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No Regulation
Score
1.40 /10
Danger
bloom
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.13
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-22
- 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
Overview of bloom
Bloom offers 24/7 customer support via email and phone calls. Customers can choose different accounts from the five types to trade: Standard Plan, Sylver Plan, Gold Plan, Diamond Plan, and Platinum Plan. However, bloom operates without any regulatory oversight. This lack of rules might put investors at higher risk. Also, investor understanding regarding what bloom remains limited due to insufficient information on their website.
Pros and Cons
| Pros | Cons |
| • Offers 24/7 customer support | • Operates without regulatory oversight, potentially exposing traders to risks |
| • Offers multiple account types | • The official website is unavailable currently |
Is bloom Legit？
bloom seems to operate without any regulatory oversight in the United States.
Account Type
Bloom offers five types of accounts: Standard Plan, Sylver Plan, Gold Plan, Diamond Plan, and Platinum Plan. They do not offer demo accounts and Islam accounts.
Customer Service
Bloom has a 24/7 support team for customer service. You can reach out to them by email at support@bloomforextrades.com, and by phone call at +1(731)238-1564.
| Contact Options | Details |
| Phone | +1(731)238-1564 |
| support@bloomforextrades.com |
The Bottom Line
Bloom offers 24/7 customer support and a variety of account types for different trading needs. However, lacking regulatory oversight is the biggest concern. Due to this and limited information on their website, Bloom seems best suited for experienced traders comfortable with a high-risk environment.
FAQs
Is Bloom safe？
Bloom operates without regulatory oversight, raising safety concerns. It's best to proceed with caution.
Is Bloom good for beginners？
No. Due to the lack of regulation and potential risks, Bloom is not suitable for beginners. Beginners should prioritize platforms with regulatory oversight and educational resources.
Is Bloom good for day trading？
The platform may offer features suitable for day trading, but the lack of regulation remains a major concern. Consider regulated platforms with robust security measures for day trading.
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