About Black Stone
Who Is Black Stone?
Black Stone presents itself as a London-based trading provider, registered in the United Kingdom since July 2022. Its official domain is blackstone-cm.com and its registered address is at Paternoster Square, London, EC4M 7LS — a location also associated with the London Stock Exchange. However, beyond these registry details, independently verifiable information about the broker is scarce, raising immediate questions for prospective traders.
Our research team at FXCanary has been unable to locate a functioning website or any public marketing materials at the time of review. This absence of online presence is a significant red flag for a firm that claims to offer financial services. Traders are advised to proceed with extreme caution when considering any engagement with this entity.
Regulatory Status
Based on our cross-checks with public regulatory registers, Black Stone does not hold any recognised financial services licence or authorisation from any credible regulator. The known facts confirm that no regulators are on file for this broker. This means it operates without the oversight of bodies such as the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or any other major jurisdiction.
Trading with an unregulated broker carries inherent risks, including a lack of investor protection, no recourse to financial ombudsman schemes, and no guarantee of segregated client funds. The absence of regulation is one of the most critical factors in our FXCanary Scam Risk Score of 49/100, which we rate as ‘Guarded’.
Account Tiers and Trading Conditions
According to the information we have, Black Stone offers four account tiers: Standard, Silver, Gold, and VIP. The Standard account requires a minimum deposit of $250 and offers leverage up to 1:500. The Silver account requires $2,500 with leverage up to 1:400. The Gold account requires $10,000 with leverage up to 1:500. The VIP account is reserved for high-net-worth traders with a minimum deposit of $50,000 and leverage up to 1:500.
This structure follows a common pattern among retail forex brokers, offering escalating perks and conditions for higher deposits. However, with no verifiable information about spreads, commissions, trading platforms, or available instruments, these details remain unsubstantiated. Traders cannot assess the actual cost of trading or the quality of execution.
Available Instruments and Platforms
The known facts do not include any information about the financial instruments Black Stone offers. Whether it provides forex, CFDs on indices, commodities, cryptocurrencies, or shares is unknown. Similarly, no trading platforms have been identified — there is no mention of MetaTrader 4/5, cTrader, or any proprietary software.
This lack of transparency is a major concern. A legitimate broker typically highlights its product range and platform technology to attract clients. Without such details, traders cannot evaluate whether Black Stone meets their trading needs. Our assessment is that this opacity may obscure unfavourable trading conditions or even fraudulent intent.
Deposits, Withdrawals, and Client Funds
We have found no public information regarding the funding methods accepted by Black Stone, nor any details about withdrawal policies, processing times, or fees. This is a critical gap, as the ease and reliability of moving money in and out of a trading account are paramount for any trader.
Furthermore, there is no evidence that client funds are held in segregated accounts or that the broker participates in any compensation scheme. With no regulatory oversight, the safety of deposited funds is entirely dependent on the broker’s internal practices, which remain undisclosed. FXCanary strongly cautions against depositing money with any unregulated broker where such basic information is not available.
Corporate Background and Reputation
Black Stone was incorporated in the United Kingdom on 18 July 2022, according to our records. Its registered address at Paternoster Square is a prestigious London location, but it is not uncommon for firms to use a professional address service or a shared office space. We have not been able to confirm the physical presence of the company at that address.
The broker’s name is strikingly similar to the well-known global asset manager Blackstone Inc., which could be an attempt to mislead traders into believing there is a connection. To date, no user reviews or independent feedback about this broker exist in the public domain. This complete lack of a track record or community experience is a significant warning sign.
Conclusion
In summary, Black Stone is an unregulated, newly formed UK entity that offers leveraged trading accounts but provides virtually no verifiable information about its operations. The combination of no regulatory oversight, no website, no reviews, and minimal corporate transparency places this broker firmly in the high-risk category.
For traders, the safest course of action is to avoid any dealings with Black Stone until credible, independent evidence of its legitimacy and reliability emerges. FXCanary will continue to monitor this entity and update our analysis if new information becomes available.
Overview compiled by FXCanary from regulatory records and public data. full Black Stone review