Blacklands Finance Limited: 2022 Results
Blacklands Finance Limited is a company that strives to gain the trust of traders by offering favorable conditions and prompt order execution. However, many users who fall for their tricks face financial losses. In this review, we will examine the activities of Blacklands Finance Limited and describe customer reviews of their work in 2022.
Brief Information
Blacklands Finance Limited does not disclose much information about itself, hiding the faces of the creators and even the date of foundation on their website blacklandsfin.com. However, our checks have shown that the company was created just two months ago. Despite claims of cooperation with numerous traders, it is impossible to find any reviews of their work online.
It is also worth noting that Blacklands Finance Limited has an alternative site blacklandsfin.vip, which has the same design and interface. Presumably, this is a backup option in case the main domain is blocked.
Contact Information and Data Verification
The website lists a contact phone number, which, as it turned out, also belongs to another company MWC Trading LTD, associated with fraudulent schemes. Claims of official registration in the UK also turned out to be false: the company Blacklands Finance Limited, listed on the website, has no connection to registered organizations.
Legal Documentation and Licensing
Contracts with Blacklands Finance Limited are only available in English, which creates inconvenience for clients from CIS countries. Additionally, the company does not mention having a license, raising questions about its integrity. The British regulator FCA does not have any company or broker with that name in its registry.
Company Offers
Blacklands Finance Limited offers five types of accounts with different conditions and entry thresholds. At the same time, the company does not provide full information on trading conditions, such as spreads, commissions, and swaps, and does not mention licensing and regulatory activities.
Customer Reviews
At the time of writing this review, there are no reviews of Blacklands Finance Limited yet, as the company is relatively new. Monitoring reviews and updating information will continue.
Scam Essence
Without a license, Blacklands Finance Limited cannot actually execute trades on the market, offering only trading simulation. Users face pressure from analysts offering trades that often end in financial losses for clients.
Conclusion
Blacklands Finance Limited is a company that exposes clients to the risk of financial losses due to the lack of a license and insufficient transparency in its operations. It is advisable to approach their promises with caution to avoid falling victim to scammers.
I had an extremely unsatisfactory experience with Blacklands Finance Limited. Their customer service was horrendous, with unresponsive representatives and unjustifiably long hold times on calls. Not only was their response time appalling, but the information shared was often conflicting and confusing, reflecting a clear lack of training and professionalism. I also found their lack of transparency concerning fees distressing. Hidden charges were slipped into transactions without prior notifications. Furthermore, their online trading platform was frequently down, constraining me on crucial trading days. All in all, my experience with Blacklands Finance Limited in 2022 was disappointing and I wouldn’t recommend their services.