Bristol House Corporation: reviews and truthful information about the controversial broker.
Introduction to Bristol House Corporation
In this article, we invite you to familiarize yourself with information about the broker Bristol House Corporation, which was recognized at Forex Expo for innovative solutions in the fintech sector. Opinions about the company vary, and the information on its website is not always straightforward. Our analysis will help you understand whether it is worth opening an account with this organization.
Key Facts about Bristol House Corporation
Visiting the official website, you will see that the broker Bristol House Corporation was awarded at an exhibition in Dubai, a fact the company takes pride in. The main page presents information about this award and a link to a video on YouTube.
However, aside from this award, Bristol House Corporation does not have other significant achievements. Information about the company remains relatively unknown: around a thousand people follow them on Facebook, and only 8 followers on Instagram. Reviews about the company are absent on English websites and can only be found in the Russian-speaking segment of the internet.
The company’s website offers a limited amount of information, including promises of client orientation, but does not provide clear information about its clientele or company founders. There is no information about the company’s registration or office locations, as it is registered in the Marshall Islands, which are included in the Russian Federal Tax Service’s “blacklist” of offshore zones.
In such conditions, the activities of Bristol House Corporation may not guarantee the protection and preservation of client funds, considering the lack of transparency and oversight.
Regulation of Bristol House Corporation’s Activities
As noted, Bristol House Corporation is registered in an offshore zone where brokers’ activities are not regulated due to the absence of a financial regulator. The organization does not hold licenses from global regulators, including the Central Bank of Russia.
Despite negative reviews and being listed among organizations with signs of illegal activities, Bristol House Corporation continues its operations and participates in exhibitions, raising questions about how they attract clients and sustain their operations.
Trading Conditions and Account Types
Bristol House Corporation organizers offer a minimum deposit of $50,000 with various tariff plans for Gold and Black accounts, available when depositing $100,000 and $250,000, respectively.
The company charges fees for depositing and withdrawing funds, making the conditions not very favorable for clients. They offer a margin account with a minimum deposit, allowing trading with a leverage of 1:1000, which can be enticing for upgrading to more expensive tariffs.
The currency of operations is the US dollar, the trading platform is MetaTrader 5, and services for copying trades and providing trading ideas are also offered.
Real Traders’ Reviews on their Experience with Bristol House Corporation
In reviews about Bristol House Corporation, the majority of ratings are negative, pointing out problems and difficulties in working with this organization. Users share their experiences, highlighting issues and risks.
Conclusion: Bristol House Corporation — a Company with a Questionable Reputation
Despite some awards and a small number of positive reviews, Bristol House Corporation raises serious doubts. The organization is registered in an offshore zone, lacks licenses, and is listed among organizations with signs of illegal activities.
Supported by the Moscow Higher School of Finance Management, Bristol House Corporation collaborates to attract clients and affirm its operations. However, clients should be cautious and attentive when choosing this broker.