Wikilix
BAXIA MARKETS logo

BAXIA MARKETS

Regulated
Seychelles
,
Since 2020
Last Updated:
34/100
Overall Score

Trading Conditions

Min Deposit:
USD10
Max Leverage:
1000
Account Types
StandardZeroCent

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

6 methods

Visa, MasterCard

credit card
Instant
Fee:
Free
Fee:
$5

Neteller

e wallet
Instant
Fee:
Free
Fee:
$5

Skrill

e wallet
Instant
Fee:
Free
Fee:
$5

Bank Wire Transfer

bank transfer
2 days
Fee:
Free
Fee:
$20

Local Bank Transfers (e.g., JPY, THB, VND, MYR, IDR, INR, ZAR)

bank transfer
Instant
Fee:
Free
Fee:
$5

Bitcoin, Ethereum, USDT, USDC

crypto
Instant
Fee:
Free
Fee:
$5

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 6%, 2: License 43%, 3: Software 50%, 4: Spread 0%, 5: Account Type 36%, 6: Symbol 0%
Regulation
6%Poor
License
43%Poor
Software
50%Fair
Spread
0%Poor
Account Type
36%Poor
Symbol
0%Poor

Company Information

Full Name:BAXIA MARKETS
Founded:2020
Headquarters:Seychelles
Enterprise Offices:1offices

Customer Support

Phone:
+44 1392 58 0012
Live Chat:
business_hours
Response Time:
Languages:
English
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Editorial review
Updated

Broker Summary

What Wikilix has recorded about BAXIA MARKETS: its history, the licences it holds, its trading conditions and its fees.

Summary & Introduction

BAXIA MARKETS is a trading broker and financial services provider whose objective is to offer traders access to the international financial markets. While there is very little information about BAXIA MARKETS, the company has positioned itself as a platform that can satisfy both beginner and advanced traders' needs through providing them with a diverse range of trading opportunities.

Brokers needed to execute trades and facilitate access to financial markets such as BAXIA MARKETS play an essential role in the current environment of fast-paced finance. Therefore, providing this type of trader with tools to assist them in their trading and executing those trades seamlessly seems to be the primary goal of this type of broker. The purpose of this articles is to provide a detailed overview of BAXIA MARKETS based on currently available information, as well as provide a historical overview, features, regulatory status, trading conditions, fees, and user experience.

History and Background

BAXIA MARKETS does not have much history and as such does not have a lot of specific information about its establishment, however it appears that this broker is either a very young broker or has chosen to keep a low public profile, neither of which would be unusual for brokers competing within this industry.

Although there is very little historical data about the broker, based on the information we've acquired, it seems that BAXIA MARKETS has placed an emphasis on providing a very streamlined trading experience for its users; therefore we would assume that their focus would be on technology and customer support, as this could lead to them building a long-standing reputation in the trading community.

BAXIA MARKETS Features & Business Offerings

BAXIA MARKETS offers a variety of trading products and services to service the diverse needs of all types of traders. However, since this type of broker does not have detailed documentation on the products offered it is generally safe to assume that as example brokers catering to similar markets, they will offer access to currencies, commodities, indices and potentially cryptocurrencies.

It is also safe to assume that since BAXIA MARKETS provides their customers with multiple accounts and trading platforms they will do so for various styles and types of trading.Tools Available

Some brokers provide traders with advanced charting tools, live market data & education materials to help traders become successful

Instruments to Trade

The specific instruments available to trade through BAXIA MARKETS were not disclosed by the broker. However, it is common for brokers of BAXIA MARKETS to provide access to the following:

§ Major and minor currency pairs

§ Commodities (ie; gold & oil)

§ Global equity markets

§ Cryptocurrency CFDs

Account Type Specifics

Specific account types that are offered by BAXIA MARKETS were not listed by the broker. Generally, brokers provide three different account tiers, including standard, premium and/or VIP. Each tier has different attributes, including amount of leverage, spread & minimum deposit.

Regulatory Status and Compliance

When selecting a trading broker, regulatory oversight is a key determining factor. Unfortunately, there are no available public data regarding the available regulatory licenses or the compliance status of BAXIA MARKETS. Therefore, traders should take precautions when proceeding to trade and should attempt to confirm the company's regulatory status as it pertains to regulations and consumers' rights.

The following contains a sample table of no available regulatory information currently for BAXIA MARKETS:

Regulator

License Number

Status

No publicly available information available

-- --

-- --

Trading Conditions & Technology

Trading conditions that exist within the trading environment are critical for traders to take into consideration when choosing a broker (ie; spreads, leverage and minimum deposit). Because of limited data, the trading conditions available with BAXIA MARKETS were not fully documented in this report.To entice a larger number of customers, brokers who fall under this category will often offer competitive spreads along with flexible leverage options.

In terms of platform technology, it is likely that BAXIA MARKETS offers popular trading platforms such as MetaTrader 4 or MetaTrader 5 which meet the industry standard with their ability to be both reliable and easy to use. In addition, both platforms have advanced charting, automated FX trading capabilities, and mobile access.

Trading Conditions

Details

Spread

Limited Information Available

Leverage

Limited Information Available

Minimum Deposit

Limited Information Available

Trading Platforms

MetaTrader 4 & 5 (likely), yet supported by BAXIA's Proprietary Platform

Fees

Understanding a broker's fee structure is critical for traders to properly manage their costs. Currently however, we do not have specific information on the fees charged by BAXIA MARKETS including any deposit fee, withdrawal fee, or commission.

In general, brokers will generate revenue either by providing commission-free trading at the cost of spread into the pricing, or they will charge you separately for commissions based on specific accounts or instruments. Also, depending on the payment methods you use to deposit and withdraw funds, brokers will have different fees assessed.

Fee Type

Details

Deposit Fees

Limited Information Available

Withdrawal Fees

Limited Information Available

Commissions

Limited Information Available

User Experience & Reputation

Due to the lack of detailed publicly available information about BAXIA MARKETS, we were unable to evaluate BAXIA’s user experience and reputation.

Before you use BAXIA MARKETS, it is important to perform due diligence by finding user reviews and verifying regulatory status.

Generally speaking, a broker's reputation will be built on factors like platform reliability, quality of customer support, transparency of their practices and execution speed. Therefore, you may want to test BAXIA’s services with demo accounts or small initial deposits when possible.

Recent News

BAXIA MARKETS does not have any significant news or publicly available announcements. This could mean that their operations are stable or they are taking a more low-key approach to their market presence.

Keep your eyes on BAXIA MARKETS for any news or announcements regarding future announcements or changes to their services from trusted news sources or through BAXIA MARKETS' official communications.

Conclusion

There is very limited publicly available information on BAXIA MARKETS history, regulatory status, trading conditions and fees. Therefore, while BAXIA MARKETS offers standard trading services and platforms like most other brokers in the financial industry, we recommend you proceed with caution and confirm directly with BAXIA MARKETS before entering into an agreement.

It is best to exercise caution when it comes to selecting the right broker, focusing primarily on transparency and regulatory compliance. Overall it is essential to conduct adequate research and risk management practices if you want to successfully trade.

Regulation check

Regulatory Licenses

Every licence BAXIA MARKETS has in force is from an offshore regulator. Most carry no compensation scheme — each row below says what the issuing regulator actually requires.

0 of 2 checked
Licences on record
2
Confirmed on register
0
Tier 1 or 2
0
Offshore
2

How far our check got

  • 2 not yet checked
  • FSATier 3OffshoreSeychellesRetail Forex LicenseNo. SD104

    What the register says

    Licence number
    SD104
    Type
    Retail Forex License

    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 BAXIA MARKETS 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
    Open the full licence record
  • SCBTier 3OffshoreBahamasInvestment Advisory LicenseNo. SIA-F234

    What the register says

    Licence number
    SIA-F234
    Type
    Investment Advisory License

    Client protection under this licence

    • No compensation scheme
    • Client money kept separate
    • Negative balance protection
    • Complaints routeSCB Complaints Unit
    • Maximum leverage1:200

    These are the rules SCB sets for the firms it licenses. They are not a statement about how BAXIA MARKETS applies them, or about which of its companies would hold your account.

    About The Securities Commission of The Bahamas

    Offshore regulatorGovernment bodyNo compensation schemePublic registerTransparency: medium
    Typical cost of this licence
    USD 30000-50000
    Open the full licence record
Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 10. Leverage up to 1:1000.

3 account types
AccountMin DepositLeverageCommission
StandardUSD 1,0001:1000No commission; spreads from 1.0 pip
ZeroECNUSD 1,0001:500$2.5 per side per 100,000
CentUSD 101:1000No commission; spreads from 1.0 pip
Account names and conditions as published by BAXIA MARKETS, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

6 ways to fund an account. 5 with no deposit fee. 5 credit instantly.

6 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Visa, MasterCardCredit CardAvailable globally, subject to card issuer approval.FreeUSD 5USD 50USD 30Not recordedInstant
NetellerE-Wallet
Available in multiple countries; subject to Neteller's regional restrictions.
FreeUSD 5USD 50USD 30Not recordedInstant
SkrillE-Wallet
Available in numerous countries; subject to Skrill's regional policies.
FreeUSD 5USD 50USD 30Not recordedInstant
Bank Wire TransferBank Transfer
International bank wires may incur additional fees from intermediary banks; available globally subject to bank policies.
FreeUSD 20USD 50USD 100Not recorded2 days
Local Bank Transfers (e.g., JPY, THB, VND, MYR, IDR, INR, ZAR)Bank Transfer
Deposit fees and processing times vary by country; check Client Area for details; available in select countries subject to local banking regulations.
Not recordedUSD 5Not recordedUSD 30Not recordedInstant
Bitcoin, Ethereum, USDT, USDCCryptocurrency
Available globally; subject to cryptocurrency network conditions.
FreeUSD 5USD 25USD 30Not recordedInstant
Fees, limits and processing times as published by BAXIA MARKETS, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: Meta Trader 5.

1 platform
  • Meta Trader 5 logo

    Meta Trader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Social channels

Social Presence

5 official channels on record.

5 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the BAXIA MARKETS brand.

1 entity
  • BAXIA LIMITEDdissolvedUnited KingdomRegistration 07014314Established Sep 9, 2009
Entities named in the broker's own documents and company registers, recorded by Wikilix.

Comments

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