Blaze Markets promises that with its help any trader will be able to succeed in trading. The creators believe that their main difference from other brokers is a deep understanding of what investors need. They offer an interesting mix of pricing, cutting-edge platforms, speed of execution, wide product range, market intelligence, and customer support. Everything looks so interesting that you want to immediately invest. Is it worth it? Let's figure it out today.
Blaze Markets General Information
Broker's main website:
blazemarkets.com
Get instructions on how to withdraw funds
Whois check:
Domain Age
Site analysis
Like most projects reviewed on binarybets.ru, the site of the company under review leaves much to be desired. It looks bad and cheap. Template layout is clearly visible. Lots of bright colors that are just dazzling. A specialized service estimated the cost of the site at 25 rubles. In general, plus or minus so much for it and you can pay.
Site rating
The portal includes the following sections:
- trading;
- tools;
- connect with us;
- platforms.
On the Main, of course, there is a lot of information about the benefits of working with this office. The guys also immediately try to sell their services, talking about the tools of work and what the tariffs are. Moreover, from the top to the “basement” of the site, this information is too much.
The portal can be translated into another language by selecting the desired one in a special window. The big problem is that the translation is machine-made and when you switch, the layout starts to float. This once again proves that they did not bother with its creation at all.
There are links to social networks, but as often happens, they lead to the main page of the Internet resource.
Expertise of legal information, Blaze Markets licenses
Like most scam projects, there is no plausible legal information here. More precisely, there is a registration certificate allegedly issued in the offshore zone of Saint Vincent and the Grenadines. Just keep in mind that the FSA (the financial authority of Saint Vincent and the Grenadines) is not a regulator and does not coordinate the activities of companies. It's just the body that registers them and issues the appropriate certificate. Thus, you need to understand that the risk of losing money and being deceived increases significantly. It cannot be ruled out that the certificate may be fake, because the FSA website cannot view the document in electronic form, so borrowing company data and forging them in Photoshop on the form is not difficult.
They also do not have a license from the Central Bank of the Russian Federation, so the funds of Russian citizens are not protected in any way.
Register of the Central Bank of the Russian Federation
According to the classics of the genre, among other documents - privacy policy, disclaimer, terms and conditions. If you go to the last of the listed documents, then the first thing you can see here is warnings using Caps Lock. Fraudsters just scream that they can make changes at any time and without notice. The responsibility for the constant updating of the site lies solely with the client. If you do not agree with something, then do not visit this site. Everything is simple. Curiously, there is a lot in this section devoted to things for which the creators of Blaze Markets are not responsible. Although do not forget that they still have a whole page with that name. The office is trying to get out of the water as dry as possible when it starts draining the trader's money.
The only thing they weren't afraid to reveal was their contact information. It's really complete: several phones, email, address. Another question is that all this is not real. If you drive an address into the Yandex search bar, you will get a whole list of scammers using exactly the same one.
Address search result
Checking the site showed that the resource was created in September 2020 and updated on August 26, 2021 (see the very first screen). There are no archive copies for 2020, but in the winter of 2021 it was already a Blaze Markets scam project. We can say that these guys have been deceiving people for more than a year.
Features of Blaze Markets. Tools and conditions for traders
Blaze Markets offers a competitively priced trading environment with the most advanced technology to get you in and out of trades quickly and efficiently. This means fast execution, reduced slippage and spreads as low as 0.0 pips.
Scam offers only 2 tariff plans: Standard and Pro. In fact, they differ only in the minimum deposit and the size of the spreads. You can start trading with $100. The account types page also talks about a 3rd plan for beginners called "CENT", but there are no details about it.
The broker also has its own loyalty program. More specifically, they offer to become Introducing Brokers. These are individuals or companies that make money by introducing clients (new traders) to Blaze Markets. In exchange for bringing customers to the company, they receive a solid regular commission.
In addition, Blaze Markets provides access to its MT4 platform. It allows traders to analyze the movement of assets and trade in a safe, fast and reliable trading environment.
Real customer testimonials from Blaze Markets
There are practically no reviews on this black broker on the network. I could only find a couple of comments and they are all negative. There is no surprise in this, of course.
Reviews
If the pseudo-broker Blaze Markets scammed you, leave a comment below the article. This will help other investors save their money.
Blaze Markets User Fraud Scheme
The scheme of deception is as simple as possible: wait until the trader transfers the money and immediately drain it. Blaze Markets most likely focuses on beginners. Allegedly attractive conditions, including a small minimum deposit, an incomprehensible certificate of registration for such traders will serve as a basis to trust this office. After the client has deposited funds, scammers drain them without hesitation. Given that they have a referral program, we can say that there are features of a financial pyramid.
Results
Pseudo-broker Blaze Markets is a classic scammer's office. They try to attract investors with tempting conditions just to drain their funds. These guys do not even try to wait for some time, but stupidly immediately take the money into their pocket. Given that they are registered in an offshore zone and do not have licenses from other financial regulators, investors will never see their money.
In addition, although there are few reviews about these guys on the network, they still exist and they are all negative. Blaze Markets is the usual cheap offshore dump. It does not inspire any confidence, so you need to pass by such projects right away.
Leave your e-mail at the beginning of the article if you are caught in the network of the black broker Blaze Markets. We will send detailed instructions on how to get your funds back.
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