BloomsMarkets Limited Review

About BloomsMarkets Limited

Blooms Markets Limited operates via the website and purports to be based in London, UK; it claims a founding date of 2003, though its domain registration dates to September 15, 2015 (). Regulatory checks reveal that it is not registered or authorised by the UK Financial Conduct Authority (FCA), the US Commodity Futures Trading Commission (CFTC), the US National Futures Association (NFA), the Hong Kong Securities and Futures Commission (SFC), the Cyprus Securities and Exchange Commission (CySEC), the Monetary Authority of Singapore (MAS), or the Dubai Financial Services Authority (DFSA) ().

Claimed features include access to multiple asset classes—forex, indices, stocks, commodities, and cryptocurrencies—and the MetaTrader 5 platform with leverage up to 1:500 (). No verified data exists for minimum deposit, spreads, account types, base currencies, swap‑free options, negative‑balance protection, hedging, scalping, or support for EAs. There is no verified information on fund segregation, investor protection or compensation schemes, or transparent fee structures ().

Pros and cons

Pros

• The broker claims to offer a diverse range of asset classes and high leverage (up to 1:500) via the MetaTrader 5 platform.

Cons

• No regulation or licensing by any reputable financial regulator; unregulated status increases risk to client funds.
• Conflicting and unverifiable information about founding date and headquarters location.
• Lack of transparency regarding trading conditions, account types, deposits, spreads, and withdrawal terms.
• Multiple user complaints about blocked or impossible withdrawals and unresponsive customer support.
• Operating status classified as “SCAM” by independent monitoring sites such as BrokersView.