Score
2-5 yearsQuestionable Regulatory License
Self-developed
Suspicious Operational Region
High Potential Risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index4.79
Business Index5.76
Risk Management Index2.77
Software Index8.59
License Index2.69
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
More
Company Name
BazaarFX Limited
Company Abbreviation
BazaarFx
Platform registered country and region
United Kingdom
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
| Bazaar FX Review Summary | |
| Founded | 2023 |
| Registered Country/Region | United Kingdom |
| Regulation | No Regulation |
| Market Instruments | NSE (Futures & Options), MCX, Forex, US Stocks & Indices, Cryptos, Comex |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | Raw spreads |
| Trading Platform | Bazaar FX platform |
| Minimum Deposit | / |
| Customer Support | 24/7 support |
| Contact form, live chat | |
| Social media: Facebook, Instagram, X, YouTube, Telegram | |
| Phone: +917709293790, +918117846443 | |
| Email: info@bazaarfx.com | |
| Address: 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ | |
Bazaar FX, established in 2023 and registered in the United Kingdom, is an unregulated financial trading firm. It provides diverse market instruments including NSE (Futures & Options), MCX, Forex, US Stocks & Indices, Cryptos, and Comex. The firm offers high leverage up to 1:500 and it uses its own Bazaar FX platform.
| Pros | Cons |
| Demo accounts available | No regulation |
| A wide range of trading products | MT4 & MT5 unavailable |
| Multiple customer support channels | Limited info on accounts |
| Flexible leverage ratios | No popular payment options |
| No commission | |
| Raw spreads |
At present, Bazaar FX lacks valid regulation. Its domain was registered on Sep 9, 2023, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, client Update Prohibited”. We advise you to look for other regulated brokers.
On Bazaar FX, you can trade NSE (Futures & Options), MCX, Forex, US Stocks & Indices, Cryptos, and Comex.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Futures | ✔ |
| Options | ✔ |
| Bonds | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
Bazaar FX offers maximum leverage up to 1:500 for NSE & MCX Futures. However, please note the risks for high leverage can amplify both profits and losses. Comex & Currency instruments offer a leverage of 1:200. Option Buying provides the lowest leverage among these, at 1:10.
Bazaar FX offers no commissions and raw spreads, but there are no specific figures.
| Trading Platform | Supported | Available Devices | Suitable for |
| Bazaar FX platform | ✔ | Google Play, App Store, Desktop, Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Bazaar FX supports payment methods through PhonePe, Google Pay, Paytm, UPI (Unified Payments Interface), Bank Transfer.
BazaarFX has been labelled a scammer by forex traders for the numerous trading flaws they have encountered so far. Whether it is about withholding traders’ profits, trade manipulation causing losses or the lack of customer support service, BazaarFX is accused of all these and more. Many traders have openly called out the forex broker on several review platforms for its investment scams. We will share some of their reviews in this article. Read on to find out what they have said about this broker.
WikiFX
Before You Act, It's Always a Good Idea to Review Any Broker Thoroughly Know about it first—and only then invest your hard-earned money with the broker. Below are five crucial reasons why you should not choose BazaarFX. Otherwise, you may end up becoming a victim.
WikiFXBeware, Investors and traders! If you’re planning to invest your money in the forex market, make sure you don’t end up investing with these scam brokers. This is the warning list issued by International Organization of Securities Commissions (IOSCO)
WikiFXAttention Traders! There are two brokers you must avoid, Otherwise you could become a victim and regret it for life. Below are the relevant details about these brokers. Click the link to view all the information on the website.
WikiFXMore
User comment
0
CommentsWrite a review
No comment yet
start to write first comment