Blocks Stream / blocks-stream.com has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Firm states on website they are registered with The FCA when not - Breach of s24 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.blocks-stream.com.
Tried to withdraw my funds from Blocks Stream / blocks-stream.com 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: Blocked my account|No legitimate license|Fake returns
I lost a significant amount because Blocks Stream / blocks-stream.com 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: Fast deposits|Automated trading options
Cons: Nothing significant|Research section could be deeper
I requested my data from Blocks Stream / blocks-stream.com 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: Great customer service|Professional team|Social trading features
Cons: No integrated tax optimization|Website design could be more modern
I was about to invest with Blocks Stream / blocks-stream.com but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
The spread at Blocks Stream / blocks-stream.com is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a forum discussion and initially thought the platform was good - until I started trading seriously.
Pros: Customizable dashboard|Educational resources
Cons: Minor UI glitches occasionally|Limited ETF selection
I trusted Blocks Stream / blocks-stream.com with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast execution|Tax reports included
Cons: Would like more payment methods
For anyone considering Blocks Stream / blocks-stream.com, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction