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BlocksBrokers

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Operating status: SCAM

Website: https://www.blocksbrokers.com/

Broker violations and abnormal records
  • 2025-04-07 The FCA issues a warning against BlocksBrokers

    On April 8, 2025, the Financial Conduct Authority (FCA) issued a warning against BlocksBrokers, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/mcg-marketing-ltd-blocksbrokers-wwwblocksbrokerscom

    On April 8, 2025, the Financial Conduct Authority (FCA) issued a warning against BlocksBrokers, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/mcg-marketing-ltd-blocksbrokers-wwwblocksbrokerscom
  • 2025-04-08 BrokersView has reviewed that BlocksBrokers is an unregulated broker

    BlocksBrokers claims to be operated by a company called MCG MARKETING LTD, which purports to be domiciled and authorized in the UK. However, the Financial Conduct Authority (FCA), a major British financial regulator, has issued a warning about the company, noting that it is not authorized by them and advising investors to stay clear of this potential scam.

    In essence, BlocksBrokers is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  BlocksBrokers appears to be a scam. 

    BlocksBrokers claims to be operated by a company called MCG MARKETING LTD, which purports to be domiciled and authorized in the UK. However, the Financial Conduct Authority (FCA), a major British financial regulator, has issued a warning about the company, noting that it is not authorized by them and advising investors to stay clear of this potential scam. In essence, BlocksBrokers is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. BlocksBrokers appears to be a scam.

Related Complaints

Q&A

BlocksBrokers - real or a scam?

Ma Cecilia Villa
Mauritius
2025-04-18
ANSWER Dear Investor, We strongly advise against trading with BlocksBrokers. The company claims to be operated by MCG MARKETING LTD, which purports to be domiciled and authorized in the UK. However, the facts indicate otherwise. The Financial Conduct Authority (FCA) has issued an official warning about BlocksBrokers, highlighting that it is not authorized by them and cautioning investors to steer clear of this potential scam. Based on these findings, BlocksBrokers strongly appears to be a scam. To protect your investments, we urge you to avoid any dealings with this firm.
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BlocksBrokers. I am very much skeptical.

Anubavsheik
Bahamas
2025-04-09
ANSWER Dear Investor, BlocksBrokers presents significant concerns regarding its legitimacy and regulatory status. The company claims to be operated by MCG MARKETING LTD, which purports to be domiciled and authorized in the UK. However, the Financial Conduct Authority (FCA), a major British financial regulator, has issued a warning against the company, stating that it is not authorized and advising investors to avoid dealing with this potentially fraudulent entity. Given these red flags, potential investors should exercise extreme caution and refrain from engaging in transactions with BlocksBrokers. Always verify a firm's legitimacy through official regulatory sources before committing funds.
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1 comments

Roberto
Blocksbrokers , Grote scam
2025-04-15
Reply
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