Blaze Markets Review 2025
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- SVGFSA
Our Evaluation of Blaze Markets
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Blaze Markets is a broker with higher-than-average risk and the TU Overall Score of 3.5 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Blaze Markets clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Blaze Markets offers various trading instruments and conditions suitable for different traders. While regulatory oversight is limited, the broker provides competitive trading conditions and user-friendly platforms.
Brief Look at Blaze Markets
Blaze Markets is an international broker registered in Saint Vincent and the Grenadines (registration number 26027 BC 2020). The broker offers three account types: Standard, Pro, and ECN. The minimum deposit to open an account is $100. Blaze Markets supports the MetaTrader 4 (MT4) platform, known for its functionality and popularity among traders. The company provides access to Forex, cryptocurrency, CFD, and stock markets. Blaze Markets focuses on offering reliable and user-friendly trading conditions, ensuring high order execution speed and competitive spreads.
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- The broker is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
- Offers a variety of trading instruments: Forex, cryptocurrencies, CFDs, and stocks.
- Competitive spreads start from 0 pips on the Pro account.
- Leverage is up to 1:200.
- MetaTrader 4 (MT4) trading platform is available for desktop, web, and mobile devices.
- Fast order execution: 30 milliseconds.
- Client support is available via email and phone.
- High minimum deposits for certain account types.
- Limited regulatory oversight compared to brokers in major financial centers.
TU Expert Advice
Financial expert and analyst at Traders Union
Blaze Markets is a broker that grants access to most standard trading instruments, including Forex, cryptocurrencies, CFDs, and stocks. Registered in Saint Vincent and the Grenadines under number 26027 BC 2020, the company is regulated by the FSA. The broker offers three account types: Standard, Pro, and ECN. The minimum deposit is $100 for a Standard account and $250 for a Pro account. Spreads on the Pro account start from 0 pips, and leverage can reach up to 1:200. Blaze Markets supports the MetaTrader 4 (MT4) trading platform, available for desktop, web, and mobile devices, providing traders with flexibility and convenience.
The broker offers over 120 trading instruments, including currency pairs, cryptocurrencies, and CFDs on metals and indices. Spreads start from 0 pips on the Pro account, and order execution time can be less than 30 milliseconds. Deposits and withdrawals can be made in both fiat currency and cryptocurrencies, providing additional flexibility. The trading conditions are ideal for scalping and the use of Expert Advisors (EAs) due to the minimal spreads.
However, Blaze Markets is regulated only by the FSA, which is not as stringent as regulators like the FCA or SEC. Opening a Pro account requires a minimum deposit of $250, which may be a barrier for some traders.
Blaze Markets provides its clients with favorable trading conditions, a wide range of trading instruments, and modern technology for successful financial market operations. Despite the limited regulatory oversight, the broker offers competitive spreads, fast order execution, and flexible deposit and withdrawal methods, making it an attractive choice for traders with varying levels of experience.
Blaze Markets offers a reliable trading environment with a diverse selection of instruments and competitive trading conditions. The broker supports the MT4 platform, which is available on desktop, web, and mobile devices, ensuring flexibility for traders anywhere.
Blaze Markets Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
💻 Trading platform: | MetaTrader 4 (MT4) |
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📊 Accounts: | Standard, Pro, ECN |
💰 Account currency: | USD |
💵 Deposit / Withdrawal: | Bank transfers, credit/debit cards, cryptocurrencies |
🚀 Minimum deposit: | $100 for Standard account |
⚖️ Leverage: | Up to 1:200 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0.01 lots |
💱 EUR/USD spread: | 0,3 pips |
🔧 Instruments: | Forex, cryptocurrencies, CFDs, stocks |
💹 Margin Call / Stop Out: | Margin call at 80%, stop out at 50% |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes, via MT4 mobile app |
➕ Affiliate program: | Yes |
📋 Order execution: | Market execution |
⭐ Trading features: | Competitive spreads, high leverage, fast order execution, multiple account types, and support for cryptocurrencies. |
🎁 Contests and bonuses: | Periodic promotions and bonuses |
Blaze Markets offers a reliable trading environment with various instruments and competitive trading conditions. The broker supports the MT4 platform, available for desktop, web, and mobile devices, providing flexibility for traders anywhere.
Blaze Markets Key Parameters Evaluation
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Trading Account Opening
To log in to the Blaze Markets website, a username and password are required. This means you need an active user account, which can be created online by following a few simple steps:
Choose an account type that best suits your investment goals and strategies, then click the button to open it.
Enter your details in the account registration form and set a password for your first login. Passwords must be changed every three months. The final step is to upload documents to verify your identity and proof of residence.
Regulation and safety
Blaze Markets has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
Blaze Markets Regulators and Investor Protection
Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
---|---|---|---|---|
|
Financial Services Authority of St. Vincent and the Grenadines | St. Vincent and the Grenadines | No specific fund | Tier-3 |
Blaze Markets Security Factors
Foundation date | - |
Negative balance protection | Yes |
Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker Blaze Markets have been analyzed and rated as High with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No inactivity fee
- Above-average Forex trading fees
- Deposit fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Blaze Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Blaze Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Blaze Markets Standard spreads
Blaze Markets | Pepperstone | OANDA | |
EUR/USD min, pips | 1,2 | 0,5 | 0,1 |
EUR/USD max, pips | 1,7 | 1,5 | 0,5 |
GPB/USD min, pips | 1,5 | 0,4 | 0,1 |
GPB/USD max, pips | 2,2 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
Blaze Markets RAW/ECN spreads
Blaze Markets | Pepperstone | OANDA | |
Commission ($ per lot) | 4,0 | 3 | 3,5 |
EUR/USD avg spread | 0,3 | 0,1 | 0,15 |
GBP/USD avg spread | 0,5 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Blaze Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Blaze Markets Non-Trading Fees
Blaze Markets | Pepperstone | OANDA | |
Deposit fee, % | — | 0 | 0 |
Withdrawal fee, % | — | 0 | 0 |
Withdrawal fee, USD | — | 0 | 0-15 |
Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
Each Blaze Markets account type is designed for trading specific asset classes. Clients have the option to open multiple account types.
Available accounts are:
Deposit and withdrawal
Blaze Markets received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
Blaze Markets offers limited payment options and accessibility, which may impact its competitiveness.
- Bank wire transfers available
- Minimum deposit below industry average
- Low minimum withdrawal requirement
- Bank card deposits and withdrawals
- BTC payments not accepted
- PayPal not supported
- Only major base currencies available
What are Blaze Markets deposit and withdrawal options?
Blaze Markets offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire, USDT. This limitation may restrict flexibility for users, making Blaze Markets less competitive for those seeking diverse payment options.
Blaze Markets Deposit and Withdrawal Methods vs Competitors
Blaze Markets | Plus500 | Pepperstone | |
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | No | Yes | Yes |
Wise | No | No | No |
BTC | No | No | No |
What are Blaze Markets base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Blaze Markets supports the following base account currencies:
What are Blaze Markets's minimum deposit and withdrawal amounts?
The minimum deposit on Blaze Markets is $100, while the minimum withdrawal amount is $—. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Blaze Markets’s support team.
Markets and tradable assets
Blaze Markets offers a limited selection of trading assets compared to the market average. The platform supports 150 assets in total, including 60 Forex pairs.
- Crypto trading
- 60 supported currency pairs
- Indices trading
- Limited asset selection
- Bonds not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by Blaze Markets with its competitors, making it easier for you to find the perfect fit.
Blaze Markets | Plus500 | Pepperstone | |
Currency pairs | 60 | 60 | 90 |
Total tradable assets | 150 | 2800 | 1200 |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | No | Yes | No |
Investment options
We also explored the trading assets and products Blaze Markets offers for beginner traders and investors who prefer not to engage in active trading.
Blaze Markets | Plus500 | Pepperstone | |
Bonds | No | No | No |
ETFs | No | Yes | Yes |
Copy trading | No | No | Yes |
PAMM investing | No | No | Yes |
Managed accounts | No | No | No |
Customer support
Blaze Markets provides client support and responds to client inquiries 24/5 (24 hours a day, 5 days a week). Support is not available on national holidays.
Advantages
- Support is available in several languages, including English
- The company offers a call center and email support
Disadvantages
- Online support is available on a limited basis
- The company office can be visited by appointment only
The following communication channels may be used to obtain assistance from a Blaze Markets manager:
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Hotline;
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Email;
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Office Visits (by appointment only).
Contacts
Registration address |
Registered address: Suite 305, Griffith Corporate Center, Beachmont, P.O.Box 1510, Kingstown, St. Vincent and the Grenadines. Operating Address: 4800 North Federal Highway, Suite B200#25, Boca Raton, FL, The U.S. |
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Regulation |
SVGFSA
Licence number: 26027 BC 2020 |
Official site | blazemarkets.com |
Contacts |
+1-646-873-6888
|
Education
Blaze Markets clients can access information about trading conditions, explore different trading concepts, and stay updated on market trends and the latest financial topics.
Comparison of Blaze Markets with other Brokers
Blaze Markets | Eightcap | XM Group | RoboForex | VT Markets | TeleTrade | |
Trading platform |
MetaTrader4 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader4, MetaTrader5, VT Markets App, Web Trader+ | MT4, MT5 |
Min deposit | $100 | $100 | $5 | $10 | $50 | $10 |
Leverage |
From 1:1 to 1:200 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:1000 |
Trust management | No | No | No | No | Yes | No |
Accrual of % on the balance | No | No | No | 10.00% | No | 1.00% |
Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0.2 points |
Level of margin call / stop out |
80% / 50% | 80% / 50% | 100% / 50% | 60% / 40% | No / 50% | 70% / 20% |
Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | Yes | No | Yes |
Detailed Review of Blaze Markets
Blaze Markets offers its clients a wide range of tools and resources for market analysis, investment decision-making, and portfolio monitoring. With the MetaTrader 4 trading platform, analytical reports, news feeds, and various analysis tools, investors can choose optimal strategies based on their financial goals, risk tolerance, and trading preferences. Blaze Markets provides access to over 120 financial instruments, including Forex pairs, cryptocurrencies, CFDs, and stocks. The broker is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, ensuring security and reliability for investors. Blaze Markets also prides itself on high-quality client service, offering 24/5 support.
Blaze Markets’ trading platforms:
MetaTrader 4 (MT4) is a widely used online trading platform popular with novice and professional traders. The platform is available for desktop, web, and mobile devices, providing flexibility and convenience for traders.
Blaze Markets by the numbers:
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120+ available financial instruments, including Forex, cryptocurrencies, CFDs, and stocks.
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Leverage up to 1:200.
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Multilingual client support is available 24/5.
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Three account types to meet different trading needs: Standard, Pro, and ECN.
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The minimum deposit starts from $100 for a Standard Account.
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Spreads start from 1 pips for the Standard account and 0 pips for the Pro account.
Services offered by Blaze Markets:
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Forex trading. Blaze Markets offers 60+ currency pairs with competitive spreads and high leverage.
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Trading cryptocurrencies, stocks, CFDs, and indices. Clients can diversify their portfolios by trading across various asset classes
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Reliable trading platform (MetaTrader 4 - MT4). Available on desktop, web, and mobile, ensuring flexibility and convenience for traders
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Educational materials and market analysis. Blaze Markets provides a wide range of educational resources, including webinars, video tutorials, and trading guides to help traders enhance their skills and knowledge
Advantages:
Earn a passive income through partner programs. Blaze Markets offers generous rewards for partners who refer new clients.
Trading platforms for desktop and mobile (Android & iOS). Traders can manage their accounts and trade anytime, anywhere.
Extensive market analysis and reports. Blaze Markets regularly publishes financial market reports, morning briefings, and expert insights.
Free withdrawals. Clients can withdraw funds with no additional fees.
There are no mandatory minimum trading fees.
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