✔️ Information reviewed and updated in April 2024 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
Regulatorynot regulated
📧 Email[email protected]
📈 Leadingown platform
📌 Directionunknown

⚠️ 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

Updates

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

[democracy id = ”1292 ″]

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

FAQs

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.

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. nephew Reply

    They must be reported online and to the police as scammers. Any former worker who can give us the location of these thief dogs? Please, they have stolen all my savings, I request information to find them and go to the police.

    We need some internal collaborator, employee or former employee of the company.

    • Recommended-brokers.com Reply

      Hello Nefe, we must file more complaints from those affected so that the police can pursue them, we know that they are already after them. They never return the money, thank you for your comment about Grupo Black (also called Black Markets). This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from 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.

      Greetings.

  2. Alejandro Reply

    I fell into this state for 1000us.
    If anyone can recommend me what are the most feasible means to report them and see if we can somehow stop this group of scammers!

    • Recommended-brokers.com Reply

      Hello Alejandro, we must file more complaints from those affected so that the police can pursue them, we know that they are already after them. They never return the money, thank you for your comment about Grupo Black (also called Black Markets). This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from 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.

      Greetings.

  3. leandro Reply

    Hello, today October 23, 2022...the page of these scammers on Insta continues to work, as well as their website. I already reported them but they don't close it, and I see that they make publications where many people ask for information... (they keep falling).. they scammed me out of 300usd... with the same methodology... they offer you a 20% profit on a Crypto fund and then when you want to withdraw they no longer answer you… SCAMMERS!!!

    • Recommended-brokers.com Reply

      Hello leandro, more complaints must be filed by those affected so that the police can pursue them, we know that they are already after them. They never return the money, thank you for your comment about Grupo Black (also called Black Markets). This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from 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.

      Greetings.

  4. Jose Polonio Andatio Reply

    Be very careful with Grupoblack _b, they are scammers, they never return your money and after a while of insisting, they block any page you are on, so be very careful when investing with those rat balls.

    • Recommended-brokers.com Reply

      Hello Jose, they never return the money, thank you for your comment about Grupo Black (also called Black Markets). This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from 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.

      Greetings.

  5. Camilo Reply

    I am from Medellín, I invested 350usd and it went up to 450usd, for a month I requested a withdrawal of 250usd and nothing has arrived, from writing so much because they did not respond to me they blocked me from social networks, HDP I am another one who fell into that network of bastards, if anyone has a group to hunt them I'll join.

    • Recommended-brokers.com Reply

      Hello Camilo, they never return the money, thank you for your comment about Grupo Black (also called Black Markets). This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from 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.

      Greetings.

  6. Uriel Alejandro Padilla Orozco Reply

    I always send them a message on WhatsApp and they never respond to me, the same on Instagram and they always leave me in status, they don't give me a response, it tells me that my withdrawal is in validation, I'm desperate, I want to get my money back 😢

    • Recommended-brokers.com Reply

      Hello Uriel, thank you for your comment about Grupo Black (also called Black Markets). This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from 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.

      Greetings.

    • Recommended-brokers.com Reply

      Hello Andrés, thank you for your comment about Grupo Black (also called Black Markets). This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from 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.

      Greetings.

  7. Juan Alberto R. Reply

    They managed to deceive and defraud me, I didn't count on the luck of my partner... I trusted everything they told me and they scared me for every last peso. I investigated how to recover the lost money and the company they say here helped me, it was months of anguish until I was able to recover what is rightfully mine. Thank God I was able to recover from the clutches of these bastards.

    • Recommended-brokers.com Reply

      Hello Juan Alberto R, FANTASTIC!!!, how happy you give us, one more who has achieved it, from now on if you decide to invest, investigate the brokers before passing the card, on our website you will find them all, read the review and the comments you find.

      If you have been affected by the same scam, you already know the way to recovery, contact CHAT or click here:
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      If you are looking for our recommendations click HERE

      Greetings and good luck.

  8. Victor Reply

    I came here to investigate first about that fund and when I told them that they were fake they blocked me hahaha in this life everything is paid for my people

    • Recommended-brokers.com Reply

      Hello Victor, sooner or later they will fall.

      Greetings.

  9. Victor Reply

    I came here to investigate first about that fund and when I told them that they were fake they blocked me hahaha in this life everything is paid for, gentlemen.

    • Recommended-brokers.com Reply

      Hello Victor, we are glad to have been of help, I hope we save many more people and that they do not fall for this scam.

      Greetings.

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