Basic Information
Registered Region 
Costa Rica
Costa RicaOperating Period
1-2 years
Company Name
Blue Whale Markets S.R.L
Customer Service Email Address
support@bluewhalemarkets.com
Contact Number
+522295584242
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
/10
Blue Whale Markets
Costa Rica
|
1-2 years
|
ECN Account
Suspicious Regulatory License
|
MT5 Full License
|
Regional Brokers
|
High potential risk
https://www.bluewhalemarkets.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
BlueWhaleMarkets-Server
Luxembourg
2
Influence
C
Influence index NO.1
United States 3.34MT4/5 Identification
MT4/5 Identification
Full License
2
Server Name
BlueWhaleMarkets-Server MT5
Server Location Luxembourg
LuxembourgInfluence
Influence
C
Influence index NO.1
United States 3.34Surpassed 18.30% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+52 229 558 4242
support@bluewhalemarkets.com
https://www.bluewhalemarkets.com/
Province 04 Heredia, San Francisco, Santa Cecilia, Costa Rica
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:400
- SupportedEA
- Minimum Deposit$10,000
- Minimum Spreadfrom 0.4
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- Products--
Updated：
MT4/5
Full License MT5
0
MT4 Servers
1
MT5 Servers
199.50
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 5
Perfect
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- 64.23.192.131Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
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.
Keywords
- 1-2 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
Wiki Q&A
x1250 
1-2 years
What demo account does Blue Whale Markets offer?
Blue Whale Markets does not offer a demo account for practice or risk-free trading.
Broker Issues
Platform
Account
Instruments
Leverage
07-09
United States
ritzyshona
1-2 years
Is Blue Whale Markets a regulated broker?
Blue Whale Markets operates without regulatory oversight, which means it does not hold licenses from institutions like the FCA, ASIC, or NFA.
Broker Issues
Regulation
07-08
United States
Mansuber007
1-2 years
Are there commissions?
Standard and Prime accounts are commission-free. ECN accounts involve commissions, but the broker does not disclose the exact rate.
Broker Issues
Fees and Spreads
06-16
United States
seejay
1-2 years
What trading instruments are available on Blue Whale Markets?
Traders can access forex pairs, commodities, cryptocurrencies, indices, CFDs, and stocks. ETFs, bonds, and mutual funds are not available.
Broker Issues
Instruments
Platform
Leverage
Account
06-06
United States
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