BlocksBrokers Review – Is Investing in Blocksbrokers.com Safe?
In this detailed BlocksBrokers review, we will uncover the red flags, and types of scams associated with blocksbrokers.com Broker, and guide how to recover lost funds.
About BlocksBrokers
BlocksBrokers (blocksbrokers.com) is a worldwide, multi-asset broker that claims to provide clients with access to a flexible and dynamic platform for trading CFDs on Forex, Commodities, Indices, and Shares. However, before you consider investing with this broker, it is essential to examine the credibility and legitimacy of BlocksBrokers.
Company Name – MCG MARKETING LTD
Website – https://www.blocksbrokers.com/
Address – Suite 10 Mawtec House New Street, Mawdesley, Ormskirk, Lancashire, United Kingdom, L40 2QP.
Regulatory Warning – Not Recommended By Review Website Like Scams Report
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Why BlocksBrokers Raises Concerns?
1. No Valid Regulation
BlocksBrokers is unregulated, which is a significant warning sign. Regulated brokers are required to follow strict financial rules so that trades are even. Being unregulated, BlocksBrokers can manipulate trades and deny withdrawals without consequences.
2. Negative Reviews and Complaints
- Trustpilot Score: 3.0 (Mostly Negative)
- TrustScore: 1/100 (Extremely Low)
- Users report missing funds and withdrawal issues
- Website owner hides identity using WHOIS protection
3. High-Risk Trading Practices
- Involvement in cryptocurrency services (high-risk)
- Automated trading software linked to scams
- Aggressive marketing tactics to lure deposits
How the Scam Works
Scammers first convince traders to deposit funds, then transfer them to a retention agent who persuades them to invest more. Withdrawal requests are often ignored.
Conclusion – Should You Trust BlocksBrokers?
This BlocksBrokers broker review brings out several red flags, ranging from unregulation to scamming. BlocksBrokers platform review indicates that it is a high-risk broker that traders ought to avoid under all circumstances.
Beware! These Scams Are on the Rise
There are different types of scams, and what is more, they have been unified to a very high level so that they target common people at varied venues. Here are common scams you should know about:
It’s possible to create fake profiles, phishing links, or other impersonation tactics aimed at stealing personal data, hacking your accounts, or persuading people to send money.
Scammers promise extremely high returns, and then disappear with the investment process; scams also come in phishing attacks, which target crypto wallets to steal digital assets.
Lure and entice a trader with talk evincing profit and their fantastic trades for unregulated forex brokers and open signal providers, only to manipulate the trades or close access to withdrawals.
These scams entail building a relationship around a victim through dating apps or social media to win the individual’s trust before asking for some funds.
Scammers do run scams on Instagram, Twitter, and TikTok for different purposes. They fabricate investment schemes, phishing links, and identity theft-based tactics.
How Scams Report Can Assist Victims Get Their Funds Back
If blocksbrokers.com Broker is scamming you then you are not alone. Contact us! Our expert team provides:
- Free Consultation: We analyze your case and advise on the best recovery strategy.
- Chargeback Services: If you paid through a credit card, we assist in initiating chargebacks to reclaim your funds.
- Crypto Recovery: We provide specialized crypto fraud recovery solutions for victims who lost money through digital assets.
About Scams Report
Scams Report is a trusted fraud reporting and fund recovery assistance company dedicated to helping victims of financial scams. It provides expert guidance, chargeback support, and legal assistance to recover lost funds. Additionally, its blog educates users by exposing fraudulent brokers and investment scams, ensuring safer financial decisions for traders worldwide.
All newly invented fraudulent schemes to fool new traders are constantly monitored by us on the Internet. For over a decade, we have been collecting scam-related data, so we do believe in knowing every UNFAIR company operating in the market. Therefore, we have gathered the information regarding the scammers from the List of SCAM Brokers for you.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.
