Score

1.48 /10
Danger

BAQuote

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 13

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.79

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

BAQuote Ltd.

Company Abbreviation

BAQuote

Platform registered country and region

Marshall Islands

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    BAQuote · Company summary

    Note: BAQuote's official website: https://baquote.com/ is normally inaccessible.

    BAQuote Information

    BAQuote is an unregulated brokerage company registered in Marshall Islands. While the broker's official website has been closed, so traders cannot obtain more security information.

    BAQuote Information

    Is BAQuote Legit?

    BAQuote is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

    Is BAQuote Legit?

    After a Whois query, we found that this company's domain name is for sale, which shows that it has not registered it securely.

    Is BAQuote Legit?

    Downsides of BAQuote

    • Unavailable Website

    BAQuote's website is inaccessible, raising concerns about its reliability and accessibility.

    • Lack of Transparency

    Since BAQuote does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

    • Regulatory Concerns

    BAQuote is not regulated, which is less safe than a regulated one.

    Conclusion

    BAQuote Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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