Is Bloombex a Scam?


Bloombex Options Overview

Bloombex Options is one of the most respectable and leading binary options brokers that have been around since 2009. They were actually one of the first brokers to ever emerge in the market and have been growing their services ever since. Bloombex uses SpotOption’s platform, as it is the most cutting edge software any broker could operate with. They also provide an advanced signals service that has an above average accuracy rate in order to assist clients in their strategy. In addition, they have customers from almost all countries worldwide and have customer support in 10 languages: English, Italian, Russian, Spanish, German, Dutch, Japanese, Arabic, Turkish and French. Bloombex also offers risk-free trades with greater upper limits and more beneficial terms than most other brokers.

Although Bloombex is not regulated or licensed by CySEC, there is not need to worry as they have established a very credible reputation in the industry. When a broker is not technically regulated, you should check out reviews from other traders in online forums and groups to get a well rounded perspective. After investigating Bloombex, we didn’t come across any suspicious activities and based on experience can deem that this broker provides excellent services. Read below to find out what makes them different than any other binary options broker.

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Bloombex Withdrawals

The withdrawal process at Bloombex is quick and secure. There are several means a client can use to withdraw funds, but bear in mind that each method requires a certain number of processing days. You can have your earnings added to your Debit/Credit Cards, bank accounts, Skrill or PayPal. There is also a small fee for withdrawals, so read their policy beforehand to review the procedures.

Bloombex Assets

Bloombex has over 100 assets for clients to trade with, including stocks from some of the most established companies in the world and a variety of indices from diverse stock markets. They also a rich commodity list, not just the typical gold, silver and oil options, but even more unique ones like platinum, sugar and coffee.

Bloombex ladder options offer up to 1000% payouts

Bloombex’s platform is very impressive and the features that are included are unlike other brokers’ services. They have Ladder and One Touch options that can hit a return rate up to 550%. The Ladder option requires a strategy and is not ideal for newbies due to the complexity associated with it, but for more experienced traders this is great option that’ll provide higher profits than One Touch. Many brokers usually follow a payout of 200 and 300%, thus Bloombex went much above the average.

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Bloombex Trading Platform

As mentioned, Bloombex operates the SpotOption trading platform which is very dynamic and straight forward. This broker offers over 100 assets for traders to choose from and includes rare assets that can’t be found from any other broker. There are wide range of options such as Regular, High/Low, One Touch, 60 seconds, Pairs, Long-Term, Ladder and Forex/CFD. Bloombex does a very good job at allowing its traders to diversify their portfolios with so many assets, markets and options. They also trades starting at $20, which is adequate and typical amongst most brokers. The Bloombex trading platform also includes “The Real Robot”, which is a fully automated trading tool that will execute trades according to given settings and has an 83% accuracy rate. This is very optimal for those who would like to reduce their learning curve or do not have time to be constantly in front of a PC. You can trade via your mobile on the go, available on Apple Store and Google Play.

bloombex main page

The actual functionality of the platform is seamless as per our team’s experience. There were no troubles with window displays or interference with signal indicators. Bloombex has done one of the best jobs keeping a harmonized platform that is easy to navigate through. Furthermore, they have vast interactive educational resources to help any level trader. There are 6 beginner and 8 advanced courses, more in-depth binary courses, a binary option eBook and platform eBook, just to name a few. Everything is available for a trader to educate yourself regardless of experience.

 Bloombex Demo Account

 Although there are plenty of brokers offering demo accounts as trials to new clients, Bloombex takes on a different approach. The give interested traders the opportunity to create a profits right from the get-go with one full week of trading options risk-free. So traders can use play money to practice on Bloombex’s trading platform and make real genuine profits without risking their own money. Even if you lose all your play money during your free week, your losses are compensated up to the initial deposit amount. Our team found this very innovative and a great way for traders to test the platform.

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Bloombex Bonuses

Bloombex’s bonuses are quite unique compared to common binary option brokers in the industry. They offer up to 100% as a bonus on your first time deposit and the minimum requirement for this is $1000. This sounds high, but you’ll be able to take advantage of trading one week risk-free, which in the end makes up for the initial deposit. What this means is that for every trade you make in that week, you’ll collect your winnings. In the case you incur losses, Bloombex will give you back your initial deposit (up to $5000). This is something that almost no other broker does and is worth thousands of dollars. So in the first week, traders can make a ton of trades and have any loses compensated by the broker; it’s a win-win situation. Just make sure to read the Terms and Conditions, as the trading volume required is 27 times before you can withdraw your winnings, which is typical with offered bonuses.

Final Words

In summary, Bloombex offers a very satisfying trading experience, including 7 days of risk-free trades and accurate signal services. The platform is very accessible and clear for beginners to start trading immediately. Many professionals will also benefit from its familiar interface, resulting in no delays when ready to place trades. They further include the most well known and secure payment method via PayPal, which only a few brokers use. It offers an immense amount of educational courses that can help all the traders educate themselves. Regulated or not, we deem Bloombex as a trustworthy broker with premium services.

This binary options broker is safe and highly recommended for a great trading experience.

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Pros
  • 7 Days Risk-Free Trades
  • Accurate Signal Services
  • Offers Premium Services

 

Cons
  • Not Licensed by CySEC
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