Score

1.45 /10
Danger

Blanco FX

Belarus

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.58

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid 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

Blanco FX · Company summary
Blanco FXBasic Information
Founded in2-5 years
Registered inBelarus
RegulationNot Regulated
Tradable AssetsGerman Stock Exchanges,Dollar - Türkish Lira,Euro - TL,Energy Sources,Gold and Silver,Stock indices,Commodities,USD-JPY
Account Typesstandart,gold,vip
Trading PlatformMT5
Payment Methodsskrill,visa,bitcoin,paribu,papara
Customer SupportPhone: (441) 344 231 630Email: info@blancofx.comSocial Media: Facebook,X,Instagram
Offical websiteInaccessible

Overview of Blanco FX

Blanco FX is a Belarus-based brokerage established within the last 2-5 years. It offers a range of tradable assets including currencies, commodities, and stock indices, facilitated through the MT5 platform. The brokerage operates without regulatory oversight and provides multiple account types—Standard, Gold, and VIP. Payment methods accepted include Skrill, Visa, Bitcoin, Paribu, and Papara. Customer support is available via phone, email, and social media channels like Facebook and Instagram.

Overview of Blanco FX

Pros and Cons

Blanco FX offers a compelling range of tradable assets encompassing currencies, commodities, and stock indices, providing ample choices for diverse trading strategies. The availability of multiple account types fits for varying trader preferences and experience levels. The use of MT5 as its trading platform enhances accessibility and functionality. However, the brokerage faces challenges such as the absence of regulatory oversight, which may raise concerns regarding investor protection and operational transparency. Moreover, the current inaccessibility of its official website and limited presence on social media platforms like Facebook and Instagram could impact customer communication and support. As with any unregulated entity, potential users should carefully weigh these factors when considering Blanco FX for their trading activities.

Pros Cons
  • Wide Range of Tradable Assets
  • Lack of Regulation
  • Multiple Account Types
  • Inaccessible Official Website
  • Popular Trading Platform
  • Limited Social Media Presence:

Regulation: Is Blanco FX legit?

Blanco FX operates without regulation, indicating it is not currently regulated by any financial authority. This lack of regulation can impact the level of protection and transparency offered to traders. Regulatory oversight typically ensures adherence to established standards of financial conduct, safeguarding client funds and promoting fair trading practices. As Blanco FX is unregulated, traders should exercise caution and thoroughly assess the risks associated with trading on a platform that lacks oversight from a regulatory body.

Regulation: Is Blanco FX legit?

Market Instruments

Blanco FX offers a comprehensive range of over 20,000 market instruments, providing clients with diverse trading opportunities. Key instruments include the German Stock Exchange, various currency pairs such as Dollar-Turkish Lira and Euro-TL, energy sources, gold and silver, stock indices, commodities, and USD-JPY.

Market Instruments

Account Types

Blanco FX offers three distinct account types tailored for different investor needs. The “Standard” account provides unique opportunities for Forex trading with normal spread rates, no fixed spread, 24/7 support, low spread rates, and low commission. The “Gold” account, being the most preferred, features options with or without swap, good spread rates, fixed spread, 24/7 support, low spread rates, and low commission. Finally, the “VIP” account is designed for high-volume investors, offering options with or without swap, excellent spread rates, fixed spread, 24/7 support, low spread rates, and low commission.

Account Types
Account Types

Trading Platform

Blanco FX utilizes the Metatrader 5 platform, renowned for its reliability under any trading conditions. Available for Android, iOS, and Windows, Metatrader 5 offers robust features such as daily analysis from experienced consultants, a low $100 deposit requirement to reach high investment limits, and low spread rates, enhancing the chances of winning trades.

Trading Platform

Payment methods

Blanco FX offers a variety of convenient payment methods. Clients can fund their accounts using traditional options such as Visa and Skrill, as well as modern digital solutions like Bitcoin and Papara. Additionally, Paribu provides another accessible method for transactions.

Payment methods

Customer Support

Phone: (441) 344 231 630

Email: info@blancofx.com

Social Media:

Facebook: https://www.facebook.com/Blancofx-100454118535981

X: https://twitter.com/blancofxcom

Instagram

Conclusion

Blanco FX stands out as a comprehensive and client-focused trading platform, offering a wide range of account types and market instruments to suit various investor needs. Utilizing the robust Metatrader 5 platform, it provides reliable and feature-rich trading conditions, supported by daily analysis and low spread rates. With diverse and convenient payment options, Blanco FX ensures a seamless trading experience for its global clientele, making it a preferred choice for both novice and seasoned traders.

FAQs

What types of trading accounts does Blanco FX offer?

Blanco FX offers three types of trading accounts: Standard, Gold, and VIP. The Standard account provides normal spread rates and no fixed spread, the Gold account features good spread rates and fixed spread, and the VIP account offers excellent spread rates and fixed spread. All accounts come with 24/7 support, low spread rates, and low commission.

What trading platform does Blanco FX use?

Blanco FX utilizes the Metatrader 5 platform, known for its reliability and advanced trading features. The platform is available for Android, iOS, and Windows, offering daily analysis, low spread rates, and a minimum deposit of $100, making it suitable for traders of all levels.

What payment methods are supported by Blanco FX?

Blanco FX supports a variety of payment methods, including Visa, Skrill, Bitcoin, Papara, and Paribu. These options provide flexibility and convenience for clients to fund their accounts and manage their transactions efficiently.

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. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

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