BAXIA MARKETS -Some Important Details about This Broker
Abstract：BAXIA MARKETS, founded in 2016, is a brokerage registered in Seychelles. The trading instruments it provides cover currencies, precious metals, indices, energies, cryptocurrencies, stocks, commodities.
| BAXIA MARKETS Review Summary | |
| Founded | 2016 |
| Registered Country/Region | Seychelles |
| Regulation | FSA (Offshore regulated), SCB (Revoked) |
| Market Instruments | Forex, precious metals, crypto CFDs, energies, indices, commodities, shares |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.0 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $10 |
| Customer Support | Live chat |
| United Kingdom: +44 1392 58 0012 | |
| Bahamas: +1 242 457 2211 | |
| Seychelles: +248 4373509 | |
| Physical Address: CT House, Office 5E Providence, Mahe, Seychelles | |
| Regional Restrictions | USA, Cuba, Sudan/Republic of Sudan, Syria, Iran, Iraq, South Sudan, Venezuela, Libya, Belarus, Afghanistan, Myanmar, Russia, Crimea, Donetsk, Luhansk, Palestine, Yemen, Zimbabwe and North Korea |
BAXIA MARKETS Information
BAXIA MARKETS, founded in 2016, is a brokerage registered in Seychelles. The trading instruments it provides cover currencies, precious metals, indices, energies, cryptocurrencies, stocks, and commodities.
Pros and Cons
| Pros | Cons |
| Live chat support | Offshore regulation risks |
| Multiple trading instruments | Revoked license |
| MT5 trading platform supported | No Islamic trading account offered |
| Demo accounts available | Regional restrictions |
| Low minimum deposit | Unknown payment methods |
Is BAXIA MARKETS Legit?
BAXIA MARKETS has two types of licenses, which are FSA License, and SCB License. But it is only regulated by FSA in Seychelles because the current status of SCB License is revoked.
| Regulated Authority | Current Status | Regulated Country | Regulated Entity | License Type | License Number |
| Seychelles Financial Services Authority（FSA) | Offshore Regulated | Seychelles | Baxia Global Ltd | Retail Forex License | SD104 |
| Securities Commission of The Bahamas（SCB) | Revoked | Bahamas | Baxia Limited | Retail Forex License | SIA-F234 |
What Can I Trade on BAXIA MARKETS?
BAXIA MARKETS offers traders the opportunity to trade more than 1,000 CFD instruments, which are forex, precious metals, crypto CFDs, energy, indices, commodities, and shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious Metals | ✔ |
| Energies | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Crypto CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Leverage & Fees
BAXIA MARKETS provides 3 types of accounts, which are BX Standard, BX Zero, BX Cent. The minimum deposit is $10. The spreads are as low as 0.0 pips.
| Account Type | BX Standard | BX Zero | BX Cent |
| Minimum Deposit | $10 | $1,000 | $10 |
| Maximum Leverage | 1:1000 | / | 1:1000 |
| Spread | Low | From 0.0 pips | / |
| Commission | / | Maximum 2.5 per lot side | / |
Trading Platform
BAXIA MARKET's trading platform is MT5 trading platform, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, Web, Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
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