Blaze Markets Forex Broker keeps up-to-date with the latest trading account information, including Prime, Classic maximum leverage of 1:200, trading varieties, and more
Rating Index
Pros
Wide range of trading instruments, including forex, CFDs, and cryptocurrencies.
Competitive trading conditions with low spreads, especially on the pro account.
User-friendly platform with support for automated trading through MetaTrader 4.
Cons
Not regulated by major financial authorities, which may raise concerns about fund security.
Higher commissions on the pro account compared to some competitors.
Limited information available regarding withdrawal processes and fees.
Blaze Markets broker Accounts
Prime
Classic
Blaze Markets Account Type
Blaze Markets offers two main types of trading accounts to cater to different trader needs: the Standard Account and the Pro Account.
Standard Account
- Minimum Deposit: $100
- Spreads: From 1 pip
- Commission: Zero commission on forex, CFDs, and indices; 0.2% on cryptocurrency
- Leverage: Up to 1:200
- Minimum Trade Size: 0.01 lots
- Scalping: Allowed
- Expert Advisors: Allowed
- Hedging: Allowed
The Standard Account is ideal for beginners or traders looking for a low-cost entry into the financial markets.
Pro Account
- Minimum Deposit: $250
- Spreads: From 0 pips
- Commission: $4 per lot on forex; $8 per lot on CFDs and metals; 0.2% on cryptocurrency
- Leverage: Up to 1:200
- Minimum Trade Size: 0.01 lots
- Scalping: Allowed
- Expert Advisors: Allowed
- Hedging: Allowed
The Pro Account is designed for more experienced traders who require enhanced trading conditions.
Blaze Markets Broker Account Opening Process
Opening an account with Blaze Markets is a straightforward process that can be completed online in just a few minutes. Here are the steps to follow:
- Visit the Official Website: Go to the Blaze Markets official website.
- Click "Open Account": Locate and click the "Open Account" button at the top of the homepage.
- Fill Out the Registration Form:
- Choose your preferred account type (Standard or Pro).
- Enter your email address and create a strong password.
- Provide personal details such as your full name, date of birth, and phone number.
- Specify your full address.
- Agree to Terms: Tick the box to agree to the terms and conditions, and confirm that you are not a robot.
- Sign Up: Click "Sign Up" to complete the registration.
- Email Confirmation: You will receive an email confirming the creation of your new account.
- Log In: Use your account credentials provided in the email to log in and access your member area, where you can fund your account and start trading.
For more detailed information, you can refer to the following sources:
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