Blokchain.co.com has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". The FMA is warning investors about a phishing scam impersonating the Blockchain.com cryptocurrency exchange. Scammers are using Google advertisements to promote a fake version of Blockchain.com’s login screen. When a victim enters their login details, scammers take the passwords and use them to... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Blokchain.co.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Instant funding|Multi-device support|Demo account available|Dividend tracking
Cons: Limited social trading features|Mobile app could be improved
The onboarding at Blokchain.co.com was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Reliable uptime|Full transparency|Regular updates
Cons: Wait times can be long during peak hours
After spending for the past year and a half trying to make Blokchain.co.com work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Comprehensive tools|Instant funding|Economic calendar
Cons: Inactivity fee applies after 12 months|Email notifications too frequent