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BloomForexTrades

Operating status: SCAM

Website: https://www.bloomforextrades.com/

Broker violations and abnormal records
  • Apr 18, 2022 BrokersView has reviewed that BloomForexTrades is an Unregulated Forex Broker

    BloomForexTrades claims it was established in 2017 and it is a brand name of Exinity Group. However, when we checked its domain, we found it was created on 19 Aug 2021. So how could it start its business in 2017? It is a red flag here.

    Besides, BloomForexTrades claims it has two office addresses in the United State and the United Kingdom respectively. We did searching in the Financial Conduct Authority (FCA) and the National Futures Association (NFA) but find nothing about BloomForexTrades or Exinity Group. Apparently, BloomForexTrades is not an approved broker to do forex in the above two countries.

    What's more, this broker claims it is regulated by the Vanuatu Financial Service Commission (VFSC). However, we did not find any match results to BloomForexTrades or Exinity Group. That means BloomForexTrades is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam. 

    BloomForexTrades claims it was established in 2017 and it is a brand name of Exinity Group. However, when we checked its domain, we found it was created on 19 Aug 2021. So how could it start its business in 2017? It is a red flag here.Besides, BloomForexTrades claims it has two office addresses in the United State and the United Kingdom respectively. We did searching in the Financial Conduct Authority (FCA) and the National Futures Association (NFA) but find nothing about BloomForexTrades or Exinity Group. Apparently, BloomForexTrades is not an approved broker to do forex in the above two countries.What's more, this broker claims it is regulated by the Vanuatu Financial Service Commission (VFSC). However, we did not find any match results to BloomForexTrades or Exinity Group. That means BloomForexTrades is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.