Blaze Markets Review

Category: Reviews | Author: Trading Brokers | Date: September 22, 2023

Finding a reliable broker is essential for traders seeking success and security. One name that has been making waves in this industry is Blaze Markets. Offering a wide array of trading instruments, from traditional forex pairs to cryptocurrencies, Blaze Markets promises a comprehensive trading experience for investors of all levels. With multiple account types and access to powerful trading platforms, it seems like an attractive option. However, before diving in, it’s crucial to delve deeper into Blaze Markets’ credentials, regulatory status, and the overall trading environment they provide. In this article, we’ll take a closer look at Blaze Markets, examining their offerings, regulatory framework, and reputation within the forex and CFD trading community.

Pros & Cons

  • DIY Preset Stock screeners to help traders make an educated decision when it comes to building their portfolio backed by fundamental and technical analysis
  • Online trading benefits such as convenience, lower costs, real-time access to market data, and more
  • Full-service stockbroker offering online trading and demat account services
  • Multiple trading instruments including Equity, Commodity, Currency, and Derivatives
  • Memberships with major exchanges such as NSE, BSE, MCX-SX, MSEI, NCDEX, and MCX
  • Proprietary trading platform called "Tradebulls Touch"
  • Expert services in Equity, Currency, Commodity Trading, Derivatives, and more
  • Inactivity fee charged if there is no trading activity for 6 months
  • Blaze Markets does not offer a risk-free demo account
  • No social trading options
  • Limited customer support
  • Below average mobile app
  • Blaze Markets does not offer any reasonable educational resources for traders
  • Lack of regulation


Blaze Markets Review

Blaze Markets Review

Blaze Markets operates as a forex and CFD broker, offering an extensive range of trading instruments that encompass forex, CFDs on stocks, indices, commodities, and cryptocurrencies. They provide diverse types of trading accounts, including ECN, standard, and pro accounts. To ensure access to the world’s largest financial markets, Blaze Markets has established partnerships with tier-1 banks and liquidity providers. Their desktop trading platform options consist of MetaTrader 4 (MT4), renowned as the world’s most popular forex trading platform, and its more advanced successor, MetaTrader 5 (MT5). While Blaze Markets offers a broad range of trading instruments, including cryptocurrencies, and uses the popular MT4 trading platform, traders should approach the broker with caution. Blaze Markets is not regulated by any reputable financial authority, which raises concerns about its credibility and safety. Therefore, it is recommended that traders conduct thorough research and consider other regulated brokers before deciding to trade with Blaze Markets.

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Our #1 Broker 2023

AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


Regulation within the financial industry stands as a paramount consideration for traders and investors, safeguarding their interests and ensuring the legitimacy of brokerage services. Blaze Markets, operating in the forex and CFD sphere, claims to possess regulatory credentials; however, the intricacies of its regulatory status warrant a closer examination. Registered as an International Business Company (IBC) in Saint Vincent and the Grenadines under the registration number 26027BC2020, it’s crucial to note that this registration comes within a jurisdiction known for its relatively lenient regulatory standards, notably distinct from renowned financial centers like the United States, the European Union, or the United Kingdom.

Blaze Markets further claims authorization and regulation under License T2023183 by the MWALI International Services Authority (MISA). Notably, MISA operates in the MWALI jurisdiction, or the Union of the Comoros, which isn’t widely recognized as a major regulatory authority in the global financial realm. This raises significant queries regarding the comprehensiveness of its oversight and investor protection capabilities when posed with the stringent standards upheld by well-established regulatory bodies.

Furthermore, Blaze Markets operates without the oversight and scrutiny of major, globally recognized regulatory authorities, including the U.S. Securities and Exchange Commission (SEC), the United Kingdom’s Financial Conduct Authority (FCA), or the European Securities and Markets Authority (ESMA). These prominent regulatory bodies are renowned for their unwavering commitment to stringent regulations and steadfast investor safeguards. Given these nuances and considerations, individuals exploring Blaze Markets or similar platforms are strongly encouraged to exercise prudence. It is essential to conduct thorough due diligence, consider the regulatory context, and weigh associated risks judiciously. Please see our list of regulated brokers for some alternative options, a crucial step in ensuring a secure and well-regulated trading environment for your investments.

Platforms & Tools

Blaze Markets presents traders with the popular MetaTrader 4 (MT4) trading platform, which is available for Windows desktop and mobile devices. Known as the world’s most popular forex trading platform, MT4 boasts a stellar reputation among traders globally. Its enduring popularity is a testament to its user-friendly interface and robust feature set.

MT4 Platform

MT4 Platform

MT4 equips traders with an array of indispensable tools, including advanced charting capabilities, a wide range of technical analysis indicators, and customizable chart templates. Moreover, MT4’s support for automated trading through Expert Advisors (EAs) grants traders the ability to execute trades automatically, based on pre-defined strategies. This feature is particularly appealing to those who rely on algorithmic and automated trading systems to make informed decisions.

Blaze Markets also offers tool options to cater to your trading needs. These tools include:

  • Calculators
  • Forex Market Hours
  • Heat Map Analysis
  • Economic Calendar
  • Market Overview & Data

They are invaluable companions on your journey through the dynamic world of financial markets.


Blaze Markets does not offer any reasonable educational resources for traders. While the broker provides traders with access to various trading tools, there is no mention of any other educational resources, such as webinars, tutorials, or eBooks, on the Blaze Markets website or in the search results. It is worth noting that traders are strongly advised to obtain independent investment, financial, legal, and tax advice before proceeding with any investment. Therefore, traders who are looking for educational resources to improve their trading skills and knowledge may need to seek additional educational materials elsewhere.

This self-education can involve seeking out online courses, books, webinars, demo accounts, forums, and market analysis from reputable sources to build trading knowledge and expertise. While Blaze Markets may excel in offering a wide range of trading instruments and platforms, traders should be prepared to invest time and effort in acquiring the necessary knowledge to trade successfully.


Blaze Markets offers traders an extensive array of trading opportunities across various market segments, making it a versatile choice for those looking to diversify their portfolios and capitalize on different asset classes.

  • Forex Market: Blaze Markets provides access to a robust selection of over 60 currency pairs through the MT4 platform. The forex market, the largest financial market globally, offers traders the chance to engage in currency trading, with major, minor, and exotic pairs available. This diverse offering allows traders to capitalize on currency fluctuations and global economic events, making it an attractive choice for forex enthusiasts.
  • CFD Market: In addition to forex, Blaze Markets broadens its horizons by offering Contracts for Difference (CFDs) on various asset classes. These include CFDs on stocks, indices, commodities, and cryptocurrencies. CFDs enable traders to speculate on the price movements of these underlying assets without owning them physically. This flexibility opens doors to a wide range of trading opportunities and allows traders to take advantage of market movements across diverse asset categories.
  • Stocks: Blaze Markets offers stocks from some of the most popular and profitable companies in the world, such as Apple, Amazon, Tesla, and more. Stocks are shares of ownership in a company that reflect its value and performance. Stocks offer dividends, capital gains, and voting rights
  • Cryptocurrency Market: For those intrigued by the burgeoning world of cryptocurrencies, Blaze Markets offers direct trading access to various digital currencies such as Bitcoin, Litecoin, Ethereum, and more. The cryptocurrency market is known for its high volatility and potential for substantial price swings, making it an appealing option for traders seeking dynamic and fast-paced trading environments.


Blaze Markets takes a tailored approach to cater to the diverse needs and objectives of traders, offering a selection of account types designed to match various trading styles and preferences.

  • Standard Account: Geared toward traders looking for a straightforward trading experience, the Standard Account at Blaze Markets demands a minimum deposit of $100. This account option provides spreads that commence from 1 pip, offering competitive pricing for a wide range of trading instruments. It’s an ideal choice for those who prefer a relatively low-cost entry point into the markets.
  • Pro Account: For traders seeking enhanced trading conditions, the Pro Account may be an attractive option. Requiring a minimum deposit of $250, this account type provides low spreads starting from an impressive 0.0 pips. However, it’s important to note that the Pro Account charges a commission of $4 per lot traded. This commission-based structure can be advantageous for active traders who value tight spreads and quick execution.
  • Cent Account: This account is suitable for beginners and traders who want to trade with a small account. The Cent account offers spreads from 1.7 pips, 1:200 leverage, and market execution. The Cent account is available for Forex, metals, and indices trading.
  • Islamic Account: Blaze Markets also offers an Islamic account that is compliant with Sharia law. This account is designed for traders who follow Islamic principles and want to trade without paying or receiving interest

Blaze Markets emphasizes competitive accounts that leverage tier-1 liquidity and high-speed servers, ensuring swift order execution. These account options are strategically designed to accommodate a wide spectrum of traders, ranging from day traders and scalpers to those deploying expert advisors (EAs).


Blaze Markets offers a versatile range of funding options, ensuring that traders have convenient and secure methods to deposit funds into their trading accounts. These funding options cater to a variety of preferences and financial capabilities:

  • Bitcoin Deposits: One of the notable funding options provided by Blaze Markets is the ability to deposit funds using Bitcoin. This cryptocurrency has gained popularity for its efficiency and security in online transactions. With a remarkably low minimum deposit requirement of just $10 for Bitcoin, this option allows traders to start trading with a relatively small initial investment. Bitcoin deposits offer swift processing times and can be particularly appealing to those who prefer the flexibility and anonymity that cryptocurrencies can provide.
  • Wire Transfers: For traders who prefer traditional banking methods, Blaze Markets supports wire transfers. With a minimum deposit requirement of $100, wire transfers are typically used by traders who are comfortable with bank-to-bank transactions and may be moving larger sums of money. While wire transfers may take slightly longer to process compared to cryptocurrency deposits, they are a trusted and secure method for funding trading accounts.
  • Credit Card Payments: Credit card payments are a widely accepted and convenient means of funding trading accounts. Blaze Markets accommodates this preference with a minimum deposit requirement of $100. Credit card deposits are known for their speed and ease of use, making them a suitable choice for traders looking for quick access to the markets.


In summary, Blaze Markets positions itself as a versatile forex and CFD broker, offering a diverse range of trading instruments, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. With multiple account types tailored to suit various trading styles, and access to the popular MetaTrader 4 (MT4) platforms, Blaze Markets aims to cater to a broad spectrum of traders. They provide a selection of funding options, including Bitcoin deposits, wire transfers, and credit card payments, offering flexibility in how traders can fund their accounts. For a broader array of choices, we recommend exploring our trading broker reviews to make an informed decision that aligns with your specific trading needs and preferences.

Blaze Markets Logo


Blaze Markets is a forex and CFD broker that offers a wide range of trading instruments, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. They provide various types of trading accounts such as standard, Pro, and Islamic accounts. Blaze Markets has partnered with tier-1 banks and liquidity providers to offer access to the largest financial markets in the world. They also offer the popular MetaTrader 4 (MT4).

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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