WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Blackstone500

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://blackstone500.com/

Website

Rating Index

Contact

442037699447
support@blackstone500.com
https://blackstone500.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

CH FINMA
2020-08-27

Contact number

English

442037699447

Other ways of contact

Broker Information

More

Company Name

Blackstone500

Abbreviation

Blackstone500

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Blackstone500 · WikiFX Survey

Users who viewed Blackstone500 also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

MiTRADE

8.49
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

HFM

8.26
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

IUX

8.83
Score
2-5 yearsRegulated in AustraliaStraight Through Processing(STP)MT5 Full License
Official website

Blackstone500 · Company Summary

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.

Blackstone500

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.

Review 1

1 Comments
Write a comment
All(1) Latest Positive(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com