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Blacksuit Brokers

United Kingdom|2-5 years|
Suspicious Regulatory License|MT5 Full License|Regional Brokers|High potential risk|

http://blacksuitbrokers.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
FCSBusinessSolutions-Server MT5
Server Location Netherlands

Contact

http://blacksuitbrokers.com/
71-75, Shelton Street, Covent Garden, London, United Kingdom,WC2H9JQ

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

BLACKSUIT BROKERS LIMITED

Company Abbreviation

Blacksuit Brokers

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-04-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Blacksuit Brokers · Company Summary

FCS Business Solutions Basic Information

General Information

FCS Business Solutions is an online forex broker registered in Saint Vincent and the Grenadines, allegedly providing access to more than 2,100 trading assets across forex, stocks, indices, commodities and more through the leading MT5 trading platform.

Is FCS Business Solutions safe to trade with?

When it comes to regulation, FCS Business Solutions obviously disappoints us due to the lack of authorization and licenses to operate forex and CFD trading services.

The regulatory status of this regulatory status on the WikiFX website is marked as “No License” and it only receives a quite low score of 1.19/10.

Bear in mind that trading with an unregulated and offshore forex broker contains a high level of risk. Before you deciding on any broker, you are strongly recommended to check out a forex brokers regulatory licenses on WikiFX.

WikiFX

Market Instruments

FCS Business Solutions claims to offer its clients over 2,100 trading assets, which include the following classes:

  • Forex-Major, Minors, and Exotic Currencies

  • Commodities-Gold, Silver, Copper, Crude Oil, Brent Oil and Natural Gas

  • Crypto-Bitcoin, Litecoin, Ripple, MONERO and ZCASH

  • Indices-INDIA50, DOWJONES, NASDAQ100, FTSE100, and JAPAN225

  • Shares-APPLE, FB, GOOGLE, CANABIES, and more

Market Instruments

Spreads

FCS Business Solutions hypes that it offers competitive spreads, 0.2 pips on the major pairs, like the EUR/USD and the GBP/USD, 0.3 pips on Gold and Silver. However, investors are recommended to open a demo account to test its trading environment first.

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Trading Platform

FCS Business Solutions offers its clients access to the leading MT5 trading platform, which can be accessed on any device, Windows, Desktop, Android and IOS. The MT5 trading platform is among the most popular trading platforms around the world, featuring robust charting package, multiple technical indicators, and more importantly, it supports EA, allowing traders to automate trading themselves.

Payment Methods

The minimum deposit to start trading with this brokerage house is not disclosed, and FCS Business Solutions allows traders to make a deposit and withdrawal through the following channels:

  • VISA

  • MasterCard

  • NETELLER

  • WebMoney

  • Skrill

Payment Methods

However, further information about withdrawals and processing time are not disclosed.

Customer Support

FCS Business Solutions provides 7x 24 customer support, and they can be contacted through the following channels:

Telephone: +65-31-595-783

Email: contactus@blacksuitbrokers.com, partners@blacksuitbrokers.com

Registered Company Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines

Also, you can follow this brokerage house on Facebook, Linkedin and Instagram.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved, and it is not suitable for all investors.

The information presented in this article is intended solely for reference purposes.

User Reviews

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3

Comments

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老爷爷
more than one year
This so-called foreign exchange company registered in Saint Vincent and the Grenadines does not have any regulatory license, and I personally will not trade here. There are so many companies in the foreign exchange industry, why should I choose only this one?
2023-02-17 15:50
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0
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Harris
more than one year
This offshore broker is not suitable for beginners. Can you believe? A beginner account should ask for a minimum deposit of $500. That’s so crazy! Although it indeed has some educational resources and trading tools, I strongly recommend you to trade with some legit broker. Fcs business solutions is definitely not your ideal choice.
2022-12-05 17:39
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0
0
FX1082756141
more than one year
FCS Business Solutions offers a variety of trading products for trading. The leverage is also flexible and can choose between 1:50-1:200. But the $500 minimum deposit is too high, and most regulated brokers offer $100 or less. The 4 pips spread is surprisingly wide, while the industry average is just 1.5 pips.
2022-12-05 16:28
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