BLG Finance (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I joined BLG Finance (Imposter) after a trusted YouTuber reviewed them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Regular platform improvements|Good mobile app
Cons: No live chat on mobile|Limited cryptocurrency options
I experienced a security concern with my BLG Finance (Imposter) 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: Clean UI|Personal attention
Cons: Slow to add new assets|Wait times can be long during peak hours
What really bothers me about BLG Finance (Imposter) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after comparing multiple platforms and I fell for the polished exterior. Never again.
Pros: Good mobile app|Multiple order types
Cons: Cannot customize dashboard fully|Slow to add new assets
I wanted to transfer my portfolio from another broker to BLG Finance (Imposter). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Real-time alerts|Stable platform|Wide product range
Cons: No live chat on mobile
I was contacted by BLG Finance (Imposter) through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Lost entire investment|Reported to authorities|Unresponsive