✔️ Information reviewed and updated in December 2023 by Pedro Martínez González

In this section we will tell you why You should NOT invest in Grupo Black. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Grupo Black and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitebmgroup.co | blackmarketsfund.com | groupblack.co | blackbm.com
🏠 CompanyBlack Background Group
Regulationnot regulated
📧 Email[email protected]
📈 Leadingown platform
📌 Addressunknown

⚠️ Grupo Black is owned by Grupo Black Fondo, the company does not mention where it is located, dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unreliable place, be careful. ⚠️

Account types

Now we are going to analyze the types of accounts that Grupo Black offers, in this case, we observe that it does not offer types of accounts.

Information on the web

Black Group website

Grupo Black provides an explanation about the services it offers, news, FAQ section, not much more than this.

List of phone numbers

  • So far the company does not offer phone numbers.

🚫 Final valuation of Grupo Black 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Grupo Black.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Video review of Grupo Black


News about Grupo Black:

Date Update – news
August 2022We receive a large number of messages from Grupo Black clients who claim they cannot withdraw their capital.

User Reviews

What do you think of Black Group? What has been your experience?

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Grupo Black.

At the end of the review you will find customer comments.

How to Claim Money Scammed by Grupo Black

How to Report Grupo Black


How can I report Grupo Black?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Grupo Black a scam – is it a scam?

Yes. We believe that Grupo Black is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Grupo Black trustworthy?

No. Grupo Black is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Grupo Black?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there alternatives (recommended) to Grupo Black?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

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About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

45 comments on «Is Grupo Black a scam? 2023 Reviews»

  1. Benito Garza Reply

    Hello everyone, I was a victim of these scammers, I invested $679,000.00 dollars, the first 6 months they were sending me money, but when I wanted to withdraw a large amount they blocked me and the money never arrived, they seriously broke me, please help me get my money back , it was almost $700,000 dollars

    • Recommended-brokers.com Reply

      Hello Benito, You must recover your money, talk to the CHAT on this website or fill out the form and they will contact you to assess your case and recover your money. They never return the money, thanks for your comment about Grupo Black (also called Black Markets). This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY, WE HELP YOU.


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