Baxia Markets Account Type

Baxia Markets offers two main account types designed to cater to different trading needs:

• BX Standard Account:
• Minimum Deposit: $50 / 920 ZAR.
• Spread: Starts from 1 pip.
• Commission: None, as all costs are included in the spread.
• Leverage: Up to 2000:1.
• Suitable For: Beginners and casual investors who prefer a straightforward trading experience without commission fees.
• BX Zero Account:
• Minimum Deposit: $50 / 920 ZAR.
• Spread: Starts from 0.0 pips.
• Commission: $7 per standard lot.
• Leverage: Up to 2000:1.
• Suitable For: Active and experienced traders who prefer raw spreads and are comfortable with paying a commission for tighter pricing.

Both accounts allow trading in various instruments including forex, metals, and indices and support popular trading platforms like MetaTrader 4 and MetaTrader 5.

Baxia Markets Broker Account Opening Process

To open an account with Baxia Markets, follow these steps:

• Visit the Website: Go to the Baxia Markets website.
• Create an Account: Click on "Create Account" or "Start Trading."
• Fill Registration Form: Provide your name, surname, country, phone number, email, and password. Agree to the terms and conditions.
• Complete Profile: After registering, complete your profile with personal information and upload necessary documents for verification.
• Choose Account Type: Select either the BX Standard or BX Zero account based on your trading preferences.
• Deposit Funds: Make a minimum deposit of $50 to start trading.
• Start Trading: Once your account is verified and funded, you can begin trading on the platform.

The account verification process may require submitting a government-issued ID and proof of address to comply with regulations.