Bloombex Options Review

Bloombex Options Logo

Bloombex Options

Rating: 1.0/10
Bloombex Options Home Page Screenshot
Broker Bloombex Options
US Traders Accepted
Company Name Lembex Global Investments
Headquarters Singapore
Regulation No
Max Payout 75%
Out-of-Money Reward 5%
Trading Platform SpotOption
Deposit Options Credit/debit cards, CashU, wire transfer, Skrill, Paypal, Liberty Reserve
Deposit Currencies US Dollar, Euro
Minimum Deposit $200
Minimum Trade $100
Maximum Trade $1,000
Online Since 2009
Trading Instruments Forex, Commodities, Stocks, Indices
Number of Trading Instruments 65
Binary Option Types Call Option,Put Option, One Touch, Option Builder
Customer Support Types On-line chat service (not working), e-mail support (e-mails bounce back), telephone calls to their UK office, international fax
Education Offered Demo tutorial
Tools Offered Daily Market Review, Weekly Market Review
  • Credit card - 3.5% fee on withdrawals
  • CashU - no fee
  • PayPal - 3.4%+ SGD0.50 fee on withdrawals
  • Skrill - 3% fee on withdrawals
  • Liberty Reserve - 1% fee on withdrawals
  • Wire transfer - $15 fee on withdrawals
Languages English, French
Demo Account No

When someone logs on to the Bloombex website, the first thing can be noticeable will be their website’s speed, which is very slow. Moreover, if you will try to contact through their Online Chat, you are going to receive the message, “Sorry, we are not available now”, while they claim to offer 24-hour Live Chat Support. Things can be even worse when you will find your e-mail sent by you to their support team will bounce back to you. These are the key issues that critically raise questions about the reliability of Bloombex. An Options Broker’s support team should always remain accessible to its trader and when a trader will fail to reach them, he will think twice before doing business with them.

If an investor is not discouraged by these issues, he can surely be attracted by their platform SpotOption, which is reliable and well-known in the Options Trading sector. The platform is completely web-based and there is no need to download or install any software. Founded in 2009, Bloombex is headquartered in Singapore and they support two languages – English and French. They have several deposit and withdrawal modes. Interestingly, one can withdraw the money in the same mode in which he had deposited it.

Trading Choices

They have over 50 trading instruments with a potential of earning up to 75% on their regular binary options, while their OneTouch trading feature can allow you to earn up to 500% return. They allow opening an account with a minimum deposit of $200 and do not provide any demo account. The maximum trade size is $1500 while for a single option, it is only $1000. The OneTouch option seems to be a lucrative option to make money, however it is not exclusive to them and several other brokers also offer the same. The OneTouch allows investors to keep their positions open throughout the day so that one can achieve the intended payout.

Bonus & Earnings

Bloombex offers an average In-the-Money reward ranging between 65% and 75%, which is a fair earning opportunity for a successful trader. Moreover, they provide an average out-of-money reward guarantee of 1-5% which gives an indication that you barely save anything if you lose your money with them. It is something like they will take away your cash but will return your wallet for sure. As far as bonus is concerned, it is offered as a part of their promotional offers, from time to time. Their bonuses are generally limited time offers and there is hardly anyway to make sure that you are going to win a bonus from them. Moreover, they maintain a complex system of bonus withdrawal which many, at least small investors, will not find very friendly. If you wish to withdraw your full bonus amount, you need to execute a minimum trading volume of 30 times for every $1 bonus. On such a condition, hardly any investor will attempt to earn a bonus from them.

Technical Analysis

There is nothing unique or significant with Bloombex when it comes to providing technical analysis and tools to its traders. They provide Daily Market Review and Weekly Market Review to the traders so that one can assess the market movements. They also provide Expired Rates of the assets which can be very much relevant for someone who wants to use their OneTouch trading feature for making money. News by Yahoo Finance is an additional feature. However, it is again nothing something exceptional that an investor would be very excited about. Importantly, for the newbie investors, they could have offered better trading tools such as historical data and multi-directional charts. The unavailability of fine trading tools with them seems to be a major setback and can be a deterring factor for many new binary option trading enthusiasts.

Learning & Support

As mentioned above, they do not provide any demo account, but have a Demo Video tutorial explaining everything about opening an account with them and how to trade with them. Newbie traders can consult their Glossary section to learn more about Options Trading and also about their platform. Their FAQ page too is recommended to learn about Bloombex platform in detail and how to fund your account and how to start trading. But their support part seems to be horrible, as neither their Online Chat nor their e-mail seems working. The only sure option to get in touch with them could be to make calls to their UK phone number. They have their Head Office in Singapore but surprisingly, they haven’t given any phone contact of their Singapore Office. The Fax number given on their contact page is again a UK number.


There are several questions that point out why anyone would be interested in doing business with them. The major question revolves around their accessibility, as both the chat support and e-mail seem not working. Moreover, they have just one UK phone number to contact them. Secondly, they do not provide a demo account. They have kept their minimum deposit amount as $200, while there are so many brokers who allow account opening with as low as just $100. This is certainly a discouraging factor for newbie investors, no demo account and $200 minimum deposit. Besides, their bonus scheme could be a major deterring factor for many traders, which seems to be less promising and more difficult to attain. And above all, their out-of-money reward of 1-5% can force any trader to think whether he is going to get back something if he loses while trading with them. However, their One Touch trading feature may appear attractive to several investors, but again there are several other brokers in the industry, offering such a trading feature to their investors.

Bloombex Options, 2.6 out of 10 based on 5 ratings

Visit Bloombex Options →

13 Traders' Reviews

  1. John Coulombe reviewed Bloombex Options

    I like how Bloombex options provide support for new traders like me. I sign-up with them even if I knew from the start that they don’t provide a demo account. But that shortcoming doesn’t stop me from learning a few things about binary options. They do have Video Demo so you can watch how to trade binaries. You may even have helpful account managers that will help you understand the technical analysis they provide for you. All in all, Bloombex may not get a perfect 10 score from me, but I will recommend them to people who want to enjoy binary options trading.

  2. James R. Pardue reviewed Bloombex Options

    When are you going to act on my request to CLOSE my account AND return the remaining $74.00 to my Bank Account?
    James R. Pardue

  3. reviewed Bloombex Options

    Having withdrawal problems with these criminals. They have said my paperwork is in order but refuse to return my money. Many emails many chats. Do not use them!!

  4. reviewed Bloombex Options

    This is the absolute worst broker out of the 8 that I have tried. Jerry Miles, a pathetic account manager, gave me the run around for a month about a withdrawal I desperately needed with my own money that I traded myself and it has been one of the worst experiences I have ever had. For almost three weeks straight I spent two hours everyday trying to get an answer from Bloombex about a withdrawal I made and everyone kept saying email your account manager he will help, but it is hard to get your account manager when he ignores you completely. He cost me so much money when all was said and done and they honestly could care less about getting you back your money. If I could rate this 0 stars I would.
    If your are dumb enough to deposit here then at the very least avoid this guy named Jerry Miles.

  5. reviewed Bloombex Options

    I agree, these guys are liars and cheats. They ‘stole’ $106,000 (put in trades and 7 1/2 minutes into the trade they just disappeared off the screen.) Where is that money? No one will talk with me. Money is in the mail. Who governs these people? I guess they get away with all of this because they are not in the states. Don’t even talk about the charge card debt they are to take care of immediately. Everyone says you can trust me, I’ll take care of that for you sir, you are right your account is messed up, all talk!

  6. reviewed Bloombex Options

    Having withdrawal problems. I have been trying to take money out of the accou tand closing it afterward but these guys haven’t approve my request. It has been more than 3 months that i have submitted my request but no luck getting my money back. Please let me know if you can help. I deposited through paypal I am not sure if that helps. Thanks

    • Scarlett Hart reviewed Bloombex Options


      I’m the Customer Relations Manager at Bloombex Options.

      I would like to apologize for any inconvenience and disappointment that you have experienced in dealing with our services.

      I’m here to provide assistance with any issue that you might have.

      Please feel free to contact me at any time:


      Scarlett Hart

  7. Michael Tomkins reviewed Bloombex Options

    I listened to the video on auto trading and was very impressed. It said you can deposit £250 to start.
    I was forced to pay £2000 and they wanted to me to make it up to £10, 000 which i did not have.
    I wanted my money back but could not get any email back on this. Lots of junk email only.
    I went down to their office in London only to be told that they do not have authority to use that address.
    I do not know if I will ever get my money back.

    • Scarlett Hart reviewed Bloombex Options


      I’m the Customer Relations Manager at Bloombex Options.

      I would like to apologize for any inconvenience and disappointment that you have experienced in dealing with our services.

      I’m here to provide assistance with any issue that you might have.

      Please feel free to contact me at any time:


      Scarlett Hart

  8. Hassan reviewed Bloombex Options

    Bloombex Options Are Scam:
    Same way with me, I lost 120K Euro, my account balance is 0 and they change my password and robe me. No one are answer by Email or calls.
    I have all supported communications to prove that Bloombex Options Are Scam Broker.

  9. Richard Brudelie reviewed Bloombex Options

    I have given you guys about 6 months to get your CRAP together and make me some money, but I think you have been steeling all my money that I TRUSTED with you and HOPE the you would be HONEST and not STEEL it from me… I am glad I did not invest anymore then I did if you are steeling it… I should come over there and put people in JAIL or use a BASEBALL BAT to there HEAD…. My account is # 358766 If you where HONEST I would like my MONEY BACK $ 16,000.00 I trusted YOU….. Richard

  10. brendan reviewed Bloombex Options

    been trying to get money for 10 months they are scam site don’t go anywhere near them they are scum

Leave a Review


Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it. It is not recommended to base your investment decisions on any information presented on or originating from By browsing this website you express your acceptance of the terms of this disclaimer and that cannot be deemed responsible for any losses that may occur as a result of your binary option trading. is not licensed or registered as a financial consultant or adviser. is neither a broker, nor funds manager. The website does not provide any paid services. All content of is presented for educational or entertainment purposes only.

General Risk Warning: Trading in Binary Options carries a high level of risk and can result in the loss of your investment. As such, Binary Options may not be appropriate for you. You should not invest money that you cannot afford to lose. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk appetite. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to Binary Options or (b) any direct, indirect, special, consequential or incidental damages whatsoever. is compensated partially through the affiliate commission earned from some of the listed brokers.

© 2012–2018 Binary Trading.
0 0 0 0
Binary Trading