Blaine & Thompson S.A has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: (502) 332 8859/8860, Fax: (502) 332 8863/363 0378
Addresses: Edificio Topacio Azul Numero 217 Nivel 2 2a Avenida 13 Calle 2-60 Zona 10 Guatemala C.A. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.blaine-thompson.com.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Blaine & Thompson S.A said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Dividend tracking|No hidden fees|Quick verification
Cons: Slow to add new assets
The hidden fees at Blaine & Thompson S.A are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Helpful community forum|Economic calendar
Cons: Cannot customize dashboard fully|Inactivity fee applies after 12 months
The mobile app from Blaine & Thompson S.A is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Multiple order types|Full transparency|Regular platform improvements|Tax reports included
Cons: Search feature is basic|Limited ETF selection
Blaine & Thompson S.A advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Multi-device support|Clear documentation
Cons: Search feature is basic
Opened my account with Blaine & Thompson S.A through a financial advisor and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Multi-currency support|Personal attention|Transparent fees
Cons: Some tools only available on higher tiers