BLITZ EXCHANGE has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.blitzex-change.org.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. BLITZ EXCHANGE recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Responsive team|Competitive fees|Comprehensive tools
Cons: Research section could be deeper|No live chat on mobile
I wanted to transfer my portfolio from another broker to BLITZ EXCHANGE. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Automated trading options|Clean UI|Risk management tools
Cons: Desktop app not available on Linux|Charting tools need more indicators
I found BLITZ EXCHANGE after attending a webinar they hosted and the initial impression was positive. But for over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Educational resources|Clean UI
Cons: Wish they had more educational resources
I trusted BLITZ EXCHANGE with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Comprehensive tools|Transparent fees|Great customer service
Cons: Onboarding videos are outdated
I signed up with BLITZ EXCHANGE after my brother mentioned them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Instant funding|Low minimum deposit|Personal attention
Cons: None so far
Where do I even begin with BLITZ EXCHANGE? since the beginning of the year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Intuitive for beginners|Copy trading available
Cons: No fractional shares
I was contacted by BLITZ EXCHANGE through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Blocked my account|No legitimate license|Fake returns
After spending for close to eighteen months trying to make BLITZ EXCHANGE work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Wide product range|Dividend tracking
Cons: None so far
I had a dispute with BLITZ EXCHANGE and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Segregated accounts|Professional team
Cons: Onboarding videos are outdated
The spread at BLITZ EXCHANGE is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a podcast recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Reliable uptime|No hidden fees|Excellent charting
Cons: No live chat on mobile|Limited ETF selection