BrokersView has found that Blaze Markets appears to be a scam Blaze Markets claims on its website that it is regulated by the MWALI International Services Authority (MISA); however, BrokersView's verification revealed that the company's MISA license is no longer verifiable. Furthermore, it claims to be registered in St. Vincent. While this registration has been confirmed, the registration with the Financial Services Authority (FSA) of St. Vincent and the Grenadines only confirms it as an International Business Company (IBC) and does not constitute a regulatory forex license. The FSA of St. Vincent and the Grenadines does not regulate forex activities. Therefore, Blaze Markets is currently unregulated and may present a high risk of fraud.

What are the commission rates for different account types at Blaze Markets? Dear Investor, We do not recommend choosing Blaze Markets as your broker. Regarding its regulatory information, Blaze Markets provides details of the MWALI International Services Authority (MISA) and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. Firstly, upon searching the MISA registry, we found that the company's license has been suspended. Secondly, although we can locate Blaze Market Ltd. in the SVG FSA system, please note that this registration merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. Furthermore, the SVG FSA has publicly stated that it neither regulates nor licenses forex trading activities. Therefore, Blaze Markets currently does not hold any valid licenses and lacks compliant regulatory oversight. We strongly advise you to avoid trading with such a broker to protect your financial security. View Source

Does Blaze Markets offer referral bonuses? How many? It appears that Blaze Markets may not offer referral bonuses, as we were unable to find any relevant information on their website. However, they do have an Introducing Broker program that allows individuals to earn commissions. For the most accurate information regarding bonuses, we recommend contacting their customer service department. Please find the contact information in the attached screenshot. View Source