Blaze Markets Forex Broker Review: Trading Conditions, User Reviews
Rogues of “Blaze Markets”: Detailed Analysis of Actions
The team of scammers from Blaze Markets has chosen the path of least resistance, creating an anonymous project with the aim of deceiving trusting people and draining all their money. While they don’t have many reviews yet, they are already actively calling traders, terrorizing them.
Our review will uncover the scheme of scammers’ actions and present the true activities of fraudsters on blazemarkets.com.
Main Information about “Blaze Markets”: Documents and Licenses
According to the information on the Blaze Markets website, there is no data about the company’s establishment. They do not disclose the date of foundation, preferring to present manipulated figures to clients.
According to them, Blaze Markets has around 900 active traders making over 5,000 trades per day. However, there is not a single positive review on the internet about the company that promises to turn ordinary users into millionaires.
The website’s traffic also leaves much to be desired: only 200 visitors to blazemarkets.com per day. We hope that this number will decrease after our review.
Stories about the legality of the company’s activities are mentioned only at the “bottom” of the page. It is stated here that the company is supposedly fully subordinate to Blaze Markets Ltd, registered offshore at Suite 305, Griffith Corporate Center, Beachmont, PO Box 1510, Kingstown, St. Vincent and the Grenadines.
This address is used by illegal organizations, including MaxiMarkets, StreamForex, and PrivateFX.
Scammers try to convince depositors of their legitimacy by providing a fake registration certificate (registration number – 26027 BC 2020), which, as it turns out, can easily be verified. Blaze Markets Ltd only exists in the minds of deceivers.
We also found out that the project started its activities on September 23, 2020. The question of the company’s “deep experience” seems dubious.
Internal Documents of “Blaze Markets”
Before entrusting your money to fraudsters, familiarize yourself with the company’s documentation, which contains many conflicting points. For example, Blaze Markets completely absolves themselves of liability for possible losses and claims that all their advice is just recommendations.
In case of bankruptcy, the company will prefer creditors, and traders will have to wait their turn, which will most likely never come.
You use all trading strategies at your own risk, although the scammers at Blaze Markets try to make you play by their rules.
Contacting the Scam Company Blaze Markets
There are currently no reviews of the company, and it is evident that scammers avoid contact with victims by providing fake contact details.
On the website, there is only an email (support@blazemarkets.com) and several phone numbers (+44 2037699241, +61283117069), one of which was registered back in 2018 and, according to reviews, was also involved in fraudulent schemes.
To create the illusion of presence on social networks for the naive, Blaze Markets added icons that, as it turns out, lead nowhere.
Summarizing the Review of “Blaze Markets”
For their own benefit, swindlers are ready for anything. Once they deceive enough people and receive a lot of negative reviews, they will close the company and create a new fraudulent project, only adjusting the corporate style.
Should you trust Blaze Markets? The obvious answer: it is better to avoid this company in order not to lose all your savings and not to fall into a debt pit.