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Bloom Trades Limited

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Risk Level - High

Scam Evidence & Warnings

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The UK regulator FCA added Bloom Trades Limited to warning list The Financial Conduct Authority (FCA) issued a warning against Bloom Trades Limited on March 23, 2023, revealing that this firm might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/bloom-trades-limited

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BrokersView has reviewed that Bloom Trades Limited is an unregulated broker Bloom Trades Limited claims to be registered with the Companies House (CH) under company number 05035533. However, when we searched the website of the CH, we found that number belongs to a company named "Bloom Limited". In addition, it should be noted that the CH is only a registrar of companies in the UK and has no legal authority to issue forex licenses and regulate forex markets. More importantly, the Financial Conduct Authority (FCA) has issued a warning against Bloom Trades Limited, believing this firm might be providing financial services or products in the UK without authorization.The truth is, Bloom Trades Limited is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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BrokersView has identified that Bloom Trades Limited's website is currently offline BrokersView found that the domain "https://bloomtradeslimited.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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