Reported as a scam / unregulated
Why Blaze Markets is on the register
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.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.