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Global Broker Regulation & Inquiry App

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Block Option

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://blockoption.io/

Website

Rating Index

Contact

https://blockoption.io/

Licenses

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

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
China
Operating period
2-5 years
Company Name
Block Option
Abbreviation
Block Option
Company employee
--
Company website
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Website
Company Summary
Review

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Official website

Website

  • blockoption.io

    Server Location

    United States

    Website Domain Name

    blockoption.io

    Website

    WHOIS.NAMECHEAP.COM

    Company

    NAMECHEAP, INC

    Domain Effective Date

    2018-09-11

    Server IP

    172.67.168.206

Company Summary

General Information

Block Option is a newly established broker registered in the United Kingdom, with its office address, the company behind it and contact methods not disclosed to all. Since its official website cannot be opened, we can tell that this broker probably closed its business, or changed its name then running away.

Regulation

Block Option claims that it is authorized and regulated by NFA with regulatory license number 0541195. However, this NFA license is verified to be a clone one. The following detail tells us Block Option is posing as a legit broker to scam traders.

image.png

Official Website Unavailable

Since Block Options official website cannot be accessible at this moment, we can only pick up some related information from other broker-reviewing websites to get a rough idea of this broker.

Market Instruments

Tradable financial instruments available on the Block Option platform include forex currency pairs, binary options, as well as some crypto currencies.

Minimum Deposit

In terms of minimum deposit, Block Option does not make this part clear. And we cannot find related information anywhere. In most cases, legit brokers requires traders to fund around $100 or equivalent amount to start real trading.

Trading Platform Available

What Block Option offers its traders is not the MT4 or MT5 trading platform, and Block Option does not make this part clear. We cannot find related information anywhere on the internet.

Deposit & Withdrawal

Block Option is also a missing part, and we have no idea what payment methods it supports. In most cases, most brokers allow their traders to fund their accounts through Visa, MasterCard, Wire Transfer as well as Skrill and Neteller.

Customer Support

No channels found to get in touch with this company, even basic telephone number or an email address, which is a red flag. Registered Address: 27 Old Gloucester Street

London, WC1N 3AX.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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