BAXTER Forex Broker

BAXTERReview Summary Founded1998 Registered Country/RegionAustralia RegulationNo regulation Market InstrumentsCurrency Demo Account✅ Leverage/ Spread/ Trading PlatformCurrenex, Hotspot and FxAll Min Deposit/ Customer SupportContact form Tel: Dublin (24 hours) : +353 1531 4232; Sydney: +612 9279 0718 Email: info@baxter-fx.com Address: Level 3, 80 Clarence St. Sydney NSW 2000 BAXTER is a currency broker registered in 1998 in Australia. It has three trading platforms, and each of them are connected. However, it is not regulated, and it does not reveal much information about accounts and trading details.Pros and Cons Pros Cons Demo accountsLack of regulation Managed trading services offeredLimited information about accounts Clear fee structureNo Islamic account Multiple trading platforms to choose fromExecution fees charged Various channels for customer supportNo MT4 or MT5Is BAXTER Legit? No, BAXTER is not regulated. Besides, the current status shows that activities such as client transferring and updating are prohibited. Please be aware of the risks!What Can I Trade on BAXTER? BAXTER enables customers to trade currency. However, it is not clear whether other types of products are available or not.Managed Accounts BAXTER does not mention its account types. What is clear is that demo accounts are available, and BAXTER offers services on managed accounts, which means that customers can ask traders to execute trading for them.BAXTER Fees BAXTER charged execution fees and clearing fees.Execution Fees FX PlatformFee All platforms$5 per 1,000,000 traded FXAll$3.9 per 1,000,000 tradedClearing Fees Average Daily VolumeFee 0-25 M$15 25-50 M$10 50-250 M$8 250-500 M$6 500 M+$5Trading Platform BAXTER uses 3 types of platforms, including Currenex, Hotspot, and FxAll. Trading PlatformSupported Available Devices Suitable for Currenex✔Web/ Hotspot✔Web/ FxAll✔Web/ MT4❌/Beginners MT5❌/Experienced traders