Baazex Forex Broker

BaazexReview SummaryFounded2022Registered Country/RegionUnited Arab EmiratesRegulationNo regulationMarket InstrumentsForexCommoditiesIndicesStocksCryptocurrenciesFuturesDemo Account✅LeverageUp to 1:400SpreadFrom 1.4 pipsTrading PlatformMT5Min Deposit$100Customer SupportEmail: support@baazex.comSocial Media: Facebook, Twitter, InstagramOnline chat: 24/7Baazex Information Baazex is a securities firm incorporated in 2022 and registered with the United Arab Emirates. It provides traders with 1500+ trading instruments, in addition to providing 3 kinds of accounts, support MT5, support 0 commission starting. But it is currently unregulated and its safety is not guaranteed.Pros and ConsProsCons1500+ trading instrumentsNo regulationStarting from 0 commissionSupport MT5Is Baazex Legit? Baazex, which was registered on its official website in 2022, is currently unregulated.What Can I Trade on Baazex? Baazex says it has 1500+ trading instruments. Including foreign exchange, EUR/USD, UK pound/ USD, and Australian dollar/Japanese yen and other currency pairs; stocks of companies such as Apple, Meta, Disney, LVMH and Tesla that can be traded;commodities such as oil, gold, silver and coffee; You can also trade indices; cryptocurrencies and futures.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Stocks✔Cryptocurrencies✔Futures✔Bonds❌ETF❌Account Types Baazex offers 3 types of accounts-CLASSIC ACCOUNT, VIP ACCOUNT and ECN ACCOUNT. The minimum deposit range for these three accounts is $100 to $10,000. The starting spread range is 0.1pips to 1.4pips. In addition, only ECN accounts require commission.Account TypesClassic AccountVIP AccountECN AccountLeverageUp to 1:400Up to 1:400Up to 1:400Minimum Deposit$100$5,000$10,000Minimum Lots0.010.010.01Spread from1.4 pips0.9 pips0.1 pipsCommissionNoNoYesAll Strategies AllowedYesYesYesSwap-free Islamic Account OptionYesYesYesBaazex Fees The three accounts have a starting spread range of 0.1pips to 1.4pips, and only ECN accounts require commission.Trading Platform Baazex offers the MT5 trading platform, which can be used by traders on both desktop and mobile.Trading PlatformSupportedAvailable DevicesSuitable forMT5✔Desktop, MobileSkilled traderMT4❌MT5❌Deposit and Withdrawal The brokerage payment contains BANK TRANSFER, Mastercard, VISA, Skrill, Tether and NETELLER.