

  •   Standard Account:

  •   Minimum Deposit: $250

  •   Spread: From 1.3 pips

  •   Leverage: Up to 1:30

  •   Bold Account:

  •   Minimum Deposit: $3,000

  •   Spread: From 1.5 pips

  •   Leverage: Up to 1:30

  •   VIP Account:

  •   Minimum Deposit: $12,000

  •   Spread: From 0.1 pips

  •   Leverage: Up to 1:200

  The broker also offers an Islamic account option, catering to traders who require Sharia-compliant trading conditions. Blackstone500 provides a demo account for new traders to practice their strategies without risking real money.

  

6. Fund Management

  Blackstone500 supports various deposit methods to facilitate client funding. The key details include:

  • Deposit Methods: The broker accepts bank transfers, credit cards, and electronic wallets for deposits.
  • Minimum Deposit Requirements: The minimum deposit varies by account type, starting at $250 for the standard account.
  • Deposit Processing Time: Specific processing times for deposits are not disclosed, which can be a concern for traders needing immediate access to funds.
  • Deposit Fees: There is no clear information on deposit fees, which should be considered when funding an account.
  • Withdrawal Methods and Restrictions: Blackstone500 allows withdrawals through similar methods as deposits, but specific withdrawal limits and processing times are not provided.
  • Withdrawal Fees: Information regarding withdrawal fees is not clearly stated, which can impact traders' overall profitability.

  

7. Customer Support and Educational Resources

  Blackstone500 provides several channels for customer support, including:

  • Support Channels: Traders can reach customer support via phone, email, and live chat. The availability of support through social media is also noted.
  • Service Hours and Time Zone Coverage: Specific service hours are not mentioned, which may affect traders in different time zones.
  • Multilingual Support: The broker supports multiple languages, although the exact languages are not listed.
  • Educational Resources: Blackstone500 offers various educational materials, including webinars, tutorials, and eBooks to help traders improve their skills.
  • Market Analysis Services: The broker provides daily market analysis, news updates, and research reports to keep traders informed.
  • Trading Tools: Blackstone500 offers various trading tools, including calculators, economic calendars, and signal services to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Blackstone500 primarily targets an international market, allowing traders from various regions to access its services. Key points include:

  • Main Service Markets: The broker claims to serve clients globally, although specific regions are not detailed.
  • Regional Offices: Blackstone500 has established offices in Zurich and London, although the authenticity of these claims has been questioned.
  • Countries Not Accepted: The broker does not accept clients from certain countries, particularly those with stringent regulatory requirements, although specific countries are not explicitly listed.
  • Special Restrictions: Given the lack of regulation, potential clients from jurisdictions with strict financial regulations are advised to proceed with caution.

  In conclusion, while Blackstone500 presents itself as a comprehensive trading platform, the absence of regulatory oversight and clarity regarding its operations raises significant concerns for potential investors. It is crucial for traders to conduct thorough due diligence and consider safer, regulated alternatives in the financial market.

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Latest Reviews

思懿

思懿

Malaysia

Overall I had nothing to complain when I traded with this broker. Spreads were good, and signals were accurate, which I never thought before. I had a quite good trading experience here.

Positive

2023-03-17

Blackstone500 Forex Broker has an overall rating of 1.51, Regulatory Index 0.00, License Index 0.00, Business Index 7.02, Software Index 4.00 Risk Control Index 0.00.
Blackstone500