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Score

5.79 /10
Average

Baazex

Seychelles

5-10 years

Regulated in Seychelles

Retail Forex License

MT5 Full License

Global Business

Medium potential risk

Offshore Regulated

https://www.baazex.com

Influence

D

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Score

Regulatory Index3.92

Business Index7.30

Risk Management Index8.90

Software Index8.70

License Index4.11

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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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Broker Information

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Company Name

BAZ Capital Markets Ltd

Company Abbreviation

Baazex

Platform registered country and region

Seychelles

Company website

X

Facebook

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WhatsApp

  • 97144224090

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-08-21
  • The Seychelles FSA regulation with license number: SD134 is an offshore regulation. Please be aware of the risk!

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Baazex

United Arab Emirates

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Baazex · Company summary
Baazex Review Summary
Founded2019
Registered Country/RegionSeychelles
RegulationFSA (Offshore)
Market InstrumentsForex, Shares, Commodities, Cryptocurrencies, Indices, and Futures
Demo Account✔
LeverageUp to 1:400
SpreadFrom 0.1 pips
Trading PlatformMT5
Minimum Deposit$100
Customer Support24/5 Live chat service
Phone: +248 437 3759
Email: support@baazex.com
Address: CT House, Office 1B, Providence, Mahe, Seychelles
Regional RestrictionsUSA, Canada, Sudan, Syria, North Korea, Iran, Cuba and Myanmar

Baazex Information

Baazex is a regulated Seychelles online broker founded in 2019, offering a wide range of markets including Forex, Shares, Commodities, Cryptocurrencies, Indices, and Futures. It provides MT5 and the minimum deposit is $100.

Baazex Information

Pros and Cons

Pros Cons
Various trading instrumentsRegional restrictions
MT5 supportedOffshore regulation risks
Demo account available
Live chat support
Popular payment options

Is Baazex Legit?

Regulatory Status Offshore Regulated
Regulated by The Seychelles Financial Services Authority (FSA)
Licensed Institution BAZ Capital Markets Ltd
Licensed TypeRetail Forex License
Licensed NumberSD134
license

What Can I Trade on Baazex?

Baazex offers brokerage services in Forex, Shares, Commodities, Cryptocurrencies, Indices, and Futures.

Tradable Instruments Supported
Forex✔
Indices✔
Cryptocurrencies✔
Commodities✔
Futures✔
Shares✔
ETFs❌
Options❌
Bonds❌
assets

Account Type

Now there are three account types provided by Baazex.

Account TypeMinimum Deposit
CLASSIC$100
VIP$5000
ECN$10000
Account Type

Leverage and Fees

Account TypeLeverageCommissionsSpreads
CLASSIC1:400$0From 1.4 pips
VIP1:400$0From 0.9 pips
ECN1:400/From 0.1 pips

Trading Platform

Baazex offers MT5 now.

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

Deposit and Withdrawal

Traders can deposit and withdraw via bank transfer, Debit/Credit cards and E-Wallets.

Deposit and Withdrawal

User Reviews

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User comment

9

Comments

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Beam9340
more than one year
ตามประสบการณ์ของฉัน baazex เป็นหนึ่งในโบรกเกอร์ฟอเร็กซ์ชั้นนำที่มีสเปรดต่ำที่สุดในตลาด
ตามประสบการณ์ของฉัน baazex เป็นหนึ่งในโบรกเกอร์ฟอเร็กซ์ชั้นนำที่มีสเปรดต่ำที่สุดในตลาด
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2025-08-14 20:15
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FX1563639913
3-6months
mostly the best broker from the deposit and withdrawal speed it take no time even bank transfer they follow my transaction even with emails with my bank and solved my problem its perfect to deal with a broker who cares like that
mostly the best broker from the deposit and withdrawal speed it take no time even bank transfer they follow my transaction even with emails with my bank and solved my problem its perfect to deal with a broker who cares like that
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2025-03-07 03:28
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