Score

1.41 /10
Danger

bloom

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.21

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

bloom · Company summary

Overview of bloom

Bloom offers 24/7 customer support via email and phone calls. Customers can choose different accounts from the five types to trade: Standard Plan, Sylver Plan, Gold Plan, Diamond Plan, and Platinum Plan. However, bloom operates without any regulatory oversight. This lack of rules might put investors at higher risk. Also, investor understanding regarding what bloom remains limited due to insufficient information on their website.

Pros and Cons

Pros Cons
• Offers 24/7 customer support• Operates without regulatory oversight, potentially exposing traders to risks
• Offers multiple account types• The official website is unavailable currently

Is bloom Legit?

bloom seems to operate without any regulatory oversight in the United States.

Is bloom Legit?

Account Type

Bloom offers five types of accounts: Standard Plan, Sylver Plan, Gold Plan, Diamond Plan, and Platinum Plan. They do not offer demo accounts and Islam accounts.

Account Type

Customer Service

Bloom has a 24/7 support team for customer service. You can reach out to them by email at support@bloomforextrades.com, and by phone call at +1(731)238-1564.

Contact Options Details
Phone+1(731)238-1564
Emailsupport@bloomforextrades.com

The Bottom Line

Bloom offers 24/7 customer support and a variety of account types for different trading needs. However, lacking regulatory oversight is the biggest concern. Due to this and limited information on their website, Bloom seems best suited for experienced traders comfortable with a high-risk environment.

FAQs

Is Bloom safe?

Bloom operates without regulatory oversight, raising safety concerns. It's best to proceed with caution.

Is Bloom good for beginners?

No. Due to the lack of regulation and potential risks, Bloom is not suitable for beginners. Beginners should prioritize platforms with regulatory oversight and educational resources.

Is Bloom good for day trading?

The platform may offer features suitable for day trading, but the lack of regulation remains a major concern. Consider regulated platforms with robust security measures for day trading.

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