Blaze Markets is a legally registered forex broker located in Saint Vincent and the Grenadines, but not regulated by any government agency.
Blaze Markets accepts clients from all over the world, excluding USA, Iraq, Sudan, Syria and North Korea.
Forex broker offers the following underlying assets for trading.
45+ Currency Pairs | Based on major and minor world currencies. |
20+ Crypto Pairs | Based on Bitcoin, Bitcoin Cash, Cardano, BNB, Dogecoin, Polkadot, Dash, EOS, Ethereum, Chainlink, Litecoin, Theta, Tron, Uniswap, Vechain, Namecoin, Stellat, Monero, Ripple, Tezos. |
20+ Indice CFDs | Based on baskets of different blue-chip stocks, US Dollar Index and Volatility Index. |
7 Metal CFDs | Based on Gold, Silver, Platinum, Palladium, Aluminium, Zinc, Copper. |
3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
7 Soft CFDs | Based on Soybean, Wheat, Cocoa, Coffee, Corn, Cotton, Sugar. |
2 Bond CFDs | Based on US and German government securities. |
20+ Stock CFDs | Based on shares of leading US companies. |
Established in 2022, Blaze Markets is an offshore and unregulated forex broker registered in Saint Vincent and the Grenadines. The broker serves clients in most countries except the US and certain sanctioned countries, and offers a very broad range of trading instruments.
A nice thing to note about Blaze Market is the many free trading tools it offers its clients. This includes various trading calculators, including pip, profit, and margin calculators. And for those looking for help with their trading strategies, the broker also has special tools designed to calculate pivot points in charts, as well as a Fibonacci calculator to determine relevant support and resistance zones.
In terms of trading instruments, Blaze Markets should have most traders covered, with a large range of asset classes offered. First of all, forex & CFD traders can enjoy access to more than 45 popular forex pairs, CFDs on more than 20 different stock indices, as well as CFDs on various commodities, government bonds, and stocks of major US companies.
In addition to all of the traditional assets offered, Blaze Markets also has a pretty strong offering for crypto traders, with over 20 crypto pairs available. This includes not only major coins and tokens like Bitcoin (BTC), Ethereum (ETH), and BNB, but also small-cap tokens like THETA, Namecoin (NMC), Tezos (XTZ), and many others.
All of the instruments offered by Blaze Markets can be traded on MetaTrader 4 (MT4), which is the only platform supported by this broker. As usual, MT4 is available in the standard downloadable version for Windows computers, as well as in mobile versions for Apple and Android smartphones.
There are two types of trading accounts offered by Blaze Markets; Standard and Pro. Among these, the Standard account comes with a minimum deposit of $100, spreads from 1 pip, and commission-free trading, while the Pro account comes with a minimum deposit of $250, spreads from 0 pips, and commissions of between $4 and $8.
It’s worth noting that both account types charge a commission of $0.2% for crypto trades.
In addition to the two already-mentioned account types, swap-free Islamic accounts are also available upon request.
The funding methods that are accepted by Blaze Markets include Bitcoin, credit cards like Visa and MasterCard, and bank wire transfer. For Bitcoin transfers, the minimum deposit is just $10, while $100 or more is needed to make a bank wire or credit card deposit.
To reach Blaze Markets’ customer support, clients can call its UK phone number or send an email. Unlike most other brokers, Blaze Markets does not have a live chat function with customer support available on its website, which is a bit unfortunate.
All in all, we believe Blaze Markets is a new broker that is worthy of keeping an eye on. It is perhaps especially interesting for stock and crypto traders, given the large selection of both of these asset classes. It is also great to see that the broker allows users to easily deposit funds using Bitcoin, which lowers transaction costs and improves privacy for everyone involved.
As a final note, it should be reiterated that this broker is based offshore in a country that does not regulate forex brokers. As such, it could be difficult to get the help that is needed in case something happens with the broker. As always, we advise traders to do their own due diligence before depositing money with any broker to avoid these unfortunate situations.
The MT4 platform provided by Blaze Markets is user-friendly and robust. Setting up my account was straightforward, and the customer support team was responsive when I had questions about leverage options. The Standard Account suits my needs, with zero commissions on Forex trades.
Deposits and withdrawals via cryptocurrencies are seamless and processed quickly.
Tight spreads, especially on their Pro account. The execution is fast, and I haven't experienced any significant slippage. The platform is user-friendly, and I appreciate the range of trading instruments available.
Blaze Markets is a solid broker with tight spreads and fast execution. Recommend.
Good broker with tight spreads and fast execution. Customer service was quick to help me when I had a question. So far, Blaze Markets has been a reliable trading partner.
The variety of deposit options available at BlazeMarkets is very convenient. I can choose to deposit using cryptocurrencies like Bitcoin and Ethereum or fiat methods like wire transfer and credit cards.
Blaze markets offers tight spreads and rapid execution speed. This combination is perfect for my trading style, as it allows me to take advantage of market opportunities quickly and efficiently.
Security of funds is a top priority at Blaze. Client funds are kept in segregated accounts, ensuring their safety and security. This gives me peace of mind knowing that my investments are well-protected.
This broker is perfect for crypto trading and EA.
+ Pro account conditions
+ Crypto pairs, majors
+ Competitive spreads
+ Fast crypto deposits and withdrawals
+ MT4 platform
+ Registration and verification was quick, took about an hour
I'm new to trading and BlazeMarkets made it easy to start. The account setup was fast and smooth. I trade on the Standard account, and the spreads are reasonable.
Good customer service. When I started verification of my account, I had a problem uploading my ID. I contacted their customer support and they resolved my issue within a few minutes.
Running EAs with BlazeMarkets. No problems so far. I use pro account for that and hold up to 10K funds there. For me it's a reliable broker.
Perfect for crypto trading. I use the Pro account and trade various cryptocurrencies like BTC/USD. The spreads are competitive, and I love that they accept crypto deposits and withdrawals.
Pro account looks excellent for news trading. The spreads are consistently tight. Extremely low commissions per 1 lot. Fast execution. Great broker.
Since moving to Blaze my scalping profitability has increased, because of their much lower commissions. Nice.
I like that I am able to withdraw my funds, without any issues or questions asked. I've processed over 45 withdrawals this year.
My EAs work like a dream with Blaze Markets' excellent trading connections. No missed orders, just a machine!
This broker does not boast any flashy special features, but its platform operates fast. This allows for active trading and positions in a medium-term trading system. In my two years with Blaze, it's proven itself quite reliable. I have not encountered any major issues, making it a dependable choice for traders seeking efficiency and consistency.
Currently, I'm content with everything. Trading conditions are solid, and the platform runs smoothly. Plus, no unexpected surprises during trades.
All the assets I need are available on their mt4. Also, orders are executed swiftly without any issues. I give 5 stars.
Good trading conditions across all assets. Crypto deposit and withdrawals are accepted. Overall, I recommend Blaze Markets for those looking for a transparent broker.
The blaze markets dashboard has minimal clutter, easy to use. It's straightforward and user friendly. The simplicity in design enhances the overall experience, allowing me to focus on what matters.
Opening an account with Blaze Markets was quite fast, just a quick 4-step process, and I was ready to trade. The trading conditions are stable, and the spreads are thin.
The combination of low spreads on forex and indices and minimal commissions on the ECN account makes scalping cost-effective with Blaze for me.
One of the reasons I trust Blaze Markets is because of the minimal slippage I've experienced so far. Even during volatile market conditions, the accuracy in trade execution has been good, reducing the impact of slippage on my trades. Undoubtedly, during high impact news events the slippage occures, but on an overal scale - it's minimal.
User-friendly and consistently up-to-date. It makes trading easy, putting the right tools at my fingertips.
Blaze is an affordable ECN broker with commissions at only $4/lot – one of the cheapest I've found. Execution is also quite fast.
After much trial and error, I found Blaze Markets. I rely solely on automated trading bots, and execution speed is crucial for EA performance. Blaze's demo was fast when I tried it. The execution speed is quite fast. Excited to see how my EA perfoms in 2024 with this fast execution.
Five stars for Blaze Markets. Support is highly informative. Funding is seamless. Best part? Quick withdrawals. Two thumbs up for Blaze!
One month with Blaze Markets. Services are above average. No noticeable issues with execution, but lacking standout features for a wow factor.
Sometimes it seems to me that this broker has no flaws. Don't get me wrong, but I haven't had any issues with them for 2 years.
Having previously worked with another brokerage - I do have an understanding of what to look for. My experience with Blazemarkets over the past two weeks has been decent. Although there's limited educational support, which makes it challenging for newcomers, their trading conditions, from execution quality to raw spreads, are on par with institutional standards, which is appealing to more experienced traders like myself.
Very unsatisfied, broker with awful execution.