BlackRock Forex

BlackRock Forex obscures information about its operators, making it exceedingly difficult to verify its authenticity and legitimacy. The brand purports to be regulated by multiple financial regulators, including the National Futures Association (NFA), the Australian Securities and Investments Commission (ASIC), the New Zealand Financial Markets Authority (NZ FMA), and the Vanuatu Financial Services Commission (VFSC). However, our checks with these financial regulators suggest that these regulatory claims are unfounded, with no evidence indicating that it falls under the jurisdiction of any of these authorities. Specifically, despite the existence of two AR licensees in the ASIC register bearing the same name as BlackRock Forex, neither of them remains valid. This implies that even if the AR licenses were indeed issued to BlackRock Forex, the broker would still be operating unlawfully as they have been revoked by the ASIC. Furthermore, the alleged MSB registration with the Financial Crimes Enforcement Network (FinCEN) also appears to be false. In essence, BlackRock Forex is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. BlackRock Forex appears to be a scam.