About BloomsMarkets
Company Overview
BloomsMarkets is the trading name of BloomsMarkets Limited, a company registered in the United Kingdom on 8 April 2021. The firm’s registered address is Suite 09~15, Level 21, The Shard, 32 London Bridge St, London SE1 9SG. While the company’s website (gblmtd.com) was previously accessible, at the time of this review the site is unreachable, preventing independent verification of its current operations.
According to publicly available corporate records, BloomsMarkets presents itself as an investment platform that connects traders to global securities markets. The company’s marketing materials claim to offer over 40 trading instruments spanning forex pairs, stock indices, and precious metals. However, the absence of a functioning website and limited public information raise significant questions about the broker’s current status.
Regulation and Licensing
Our review of regulatory databases and company records confirms that BloomsMarkets Limited does not hold a licence from any financial regulator. The UK’s Financial Conduct Authority (FCA) does not list this entity as an authorised firm. Unlike many legitimate brokers that prominently display their regulatory credentials, BloomsMarkets’ registration data shows no mention of regulatory oversight.
This lack of regulation is a critical factor for traders to consider. Regulated brokers are subject to strict requirements regarding client fund segregation, transparency, and dispute resolution. In the case of BloomsMarkets, there are no such safeguards in place. The company’s incorporation in the UK does not imply FCA authorisation, and the address at The Shard is a commercial service address often used by numerous firms, adding to the opacity.
Trading Instruments and Platforms
According to its self-description, BloomsMarkets claims to offer a range of trading instruments including forex pairs, stock indices, and precious metals. The broker states that clients can trade these global financial instruments through a single account. However, without an accessible website, specific details about available platforms (such as MetaTrader 4/5 or proprietary software) or the exact number of instruments remain unconfirmed.
Industry best practices for transparent brokers include clear information about trading conditions, execution models, and platform features. In this case, the inability to access the broker’s official site leaves potential clients without essential information needed to evaluate the trading environment. This lack of transparency is a notable red flag.
Account Types and Trading Conditions
No official information about account types is available as the broker’s website is offline. Typically, retail brokers offer multiple account tiers with different minimum deposits, spreads, and leverage options. For BloomsMarkets, these details cannot be verified. The company’s description mentions that clients can trade through an account, but specifics on deposit methods, leverage limits, spreads, or commissions are absent.
The absence of standard disclosures on trading conditions is unusual for a firm seeking to attract retail traders. Without published terms, prospective clients cannot make informed decisions or compare offerings with other brokers. This information gap further undermines the broker’s credibility.
Funding and Withdrawal
Details on payment methods accepted by BloomsMarkets are not publicly available due to the inaccessible website. Reliable brokers typically provide clear information on deposit options (bank transfers, credit/debit cards, e-wallets) and withdrawal policies, including processing times and any fees. The absence of such information at BloomsMarkets leaves potential clients in the dark.
Withdrawals are a particularly sensitive area for unregulated brokers, as there are no external mechanisms to enforce timely payments. The lack of transparency around funding and withdrawal procedures heightens the risk for traders who may consider depositing funds.
Target Audience and Suitability
BloomsMarkets appears to target retail traders interested in forex and CFD trading, given the range of instruments advertised. However, the lack of regulation, combined with the inaccessibility of its website, makes this broker unsuitable for most traders, especially those who prioritise security and regulatory oversight.
The broker is not appropriate for risk-averse investors or traders who require transparent trading conditions and client fund protection. Even experienced traders who accept higher risk should approach with extreme caution due to the absence of reliable information and the high scam risk score assigned by our analysts.
Corporate Background
BloomsMarkets Limited was incorporated on 8 April 2021 in England and Wales. The company’s registered address is at The Shard, a prominent London landmark, though this address is commonly used by service providers and does not necessarily indicate a physical office presence. Company filings show no evidence of regulatory authorisation or membership in any compensation scheme.
The firm’s business description in corporate records is generic, and no financial statements or operational details are publicly filed. The company appears to be a newly established entity with limited verifiable history, which adds to the concerns about its longevity and reliability.
Overview compiled by FXCanary from regulatory records and public data. full BloomsMarkets review