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BAXIA MARKETS Forex broker specializes in providing foreign exchange trading services, the company's official website https://secure.baxiamarkets.com/register, the company's legitimate regulatory information SeychellesFSARetail Forex License,BahamasSCBRetail Forex License, to enhance the security of the company's address CT House, Office 5E Providence, Mahe Seychelles..

BAXIA MARKETS Forex Broker

Basic information

Registered region
Seychelles
Operating period
--
Company Name
BAXIA MARKETS
Abbreviation
BAXIA MARKETS
Company employee
--
Customer Service Email Address
support@baxiamarkets.com
Contact number
+441392580012
Company address
CT House, Office 5E Providence, Mahe Seychelles.
Keywords
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Bahamas Retail Forex License Revoked
Medium potential risk
Offshore Regulated

Company profile

  General Information

  Registered in the United States, Baxia Markets is a forex broker providing easy access to a massive financial market, Forex, Shares, Cryptocurrencies, Indices. With the Baxia Markets platform, investors can get access to two spanading accounts: Zero and Standard, and the maximum trading leverage that can be used is up to 1:500.

  Baxia Markets is not authorized or regulated by any regulatory authority. Please be aware of the risk.

  Market Instruments

  With the Baxia Markets platform, four classes of trading instruments can be traded, such as Forex Pairs, Indices, Metals, Energy.

  

  Account Types

  Baxia Markets provides two types of trading accounts, Standard and Zero. The standard account is an ideal choice for traders who prefer conventional spread pricing without having to deal with commission fees in their trading types. The Zero account is more suispan for professional traders and scalpers who are looking for the lowest spreads available. Two types of trading accounts provide different offerings concerning spreads, commissions, and account services.

  Apart from live accounts, demo accounts and Islamic accounts are also available for beginners to try this platform and practice their trading skills.

  How to open an account with Baxia Markets?

  Opening an account with Baxia Markets is an easy and simple process:

  1. Click the “Create Account” link, and fill up some required details on the popping-up page.

  2. Upload your personal data for this company to verify your details.

  3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.

  Leverage

  When it comes to leverage, Baxia Markets allows its clients to use leverage of up to 1:500, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

  Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

  Spreads & Commissions

  Spreads and commissions are tightly associated with account types. Average EUR/USD spreads on the Standard account are at 1.0-1.2 pips, with no commission charged, while on the Zero account, average spreads at 0.0-0.2 pips, coming with a commission of $7 round-turn per standard lot.

  Trading Platform & Tools

  Baxia Markets boasts that it gives two trading platform options, MT4 and MT5. Some additional tools include MAM/PAMM, MultiTerminal, Forex VPS, and FIX API.

  Educational Resources

  Some educational resources can be used with the Baxia Markets platform, including an Education Center (Intro to Financial, Trading Basics, Managing Risk), Economic Calculators, Forex Calculators.

  Payment Methods

  Several payment methods from the most traditional credit/debit card to local deposits methods for clients.

  Credit/Debit Card-minimum deposit: $50 USD, 30-60 min (for funds to appear into the account)

  STICPAY-minimum deposit: $50 USD, 30-60 min (for funds to appear into the account)

  AstroPay-$50 USD, 30-60 min (for funds to appear into the account)

  Local Bank Transfer- minimum deposit: $50 USD, 2-5 business days for funds to appear into the account

  

  Customer Support

  Baxia Markets relies on its FAQ section to give clients some assistance, and you can find basic ways to cope with most trading-related problems.

  If you need staff service, you can try to get in touch with Baxia Markets through the following channels:

  Telephone:

  United Kingdom: +44 1392 58 0012

  Australia: +61 73040 6007

  Hong Kong: +852 8170 0166

  Mexico: +52 29690 3332

  Or you can join the community of this broker on some social media platforms, such as Twitter, Facebook, Instagram and Linkedin.

  Restricted Regions

  Baxia Markets does not accept US clients. US CFTC regulation prevents US clients from trading with brokers outside the US. Baxia Markets complies with International regulations.

  Risk Warning

  Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

  The information presented in this article is intended solely for reference purposes.

Rating Index

BX CENT

Minimum Deposit
$10

BX STANDARD

Minimum Deposit
$100

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Latest Reviews

0xJayce

0xJayce

Nigeria

i had a trade that was running in 630 usd profit. i tried to close the trade but couldn't. i was eventually able to close the trade but instead of receiving my total profit, the broker only gave me 235 usd. i have complain and they told me they would fix it, its getting to a week now and support isn't replying me anymore. i also have a trade that was on 70 usd profit, broker refuse me to close the trade. i tried everything i could to close the trade but it didn't work. i complained to support and we both tried everything he suggested to close the trade but it didn't work. i couldn't close my trade. support said i shouldn't worry, that he has transferred me to financial team that would reply in 6 hours time and if anything happens to the trade, they would take responsibility for it. financial team fixed the problem 7 hours later when the trade is against me. i have been waiting for response to get my profit paid to me. no response. i had a videos recorded of everything that happened and all evidence needed which i forwarded to the support email. they told me they can’t pay me my money. this broker is fraudulent

Exposure

2024-06-08

maginx

maginx

Malaysia

i dont know why , my account suddenly has been suspended ... live support not reply , last chat on friday 9/2/24 .. still no answer

Exposure

2024-02-12

เมย์7419

เมย์7419

Thailand

I get free credit from activities. I made profit up to $100 but I found a condition that I have to deposit $100 as well. Yes, I can do it, but Boker has something like this, even though I have already confirmed my id. I think I confirm that I am not passing the PFD. The file from the bank has a password, and I send the code via email, but they are still about what the customer asks. Because I have $100 profit in my account. I will be able to deposit and withdraw my profits when I verify my address. In brief, they don't let me withdraw my profits. I fall into a consumer deceit

Exposure

2023-05-25

BAXIA MARKETS Forex Broker has an overall rating of 4.73, Regulatory Index 3.92, License Index 3.92, Business Index 6.86, Software Index 4.00 Risk Control Index 7.38.