Score

1.41 /10
Danger

BlueHawk

Suspicious Regulatory License

White label MT4

High potential risk

B

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Score

Regulatory Index0.00

Business Index6.26

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Broker Information

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Company Name

BlueHawk.

Company Abbreviation

BlueHawk

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

BlueHawk · Company summary

Since BlueHawks official website (https://blue-hawk.b12sites.com/index) is now down, we had to resort to scouring other websites for relevant information in order to construct a rough picture of the company's forex broker operations.

 BlueHawk Basic Information

General Information

BlueHawk seems to be a forex and CFD broker offering related trading services, and it was not established long, with an operating time of less than 2 years. Since the inaccessibility of BlueHawks official website, we were unable to obtain further information about its trading assets, minimum deposit, spreads and commissions, and more.

So, I am afraid that the only good news is that BlueHawk offers the MT4 White label trading platform.

Is BlueHawk safe to trade with

Unfortunately, we feel BlueHawk has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. In light of this lack of licensing, this brokers regulatory status is classified as “No License” on the WikiFX website and it receives an overall quality rating of 1.21 out of 10.

Please be aware of the considerable risk associated with trading with an unregulated forex broker.

WikiFX

Trading Platform

BlueHawk offers its clients access to the leading MT4 trading platform, which is among the most popular trading platforms around the world, including the robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

Customer Support

Worrying, traders with any inquiries or trading-related issues can only get in touch with BlueHawk through an email it gave: support@bluehawkfx.com, with other more direct contact channels not available, which is another red flag.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

User Reviews

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Comments

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JakieZhao0061
more than one year
Honestly, I think they might even be manipulating their own platform and the prices on it. And don't even get me started on their trading signals – they were totally useless.
Honestly, I think they might even be manipulating their own platform and the prices on it. And don't even get me started on their trading signals – they were totally useless.
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2023-04-04 09:31
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Smith Austin777
more than one year
So I tried BlueHawk out after they advertised their "low spreads" and "high leverage", but let me tell you, it was all just a load of bull. The spreads were actually crazy high and the leverage they offered was just a trap to make you lose more money. They said they had MT4, MT5, and webTrader, but when I used MT4 the trading data was incomplete and the server was always delayed, which messed up my trades and made it hard to keep up with the market.
So I tried BlueHawk out after they advertised their "low spreads" and "high leverage", but let me tell you, it was all just a load of bull. The spreads were actually crazy high and the leverage they offered was just a trap to make you lose more money. They said they had MT4, MT5, and webTrader, but when I used MT4 the trading data was incomplete and the server was always delayed, which messed up my trades and made it hard to keep up with the market.
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2023-04-03 18:29
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