bluelakeinvestment.net is a CFD broker website with a domain registered on August 1, 2023. The broker primarily provides investment services in forex, digital currencies, precious metals, commodities, and funds to retail and institutional clients. It does not offer services to countries and regions where doing so may violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on bluelakeinvestment.net shows that the company entity is Bluelake Investment LTD, and its services are regulated by financial authorities under UK jurisdiction. However, the website's terms of service state that "any litigation arising from these terms shall be conducted in the courts located in New Zealand, and only in New Zealand courts." Additionally, clicking "Legal" at the bottom of the official website redirects to the New Zealand company registry, showing the registered company as BLUE LAKE INVESTMENT (NZ) LIMITED with registration number 5935667.
Upon verification, the UK Companies House found a company with the same name, BLUELAKE INVESTMENTS LIMITED, but this company is not regulated by the Financial Conduct Authority (FCA) and there is no evidence linking the two entities. Furthermore, the New Zealand Financial Service Providers Register has no record of BLUE LAKE INVESTMENT (NZ) LIMITED.
Hence, bluelakeinvestment.net is essentially a scam broker website, lacking any regulatory oversight.
Account Opening Process
To open a trading account with bluelakeinvestment.net: visit the broker's official website, click "REGISTER NOW" on the homepage or "Join Now" at the top right corner to enter the account registration page. Fill in the required personal information such as your name and email address, set a login password, and submit. After verifying the account, registration will be successful.
Investment Plans
bluelakeinvestment.net offers users five investment plans: Basic Plan, Expert Plan, Elite Plan, Platinum Plan, and Partnership Plan.
Basic Plan:
- Trading Period: 9 days
- Minimum Deposit: $50
- Maximum Deposit: $999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Weekly Return Rate: 2.5%
Expert Plan:
- Trading Period: 9 days
- Minimum Deposit: $1,000
- Maximum Deposit: $9,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Weekly Return Rate: 3%
Elite Plan:
- Trading Period: 9 days
- Minimum Deposit: $10,000
- Maximum Deposit: $19,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Weekly Return Rate: 4.5%
Platinum Plan:
- Trading Period: 9 days
- Minimum Deposit: $20,000
- Maximum Deposit: $50,000
- Referral Bonus: 20%
- Enhanced Security
- 24/7 Dedicated Support
- Weekly Return Rate: 10.5%
Partnership Plan:
- Minimum Deposit: $51,000
- Maximum Deposit: No limit
Trading Platform
bluelakeinvestment.net offers users a self-developed trading platform, but it is only available on the web, with no detailed description provided.
Deposits and Withdrawals
bluelakeinvestment.net supports deposits and withdrawals via multiple cryptocurrencies.
Summary
Traderknows reminds investors that bluelakeinvestment.net is a scam broker luring investors with promises of high returns but is actually unregulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.