Is Bloombex Options scam binary options broker Read in review!

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Broker 2020!
    Perfect for Beginners!
    Free Trading Education! Free Demo Acc!
    Get Your Sign-up Bonus Now:

  • BINOMO
    BINOMO

    Trustful broker.

Bloombex Review

Bloombex Options was a binary options broker, owned by Bloombex Limited.

They are located at C&H Tower, 3rd floor, Corner of Great Marlborough and Great George Streets, Roseau 00152, Commonwealth of Dominica. Their phone number in Germany is +49 21 1240 9081, in United Kingdom +44 203 695 1155. Their email address is [email protected]

For trader complaints, read this.

Bloombex Trading Review

While reviewing Bloombex Options we see that they are using the latest SpotOption platform, and they have a great mobile trading app for both Android & iPhone.

They offer binary options on stocks, currency pairs and market indexes, along with commodity futures like gold, oil, coffee, corn, & wheat. For Forex traders they offer options on major currency pairs and additionally they offer options on exotic currency pairs like the Australia Dollar, Turkish Lira, and Russian Ruble! They offer 30 second, 60 second and 120 second options.

Their website is available in the following languages; English, German, French, Italian, Dutch, Spanish, Japanese, Russian, Arabic and Turkish. Minimum deposit amount for a new accounts is $200. They are one of the few brokers that accept deposits via Paypal.

Bloombex License

The many items we check for when we review a binary options broker to determine if they are a legitimate or scam broker is simple. Are the licensed and regulated by CySEC in Cyprus? Do they fall under the MIFId regulatory rules in the European Union (EU)? Are they registered with the FCA in the United Kingdom?

Bloombex is NOT a licensed broker.

For an updated list of licensed brokers, see here.

Bloombex Scam Review

Rating:

Throughout the Internet, you can find hundreds of brokers offering their binary options. However, it is substantial not to become deceived by scam brokers. One of such brokers that you must be aware of is Bloombex options scam. Why? Our review is about to explain this.

Min. Deposit: $250 Demo: Yes

Platform: SpotOption Bonus: N/A

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Broker 2020!
    Perfect for Beginners!
    Free Trading Education! Free Demo Acc!
    Get Your Sign-up Bonus Now:

  • BINOMO
    BINOMO

    Trustful broker.

Regulation: N/A US Clients: Yes

Sign up with IQ option Instead
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Bloombex scam review: About the Company

Well, Bloombex belongs to the type of brokers that promise too much and never do what is expected from them. They claim to have one of the best binary options being most advanced etc. In fact, it is just a scam. It was really difficult to find verified information about the company. We know that it was founded in 2009 and owned by Bloombex Ltd., however other sources name other years like 2020 and even 2020. Same uncertainty with the precise location or headquarters.

On the website European Support Center is located at: 20-22 Wenlock Road, London N1 7GU, UK. But, many other sources state that they have headquarters on Wilhelm-Raabe-Strasse 12, in Dusseldorf 40470, Germany. With such vague info, how this broker can be trusted? A rhetorical question. Furthermore, our Bloombex review found out that this broker is not regulated by any official body or institution. No license means no trust, especially when it is about trading your hard earned money.

Even though they accept US clients, this matters nothing. There is a chance for a bonus of 30% for each deposit made.

Technically, that is all what we can discover about the company. Such insufficient information makes us feel bad about this broker. It has nothing special to offer traders or to meet their needs. Education opportunities are at least mediocre if not worse.

There are also extra features like Market Review or Economic Calendar.

Bloombex options scam: Trading Accounts

There is no wide choice of trading accounts at Bloombex scam. This means a poor approach to satisfy all types of customers with no special features. The only thing that Bloombex has is the requirement of a minimum deposit of 200 USD or 200 EUR depending on which currency the trader has preliminarily chosen for the trading account.

Bloombex options reviews: Trading Platform

Bloombex review discovered that here you are offered 7 types of binary options which is not bad actually. But remember that you are dealing with the scam broker. Thus your chances to win are significantly reduced. Still, let’s take a look what those types represent:

  • Binary Options
    Simple BO. You choose the asset, set the expiration time. Afterwards you choose the amount of money you would like to invest and make a prediction.
  • One touch
    You select an asset and just set the amount of money you desire to invest. One touch means that you predict that the price of a particular asset will reach the predefined level. If your prediction is correct, you receive profit.
  • 60 seconds
    Same binary options, but with the expiration time of 60 seconds.
  • Pairs
    You select a pair of assets, set the expiration time etc. Then you trade this pair.
  • Ladder
    Well, a ladder trading option is actually a strategy that BO traders use to lock-in their profits as prices vary and move above and over particular price levels. Indeed, first of all you must predefine those levels.
  • Forex
    Same BO, but involves trading currencies as assets.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Bloombex option: Trading platform

Bloombex scam has an ordinary, not even customized SpotOption trading platform. We at BinaryOptionsHub love SpotOption as it is easy and intuitive, but not in case of scam brokers. It is necessary to admit that the platform is 100% web based, so you do not have to download some kind of software.

One huge disappointment is that Bloombex does not offer a demo account for options traders. Thus, you will not have any chance to verify the functionality of the platform, unless you invest real money.

We should outline 2 specific features that Bloombex platform has. The first one is Double up – with this feature a trader create another trade with the identical trading conditions prior to expiry of the trade. Thus, the trader doubles up on the same trade

The total number of assets is 111, which can be very confusing for new traders. It is better to offer good quality, rather than big quantity. But Bloombex is not interested in that. Scam brokers have only one aspiration – unfair personal enrichment, so avoid this broker and its platform.

Is Bloombex options a scam?: Deposits and Withdrawals

As all scam brokers, Bloombex has developed a good system of deposits and withdrawals. Money is the most essential interest for this broker. So how basically one can deposit and withdraw? Our Bloombex options review will answer.

The deposit methods are the following: debit/credit card (like MasterCard and Visa), PayPal, Wire Transfer, MoneyBookers.

Withdrawals are necessary to make via the same way which the funds were deposited. They claim to withdraw the money after receiving your documentation beforehand. This process can be lingering a bit and take up to 7 business days.

Indeed, there are some withdrawal fees: credit card 3.5% fee, PayPal 3.5% fee, MoneyBookers 3.5% fee, Wire Transfer 15 USD fee.

However, we at BinaryOptionsHub highly recommend not to deal with this broker at all, as you can simply become the victim of the deceivers.

Bloombex Customer Support

Bloombex customer support is mediocre. Although the website operates in 10 foreign languages, it does not mean that Bloombex can be trusted. It has created an image of good customer support in an attempt to simply confuse traders.

Bloombex options review outlines that the means of communication are the following: email, phone numbers and that is actually all. The live chat is not available most of the time.

Bloombex: Opening an Account

At Bloombex you do not have go through complicated registration. Instead, there is a short and general one. This means that broker is not interested to know whom it deals with.

Bloombex Options Scam Conclusion

We do not consider that Bloombex option is even worth your money, time and attention. There are many other, more proficient brokers. For instance, 24Option – do not wait, sign up!

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Bloombex Options Review

Overview

Founded in 2009, Bloombex-Options is really a binary broker that offer traders a flexible webbased trading platform for trading binaries. Traders will have access to above one hundred underlying assets… more

Details

Broker Bloombex Options
Website URL http://bloombex-options.com/
Founded 2020
Headquarters Germany
Support Number 44 2035191191
Support Types Fax Number: 44 20 8181 6866 , [email protected]
Languages English, French, German, Turkish, Arabic
Trading Platform Spotopion
Minimum 1st Deposit $300
Minimum Trade Amount $5
Bonus Up to 100%
Payout 85%
Free Demo Account
Account Types Binary Options
Deposit Methods Credit Cards, MoneyBookers, Wire Transfer, PayPal,Credit Card Deposit by Phone, Debit card
Withdrawal Methods Credit Cards, MoneyBookers, Wire Transfer, PayPal
Types of Assets Forex,Indices,Stocks,Commodities
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 9.6

Screenshots

  • 30% Bonus
  • 24/7 Support
  • Comprehensive Educational Part
  • Cutting Edge Software
  • Individual Account Manager
  • High Returns
  • Free Daily Market Analysis
  • Large range of Assets
  • User-friendly Platform
  • High first Deposit Requirement Of $/€200
  • Lowest Withdrawal Amount Of $/€100

Full Review

Founded in 2009, Bloombex-Options is really a binary broker that offer traders a flexible webbased trading platform for trading binaries. Traders will have access to above one hundred underlying assets at Bloombex-Options. The platform also boasts of returns up to 85% for normal trading deals and up to 500% with the One Touch trading deals. Along with the high returns comes a personalized service, so it’s easy to realise why this broker is beginning to achieve acceptance on a worldwide range among binary traders.

IsВ BLOOMBEX OPTIONS a Scam?

Bloombex-Options uses the highly user-friendly, cutting edge Spot Option trading engine. At the right side of the trading platform, the payout rate is clearly displayed in big blue figures like a percentage. On the left side of the trading platform, traders will see the familiar trader choice’s bar. That is a great tool as traders can easily see which way the market emotion is heading to. Certainly, this just acts as helpful tips and traders shouldn’t blindly follow what the trader choice bar is letting them know. Great trading strategies calls for a great knowledge of the market and understanding what you are carrying out. General, the trading platform interface is clear and clean. There’s also a chart displaying the movements of costs for the asset concerned. If traders believe they would like to have a wider birds eye view of the assets available for trading, they’re able usually change to a different platform layout format as shown below.

Unique Functions

A few of the unique features of Bloombex-Options trading platform contain:

Double Up

This is a good tool for investors who believe that they’re going to close in the cash. Through this feature, investors can make another trade with similar trading conditions before expiry of the trade. Basically, they’re increasing up on the same trade with double the amount of potential gains.

Roll-over

The Roll-over feature assists traders to increase the expiry of their trades. This feature is most beneficial used when you’re unclear about the trade end result. By using this feature allows traders have more breathing space for the trade to close in the cash.

Trade Types

As with most of SpotOption’s powered trading platforms, investors have a choice of several trade types. Such as:

  • 60 Seconds
  • One Touch
  • Classic Binaries
  • Option builder

For investors who want a far more professional feel to the trading platform, they’re able opt to trade under the BloombexMeta mode.

Trading Account

To register an account at Bloombex-Options, no credit or deposit info is needed. However, for trading actions, investors must make sure they’ve deposited a minimum of US$200 orВ EUR200 based on their currency of preference before they’re able begin trading.

Payout Ratios

For returns on their investments, investors can get an average of 75% to 85% for in the cash trades. For out of the cash trades, refunds range from 0 to 10% of the initial amount invested. For higher returns, investors can opt for one touch trades whose earnings can go up to 500%.

Bloombex-Options Withdrawal and Deposit

Deposits can be created by most major credit cards world-wide including Mastercard, Visa, Diners, Switch , American Express, Maestro and Solo. They accept Moneybookers/Skrill as well as a wire transfer from almost all banks. Bloombex Options is among the simply Binary Options brokers to accept PayPal. Withdrawals are processed in due time with funds received within two-seven days. Certainly by utilizing PayPal investors have an added layer of protection for their funds and also a fast and simple method to process withdrawals and deposits.

Asset Index

The range of underlying assets available at Bloombex-Options is most likely some of the biggest around in the binary industry. Investors have to choose around 109 types of various assets to select from when they invest with Bloombex-Options.

Support

Support at Bloombex-Options is available 24/7 through:

  • E-Mail
  • Telephone
  • Live Chat
  • Web Contact Form

Reliability

In terms of reliability, Bloombex-Options employ the usual safeguard that’s expected of from an online broker. Most internet traffic between the traders and Bloombex-Options is protected using the Secure Socket Layer (SSL) technology.

In terms of funding and withdrawal of funds, funds are only channelled by:

  • Paypal is accepted as a deposit and withdrawal method
  • Credit/Debit Cards
  • Wire Transfer

They’re protected methods as the identity of the investor must be confirmed through vigorous checks first.

Bloombex-Options Mobile App

Bloombex-Options has a down-loadable mobile app for both IOS and android . The application fully replicates trading and features of the standard platform. It’s a great tool to permit you place trades and any time and to keep track of your open positions during the go.

Conclusion

There’s at least one thing which Bloombex Options does perfectly with, and that’s their education center and strategy material. They provide a larger selection of material than most brokers and also have parts for newbies, intermediate, and even expert. This really is Bloombex-Options redeeming power and the only thing which we’re able to find where they did much better than their peers.

There really is not so much more to say about this broker. When we said, they do not have that much if anything in the way of originality, or perhaps superior support. So essentially you are already aware very much about them already just by realizing other binary options brokers in general. We ought to point out before wrapping this up that we made 2 contacts with the Bloombex Options customer support team during our short stay there. Once through e-mail and once while using live chat function. The support reps we’ve got during those contacts were both friendly and very helpful. Nevertheless, another contact was made when we tried to withdrawal our remaining $130 by the end of our review period. This contact wasn’t as pleasurable as normal because they were much too powerful around the “sell” for me to cancel the withdrawal or even deposit more. These kinds of pressure is somewhat usual but Bloombex Options took it too far, at the least with this particular support representative.

All-in-all, while Bloombex Options doesn’t manage to particularly distinguish by itself in any good way, they do still bring a fair game to the table and lots of investors will probably find that Bloombex Options works just fine for them. We just believe that there’re much better selections out there, that’s all.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Broker 2020!
    Perfect for Beginners!
    Free Trading Education! Free Demo Acc!
    Get Your Sign-up Bonus Now:

  • BINOMO
    BINOMO

    Trustful broker.

Binary Options Trading School
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: