Introduction to BlackStone500 Review:
With a variety of different scammers in the market, each with their own strategies, it has become comparatively different for normal people like us to trade in the financial market freely. The fear of being scammed by any scammer in the market is truly scary. Even more scary is the fact that in just a blink of an eye, these scammers can steal all of your hard-earned money. Worried if the market is safe at all? Do not worry, for we are here to help you out from this. We publish scam broker reviews daily and reveal all their red flags so that you can identify them yourself and stay safe in the market. If you are here with the intention of knowing whether Blackstone500.com is a scam or not, stay tuned till the end and you will find your answer.
In this section, we will be discussing all the problematic aspects of BlackStone500.
NOT REGULATED BY ANY REGULATION
One of the first red flags we found in this review is the fact that BlackStone500 is unregulated. On top of that, BlackStone500 conveniently tries to trick the customers into thinking otherwise. On their website, BlackStone500 gives their customers contact support that is based in the UK while their terms and conditions are based on Estonian Law. This makes it clear that the company is trying to trick the people into thinking that the company is regulated and settled in the UK.
BAD TRADING SOFTWARE
Upon looking for the trading software that they use, we came to notice that Blackstone500.com neither provides MetaTrader 4 (MT4) or MetaTrader5 (MT5) as their trading software. This is already a bad sign as MT4 and MT5 are the two leading software in the industry and all the regulated brokerage firms opt for these. Meanwhile, BlackStone500 opts for a web-based trading software which proves as yet another red flag in this BlackStone500 review.
TRICKY MINIMUM DEPOSIT
Another trick that BlackStone500 has incorporated into their website is the deposit method. BlackStone500 offers only one kind of deposit method for us to deposit money and that is XchangePro which is a site for buying bitcoins. This way, if we deposit money, it won’t even come to our trader’s account but will be bought with bitcoins instead. As bitcoins cannot be tracked or traced, this is yet another red flag as BlackStone500 is attempting to steal our money this way.
Conclusion: Is BlackStone500 really a scam?
To sum up, all the red flags that have been stated above, we leave it upon you to decide whether BlackStone500 is a scam or not. If you are new to the trade market, we advise you to stay away from Blackstone500.com as it is a potential scam and is unregulated. If you have been scammed by BlackStone500, just fill the form above the review and file a complaint with us. Upon analyzing the complaint, our team will get back to you to discuss the solutions for fund recovery.
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