MetaTrader 5
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
Runs on
- Windows
- Mac
- Web
- Android
- iOS
Details
Is Blue Whale Markets a scam?
Wikilix independent safety report
76%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5
Blue Whale Markets shows the hallmarks of a withdrawal-trap scam and we rate it a likely scam. It takes client deposits for forex and CFD trading while holding no financial licence anywhere, and mult…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIdentity & transparency6/10 · HighWithdrawals & conduct8/10 · CriticalReputation8/10 · CriticalWebsite claims7/10 · HighOperational history6/10 · High
Editorial review
Broker Summary
What Wikilix has recorded about Blue Whale Markets: its history, the licences it holds, its trading conditions and its fees.
Failed to generate article for Blue Whale Markets.
Website archive
Website snapshots
2 full-page captures of Blue Whale Markets's own site, archived so what they said can still be read after the pages change.
2 pages
Regulation check
Regulatory Licenses
We have not confirmed any regulation for Blue Whale Markets. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for Blue Whale Markets. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Deposits & withdrawals
Funding Methods
2 ways to fund an account. 2 credit instantly.
2 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Visa/MasterCardCredit Card | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| CryptocurrencyCryptocurrency | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Instant |
Trading software
Trading Platforms
One trading platform on record: MetaTrader 5.
1 platform
Websites
Global Domains
2 domains on record. All active and served over HTTPS.
2 domains
Company registry check
Company Registration
The operating company is Blue Whale Markets S.R.L (Sociedad de Responsabilidad Limitada). Registered in Costa Rica. Registration number 3-102-895595.
Verified on registry
- Legal entity
- Blue Whale Markets S.R.L (Sociedad de Responsabilidad Limitada)
- Registration number
- 3-102-895595
- Jurisdiction
- Costa Rica
- Registry
- Costa Rica Registro Nacional / Ministerio de Hacienda
- Registered address
- Province 04 Heredia, San Francisco, Santa Cecilia, Costa Rica
Peer comparison
Brokers worth comparing
One other broker on the record shares what Blue Whale Markets offers — its country, regulator, account types or platforms — set beside it on the same measures.
1 peer
Blue Whale Markets
This recordGrenada · since 2024· Blue Whale Markets S.R.LWikilix score 35.0RegulationNo RegulationMax leverage1:400Platforms1LicencesNot recordedMondFx
Saint Lucia · since 2024· Mond Trades Ltd.Wikilix score 35.0RegulationRegulatedMASMax leverage1:500Platforms3Licences1
Comments
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