On the Blaze Markets homepage, there are guarantees of “unrivaled customer support”, “lightning fast execution speed” and “zero spreads”. Such promises can be found on the website of any financial dealer, and in this case it is better not to count on exclusive terms of cooperation.
The terry scam has already earned a reputation as an unreliable company that empties the pockets of its customers.
How does Blaze Markets service work? Registration and license
According to Blaze Markets representatives, the main mission of the office is to provide the best trading environment along with competitive prices and advanced technologies. The site offers access to CFDs, currency pairs, indices, cryptocurrencies and other instruments.
At the same time, the site does not say anything about the history of the foundation and development of the brand. All basic legal information is located in the “basement” of the site for the user to successfully skip it. Among other things, it indicates that the resource was registered in 2020 in the territory of Saint Vincent and the Grenadines. This means that the sharashka works anonymously and illegally – she has no right to offer investment services.
Blaze Markets contacts and feedback from traders
The scammers have woven their scam in such a way that the trader is led to the illusion of a successful and reliable company – they provide implausible statistics and assure that they are able to provide an unrivaled trading experience. At the same time, you can contact the creators of the divorce scheme only by mail or phone number, since there are no links to social networks.
On independent resources, the number of reviews about Blaze Markets can be counted on one finger. Positive comments, apparently, were written by the scammers themselves, but in negative reviews, clients who have lost money describe in detail the divorce scheme and declare that the office does not withdraw funds.
Trading with Blaze Markets broker – account types and withdrawals
The low threshold of entry is one of the tricks of the crooks. The service does not provide a demo account, but obsessively begs to open a real account and replenish the balance as soon as possible. There are only two available accounts with the Blaze Markets broker:
Standard account – the minimum deposit is $ 100, spreads from 1 pip are provided and there are no commissions. The leverage is 1: 200; additionally Blaze Markets allows scalping, hedging and Expert Advisor trading;
Pro account – owners of such an account get zero spreads for $ 250, but the commission size varies from $ 4 to $ 8. All other conditions and requirements are similar to the previous type of account.
To request a withdrawal of funds, you must leave a corresponding request in your personal account. Customers say that the site accepts payments through credit cards and money transfers, but only the authors of custom reviews were able to withdraw money here.
POS terminals and additional services – what do scammers use?
Cheating is to simulate successful trading on the MT4 platform. The scammers’ user agreement itself states that transactions, contracts and other transactions with trading instruments are not made on exchanges – this makes it possible to understand that transactions are not displayed on the real market.
The client will be deceived, promising huge profits in a matter of minutes, but everything ends with a drained deposit and a blocked account. The scammers didn’t bother to fill their dump truck – there are no analytical tools or training materials. It is not recommended to register an account here.
