Blackcore

Note: Blackcore's Official Website: Https://blackcorerb.com/is Currently Unavailable.

Headquartered In Mauritius, Blackcore Is An Unregulated Brokerage That Offers Multiple Live Account Types And More Than 450 Traded Assets. The Platform Supports Deposits Via Bank Transfer, MasterCard Or Visa. Despite Its Wide Asset Selection And Multiple Deposit Options, There Are Reports Of Withdrawal Difficulties, Fraud And Significant Slippage On Various Platforms.

Pros:

Wide Selection Of Assets: Blackcore Offers A Diverse Selection Of Over 450 Traded Assets, Including Cryptocurrencies. This Diversity Allows Traders To Diversify Their Portfolios And Explore Different Investment Opportunities.

Multiple Account Types: The Platform Offers Five Different Real Account Options, Catering To Traders With Different Experience Levels And Trading Preferences.

MT4 Platform Available: Blackcore Supports Trading Through The Popular MT4 Platform, Which Is Known For Its Advanced Charting Tools, Technical Indicators, And Automated Trading Features.

Cons:

Unregulated: Blackcore Operates As An Unregulated Brokerage In Mauritius. The Lack Of Regulatory Oversight Compared To Regulated Brokers May Raise Concerns Among Traders Regarding Investor Protection And Transparency.

Reports Of Issues: Reports On External Platforms Regarding Issues Such As Withdrawal Difficulties, Which May Have A Potential Impact On The Trading Experience And Client Trust.

Unaccessible Websites: Some Users Have Reported Difficulties Accessing The Blackcore Website. This May Create Challenges For Account Management, Access To Information And Smooth Execution Of Trades

Is Blackcore Legitimate?

Blackcore Is Currently Operating Without Any Effective Regulatory Oversight, Which Means That There Is No Government Or Financial Institution Group Monitoring Its Activities. This Lack Of Regulation Greatly Increases The Risks Associated With Its Investments, As There Is No Guarantee Of Investor Protection Or Safety Of Funds. In Addition, The Lack Of Access To The Official Blackcore Website Raises Doubts About The Reliability And Transparency Of Its Trading Platform. An Inaccessible Website May Prevent Potential Customers From Accessing Important Information About The Company's Services, Fees And Trading Conditions, Which Is Essential For Making Informed Investment Decisions. These Issues, Combined With The Lack Of Regulatory Oversight, Expose Investors Considering Blackcore To An Increased Overall Level Of Risk.

Market Tools

Blackcore Promotes Over 450 Assets Available For Trading, Including Options Such As Cryptocurrencies, Which Are Only Available To Pro Black And Master Account Holders.

Account Types

Blackcore Offers Five Real Account Types, Including Blackcore, Namely Basic-Academy, Pro, Pro Black, Master, And Family.

Basic-Academy Account: Tailored For Novice Traders Or Those Who Are Learning. Typically Includes Basic Features, Educational Resources, And Lower Trading Costs.

Pro Account: Suitable For Traders With Some Experience, It Offers Advanced Trading Tools, Tighter Spreads, Higher Leverage, And Additional Analytical Resources.

Pro Black Account: Designed For Experienced Traders And Professionals, It Offers Lower Spreads, An Enhanced Trading Platform, Priority Support, And Exclusive Market Analysis.

Master Account: For Advanced Traders And Large Investors, It Features The Tightest Spreads, The Highest Leverage Levels, A Dedicated Account Manager, And A Custom Trading Solution.

Family Account: Unique Service That Allows Multiple Account Holders, Such As Family Members Or Partners, To Trade Under One Consolidated Account. It Facilitates The Sharing Of Resources, The Transfer Of Funds, And A Coordinated Trading Strategy.

Leverage

Blackcore Offers Its Clients A Maximum Leverage Ratio Of 1:100, Which Allows Traders To Extend Their Market Exposure Beyond Their Initial Investment. Leverage Essentially Enables Traders To Control A Larger Position Size With Less Capital, Which Can Increase Potential Profits In A Favorable Market Move.

However, While Leverage Can Amplify Gains, It Also Significantly Increases The Level Of Risk. With A Leverage Ratio Of 1:100, Traders Face The Possibility Of Large Losses If The Market Is Unfavorable To Their Positions. This Increased Risk Is Due To The Fact That Losses Are Calculated Based On The Total Amount Of Leverage And Not Just The Initial Investment Amount.

Trading Platform

Blackcore Offers Its Clients The Popular MetaTrader 4 (MT4) Trading Platform, Known For Its Powerful Features And User-friendly Interface. MT4 Is Widely Recognized In The Financial Industry With A Comprehensive Range Of Tools.

The Platform Offers Advanced Charting Capabilities That Allow Users To Analyze Market Trends Using Various Technical Indicators And Charting Tools. This Allows Traders To Make Informed Decisions Based On Detailed Market Data And Historical Price Movements.

Additionally, MT4 Is Compatible With A Variety Of Devices, Including Desktops, Smartphones, And Tablets, Ensuring That Traders Can Access Their Accounts And Monitor Positions From Anywhere With An Internet Connection. This Flexibility Enhances The Platform's Accessibility And Convenience For Active Traders.

Deposits And Withdrawals