Not Trusted Broker By BinaryOptionsThatSuck.com

Bloombex Options Overview

Bloombex Options
  • Bloombex Options
  • Bonus: up to $100
  • Options Profability : 68-73%
  • Rating: 5.1 / 10

Basics

Broker Name: Bloombex Options
Platform: SpotOption
Founded: 2010
Bonus: up to $100
Return/Refund: 68-85%/0-10%
US Traders Accepted: Yes
More
Bloombex Options Basic Information

Features

No. Of Assests : 109
Regulated : No
Demo Account : No
Deposit Options : C.C., WireTransfer, CashU
Language : 8
Minimum Deposit : 200

Screenshots

Screenshot 1
Screenshot 2

Review Last Updated 2013-12-22 13:32:12

Editor’s Note- Why does Bloombex Options Suck in 50 Words

There is no doubt over the fact that Bloombex certainly is a part of the Binary Options brokers’ category which does not deliver what it promises it will. A mere glance through the description of Bloombex is enough to make us understand that it is just another average broker and it has no special features that can be helpful to us.

 

Check out our recommended binary options brokers

 

Why Bloombex Options Doesn’t Suck in 50 Words

Unlike most Binary Options brokers who does not support PayPal, At BloombexOptions a trader can deposit and withdraw via PayPal. Only a few brokers allow PayPal service, however, the maximum withdraw via PayPal cannot exceed the deposited amount.

 

 

Bloombex Options Full Review- Nothing special with Bloombex

The Bloombex Options was founded in 2009 and is 100% web based with no software needed be downloaded. My first encounter with Bloombex options already raised a couple of question about the authenticity of this company. The address shows the company to be set up in Singapore. However, there is bit confusion on this aspect as it seems to be registered at British Virgin Islands. Bloombex has been introduced as a versatile trading platform which supports forex as well as binary options trading. There is nothing new about this platform and it seems to be very similar to the other binary options trading platforms available in the market and this is why I personally feel that Bloombex scam is true. Some of the essential features which can be highlighted about this trading platform is that at a glance the platform looks great, the one touch weekend options seems good, there are multiple assets to trade on, demo seems informative and the numerous deposit options makes us feel like it is a great buy. The OneTouch trading option helps traders to keep their positions open throughout the day and thus, they can hope to reach the payout, however, we must understand that Bloombex is not the only trading platform to provide customers the One Touch option. In fact, I have personally used several top trading platforms and all of them seem to have this feature.

 

 

Is Bloombex Options A Scam?

I have just discussed that there is nothing unique about making Bloombex sound like the ultimate binary options platform. All its features seems to be present in some other trading platform as well and hence, now we need to find out is Bloombex Options scam or not? Now, I wouldn’t actually refer to Bloombex fraud because the customer representative who is trying to make you buy this is only worried about the initial investment which you will make on this platform. You should understand that the minimum deposit and withdrawal on this trading is quite high. So, when you make your first investment, you are treading towards loss that’s pointed on the traders side. Most of the newbie investors might not take into consideration the initial high investment which is quite high and in turn, they are not offered any new trading tools which are the first major setback of this trading option. For me, personally, the unavailability of fine trading tools makes me lose interest in this binary option trading. The OneTouch Trading option and the clear indication of tracking the expiry time of an asset is all that is provided from this trading platform. The fees charged by Bloombex are enormous and there are hardly any benefits that can be reaped from such an investment. In fact, for such a high minimum investment, you can certainly go for a top rated trading platform which offers you the right trading tools for you to play in the binary options domain. There are no analysis tools and no live news feeds, and the bonus is too big as well. After I understood the cons of the Bloombex binary option, I just wanted to warn all the possible investors to stay away from this trading platform and just want to make sure that you do not fall into the trap of Bloombex Options scam.

 

Check out our recommended binary options brokers

 

BloombexOptions Complaints

Searching for broker complaints and fraud alerts is always an important task; it’s so easy to do that anyone can perform that simple search. All you have to do is check Google for Bloombex Options complaints, scam, etc. here is what binaryoptionsthatsuck.com found- Unfortunately, our search for Bloombex options complaints came up empty. We couldn’t find either any positive comments or negative ones. They’re quite new to the binary options industry, we’ll just have to wait and see.

 

BloomBex Options Bonus

The bonus at bloombex options is at least 30% for any deposit. Another add says that with every 100-500$ investemte you get a 100% bonus. No information about the wager.

 

Bloombex Options Withdrawal

Check our article center for more information about withdrawal, and why it so important. Bloombex Options allow a few withdrawal methods, all of them are charged with fees. They claim the withdrawal is fast, but it’s actually quite usual.

 

 

Bloombex Options Ratings

User Friendly 15/20

Bloombex website is based on a 100% web based platform. The website is quite user-friendly and makes trading quite easier.  The platform looks good and is graphically attractive. You will be able to access the website on all the trading levels and it is said that even if you are beginner, you can get it correct with the Bloombex options. Also, the website has been cleanly organized and it is quite easy to locate the icons. The FAQ section has been clearly laid out for the convenience of the clients and the learning tutorials are good as well. Bloombex is available in English. Arabic, German, Russian and French.

 

No. of Assets and Expiry time 13/20

The total number of assets is 65 which include 17 trade stocks, 15 currencies, 6 commodities and 27 indices (Update- up to 109 assets). As this is a new binary options broker, the expiry times is only one hour, one day and one week which is a real disappointment from this trading platform.

 

Commissions, Support and Effective return 5/20

Bloombex don’t charge any fees or commissions from traders when they first deposit or purchase options. Withdrawals are charged with at least 1% to 5% of all fees, depend on which withdrawal method is chosen. All withdrawals have a minimum of 100$. Bloombex support is only supported via email or fax number. Bloombex live chat is pretty mediocre; it took awhile to get a representative on line. The effective return is the average with a maximum of 75% In-The-Money. The Out-of-Money refund is between 1-10%.

 

Deposit, Payment and Bonus 9/20

A minimum deposit of $200 is required for Bloombex Options and the maximum per option is $1500, above average for minimum and below for max. The deposit methods which are accepted by this trading platform are PayPal, Money Bookers, Liberty Reserve, Credit or Debit Card and Wire Transfer as well. Withdrawals are generally available via the same methods with minimum fees applied. The bonuses quite vary from time to time and they are able to offer a 30% bonus on all their deposits.

 

Website Extra’s 9/20

Some of the extra features of the Bloombex website which needs to be taken into account are the Daily Market Review and the Expiry Rates which is regularly updated. The Demo Tutorial is quite helpful to beginners and the Trade Platform Link also helps to practice trading on the platform. Other than those, Bloombex has no special features, which makes them far behind most binary options brokers.

 

Bloombex Options Rating 51/100

Check out our recommended binary options brokers

 

GD Star Rating
loading...
GD Star Rating
loading...

12 Responses to “Bloombex Options”

  1. DougRH says:

    1- Are there ANY Binary Options brokers that you Do recommend that you don’t think are ripoffs and scams and that you DO recommend?
    2 – What are ‘Out of money option refund’ in Binary Options?

    GD Star Rating
    loading...
    GD Star Rating
    loading...
  2. Tracy says:

    I have big problems with Bloombex Options, everything started out fine I was trading and I found it to be easy untill it came time to withdraw MY money the site claims 24hr customer service BIG LIE I cant get anyone no response to emails I tried several different ways the fax number on the withdraw form went to someone else the fax contained all my important information and I cant get anyone on the phone…..do not use Bloombex

    GD Star Rating
    loading...
    GD Star Rating
    loading...
    • Noah says:

      Hi Tracy,

      The same goes for you. T, (the commenter below) and I have made proper contact and have sorted out the misunderstanding. They are very satisfied with our assistance.

      I’m sure T would be happy to confirm my statment.

      Please contact us via the correct available channels.
      We’re always here to answer any inquiries Tracy.

      Sincerely,

      Noah

      GD Star Rating
      loading...
      GD Star Rating
      loading...
  3. T says:

    Yeah the affiliate program is horrible they wont/dont even answer you or tell you how things should go.

    GD Star Rating
    loading...
    GD Star Rating
    loading...
    • Noah says:

      Hi T, I’m the Senior Affiliate Manager at Bloombex-Options. I don’t know why you would claim such a thing here, but I’d be happy to assist if you contact us properly via email, skype, chat or telephone.

      GD Star Rating
      loading...
      GD Star Rating
      loading...
  4. Noah says:

    Hi Tracy,

    The same goes for you. T (the comment below) and I have made proper contact and have sorted out the misunderstanding.

    I’m sure T would be happy to confirm my statment.

    Please contact us via the correct available channels.
    We’re always here to assist in any way we can Tracy.

    Sincerely,

    Noah

    GD Star Rating
    loading...
    GD Star Rating
    loading...
  5. Anand says:

    Bloombex is definitely a number one scam..

    Ive deposited $10000 dollars and they appointed a manager for my ac.

    when i try to withdraw there comes their true colours. They blocked my ac for more than a week and do research with my ac and they get the bonus as their weapon and they ve deducted everything and they asked me to trade with a sum of $2000 dollars to $300,000 dollars of trade which is logically impossible.

    So i just stayed away from this by lossing my $10000 to them.

    so people who ever wanted to join them, if you got millions of money and do not know what to do and just want to spend money for fun, then go with this.

    Otherwise im begging to those who got a thought to invest this platform, m telling you guys,..this platform simply fucked up.

    they try their best to swallow your moneys ive tried few platforms and this platform is the worsest ever..

    Pls do not deposit with this bloombex.

    GD Star Rating
    loading...
    GD Star Rating
    loading...
    • Noah says:

      Anand, please tell the truth. You received your funds as you requested. We have the proof if anyone here wants to see for themselves. The fact you lost a few trades does not make us a “scam”. We do our best to keep our clients happy and satisfied. Please contact us if you have any further disputes instead of trying to smear our good name online for no good reason.

      GD Star Rating
      loading...
      GD Star Rating
      loading...
  6. Dannie Blaine says:

    I have opened an account in Bloombex and I think my trading is doing really well. I started with a $300 deposit and right now as I checked I noticed that I already have $635 in my account after a couple of months of trading with them. I know that the profit they offer is not even high compared to other binary options but I am happy on how account advisers handled my account even if I made a really small investment. I think I will be investing with them in the future.

    GD Star Rating
    loading...
    GD Star Rating
    loading...
    • Noah says:

      Dannie, thank you for the positive feedback. It’s funny that although we are marked “not trusted” by this site, if you take the time to actually read our review, it’s not bad at all! I tried to rectify our trustworthiness here but it costs too much lol. People shouldn’t believe everything they read online.

      GD Star Rating
      loading...
      GD Star Rating
      loading...
  7. Bill says:

    have found several instances of what can only be manipulation of price data opening a put or a call the current price is not always accurate to the current price even to the point that if you open a second window to the same data in another session to the same platform the numbers can be quite different from identical charts at the same time, I have captured several screen shots where the charts have been completely different by quite a few points then adjusted back during the open trade so you loose interesting that adjustment does not occur on the other open window to the same data where there was no trade placed, there is either a problem in the platform or the platform manipulates the price to increase the likely hood of loss.

    GD Star Rating
    loading...
    GD Star Rating
    loading...
    • Noah says:

      Bill, it is impossible for us to “manipulate price data” when we’re getting our live feeds from Thomas Reuters and are a SpotOption brand. Maybe some other brokers that have their own in-house developed platforms do what you claim but we cannot even if we wanted to (which we don’t). Please forward us the screenshots and our Technical team will look into it to check for any issues. If there were discrepancies, your account will be credited for those trades. I’m sure if you profited you would want to keep those profits regardless of any technical issue?

      GD Star Rating
      loading...
      GD Star Rating
      loading...
Pages:
 
 
Help our community by sharing, leaving comments or complaints

 

*