BAXIA MARKETS -Some Important Details about This Broker

BAXIA MARKETS | 2022-10-13 17:48

Resumo：BAXIA MARKETS, founded in 2016, is a brokerage registered in Seychelles. The trading instruments it provides cover currencies, precious metals, indices, energies, cryptocurrencies, stocks, commodities.

BAXIA MARKETSReview Summary
Founded	2016
Registered Country/Region	Seychelles
Regulation	FSA (offshore), SCB (revoked)
Market Instruments	Forex, precious metals, crypto CFDs, energies, indices, commodities, shares
Demo Account	✔
Leverage	Up to 1:1000
Spread	From 0 pip
Trading Platform	MT5
Minimum Deposit	$10
Customer Support	United Kingdom: +44 1392 58 0012
	Bahamas: +1 242 457 2211
	Seychelles: +248 4373509
	Physical Address: CT House, Office 5E Providence, Mahe, Seychelles.
	Live chat
Regional Restrictions	USA, Cuba, Sudan/Republic of Sudan, Syria, Iran, Iraq, South Sudan, Venezuela, Libya, Belarus, Afghanistan, Myanmar, Russia, Crimea, Donetsk, Luhansk, Palestine, Yemen, Zimbabwe and North Korea

BAXIA MARKETS Information

BAXIA MARKETS, founded in 2016, is a brokerage registered in Seychelles. The trading instruments it provides cover currencies, precious metals, indices, energies, cryptocurrencies, stocks, commodities.

Pros and Cons

Pros	Cons
Live chat support	Offshore regulation risks
Multiple trading instruments	Revoked license
MT5 trading platform supported	No Islamic trading account offered
Demo account available	Regional restrictions

Is BAXIA MARKETS Legit?

BAXIA MARKETS has two types of licenses, which are FSA License, and SCB License. But it is only regulated by FSA in Seychelles because the current status of SCB License is revoked.

Regulated Authority	Current Status	Regulated Country	Regulated Entity	License Type	License Number
The Seychelles Financial Services Authority（FSA)	Offshore Regulated	Seychelles	Baxia Global Ltd	Retail Forex License	SD104
The Securities Commission of The Bahamas（SCB)	Revoked	Bahamas	Baxia Limited	Retail Forex License	SIA-F234

What Can I Trade on BAXIA MARKETS?

BAXIA MARKETS offers traders the opportunity to trade more than 1000 CFD instruments, which are forex, precious, metals, crypto CFDs, energy, indices, commodities, shares.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrencies	✔
Indices	✔
Futures	❌
Options	❌

Account Types

BAXIA MARKETS provides 3 types of accounts, which are BX Standard, BX Zero, BX Cent. The minimum deposit is $10. The spreads are as low as 0.0 pips.

	BX Standard	BX Zero	BX Cent
Minimum Deposit	$10	$1000	$10
Leverage	1:1000	/	1:1000
Spreads	Low	As low as 0.0 pips	/
Commission	/	Maximum 2.5 per lot side	/