Score

4.40 /10
Average

BAAZEX

Seychelles

5-10 years

Regulated in Seychelles

Derivatives Trading License (EP)

MT5 Full License

Global Business

Medium Risk

Offshore Regulation

D

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index1.76

Business Index7.47

Risk Management Index8.90

Software Index8.70

License Index1.76

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

BAZ Capital Markets Ltd

Company Abbreviation

BAAZEX

Platform registered country and region

Seychelles

Company website

X

Facebook

Instagram

WhatsApp

  • +971 52 223 1649

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2026-04-29
  • This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

WikiFX Verification

Pyramid scheme complaint
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BAAZEX · Company summary
Baazex Review Summary
Founded2019
Registered Country/RegionSeychelles
RegulationFSA (Offshore)
Market InstrumentsForex, Shares, Commodities, Cryptocurrencies, Indices, and Futures
Demo Account
LeverageUp to 1:400
SpreadFrom 0.1 pips
Trading PlatformMT5
Minimum Deposit$100
Customer Support24/5 Live chat service
Phone: +248 437 3759
Email: support@baazex.com
Address: CT House, Office 1B, Providence, Mahe, Seychelles
Regional RestrictionsUSA, Canada, Sudan, Syria, North Korea, Iran, Cuba and Myanmar

Baazex Information

Baazex is a regulated Seychelles online broker founded in 2019, offering a wide range of markets including Forex, Shares, Commodities, Cryptocurrencies, Indices, and Futures. It provides MT5 and the minimum deposit is $100.

Baazex Information

Pros and Cons

Pros Cons
Various trading instrumentsRegional restrictions
MT5 supportedOffshore regulation risks
Demo account available
Live chat support
Popular payment options

Is Baazex Legit?

Regulatory Status Offshore Regulated
Regulated by The Seychelles Financial Services Authority (FSA)
Licensed Institution BAZ Capital Markets Ltd
Licensed TypeRetail Forex License
Licensed NumberSD134
license

What Can I Trade on Baazex?

Baazex offers brokerage services in Forex, Shares, Commodities, Cryptocurrencies, Indices, and Futures.

Tradable Instruments Supported
Forex
Indices
Cryptocurrencies
Commodities
Futures
Shares
ETFs
Options
Bonds
assets

Account Type

Now there are three account types provided by Baazex.

Account TypeMinimum Deposit
CLASSIC$100
VIP$5000
ECN$10000
Account Type

Leverage and Fees

Account TypeLeverageCommissionsSpreads
CLASSIC1:400$0From 1.4 pips
VIP1:400$0From 0.9 pips
ECN1:400/From 0.1 pips

Trading Platform

Baazex offers MT5 now.

Trading PlatformSupported Available Devices Suitable for
MT5PC, web, mobileExperienced traders
MT4/Beginners
Trading Platform

Deposit and Withdrawal

Traders can deposit and withdraw via bank transfer, Debit/Credit cards and E-Wallets.

Deposit and Withdrawal

News

ExposureBAAZEX Regulation: Is This Forex Broker Licensed And Safe?

Verify BAAZEX regulation and license status. Secure your BAAZEX login and explore Forex BAAZEX trading conditions with high-intent data. Check WikiFX today.

WikiFX
2026-04-27 17:04
BAAZEX Regulation: Is This Forex Broker Licensed And Safe?

NewsBAAZEX Review 2026: Offshore License and Regulatory Red Flags

Is BAAZEX safe? This review highlights its limited regulatory structure, low WikiFX regulation score, and an external warning signal linked to baazex.com.

WikiFX
2026-03-13 18:00
BAAZEX Review 2026: Offshore License and Regulatory Red Flags

ExposureBaazex Forex Scam Exposed: Trader Loses $6K

Baazex, an offshore-regulated forex broker, is a confirmed scam. A trader deposited funds, earned profits, but had $5940.69 + $75.88 stolen under a fake policy violation. Stay safe: check WikiFX exposure before trading. Avoid Baazex today!

WikiFX
2026-02-10 17:01
Baazex Forex Scam Exposed: Trader Loses $6K

User Reviews

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User comment

12

Comments

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FX2981385206
more than one year
This trader is completely a fraud and is not trustworthy under any circumstances. I deposited funds out of goodwill, but when I started making profits, they suddenly deleted all of my earnings and wrongly accused me of violating their policies. This is just a cheap excuse to steal customer funds. Even worse, I lost - $5940.69 and - $75.88. If you value your funds, please stay away from this fraudulent trader. Don't make the same mistakes as me.
This trader is completely a fraud and is not trustworthy under any circumstances. I deposited funds out of goodwill, but when I started making profits, they suddenly deleted all of my earnings and wrongly accused me of violating their policies. This is just a cheap excuse to steal customer funds. Even worse, I lost - $5940.69 and - $75.88. If you value your funds, please stay away from this fraudulent trader. Don't make the same mistakes as me.
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2026-02-10 00:18
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atef8614
6-12months
mostly the best broker from the deposit and withdrawal speed it take no time even bank transfer they follow my transaction even with emails with my bank and solved my problem its perfect to deal with a broker who cares like that
mostly the best broker from the deposit and withdrawal speed it take no time even bank transfer they follow my transaction even with emails with my bank and solved my problem its perfect to deal with a broker who cares like that
Translate to English
2025-10-01 18:47
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