https://blafx.com/
Website
Single Core
1G
40G
1M*ADSL
blafx.cn
Server Location
Hong Kong
Website Domain Name
blafx.cn
Website
WHOIS.CNNIC.CN
Company
厦门易名科技股份有限公司
Domain Effective Date
2016-05-03
Server IP
159.138.130.163
blafx.com
Server Location
Hong Kong
Website Domain Name
blafx.com
Website
WHOIS.SYRAHOST.COM
Company
CRAZY DOMAINS FZ-LLC
Domain Effective Date
0001-01-01
Server IP
47.52.64.235
Aspect | Information |
Company Name | BlaFX |
Registered Country/Area | Hong Kong |
Founded Year | 5-10 years |
Regulation | ASIC (Appointed Representative), VFSC (Retail Forex License) |
Minimum Deposit | $300 |
Maximum Leverage | 1:400 |
Trading Platforms | MetaTrader4 (MT4) |
Products and Services | Forex trading |
Demo Account | Available |
Deposit & Withdrawal | Only cryptocurrencies for deposit (No information provided about withdrawal options) |
Educational Resources | Economic calendar, public holidays, profit calculator |
Customer Support | Email support: service@blafxcrm.com, support01@blacrm.com, support@blafx.com |
Phone support: +852 58080807 (Hong Kong), +61 261452092 (Australia), 12056089251 (United States) |
BlaFX is a trading platform that prioritizes regulatory compliance to provide a secure and trustworthy environment for and holds a Retail Forex License from the Vanuatu Financial Services Commission (VFSC). These regulatory licenses validate BlaFX's adherence to stringent regulations and industry standards, ensuring client protection, market integrity, and adherence to financial guidelines.
BlaFX offers two types of trading accounts: Standard and ECN. The platform operates on the popular MetaTrader4 (MT4) trading platform, offering a user-friendly interface, a wide range of trading instruments, and features tailored to support forex trading.
BlaFX focuses on foreign exchange (forex) trading, providing a relatively user-friendly environment for traders to engage in forex activities. BlaFX also offers educational resources such as an economic calendar, public holiday information, and a profit calculator to enhance traders' understanding of economics and financial markets. The platform offers various contact options and aiming to reply to inquiries within 24 hours on working days.
BlaFX prioritizes regulatory compliance to ensure a secure and trustworthy trading environment for its clients. The company operates under the supervision of two regulatory bodies, providing comprehensive oversight and adherence to industry standards.
BlaFX is regulated by the Australia Securities & Investment Commission (ASIC) as an Appointed Representative (AR). With License No. 001302684, BlaFX complies with the regulatory framework established by ASIC. This regulatory body is recognized for its stringent regulations, which include client protection, market integrity, and strict adherence to financial industry guidelines.
BlaFX holds a Retail Forex License from the Vanuatu Financial Services Commission (VFSC) with License No. 14663. VFSC is the financial regulatory authority in Vanuatu and oversees the operations of financial service providers. By obtaining this license, BlaFX demonstrates its commitment to maintaining regulatory compliance and meeting the standards set by VFSC for retail forex trading services.
By operating under the supervision of these regulatory bodies, BlaFX assures its clients of a transparent and secure trading environment. These licenses validate BlaFX's adherence to regulatory requirements, ensuring that clients' interests are protected and that the company operates with integrity and accountability.
BlaFX offers a range of advantages that contribute to its appeal as a trading platform. Firstly, it provides comprehensive trading tools that empower users with the necessary resources to analyze the markets and make informed trading decisions. The platform also boasts a user-friendly interface, making it accessible to traders of all skill levels. Additionally, BlaFX offers extensive educational resources, including an economic calendar and a profit calculator, which enhance users' understanding of the financial markets. The platform provides reliable market data and implements robust security measures to ensure a safe trading environment. Lastly, BlaFX's customer support is highly responsive, ready to assist users with any inquiries or concerns they may have.
Despite its strengths, BlaFX does have a few limitations. One notable drawback is its exclusive support for cryptocurrency deposits, which may limit the deposit options for traders who prefer other payment methods. Additionally, the website lacks explicit information about withdrawal options, necessitating users to contact customer support for more details. While these limitations may not significantly impact all traders, it is important for potential users to be aware of these restrictions and consider whether they align with their preferences and requirements. Conducting thorough research and seeking clarification from customer support can help users make an informed decision regarding the suitability of BlaFX as a trading platform.
Pros | Cons |
Comprehensive trading tools | Exclusive support for cryptocurrency deposits |
User-friendly interface | Lack of explicit information about withdrawal options |
Extensive educational resources | |
Reliable market data | |
Robust security measures | |
Responsive customer support |
BlaFX is primarily designed as a platform for foreign exchange (forex) trading. It focuses on providing a robust and user-friendly environment for individuals to engage in forex trading activities. With a wide range of currency pairs available, BlaFX allows traders to participate in the global forex market and take advantage of price fluctuations to potentially generate profits. The platform offers various tools, resources, and features specifically tailored to support forex trading, empowering traders to make informed decisions and execute trades efficiently.
BlaFX offers two types of trading accounts: Standard and ECN. Each account has different requirements and features tailored to meet the varying needs of traders.
The Standard account is suitable for traders looking for a more accessible entry point. To open a Standard account, the minimum initial deposit required is $300. This account type provides traders with a range of trading instruments and features to engage in the financial markets.
On the other hand, the ECN account is designed for more experienced and high-volume traders. It offers enhanced trading conditions and direct market access. The ECN account requires a higher initial capital of $5,000, reflecting its more advanced features and potential for larger trading volumes.
By offering both Standard and ECN accounts, BlaFX caters to traders with different levels of experience and trading preferences. The varying minimum deposit requirements allow traders to choose an account type that aligns with their trading goals and financial capabilities.
To open an account with BlaFX, please follow these steps:
1. Visit the BlaFX website: Go to the official website of BlaFX, which is https://blafx.com/.
2. Click on “Create Account”: Look for the “Create Account” or similar button on the website's homepage, usually located at the top right corner or in the main menu.
3. Fill out the registration form: Clicking on the “Create Account” button will redirect you to the account registration page. Fill out the required information, which typically includes personal details such as name, email address, phone number, and country of residence.
4. Choose the account type: Select the type of trading account that suits your trading preferences and goals.
5. Read and agree to the terms and conditions: Carefully review the terms and conditions of BlaFX before proceeding. Make sure you understand and agree to the terms before proceeding with your account registration.
6. Submit your application: Once you have filled in all the required information and agreed to the terms and conditions, submit your account registration application.
7. Fund your account: Once your account is verified, you can proceed to fund your trading account. BlaFX may provide various deposit methods, such as cryptocurrencies or other payment options. Choose the preferred deposit method and follow the instructions provided to add funds to your account.
8. Start trading: Once your account is funded, you can log in to the trading platform provided by BlaFX and start trading.
Clients of BlaFX have the opportunity to benefit from copy trading, a feature that allows them to automatically replicate the trading strategies of successful professional traders. With copy trading, clients can follow and copy the trades of experienced traders without the need to spend extensive time and effort developing their own trading strategies. This feature provides a convenient and efficient way for clients to potentially profit from the expertise and track records of established traders.
When it comes to trading leverage, BlaFX offers a generous range with a maximum level of 100:1 to 400:1. It's important to note that while leverage can amplify potential gains, it can also increase losses. Therefore, inexperienced traders are advised to exercise caution and avoid using excessively high leverage. It is essential to have a thorough understanding of the risks involved and to employ responsible risk management strategies when utilizing leverage in trading.
BlaFX exclusively supports cryptocurrency deposits as the available deposit option. However, the information regarding withdrawal options is not explicitly mentioned on the BlaFX website. It is recommended to contact BlaFX's customer support for detailed information regarding the available withdrawal methods and processes.
BlaFX provides access to the MetaTrader4 (MT4) platform, which is renowned as the world's most popular trading platform. With MT4, users can trade on their mobile phones, tablets, or desktops, enjoying the convenience of trading anytime and anywhere. The platform is designed to cater to traders of all skill levels, offering a highly customized and user-friendly interface that enhances trading performance. MT4 is available for free download and can be utilized on both demo and live accounts.
Some key features and benefits of MT4 include:
1. Wide Range of Indicators: MT4 comes with 85 pre-installed indicators, empowering traders with deeper insights into market trends and enhancing their technical analysis capabilities.
2. Automated Trading: The platform supports automated trading, allowing users to trade the market 24 hours a day, Monday to Friday, without the need for constant intervention. This feature is particularly beneficial for those who prefer algorithmic or robotic trading strategies.
3. Backtesting Capability: MT4 offers a backtesting feature that enables users to test and optimize their trading strategies using historical data. This helps traders assess the performance of their strategies and make necessary adjustments for improved results.
4. Analytical Tools: MT4 provides a range of analytical tools that aid in making informed trading decisions. These tools include charting capabilities, trend analysis, and various technical indicators, allowing users to conduct thorough market analysis.
5. Efficient Position Control: The platform offers multiple chart settings and tools that facilitate quick and efficient position control. Traders can manage their positions, set stop-loss and take-profit levels, and monitor their trades effectively.
6. Expanded Functionality: MT4 allows users to access up to 28 indicators and EA (Expert Advisor) plugins through the Smart Trader feature. This expands the functionality of the platform and offers additional tools for advanced trading strategies.
By offering the MT4 platform, BlaFX equips traders with a powerful and versatile toolset to engage in the financial markets, making trading more efficient, convenient, and customizable to individual preferences and trading styles.
The only available deposit option is cryptocurrencies. There is nothing about withdrawal options on the website.
BlaFX offers comprehensive customer support services to assist users with any inquiries or feedback they may have. Here are the various ways to contact the BlaFX service team:1. Email:- Customer Service Exclusive Email: service@blafxcrm.com- System Release Email: support01@blacrm.com- Institution Contact Email: support@blafx.com2. Response Time: BlaFX aims to reply to inquiries within 24 hours on working days.3. Company Information:- Hong Kong Office Address: Office 5, 8/F, Mega Cube, 8 Wang Kwong Road, Kowloon Bay, Kowloon, Hong Kong.- Hong Kong Customer Service Phone (English): +852 58080807 (Service hours: HKT Monday to Friday 10:00-16:00)- Australia Office Address: 145 Dean Street, Strathfield South, New South Wales 2136, Australia.- Australia Customer Service Phone (English): +61 261452092- United States Office Address: 110 16th St Denver CO 80202, United States.- United States Customer Service Phone (English): 12056089251BlaFX's customer support team is readily available to address any questions, concerns, or suggestions from users, ensuring a prompt and efficient resolution to their inquiries.
BlaFX provides a range of educational resources to enhance your understanding of economics and financial markets. Here are some key offerings:
1. Economic Calendar: BlaFX offers an economic calendar that provides comprehensive information about upcoming economic events, such as releases of economic indicators, central bank meetings, and important policy announcements. This calendar helps you stay informed about significant events that can impact financial markets, allowing you to make informed trading decisions.
2. Public Holidays: BlaFX includes a feature that displays public holidays from various countries. This information is particularly useful for traders and investors as it allows them to anticipate market closures and plan their trading activities accordingly. Being aware of public holidays helps you avoid potential disruptions in the markets and manage your investments effectively.
3. Profit Calculator: BlaFX provides a profit calculator tool that enables you to estimate potential profits or losses on your trades. By inputting relevant information such as entry and exit prices, trade size, and leverage, you can calculate the potential outcomes of your trades. This tool helps you analyze risk and reward scenarios, allowing you to make more informed decisions when entering or exiting trades.
These educational resources offered by BlaFX aim to empower individuals with the knowledge and tools necessary to navigate the world of economics and financial markets effectively. Whether you are a beginner or an experienced trader, these resources can contribute to your understanding and decision-making process in the realm of finance.
In summary, BlaFX is a legitimate trading platform with a strong regulatory framework, offering diverse trading accounts, access to the MT4 platform, educational resources, and reliable customer support. Traders should conduct their own research and consider their specific trading needs before engaging with the platform.
Q: What regulatory bodies oversee BlaFX's operations?
A: BlaFX operates under the supervision of two regulatory bodies, Australia Securities & Investment Commission (ASIC) and Vanuatu Financial Services Commission (VFSC).
Q: What are the minimum deposit requirements for opening a trading account with BlaFX?
A: BlaFX offers two types of trading accounts: Standard and ECN. The Standard account requires a minimum initial deposit of $300.
Q: Does BlaFX provide a demo account for practice trading?
A: Yes, BlaFX offers a demo account that allows users to practice trading in a risk-free environment.
Q: What trading platform does BlaFX offer?
A: BlaFX provides access to the MetaTrader4 (MT4) platform, a widely recognized and popular trading platform in the industry.
Q: How can I contact BlaFX's customer support team?
A: BlaFX offers multiple channels for customer support. You can reach out to them through email BlaFX aims to respond to inquiries within 24 hours on working days. Additionally, you can contact their customer service phone numbers.
Exposure Stay Away from BlaFX’s Ponzi Scheme
Blafx is running a campaign and making people fools by swindling their money. The broker is alluring clients by saying they will double their assets and make more profit. But in real, they are swindling clients' money.
2023-09-12 15:17
Exposure Another BlaFX Victim Reported Complaint Over Withdrawal Difficulties
Explore the recent complaint against BlaFX's withdrawal practices. This article delves into a victim's distressing experience, the pitfalls of unregulated brokers, and offers guidance on safeguarding investments.
2023-09-08 11:57
Exposure WikiFX continues to receive complaint reports from investors regarding BlaFX.
Protecting the legitimate rights and interests of forex traders is always WikiFX's primary concern. In this article, we will present two new cases to reveal how this broker has been withholding withdrawals from investors.
2023-09-01 18:35
Exposure BlaFX Scam Update: “They ask me to deposit more money for the withdrawal.”
In the world of online trading, the allure of quick profits often obscures the potential dangers that lie beneath the surface. One such perilous scheme that has recently come to light is the BlaFX scam, a cunning ploy that preys on the dreams of unsuspecting traders. This article sheds light on the unacceptable tactics employed by BlaFX, where users are coerced into making a significant account deposit of 15% before being granted any withdrawal.
2023-08-30 18:31
Exposure BlaFX Asks for More Deposits Before Approving Withdrawals
This article delves into the intricacies surrounding BlaFX withholding clients' funds, reminding traders always to select a credible broker with valid licenses to avoid such tragedy!
2023-08-30 18:11
Exposure BlaFX Ignores Client's Withdrawal Request
This article delves into the intricacies surrounding BlaFX’s delayed withdrawal processes which serves as a reminder to traders to always select a credible broker with valid licenses to avoid such tragedy!
2023-08-30 17:18
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Tamamtamam
Turkey
Hello. BlaFX is the site I have been investing in for a while. In the first days of July, they said that they would pay the promotion as much as we deposited into our account under the name of the promotion. Of course, they restricted withdrawals during this promotional period. I have not been able to receive my money from this site since August 18 last year. The money belongs to me and I can't get it.. the company is under the name of changing hands. They told us we couldn't withdraw any money. They said that if I made another 10% investment after August 18th, my account would be verified. this figure was 15 percent. BlaFX increased it to 27% a few days later. I want my money back. What is done here is unethical. People are suffering. In this environment, some people use bank loans to sell their homes or cars.
Exposure
02-19
aysemiiii
Turkey
I cannot withdraw my money. And I could not get it back in any way, the company confiscated the money from my account and that of many of my friends. We have been defrauded and we urgently request support.
Exposure
02-19
FX9475560302
Uzbekistan
They scammed me, I had $2268 in my account and it was impossible to withdraw.
Exposure
2023-10-10
cuevas
Mexico
The blaxf platform stole our money a month ago now they pose as cloud bridge a currency trading platform there are people who still join this great scam I leave a photo of the broker so you can be careful
Exposure
2023-09-22
alexei4658
Russia
The Blafx.com trader carried out the promotion through deception from 08/18/2023. Without warning users of copy traders, the promotion was +100% to the replenished deposit and the withdrawal of funds was blocked until the end of 08/25/20023. On August 22, 2023, trading operations were stopped in Meta Trader 4 and the withdrawal of funds was blocked in the status subject to review. my deposit amount is 4411 US dollars, 500 of them are bonus.
Exposure
2023-09-12
JairV2000
Mexico
All the deposits I made are proof that they never responded to me after making the payment they asked me for, proof that they never unlocked my account, I need help, please, I beg you.
Exposure
2023-09-09
dilse
Russia
Hello! It all started when a girl from China wrote to me on Instagram in the spring of this year; she introduced herself as Liu Tingting; After several days of communication, she offered me to earn money using her signals on a trading platform called DeFi. Everything went well, I made a small profit, after which she told me to withdraw my money and move on to the next project that she created together with traders who gave signals to the Ark Community called BLaFX, claiming that this project would be more large-scale and profitable. I immediately invested there all the money that I had withdrawn from DeFi and at first everything went well, I copied traders’ transactions, made a profit, and could withdraw money. Throughout the entire time, the girl from China who invited me actively wrote to me that I should invite friends and relatives, telling them to take out loans because... it guarantees that we will not lose our money. Suddenly BLaFX announced a promotion of +100% to the deposit and throughout the entire promotion there will be a ban on the withdrawal of funds, before this promotion there were no announcements either by email or on the website that withdrawal of money would be prohibited, this is a gross violation 19.08 Liu Tintin persuades me to deposit $2000 to get a bonus. 08/22 I learned from support that it is prohibited to withdraw money while the promotion is ongoing. A couple of days after this, support said that there were suspicious actions on my account and that to withdraw funds I needed to deposit the amount of 15% of the total deposit, a little later an announcement appeared on the site that the site was ceasing its activities and to withdraw funds you need to deposit 27 %, On the website, support wrote that you need to contact their telegram @Blafx967 when communicating with support, they started insulting me and did not give any normal explanation about the suspicious actions from my account. Please help me get my money back.
Exposure
2023-09-07
FX1517864539
Egypt
Unfortunately I invested in copy trading on the blafx platform for about 2 months. Lately they had some campaign where they said they will double the assets so clients get more profit, at the beginning of that campaign I tried to make withdrawal for my money and they said I can’t do it during the campaign. After campaign was done, I tried to withdraw my money but nothing happens, I contacted their customer support and they said I need to pay 27 % of my assets as taxes. I told them that I will file complaints on all regulatory bodies and their pages on the internet as well, if they don’t accept my withdrawal in the next 24 hours and they did nothing. The account linked to blafx to receive my funds is a Binance account. I appreciate if you tell me what steps can I take to handle that fraud please.
Exposure
2023-09-07
Artur798
Russia
Scammers. it is impossible to withdraw money.
Exposure
2023-09-06
anu6156
India
We are unable to withdraw our money. A forex company named bethle aster freezed our accounts and not allowing us to withdraw our assets. On 25 august they put a notice in their site and in telegram group that blafx is going to be suspended. Pay 27% more tax then we will open accounts. Some people paid and then too they did not open. Then after they closed their customer support and also are offline from that day. I made a complaint against bethle aster in CFTC website and SEC website. yesterday on 4 September that girl came online my team leader. tong yang. she replied my message of 25 august ..then she says. I won't give you a dollar. add more money for next project and we will recover. she said false things like she lost millions dollars she lost car house etc lies to convince that she was not part of that fraud. I have screenshots of everything. she forced me yesterday that add money or I shall delete our message chat in tele. I have her pic too
Exposure
2023-09-05
Tincho
Argentina
I started the withdrawal a while ago, and it was under review, and nothing arrived in my virtual wallet, please return my investment. Thank you
Exposure
2023-09-05
Sasha 6357
Ukraine
Hello. My name is Alexander and I am also one of those people who are cheated in Blafx. It all started with the fact that a girl named Zola wrote to me on Instagram (she also introduced herself to others later as Nancy) and offered to earn money on the Defi platform, said that she was a trader with many years of experience and she had signals for trading. According to her, she just wanted to help me learn how to make good money. I started working and communicating with her, everything went well, I started earning, of course, not a lot, but I was surprised that everything was working out for me. I worked with her for more than a year and she constantly helped me, that's how we became friends and I began to believe and trust her. After some time, she told me that with her Ark Community team she created a project called Blafx and suggested that I go into it for more successful earnings and trading. Without hesitation, I followed her link, registered, deposited the first $25, and started copying the master trader. After all this, she said that I need to share this project with my friends by sending them a referral link. I began to bring people, many who did not believe in all this, and she began to throw off money for me so that I would bring my friends and acquaintances as much as possible. Even later, she offered to open an office and was ready to sponsor this whole thing, thank God that I did not have time to do this. She constantly told me that I need to invite more friends, the more the better for my earnings, fortunately I brought few people to this project, no one simply believed in it and everyone told me that we would all be thrown. I didn't trust anyone.
Exposure
2023-09-04
737737mixa
Russia
Does not withdraw money, wrote for support, at first they said about some taxes, then they stopped answering, it’s much easier than to solve the problem.
Exposure
2023-09-04
Cesar489
Mexico
I can't log into my account to withdraw my money, it won't even let me enter the page
Exposure
2023-09-04
ja07x06na
Ukraine
Trader Blafx.com fraudulently held a promotion from 08/18/2023 without warning or consent of users (copy traders) promotion + 100% To the replenished deposit and blocked the withdrawal of funds until the end of the promotion on 08/25/2023. 08/22/2023 Blafx.c stopped trading operations with Meta Trader 4 and blocked the withdrawal of funds in the status (there are currently unprocessed orders for withdrawal or transfer, and the last operation cannot be completed, please wait for processing) from the account. The amount of my deposit is $7531, I am attaching screenshots from the Blafx.com account. On August 25, 2023, a message appeared on the site about restructuring and the payment of a tax (deposit) of 27% of the existing deposit if we want to withdraw our funds. After 08/25/2023 At the end of the promotion, the withdrawal policy did not change. Starting from 08/25/2023, it is impossible to withdraw funds; it says that the funds are in the “under consideration” status. Hope you help and support!
Exposure
2023-09-04
Neo5522
Russia
I can’t withdraw my funds. Is there at least some kind of compensation?
Exposure
2023-09-04
Jose961
Mexico
I am unable to withdraw my funds, since the 100% deposit bonus gift started. More than $1,000 MXN. In copy trading. And approximately $15,000 MXN. (What I did to receive the bonus) In the account (without operating) - they did not tell me the bonus, I clarify - I made my withdrawal and it remained "under review" on August 26, 2023 and until today, September 3 of 2023 has not been reflected in my account :( Now the blafx.com page no longer loads. What will happen to my money? Didn't we have insurance for $2,000 USD? This is terrible and those responsible cannot go unpunished!
Exposure
2023-09-03
cen9
Spain
The account has been frozen, it is impossible to withdraw money, what a day!
Exposure
2023-09-02
Rus116
Norway
The Blafx.com trader fraudulently held the promotion from 08/18/2023 without the warning and consent of the user (copytraders) of the promotion + 100% To the replenished deposit and blocked the withdrawal of funds until the end of the promotion on 08/25/2023. On 08/22/2023, Blafx. They stopped trading with Meta Trader 4 and blocked the withdrawal of funds in the status (currently there are pending withdrawal or transfer orders, and the last operation cannot be completed, please wait for processing) from the account. The amount of my deposit is $ 15761 I am attaching screenshots from the Blafx.com account From 08/25/2023, a message appeared on the site about restructuring and paying a tax (collateral) of 27% of the existing deposit if we want to withdraw our funds. After 08/25/2023 At the end of the promotion, the withdrawal policy has not changed. Starting from August 25, 2023, it is not possible to withdraw funds, it says that the funds are in the status of "under consideration". Hope you help and support!
Exposure
2023-09-02
tristxn
Mexico
Blafx asked its clients to deposit money in order to make withdrawals, and so far they have not done so
Exposure
2023-09-02