Score

6.26 /10
Average

Blackrock

Hong Kong

Above 20 years

Regulated in Hong Kong

Dealing in futures contracts

Suspicious Overrun

High potential risk

C

Add brokers

Comparison

Quantity 8

Exposure

Time Machine
Website

Score

Regulatory Index7.09

Business Index9.19

Risk Management Index0.00

Software Index6.38

License Index6.86

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

Blackrock

Company Abbreviation

Blackrock

Platform registered country and region

Hong Kong

Company website

Twitter

Facebook

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 5
Previous Detection : 2024-09-29
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

Blackrock is unable to withdraw. In June of this year, I encountered a fake investment on FB. It was a real scam. I couldn't withdraw 2 million. I hope BlackRock can catch the real culprit.

Beware of fake investment, real fraud. Requrie 5,000 deposit to open an account, and then redemption the next day, lottery shares and huge amounts, and then circle buy again, and keep forcing the victim to deposit money. When you want to withdraw money, you say that there is a problem with the other party's account and you need to pay a deposit or you cannot withdraw money for various reasons.

2022-07-12 18:45
Unable to Withdraw

American female fraud recommends a broker where you are unable to withdraw funds.

Nationality: Canada. I live in Calgary and knew Sijia Zhao via Facebook at the end of February of 2021. Her nationality is China and lives in America. We’ve changed our phone numbers. Hers is +1(412)313-1039. The platform she recommended: https://www.ryderexchange.site/wap, called 111. And they claimed it would list in May. I deposited 1,700 USDT and succeeded in withdrawing 500 USDT. I deposited 15,000 USDT and withdrew1,300USDT afterwards. Sijia Zhao asked me about the amount of my assets on grounds of building relationship with me. And I was asked to deposit 300,000 USDT an out common assets. I withdrew 3,200 USDT when my total account balance was 50,000 USDT. But I failed in withdrawing 32,000 USDT when my account balance was 80,000 USDT on grounds of abnormal IP address. So I have to verify my ID. After that, I was asked to pay 22,000 USDT as a tax fee to withdraw funds. Sijia Zhao told me that her money was also unable to withdraw. She said she called the local police and FBI. But then when I asked her gain, she said she withdrew many times. This is so paradox. So I asked for the screenshot about calling the police. No response. She ended our relationship on grounds of distrust. I recharged over 80,000 Canadian dollars till that time. She is a fraud, claiming that her father had a building company and the phone number of her doesn’t belong to her ID.

2021-04-12 06:26
    Blackrock · Company summary

    Risk Warning

    Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

    General Information

    Blackrock Review Summary
    Founded 1988
    Registered Country/Region Hong Kong
    Regulation MAS, SFC
    Services Investment, advisory and risk management solutions
    Customer Support Phone, email, Twitter, Facebook, and YouTube

    What is Blackrock?

    BlackRock is a globally recognized investment management corporation that provides a comprehensive range of services and products to its clients. With a strong regulatory framework overseen by MAS and SFC, which serves as the integrated regulator and supervisor of financial institutions in Singapore, BlackRock maintains compliance with industry standards. While it is important to note that there have been reports of license exceedances with regulatory bodies such as ASIC and FCA. BlackRock offers various means of contact tailored to different regions and services. Traders are encouraged to select their respective locations from the BlackRock or iShares tab on the company's website to gain access to the appropriate products, tools, insights, and avenues for communication relevant to their specific regions.

    Blackrock's home page

    In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

    Pros & Cons

    Pros Cons
    • MAS and SFC regulated No live chat support
    • A range of financial services • The website is complex to understand
    Multilingual support
    Social media presence

    Blackrock Alternative Brokers

    There are many alternative brokers to Blackrock depending on the specific needs and preferences of the trader. Some popular options include:

    • PI Financial - An independent investment dealer founded in 1982 that offers a wide range of investment products and services to individual, corporate and institutional investors

    • LONGRUN FINANCIAL - A global securities company that provides traders with access to financial products and services.

    • Lydya Financial – A company providing unparalleled financial services and up-to-date investment opportunities in the capital markets.

    Is Blackrock Safe or Scam?

    Blackrock is regulated by Monetary Authority of Singapore (MAS) which is the integrated regulator and supervisor of financial institutions in Singapore and the Securities and Futures Commission (SFC, No. AFF275), which is an independent statutory body set up in 1989 to regulate Hong Kong's securities and futures markets.

    regulated MAS license

    regulated SFC license

    But The broker exceeds the business scope regulated by Australia ASIC (license number: 230523) and by United Kingdom FCA (license number: 178638). Also, there are reports of being unable to withdraw. Therefore, though Blackrock is regulated, traders should be careful because of its negative reports.

    exceded ASIC license

    exceeded FCA license

    As with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

    Services & Products

    Blackrock is a global investment management corporation that offers a wide range of services and products to its clients. Here are the key offerings provided by BlackRock:

    • Investment Management:

    BlackRock is primarily known for its expertise in investment management. They offer a diverse set of investment strategies across various asset classes, including equities, fixed income, multi-asset, alternatives, and index funds. They manage portfolios for institutional clients, such as pension funds, insurance companies, and sovereign wealth funds, as well as individual investors.

    • Advisory Services:

    BlackRock provides advisory services to institutions, governments, and individual clients. They offer customized investment advice based on clients' unique goals, risk tolerance, and time horizon. Their advisory services cover areas like asset allocation, portfolio construction, and manager selection.

    • Risk Management Solutions:

    BlackRock offers risk management solutions to help clients mitigate and manage investment risks. They provide comprehensive risk analytics, portfolio stress testing, and risk assessment tools. These solutions assist clients in understanding potential risks, optimizing their investment strategies, and ensuring compliance with regulatory requirements.

    • Technology and Aladdin Platform:

    BlackRock's Aladdin platform is a cutting-edge technology platform that provides investment professionals with tools for portfolio management, risk analysis, trading, and operational efficiency. It integrates data, analytics, and technology to enable better decision-making and streamline investment processes.

    • Wealth Management:

    BlackRock offers wealth management solutions to individual investors through various channels. They provide financial planning services, investment products, and digital platforms to help clients achieve their financial goals and optimize their wealth.

    • ETFs and Index Funds:

    BlackRock is a leading provider of exchange-traded funds (ETFs) and index funds. They offer a wide range of funds that track various indices across different asset classes and investment themes. These passive investment products provide investors with efficient and cost-effective access to diversified portfolios.

    Last but not least, Blackrocks services and products are vary according to regions. Traders can visit the website and choose their regions to learn about the specific services and products provided by Blackrock.

    User Exposure on WikiFX

    On our website, you can see that reports of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section. We would appreciate it and our team of experts will do everything possible to solve the problem for you.

    User Exposure on WikiFX

    Customer Service

    BlackRock offers different contact ways according to different regions and services. Traders can choose their locations from the BlackRock or iShares tab to access the right products, tools, insights and ways to contact in their regions.

    Customers can visit their office or get in touch with customer service line using the information provided below:

    Telephone: 470-520-5000 (English)

    02-751-0500 (Korean)

    03 - 6703 - 4 100 (Japanese)

    01 56 43 29 00 (French)

    +49(0)69 50 500 3111 (German)

    Email: clientservice.asiapac@blackrock.com

    france@blackrock.com

    germany@blackrock.com

    Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, and YouTube.

    Twitter: https://twitter.com/blackrockhttps://twitter.com/blackrockDE

    Facebook: https://www.facebook.com/blackrock

    YouTube: https://www.youtube.com/channel/UC4mxyB0DHnJlqlDUq0aGtDw

    contact details

    Conclusion

    In conclusion, BlackRock is an investment management corporation that offers a wide range of services and products to its clients. Despite being regulated by MAS and SFC, there have been reports of license exceedances with regulatory bodies such as ASIC and FCA. While BlackRock provides various means of contact based on different regions and services. The company emphasizes its commitment to acting as a fiduciary for its clients, investing for the future, inspiring its employees, and supporting local communities.

    Frequently Asked Questions (FAQs)

    Q 1: Is Blackrock regulated?
    A 1: Yes. It is regulated by MAS and SFC.
    Q 2: How can I contact the customer support team at Blackrock?
    A 2: You can contact via telephone: 470-520-5000 (English), 02-751-0500 (Korean), 03 - 6703 - 4 100 (Japanese), 01 56 43 29 00 (French) and +49(0)69 50 500 3111 (German) and email, clientservice.asiapac@blackrock.com, france@blackrock.com, germany@blackrock.com.
    Q 3: What services Blackrock provides?
    A 3: It provides investment, advisory and risk management solutions.
    Q 4: Is Blackrock a good broker for beginners?
    A 4: Yes. It is a good choice for beginners because it is regulated well and offers various services. But it is noted that there are reports of inability to withdraw from the broker.

    News

    NewsBlackRock ETF Filing Ignites Bullish Sentiment, Resulting in $16M Loss for Bitcoin Shorts

    BlackRock's Bitcoin ETF filing sparks bullish sentiment, resulting in $16M loss for Bitcoin shorts. Rebounding Bitcoin erases recent losses, while other tokens see minor gains. BlackRock's involvement adds new dimension to spot Bitcoin ETF proposals. Traders eagerly await SEC decision.

    WikiFX
    2023-06-16 16:32
    BlackRock ETF Filing Ignites Bullish Sentiment, Resulting in $16M Loss for Bitcoin Shorts

    NewsBlackRock Applies to Launch a Bitcoin Spot ETF, Marking a Potential First in the US

    BlackRock proposes the US's first Bitcoin spot ETF, aiming to simplify direct Bitcoin investments. Approval still pending from the SEC.

    WikiFX
    2023-06-16 15:41
    BlackRock Applies to Launch a Bitcoin Spot ETF, Marking a Potential First in the US

    NewsBlackRock Reportedly Sells FutureAdvisor's Direct-to-Consumer Business to Ritholtz Wealth Management

    According to the report, BlackRock, the world’s largest asset management company, sold FutureAdvisor’s direct-to-consumer business to an investment advisory company called Ritholtz Wealth Management.

    WikiFX
    2023-03-01 17:03
    BlackRock Reportedly Sells FutureAdvisor's Direct-to-Consumer Business to Ritholtz Wealth Management

    NewsAccording To The CFO, BlackRock Has Frozen Hiring And Reduced Spending

    ​BlackRock Inc Chief Financial Officer Gary Shedlin said that his company is halting most employment and cutting spending.

    WikiFX
    2022-12-08 12:03
    According To The CFO, BlackRock Has Frozen Hiring And Reduced Spending

    User Reviews

    More

    User comment

    4

    Comments

    Write a review

    FX1245234069
    more than one year
    It's hard to believe that this company that has been around for over 15 years is also a scammer. To be honest, if I hadn't habitually checked wikifx, I would have foolishly invested here.
    It's hard to believe that this company that has been around for over 15 years is also a scammer. To be honest, if I hadn't habitually checked wikifx, I would have foolishly invested here.
    Translate to English
    2023-02-17 15:59
    Reply
    0
    0
    FX1156270465
    more than one year
    不要在這個平臺上投資或是交易,否則你將一直無法提現, 損失一大筆錢。這個平臺就是一個百分之百的詐騙平臺,不要相信他們所說的會有高額的盈利完全不可能的。 相信他們,那麽你就會萬劫不復!
    不要在這個平臺上投資或是交易,否則你將一直無法提現, 損失一大筆錢。這個平臺就是一個百分之百的詐騙平臺,不要相信他們所說的會有高額的盈利完全不可能的。 相信他們,那麽你就會萬劫不復!
    Translate to English
    2022-12-13 10:56
    Reply
    0
    0
    8