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Blink Trades

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Operating status: SCAM

Website: https://blinktrades.com/

Broker violations and abnormal records
  • 2023-07-23 BrokersView has reviewed that Blink Trades is an unregulated broker

    Blink Trades claims that it is operated by Blink Trade Ltd, incorporated in St. Lucia and registered by the Registrar of International Business Companies under Registered number 2023-00147. However, we find no records matching this company in the Financial Services Regulatory Authority of St. Lucia (FSRA), suggesting that it fails to obtain any license from the financial watchdog. Further more, the FSRA doesn't regulate forex trading.

    In essence, Blink Trades is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Blink Trades claims that it is operated by Blink Trade Ltd, incorporated in St. Lucia and registered by the Registrar of International Business Companies under Registered number 2023-00147. However, we find no records matching this company in the Financial Services Regulatory Authority of St. Lucia (FSRA), suggesting that it fails to obtain any license from the financial watchdog. Further more, the FSRA doesn't regulate forex trading.In essence, Blink Trades is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

How much commission here?

Rick Von
Gambia
2023-07-25
ANSWER If you are looking to engage with Blink Trades, we strongly suggest you drop that plan due to its status as an unregulated platform.Blink Trades claims that it is operated by Blink Trade Ltd, incorporated in St. Lucia and registered by the Registrar of International Business Companies under Registered number 2023-00147. However, we have been unable to locate any record matching this company in the Financial Services Regulatory Authority of St. Lucia (FSRA), suggesting that it has failed to obtain any license from the financial watchdog. Further more, the FSRA doesn't regulate entities involved in forex trading.In conclusion, Blink Trades is an unregulated broker which comes with significant risks, such as financial losses and identity theft, as there are no rules in place to protect investors from fraud or theft. Therefore, we highly recommend avoiding unregulated brokers like Blink Trades and instead opt for a fully regulated one.
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2 comments

Joshua Journo
If I could give no stars I would Aesthepan it is not a reliable broker. It is a scammer be aware of his nicest but fake words!
2022-08-10
Reply
Elijah jah
平台惡意拉大歐美點差導致鎖單對沖爆倉，結果推說是流動性拉大不處理，虧損的錢要我自己認賠
2022-07-18
Reply
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