Score

1.13 /10
Danger

COINBLAZE

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.11

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

UK FCA
2024-02-29
COINBLAZE
COINBLAZE

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

COINBLAZE · Company summary

COINBLAZEBasic Information
Company NameCOINBLAZE
HeadquartersUnited Kingdom
RegulationsUnregulation
Customer Supportsupport@coinblaze-intel.ltd

Overview of COINBLAZE

COINBLAZE is a broker situated in United Kingdom which registered in 56 Brushfield St, Spitalfields, London, UNITED KINGDOM, E1 6AA, Queensbridge Dr, Indianapolis, UNITED STATES OF AMERICA, IN 46219. It is an online trading platform offering investment and trading opportunities including Cryptocurrency, Stocks and Forex.

Overview of COINBLAZE

Is COINBLAZE Legit?

COINBLAZE has no license, meaning there's no guarantee of fair practices, protection for your funds, or security for your personal information. This lack of regulation puts you at a higher risk. Always prioritize working with regulated and reputable brokers to ensure a safer financial experience.

Is COINBLAZE Legit?

Pros and Cons

COINBLAZE provides a user-friendly platform for easy cash withdrawal with low transaction fees.However, the absence of regulation has also given rise to apprehensions regarding transparency and the safeguarding of investors' interests. Your financial situation is Paramount and it is essential to make informed decisions based on sound information and a thorough understanding of the risks involved.

ProsCons
  • Three classes of trading instruments
  • Operates without regulatory oversight
  • Focus on Security
  • Lack of educational resources or transparency regarding company policies and procedures
  • Utilizes Coinblaze WebTrader Platform

Trading Instruments

Crypto Currencies: Cryptocurrencies are means of exchanging goods and services online. Many companies issue their own currencies, often called tokens, which can be used exclusively for transactions of goods or services provided by the company. Think of them as arcade tokens or casino chips. You need to exchange real money for cryptocurrency to access goods or services.

Forex: Forex trading is the means of exchanging one currency for another. When trading forex, you are always trading one currency pair - selling one currency while buying another.

Stocks: Stocks are suitable for a wide variety of industries, so you can use your knowledge of a particular business or help you diversify your portfolio.

Trading Instruments

How to open an account with COINBLAZE

  1. Go to the COINBLAZE website and look for a prominent “Open Account” button, usually located in the upper right corner. Click on this button.
  2. You'll be directed to the login page. Enter your registered username and password, double-checking for accuracy before clicking “submit.”
  3. Once logged in, you'll be taken to the trading platform. Locate the trading interface and choose the asset you wish to trade.
How to open an account with COINBLAZE

Trading Platforms

COINBLAZE trade Cryptocurrencies with the industrys most popular web-based trading platforms. Simply register, log in to your Coinblaze account and start trading - no download required.

Trading Platforms

Customer Support

The company can be contacted at support@coinblaze-intel.ltd by email for any inquiries or assistance.

Customer Support

Conclusion

COINBLAZE, a trading platform offering cryptocurrency, stocks, and forex, operates without any regulatory oversight. While they claim to offer a user-friendly platform and easy cash withdrawals, the risks associated with unregulated platforms far outweigh any potential benefits. It is strongly recommended to avoid COINBLAZE and prioritize working with regulated and reputable brokers to ensure the safety and security of your investments. Remember, your financial well-being is paramount.

FAQs

Is COINBLAZE regulated?

No, COINBLAZE does not have a license and is not regulated by any established financial authority.

What assets can be traded through COINBLAZE?

COINBLAZE offers trading in Cryptocurrencies, Stocks, and Forex.

How can I contact COINBLAZE customer support?

You can contact COINBLAZE customer support via email at support@coinblaze-intel.ltd.

Does COINBLAZE offer educational resources?

The provided information states that COINBLAZE does not offer specific educational resources.

Comments

COINBLAZE seems like a tempting option with its wide range of assets and user-friendly platform. But, hold your horses! No regulation is a big red flag. It's like playing poker in a back alley – you might win, but you're also taking a huge risk. Stick with reputable guys until you're more experienced.

COINBLAZE might be okay for experienced traders who know the risks and are comfortable with the lack of regulation. But for newbies, it's a big no-no. Think of it like this: would you trust a mechanic who works on your car without any license or certification? Probably not, right? The same goes for your money.

Risk Warning

Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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