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Blaze Markets

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Blaze Markets is an offshore forex broker that claims to be regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. However, there is no evidence that they are actually regulated by this authority. Blaze Markets has also been accused of scamming investors and disappearing with their funds.

Operating status: SCAM

Website: https://blazemarkets.com/

Broker violations and abnormal records
  • 2025-08-27 BrokersView has found that Blaze Markets appears to be a scam

    Blaze Markets claims on its website that it is regulated by the MWALI International Services Authority (MISA); however, BrokersView's verification revealed that the company's MISA license is no longer verifiable. Furthermore, it claims to be registered in St. Vincent. While this registration has been confirmed, the registration with the Financial Services Authority (FSA) of St. Vincent and the Grenadines only confirms it as an International Business Company (IBC) and does not constitute a regulatory forex license. The FSA of St. Vincent and the Grenadines does not regulate forex activities. Therefore, Blaze Markets is currently unregulated and may present a high risk of fraud.

     

    Blaze Markets claims on its website that it is regulated by the MWALI International Services Authority (MISA); however, BrokersView's verification revealed that the company's MISA license is no longer verifiable. Furthermore, it claims to be registered in St. Vincent. While this registration has been confirmed, the registration with the Financial Services Authority (FSA) of St. Vincent and the Grenadines only confirms it as an International Business Company (IBC) and does not constitute a regulatory forex license. The FSA of St. Vincent and the Grenadines does not regulate forex activities. Therefore, Blaze Markets is currently unregulated and may present a high risk of fraud.

Related Complaints

Q&A

Does Blaze Markets offer referral bonuses? How many?

Abdul Samad
Canada
2023-12-14
ANSWER It appears that Blaze Markets may not offer referral bonuses, as we were unable to find any relevant information on their website. However, they do have an Introducing Broker program that allows individuals to earn commissions. For the most accurate information regarding bonuses, we recommend contacting their customer service department. Please find the contact information in the attached screenshot.
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49 comments

WMKY2018V5
Blaze Markets is hands down one of the best brokers I've ever used! I've been trading forex for years and it's rare to find such tight spreads and fast execution combined with great customer service. Everything about this broker has been on point for me. I'm genuinely excited to keep trading with them, because they've made the whole process so enjoyable and profitable.
2025-11-29
Reply
83QLYN159W
Needed help with leverage setup and got it within minutes through email.
2025-11-22
Reply
LucasMor
Never get any major slippage even when volatility hitsFast withdrawalsGood so far. Recommend that broker
2025-10-30
Reply
EmmaSchneider
first withdrawal went without any issues. no hidden fees
2025-10-29
Reply
Soerto
Had an issue, but support sorted it out quickly - great service.
2025-09-29
Reply
Karol45
my chat with their support was friendly and straight to the point
2025-09-25
Reply
Mick van Allemanie
patient support - they walked me through everything I asked
2025-08-27
Reply
Liam Bastin
The trading platform is stable and runs smoothly, even on my old laptop. No glitches so far.
2025-08-23
Reply
Ingo Urban
trades execute almost instantly. its impressive how quick orders go through.
2025-08-22
Reply
Ujwal Bhavsar
I've been scalping in the forex market for a while, so finding a broker that accommodates my fast-paced strategy was critical. When I came across Blaze Markets, I was immediately drawn by their promise of lightning-fast execution and raw spreads. I decided to give them a shot specifically because they advertised being friendly to scalpers with no trading restrictions.In practice, Blaze has lived up to the hype for my scalping. My orders are executed in milliseconds, and I haven't experienced any noticeable slippage even during volatile times. The spreads on major pairs are as low as 0.0 pips on my Pro account, which keeps my trading costs minimal. Importantly, they've placed no limits on my strategy - I can open and close many trades per minute without any issues. It's been the ideal environment for a high-frequency trader like me, and I'm extremely pleased with the results so far.
2025-07-25
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1-10 of 49 comments

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