BLOCKSBROKERS

BLOCKSBROKERS is a forex and CFD brokerage registered in the United Kingdom, with an official presence at blocksbrokers.com. The entity was established on 8 April 2025, making it a very recent entrant to the online trading space. Its registered office is located at Suite 10 Mawtec House, New Street, Mawdesley, Ormskirk, Lancashire, L40 2QP.

As an unregulated broker, BLOCKSBROKERS does not hold any authorisation from a financial regulatory authority. This absence of oversight is a critical factor for potential clients, as it means there is no external supervision of the firm’s operations, client fund segregation, or dispute resolution mechanisms.

The broker offers a tiered account structure with six levels: Bronze, Silver, Gold, Premium, Platinum, and Diamond. Minimum deposits start at $2,500 for the Bronze account and escalate to $250,000 for the Diamond tier. Maximum leverage varies by account, with the higher tiers offering up to 1:400 leverage, while the Bronze and Silver accounts are capped at 1:100 and 1:200 respectively.

These high minimum deposit requirements suggest that BLOCKSBROKERS is targeting high-net-worth individuals and experienced traders rather than retail beginners. The significant leverage available also introduces elevated risk, especially given the lack of regulatory constraints.

Details on trading instruments, platforms, spreads, and fees are not publicly available from the known facts. The broker’s website may provide further specifics, but based on our records, the range of instruments is listed as '--', indicating undisclosed or limited offerings. Clients should verify available assets directly with the firm.

The leverage offered, up to 1:400, is aggressive and exceeds what many regulated brokers allow, particularly under European or UK regulations. Combined with the unregulated status, this creates a high-risk environment for traders.

FXCanary's Scam Risk Score for BLOCKSBROKERS is 53 out of 100, categorised as 'Elevated'. This score reflects the broker's very recent establishment, lack of regulatory oversight, and high-leverage account structures. Traders should exercise extreme caution when considering this broker.

Without regulatory protection, there is no guarantee of client fund segregation or recourse in the event of a dispute. The absence of independent reviews and public information further compounds the uncertainty. Potential clients should conduct thorough due diligence before committing any funds.

The broker is registered in the United Kingdom, though its regulatory status means it is not authorised to offer services to UK residents. It may target international clients, particularly in jurisdictions with less stringent regulatory requirements. The high minimum deposits suggest a focus on affluent traders globally.