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BlackPearlFX -

Suspicious Clone

Score

0123456789

/10

BlackPearlFX

Item: BlackPearlFX
Rating: 1.58

United Kingdom|5-10 years|

Suspicious Scope of Business|High potential risk|

http://www.blackwh01.com/

Website

Open Account Time Machine

Rating Index

Contact

4006055850

m17080897033@163.com

http://www.blackwh01.com/

Licenses

FCA Suspicious Clone

United Kingdom STP

VPS Standard

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Warning: Low score, please stay away! 3

Previous Detection : 2024-11-21

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

The United KingdomFCA regulation (license number: 688456) claimed by this broker is suspected to be clone. Please be aware of the risk!

A Visit to BlackPearlFX in UK -- Finding No Office

WikiFX Survey
BlackPearlFX

Danger

United Kingdom

WikiFX Survey
BlackPearlFX

Danger

United Kingdom

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5 Identification

Genealogy

Clones

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Account Information

Time Machine

BlackPearlFX · WikiFX Survey

Danger A Visit to BlackPearlFX in UK -- Finding No Office

United Kingdom

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BlackPearlFX · Company Summary

Note: BlackPearlFX's official website: https://www.blackwh01.com/ is currently inaccessible normally.

BlackPearlFXReview Summary
Founded	/
Registered Country/Region	United Kingdom
Regulation	FCA (Suspicious clone)
Market Instruments	60 Currency Pairs (up to 100 Currency Pairs via FIX API), CFDs on Indices, commodities, and precious metals
Demo Account	/
Leverage	Up to 1:500
Spread	From 0.6 pips (Pro account)
Spread	From 0 pips (Prime account)
Trading Platform	MT4
Min Deposit	$100
Customer Support	Phone: 4006055850
	Email: m17080897033@163.com
	QQ: 349591251, 799831320, 1248604050

BlackPearlFX was founded in the United Kingdom. It offers many trading assets, including 60 Currency Pairs (up to 100 Currency Pairs via FIX API), CFDs on Indices, commodities, and precious metals with leverage up to 1:500. However, the FCA-regulation is a suspicious clone.

Pros and Cons

Pros	Cons
Various trading assets	Suspicious regulation
High leverage	High minimum deposit
Tight spreads
Popular trading platform MT4

Is BlackPearlFX Legit?

Regulatory Status	Suspicious Clone
Regulated by	Financial Conduct Authority (FCA)
Licensed Institution	Black Pearl Securities Limited
Licensed Type	Straight Through Processing (STP)
Licensed Number	688456

BlackPearlFX's regulation is a suspicious clone. Its email address and website are different from the license. Even the address of licensed institution is not offered by BlackPearlFX.

What Can I Trade on BlackPearlFX?

Tradable Instruments	Supported
Currency Pairs	✔
Indices	✔
Commodities	✔
Precious metals	✔
Energies	❌
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

BlackPearlFX offers two account types: PRO and Prime.

Account Type	Minimum Deposit	Minimum Trade Size
Pro (STP)	$100	0.01 (micro lot)
Prime (ECN)	$10 000	0.01 (micro lot)

Leverage

BlackPearlFX's leverage varies by the account types. The Prime account's leverage is 1:100. And the Pro account is 1:500. High leverage always comes with high returns and high losses.

Spreads and Commissions

The Pro account of BlackPearlFX starts from 0.6 pips, and the Prime account starts from 0 pips. Besides, the Prime account also has $3 commission per side per 100k trade, and the Pro account's commission is free of charge.