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BLACKROCK FX PRO

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Operating status: SCAM

Website: https://www.brfxpro.com/

Broker violations and abnormal records
  • 2024-01-30 The FCA issues a warning against BLACKROCK FX PRO

    On January 31, 2024, the Financial Conduct Authority (FCA) issued a warning against BLACKROCK FX PRO, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/blackrock-fx-pro

    On January 31, 2024, the Financial Conduct Authority (FCA) issued a warning against BLACKROCK FX PRO, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/blackrock-fx-pro
  • 2024-02-01 BrokersView has reviewed that BLACKROCK FX PRO is an unregulated trading platform

    BLACKROCK FX PRO asserts to be licensed, yet it does not provide any specific regulatory information for transparency or verification by investors. This lack of transparency raises a red flag for potential fraudulent activities.

    The company claims to have been in the market for over five years. However, its domain name, brfxpro.com, was only registered in December 2023. This discrepancy between the website's age and its claimed history is another warning sign.

    BLACKROCK FX PRO purports to be established under US law, but there are no corresponding records in the National Futures Association (NFA) register to support its legitimacy. Furthermore, despite listing a UK address as its office, the Financial Conduct Authority (FCA) has issued a warning against BLACKROCK FX PRO, identifying it as an unauthorized firm in the UK.

    In summary, BLACKROCK FX PRO operates without regulation from any governing body, making it highly risky for investors due to the absence of legal protections for their funds. Therefore, it appears that BLACKROCK FX PRO could potentially be a scam.

    BLACKROCK FX PRO asserts to be licensed, yet it does not provide any specific regulatory information for transparency or verification by investors. This lack of transparency raises a red flag for potential fraudulent activities.The company claims to have been in the market for over five years. However, its domain name, brfxpro.com, was only registered in December 2023. This discrepancy between the website's age and its claimed history is another warning sign.BLACKROCK FX PRO purports to be established under US law, but there are no corresponding records in the National Futures Association (NFA) register to support its legitimacy. Furthermore, despite listing a UK address as its office, the Financial Conduct Authority (FCA) has issued a warning against BLACKROCK FX PRO, identifying it as an unauthorized firm in the UK.In summary, BLACKROCK FX PRO operates without regulation from any governing body, making it highly risky for investors due to the absence of legal protections for their funds. Therefore, it appears that BLACKROCK FX PRO could potentially be a scam.

Related Complaints

Q&A

Does BLACKROCK FX PRO accept US clients?

Moses Phang Ellis
United States of America
2024-02-09
ANSWER BLACKROCK FX PRO, an unlicensed trading platform, is prohibited from accepting US customers due to its lack of oversight by the National Futures Association (NFA).Despite its claims of being licensed and having a five-year market presence, BLACKROCK FX PRO lacks regulatory transparency, which raises suspicions of fraudulent activities. In fact, its domain was only registered in December 2023. Furthermore, it has not registered as a member of the NFA, thereby disqualifying it from offering financial services to US investors.Adding to the concerns, the UK's Financial Conduct Authority (FCA) has issued a warning against BLACKROCK FX PRO, categorizing it as unauthorized.Operating without any regulation, BLACKROCK FX PRO presents a high risk to investors, indicating potential scam activities. To safeguard their interests, investors are strongly advised to avoid unlicensed platforms like BLACKROCK FX PRO and instead opt for fully regulated ones.
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