Blackstocke review: trading opportunities, reviews

• Categories: Forex

Under the Hood of Blackstocke Company: Assessing Actions

Do not trust all promises made by brokers, as fraudsters hide behind a facade of honesty, as is the case with Blackstocke. The company is defined as a stable financial provider with experience since 2011. However, reviews say otherwise, labeling it a “one-day broker.” It is necessary to check the facts rather than rush to conclusions.

Insight into Blackstocke’s History: Brief Information

Presumably, Blackstocke has been operating for almost 10 years and is part of Turquoise Global Holdings LTD. According to Blackstocke’s website, financial support is provided by the British regulator Financial Conduct Authority.

Factual check reveals that the license number published on the FCA website for Blackstocke, 525956, does not exist in the registry of this authority, indicating unregulated activities of the company. The likelihood of losing your funds at any moment is high, judging by reviews.

It is also worth noting that the claim of being registered in the UK by Blackstocke is not confirmed by a genuine license from the local regulator. The registration date of their business in 2020 excludes a decade of experience in financial markets. Statements on the company’s website about the number of clients and transactions seem doubtful.

• 200,000 traders registered;
• over 2 million trades executed daily.

Most likely, it is a one-day broker with a limited number of reviews, appearing recently. The launch date of the Blackstocke website in April 2020 indicates its short existence and a wave of reviews regarding financial losses due to deception on the platform.

There is no information available on the leaders of the brokerage company. The hidden identities of fraudsters allow them to evade responsibility for client losses.

Interacting with Blackstocke’s Support: Contact Information

Reviews suggest that the contact details provided on the Blackstocke website are useless, and customer support is non-existent. Communication channels are intended for manipulation and gathering information about potential victims.

The official site lists:

• phone: +442077971000;
• email: Info@blackstocke.com;
• office address: 40 Russell’s Wharf Flats, Harrow Road (London).

Reviews also note that contacting support leads to no results. Even if contact is made, fraudsters do not assist in resolving clients’ complex issues.

Despite claiming a customer-centric approach, Blackstocke still has no social media presence. Fraudsters avoid publicity to refrain from disclosing additional information.

Registration Process on the Blackstocke Platform

The registration process on Blackstocke is simple, but its simplification holds hidden motives of scammers who aim to take your money.

Registration involves filling out an electronic form:

• email;
• phone number;
• first name;
• last name;
• password.

Reviews advise exercising caution and carefully studying the broker’s rules. Legal documents only work in favor of fraudsters, and by registering, you play by their rules, which is a losing strategy.

Trading Conditions with Blackstocke

To attract newcomers, Blackstocke offers a registration bonus of $10,000, but it is almost impossible to clear. The demo account’s validity period is only 5 days, insufficient for evaluating the platform and strategies risk-free, as users report.

The site lacks specifics on trading conditions, but it is known that CFDs on various assets, including cryptocurrencies, stocks, and indices, are available. Information on minimum deposits, leverage, spreads, and other conditions is absent.

Trading is conducted on the UTIP platform, which has a questionable reputation and is used by fraudsters to deplete deposits, as per reviews.

Conclusions on Blackstocke: Deception or Truth?

Blackstocke spreads false information in hopes of deceiving gullible traders. The company lacks a license, fails to provide information on trading conditions, and does not attract clients to the market, only interested in others’ money.