Please Note! The Platform URL Cannot Be Opened Temporarily For Unknown Reasons. The URL Is: Https://blazemarkets.com/
Company Profile
Blaze Markets Is A Forex And CFD Broker Registered In Saint Vincent And The Grenadines With An Operating Address In Florida, USA. The Company Was Registered In 2020. Blaze Markets Gives Clients Access To A Vast Global Financial Marekt Including Forex, Metals, Indices And Cryptocurrencies, Two Different Types Of Trading Accounts And Leverage Up To 1:200. This Broker Is Known For Using The MetaTrader 4 (mt4) Trading Platform And Offers Traders A Variety Of Trading Tools.
Pros And Cons
Blaze Markets Offers A Range Of Trading Tools, Competitive Spreads And Commissions, And An Industry-leading Mt4 Trading Platform. They Also Offer A Variety Of Trading Tools To Support Their Clients.
Advantages
- Wide Range Of Trading Tools
- Segregated Bank Accounts
- Low Minimum Deposit Requirements
- MT4 Trading Platform On Multiple Devices
- Multiple Trading Calculators
- Responsive Customer Support Through Multiple Channels
- No Valid Regulatory Clearance
- Does Not Accept Clients From The US, Iraq, Sudan, Syria And North Korea
- Limited Funding Options >
- Without A Valid Regulatory License
Is Blaze Markets Safe?
Blaze Markets Says To Offer Segregated Bank Accounts. However, The Fact That Blaze Markets Does Not Hold A Valid Regulatory License Raises Concerns About The Legitimacy And Safety Of The Broker. Segregated Bank Accounts Are A Common Practice In The Industry, But They Do Not Guarantee The Safety Of Funds If The Broker Itself Is Not Creditworthy Or Unregulated. Therefore, It Is Recommended To Proceed With Caution And Conduct Thorough Research Before Considering Blaze Markets As A Potential Trading Platform.
Market Tools
Blaze Markets Offers More Than 120 Trading Instruments, Including Forex, CFDs, And Cryptocurrencies. Clients Of Standard Accounts Can Trade Forex, Metals, And Indices, While Clients Of ECN Accounts Can Trade Forex, Metals, Indices, And Cryptocurrencies.
Account
There Are Two Types Of Trading Accounts To Choose From: Standard And Pro. For A Basic Account, You Need To Enter $100, While Pro Account Users Need To Put In $250 To Get Started. Free Demo Accounts Are Also Available. If You Need A Swap-free Account, Write To [email protected].
Leverage
Speaking Of Leverage, Blaze Markets Offers Its Clients Access To 1:200, Well Above What Many Regulators See As Appropriate, With Maximum Leverage In Major Currencies As High As 1:30 In Europe And Australia And As High As 1:50 In The United States And Canada.
Since Leverage Is Both Beneficial And Risky For The Trader, It Is Up To The Individual Trader To Decide How Much Leverage They Wish To Use In Their Trading. However, Traders With Less Experience And Knowledge Should Be Cautious When Using High Leverage As It Can Lead To Significant Losses. If You Are Just Starting Out In The Field Of Trading, It Is Better To Stick To A Smaller Ratio (no More Than 1:10).
Spreads And Commissions
Blaze Markets Has Variable Spreads And Commissions. The Specific Amount Depends On The Account Type And Trading Instrument. This Standard Account Has A Starting Spread Of 1 Pip But No Commission, While The Professional Account Has A Starting Spread Of 0.0 Pips And A Commission Of $4 Per Lot.
Trading Platform
Blaze Markets Offers The Popular Meta Trader 4 (MT4) Trading Platform, Known For Its Advanced Charting Tools, Customizable Interface And Automated Trading Features. The Platform Can Be Downloaded For Windows, Android And IOS Devices At The Following URL, Allowing Traders To Access Their Account And Trade From Anywhere With An Internet Connection.
Trading Tools
In Addition To The Trading Platform, Here Are Some Trading Tools To Make Your Trading Journey Smoother. These Trading Tools Mainly Include Calculators Including Point Calculators, Margin Calculators, Profit Calculators, Pivot Calculators And Fibonacci Calculators, Forex Market Time, Heat Chart Analysis, Economic Calendar, And Also Market Profiles And Data. These Tools Can Help Traders Make Informed Decisions And Manage Their Trades Effectively.
Client Server
If You Have Any Questions Or Transaction-related Questions, You Can Contact The Broker 24/5 Via The Following Contact Channels:
Phone Email: + 1-646-873-6888
Email: [email protected]
Registered Address: Suite 305, Griffith Corporate Centre, Beachmont, POBox 1510, Kingstown, Saint Vincent And The Grenadines
Operating Address: 301, W Atlantic Avenue, #05, Delray Beach, Florida , USA
Or You Can Follow The Broker On Some Social Networks Including Twitter, Facebook, LinkedIn And Instagram.
Conclusion
In General, Blaze Markets Is An Offshore Broker That Offers Forex, CFDs And Cryptocurrency Trading Services. Although They Offer A Wide Range Of Trading Tools And Leverage Up To 1:200, As Well As The Popular Mt4 Platform And Various Trading Tools, Their Lack Of Effective Regulatory Licensing Can Raise Concerns About The Safety Of Client Funds. Trading Fees Are Relatively Low, But Overnight Swap Fees Can Add Significant Costs. In General, Traders Should Carefully Consider The Risks And Benefits Before Choosing A Trade.
