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Blitzbrokers Guide – Read our In-Depth Blitzbrokers Review

This Blitzbrokers review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Blitzbrokers review does not apply to US users.

This Blitzbrokers review contains the latest information about Blitzbrokers.

If you're a new entrant in the world of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of brokerage since you keep trading. For starters, you need to select the ideal broker who will be clear with you constantly.

In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program will create hefty returns. Blitzbrokers is one such stage which will take you along with your investment to great heights. It's crucial to understand all about Blitzbrokers before you trust them with your cash.

Blitzbrokers review

Our full Blitzbrokers Review covers everything you will need to know about trading using Blitzbrokers. A fantastic agent can multiply your initial investments and provide you positive profits. If you want to make profits, you must trade with a brokerage service that aligns with your investing goals.

There is no sure-fire method to ensure profits; thus, you must carefully assess your broker before you choose them. It is a frequent misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.

Blitzbrokers is a broker which has forged its way successfully to the broker world. In this review, we've attempted to collate some of the vital aspects of Blitzbrokers. This review can help you to understand whether Blitzbrokers is a good fit for your investments or not. We've attempted to breakdown all of the features and fees for your convenience.

Blitzbrokers Review, Table Of Contents

Who are Blitzbrokers?

Blitzbrokers is a forex broker headquartered in Hong Kong and provides a range of tools for trading. Since its beginning in 1982, Blitzbrokers has emerged as a top-tier player in the industry of online brokerage. Blitzbrokers has a highly competitive and full-featured trading website that is focused on forex, indices, metals, stocks and commodities.

Over the past 39 years, Blitzbrokers has grown into one of the leading online brokers.

After establishing in 1982, their customer base is becoming as large as 10,000+ clients.

Blitzbrokers is a favorite for many traders.. Our Blitzbrokers review found that they're an excellent choice for automated trading options. It's best suited for investors that are looking for an assortment of assets. Social and automated trading options are the heart at Blitzbrokers.

Technology plays a substantial role at Blitzbrokers. Blitzbrokers features trading on Desktop,WEB,Android. Blitzbrokers is honest, transparent, and also a well-regulated broker by the Securities and Futures Commission (SFC). Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also supply in-house analysis.

The trader resource department at Blitzbrokers is quite enlightening for new traders since it permits them to get a closer look in the financial markets. Blitzbrokers caters to all sorts of traders and are a must-have broker for any well-diversified approach to trading.

Benefits of doing online trading with Blitzbrokers?

Trading with Blitzbrokers includes many benefits. These benefits are what sets Blitzbrokers apart from all other online agents. You should check all of the advantages listed so you have a better understanding of Blitzbrokers.

The broker goes to great lengths to comprehend what traders need. Consequently, the support cost is low, quick, and convenient. The agent also gives a number of platforms for all kinds of traders. Blitzbrokers ensures that the individual needs of all online traders are duly met.

Blitzbrokers also features excellent trading conditions that are available to only an elite class of institutional customers. The tight spreads and quick executions are a great advantage for those traders. The technology embraced by Blitzbrokers is of the highest caliber, ensuring that it's fast, reliable, and effective.

Blitzbrokers acknowledges the significance of owning a quick order execution. A fast implementation will allow users to trade without worrying about slippage safely. It will also aid the traders to catch the maximum profitable opportunities.

Automated trading is another important facet of Blitzbrokers. A new trader can learn from business experts using the automated trading option. The tight spread starts from as low as 0.0 pips, though they are offered for just razor accounts.

Blitzbrokers has over 59 trading tools to support all types of traders. These tools are lively and suitable for both the new and experienced traders. The dealers can put aside all their worries when trading using Blitzbrokers.

Blitzbrokers overview

Year Founded: 1982

Regulated By: Securities and Futures Commission (SFC)

Hedquarters: Hong Kong

Minimum Deposit: $1

Number Of Clients: 10,000+

Your capital is at risk

If you feel that Blitzbrokers is not right for you then at the bottom of this Blitzbrokers review you wil find a lot of alternatives to Blitzbrokers.

Everything you ought to know about trading using Blitzbrokers

Blitzbrokers is a lively platform that offers various methods of trading online. These tools cover the financial markets substantially. Most of the broker platforms provide less methods than Blitzbrokers

If you wish to exchange with Blitzbrokers, you will require a minimum deposit of $1. This deposit is compulsory if you would like to begin trading with Blitzbrokers. This 2021 Blitzbrokers review will direct you safely about trading with them.

Blitzbrokers is as versatile as another brokerage platform. Blitzbrokers is great for traders that want a manageable selection of low-cost services. The platforms provided by Blitzbrokers are third-party, white-label offerings. All traders can choose from Desktop,WEB,Android.

Along with everything, Blitzbrokers has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a transaction must be kept open. The brokers offer premium client service that rewards clients with benefits.

Many unethical brokers try to pressurise customers into bigger funding for premium services. Blitzbrokers, on the other hand, is more concentrated on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more benefits will become available.

Blitzbrokers accounts are available around the world and provides quality service wherever they have customers. There are some select few countries where Blitzbrokers accounts are not available. Traders in the following countries cannot open or use a Blitzbrokers account:

Is Blitzbrokers Safe To Trade With?

Launched in 2006, Blitzbrokers has been in operation for 39 years, they are headquarted in Hong Kong.

Blitzbrokers is regulated by Securities and Futures Commission (SFC). These figures have rules that make sure that trading platforms have measures in place to keep investor's assets procured. This means that Blitzbrokers users don't need to worry about their money as it is segregated and safely stored in established banks. SSL encryption simplifies each user's private information as well.

You can make use of an option for Two Factor Authentications (2FA) with Blitzbrokers for heightened security. An SMS with the verification code will be sent to your phone. You will be required to input this code to log in to your account.

Another concern with fiscal brokers with regards to safety might be manipulation of trading. This is highly disadvantageous to consumers on those platforms. Nonetheless, this is much more prevalent in the case of Market Maker brokers who compete with users on the stage.

Pro's & Con's Of Trading With Blitzbrokers

Every online trading platform has a few pros and cons Blitzbrokers review would be complete without having a balanced approach. This Blitzbrokers review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Blitzbrokers Pro's

  • Blitzbrokers is trusted by 10,000+ clients
  • Blitzbrokers doesn't charge withdrawal fees
  • Blitzbrokers doesn't charge inactivity fees
  • Blitzbrokers doesn't charge deposit fees
  • Blitzbrokers doesn't charge CFD fees
  • Blitzbrokers offer trading on Desktop,WEB,Android
  • Blitzbrokers offer 59 trading instruments
  • Blitzbrokers trades major forex pairs
  • Blitzbrokers can communicate in

Blitzbrokers Con's

  • Blitzbrokers does not offer Negative Balance Protection
  • Blitzbrokers does not offer Guaranteed Stop Loss
  • Blitzbrokers doesn't trade minor forex pairs
  • Blitzbrokers doesn't trade exotic forex pairs
  • Blitzbrokers doesn't offer trading on cryptocurrencies

Blitzbrokers Review - Compare Brokers Similar To Blitzbrokers

Blitzbrokers Finmax VPE Bank ForexTB
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $1 $0 $5000 $250
Year Founded 1982 2008 2008 2015
Headquarters Hong Kong Bulgaria Germany Cyprus
Regulated By Securities and Futures Commission (SFC) Financial Services Authority (FSA) The Federal Financial Supervisory Authority Bundesanstalt f?r Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA) Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15
Clients 10,000+ 10,000+ 10,000+ 5,000+
Find Out More
Risk Warning Your capital is at risk Your capital is at risk Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor

Blitzbrokers Review - Regulation And Licencing In More Detail

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

Blitzbrokers, as a company, has a strong set of rules for ensuring honest trading on its own platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).

As per the company's privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

Blitzbrokers Review - Awards

    At the time of writing this Blitzbrokers review, they had not received any awards.

Blitzbrokers Review - Minimum Deposit Required

The minimum deposit you need to begin on Blitzbrokers is $1. This is an adequate amount for people just beginning. You can create more complex deposits as you cooperate. But, make certain that you understand how to make the most of your cash before investing in larger amounts.

Blitzbrokers Review - Commission And Fees Explained

Blitzbrokers is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the number of clients they have.

However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of fees for this purpose.

The first sort of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In these instances, you're spending a spread, funding speed, or a commission. The sorts of trading charges and the rates differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Funding or overnight prices are people that are billed when you hold a leveraged position for longer than a day.

Aside from trading charges, online agents also charge non-trading fees. These are determined by the actions you undertake on your accounts. They are charged for operations like depositing cash, not investing for long periods, or withdrawals.

Generally, Blitzbrokers does not charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who regularly trade, for example daily or weekly trading.

However, non-trading fees billed by Blitzbrokers are relatively greater. Consequently, you are charged more for non-trading actions on your trading account, such as withdrawal and deposits. These are not related to the purchase and sale of assets.

This Blitzbrokers review breaks down each of the relevant non-trading charges for you in detail.

Compare broker fees against Blitzbrokers

Blitzbrokers Finmax VPE Bank ForexTB
Minimum Deposit $1 $0 $5000 $250
Withdrawal Fees $3 variable variable variable
Inactivity Fees No
Deposit Fees No
CFD Fees Yes

Blitzbrokers Review - Withdrawal Fees Explained

Blitzbrokers doesn't charge withdrawal fees

Withdrawal of cash is possible at any time from the Blitzbrokers account. It's possible to withdraw up sums to the sum of your account balance, keeping aside the margin utilized. 1 thing to remember is that you don't necessarily have to have any cash on your account.

Moreover, the withdrawn money will be transferred directly to the accounts you use to create deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn money is going to be sent into the card. Blitzbrokers will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In case you're withdrawing cash in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you're choosing to draw in.

Blitzbrokers Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of the buzzing questions which run through your mind when open an account with Blitzbrokers. An inactivity fee is an amount charged to registered dealers who haven't engaged in buying or selling for a while. The period regarded as inactive is decided by the agent.

The inactivity fee also differs from 1 broker to another and isn't generalized. If a dealers account does not have a purchasing or selling transaction, it's maintained by the agent as an inactivity charge. The traders need to pay this fee under conditions and terms that they had agreed while enrolling.

Blitzbrokers doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no charges have been implied by Blitzbrokers, it is better that you close the account if you're inactive. Inactivity fees aren't only charged by broker firms but also many financial services.

For other trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is subjected to a lot of circumstances and should be disclosed clearly by the agent beforehand.

Blitzbrokers Review - Deposit Fees Explained

When you move money into your trading account from the bank account, a deposit fee can be charged by the broker. Most brokers do not charge too much money for this operation.

Blitzbrokers doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Blitzbrokers trading platform is simple. You simply need to complete a single-user profile survey to start depositing money into your trading account. You'll need to provide an identity evidence and proof of residency to deposit large sums.

Blitzbrokers Review - Compare Broker Deposit Methods

Blitzbrokers Finmax VPE Bank ForexTB
Minimum Deposit $1 $0 $5000 $250
Credit Card

What Can You trade With Blitzbrokers?

Note: Blitzbrokers provides many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered can differ based on the country of residence of the client.

Blitzbrokers has a wide variety of over 59 instruments available for you to trade with.

If trading forex pairs is of interest to you then Blitzbrokers offer over currency pairs.

Compare Blitzbrokers, Finmax, VPE Bank & ForexTB below.

Blitzbrokers Finmax VPE Bank ForexTB
Platforms Desktop, WEB, Android MT4, MT5 MT4, MT5 MT4, Web Trader, Tablet & Mobile apps
Instruments Available 59 99 251 100
Forex & Crypto
Forex Pairs Available 50
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? No No No Yes
Offers Exotic Forex Pairs? No Yes No Yes
Offers Cryptocurrencies? No Yes No Yes
Commodity CFD's
Commodities Offered 0 0 0 0
Trade Metals? No Yes Yes No
Trade Energies? No Yes Yes No
Trade Agricultural? No Yes Yes No
Indiced & Stock CFDs
Stocks Offered 0 0 0
Trade UK Shares? Yes Yes Yes No
Trade US Shares? No Yes No No
Trade German Shares? No No No No
Trade Japanese Shares? No No No No

Your capital is at risk

Your capital is at risk

Your capital is at risk

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor

Alternatives To Blitzbrokers

If, after reading this Blitzbrokers review, Blitzbrokers does not quite meet your needs check out these Blitzbrokers alternatives.

We've scoured the web to find the best alternatives to Blitzbrokers. Click the links below to find out more.

Frequently Asked Questions about Blitzbrokers

Can I try Blitzbrokers before I buy?

Yes, you can most certainly try Blitzbrokers before you buy. Blitzbrokers offers demo accounts for the ease of beginner traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.

If you sign up to get a demo account on Blitzbrokers, you will set out with a decent amount of virtual money. It's to establish a sense of safety and confidence in you until you choose to spend your own money.

With this digital Blitzbrokersdemo account, you can experiment at all, to whatever length you desire. You can even start positions, examine different trading strategies, and much more.

Blitzbrokers specifies on its official site that you are able to trade real time stocks in a demo account.

Is Blitzbrokers safe?

You can drop all your worries because we believe that Blitzbrokers is completely safe to use. It's in compliance with the principles of Securities and Futures Commission (SFC).

Even so, Blitzbrokers doesn't provide assured stop-loss protection.

Why does Blitzbrokers ask for my passport?

The reason that Blitzbrokers asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Blitzbrokers has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Blitzbrokers must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Blitzbrokers?

The process to start trading withBlitzbrokers is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Blitzbrokers website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Blitzbrokers is $1. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Blitzbrokers.

The best way to kickstart your trading career with Blitzbrokers is to open a demo account facility before risking any real money

What funding methods do Blitzbrokers accept?

There are a number of methods to fund your accounts with Blitzbrokers. The process is effortless and quick, with different payment methods in your fingertips.

You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must keep in mind that PayPal is not available in all place. The monies Blitzbrokers

Is my money safe with Blitzbrokers?

Yes, your money is safe and secure with Blitzbrokers. As you already know, Blitzbrokers works with good conformation to. It has established plenty of measures to guard all of its own investors.

Blitzbrokers safeguards its clients' private and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.

If you wish to further safeguard your accounts, it is possible to empower Two-Step Verification as well. It requires an SMS affirmation that you get your account.

Is Blitzbrokers trading good?

Yes, trading through Blitzbrokers is a pleasant and decent experience indeed. It's an excellent and intuitive platform with helpful features for your ease. Moreover, you can also gain access to a vast selection of educational tools and assistive material to kickstart your trading expertise.

If you are still skeptical, it is possible to start a eToro demo account and evaluate the trustworthiness of the platform for yourself.

Which Countries does Blitzbrokers support?

Blitzbrokers operates around the world. However, due to regulations there are some countries that Blitzbrokers can't accept clients resident in

Is Blitzbrokers legit?

Blitzbrokers is a legit company headquarted in Hong Kong since 1982. They are regulated by Securities and Futures Commission (SFC). Blitzbrokers is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Blitzbrokers a good broker?

Blitzbrokers is an excellent agent, and its own users can vouch for it. The highlight of the platform is its quick order execution on transactions.

You'll discover the clean layout of this platform and the commendable features a pleasure to work with.

Is Blitzbrokers a trustworthy broker?

Yes, Blitzbrokers is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Blitzbrokers?

The minimum deposit to open a live account with Blitzbrokers is $1

How long do Blitzbrokers withdrawals take?

Normally, withdrawal of money from Blitzbrokers is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Blitzbrokers to show in your bank account.

Are Blitzbrokers regulated?

Blitzbrokers are regulated by Securities and Futures Commission (SFC)

Is Blitzbrokers a market leading broker?

Blitzbrokers is indisputably among the industry leaders. It has over 10,000+ registered users and over 39 years of experience on its record. They're one of the world's top trading platforms and a prominent figure in the Fintech revolution.

It majorly owes this standing to its unbelievable platform and wide range of tools plus resources so that you can put money into capital markets.

Is Blitzbrokers a con?

No, Blitzbrokers is not a con. They are regulated by Securities and Futures Commission (SFC) and must adhere to their rules. Thus, it is safe to say that Blitzbrokers is not a scam.

Can you make money with Blitzbrokers?

Using Blitzbrokers, several traders make a lot of money. But typically, through continual trading, you also can create between 2% - 10% profit a month.

This can look like a small number, but within the year, this adds to a significant number of gains. Even though Blitzbrokers supply you all the tools to make money, they can't guarantee you will gain.

Does Blitzbrokers have fees?

Yes. To start trading using Blitzbrokers, you have to deposit $1. Certain commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.

When was Blitzbrokers founded?

Blitzbrokers was founded in 1982 in Hong Kong. Blitzbrokers is regulated by Securities and Futures Commission (SFC).

How many people use Blitzbrokers?

Blitzbrokers is a worldwide recognised agent with 10,000+ customers.

Where is the Blitzbrokers head office?

Blitzbrokers has its head office in Hong Kong

Does Blitzbrokers offer negative balance protection?

No. Blitzbrokers does not provide negative balance protection. If your balance is negative, Blitzbrokers suggests you promptly contact customer services. For this, you are able to fix any imbalances within your own account.

Does Blitzbrokers offer guaranteed stop loss?

Blitzbrokers regrettably, does not provide guaranteed stop loss. Blitzbrokers provides a chance to its dealers to close their trades at their specified price. Aside from this, Blitzbrokers doesn't provide guaranteed stop loss.

Does Blitzbrokers allow scalping?

Yes, Blitzbrokers do allow scalping. Several traders across the world choose Blitzbrokers due to their scalping services. They offer trading on Desktop,WEB,Android which allow this.

Does Blitzbrokers allow hedging?

Yes, Blitzbrokers does allow hedging.

Can you trade energies with Blitzbrokers?

No, unfortunately you cannot trade energy stock with Blitzbrokers

Can you trade agricultural shares with Blitzbrokers?

No, unfortunately you cannot trade agricultural stock with Blitzbrokers

Can you trade cryptocurrency with Blitzbrokers?

No, unfortunately you cannot trade cryptocurrency with Blitzbrokers

Can you trade metals with Blitzbrokers?

No, unfortunately you cannot trade metals with Blitzbrokers

Can you trade UK Shares with Blitzbrokers?

Yes, you can trade UK shares with Blitzbrokers

Can you trade US Shares with Blitzbrokers?

No, unfortunately you cannot trade US shares with Blitzbrokers

Can you trade Japanese Shares with Blitzbrokers?

No, unfortunately you cannot trade Japanese shares with Blitzbrokers

Can you trade German Shares with Blitzbrokers?

Yes, you can trade German shares with Blitzbrokers

Does Blitzbrokers accept bank transfers?

No, Blitzbrokers does not accept bank transfers.

Does Blitzbrokers accept credit cards?

No, Blitzbrokers does not accept credit cards.

Does Blitzbrokers accept PayPal?

No, Blitzbrokers does not accept PayPal.

Does Blitzbrokers accept Skrill?

No, Blitzbrokers does not accept Skrill.

Does Blitzbrokers accept Payoneer?

No, Blitzbrokers does not accept Payoneer.

Does Blitzbrokers accept Neteller?

No, Blitzbrokers does not accept Neteller.

Does Blitzbrokers offer Live Chat customer support?

No, Blitzbrokers does not offer customer support through live chat.

Does Blitzbrokers offer phone customer support?

No, Blitzbrokers does not offer customer support over the telephone.

Does Blitzbrokers offer email customer support?

No, Blitzbrokers does not offer customer support through email.

What languages can Blitzbrokers communicate in?

Blitzbrokers has the ability to communicate and support customers who speak:

Does Blitzbrokers have a wikipedia page?

No, Blitzbrokers does not have an official wikipedia page.

Does Blitzbrokers offer demo accounts?

Yes, Blitzbrokers offers demo accounts so you can learn their systems before risking any real money.