Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

BAXIA MARKETS

Seychelles|2-5 years|
Regulated in Seychelles|Retail Forex License|Suspicious Scope of Business|Medium potential risk|Offshore Regulatory|

https://baxiamarkets.com/

Website

Rating Index

Contact

+44 1392 58 0012
support@baxiamarkets.com
https://baxiamarkets.com/
CT House, Office 5E Providence, Mahe Seychelles.

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 1392 58 0012

English

+1242 457 2211

English

+248 4373509

Broker Information

More

Company Name

BAXIA MARKETS

Company Abbreviation

BAXIA MARKETS

Platform registered country and region

Seychelles

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 3
Previous Detection : 2024-04-17
  • The Seychelles FSA regulation with license number: SD104 is an offshore regulation. Please be aware of the risk!
  • The Bahamas SCB regulation with license number: SIA-F234 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed BAXIA MARKETS also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FXGT.com

7.62
Score
2-5 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

MultiBank Group

8.59
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AUS GLOBAL

7.54
Score
5-10 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website
Pyramid scheme complaint
Expose

BAXIA MARKETS · Company Summary

basic-info

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 trading 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.

market-instruments

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 suitable 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.

account

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.

spread-commission

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

payment-methods

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.

News

Baxia Markets Is The Latest FinCom Member To Be Approved

NewsBaxia Markets Is The Latest FinCom Member To Be Approved

2023-01-23 17:59

The Financial Commission (FinCom), the forex industry's independent external dispute resolution (EDR) authority, has accepted Baxia Markets' membership application, a MetaTrader electronic communications networks (ECN) broker formed in 2020. According to a FinCom release, Baxia Markets' membership began on Wednesday, January 18.

WikiFX
2023-01-23 17:59
News
Baxia Markets Is The Latest FinCom Member To Be Approved

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

5

Comments

Write a review

Sayasiapa
more than one year
Embarrassing broker, regulated, still cheating, advice to stay away from this broker, unable to pay withdrawals
2023-02-01 19:01
Reply
0
1
RaaBbit
more than one year
Hello
2023-01-24 14:31
Reply
0
0
FX1047635657
more than one year
I have been trading this baxia markets for a month now and my current favorite is their trading platform and leverage! It offers MT4 and MT5 with up to 1:500 leverage, so I can try trading with a small deposit! I am currently using the MT4 platform, I find it easy to use and the interface is easy to interact with.
2022-11-25 19:07
Reply
0
1
意逆志
more than one year
Everyone should be careful. The broker is offshore regulated and does not have any legitimate regulations, so it would be pointless to discuss their trading conditions here.
2022-11-23 12:30
Reply
0
3
坏脾气
more than one year
One thing I’ve learned through many years of trading is to avoid trading with offshore-regulated brokers. If your put down your money here, I’m sure your will be extremely regretful for your decision. Put it simply: once your made a deposit, you can never get that money back. This Baxia Markets is what you cannot risk…
2022-11-23 10:16
Reply
1
2
3
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com