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Blockex Trade Review: Blockex.trade A Unreliable Broker

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Blockex Trade Review: Blockex.trade A Unreliable Broker

Blockex Trade is a trading platform that grants you access to forex, stocks, and crypto investment. They brag about being the leading broker in the industry. So you might end up investing money in the company. Blockex Trade is not trustworthy, and you should not spend even a single dime of your hard-earned money.

Blockex Trade Review, Blockex Trade Company

The company shows so many red flags. Accordingly, as you read this unbiased review, we highlight the ambiguity they expose. Blockex Trade looks forward to making trading a walk in the park. They claim setting up an account is easy, and you gain access to the market fast. 

Meanwhile, these reliable crypto trading platforms operate via tried and tested traits. They also feature risk management measures that should protect you from sudden market shifts. Even so, you should fully understand how the market works before investing your hard-earned money. Blockex Trade does not explain how they achieve profits despite the vast competition in the market. 

They also promise you excellent prices as part of the added advantage of investing with them. It grants you excellent costs and no hidden fees while trading. Blockex Trade is accessible by all level traders. Therefore as a newbie trader, you should find helpful educational content. The company does not feature webinars or tutorials to turn you into a better trader. 

Blockex.trade Review

Blockex.trade grants you the use of the leading tools in the market. Also, you can access the services they offer on any device. Automatic trading is of great value over humans due to the inability to mix trading with emotion.

Consequently, you might result in relying on the wrong tools and attract undesirable losses. Blockex.trade does not reveal any algorithm that helps the software attain profits. 

Furthermore, they do not let you test and understand how they operate. Also, a demo account is beneficial for the same purpose. Investing real money without prior testing its services is not advisable. Blockex.trade shows so many scam peculiarities that should warn not to go further with the company. 

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They do not reveal the founders’ data or the team of employees’ qualifications. So you may end up counting on people who barely understand how the market operates. Blockex.trade fails terribly on their transparency, and they appear to have a hidden motive to rob your money. 

How Blockex.trade Operates

Blockex.trade operates in a technique that is similar to all scammers. They hide personal data, and they hardly seem to have a suitable trade strategy that they apply. Also, you cannot test the software due to the absence of a demo account.

Pyramid schemes will often promise you profits that are not even attainable in we’ll established platforms. Nevertheless, the market faces high volatility, and guaranteeing constant returns is not valid. 

Blockex.trade Review, Blockex.trade Platform

You may come across losses while trading and risk measures such as stop loss to take profit are highly helpful. Blockex Trade does not seem to have any trade activities ongoing. They mainly seem to focus on the funds you deposit.

They do not have past trade data to determine the kind of returns to expect from them. Moreover, they may be attracting negative returns, and such data is barely welcoming to post on the website. The sales page is poorly done, and they commit a lot of important information. 

Blockex Trade, just like every other Ponzi scheme, will use any means to get hold of your money. Hence attractive bonuses and over-estimated profits are what most use. You should stay wary of such techniques and avoid the platform at all costs. They do not reveal the suitable trading platform they use. MetaTrader 4 or 5 is a well-established platform that most investors use. 

Funds Safety

Blockex Trade does not guarantee any safety of your funds. Accordingly, your data may fall into the wrong hands leading to criminal activities. Even so, the security of your funds should always be a top priority while picking a trading platform.

The investment firm shows so many reasons not to trust them. They do not feature any transaction history to prove you can easily access your money after investing. 

Blockex Trade seems to only be of benefit to the anonymous people behind the company. They do not reveal any banking data to prove your money is safe. They might even end up keeping your money in personal accounts. There is also no refund once you make a deposit. Consider your business with them over.

Deposit and Withdrawals

BlocTrade’srade minimum investment amount is $10000. The figure is highly costly to a platform you hardly know how it operates. However, you can find your account via various options such as; Wire Transfer, Sepa, Bitcoin, B Pay Bitcoin, Mastercard, and Visa.

Cryptocurrency and wire transfer transactions are irreversible. So you should always fund your accounts via Credit/Debit since they allow a chargeback up to 540 days after making a deposit. 

Blockex Trade does not feature any information on withdrawals. Hence you will go through a tough time before accessing your money.  They promise not to charge any hidden fees, yet we all know how scammers often operate.

They will result in holding your money back and cutting all communications afterward. There is no data to showcase customers easily access funds after trading. So you should not expect to receive any preferential treatment. 

Investment Plans

Blockex Trade features different packs that you can choose from. However, there is nothing special on why you should even select an expensive account. They have given other plans; Standard, which grants you the leverage of 1:200, up to 25% margin loan, daily market news, market analysis, account manager, and weekly portfolio progress reports. The minimum amount you can invest here is $10000.

Silver Gold, Vip, and Pro allow you to invest up to $1000000 with no actual reason to pay such figures. They also grant traders a margin loan of up to 100%. The plans do not even have estimations on profit, and you should avoid the investment firm.

Customer Support

Blockex Trade grants its customers world-class customer support. They claim to feature a team of professionals who are ready to answer all your queries. The support team is available round the clock. However, they do not have any means of contact apart from writing to them via email; [email protected]. 

Accordingly, working customer support enhances more trust in the company. It also helps in creating a customer-friendly interface. Also, scammers will result in cutting all sorts of communication once they have your money.

They do not have a location whereabouts address to track them with when they have your funds. Therefore Blockex Trade maintains anonymity, and you can hardly reach them.

Blockex Trade Regulation Status

Blockex Trade does not fall under any regulatory body. So they are illegally generating public funds while claiming to offer trading services. Unregulated companies barely last in the market, and they end up facing bankruptcy. Hence, you can rely on these crypto trading platforms for sensible profits. Also, you can easily find and verify the regulation information they provide. 

On the other hand, the vice versa will try to use false data to get you into making a deposit. Blockex.trade founders risk facing criminal charges. So it could be the main reason for hiding similar data from customers. Accordingly, since they can barely afford regulation fees, the company can quickly disappear with all your money. Different countries require all trade platforms to adhere to trade guidelines.

Final Verdict 

Blockex Trade does not grant a single reason to go ahead and invest with them. The company has a shady style of operations, and they show so many red flags to serve as a warning. They do not have past trade data to help in determining the kind of returns to expect. 

Also, it would help if you always read reviews from reliable sources and research before investing. Unlike Blockex.trade, these reliable crypto trading platforms will attract pleasing results your way. They apply tried and tested traits, and you will enjoy a good trade experience. 

What do investors have to say about this company?

Blockex Trade is not a genuine platform

Is the customer Support of Blockex Trade Sound

No this is a platform that is to no good.

Is Blockex Trade regulated?

No, the entity is unregulated

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