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Blantomic Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-04-23 17:15

Abstract:Blantomic is a broker registered in the United Kingdom, which puts a business focus on CFDs. It currently holds no regulations.

Blantomic Review Summary
Registered Country/Region United Kingdom
Regulation No Regulation
Market Instruments CFDs for Cryptocurrencies, Stocks, Commodities, Currency, Bonds, Indices
Demo Account N/A
Leverage 1:200 (Maximum)
Spread N/A
Commission N/A
Trading Platform Blantomic Trader
Minimum Deposit €10,000
Customer Support Contact Form, Tel: +442038666764
Company Address Cabot Square, London E14 5AB, United Kingdom

What is Blantomic?

  Blantomic is a broker registered in the United Kingdom, which puts a business focus on CFDs. It currently holds no regulations.

Blantomic's homepage

Pros & Cons

Pros Cons
N/A
  • High Minimum Deposit
  • No Regulation

Cons:

  •   High Minimum Deposit: Blantomic imposes a high minimum deposit requirement of €10,000, which poses a barrier to entry for some traders who prefer to start with smaller initial investments.

  •   No Regulation: One of the notable drawbacks of Blantomic is its lack of regulatory oversight. The absence of regulation will concern users about the security of their funds and the reliability of the brokerage's operations.

Is Blantomic Legit or a Scam?

  •   Regulatory Sight: Blantomic is currently without regulatory oversight and any licenses that would enable it to conduct its operational standards 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.

No license
  •   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

  •   Cryptocurrencies: Trade popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and more.

  •   Stocks: Access a variety of stocks from global markets, allowing for diversified investment opportunities.

  •   Commodities: Trade commodities such as gold, silver, oil, and agricultural products, providing exposure to the raw materials market.

  •   Currency: Engage in forex trading with major currency pairs, minors, and exotics, allowing for speculation on currency movements.

  •   Bonds: Invest in government and corporate bonds, offering fixed-income opportunities with varying levels of risk.

  •   Indices: Trade indices representing various sectors and regions, providing exposure to broader market trends.

Account Types

  1.   Bronze: This account type includes market reviews, access to trading e-books, webinars, and social trading features.

  2.   Silver: Silver accounts offer all the features of the Bronze account, along with access to advanced video-on-demand (VOD) content.

  3.   Gold: Gold accounts provide additional benefits such as risk-free trade, a personal assistant, and customized account options.

  4.   Platinum: Platinum accountsinclude all features of the Gold account, as well as access to the trading room and a personalized account.

  5.   Diamond, Premium, VIP: Diamond accounts offer enhanced benefits, including additional risk-free trades and priority support. Premium accounts and VIP accounts enjoy the same features as Diamond accounts.

Account Types Minimum Deposit
Bronze €10,000
Silver €10,000
Gold €10,000
Platinum €100,000
Diamond €250,000
Premium €500,000
VIP €1,000,000
Account comparison

Leverage

  Blantomic provides a maximum leverage of 1:200 across all account types. Leverage allows traders to open positions that are larger than their actual deposit. In this case, with a leverage of 1:200, for every 1 a trader has in their account, they can take a position in the market up to 200. This could potentially amplify profits, but losses can also be amplified, particularly for inexperienced traders.

Trading Platform

  Blantomic Trader works seamlessly on all popular devices, including PCs, smartphones, and tablets. So you can access it on a desktop computer or need the flexibility of mobile trading. It features a user-friendly interface designed for both novice and experienced traders.

Trading Platform

Customer Support

  1.   Contact Form: You can write to Blantomic's support team using the contact form available on their website.

  2.   Telephone: Blantomic offers telephone support with a contact number: +442038666764.

  3.   Company Address: Blantomic provides a physical address located at Cabot Square, London E14 5AB, United Kingdom.

Contact info

Conclusion

  As a broker, Blantomic provides its own web trader and it charges a very expensive minimum deposit. It has no regulations currently. We do not recommend this non-regulated broker to any user.

Frequently Asked Questions (FAQs)

  Question: What is the minimum deposit required to open a live account?

  Answer: The minimum deposit required is €10,000.

  Question: What is the highest leverage provided by Blantomic?

  Answer: Blantomic provides a leverage of up to 1:200.

  Question: Is Blantomic regulated or not?

  Answer: No, it is not regulated.

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.

Related broker

No Regulation
Blantomic
Company name:Blantomic
Score
1.32
Website:https://www.blantomic.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.32

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