BloomsMarkets Limited Review 2025
What is BloomsMarkets Limited?
BloomsMarkets Limited is a company that presents itself as an investment platform connecting the global securities market. It is registered in the United Kingdom. The platform claims to provide over 40 trading instruments covering forex pairs, stocks and indices, and precious metals. This allows clients to trade global financial instruments through a single account. However, it’s important to note that BloomsMarkets Limited has been flagged for high potential risk. The WikiFX score of this broker has been reduced due to numerous complaints. It has been verified that this broker currently has no valid regulation. Over the past 3 months, WikiFX has received 7 complaints about this broker. Please be aware of the risks and potential scams when dealing with unregulated brokers. Always do thorough research and consider getting advice from a financial advisor before making any investment decisions. Please note that this information is based on available resources and may not be fully up-to-date or complete. For the most accurate information, it’s recommended to visit the official website or contact BloomsMarkets Limited directly.
What is the Review Rating of BloomsMarkets Limited?
What are the Pros of BloomsMarkets Limited?
BloomsMarkets Limited, a forex broker, offers several advantages that make it an attractive platform for traders. Here are some of the key benefits:. Wide Range of Trading Instruments: BloomsMarkets provides over 40 trading instruments, including forex pairs, stocks, indices, and precious metals. This diverse portfolio allows clients to trade global financial instruments through a single account. Global Securities Market Access: The platform presents itself as an investment platform that connects the global securities market. This feature enables traders to access and trade in markets around the world. MT4/5 Full License: BloomsMarkets holds a full license for both the MetaTrader 4 and MetaTrader 5 platforms. These platforms are popular among traders for their advanced features and user-friendly interfaces. However, it’s important to note that BloomsMarkets has been flagged for high potential risk and has received numerous complaints. It currently has no valid regulation. , which is a significant risk factor. Traders should be aware of these risks and consider them when choosing a forex broker. Please note that this information is based on the latest available data and may not be up-to-date. Always conduct thorough research and consider multiple sources before choosing a forex broker.
What are the Cons of BloomsMarkets Limited?
BloomsMarkets Limited, a forex broker, has several significant drawbacks that potential investors should be aware of:. 1. Lack of Regulation: BloomsMarkets Limited is an offshore broker. It claims to be under the supervision of the US Financial Crimes Enforcement Bureau MSB and registered in the US NFA. However, there is no evidence to support these claims. In fact, it appears to be unregulated by any financial regulator. This lack of regulation poses a significant risk to investors’ funds. 2. Safety of Funds: The safety of investors’ funds is not guaranteed with BloomsMarkets Limited. The company is considered a high-risk investment. , and there have been complaints about the inability to withdraw funds. 3. Uninformative Website: The company’s website has been described as uninformative and unattractive. This lack of transparency can make it difficult for investors to make informed decisions. 4. High Leverage: BloomsMarkets Limited reportedly offers a high leverage ratio of up to 1:500. While this may seem attractive to some investors, it also significantly increases the risk of substantial losses. 5. Negative Reviews and Complaints: There have been numerous complaints and negative reviews about BloomsMarkets Limited. These include allegations of scam operations and issues with withdrawing funds. In conclusion, due to these significant drawbacks, potential investors should exercise caution when considering BloomsMarkets Limited as a forex broker. It is always recommended to choose a broker that is reliable, well-regulated, and transparent in its operations.
Is BloomsMarkets Limited Regulated and who are the Regulators?
BloomsMarkets Limited, a company that presents itself as a reputable financial entity with headquarters in London and offices worldwide, is not regulated by any recognized financial authority. The company claims to be licensed and authorized by the Financial Conduct Authority (FCA) in the UK and the “US Financial Instruments Market Regulations”. However, these claims are not accurate. A diligent check of the FCA registers revealed no company by the name of Blooms Markets Limited or a broker by the name of Blooms Markets. In the United States, the sole regulatory institution responsible for the oversight of forex brokers is the Commodity Futures Trading Commission (CFTC). Blooms Markets is not regulated by the CFTC. Furthermore, there are cybersecurity concerns associated with Blooms Markets. Attempts to access the company’s website resulted in warnings of a security threat. In conclusion, BloomsMarkets Limited is not regulated, and trading with an unregulated broker carries significant risks. It is always recommended to verify the regulatory status of a broker before engaging in any financial transactions.