BlackTrade500

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The site belongs to the Cypriot investment company BlackTrade500 Europe LLP, whose main office is located in Dubai, UAE. In addition, the site lists the addresses of offices in London (UK) and Zurich (Switzerland). According to the owners, the company provides brokerage services in 120 countries and has been operating since 2015. As for the domain, it was registered only in September 2023. It is worth noting that the project does not have a license, and the relevant section of the website only states that the company is moving its operations from Cyprus and the UK to Ireland and changing its name to iCapital LLP. Finally, the website interface supports 4 languages – English (by default), German, Dutch, and French.

How reliable is this platform? Is it safe to trade here? We will review the services and check the legality of this broker to draw conclusions about whether you can trust it with your money.

Trading Conditions

BlackTrade500 allows clients to open a brokerage account and start trading currency pairs, stocks, gold and other precious metals, commodities and raw materials, indices, and cryptocurrency instruments. The platform opens as a web terminal, MT5, or MT4, where you can trade Forex/CFD from PCs and mobile devices.

The company presents traders 4 trading services structured by minimum deposit size. The user gets additional features the more the higher the tariff level in BlackTrade500 he chooses. The following options are available to you:

  • Executive Accounts – 5 trading plans with deposits from €10,000, €25,000, €250,000, €250,000, and €500,000; leverage from 1:10 to 1:100.
  • Royal and Yacht Club – investment portfolio from €1,000,000.
  • Potential Forecast Profits – 5 passive quarterly income options with annual income from $23,300 to $1,662,900.
  • Premium Trading Room – thematic smart portfolios and other exclusive services.

The company offers trading rewards for active traders and personal account manager support. Withdrawal of funds takes place within 24 hours after the application is submitted. The broker has several types of commissions, for example, for account management or for performance.

BlackTrade500 claims that clients’ funds are kept in a separate segregated account. In addition, the broker allegedly has an insurance policy from Lloyd’s (London), which covers user claims up to 2 million €/£/Australian dollars. However, there is no documentation of these facts. 

BlackTrade500 gives unregistered clients access to educational materials in the “Education” section. Users can learn up-to-date information in the “Trading Room” section about what is happening in the world of finance and how the markets behave.

FAQ

Would investing in BlackTrade500 offer the best returns?

You risk losing your money in CFD trading and in passive earnings on investments at very high interest rates. The cooperation will turn out to be rather significant losses for you, as even the amount of the minimum deposit at this broker is quite high, and the loss of money will significantly affect your budget.

Does BlackTrade500 carry out withdrawals?

Our analysis has shown that the broker can refuse to withdraw your funds without sufficient grounds, as its activity is not regulated in any jurisdiction. All guarantees are given solely from the words of the anonymous owners of the company. There are few reviews about the broker, and they are mostly negative. Share your comments if you have experience with this firm.

May I be scammed on blacktrade500.com?

It is possible that this is a fraudulent resource and the firm is not officially registered. The owner of the site calls the date of creation of the service 2015. However, there are no registration documents in the confirmation, and the domain of the site is quite fresh. The interface is very primitive, it is unlikely that the platform is managed by a solid investment company.

What's the best way to share my experience with BlackTrade500?

Fill out the form and we'll make sure your voice is heard.

How can I tell if blacktrade500.com is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Onshore
License: No license
Leverage: 1:100
Broker type: DD
Demo account: No
Affiliate program: Not indicated
Minimum deposit: 10920$
Trading platform: MetaTrader 5, MetaTrader 4, WebTrader
Assets: Forex, CFD

7 reviews about BlackTrade500

  1. value
    December 5
    An old and well-known scam!
    Hello old and well-known forex scammer, Blacktrade500 :) I once have written so many reviews about this broker on various sites, with the aim of keeping people away from such fraudulent companies. If you don't know about this scam yet, be careful with it, just bypass it. This is a vivid example of a certain sect of fraudulent companies that work in the same way. Fraudsters-illegals find some unknown firm from the UK register, take its name and its legal data, then create their own false brokerage site and begin to provide allegedly real brokerage services, only covering themselves with someone else's name, someone else's addresses. It should be clear to all of you that this is a fraudulent scheme and that no serious broker will ever act in such a way. I'll show you the magic of exposure so I won't be unsubstantiated :) You and I go to the "contact" section on this scammer's website, and there we look at the address. Notice, you can't copy it, because the scammers don't want it. They just put a photocopy :) Ok, you can type this address manually into any search engine. Now you have a list of forex scams that work on behalf of these scammers. Yep, just like that. These scammers are so lazy and stupid, they make such fake companies that they can't even just take some unique address, but just copy it from another one of their scams. It is necessary to be so fallen... If you still want to trade with the company after revealing such an obvious deception, then I don't even know what else to tell you, you probably want to lose money instead of earning it. Pseudo-firms like Blacktrade500 operate solely to scam people. They have already collected money from clients both under the guise of an investment company and under the guise of a HYIP, and many times scammers have changed the domain and the name of the management company. You don't need to be a scientist or an experienced trader. If a broker takes an old template, its old scam site, and steals other people's names, documents, and data, it cannot be safe a priori. You can independently find such clone scams on the net, which are similar to this garbage dump. Hint - they are all fake, and they have the same websites. Same account types, same descriptions, same services, same platform, similar sections on the website.
  2. Baksu
    December 1
    I will note the pros and cons
    I am satisfied with the broker and I will explain why. Of course, the platform has its pros and cons, but there are more pros. First I will tell you about the advantages: on BlackTrade500 you can trade many types of assets; the service gives you the opportunity to earn passive income (that's what I do); not bad technical support; you are provided with leverage. Commissions here are average, like everyone else. Users who work actively will find a suitable terminal, but I recommend MT5. Well, now I will tell you a little about the minuses: it happens that it takes a long time to withdraw profits, not 24 hours, as managers promise. However, the withdrawal is delayed for a long time and not often. This usually happens when cryptocurrency prices spike, and I have a Bitcoin wallet. But as a result, all the same, all the funds I ordered I received and I can live‌ on this profit.
  3. ku3549
    November 19
    My conclusions about the broker are negative
    I saw the charts on blacktrade500.com after registering. First I decided to check them on the real market - it turned out that nothing matches. I was finally convinced of this when I wrote about my observations to the manager, after which he immediately blocked me, there was no clarification on his part, just banning my account so that I had no way to contact them. I think it makes no sense for you to contact the broker with cooperation unless you want to lose your funds and waste your nerves on the proceedings with the broker. I do not recommend it.
  4. 280580
    November 16
    I can't recommend this company
    I have worked with different brokers, but this is the first time I see that in 10+ years the company has not developed at all! The website blacktrade500.com offers incomplete information about the owner, there is no training, and they have clearly saved money on marketing. There are investment programs, but in general, it is not clear who the broker is aimed at. The only thing that makes me happy is that I have withdrawn my deposit from here without any problems, otherwise, my impression would have been spoiled even more.
  5. Andre
    November 14
    The platform is reliable
    I made a long selection among many brokers and in the end, I made a choice in favor of BlackTrade500, as they provide excellent conditions for active trading. The company is regulated in Australia and the trading conditions are constantly improving and the number of available assets impresses me. I find it particularly convenient to trade via my mobile device, and I have not encountered any major difficulties or glitches during my time using it. I have only experienced one delay in profit payments, but the problem was quickly resolved and the platform has shown reliable performance, with occasional freezes.
  6. Dmitry
    November 13
    You should not be in a hurry to open an account here
    You should look at the facts and make sure that this site is a regular fake with "British registration", an office in Dubai, and in the situation of "change of management company". And where does this investment company Blacktrade500 Europe LLP have real financial reports, and real people at the head?!! And how will you cooperate with a broker, about which you know nothing?!
  7. laner
    November 4
    Has anyone tried to withdraw funds?
    I think it is simply impossible to do, I have tried several times to withdraw my €12,000. Each time the consultants started to make excuses and tell me that they were having some technical difficulties. And then I found out that there was nothing left in my account... Where did the money go and who will be responsible for it?! I have only questions and no answers.
    Scam broker blacktrade500 is not going to pay me, and employees say that the money was sent to my cryptocurrency wallet...

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