Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

BAXIA MARKETS

Seychelles Seychelles | 5-10 years |
Regulated in Seychelles | Derivatives Trading License (EP) | Suspicious Operational Region | Bahamas Derivatives Trading License (MM) Revoked | Medium Risk | Offshore Regulation

https://baxiamarkets.com/

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Nigeria Nigeria 3.15
Surpassed 35.10% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+44 1392 58 0012
https://baxiamarkets.com/
CT House, Office 5E Providence, Mahe Seychelles.
Warning: Low score, please stay away!
  • The regulatory status of the Bahamas SCB license (Number: SIA-F234) is irregular. The regulator's officially published status is "Revoked". Please be aware of the risk.
3

Basic Information

Registered Region
Seychelles
Operating Period
5-10 years
Company Name
BAXIA MARKETS
Email
support@baxiamarkets.com
Contact Number
+441392580012
Gorn27278

Gorn27278

Unverified

Thailand

Baxia offers a free $50 trading bonus, but there is a condition for withdrawing profit that you must deposit $100 first, meeting all conditions but still unable to withdraw both the profit and the deposited money.

Exposure

เมย์7419

เมย์7419

Unverified

Thailand

I get free credit from activities. I made profit up to $100 but I found a condition that I have to deposit $100 as well. Yes, I can do it, but Boker has something like this, even though I have already confirmed my id. I think I confirm that I am not passing the PFD. The file from the bank has a password, and I send the code via email, but they are still about what the customer asks. Because I have $100 profit in my account. I will be able to deposit and withdraw my profits when I verify my address. In brief, they don't let me withdraw my profits. I fall into a consumer deceit

Exposure

maginx

maginx

Unverified

Malaysia

i dont know why , my account suddenly has been suspended ... live support not reply , last chat on friday 9/2/24 .. still no answer

Exposure

0xJayce

0xJayce

Unverified

Nigeria

i had a trade that was running in 630 usd profit. i tried to close the trade but couldn't. i was eventually able to close the trade but instead of receiving my total profit, the broker only gave me 235 usd. i have complain and they told me they would fix it, its getting to a week now and support isn't replying me anymore. i also have a trade that was on 70 usd profit, broker refuse me to close the trade. i tried everything i could to close the trade but it didn't work. i complained to support and we both tried everything he suggested to close the trade but it didn't work. i couldn't close my trade. support said i shouldn't worry, that he has transferred me to financial team that would reply in 6 hours time and if anything happens to the trade, they would take responsibility for it. financial team fixed the problem 7 hours later when the trade is against me. i have been waiting for response to get my profit paid to me. no response. i had a videos recorded of everything that happened and all evidence needed which i forwarded to the support email. they told me they can’t pay me my money. this broker is fraudulent

Exposure

FX1047635657

FX1047635657

Unverified

Mexico

I have been trading this baxia markets for a month now and my current favorite is their trading platform and leverage! It offers MT4 and MT5 with up to 1:500 leverage, so I can try trading with a small deposit! I am currently using the MT4 platform, I find it easy to use and the interface is easy to interact with.

Positive

Positive

坏脾气

坏脾气

Unverified

Hong Kong

One thing I’ve learned through many years of trading is to avoid trading with offshore-regulated brokers. If your put down your money here, I’m sure your will be extremely regretful for your decision. Put it simply: once your made a deposit, you can never get that money back. This Baxia Markets is what you cannot risk…

Neutral

Neutral

6
Account Info
Business Region
Verified Site
Relationship Map
Related Companies
About Us
News
Wiki Q&A
Comment

Users who viewed BAXIA MARKETS also viewed..

VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
CPT Markets

CPT Markets

8.53
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.53
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
IC Markets Global

IC Markets Global

9.10
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
IC Markets Global
IC Markets Global
Score
9.10
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
GTCFX

GTCFX

9.23
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
GTCFX
GTCFX
Score
9.23
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • baxiamarkets.com
    104.31.86.10
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Relationship Map

vip Subscribe in the App to unlock!
Download App
vipvip
BAXIA MARKETS

Related Companies

BAXIA LIMITED(United Kingdom)
United Kingdom
BAXIA LIMITED(United Kingdom)
Deregistered
United Kingdom
Registration No. 07014314
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

BAXIA MARKETS Review Summary
Founded2016
Registered Country/RegionSeychelles
RegulationFSA (Offshore regulated), SCB (Revoked)
Market InstrumentsForex, precious metals, crypto CFDs, energies, indices, commodities, shares
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformMT5
Minimum Deposit$10
Customer SupportLive 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 RestrictionsUSA, 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.

BAXIA MARKETS Information

Pros and Cons

Pros Cons
Live chat supportOffshore regulation risks
Multiple trading instrumentsRevoked license
MT5 trading platform supportedNo Islamic trading account offered
Demo accounts availableRegional restrictions
Low minimum depositUnknown 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 AuthorityCurrent StatusRegulated CountryRegulated EntityLicense TypeLicense Number
Seychelles Financial Services Authority(FSA)Offshore RegulatedSeychellesBaxia Global LtdRetail Forex LicenseSD104
Securities Commission of The Bahamas(SCB)RevokedBahamasBaxia LimitedRetail Forex LicenseSIA-F234
license
license

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
assets

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 TypeBX StandardBX ZeroBX Cent
Minimum Deposit$10$1,000$10
Maximum Leverage1:1000/1:1000
SpreadLowFrom 0.0 pips/
Commission/Maximum 2.5 per lot side/
Account Types

Trading Platform

BAXIA MARKET's trading platform is MT5 trading platform, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices Suitable for
MT5PC, Web, MobileExperienced traders
MT4/Beginners
Trading Platform

Company Profile

  • 5-10 years
  • Regulated in Seychelles
  • Derivatives Trading License (EP)
  • Suspicious Operational Region
  • Bahamas Derivatives Trading License (MM) Revoked
  • Medium Risk
  • Offshore Regulation

News

BAXIA MARKETS Regulation: Is BAXIA MARKETS Regulated?

Exposure BAXIA MARKETS Regulation: Is BAXIA MARKETS Regulated?

Check BAXIA MARKETS regulation, FSC status, revoked SCB license, and user concerns. Review the broker details on WikiFX before you trade.

Baxia Markets Real user Reviews & complaints

Exposure Baxia Markets Real user Reviews & complaints

Never choose a broker based only on its outer appearance or how it manages its website. Always check real user reviews because they reveal the true stories. We also checked Baxia Markets broker’s real user reviews and complaints. In this article, we have collected Baxia Markets broker complaints to make you aware of the issues traders have reported. We will begin Baxia Markets broker review with its regulation.

BaxiaMarkets Review 2025: Users Criticize Broker Over Withdrawal Delays & Poor Customer Support

Exposure BaxiaMarkets Review 2025: Users Criticize Broker Over Withdrawal Delays & Poor Customer Support

Is BaxiaMarkets not responding to your emails or phone calls? Are you experiencing withdrawal issues or problems accessing their website? These are some of the main complaints’ users have reported about BaxiaMarkets. In this article, you’ll find a comprehensive BaxiaMarkets Review for 2025.

Baxia Markets Is The Latest FinCom Member To Be Approved

News Baxia Markets Is The Latest FinCom Member To Be Approved

The Financial Commission (FinCom), the forex industry's independent external dispute resolution (EDR) authority, has accepted Baxia Markets' membership application, a MetaTrader electronic communications networks (ECN) broker formed in 2020. According to a FinCom release, Baxia Markets' membership began on Wednesday, January 18.

Wiki Q&A

How is the fund security of BAXIA MARKETS evaluated?

BAXIA MARKETS's fund security is primarily assessed through its regulatory profile, which consists of a single active offshore license (SD104) from the Seychelles FSA; it is crucial for investors to understand that this offshore jurisdiction does not mandate the same stringent fund segregation and investor compensation schemes as major financial centers like the UK, EU, or Australia.

04-02
United States

What regulatory licenses does BAXIA MARKETS hold?

BAXIA MARKETS holds one active license, an offshore Securities Dealer license (SD104) from the Seychelles Financial Services Authority; WikiFX data also records a separate license from The Bahamas (SIA-F234) as revoked, meaning the broker currently operates without regulation from any top-tier authority.

04-02
United States

What is the full company name of BAXIA MARKETS?

The broker operates under the full company name BAXIA MARKETS and is registered in the Seychelles, having been established for 5 to 10 years.

04-02
United States

What is the minimum deposit for BAXIA MARKETS?

BAXIA MARKETS offers multiple account types with varying minimum deposits: its BX CENT account starts from $10, the BX STANDARD from $100, and the BX Zero account from $1,000.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States
View More

User Comments6

All (6) Positive (1) Neutral (1) Exposure (4)
No more
Post a Review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Share your experience

Required...

Submit Now
Write a Review
6
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com