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Trust everything that brokers promise is not worth it. Sometimes real charlatans try to disguise themselves as honest companies. One of these will be discussed in our review - Blackstocke. The company positions itself as a reliable financial provider that has been operating since 2011. However, the reviews indicate otherwise: traders claim that this is a real one-day broker. Let's not jump to conclusions, check the information.
Just the Facts About Blackstock: A Brief Overview
According to the legend, Blackstocke has been operating for almost 10 years and is part of the Turquoise Global Holdings LTD group of companies. The official website of the broker from our review says that the safety of funds is guaranteed by the British Financial Conduct Authority.
It costs nothing to check the information, just look at the FCA website and enter the license number indicated in Blackstock - 525956. There is no such document in the register of the regulatory authority. This suggests that, in fact, no one regulates the activities of the office from our review. At any moment, scammers can hide with your money back home. Judging by the reviews, this is a common occurrence.
Now, as for the certificate of registration. Blackstocke claims to have been registered in the UK. Without a license from a reputable local regulator, this means nothing. Anyone can get into the British register of taxpayers. You just need to unfasten a certain amount to the state treasury.
However, even here the scammers from the Blackstock brokerage organization made a mistake. The certificate of registration of their office dates back to 2020, which completely destroys the legend of ten years of experience in trading in financial markets. Accordingly, the statistics from the broker's website are not worth a damn. For a couple of months of work, the office could not achieve the results that it claims:
- 200,000 registered traders;
- more than 2 million transactions daily.
Before us is a one-day broker, which is confirmed by a meager number of reviews, the first of which appeared only a few months ago. To once again make sure that the company brazenly overstates its real age, we checked the date of registration of the domain. It turned out that the Blackstocke website launched in April 2020. Around the same time, reviews of angry traders began to appear, who lost their funds due to deception on this platform.
There is zero information about the management of the brokerage company. Anonymous crooks hide their true names and faces in order not to be held responsible for the financial damage caused.
How to get in touch with support: an overview of Blackstocke contacts
Judging by the reviews, the contact details indicated on the website of the Blackstock broker are absolutely useless. There was no support service as such. All communication channels are needed only to blur the eyes and collect personal information of potential victims.
The official website has the following contact information:
- phone number: +442077971000;
- E-mail address: ;
- head office address: 40 Russell`s Wharf Flats, Harrow Road (London).
In the reviews, traders indicate that attempts to contact support do not bring any result. And even if you manage to get through to the Blackstock support specialists, the breeders will not help with solving complex technical and financial issues.
Despite statements that the interests of clients are in the first place for the broker, the company has not yet acquired a community in social networks. And this is not surprising. From the experience of preparing previous reviews, we know that scammers try to hide the truth as long as possible. They don't want people to share feedback and ask unnecessary questions.
How do I register on the Blackstock website?
The only good thing about Blackstock is the simplified registration procedure. However, do not think that the fake broker is doing this with good intentions. On the contrary, scammers are eager to take your money.
You are one step away from participating in the Blackstocke scam - filling out an electronic form. It must contain the following information:
- E-mail address;
- telephone;
- name;
- surname;
- password (twice).
In the reviews, deceived traders recommend being vigilant and carefully reading the conditions of the broker. Legal documents are drawn up one-sidedly - solely taking into account the interests of swindlers. By registering on the Blackstocke platform, you automatically start playing by their rules. And it will be a losing game for you.
What are the trading conditions for Blackstock?
To interest beginners, the pseudo-broker promises a $10,000 signup bonus. Of course, "win back" this money will not work. It's just bait for potential victims. There is a demo account on the platform, but its validity period is only 5 days. In the reviews, users indicate that during this time it is simply unrealistic to assess the potential of the trading platform and test strategies without risk.
As for the trading conditions, there are no specifics on the official website of the fake broker. It was possible to find out that the office offers trading not only in base currencies, but also CFDs on stocks, raw materials, bonds, cryptocurrencies and stock indices. The size of the minimum deposit, leverage, spreads, swaps are unknown.
UTIP is offered as a trading platform. Let's say right away that the opinion about this terminal is ambiguous. In the reviews, many traders write that this is a manipulated software used by scammers to drain deposits.
What else do they write in Blackstocke reviews?
There are few reviews about the Blackstock broker, which indicates the meager period of work of this intermediary. However, even those comments that exist make it clear that the company has nothing to do with brokerage services. It's just another scam.
Overview of the Blackstocke scam
The scammers from Blackstock did not come up with something new. The divorce scheme is trivial: novice traders are promised a fantastic income, but in fact they are just playing a show. It is not worth counting on the withdrawal of profit.
Recommended articles for you:
- The best Forex trading strategies;
- How to check the license of a forex broker?;
- How to Choose a Reliable Forex Broker in 2020: Key Criteria
Blackstock Review Summary
Blackstock provides knowingly false data, trying to ingratiate itself with naive traders. This is a muddy office that does not have a license to operate, there is no specificity regarding trading conditions. She is not going to bring deals to the market, scammers are only interested in other people's money.