Baazex Some Important Details about This Broker
Ikhtisar：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 Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Seychelles |
| Regulation | FSA (Offshore) |
| Market Instruments | Forex, Shares, Commodities, Cryptocurrencies, Indices, and Futures |
| Demo Account | ✔ |
| Leverage | Up to 1:400 |
| Spread | From 0.1 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $100 |
| Customer Support | 24/5 Live chat service |
| Phone: +248 437 3759 | |
| Email: support@baazex.com | |
| Address: CT House, Office 1B, Providence, Mahe, Seychelles | |
| Regional Restrictions | USA, 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.
Pros and Cons
| Pros | Cons |
| Various trading instruments | Regional restrictions |
| MT5 supported | Offshore 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 Type | Retail Forex License |
| Licensed Number | SD134 |
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 | ❌ |
Account Type
Now there are three account types provided by Baazex.
| Account Type | Minimum Deposit |
| CLASSIC | $100 |
| VIP | $5000 |
| ECN | $10000 |
Leverage and Fees
| Account Type | Leverage | Commissions | Spreads |
| CLASSIC | 1:400 | $0 | From 1.4 pips |
| VIP | 1:400 | $0 | From 0.9 pips |
| ECN | 1:400 | / | From 0.1 pips |
Trading Platform
Baazex offers MT5 now.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, web, mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Traders can deposit and withdraw via bank transfer, Debit/Credit cards and E-Wallets.
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