Score

1.39 /10
Danger

Blink Trade

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.11

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Broker Information

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Company Name

Blink Trade LLC

Company Abbreviation

Blink Trade

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Blink Trade · Company summary

General Information

Blink Trade is allegedly a broker incorporated and based in St. Vincent and the Grenadines that provides its clients with the industry-standard MetaTrader5 platform, variable spreads on a variety of tradable assets, a choice of two different account types, as well as copy trading, MAMM and PAMM services.

Market Instruments

Blink Trade advertises that it mainly offers five different asset classes in financial markets, including indices, stocks, forex, commodities and cryptocurrencies.

Account Types

There are two live trading accounts offered by Blink Trade, apart from demo accounts, namely Standard and Premium. Opening a Standard account requires the minimum initial deposit amount of €/$200, while the Premium account with a minimum initial capital requirement of €/$5000.

Spreads & Commissions

Spreads and commissions are influenced by what type of accounts traders are holding. Blink Trade reveals that the spread on the Standard account is 1 pip plus interbank spread with no commission, while the clients on the Premium account experience Interbank spread with a commission of 0.05 dollar R/T per micro lot (0.01).

Trading Platform Available

When it comes to trading platforms available,Blink Trade gives traders the worlds most trusted and popular MetaTrader5 platform for PC (Windows, Mac) and mobile (Android, iOS) terminals, as well as a WebTrader. MT5 is known as one of the most successful, efficient, and competent forex trading software, allowing traders to execute trades on different financial markets through a single account and there is a hedging option. While with the MT5 mobile app, trading can be done from anywhere and at any time through the right mobile terminals.

Trading

Deposit & Withdrawal

Blink Trade accepts deposits and withdrawals with bank transfers, credit/debit cards like Visa, Maestro and Mastercard and cryptocurrencies. The minimum deposit requirement is €/$200. Funds are withdrawn through the same payment method and transferred to the same account used for the deposit. Also, withdrawal requests are subject to a withdrawal processing fee, yet nothing more detailed is involved. As for the processing time of withdrawal requests, it usually takes up to ten business days for the funds to appear on your account.

Customer Support

Blink Trade‘s customer support can be reached through telephone: +44 2045383522, email: info@blinktrades.com, live chat or send messages online to get in touch. However, this broker doesn’t disclose other more direct contact information like company address while most brokers offer.

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FX1619887035
more than one year
This shouldn't have happened in the first place. And when they corrected it, I didn't have enough time to manage my open positions or fund them to protect my account. If the early surge hadn't occurred, there would have been no need for this.
This shouldn't have happened in the first place. And when they corrected it, I didn't have enough time to manage my open positions or fund them to protect my account. If the early surge hadn't occurred, there would have been no need for this.
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2024-02-07 15:55
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roberto
more than one year
ASSOLUTAMENTE DA EVITARE, SONO LADRI E FURFANTI, NON RESISTUISCONO IL CAPITALE AI PROPRI CLIENTI PRENDENDO MILLE SCUSE, DA EVITARE COME LA PESTE, NON AFFIDATEVI MAI A BROKER COME BLINK TRADES SENZA NESSUN TIPO DI LICENZA E SENZA NESSUN TIPO DI STORICO.
ASSOLUTAMENTE DA EVITARE, SONO LADRI E FURFANTI, NON RESISTUISCONO IL CAPITALE AI PROPRI CLIENTI PRENDENDO MILLE SCUSE, DA EVITARE COME LA PESTE, NON AFFIDATEVI MAI A BROKER COME BLINK TRADES SENZA NESSUN TIPO DI LICENZA E SENZA NESSUN TIPO DI STORICO.
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2023-01-09 15:57
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