Score

1.86 /10
Danger

BLG Finance

United States

Within 1 year

Regulated in United States

Common Business Registration

Self-developed

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index1.25

Business Index3.25

Risk Management Index0.00

Software Index4.58

License Index1.25

Time Machine
Website

Licenses

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

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2025-03-01
  • This broker exceeds the business scope regulated by United States NFA(license number: 20191665101)Common Business Registration Non-Forex License. Please be aware of the risk!

WikiFX Verification

BLG Finance · Company summary

Note:The broker's website https://blgfinance.com is not accessible now.

BLG Finance Overview Information

BLG Finance is a newly established broker registered in the United States. It is regulated by the NFA. It provides multiple market instruments including stocks, gold, crude oil, bitcoin, currency pairs. It also claims to offer low transaction costs and comprehensive local service.

BLG Finance Overview

Regulatory Status

BLG Finance is regulated by the National Futures Association (NFA) in the United States. The current status of its regulation is General Registration under a Common Business Registration license, with license number 20191665101.

This registration ensures that the company adheres to the necessary legal and regulatory requirements for operating in the financial services sector in the US.

Regulatory Status

Products and Services

According to information obtained from BLG Finance's previous website, the company emphasizes low transaction costs, a comprehensive investment market, and what they claim to be the best service. They highlight competitive leverage options and dynamic financing conditions aimed at maximizing trading profits. The company also promotes comprehensive, localized services and offers 24/7 multi-channel customer support to answer traders' questions.

Products and Services

Risk Warning

However, trades should be cautious when choosing this broker.

Firstly, the information presented on BLG Finance's previous website was not detailed, and there were no specific fee details. Secondly, the current website is inaccessible. Thirdly, its NFA regulation is not in a normal regulatory status but rather a general registration. Therefore, traders should proceed with caution and may try to contact info@blgfinance.email to clarify the situation.

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