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Blaze Markets
Operating status: SCAM
Website: https://blazemarkets.com/
Broker violations and abnormal records
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.
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.
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