We use cookies to improve your experience on WeConnectFX.

Bluewhale Trade logo

Bluewhale Trade

Visit

Risk Level - High

Scam Evidence & Warnings

!

The Ireland CBI Added Bluewhale Trade into Its Warnings On June 28 2022, the Central Bank of Ireland (CBI) issued a warning that Bluewhale Trade has been operating as an investment firm / investment business firm in Ireland in the absence of appropriate authorisations. You may visit: https://www.centralbank.ie/news/article/warning-notice-blue-whale-clone-28-june-2022

!

Brokersview has Reviewed that Bluewhale Trade is an Unregulated Forex Broker Bluewhale Trade claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of unlicensed broker, as regulated brokers always present their accreditations and licensed in a prominent position. It is a red flag. Bluewhale Trade also claims to be a UK-based entity. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA. What's more, the Central Bank of Ireland (CBI) issued a warning that Bluewhale Trade has been operating as an investment firm / investment business firm in Ireland in the absence of appropriate authorisations. That means Bluewhale Trade 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.

!

BrokersView has found that Bluewhale Trade is not working BrokersView found the domain "https://bluewhaletrade.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Reviews

Please sign in or register to share your experience

No reviews yet for this broker. Be the first to leave one!

Dashboard Home Brokers Brokers Prop Firms Props