Investing with Blooms Markets Limited: Is It a Scam?
Blooms Markets Limited claims to be a reputable brokerage firm that offers trading services to its clients. However, upon closer inspection, it becomes apparent that this company is a scam broker. With numerous reports of fraudulent activities and negative client reviews, it is essential to warn potential traders about the dangers of engaging with this unlicensed brokerage firm.
Is Blooms Markets Limited a Licensed Broker?
Blooms Markets Limited claims to be a registered brokerage firm with a license from a regulatory body. However, after an investigation, it has become clear that this license is fake and the company is operating illegally.
Why Should Not Your Trust an Unlicensed Broker?
Traders should be wary of unlicensed brokers as they are not subject to any regulatory oversight, which makes them prone to fraudulent activities such as theft, money laundering, and market manipulation. Furthermore, unlicensed brokers do not provide any protection to their clients, meaning that their investments are at a higher risk of being lost.
Can Blooms Markets Limited Be Trusted?
The answer is a resounding no. It has a history of defrauding its clients, with numerous reports of account closures, delayed withdrawals, and inaccurate trade executions. Moreover, the company has been found to manipulate market prices and engage in unethical practices, all in the pursuit of profits.
What Do Traders Think About Blooms Markets Limited?
Numerous traders have reported negative experiences with Blooms Markets Limited, with many stating that the company engages in fraudulent activities and their funds have been lost. The reviews on various online platforms are overwhelmingly negative, which is a clear indication that the company cannot be trusted.
Scammed by Blooms Markets Limited?- Talk to Our Experts
Submit your scam case through our form if this broker scams you. We will provide a free consultation and service recommendation to recover your lost money.