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Bloom Finance

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Operating status: SCAM

Website: https://bloomfinanceholding.com/

Broker violations and abnormal records
  • 2022-07-26 The British Columbia BCSC Added Bloom Finance into Its Investment Caution List

    On 27 July 2022, the British Columbia Securities Commission (BCSC) issued a warning that Bloom Finance is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/bloom-finance

    On 27 July 2022, the British Columbia Securities Commission (BCSC) issued a warning that Bloom Finance is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/bloom-finance
  • 2022-07-27 BrokersView has Reviewed that Bloom Finance is an Unregulated Forex Broker

    Bloom Finance claims it started business in 2019. However, by checking its domain, we found the domain has been created in 2021, less than one year ago. It is a red flag.

    Bloom Finance also presents company number 06568337 and attaches a link that leads to Companies House of United Kingdom (CH). We searched in CH and found a company named QUEST ASSESSMENTS LIMITED. No proof can prove Bloom Finance has an association with the company. Besides, please be informed that CH does not regulate forex activities or issue forex licenses. Having registration does not mean being authorized to provide financial services. 

    As per United Kingdom law, if Bloom Finance is authorized to provide forex services, it shall be regulated by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find results that matched this broker in the UK FCA register.

    Moreover, the British Columbia Securities Commission (BCSC) issued a warning that Bloom Finance is not registered to trade in, or advise on, securities or derivatives in BC.

    The truth is that Bloom Finance 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.

    Bloom Finance claims it started business in 2019. However, by checking its domain, we found the domain has been created in 2021, less than one year ago. It is a red flag.Bloom Finance also presents company number 06568337 and attaches a link that leads to Companies House of United Kingdom (CH). We searched in CH and found a company named QUEST ASSESSMENTS LIMITED. No proof can prove Bloom Finance has an association with the company. Besides, please be informed that CH does not regulate forex activities or issue forex licenses. Having registration does not mean being authorized to provide financial services. As per United Kingdom law, if Bloom Finance is authorized to provide forex services, it shall be regulated by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find results that matched this broker in the UK FCA register.Moreover, the British Columbia Securities Commission (BCSC) issued a warning that Bloom Finance is not registered to trade in, or advise on, securities or derivatives in BC.The truth is that Bloom Finance 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.
  • 2022-11-23 BrokersView has found that Bloom Finance is not working

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

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