Company Summary
| Blue Whale Markets Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Costa Rica |
| Regulation | No regulation |
| Market Instruments | Stocks, indices, commodities, cryptocurrencies, currency pairs |
| Demo Account | / |
| Leverage | Up to 1:400 |
| Spread | From 1.5 pips (Standard account) |
| Trading Platform | MT5 |
| Minimum Deposit | $0 |
| Customer Support | 24/7 support, contact form |
| Tel: +52 229 558 4242 | |
| Email: support@bluewhalemarkets.com | |
Blue Whale Markets Information
Blue Whale Markets is an unregulated broker, offering trading on stocks, indices, commodities, cryptocurrencies and currency pairs with leverage up to 1:400 and variable spreads on tthe MT5 trading platform. The minimum deposit requirement is $0.
Pros and Cons
| Pros | Cons |
| Various trading markets | No regulation |
| Multiple account types | Limited payment options |
| MT5 platform | |
| No minimum deposit requirement | |
| 24/7 support |
Is Blue Whale Markets Legit?
No. Blue Whale Markets currently has no valid regulations. Please be aware of the risk!
What Can I Trade on Blue Whale Markets?
Blue Whale Markets offers trading on stocks, indices, commodities, cryptocurrencies and currency pairs.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Currency pairs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Spread
Here are three account types Blue Whale Markets offers:
| Account Type | Minimum Deposit | Spread |
| STANDARD | $0 | From 1.5 pips |
| PRIME | $1,000 | From 0.8 pips |
| ECN | $10,000 | From 0.4 pips |
Leverage
Blue Whale Markets offers maximum leverage at 1:400 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, web, mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Blue Whale Markets accepts payments via VISA, Mastercard and Bitcoin. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.
Cristian Ardila Hernández
United States
This broker and its CEO Octavio Pozos stole $10,000 from me. It's sad that there are people who are such liars and thieves. Don't trust this broker. Here's the proof.
Exposure
Juda Cruz
Mexico
Very good Broker really nothing to say 5 stars 😀
Positive
FX1212557564
Mexico
I was a bit skeptical about this Broker until I tried it and from the first trade it felt excellent, they have a banking platform which is a thousand times better than trading with any retell, which makes the experience much better and the operation clearer which is more beneficial for us users, the platform also has tradingview, it's like driving a formula 1 with cutting-edge technology, definitely another level
Positive
FX3619163769
Mexico
I have traded with Blue Whale Markets and my experience has been good. The platform works well, execution is stable, and support responds when you need it. The processes are clear and I haven't had any issues with the operations. Overall, it's a serious and compliant Broker for trading without complications.😎
Positive