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blackrockcoltd

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Operating status: SCAM

Website: https://blackrockcoltd.com/en/index.html

Broker violations and abnormal records
  • 2022-08-07 BrokersView has Reviewed that blackrockcoltd is an Unregulated Forex Broker

    blackrockcoltd is not a reliable broker for traders. blackrockcoltd claims it is owned and operated by Unocal Group Limited, a company authorized and regulated by the US National Futures Association (NFA) and the Australian Securities & Investments Commission (ASIC).

    We searched the above two authorities. First, we did not find any match results to blackrockcoltd or Unocal Group Limited in ASIC. The regulatory information in ASIC is a false statement for unsuspecting investors.

    Second, when we searched in NFA, we found this broker is not under valid regulation by NFA since it is not an approved member of this regulator. The truth is that blackrockcoltd is not overseen by any regulators. Investors' funds in this broker are not safe and cannot be protected by any law. Therefore, it is a scam.


    blackrockcoltd is not a reliable broker for traders. blackrockcoltd claims it is owned and operated by Unocal Group Limited, a company authorized and regulated by the US National Futures Association (NFA) and the Australian Securities & Investments Commission (ASIC).We searched the above two authorities. First, we did not find any match results to blackrockcoltd or Unocal Group Limited in ASIC. The regulatory information in ASIC is a false statement for unsuspecting investors.Second, when we searched in NFA, we found this broker is not under valid regulation by NFA since it is not an approved member of this regulator. The truth is that blackrockcoltd is not overseen by any regulators. Investors' funds in this broker are not safe and cannot be protected by any law. Therefore, it is a scam.
  • 2022-11-24 BrokersView has found that blackrockcoltd is not working

    BrokersView found the domain "https://blackrockcoltd.com/en/index.html" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://blackrockcoltd.com/en/index.html" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

Could you please tell me if blackrockcoltd offer Islamic account or charge swap fee?

Great Vest
Tajikistan
2022-10-31
ANSWER blackrockcoltd is not a licensed or regulated broker even though it states offers that look good to be true. blackrockcoltd claims it is owned and operated by Unocal Group Limited, a company authorized and regulated by the US National Futures Association (NFA) and the Australian Securities & Investments Commission (ASIC).We searched the above two authorities. First, we did not find any match results to blackrockcoltd or Unocal Group Limited in ASIC. The regulatory information in ASIC is a false statement for unsuspecting investors.Second, when we searched in NFA, we found this broker is not under valid regulation by NFA since it is not an approved member of this regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a "retail forex exchange dealer." Obviously, blackrockcoltd doesn't satisfy these conditions. The truth is, blackrockcoltd is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like blackrockcoltd and trade with licensed brokers.
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