Score

1.29 /10
Danger

BLUE WHALE MARKETS

Costa Rica

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.28

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

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

open now

Broker Information

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Company Name

Blue Whale Markets S.R.L

Company Abbreviation

BLUE WHALE MARKETS

Platform registered country and region

Costa Rica

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-12-26
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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BLUE WHALE MARKETS · Company summary
Blue Whale Markets Review Summary
Founded2024
Registered Country/RegionCosta Rica
RegulationNo regulation
Market InstrumentsStocks, indices, commodities, cryptocurrencies, currency pairs
Demo Account/
LeverageUp to 1:400
SpreadFrom 1.5 pips (Standard account)
Trading PlatformMT5
Minimum Deposit$0
Customer Support24/7 support, contact form
Tel: +52 229 558 4242
Email: support@bluewhalemarkets.com

Blue Whale Markets Information

Blue Whale Markets is an unregulated broker, offering trading on stocks, indices, commodities, cryptocurrencies and currency pairs with leverage up to 1:400 and variable spreads on tthe MT5 trading platform. The minimum deposit requirement is $0.

Blue Whale Markets' homepage

Pros and Cons

Pros Cons
Various trading marketsNo regulation
Multiple account typesLimited payment options
MT5 platform
No minimum deposit requirement
24/7 support

Is Blue Whale Markets Legit?

No. Blue Whale Markets currently has no valid regulations. Please be aware of the risk!

No license
Domain information

What Can I Trade on Blue Whale Markets?

Blue Whale Markets offers trading on stocks, indices, commodities, cryptocurrencies and currency pairs.

Tradable Instruments Supported
Stocks
Indices
Commodities
Cryptocurrencies
Currency pairs
Bonds
Options
ETFs
What Can I Trade on Blue Whale Markets?

Account Type & Spread

Here are three account types Blue Whale Markets offers:

Account TypeMinimum DepositSpread
STANDARD$0From 1.5 pips
PRIME$1,000From 0.8 pips
ECN$10,000From 0.4 pips
Account comparison

Leverage

Blue Whale Markets offers maximum leverage at 1:400 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, web, mobileExperienced traders
MT4/Beginners
MT5

Deposit and Withdrawal

Blue Whale Markets accepts payments via VISA, Mastercard and Bitcoin. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.

User Reviews

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User comment

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Comments

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Cristian Ardila Hernández
3-6months
Este broker y su ceo Octavio pozos me robaron 10 mil dolares que triste que haya gente tan mentirosa y ladrona.. no confíen en este broker ahí le dejo las pruebas
Este broker y su ceo Octavio pozos me robaron 10 mil dolares que triste que haya gente tan mentirosa y ladrona.. no confíen en este broker ahí le dejo las pruebas
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2025-11-10 06:10
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