In the present work we have studied the thermal stability, flammability, and fume evolution of epoxy matrix composites with different types and amounts of hardeners, fillers, plasticizers, and fire retardants. It is shown that chemical composition of fillers has little effect on the flammability of epoxy composites when the content of mineral fillers is less than 45 % by mass. Smoke formation decreases linearly with increase of the filling degree. It is shown that to obtain low-combustible materials the oxygen index should exceed 31 %. It was found that the optimal concentration of industrial brominated fire retardants is 8-10 % by mass. To reduce the flammability of epoxy composites, additive brominated fire retardants in the form of a solution in N,N-dimethyl-2,4,6-tribromoaniline have been proposed. The high efficiency of acetyl-and α-hydroxyethyl ferrocene as a smoke suppressor of epoxy composites is shown.