Score

1.53 /10
Danger

BASIS

United Kingdom

5-10 years

Regulated in United Kingdom

Investment Advisory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

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Exposure

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Score

Regulatory Index2.78

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

Single Core

1G

40G

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-20
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 810733)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

BASIS · Company summary

BASIC INFORMATION:

Basis is a technology-enabled broker and market place, specializing in Currencies, Commodities, and Digital assets. We optimize client needs, cutting edge technologies, and in-depth market expertise for unparalleled access to global markets, products, and services, across time zones and geographies. BASIS capital market is a new brokerage and financial technology company registered un the United Kingdom. They provide a disruptive, cloud-based technology platform for global market participants seeking access to price discovery, trading solutions, margin brokerage accounts and execution across foreign Exchange, Commodities, CFDs and other alternative markets.

REGULATORY INFROMATION: LICENSE

Basis was regulated by the Financial Conduct Authority (FCA) at United Kingdom with the regulatory license number of 810733

BUSINESS SCALE

The company offers a wide range and provides an online trading platform for forex, CFDs, and metals.

They level the playing field for financial markets participants by clearly understanding client needs and delivering leading-edge technologies with a broad product range, alongside deep market insights.

MARKET

Basis offer the following market in the industry:

· Forex

· Equity Indices

· Energy

· Commodities

· NDFs

· Digital Assets

· Structured Product

· Metals

ACCOUNT TYPES

Basis offer different accounts to suit your needs. All account types provide access to their complete range of financial products and all trading platforms. Basis has two accounts namely:

· Margin Account

· Omnibus Accounts

Currencies

More than 200 currency pairs across developed and emerging markets for cash and derivative products.

SERVICES

Basis offer different services to suit your needs. They are;

· Dedicated Relationship Managers and Sales Traders

· 24-hour Support

· Multi-asset market access

· Exchange and OTC trading

· Market Analytics

TRADING PLATFORM

· API Trading

· Lucera

· TradAir

· oneZero

· FXCubic

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