blockchainfactory.net has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". blockchainfactory.net is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: blockchainfactory.net, yourtradingsystem.com.
I closed a profitable position at blockchainfactory.net and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Full transparency|Multiple order types|Personal attention
Cons: Currency conversion fee exists
The reporting at blockchainfactory.net is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Segregated accounts|Educational resources|Portfolio tracking tools
Cons: Limited demo account features|No dark mode on mobile
I requested my data from blockchainfactory.net under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Social trading features|Smooth onboarding|Fast deposits|Multi-currency support
Cons: Website design could be more modern|No dark mode on mobile
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. blockchainfactory.net recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multiple order types|Portfolio tracking tools
Cons: No integrated tax optimization|Wait times can be long during peak hours