About CHAINBLOCKS
Overview
CHAINBLOCKS is a retail forex and CFD broker that was established on 24 October 2025 and is registered in Ireland at 3 Lamp Place, Lamp St., Dublin, D01 A1V1. The broker operates the website chainbl0cks.net and offers trading services in forex, CFDs, and cryptocurrencies. However, our review finds that the broker is not currently regulated by any financial authority, which is a significant concern for trader protection.
Regulation and Safety
Our records indicate that CHAINBLOCKS has no regulatory licenses from any recognized financial regulator. The company is incorporated in Ireland, but Irish registration does not equate to financial regulation. The absence of regulatory oversight means that traders do not have access to compensation schemes, dispute resolution mechanisms, or mandatory capital requirements. This lack of regulation elevates the risk profile of the broker considerably.
Account Types
CHAINBLOCKS offers three account tiers: BASIC, ADVANCED, and EXPERT. All account types provide a maximum leverage of 1:500. The minimum deposit for each account type is not specified on the website, though the broker claims a general minimum deposit of €250 elsewhere. The specific features distinguishing these account types are not detailed on the site.
Products and Platforms
The broker claims to offer trading in forex, CFDs, and cryptocurrencies, but specific instrument lists are not provided. The website does not disclose which trading platforms are available (e.g., MetaTrader 4/5, proprietary platform). The claim of over 100 platform features is vague and unverifiable without additional details.
Deposits and Withdrawals
Information on deposit and withdrawal methods is limited on the Chainblocks website. The broker mentions a minimum deposit of €250, but does not specify acceptable payment methods, processing times, or fees. Similarly, withdrawal policies are not disclosed. This lack of transparency is a red flag for potential traders.
Conclusion
CHAINBLOCKS is a newly established broker with no regulatory oversight. While it offers high leverage and claims a range of educational resources, the absence of verified regulatory status and limited disclosure of key trading terms make it a high-risk option. Traders are strongly advised to exercise caution and consider only regulated alternatives.
Overview compiled by FXCanary from regulatory records and public data. full CHAINBLOCKS review