Blantomic Review

After finding a highly positive review of Blantomic, a forex and crypto broker founded in 2023, we couldn’t help but feel something was off.

The article seemed overly positive, praising Blantomic’s platform and features like they were divine.

A little digging revealed multiple similar articles and blog posts about Blantomic, which only fueled our suspicions.

So, i decided to dive deeper into this investment scam.

Keys Factors

When picking a broker for CFD trading, several key factors can make or break your decision. For Blantomic, these factors include:

• Regulatory Status: Blantomic lacks proper regulation and licensing.
• Customer Service Quality: Users report poor customer service experiences.
• Transparency: Blantomic has a history of hidden fees and unclear information.
• Overall Reputation: The broker has a bad reputation in the trading community, with many negative reviews.

Sadly, Blantomic raises more red flags than a soccer referee.

Is Blantomic a Legit Broker or a Scam?

Is Blantomic legit? Not likely.

They claim to operate out of a UK address, but we found out this address doesn’t exist.

Plus, they’re unregulated, meaning they aren’t overseen by the FCA, BaFin, CySEC, ASIC, NFA, or CNMV.

This lack of regulation means they don’t have to follow any safety measures like segregated accounts or AML standards, which are crucial for protecting your funds.

Regulatory Warning

The AMF Canada has issued a warning about Blantomic, highlighting their fraudulent activities and advising investors to avoid this broker. You can read the full warning here.

Fake Address and Company

Blantomic lists a UK address to seem legitimate, but no company by that name is registered at Cabot Square, London E14 5AB, United Kingdom. This fake address is a huge red flag.

Lack of Regulatory License

Blantomic openly admits on their website that they aren’t licensed by any regulatory authority. They claim they’re working on it, but there’s no evidence to support this.

Without regulation, they can pretty much do whatever they want with your money.

Services Offered by Blantomic

Blantomic offers the typical services of a CFDs broker, like various trading instruments and account management.

They boast an advanced trading platform, but user experiences suggest otherwise.

Blantomic Account Types and Hidden Costs

Blantomic offers several account types, but many users report that the benefits promised are not delivered.

Here’s a rundown of their accounts:

Account Type	Deposit	Cumulative Benefits
Islamic Account	N/A	Market Reviews, Trading E-Book, Webinar Access, Social Trading, VOD: Advanced, Webinar Access, Spreads: Regular
Bronze Account	€10,000	Market Reviews, Trading E-Book, Webinar Access, Social Trading
Silver Account	€25,000	+VOD: Advanced
Gold Account	€50,000	+1 Risk-Free Trade, +Personal Assistant
Platinum Account	€100,000	+Customized Account, +Access to Trading Room
Diamond Account	€250,000	+Trade Specialist, +Exclusive Marketplace Updates
Premium Account	€500,000	No more benefits
VIP Account	€1,000,000	No more benefits

The benefits plateau after the Diamond level, suggesting a total lack of gains beyond this point.

Moreover, there is no evidence or details about these benefits, and they are worded rather generically with some likely being imaginary.

Blantomic Trading Platform Review

Blantomic boasts about a dedicated web trading platform, but we couldn’t find any real proof it exists.

User reviews mention frequent issues, a lack of intuitive design, and slow response times. Plus, web terminals can be heavily manipulated by fraudsters.

Hidden Costs and Fees

Blantomic traders can expect unannounced and sudden fees. These hidden costs and charges appear whenever they want, making it clear they aim to make you lose money.

Additionally, the website doesn’t reveal trading costs, leverage, or commissions.

Customer Reviews: The True Face of Blantomic

Customer reviews of Blantomic are overwhelmingly negative. Common complaints include difficulties withdrawing funds, poor customer service, and misleading trading information.

Many users feel scammed, with some reporting that their accounts were frozen or closed without explanation.

Fake Online Content

Blantomic reviews on TrustPilot and SiteJabber are mostly fake, posted by review seller networks to maintain a false image of a perfect reputation.

Genuine reviews, often buried under the 1-star filter, reveal a pattern of fraudulent activities and unhappy customers.

Devious Fraudulent Strategies

Blantomic employs several devious strategies to attract victims. The domain was established in November 2023, and they target people from Canada, Japan, Malaysia, and Singapore using boiler room agents.

They promise incredible riches after an initial investment, but any semblance of trading is a farce to make you believe you’re earning while your money is being stolen.

Copycat Websites

Blantomic isn’t just a standalone scam; it appears to be a copy of other notorious scam and blacklisted brokers such as:

• HighBTCstock
• Chronovalor
• TheBtcPro

These websites share similar designs, content, and fraudulent tactics, suggesting they might be operated by the same group of scammers.

Conclusion

Blantomic appears to be a high-risk broker with numerous red flags that potential investors should be wary of.

Their questionable regulatory status, poor customer reviews, and unreliable services make it difficult to trust them with your investments.

If you’re looking for a reputable and reliable broker, it’s advisable to explore other options.

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