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BAXTER -

Score

1.54 /10
Danger

BAXTER

Australia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.baxter-fx.com

Influence

D

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Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.25

Risk Management Index0.00

Software Index4.00

License Index0.00

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

BAXTER · Company summary
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.

BAXTER's homepage

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 MT5

Is 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!

Domain information

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.

What Can I Trade on BAXTER?

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.

Managed Accounts
Managed Accounts

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 traded

Clearing Fees

Average Daily VolumeFee
0-25 M$15
25-50 M$10
50-250 M$8
250-500 M$6
500 M+$5
BAXTER Fees

Trading 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
Trading Platform

User Reviews

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User comment

1

Comments

Write a review

Sara.
more than one year
It's one of the best financial companies. Everything is perfect for me. Amazing trading experience with them and highly recommend them. They are truly impeccable! Thank you, BAXTER.
It's one of the best financial companies. Everything is perfect for me. Amazing trading experience with them and highly recommend them. They are truly impeccable! Thank you, BAXTER.
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2023-03-07 18:37
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