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BAXIA MARKETS -

Score

4.74 /10
Average

BAXIA MARKETS

Seychelles

5-10 years

Regulated in Seychelles

Retail Forex License

Suspicious Scope of Business

Bahamas Retail Forex License Revoked

Medium potential risk

Offshore Regulated

https://baxiamarkets.com

Influence

C

Add brokers

Comparison

Quantity 4

Exposure

Open Account
Website

Score

Regulatory Index3.92

Business Index6.95

Risk Management Index7.38

Software Index4.00

License Index3.92

Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

BAXIA MARKETS

Company Abbreviation

BAXIA MARKETS

Platform registered country and region

Seychelles

Company website

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Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 4
Previous Detection : 2025-06-23
  • BahamasSCB (license number: SIA-F234) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • The Seychelles FSA regulation with license number: SD104 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

account has been suspended

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

maginx
2024-02-12 08:57
Resolved

can't withdraw

Baxia offers a free $50 trading bonus, but there is a condition for withdrawing profit that you must deposit $100 first, meeting all conditions but still unable to withdraw both the profit and the deposited money.

Gorn27278
2023-02-25 13:17
Unable to Withdraw

address verification problem Credit bonus profit withdrawal problem

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

เมย์7419
2023-05-25 22:34
Severe Slippage

fraudulent trading activities

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

0xJayce
2024-06-08 04:39
BAXIA MARKETS · Company summary
BAXIA MARKETSReview Summary
Founded2016
Registered Country/RegionSeychelles
RegulationFSA (offshore), SCB (revoked)
Market InstrumentsForex, precious metals, crypto CFDs, energies, indices, commodities, shares
Demo Account✔
LeverageUp to 1:1000
SpreadFrom 0 pip
Trading PlatformMT5
Minimum Deposit$10
Customer SupportUnited Kingdom: +44 1392 58 0012
Bahamas: +1 242 457 2211
Seychelles: +248 4373509
Physical Address: CT House, Office 5E Providence, Mahe, Seychelles.
Live chat
Regional RestrictionsUSA, Cuba, Sudan/Republic of Sudan, Syria, Iran, Iraq, South Sudan, Venezuela, Libya, Belarus, Afghanistan, Myanmar, Russia, Crimea, Donetsk, Luhansk, Palestine, Yemen, Zimbabwe and North Korea

BAXIA MARKETS Information

BAXIA MARKETS, founded in 2016, is a brokerage registered in Seychelles. The trading instruments it provides cover currencies, precious metals, indices, energies, cryptocurrencies, stocks, commodities.

BAXIA MARKETS Information

Pros and Cons

Pros Cons
Live chat supportOffshore regulation risks
Multiple trading instrumentsRevoked license
MT5 trading platform supportedNo Islamic trading account offered
Demo account availableRegional restrictions

Is BAXIA MARKETS Legit?

BAXIA MARKETS has two types of licenses, which are FSA License, and SCB License. But it is only regulated by FSA in Seychelles because the current status of SCB License is revoked.

Regulated AuthorityCurrent StatusRegulated CountryRegulated EntityLicense TypeLicense Number
The Seychelles Financial Services Authority（FSA)Offshore RegulatedSeychellesBaxia Global LtdRetail Forex LicenseSD104
The Securities Commission of The Bahamas（SCB)RevokedBahamasBaxia LimitedRetail Forex LicenseSIA-F234
license
license

What Can I Trade on BAXIA MARKETS?

BAXIA MARKETS offers traders the opportunity to trade more than 1000 CFD instruments, which are forex, precious, metals, crypto CFDs, energy, indices, commodities, shares.

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Cryptocurrencies✔
Indices✔
Futures❌
Options❌
assets

Account Types

BAXIA MARKETS provides 3 types of accounts, which are BX Standard, BX Zero, BX Cent. The minimum deposit is $10. The spreads are as low as 0.0 pips.

BX StandardBX ZeroBX Cent
Minimum Deposit$10$1000$10
Leverage1:1000/1:1000
SpreadsLowAs low as 0.0 pips/
Commission/Maximum 2.5 per lot side/
Account Types

BAXIA Fees

BAXIA charges a maximum of 2.5 per lot side for BX Zero Account. The spreads are as low as 0.0 pips.

Trading Platform

BAXIA MARKET's trading platform is MT5 trading platform, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices Suitable for
MT5✔PC, Web, MobileExperienced traders
MT4❌/Beginners
Trading Platform

Deposit and Withdrawal

Unfortunately, the broker did not disclose any information about deposit and withdrawal method on the official website.

News

NewsBaxia Markets Is The Latest FinCom Member To Be Approved

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
Baxia Markets Is The Latest FinCom Member To Be Approved
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Sayasiapa
more than one year
Embarrassing broker, regulated, still cheating, advice to stay away from this broker, unable to pay withdrawals
Embarrassing broker, regulated, still cheating, advice to stay away from this broker, unable to pay withdrawals
Translate to English
2023-02-01 19:01
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0
1
FX1047635657
more than one year
He estado operando con esta baxia markets durante un mes y mi favorito actual es su plataforma de negociación y su apalancamiento! Ofrece MT4 y MT5 con un apalancamiento de hasta 1:500, ¡así que puedo intentar operar con un pequeño depósito! Actualmente estoy usando la plataforma MT4, creo que es fácil de usar y es fácil interactuar con la interfaz.
He estado operando con esta baxia markets durante un mes y mi favorito actual es su plataforma de negociación y su apalancamiento! Ofrece MT4 y MT5 con un apalancamiento de hasta 1:500, ¡así que puedo intentar operar con un pequeño depósito! Actualmente estoy usando la plataforma MT4, creo que es fácil de usar y es fácil interactuar con la interfaz.
Translate to English
2022-11-25 19:07
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