FSASeychellesTier 3Licence number
SD225
View licence record- Licence holder
- Held by babafx
- Licence type and regime
- Dealing in securities
- Offshore
Found on registerChecked
At a glance
Regulation on record for babafx
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
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 0
- Found on an official register
- 1
babafx has one licence on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. We located 1 of 1 on the issuing authority’s own register.
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.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for babafx, strongest authority first.
1 record
- FSASeychellesTier 3
Check it yourself
Look these up on the official registers
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
- FSA registerOpen register
Protection
What this licence protects
FSA's own rules for the firms it authorises.
- No compensation scheme
- Complaints routeFSA Enquiries
- Maximum leverage1:1000
Frequently Asked Questions
Questions about the licences held by babafx
Answered from the register entries on this page.
Most Popular Questions
Nothing on the website says so. There is no statement of segregated client accounts, no tier-one bank named, no negative balance protection and no compensation or insurance scheme. The Seychelles licence carries no client-fund insurance, and a Saint Vincent company registration carries no protection at all.
The operating company was incorporated on 9 June 2020, which the registry confirms, giving it roughly six years of corporate existence. The website's own copyright notice reads 2022 and its legal documents are dated January 2023, so the trading brand itself is younger than the company.
With difficulty. The site advertises 24/7 support but publishes no support email address, no telephone number, no live chat and no registered office address. The only route offered is a registration form on the homepage. A broker with no published complaints channel is a broker you cannot escalate to.
The homepage advertises zero commissions, together with zero spreads on US stocks and major pairs including EUR/USD, JPY/USD and GBP/USD. No commission schedule, markup disclosure or financing-charge table is published, so how the broker actually earns from client trades is not disclosed.
We found no evidence of fraud, and several things check out: the operating company is real, registered and active, and the offshore licence number is a genuine one. But the setup is high risk. The site names no regulator, publishes no funding terms and no contact details, offers only its own platform, and the company that contracts with clients is not the company that holds the licence. Our verdict is high risk and unverified, not scam.
The website states that BABA INVESTMENT (SVG) LLC does not provide services to residents of certain jurisdictions, including the USA, Canada and North Korea. No other restrictions are listed, and the site does not say which countries it is licensed to serve.
Four are shown: Standard, Cent, ECN and Baba. Each is described in a sentence and shows its account currency (USD and EUR). No minimum deposit, spread, commission or leverage is published for any of them, so the tiers cannot meaningfully be compared.
The website advertises over 600 instruments: 80 forex pairs, 474 stocks, 27 cryptocurrencies, 17 indices, 8 metals and 29 futures. It does not publish a full instrument list, contract specifications, swap rates or trading hours.
The site claims withdrawals are instant. That is a marketing claim with nothing behind it: there is no published withdrawal policy, no fee schedule and no stated processing window, so the claim cannot be checked or held to. Treat it as unverified.
The website advertises instant deposit and withdrawal but publishes no payment methods, no fees, no processing times and no minimum or maximum amounts. Its legal documents are supplied only as scanned PDFs. The absence of any published funding terms is itself a significant transparency gap, and it means withdrawal conditions cannot be checked before you deposit.
One, and it is the broker's own: BABA Trader, described as an all-in-one platform for forex and CFDs. There is no MetaTrader 4, MetaTrader 5 or cTrader offering. A proprietary-only platform means no third-party expert advisors, no independent audit of execution and no way to take your setup elsewhere.
The homepage quotes leverage of 1:30 for retail clients and up to 1:500 for professional clients. It does not explain how a client qualifies as professional, nor does it publish per-instrument leverage caps or margin-call and stop-out levels.
The broker does not publish one. There is no minimum deposit figure on the website for any of the four account tiers, and no account-comparison table with deposit thresholds. You would have to ask the company directly before opening an account.
The website's risk warning names BABA INVESTMENT (SVG) LLC, incorporated in Saint Vincent and the Grenadines on 9 June 2020 with registration number 419. We confirmed that entry as active on the St. Vincent and the Grenadines Financial Services Authority entity register, whose records list Delany & Associates Corporate Services Ltd. as its registered agent. No directors, shareholders or beneficial owners are disclosed on the website.
babafx has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
babafx holds licence records issued by FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by babafx comes from a tier-1 or tier-2 authority.
We located 1 of the 1 licence records held by babafx on the issuing authority’s own register. Every entry has been looked up. An unchecked entry is a gap in our coverage, not a finding against the licence.
babafx has licence records in Seychelles. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.