Blix Group is an unlicensed, unlicensed and offshore Crypto and Forex CFD Broker, that opened on February 18th 2020.
Blix Group Review – Blix Group is a SCAM. Do not trust this broker!
They are owned and operated by: AlephLink Solutions Ltd OU (registration # 14625979) and located at: Harju maakond, Tallinn, Kesklinna linnaosa, Roosikrantsi tn 2-704K, 10119, Estonia. The phone number listed on their website is in United Kingdom: +442038689158. Customer service email address is: [email protected]. Official website is at: https://www.Blix-Group.com/.
For complaints and withdrawal problems, read this.
Blix Group Broker Review
Our quick review of this new broker called Blix Group finds, that the trading platform Blix offers their investors is made by Airsoft. The Airsoft trading platform is a basic web-based CFD software, and you will not find an option to use MT4 (MetaTrader 4) or a mobile trading app. Look at the screenshot shown below, and you will see what their web-based trading platform looks like.
Investors will find hundreds of underlying assets available for CFD trading including; Shares, Crypto Currency, Forex Pairs, Stocks, Commodities and Market Indexes. The minimum deposit for a new trading account is officially $500.
Crypto algorithm trading bots like Immediate Edge, advertise via Fake News articles and illegally use the images of known celebrities and actors. Before falling victim of one of those get rich quick scams, read this article.
Is Blix Group a Legit Broker?
No, Blix Group is not a licensed or regulated broker. On May 7th 2020, just three months after they opened, the FCA in England warned investors to stay away from this broker, see here.
The Scam Broker Investigator uses a very simple approach to ascertain whether a CFD broker is legit or a scam. We check if the broker is licensed and regulated by any one of the following government regulators; FSCA South Africa, FCA United Kingdom or ASIC Australia. All brokers in Europe must be licensed and regulated by the financial regulatory agency in their country.
If you have problems making a withdrawal from a broker, you should read this article. You can find popular Forex brokers that are licensed and regulated listed here.