SCAUnited Arab EmiratesTier 2Licence number
20200000335
View licence record- Licence holder
- Held by BAAZEX
- Licence type and regime
- Investment Advisory License
Not checkedUpdated
At a glance
Regulation on record for BAAZEX
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
BAAZEX has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Jurisdictions
Licence record
Licences on record
Every licence on record for BAAZEX, strongest authority first.
2 records
- SCAUnited Arab EmiratesTier 2
FSASeychellesTier 3Licence number
SD134
View licence record- Licence holder
- Held by BAAZEX
- Licence type and regime
- Retail Forex License
- Offshore
Not checkedUpdated
Protection
What this licence protects
SCA's own rules for the firms it authorises.
- Compensation schemeDeposit Guarantee Scheme covers up to AED 100,000 per depositor
- Complaints routeSCA complaints
- Maximum leverage1:100
Frequently Asked Questions
Questions about the licences held by BAAZEX
Answered from the register entries on this page.
Most Popular Questions
BAAZEX offers customer support via live chat during business hours, phone, email, and social media channels. Support is provided in English. Contact details include a Seychelles phone number and a WhatsApp number for assistance.
The minimum deposit amount at BAAZEX is 100 USD. The maximum leverage available is 400:1, allowing traders to control larger positions with smaller capital.
BAAZEX supports deposits and withdrawals via bank transfers (SWIFT/SEPA), Visa and Mastercard credit cards, Skrill and Neteller e-wallets, and USDT cryptocurrency. Processing times vary from instant for cards and e-wallets to several days for bank transfers. Fees and limits are not explicitly published and may vary.
BAAZEX offers the MetaTrader 5 platform, which is available on web, iOS, macOS, Android, and Windows. MetaTrader 5 supports trading Forex, stocks, and futures with advanced analytics and algorithmic trading tools.
BAAZEX is regulated by the Seychelles Financial Services Authority (FSA) and the Securities and Commodities Authority (SCA) of the UAE. It holds a Retail Forex License and an Investment Advisory License. However, it is classified as an offshore broker with a low transparency level according to WIKILIX data.
BAAZEX has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
BAAZEX holds licence records issued by SCA, FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by BAAZEX comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by BAAZEX has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
BAAZEX has licence records in United Arab Emirates, Seychelles. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.