Blanc Invest foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.blancinvest.com/platform.html#/auth/register, about the company's legal and temporary regulatory information, the company's address Rue de la Corraterie 5, 1204 Genève, Switzerland.
Blanc Invest, established in March 2024, operates as an online brokerage firm headquartered in Geneva, Switzerland. This private entity claims to provide a range of trading services primarily focused on retail forex trading and other financial instruments. Despite its recent establishment, the firm asserts that it has been operational in the financial market for over five years, catering to clients across 16 countries. The company positions itself as a partner for those looking to succeed in trading, emphasizing the safety of its operations. However, the lack of verifiable information raises questions about its legitimacy.
Blanc Invest's business model is centered around providing retail forex services, with a promise of innovative trading solutions. The firm claims to have developed a user-friendly platform that allows clients to trade various asset classes, including stocks, cryptocurrencies, and commodities. Despite the claims of an established history, the recent registration of its domain in March 2024 and the absence of concrete evidence regarding its operational history and licenses have led to skepticism regarding its credibility.
Blanc Invest operates without proper regulatory oversight, which is a significant red flag for potential investors. The Australian Securities and Investments Commission (ASIC) has blacklisted Blanc Invest, indicating serious concerns regarding its regulatory compliance. The firm does not provide a valid license number or any evidence of registration with recognized financial authorities, such as the Financial Conduct Authority (FCA) in the UK.
The lack of a regulatory framework means that client funds are not guaranteed protection under investor compensation schemes, which is critical for safeguarding investors' interests. Moreover, the absence of a clear policy on the segregation of client funds raises additional concerns about the safety of deposits.
Blanc Invest claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, but without oversight from a recognized regulatory body, the effectiveness of these measures cannot be verified. Investors are advised to exercise extreme caution when considering this broker due to its unregulated status.
Blanc Invest offers a variety of trading products, including:
The frequency of product updates and the addition of new trading instruments remain unclear, which could impact the trading experience for clients seeking a dynamic trading environment.
Blanc Invest claims to support MetaTrader 4 and MetaTrader 5, popular platforms among traders for their advanced trading features and user-friendly interfaces. However, details about their proprietary platform, if any, are not provided.
The firm offers a web-based trading platform that is designed to be user-friendly, allowing traders to execute orders efficiently. Additionally, it provides a mobile application for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.
Blanc Invest's execution model is not clearly defined, with no specific mention of whether it operates as an ECN, STP, or Market Maker. The lack of information regarding server locations and the underlying technical infrastructure is concerning, as this can affect trading performance.
API access and support for automated trading are not mentioned, which may limit the options available to algorithmic traders.
Blanc Invest offers several account types, although specific details are scarce. The broker's standard account reportedly requires a minimum deposit of $1,500, which is considered high for many retail traders. Key trading conditions include:
Blanc Invest supports various deposit methods, including bank transfers, credit cards, and potentially e-wallets. The minimum deposit requirement varies by account type, with the standard account starting at $1,500.
Blanc Invest offers customer support through various channels, including:
Blanc Invest claims to serve clients in various regions, but specific details about its primary markets are not provided. The broker's operational footprint appears to be global, catering to clients from several countries.
In conclusion, while Blanc Invest presents a range of services and trading opportunities, the lack of regulatory oversight, transparency regarding trading conditions, and limited information about its operational history raise significant concerns. Potential clients should exercise caution and conduct thorough due diligence before engaging with this broker.