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Blackrock Forex Broker provides real users with * positive reviews, 1 neutral reviews and 8 exposure review!

Blackrock Broker Review

6.26

WikiFX monitor

Business

Field Survey Danger

Risk Control

Risk Manage

Blackrock Review 9

Latest All(9) Neutral(1) Exposure(8)
Exposure
Unable to withdraw

Withdrawal that should be given to me. But they tell me that I must make another, large amount withdrawal.

tombita
2024-01-10
Neutral

It's hard to believe that this company that has been around for over 15 years is also a scammer. To be honest, if I hadn't habitually checked wikifx, I would have foolishly invested here.

FX1245234069
2023-02-17
Exposure
Blackrock is unable to withdraw. In June of this year, I encountered a fake investment on FB. It was a real scam. I couldn't withdraw 2 million. I hope BlackRock can catch the real culprit.

Beware of fake investment, real fraud. Requrie 5,000 deposit to open an account, and then redemption the next day, lottery shares and huge amounts, and then circle buy again, and keep forcing the victim to deposit money. When you want to withdraw money, you say that there is a problem with the other party's account and you need to pay a deposit or you cannot withdraw money for various reasons.

FX3644586767
2022-07-12
Exposure
Customer service

How can my id be suspended? then you say again 3 months, I will be able to withdraw. In conclusion, will I get a refund or not, or will the 12667? You tell yourself that it's removable.

FX4802127712
2022-06-27
Exposure
Unable to withdraw

Beware of it. The customer service asked you to deposit more money. Stay away.

FX1305625852
2021-09-18
Exposure
Can’t withdraw fund from Ryder Exchange :

I met "赵思佳" on Facebook, She recommended Ryder Exchange,I deposited 1700 USDT then successfully withdrew 500 USDT; I deposited 15000 USDT then successfully withdrew 1300 USDT.When my total assets were 50000 USDT and successfully withdrew 3200 USDT . When my total assets were 80000 USDT and failed to withdraw 32000 USDT.after I successfully completed advanced certification, I failed to withdraw 900 USDT and then no permission to withdraw.

FX3248546053
2021-05-02
Exposure
The American female fraud recommended Ryder, unable to withdraw

She lives near Chinatown in Pittsburgh, Pennsylvania, USA, claiming that the Ryder is supported 10 million USDT by a British company and the BRCK/USDT will be launched in May.

FX3248546053
2021-04-14
Exposure
American female fraud recommends a broker where you are unable to withdraw funds.

Nationality: Canada. I live in Calgary and knew Sijia Zhao via Facebook at the end of February of 2021. Her nationality is China and lives in America. We’ve changed our phone numbers. Hers is +1(412)313-1039. The platform she recommended: https://www.ryderexchange.site/wap, called 111. And they claimed it would list in May. I deposited 1,700 USDT and succeeded in withdrawing 500 USDT. I deposited 15,000 USDT and withdrew1,300USDT afterwards. Sijia Zhao asked me about the amount of my assets on grounds of building relationship with me. And I was asked to deposit 300,000 USDT an out common assets. I withdrew 3,200 USDT when my total account balance was 50,000 USDT. But I failed in withdrawing 32,000 USDT when my account balance was 80,000 USDT on grounds of abnormal IP address. So I have to verify my ID. After that, I was asked to pay 22,000 USDT as a tax fee to withdraw funds. Sijia Zhao told me that her money was also unable to withdraw. She said she called the local police and FBI. But then when I asked her gain, she said she withdrew many times. This is so paradox. So I asked for the screenshot about calling the police. No response. She ended our relationship on grounds of distrust. I recharged over 80,000 Canadian dollars till that time. She is a fraud, claiming that her father had a building company and the phone number of her doesn’t belong to her ID.

FX3248546053
2021-04-12

  

Blackrock 2025 Review: Everything You Need to Know

  Summary: The Blackrock broker has garnered mixed reviews, with several users reporting significant issues regarding withdrawals and customer service. While it is regulated by the Monetary Authority of Singapore (MAS) and the Securities and Futures Commission (SFC) in Hong Kong, concerns about its legitimacy and operational practices persist, particularly regarding its compliance with regulations in other jurisdictions.

  Note: It is crucial to be aware that Blackrock operates through various entities across different regions, which may affect the regulatory protections available to clients. This review aims to provide a balanced assessment based on the latest available information.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 4
Trading Setup (Experience) 5
Trustworthiness 3
User Experience 4

  We assess brokers based on user feedback, regulatory compliance, and overall service quality.

  

Broker Overview

  Founded in 1988, Blackrock is a global investment management corporation based in Hong Kong, primarily known for its diverse range of financial services. The broker offers access to various trading platforms, although specific details about the platforms (like MT4 or MT5) are not consistently mentioned across sources. Blackrock provides a wide array of asset classes for trading, including forex, commodities, and indices. It is regulated by the Monetary Authority of Singapore (MAS) and the Securities and Futures Commission (SFC) in Hong Kong, although there have been reports of regulatory exceedances in other regions such as Australia and the UK.

  

Detailed Section

  Regulated Geographical Regions:

  Blackrock is primarily regulated in Hong Kong and Singapore, with licenses from the SFC and MAS. However, there are concerns regarding its compliance with regulations from other jurisdictions, such as the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK, where it has been reported to exceed its licensed activities (WikiFX).

  Deposit/Withdrawal Currencies/Cryptocurrencies:

  The specific currencies and cryptocurrencies accepted for deposits and withdrawals were not detailed in the sources. Users have reported issues with withdrawals, raising questions about the broker's operational transparency and reliability.

  Minimum Deposit:

  The minimum deposit required to open an account with Blackrock appears to vary, with reports indicating figures around $150 for basic accounts (Global Fraud Protection).

  Bonuses/Promotions:

  Information regarding bonuses or promotional offers is scarce, with no significant details provided in the reviewed articles.

  Tradable Asset Classes:

  Blackrock offers a range of asset classes, including forex, commodities, indices, and shares. However, the depth of these offerings and the specific instruments available were not thoroughly detailed.

  Costs (Spreads, Fees, Commissions):

  The cost structure, including spreads and commissions, is not clearly outlined in the sources. Some reports suggest that spreads can be competitive, starting from 0.2 pips for major pairs (Global Fraud Protection).

  Leverage:

  Blackrock reportedly offers leverage up to 1:500, which is common among many brokers but raises concerns about the potential risks involved for retail traders (Scam Helpers).

  Allowed Trading Platforms:

  The specific trading platforms offered by Blackrock were not mentioned in detail, indicating a lack of transparency in this area.

  Restricted Regions:

  There are no specific details regarding restricted regions, but potential clients should be cautious and check local regulations before engaging with the broker.

  Available Customer Service Languages:

  Blackrock claims to offer customer service in multiple languages, including English, Korean, Japanese, French, and German. However, users have reported long waiting times and inadequate support (WikiFX).

  

Ratings Revisited

Category Rating (out of 10) Detailed Explanation
Account Conditions 5 The minimum deposit is relatively low, but users report difficulties in accessing their funds.
Tools and Resources 6 While Blackrock provides a range of services, the lack of clarity regarding the trading platform is a concern.
Customer Service and Support 4 Multiple complaints about unresponsive support and withdrawal issues have been noted.
Trading Setup (Experience) 5 User experiences vary, with some finding the platform functional but others reporting significant issues.
Trustworthiness 3 Concerns regarding regulatory compliance and withdrawal issues significantly impact trust.
User Experience 4 Mixed reviews indicate that while some users have positive experiences, many report serious issues.

  

Detailed Breakdown

  •   Account Conditions: The minimum deposit is low, but the withdrawal issues reported by users raise concerns about the overall conditions offered by Blackrock.

  •   Tools and Resources: The broker offers various financial services, but the lack of clear information regarding trading platforms and tools may hinder user experience.

  •   Customer Service and Support: Users have expressed dissatisfaction with customer service, particularly regarding the inability to resolve withdrawal issues effectively.

  •   Trading Setup (Experience): While some users find the trading experience satisfactory, the prevalence of complaints suggests a need for improvement in this area.

  •   Trustworthiness: Regulatory concerns and user complaints about withdrawal difficulties significantly lower Blackrock's trustworthiness rating.

  •   User Experience: The overall user experience is mixed, with many users reporting challenges that overshadow positive experiences.

      

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    Conclusion

      In conclusion, while Blackrock is a well-established investment management corporation with regulatory oversight in Hong Kong and Singapore, significant concerns regarding its operational practices and user experiences persist. Potential clients should exercise caution and conduct thorough research before engaging with this broker, particularly in light of the numerous withdrawal complaints and issues reported by users.