The CONSOB issued a Warning against Blackridge Capital Management Ltd On 18 January 2024, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Blackridge Capital Management Ltd was providing financial services or products without authorisation. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-18-january-2024/718268
Blackridge Capital Management Ltd
VisitRisk Level - High
Blackridge Capital Management Ltd
Risk Level - High
Scam Evidence & Warnings
BrokersView has Reviewed that Blackridge Capital Management Ltd is an Unregulated Broker According to its website, it is incorporated in St. Vincent and the Grenadines, registered number 24636 IBC 2018. Upon investigation, no matching information was found in the Financial Services Authority (FSA).In addition, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Blackridge Capital Management Ltd was providing financial services or products without authorisation.The truth is that Blackridge Capital Management Ltd is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Blackridge Capital Management Ltd is a scam.
How is their BRCM trading software? Dear Investor, We do not recommend using the trading platform of Blackridge Capital Management due to its current lack of valid regulatory license certificates. The broker has not provided any regulatory information, merely claiming to be incorporated in Saint Vincent and the Grenadines. Upon searching the database of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, we did verify the company's registration status. However, this merely signifies its incorporation as an International Business Company (IBC) and does not mean it holds any regulatory licenses. The SVG FSA has publicly stated that it does not regulate forex trading, nor does it issue licenses to forex brokers. In fact, Blackridge Capital Management is not authorized by any regulatory authority, which means there is no security guarantee when trading with it. Therefore, we strongly advise you to avoid engaging in transactions with such a broker to protect your financial security. View Source
How's the spread on Blackridge Capital Management Ltd? It's crucial to conduct comprehensive research when choosing a trading platform. Given that Blackridge Capital Management Ltd is not regulated by any financial authorities, it's highly recommended to steer clear of it for your safety.The company's website states that it is registered in St. Vincent and the Grenadines with the registration number 24636 IBC 2018. However, no corresponding records were found in the Financial Services Authority (SVG FSA) to support its claims.Moreover, the Italian Commissione Nazionale per le Società e la Borsa (CONSOB) has issued a warning against Blackridge Capital Management Ltd for offering financial services or products without proper authorization.Without regulatory oversight, individuals dealing with Blackridge Capital Management Ltd are exposed themselves to fraud and identity theft. To mitigate such risks, it is advisable to stay away from unlicensed platforms like Blackridge Capital Management Ltd and instead choose fully regulated ones. View Source
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