Blitzbrokers Rated 3/5

Blitzbrokers Guide - Read our In Depth 2023 Blitzbrokers Review

This detailed Blitzbrokers review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading.

Learn more about Blitzbrokers.

Benefits of Trading with Blitzbrokers

Blitzbrokers Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 1
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 Blitzbrokers users and traders
๐Ÿ“† Founded 1982
๐ŸŒ HQ Hong Kong
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Securities and Futures Commission (SFC)
๐Ÿšซ Excluded Countries Blitzbrokers is not available in the following countries :

Open Blitzbrokers's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Blitzbrokers?

Blitzbrokers are a worldwide financial trading platform and broker. founded in 1982

Over 41 years later Blitzbrokers now serves over 10,000 retail investors Forex trading.

Blitzbrokers are a global broker. Blitzbrokers have a head office in Hong Kong.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Blitzbrokers review and assess how well the Blitzbrokers platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Blitzbrokers. Choosing or shortlisting a trading platform like Blitzbrokers can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Blitzbrokers.

As a result, selecting the right trading platform like Blitzbrokers requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Blitzbrokers available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Blitzbrokers requires thorough due diligence and careful consideration. Some Blitzbrokers trading features can be complex when trading on mobile or using the Blitzbrokers online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Blitzbrokers trading tools properly. In our review of Blitzbrokers we explain the pros and cons. What Blitzbrokers offer, countries Blitzbrokers are available in. Who Blitzbrokers are regulated by and more.

Blitzbrokers Review Screenshot

When it comes to online trading with brokers like Blitzbrokers, carefully review Blitzbrokers as your broker can make or break your success. Choosing the right broker is essential to ensure your Blitzbrokers investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Blitzbrokers review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Blitzbrokers. You must also ensure the Blitzbrokers broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Blitzbrokers needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Blitzbrokers into easily digestible information in this Blitzbrokers review. We want to ensure you have all the knowledge necessary to use the Blitzbrokers trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Blitzbrokers are the key to successful trading, so we've provided this detailed Blitzbrokers review. So, take a seat, grab a cup of coffee, and dive in to learn about Blitzbrokers and how it can benefit you or if Blitzbrokers is not for you.

Online investing with Blitzbrokers can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Blitzbrokers, evaluating the Blitzbrokers platform is important. Evaluation includes researching the Blitzbrokers management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Blitzbrokers. That's why it's essential to understand the Blitzbrokers company policies and practices before making any investment decisions. By doing your due diligence and understanding Blitzbrokers platform, you can make informed investment choices that align with your financial goals. So take the time to research Blitzbrokers thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Blitzbrokers review you need to determine if Blitzbrokers is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Blitzbrokers, so you can make a more informed decision and compare other brokers against Blitzbrokers.

If you want to look at some Blitzbrokers alternatives that might better fit your needs, we list and compare some of the best Blitzbrokers alternatives further down this Blitzbrokers review.

Don't be fooled by the misconception that online trading is easy with Blitzbrokers. It can be challenging and requires significant research and understanding of the Blitzbrokers trading tools and features. You must know what you are doing when trading with Blitzbrokers. That's why we've compiled this detailed Blitzbrokers review with some important information that will hopefully make you more informed when online trading with Blitzbrokers.

Blitzbrokers Review Table of Contents

Blitzbrokers review
Blitzbrokers is a Multi-Assets Trading Platform with over 59+ Assets

Learn more about Blitzbrokers. Blitzbrokers is a multi asset platform with 59+ tradable Assets. Assets available on Blitzbrokers include Forex trading.

Blitzbrokers trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading are considered financial assets.

Features of Blitzbrokers

Blitzbrokers review
What you should know

Blitzbrokers offer one way to trade: Forex trading. The assets and products available to you on the Blitzbrokers trading platform depends on the region of the world, you are in and the Blitzbrokers entity you have an account.

With Blitzbrokers you will need a minimum deposit of $1. You can sign up for a demo account to acquaint yourself with Blitzbrokers platform.

Blitzbrokers are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Blitzbrokers safe?

When considering Blitzbrokers for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Blitzbrokers, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 1982, and in operation for 41 years Blitzbrokers have a head office in Hong Kong.

Blitzbrokers is regulated. This means Blitzbrokers are supervised by and is checked for conduct by the Securities and Futures Commission (SFC) regulatory bodies.

Blitzbrokers withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Blitzbrokers are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Blitzbrokers are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Blitzbrokers and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Blitzbrokers has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, Blitzbrokers will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Blitzbrokers, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If Blitzbrokers violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with Blitzbrokers?

All payments made to Blitzbrokers by traders are securely held in a segregated bank account.

Blitzbrokers uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should Blitzbrokers use them?

Blitzbrokers partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Blitzbrokers clients' funds.

Blitzbrokers clients can have greater confidence in their financial security when working with a Tier 1 bank because Blitzbrokers are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in Blitzbrokers deposited in a Tier 1 bank?

Depositing funds with Blitzbrokers ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Blitzbrokers were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Blitzbrokers is a secure and safe platform.

Please be aware that trading in financial assets with Blitzbrokers carries a risk of loss. Blitzbrokers trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Blitzbrokers emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Blitzbrokers, let's closely examine its features.

To better understand the Blitzbrokers trading platform, you can create two separate accounts - one with real money and the other a Blitzbrokers demo account. A Blitzbrokers demo account provides a risk-free environment for experimenting with the Blitzbrokers platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Blitzbrokers trading decisions.

Open a demo account Visit Blitzbrokers

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Blitzbrokers as a Company Compare Against Other Brokers

Broker blitzbrokers IC Markets Roboforex eToro
Year Established 1982 2007 2009 2007
Head Office Hong Kong Australia Belize Cyprus, UK
Regulation Securities and Futures Commission (SFC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ Blitzbrokers users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Blitzbrokers Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

Blitzbrokers review
Blitzbrokers Pros and Cons

What we like about Blitzbrokers

  • Used by over 10,000 Blitzbrokers users and traders
  • Established in 1982
  • Regulated by Securities and Futures Commission (SFC)
  • Min. deposit from $1

What we don't like about Blitzbrokers

Blitzbrokers review
Blitzbrokers Regulation and Licensing in more detail

Blitzbrokers is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Blitzbrokers going into insolvency. Blitzbrokers compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Blitzbrokers to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Blitzbrokers traders.

Blitzbrokers is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Blitzbrokers you should be sure they're legitimate online agent.

Is Blitzbrokers Global?

Yes, Blitzbrokers is global as Blitzbrokers is available in over 194 countries.

Blitzbrokers is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Blitzbrokers covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Blitzbrokers has a total of more than 10,000 users.

Blitzbrokers review
Blitzbrokers Fees Explained

  • Blitzbrokers withdrawal fees varies on payment method
  • Blitzbrokers does charge a fee for inactive accounts.
  • Blitzbrokers does charge deposit fees.

Blitzbrokers Costs To Check

Modern brokers like Blitzbrokers provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Blitzbrokers may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Blitzbrokers trading profitability.

How Blitzbrokers Fees Compare Against Other Brokers

Broker blitzbrokers IC Markets Roboforex eToro
Min Deposit 1 200 10 50
Withdrawal Fees $3 No Yes Yes
Inactivity Fees No No Yes
Deposit Fees Varies No No
CFD Commission Fees Yes No Yes

Blitzbrokers Minimum Deposit

Blitzbrokers requires a minimum deposit of 1 GBP/USD/EUR when opening an Blitzbrokers trading account.

A minimum deposit is the minimum amount of money required by Blitzbrokers to open a new online brokerage account with them.

Don't be scared off by brokers like Blitzbrokers charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Blitzbrokers, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Blitzbrokers Withdrawal Fees

The fees for withdrawing funds from your Blitzbrokers account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Blitzbrokers withdrawal request is important.

Blitzbrokers Withdrawal rules may vary across different brokers when it comes to transferring funds from your Blitzbrokers or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Blitzbrokers may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Blitzbrokers withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Blitzbrokers. Researching and comparing Blitzbrokers withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Blitzbrokers funds frequently or dealing with large sums of money. Awareness of these Blitzbrokers fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Blitzbrokers funds.

For example, Blitzbrokers allows you to withdraw your funds to Skrill, Neteller.

Blitzbrokers Inactivity Fees

Blitzbrokers does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Blitzbrokers terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Blitzbrokers fees and services. It's recommended that you check the Blitzbrokers website before signing up. If you decide to close your Blitzbrokers account, it's important to do so with the Blitzbrokers broker customer support and obtain confirmation that no remaining Blitzbrokers fees are due.

Brokers like Blitzbrokers must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Blitzbrokers Deposit Fees

Blitzbrokers do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Blitzbrokers Commission Fees

Blitzbrokers does charge commission on CFD instruments.

Brokerage firms like Blitzbrokers may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Blitzbrokers trading account level held by the trader.

Blitzbrokers may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Blitzbrokers terms and conditions to understand the commission fees and any other charges that may apply is essential.

Blitzbrokers review
What can you trade with Blitzbrokers?

It's essential to note that the trading instruments offered under the Blitzbrokers brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Blitzbrokers trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with Blitzbrokers over 59 instruments in fact.

If you want to trade currency pairs on global Forex markets, Blitzbrokers offer over currency pairs.

Blitzbrokers Compared To Other Brokers

Compare Blitzbrokers with IC Markets and Roboforex below.

Your capital is at risk

How Blitzbrokers Trading Options Compare Against Other Brokers

Broker blitzbrokers IC Markets Roboforex eToro
Instruments Available 59 2250 100 5000
Platforms Desktop,WEB,Android MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals No Yes Yes Yes
Energies No Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Blitzbrokers
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

Blitzbrokers review
Trading on Blitzbrokers web platforms and other applications

Blitzbrokers provides traders with a user-friendly custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.

Blitzbrokers also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Blitzbrokers's platforms

Is the Blitzbrokers Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Blitzbrokers trading platform to protect you on PC and mobile Blitzbrokers platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Blitzbrokers web trading platforms.

Blitzbrokers Trading Platform Options

Blitzbrokers does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

Blitzbrokers offers its custom trading platform developed and tested in-house. The Blitzbrokers trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.

The Blitzbrokers platform allows traders to filter the financial marketplace for trade opportunities that match criteria.

With Blitzbrokers, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Blitzbrokers platform, including news and quotes. Discover possible trades with the strong charting tools found with Blitzbrokers. Blitzbrokers is available as downloadable applications or online through the cloud. Monitor your orders with Blitzbrokers and receive breaking news in your positions.

Blitzbrokers Trading benefits

  • Blitzbrokers Allows scalping
  • Blitzbrokers Offers STP
  • Blitzbrokers Low min deposit

Blitzbrokers Trading Accounts Offered

Below we give an overview of the account types that Blitzbrokers offer. Whatever you are looking to trade, the varying Blitzbrokers account types will be able to provide you with what you need.

  • Blitzbrokers Demo account
  • Blitzbrokers Standard account
  • Blitzbrokers ECN account
  • Blitzbrokers STP account
  • Blitzbrokers Islamic account

Can I try Blitzbrokers?

Blitzbrokers provides a demo account that enables individuals to explore trading before investing their funds. By creating a Blitzbrokers practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Blitzbrokers demo account can help individuals to make informed decisions before investing their money.

Open a demo Blitzbrokers account to practice and trade.

Your capital is at risk

Blitzbrokers withdrawal and funding methods

It's essential to remember that the payment methods provided by Blitzbrokers vary based on the Blitzbrokers entity and the Blitzbrokers client's country of residence. To view the Blitzbrokers payment options available, you can log into your Blitzbrokers member's area.

Blitzbrokers offers various funding payment methods listed in your Blitzbrokers dashboard if available in your region. To learn more about the Blitzbrokers funding and withdrawal options available in your area, you can explore the Blitzbrokers website.

Blitzbrokers provides several payment methods for funding your Blitzbrokers account. You may utilize any of these deposit options if they are available in your region. Blitzbrokers ensures that users have multiple payment methods to choose from, making it more convenient for verified Blitzbrokers account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Blitzbrokers user's location. learn more about Blitzbrokers funding and withdrawal methods.

Blitzbrokers Payment Methods

Some Blitzbrokers payment methods are local and are available only to specific regions. Blitzbrokers account holders should check which payment methods are provided in your region.
  • Blitzbrokers accepts Skrill
  • Blitzbrokers accepts Neteller
Broker blitzbrokers IC Markets Roboforex eToro
Bank transfer No Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes No Yes
Skrill Yes Yes Yes Yes
Payoneer No No Yes No
Neteller Yes Yes Yes Yes

*please note available Blitzbrokers and other broker payment methods depend on the clients country of residence.

How can I start trading with Blitzbrokers?

To open a trading account with Blitzbrokers, individuals can sign up on the Blitzbrokers website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Blitzbrokers account validation and making a deposit. Once completed, Blitzbrokers users can download the trading platform of their choice.

It's important to note that Blitzbrokers requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Blitzbrokers maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Blitzbrokers trading platforms is available on their website.

Your capital is at risk

Performing trades with Blitzbrokers

When using Blitzbrokers, the minimum trade size is typically $0.00000114/0.01 LOTS units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Blitzbrokers have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using Blitzbrokers can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, Blitzbrokers margin requirements can differ depending on the traded instrument.

Education Resources at Blitzbrokers

To trade effectively with Blitzbrokers, it's important to have a good understanding of the Blitzbrokers trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Blitzbrokers and externally.

Blitzbrokers . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Blitzbrokers. Familiarizing yourself with the Blitzbrokers trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Blitzbrokers. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Blitzbrokers involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Blitzbrokers, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Blitzbrokers. Explore the Blitzbrokers platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Blitzbrokers, before live trading.

Customer Support at Blitzbrokers

As part of our Blitzbrokers review, we review customer service options, response times and problem resolution effectiveness on the Blitzbrokers trading platform. The Blitzbrokers trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Blitzbrokers Available Support Types

Based on our experience, we have given Blitzbrokers a D grade for customer support. We encountered some slow response times or Blitzbrokers queries that were left unanswered.

Compared to other brokers, Blitzbrokers offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages.

Livechat Support at Blitzbrokers

Our team tested the live chat support of Blitzbrokers and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.

In addition, we tested Blitzbrokers support services in various countries and languages and found that Blitzbrokers were able to effectively resolve our customer issues.

Email Support at Blitzbrokers

We tested the email support of Blitzbrokers by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Blitzbrokers response.

The Blitzbrokers team did resolve and answer our queries, but the email support from Blitzbrokers was overall average compared to other brokers we have tested.

Phone Support at Blitzbrokers

Blitzbrokers does not offer Phone Support.

See how Blitzbrokers Support Compares Against Other Brokers

Broker blitzbrokers IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Blitzbrokers Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with Blitzbrokers

As Blitzbrokers is regulated by Securities and Futures Commission (SFC).

As a new client of Blitzbrokers, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Blitzbrokers in your region. During the Blitzbrokers account opening process, you will be asked to provide Blitzbrokers with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Blitzbrokers have the following documents available.

  • Blitzbrokers require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Blitzbrokers compliance. This must be dated within the last six months.
  • If you plan to fund your Blitzbrokers account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Blitzbrokers platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Blitzbrokers Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Blitzbrokers's platform.

However, remember that you won't be able to make trades on Blitzbrokers until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Blitzbrokers KYC compliance process as soon as possible to avoid any delays in accessing the Blitzbrokers platform's features.

It is important to note that Blitzbrokers may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Blitzbrokers platform and features immediately. However, you must pass the verification process to start live trading with Blitzbrokers, which can take up to a few business days.

To start the process of opening an account with Blitzbrokers you can visit the Blitzbrokers trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.blitzbrokers.com/ on September 21, 2023.

Is Blitzbrokers A Good Broker?

We have spent over 5 years examining Blitzbrokers in depth. Although we found some very useful aspects of the Blitzbrokers platform that would be useful to some traders. We feel that a alternative to Blitzbrokers may better suit you.

  • Blitzbrokers have a good track record of offering Forex trading.
  • Blitzbrokers has a history of over 41 years.
  • Blitzbrokers has a reasonable sized customer support of at least 10.
  • Blitzbrokers are regulated by the Securities and Futures Commission (SFC). Blitzbrokers is subject to strict regulatory oversight from its respective jurisdiction, which holds Blitzbrokers (the broker) accountable for misconduct. This regulatory framework helps ensure that Blitzbrokers operates fairly and transparently and provides Blitzbrokers customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Blitzbrokers.
  • Blitzbrokers have regulation from reputable regulators.
  • One of the advantages of using Blitzbrokers is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Blitzbrokers are particularly important as Blitzbrokers traders want to receive their money quickly. With the efficient Blitzbrokers payment processing system, traders can enjoy faster access to their Blitzbrokers funds.
  • Blitzbrokers have an international presence in multiple countries. Including local Blitzbrokers seminars and training.
  • Blitzbrokers can hire people from various locations in the world who can better communicate in your local language.

Blitzbrokers Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Blitzbrokers not quite right?

If after reading this Blitzbrokers review, Blitzbrokers does not fulfill your needs check out these Blitzbrokers Alternatives.

Click here to view the best Blitzbrokers Alternatives

We have spent years researching the best alternatives to Blitzbrokers. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective Blitzbrokers alternatives available today. If you are unsatisfied with Blitzbrokers or want to explore other options, we recommend checking out our carefully curated list of highly-rated Blitzbrokers alternatives. Follow the links below to learn more about these Blitzbrokers broker alternatives and choose the one that best suits your trading needs.

Related Blitzbrokers Vs Comparisons

Throughout our comprehensive Blitzbrokers review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Blitzbrokers against other popular brokers in the industry, check out our Blitzbrokers Vs pages. Our team has compiled a series of detailed Blitzbrokers comparison articles, pitting the Blitzbrokers platform against some of the best-rated Blitzbrokers competitors in the market. Dive into our informative Blitzbrokers Vs pages below to find out how Blitzbrokers stacks up against other leading brokers.

Blitzbrokers review
BLITZBROKERS Frequently Asked Questions

Read our detailed Blitzbrokers FAQ Section updated for 2023.

Can I try Blitzbrokers?

Blitzbrokers offer a demo account so you can try the Blitzbrokers platform with virtual trading before you put down a payment. Virtual trading with Blitzbrokers is zero risk. Learn more here

What funding methods do Blitzbrokers accept?

Please note that the list of payment methods below depends on the Blitzbrokers Entity and the client's Country of Residence.

Blitzbrokers offer the following funding payment methods Skrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

Is Blitzbrokers safe?

Blitzbrokers have over 10,000 users. Blitzbrokers are considered reliable as they are regulated by and checked for conduct by the Securities and Futures Commission (SFC). Any payments funded to Blitzbrokers accounts by traders are held in a segregated bank account. For added security,Blitzbrokers use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Blitzbrokers is risky, and because the market is so volatile, losses could happen at any time.

Your capital is at risk

Is Blitzbrokers trading good?

Blitzbrokers is considered good and reputable to trade with Blitzbrokers. Blitzbrokers is used by over 10,000 traders and Blitzbrokers users. Blitzbrokers offers Forex trading. Minimum deposit with Blitzbrokers is 1.

Is Blitzbrokers trading Legit?

Blitzbrokers was founded in Hong Kong in 1982. Blitzbrokers has been facilitating trade on the financial markets for over 41 years. Blitzbrokers offers clients Forex trading. All funds deposited to Blitzbrokers are held in segregated bank accounts for security. Blitzbrokers is regulated by Securities and Futures Commission (SFC) so can be considered legit.

Is Blitzbrokers a good broker?

Blitzbrokers allows Forex trading. Blitzbrokers is overseen by the top tier financial regulators Securities and Futures Commission (SFC) so can be considered a good broker.

Is Blitzbrokers trustworthy broker?

Blitzbrokers is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Blitzbrokers, money is in a segregated bank account that is separate from Blitzbrokers company's funds. As a regulated broker, Blitzbrokers cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Blitzbrokers. Instead, your Blitzbrokers funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Blitzbrokers. Also Blitzbrokers is regulated in its local jurisdictions including major financial regulators like Securities and Futures Commission (SFC).

What is the minimum deposit for Blitzbrokers?

The minimum deposit to trade with Blitzbrokers is 1.

How long do Blitzbrokers withdrawals take?

Withdrawing money from Blitzbrokers processing time varies depending on the method but averages 1-5 days.

Is Blitzbrokers regulated?

Blitzbrokers is regulated by the Securities and Futures Commission (SFC). Regulatory bodies conduct regular reviews and audits as part of Blitzbrokers maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Blitzbrokers a market maker?

Blitzbrokers is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Blitzbrokers even if no buyer or seller is lined up.

How can I start trading with Blitzbrokers?

When opening a trading account with Blitzbrokers, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Blitzbrokers trading platforms, you can follow the link provided below: Learn more about signing up with the Blitzbrokers trading platform here. This will provide useful information and insights into the various trading platforms offered by Blitzbrokers, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Blitzbrokers?

Yes your money is safe with Blitzbrokers.

Overall, strict financial regulation is essential for ensuring that trading platforms like Blitzbrokers operate fairly, transparently, and responsibly, which ultimately benefits all Blitzbrokers stakeholders involved.

Trading platforms like Blitzbrokers must have strict financial regulation for several reasons:

  • Protecting Blitzbrokers Investors: Strict financial regulation ensures that investors who use the Blitzbrokers trading platform are protected against fraudulent or unethical behavior by the Blitzbrokers platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Blitzbrokers platform.
  • Maintaining Blitzbrokers Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Blitzbrokers trading platform. Regulatory procedures reduce the likelihood of the Blitzbrokers platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Blitzbrokers Transparency: Regulations require trading platforms like Blitzbrokers to maintain detailed records and disclose Blitzbrokers client information. Financial regulatory requirements enhances transparency and helps to build trust between the Blitzbrokers platform and its investors.

Blitzbrokers is regulated by the Securities and Futures Commission (SFC). When selecting a broker such as Blitzbrokers, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Blitzbrokers ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Blitzbrokers.

Is Blitzbrokers a con?

Blitzbrokers is regulated and well established, having been in business for over 41 years. Blitzbrokers is not a con.

Can you make money with Blitzbrokers?

Although traders have had great success with Blitzbrokers, trading on the financial markets with Blitzbrokers is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Blitzbrokers have fees?

Blitzbrokers withdrawal fees vary on payment method.Blitzbrokers does charge a fee for inactive accounts. Blitzbrokers do charge deposit fees.

When was Blitzbrokers founded?

Blitzbrokers was founded in 1982.

How many people use Blitzbrokers?

Blitzbrokers is used by over 10,000 registered Blitzbrokers users.

What is Blitzbrokers Headquarters country?

Blitzbrokers has its head quarters office in Hong Kong .

Does Blitzbrokers offer negative balance protection?

Blitzbrokers does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does Blitzbrokers offer guaranteed stop loss?

Blitzbrokers does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Blitzbrokers allow scalping?

Blitzbrokers offers scalping.

Does Blitzbrokers allow hedging?

Blitzbrokers does not offer hedging.

Does Blitzbrokers offer CFD trading?

Blitzbrokers does not offer CFD trading.

Does Blitzbrokers offer STP?

Blitzbrokers offers STP trading.

How many people use Blitzbrokers?

Blitzbrokers is used by over 10000 Blitzbrokers users and traders.

Is Blitzbrokers an ECN broker?

Blitzbrokers offers ECN trading.

Does Blitzbrokers offer a demo account?

Blitzbrokers offers a demo account.

Does Blitzbrokers offer an Islamic account?

Blitzbrokers offers an Islamic account.

What are the funding methods for Blitzbrokers?

Please note that funding methods and options available with Blitzbrokers can be found in the Blitzbrokers Members area and depend on the Blitzbrokers clientโ€™s country of residence. Please check your specific available payment methods on the Blitzbrokers website. Blitzbrokers accept the following funding methods : Skrill, Neteller.

Blitzbrokers review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Blitzbrokers brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Blitzbrokers review written by Mark Hansen of Comparebrokers.co