blazaintl

Blazaintl, operating under the domain hh128.com, is a forex and CFD broker registered in Saint Vincent and the Grenadines. The entity was established on 9 June 2020, according to corporate records. Saint Vincent and the Grenadines is a jurisdiction that does not impose a specific financial regulatory framework for forex brokers, meaning the firm operates without a licensed financial regulator.

Our research indicates that Blazaintl is not overseen by any major financial authority such as the FCA, CySEC, or ASIC. This absence of regulation is a significant concern for traders, as it means there is no independent oversight of the broker's operations, client fund segregation, or dispute resolution mechanisms.

Blazaintl offers three account tiers: Mini, Standard, and VIP. The Mini account requires a minimum deposit of $100 and provides a maximum leverage of 1:500. The Standard account requires a $1,000 minimum deposit, also with 1:500 leverage. The VIP account requires a $5,000 minimum deposit and offers the same leverage of 1:500.

All accounts offer the same maximum leverage, which is considered high by industry standards. While high leverage can amplify profits, it also significantly increases risk, particularly for retail traders. The availability of such leverage without regulatory restrictions may expose traders to substantial losses.

The broker claims to offer over 40 instruments across foreign exchange, precious metals, commodities, and stock indices. This product range includes major, minor, and exotic forex pairs, as well as popular commodities like gold and oil, and global stock indices.

Information about the trading platform used is not available from the known facts. Typically, brokers in this segment offer MetaTrader 4 or 5, but without confirmation, traders should verify platform details directly with the broker before opening an account.

As identified from our records, Blazaintl does not hold any regulatory licence from a recognised financial authority. The registration in Saint Vincent and the Grenadines does not constitute financial regulation. Consequently, there are no requirements for segregated client accounts, negative balance protection, or participation in compensation schemes.

For traders, this lack of oversight means that in the event of a dispute or financial difficulty, there may be no legal recourse. Industry databases consistently flag unregulated brokers as high risk, and FXCanary's Scam Risk Score of 75/100 (Severe) reflects this assessment.

Given the absence of regulation and the high leverage offered, Blazaintl is suitable only for experienced traders who fully understand the risks and are comfortable with no independent protection. The severe risk score indicates a high probability of potential issues, including withdrawal difficulties or sudden changes in trading conditions.

Traders considering this broker should exercise extreme caution. It is advisable to thoroughly research any broker before depositing funds, and to consider regulated alternatives that offer client protections such as negative balance safeguards and dispute resolution.