blackstone500 review

Read our Blackstone500 review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a Blackstone500.com review. Also there are a few websites out there promoting blackstone500 so please do not fall for them, they have sponsored reviews.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So Blackstone500 is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about Blackstone500 in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.

Blackstone500 Review Conclusions

Making the Blackstone500 review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Blackstone500 review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected]
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

REVIEW OVERVIEW
blackstone500 review
blackstone500-review-blackstone500-comRead our Blackstone500 review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a Blackstone500.com review. Also there are a few websites out there promoting blackstone500 so please do not fall for them, they have...

12 COMMENTS

  1. Dear they are total scam.

    Once you start registering online they start calling you like hell and in 10 min you are the one depositing minimum balance.and they ar eworking in England but deducting amounts in Russian Currency equals to Euro.
    and once you realized its a scam its already done.
    they don’t bother to reply on withdrawal request, even you Start calling them.
    Below are the numbers of team there:
    +442035198561
    +442035198559
    +442035198561
    +442035197465
    +442038854199

  2. Hi im so glad i checked up on these people and yes i havehad numerous amount of calls telling me to use another card. I became suspicious when i was trying to explain that the bank has blocked my card.
    Time and time again they wouldn’t listen to what i was saying.
    So thanks for the heads up.
    And yes i have let quite a few people know about these people and business.

    Josie

  3. Friday 31st July, I emailed my trader Dean Witter and advised I wanted to close my account as I no longer wanted to trade with them. I also submitted a withdrawal request to withdraw all my funds. Over the weekend he opens contracts on my account without my knowledge or authorisation. He then said I cannot close my account with these contracts open. As soon as he opens the trades it wipes out all the funds in my account. I am a small investor, do not trust them with your money.

    Rating: 1
  4. Now for the withdrawal they will ask you lapyop access in order to proceed with.
    They asked me for the screen share and control in order to process with withdrawal.
    I refused

  5. Hi guys n gals I too fell into the trap with full intentions of earning a bit more and
    able too withdraw as advert said time n again.my fund built up credibly however in short time it created a loss.did any of you
    get funds back alli asked for my deposits
    back thinking maybe seek legal assistance.
    Regards james

  6. Blackstone500 is a scam company which is not registered in the Uk as they claimed. In the course of my recovery with them, i realized that they operate sometimes from Russia and their ISP is also traceable to Switzerland. Max Tillman who was assigned to manage my account made me lose all my money. When i wanted to take out the money that i invested, he asked me to pay 30% of my invested capital. please note that this was never stated from the beginning. After back and forth i had to pay the 30% because i invested a-lot of money and i couldn’t afford to lose that. After this, he became dodgy. He. doesn’t pick calls or reply to my emails and my account was still running in their mining. Because they represent that they operate from the UK, i reported to the FCA and it turned out to be that they were scam. Upon this, Bermuda Finance Security was in reference in one of the publications in Times and i applied to them for onward recovery. Although i was able to recover my money through them but they realized that my credit card was billed recurrent. Max Tillman was able to do this when he asked me to instal Anydesk and i obliged since i told him that i do not know how to trade.
    Ensure that you report them to your local police as well because even after getting back my money, i did same.

  7. Since I posted my original review I have not been able to recover my original investment. Could you post details of the Bermuda Finance Security that you applied to recover your investment and hopefully all of us who have been scammed by this company will be able to do the same and get this company shutdown.

  8. blackstone500 or should we now say b-s500.com, which they have now started back up as after scamming £10,0000’s out of trusting people all over the world. i also well into the trap, Leo novak scammed me out of £12750, Elijah gold stole £10,000 from my coinbase account, Adam prestonadam , he’s boss covered he’s he’s tracks, i have all the evidence to back up my claim, they are all thieves, guys, do not be draw in, if only i knew then what i know now……

  9. If anyone can help please reply!!! Max Tillman’s address, as I would love to catch up with him!!

  10. I have been ripped off by this company. I’ve lost £12k. It starts look always and they allow to take my £250 out then ask for more, like a fool I did. Then to asked to get my money. I got a letter and had to pay €1,893 then my funds would be released. That was 2 weeks, but I’m still fighting to get my money back. I have put all the names i can find and have spoken to them. Use them and keep sending emails maybe they will get feed up and pay up.
    [email protected]
    [email protected]
    [email protected]
    [email protected]
    [email protected]
    [email protected]
    [email protected]
    [email protected]
    [email protected]
    [email protected]
    It you have any other names add them to the list.
    Keep safe and let’s get our money back

  11. I lost money to Blackstone500 as well but Bermuda finance security is not credible they are a scam that will try and waste your time and you will end up loosing more money. Most of their promises are not true. Bermuda finance security is a scam scam scam

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