Score
BlackPearlFX
http://www.blackwh01.com/
Website
Rating Index
Contact
Licensed Entity:Black Pearl Securities Limited
License No. 688456
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
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Company Summary
Note: BlackPearlFX's official website: https://www.blackwh01.com/ is currently inaccessible normally.
| BlackPearlFXReview Summary | |
| Founded | / |
| Registered Country/Region | United Kingdom |
| Regulation | FCA (Suspicious clone) |
| Market Instruments | 60 Currency Pairs (up to 100 Currency Pairs via FIX API), CFDs on Indices, commodities, and precious metals |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 0.6 pips (Pro account) |
| From 0 pips (Prime account) | |
| Trading Platform | MT4 |
| Min Deposit | $100 |
| Customer Support | Phone: 4006055850 |
| Email: m17080897033@163.com | |
| QQ: 349591251, 799831320, 1248604050 | |
BlackPearlFX was founded in the United Kingdom. It offers many trading assets, including 60 Currency Pairs (up to 100 Currency Pairs via FIX API), CFDs on Indices, commodities, and precious metals with leverage up to 1:500. However, the FCA-regulation is a suspicious clone.
Pros and Cons
| Pros | Cons |
| Various trading assets | Suspicious regulation |
| High leverage | High minimum deposit |
| Tight spreads | |
| Popular trading platform MT4 |
Is BlackPearlFX Legit?
| Regulatory Status | Suspicious Clone |
| Regulated by | Financial Conduct Authority (FCA) |
| Licensed Institution | Black Pearl Securities Limited |
| Licensed Type | Straight Through Processing (STP) |
| Licensed Number | 688456 |
BlackPearlFX's regulation is a suspicious clone. Its email address and website are different from the license. Even the address of licensed institution is not offered by BlackPearlFX.

What Can I Trade on BlackPearlFX?
| Tradable Instruments | Supported |
| Currency Pairs | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Precious metals | ✔ |
| Energies | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
BlackPearlFX offers two account types: PRO and Prime.
| Account Type | Minimum Deposit | Minimum Trade Size |
| Pro (STP) | $100 | 0.01 (micro lot) |
| Prime (ECN) | $10 000 |
Leverage
BlackPearlFX's leverage varies by the account types. The Prime account's leverage is 1:100. And the Pro account is 1:500. High leverage always comes with high returns and high losses.
Spreads and Commissions
The Pro account of BlackPearlFX starts from 0.6 pips, and the Prime account starts from 0 pips. Besides, the Prime account also has $3 commission per side per 100k trade, and the Pro account's commission is free of charge.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
BlackPearlFX can deposit and withdraw via bank wire, Skrill, Neteller and UnionPay.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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