Black Stone Capital has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Black Stone Capital found at www.blackstonecapital.io is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The only good thing about Black Stone Capital is that they remind you why regulation matters. I found them after a trusted YouTuber reviewed them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Professional team|Fast execution
Cons: Limited social trading features|No fractional shares
Tried to withdraw my funds from Black Stone Capital and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Black Stone Capital has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Ontario Securities Commission|Cannot verify credentials
I am in a dispute with Black Stone Capital over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Comprehensive tools|Regular updates|Great customer service
Cons: Search feature is basic
The onboarding at Black Stone Capital was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Competitive fees|Two-factor authentication
Cons: No fractional shares
I had high hopes for Black Stone Capital after a trusted YouTuber reviewed them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Comprehensive tools|Segregated accounts|Good mobile app
Cons: Mobile app could be improved
After using Black Stone Capital for just over a year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Fast execution|Real-time alerts
Cons: Website design could be more modern
I lost a significant amount because Black Stone Capital did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Excellent charting|Economic calendar
Cons: Would like more payment methods|Live chat only during business hours
I experienced a security concern with my Black Stone Capital account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Demo account available|Clean UI|Responsive team|Good analytical tools
Cons: Charting tools need more indicators