Blammo Ltd, a purported financial services company, presents itself as a provider of various financial products and services, encompassing forex and CFD trading, asset management, investment advice, and wealth management. However, a notable red flag is the absence of regulatory oversight, a critical concern for traders prioritizing legitimacy and protections. Operating under the guise of a new digital asset bank founded in February 2019, Blammo seeks to offer uncomplicated and affordable crypto-financial products globally, concealing details about its physical office or founders.

While the presentation of Blammo’s website exudes professionalism and informativeness, the dearth of information regarding the company’s history, ownership, and management raises skepticism about the firm’s legitimacy and credibility.

Trading Instruments

Blammo Ltd extends its clientele access to an assortment of trading instruments across various asset classes, including forex, commodities, indices, and cryptocurrencies. A closer examination of the trading instruments provided by Blammo reveals the following:

• Forex: Blammo purports to offer a variety of currency pairs, including major, minor, and exotic pairs. Claiming to provide tight spreads and fast execution in a 24/5 forex trading envir