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Blockex-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2026-04-20 22:18

Abstract:Blockex is an unregulated online forex broker based in the United Kingdom, operating for 2-5 years. It offers a variety of trading instruments, including forex, CFDs, stocks, and metals, with leverage up to 1:500.

Blockex Review Summary
Company NameBlockex
Registered CountriesUnited Kingdom
Founded2-5 years
RegulationUnregulated
Minimum Deposit$100
Maximum Leverage1:500
Minimum Spread0.6 pips
Payment MethodsCrypto Wallets, Skrill, Neteller, MasterCard, VISA, American Express, iDeal, Webmoney, BPAY, Discover, and Western Union
Customer Supporttelephone: +1(231) 844-9949
email: support@blockextrade.com

Blockex Information

Blockex is an unregulated online forex broker based in the United Kingdom, operating for 2-5 years. It offers a variety of trading instruments, including forex, CFDs, stocks, and metals, with leverage up to 1:500.

Pros and Cons

ProsCons
Offers over 10 trading productsUnregulated
Provides over 10 payment methodsMinimum deposit of $100
Offers an online trading platform (Blockxtrade Web Trader)

Is Blockex Legit?

Blockex's corporate domain (blockex.com) is registered through Gandi SAS, with a registration date of October 3, 2014, and an expiration date of October 3, 2024. Currently, Blockex is unregulated.

Is Blockex Legit?
Is Blockex Legit?

What Can I Trade on Blockex?

Blockex offers more than 10 trading products, including forex, CFDs, Stocks, Cryptocurrencies, Metals, Indices, Commodities, Futures, Shares, Energies, Bonds.

Tradable InstrumentsSupported
Forex✔
CFDs✔
Stocks✔
Cryptocurrencies✔
Metals✔
Indices✔
Commodities✔
Futures✔
Shares✔
Energies✔
Bonds✔

Account Types

Blockex provides four account types—Classic, Standard, Premium, and VIP. It offers leverage of up to 1:500 across all account types, from Classic to VIP.

Account TypeMinimum DepositSpreadsLeverageScalpingStop OutSwap FreeMinimum Trade Size
Classic$100From 1.9 pipsUp to 1:500No50%Yes0.10 lot
Standard$1,000From 1.5 pipsUp to 1:500Yes50%Yes0.01 lot
Premium$2,500From 1.2 pipsUp to 1:500Yes50%Yes0.10 lot
VIP$5,000From 0.6 pipsUp to 1:500Yes50%Yes0.10 lot

Spreads & Commissions

At Blockex, spreads vary depending on the type of trading account. However, the broker does not mention commission fees on its official website.

Classic Account: Spreads start from 1.9 pips.

Standard Account: Spreads start from 1.5 pips.

Premium Account: Spreads start from 1.2 pips.

VIP Account: Spreads start from 0.6 pips.

Trading Platform

Blockex offers the Blockxtrade Web Trader platform, which is available online and requires no downloads.

Trading PlatformSupportedAvailable DevicesSuitable for
Blockxtrade Web Trader Platform✔Windows, Web Browser, Android, MAC, iOS, OnlineBoth Beginner and Experienced Trader
MT5❌Mobile and Desktop(Windows & macOS)Experienced Trader
MT4❌Mobile and Desktop(Windows & macOS)Beginner

Deposit and Withdrawal

Blockex offers over ten payment methods, including Crypto Wallets, Skrill, Neteller, MasterCard, VISA, American Express, iDeal, Webmoney, BPAY, Discover, and Western Union, with no deposit fees. E-wallet payments are processed instantly, while bank transfers may take up to 5 working days to appear in the account.

LeverageBrokerDealerForex tradingForex Brokerforex pips

Related broker

Not Regulated
Blockex
Company name:Blockex
Score
1.50
Website:https://blockex.trade/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.50

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