Is babafx a scam?
Wikilix independent safety report
BABA FX is not a confirmed scam, and the common claim that it holds no licence anywhere is wrong, but it is a high risk offshore operation and we rate it 54 out of 100. The Seychelles Financial Servi…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Broker Summary
What Wikilix has recorded about babafx: its history, the licences it holds, its trading conditions and its fees.
BABA FX (babafx) is an offshore forex and CFD brand operated by BABA INVESTMENT (SVG) LLC, a limited liability company incorporated in Saint Vincent and the Grenadines on 9 June 2020 under registration number 419. That entity is named in the risk warning on the broker's own website and appears as an active company on the St. Vincent and the Grenadines Financial Services Authority entity register, so the company behind the brand is real and traceable.
Regulation. Our research links the brand to a Seychelles securities dealer licence numbered SD225, recorded in the name of BABA INVESTMENT (SEYCHELLES) LTD. That is a low-tier offshore permission: it carries no client-money segregation guarantee, no compensation scheme and no meaningful retail redress. It is also worth noting that babafx.com itself does not mention any regulator or licence anywhere on the site, and the entity that contracts with clients in the risk warning is the Saint Vincent LLC, not the licensed Seychelles company. A Saint Vincent LLC registration is a company registration, not a trading licence, and Saint Vincent does not supervise forex brokers at all.
Offering. The site advertises more than 600 instruments: 80 forex pairs, 474 stocks, 27 cryptocurrencies, 17 indices, 8 metals and 29 futures. Trading runs on a single in-house platform, BABA Trader, rather than MetaTrader; the site offers four account tiers, Standard, Cent, ECN and Baba, all quoted in USD or EUR. Headline terms are zero commissions and advertised zero spreads on US stocks and the major pairs, leverage of 1:30 for retail clients and up to 1:500 for professional clients. The site's own risk disclosure states that 79.58% of retail investor accounts lose money.
Funding and support. The website promises instant deposits and withdrawals and 24/7 support, but it publishes no payment-method table, no fee schedule, no minimum deposit, no withdrawal limits and no support email, telephone number or live chat. Its legal documents are published only as scanned PDFs. Services are not offered to residents of the United States, Canada or North Korea.
Who it suits, and the caveats. This is a thin, single-page offering with an offshore licence, a proprietary-only platform and no disclosed funding terms or contact channels. Traders who need onshore protection, segregated client money, a published fee schedule or an accountable complaints route should look elsewhere. Anyone considering an account should treat it as high risk, verify the terms directly with the company in writing before depositing, and start with money they can afford to lose.
Website snapshots
7 full-page captures of babafx's own site, archived so what they said can still be read after the pages change.
Regulatory Licenses
Every licence babafx has in force is from an offshore regulator. Most carry no compensation scheme — each row below says what the issuing regulator actually requires.
How far our check got
- 1 confirmed on a register
FSATier 3OffshoreConfirmed on registerChecked
What the register says
- Licence number
- SD225
- Type
- Dealing in securities
- Register status
- Active on the Seychelles FSA Securities Dealer register
What our check found
A Seychelles Securities Dealer licence, which permits dealing in securities and derivatives as principal or agent. It is a real trading licence, held by BABA INVESTMENT (SEYCHELLES) LTD, and the regulator's register names babafx.com and babaforex.com as the licensed company's websites. Client protection: Low. There is no investor compensation scheme and no deposit guarantee. Supervision is light and practical recourse in a dispute is limited..
Register screenshot, captured Aug 14, 2026 Client protection under this licence
- No compensation scheme
- Complaints routeFSA Enquiries
- Maximum leverage1:1000
These are the rules FSA sets for the firms it licenses. They are not a statement about how babafx applies them, or about which of its companies would hold your account.
About The Seychelles Financial Services Authority
Offshore regulatorGovernment bodyNo compensation schemePublic registerTransparency: low- Typical cost of this licence
- USD 10000-20000
Account Types
3 account types on record.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| StandardStandard | Not recorded | Not recorded | Not recorded |
| CentCent | Not recorded | Not recorded | Not recorded |
| ECNECN | Not recorded | Not recorded | Not recorded |
Global Domains
4 domains on record. All active and served over HTTPS.
Corporate Network
2 legal entities behind the babafx brand.
- BABA INVESTMENT (SEYCHELLES) LTDActiveThe entity recorded as the holder of Seychelles securities dealer licence SD225. It is not named on the broker's own website, and Seychelles publishes no free public company register, so its registration could not be independently confirmed.
Company Registration
The operating company is BABA INVESTMENT (SEYCHELLES) LTD. Registered in Seychelles. Registration number 8438556-1.
- Legal entity
- BABA INVESTMENT (SEYCHELLES) LTD
- Registration number
- 8438556-1
- Jurisdiction
- Seychelles
- Registry
- Seychelles Financial Services Authority, Capital Markets register (Securities Dealer)
- Registered address
- Providence Complex, Office A18 B, Providence, Mahe, Seychelles

Comments
Share your thoughts and experiences with babafx