Verdict up front: BlazeMarkets is registered in Saint Vincent and the Grenadines as an international business company, lists an operational address in Florida, and is linked to a Comoros (MISA) licence. On Forex Peace Army it holds a perfect 5.0 — and every reviewer there has written exactly one review.
BlazeMarkets
Blaze Markets Ltd · blazemarkets.com
HIGH RISK
- Domain registered
- 23 Sep 2020 (about 6 years)
- Company
- Saint Vincent IBC, 26027 BC 2020
- Licence claimed
- MISA T2023183 (Comoros)
- Forex Peace Army
- 5.0, every reviewer with 1 review
What the footer says
The footer of blazemarkets.com, read on 21 September 2026, says Blaze Markets Ltd is registered by the Financial Services Authority of St. Vincent & the Grenadines as an International Business Company, number 26027 BC 2020, at Griffith Corporate Centre, Kingstown. It also gives an “Operational Address” in Boca Raton, Florida, and a New York phone number.
Registration as an international business company is not a licence to deal in forex. Saint Vincent’s FSA does not license forex brokers. Forex Peace Army lists Blaze’s regulators as SVGFSA and MISA #T2023183 — the Comoros registry that, according to FinTelegram, the Central Bank of Comoros has called fabricated.
Reviews that are too perfect
On Forex Peace Army BlazeMarkets scores a flawless 5.0. The reviews run from 2021 to January 2025 and every one is five stars. Every named reviewer — Jim Adams, denny71, abradley, hkrovers, Kalusa — has one review on the whole site, and the sixth is a guest. They praise the same things: fast withdrawals, crypto, execution.
A real broker with years of clients collects complaints as well as praise. A perfect score from one-time accounts is not evidence of quality.
One more detail from the registry: blazemarkets.com’s nameservers are run from fxphantom.com, not from a mainstream DNS or hosting provider.
| Check | What we found |
|---|---|
| Domain age | blazemarkets.com, registered 23 Sep 2020 |
| Company | Blaze Markets Ltd, SVG IBC 26027 BC 2020 |
| Operational address | Boca Raton, Florida, USA |
| Licence claimed | MISA T2023183 (Comoros) |
| FSC Mauritius register | No entry |
| Forex Peace Army | 5.0 — all reviewers have exactly one review |
| Nameservers | ns1/ns2.fxphantom.com |
What this means for you
An offshore company registration and a MISA number give you no regulator and no compensation scheme. A US operating address makes it look local; if you are in the US, check the firm on the NFA’s BASIC database before sending anything.
Before you fund any broker account
- An office address is not a licence. Check the regulator in the country where the firm says it operates.
- Look for a licence number you can check on the regulator’s own website — a company registration number is not a licence.
- Read review dates and reviewer histories. A handful of five-star reviews from one-review accounts is not a track record.
- Treat a MISA or Mwali licence as no licence at all.
Ettran Reclaim Limited
Deposited with BlazeMarkets and can’t withdraw? That is exactly what we handle.
or email support@ettran.com
Our view: BlazeMarkets is an offshore company with a Florida address, a Comoros licence claim and a review score built from one-time accounts. None of that adds up to a broker you can trust with your money.
Sources, checked 21 September 2026: blazemarkets.com homepage and footer · Verisign RDAP registry records for blazemarkets.com and fxphantom.com · Forex Peace Army, BlazeMarkets review page · FinTelegram on MISA (Aug 2023) · FSC Mauritius online public register.