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Score
United Kingdom
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
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Exposure
Score
Regulatory Index0.00
Business Index7.57
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
BlackPearl Securities Limited
Company Abbreviation
BlackPearlFX
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
Note: BlackPearlFX's official website: https://www.blackwh01.com/ is currently inaccessible normally.
BlackPearlFXReview Summary | |
Founded | / |
Registered Country/Region | United Kingdom |
Regulation | FCA (Suspicious clone) |
Market Instruments | 60 Currency Pairs (up to 100 Currency Pairs via FIX API), CFDs on Indices, commodities, and precious metals |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | From 0.6 pips (Pro account) |
From 0 pips (Prime account) | |
Trading Platform | MT4 |
Min Deposit | $100 |
Customer Support | Phone: 4006055850 |
Email: m17080897033@163.com | |
QQ: 349591251, 799831320, 1248604050 |
BlackPearlFX was founded in the United Kingdom. It offers many trading assets, including 60 Currency Pairs (up to 100 Currency Pairs via FIX API), CFDs on Indices, commodities, and precious metals with leverage up to 1:500. However, the FCA-regulation is a suspicious clone.
Pros | Cons |
Various trading assets | Suspicious regulation |
High leverage | High minimum deposit |
Tight spreads | |
Popular trading platform MT4 |
Regulatory Status | Suspicious Clone |
Regulated by | Financial Conduct Authority (FCA) |
Licensed Institution | Black Pearl Securities Limited |
Licensed Type | Straight Through Processing (STP) |
Licensed Number | 688456 |
BlackPearlFX's regulation is a suspicious clone. Its email address and website are different from the license. Even the address of licensed institution is not offered by BlackPearlFX.
Tradable Instruments | Supported |
Currency Pairs | ✔ |
Indices | ✔ |
Commodities | ✔ |
Precious metals | ✔ |
Energies | ❌ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
BlackPearlFX offers two account types: PRO and Prime.
Account Type | Minimum Deposit | Minimum Trade Size |
Pro (STP) | $100 | 0.01 (micro lot) |
Prime (ECN) | $10 000 |
BlackPearlFX's leverage varies by the account types. The Prime account's leverage is 1:100. And the Pro account is 1:500. High leverage always comes with high returns and high losses.
The Pro account of BlackPearlFX starts from 0.6 pips, and the Prime account starts from 0 pips. Besides, the Prime account also has $3 commission per side per 100k trade, and the Pro account's commission is free of charge.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, Mobile, Web | Beginners |
MT5 | ❌ | / | Experienced traders |
BlackPearlFX can deposit and withdraw via bank wire, Skrill, Neteller and UnionPay.
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CommentsWrite a review