BLOCKBRIDGE EXCHANGE has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
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. BLOCKBRIDGE EXCHANGE said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Clean UI|Social trading features|Multiple order types|Portfolio tracking tools
Cons: No dark mode on mobile|Live chat only during business hours
KYC with BLOCKBRIDGE EXCHANGE is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Wide product range|Good analytical tools
Cons: Withdrawal takes 1-2 business days|Inactivity fee applies after 12 months
The spread at BLOCKBRIDGE EXCHANGE is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a friend recommended them and initially thought the platform was good - until I started trading seriously.
Pros: Reliable uptime|Professional team|Automated trading options
Cons: Limited ETF selection|Wait times can be long during peak hours
I had a dispute with BLOCKBRIDGE EXCHANGE and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Multiple order types|Comprehensive tools|API access
Cons: Onboarding videos are outdated|Withdrawal takes 1-2 business days
I signed up with BLOCKBRIDGE EXCHANGE through word of mouth in my investment club and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Risk management tools|Easy to use platform|Transparent fees|Great customer service
Cons: Desktop app not available on Linux|Live chat only during business hours
I am in a dispute with BLOCKBRIDGE EXCHANGE 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: Instant funding|Real-time alerts
Cons: Spreads widen during volatile periods
Several red flags with BLOCKBRIDGE EXCHANGE: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
I want to warn everyone about BLOCKBRIDGE EXCHANGE. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Lost entire investment|Reported to authorities|Unresponsive
My withdrawal from BLOCKBRIDGE EXCHANGE was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over three years of being strung along.
Pros: Educational resources|Social trading features
Cons: Minimum deposit could be lower|Would like more payment methods