No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

BLGlobal

New Zealand | 5-10 years |

Suspicious Regulatory License | Suspicious Scope of Business | New Zealand Derivatives Trading License (MM) Revoked | High potential risk

http://www.blgm.co.nz/

Website

Open Account Time Machine

Rating Index

Contact

+64 9 367 6888

http://www.blgm.co.nz/

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-01-24

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

New Zealand

Operating Period

5-10 years

Company Name

BL Global Markets

Customer Service Email Address

cs@blgm.co.nz

Contact Number

+64 9 367 6888

Company Website

http://www.blgm.co.nz/

FX6044908092

Unverified

Hong Kong

My experience was similar to the article. Firstly, they invited me for interview with high salary and boasted how promising the company would be, which motivated us a lot. After we joined the company, they enabled us to use virtual account. Having trapped us successfully, they induced us to deposit money, saying that monthly income of 100 thousand RMB is accessible. I didn’t resist the temptation and deposited 7000 RMB, while they said that the threshold is at least 21000 RMB. Given that I was a beginning practitioner. They lowered the threshold and told me to deposit fund into BLGlobal . At first, I was excited at the profit. Then I made constant losses, until my account becoming forced liquidation. Eventually, there was only 559.72 RMB left. As no more money left, I applied for the withdrawal. They agreed my request in case that I found that suspicious. I haven’t realized that I was cheated until I saw this article. And I figure out that the receipt is blank. One can seen from my uploaded annex.

Exposure

2020-02-21

FX2587103885

Unverified

Hong Kong

During the 3 weeks before February 28th, the system showed that my account is “banned”. And the broker is banned for search since March 2nd. There is still $3000 left in my account. The former address, 1502, No. 111, Tiyu West Road, Guangzhou, is a facade now. Hope related regulator see to this. It is simply a scam!

Exposure

2020-03-04

FX3783273521

Unverified

Hong Kong

Look at the picture, peers know the knows the lowdown on these top platforms. new comers should pay more attention to it! These recorded platform are so disgusting.

Exposure

2019-09-06

FX1078299926

Unverified

Peru

I have absolutely no interest in this platform and for one thing it provides very little information which shows a lack of sincerity in my opinion. On the other hand, and more importantly, it seems very insecure! Without reliable supervision, I am put off by bad reviews from other users.