Bluewhale Trade Review : Fees, Pros and Cons, Reviews by Real Traders

Bluewhale Trade

Operating status: SCAM

Website: https://bluewhaletrade.com/

Broker violations and abnormal records

Jun 27, 2022 The Ireland CBI Added Bluewhale Trade into Its Warnings
On June 28 2022, the Central Bank of Ireland (CBI) issued a warning that Bluewhale Trade has been operating as an investment firm / investment business firm in Ireland in the absence of appropriate authorisations. You may visit: https://www.centralbank.ie/news/article/warning-notice-blue-whale-clone-28-june-2022

On June 28 2022, the Central Bank of Ireland (CBI) issued a warning that Bluewhale Trade has been operating as an investment firm / investment business firm in Ireland in the absence of appropriate authorisations. You may visit: https://www.centralbank.ie/news/article/warning-notice-blue-whale-clone-28-june-2022
Jul 06, 2022 Brokersview has Reviewed that Bluewhale Trade is an Unregulated Forex Broker
Bluewhale Trade claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of unlicensed broker, as regulated brokers always present their accreditations and licensed in a prominent position. It is a red flag.
Bluewhale Trade also claims to be a UK-based entity. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA.
What's more, the Central Bank of Ireland (CBI) issued a warning that Bluewhale Trade has been operating as an investment firm / investment business firm in Ireland in the absence of appropriate authorisations.
That means Bluewhale Trade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

Bluewhale Trade claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of unlicensed broker, as regulated brokers always present their accreditations and licensed in a prominent position. It is a red flag. Bluewhale Trade also claims to be a UK-based entity. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA. What's more, the Central Bank of Ireland (CBI) issued a warning that Bluewhale Trade has been operating as an investment firm / investment business firm in Ireland in the absence of appropriate authorisations. That means Bluewhale Trade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
Nov 20, 2022 BrokersView has found that Bluewhale Trade is not working
BrokersView found the domain "https://bluewhaletrade.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://bluewhaletrade.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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