Score

1.28 /10
Danger

BLH Forex

Australia

1-2 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index5.22

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

BLH Forex · Company summary
BLH ForexReview Summary
FoundedNot mentioned
Registered Country/RegionAustralia
RegulationNo regulation
Market InstrumentsCryptocurrency, Forex, Commodities, Indices, Stocks, Equities
Demo AccountNot mentioned
LeverageUp to 1:100
SpreadNot mentioned
Trading PlatformFX6
Min DepositNot mentioned
Customer SupportPhone: +81 8092876777
Email: blhforex123@gmail.com
Physical Address: FLOOR 1 OFFICE 25 22 MARKETSQUARE LONDON UNITED KINGDOM E14 6BU

BLH Forex Information

BLH Forex, a broker from Australia, provides traders with opportunities to trade cryptocurrencies, Forex, indices, commodities, stocks, equities and global indices. The trading platform currently supported is FX6. However, it currently operates in an unregulated state and is not secure.

Pros and Cons

Pros Cons
Zero commissionNo regulation
A variety of tradable assetsMT4/5 is not supported
No account information was provided
Spread commission information is not clear
Terms of payment unknown

Is BLH Forex Legit?

BLH Forex is currently not under the supervision of effective regulators and operates outside the law, carrying large risks.

Is BLH Forex Legit?
Is BLH Forex Legit?

What Can I Trade on BLH Forex?

BLH Forex primarily positions itself as a cryptocurrency broker, but the instruments that traders can trade on BLH Forex also include Forex, stocks, equities, global indices and commodities.

Tradable Instruments Supported
Cryptocurrency
Forex
Commodities
Indices
Stocks
Equities
Bonds
ETF

Leverage

What can be known is that BLH Forex offers London Gold with a leverage ratio of 100 times and Gold T+D with a leverage ratio of about 12.5 times.

BLH Forex Fees

The broker emphasized that it offers traders a trade with zero commission, but did not mention specific information about the spread. In addition, BLH Forex claims to have the lowest warehouse interest expense in the industry, but the specifics are unknown.

Trading Platform

BLH Forex offers the FX6 trading platform, which can be easily used on PC, Android and iOS devices.

Trading PlatformSupported Available Devices Suitable for
FX6 trading platformDesktop, MobileBeginner
MT4
MT5

Customer Service

BLH Forex does not state that it offers a 24/7 online service. There are three clear ways for traders to get customer support: phone, email and physical address.

Contact Options Details
Phone+81 8092876777
Emailblhforex123@gmail.com
Physical AddressFLOOR 1 OFFICE 25 22 MARKETSQUARE LONDON UNITED KINGDOM E14 6BU

The Bottom Line

Even though BLH Forex claims zero commission trading and offers a large number of trading products, none of them can offset the impact of its current problems. BLH Forex does little to disclose critical information and is not regulated. It can be said that it is a poor quality and unsafe broker.

FAQs

Does BLH Forex have comparative advantages?

Yes, 0 commission and a variety of trading products are its biggest advantages.

What tradable assets does BLH Forex offer?

BLH Forex offers trading products including cryptocurrencies, forex, stocks and more.

What are the transaction fees for BLH Forex?

BLH Forex is commission-free and the exact fees for spreads and overnight interest are not specified.

User Reviews

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User comment

2

Comments

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Benjamin Young
more than one year
Withdrawals? Like waiting for popcorn to pop - takes longer than you'd think.
Withdrawals? Like waiting for popcorn to pop - takes longer than you'd think.
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2023-10-11 09:48
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Lucas Jackson
more than one year
First off, their website legit barely works half the time. Always error messages, trouble loading pages, real janky experience. Makes it impossible to monitor your account or track trades when the site keeps crashing. The info they provide is weak too. Very limited education, bare bones trading stats, no analyst commentary. As a trader you need good info to make decisions and BLH just doesn't provide it. Trying to get in touch with their customer support is a headache too. Long wait times to chat or call, reps who clearly have no clue what's up. Good luck getting useful help.
First off, their website legit barely works half the time. Always error messages, trouble loading pages, real janky experience. Makes it impossible to monitor your account or track trades when the site keeps crashing. The info they provide is weak too. Very limited education, bare bones trading stats, no analyst commentary. As a trader you need good info to make decisions and BLH just doesn't provide it. Trying to get in touch with their customer support is a headache too. Long wait times to chat or call, reps who clearly have no clue what's up. Good luck getting useful help.
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2023-10-10 17:02
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