Baazex Review 2023 – Pros and Cons

UPDATED ON :

Baazex provides access to the global markets for everyone, regardless of account size. Trade on tight spreads from 0.1 pips. Baazex follows the regulated laws outlined by the Financial Services Authority (FSA) of Seychelles. Baazex has partnered with multiple top-rated banks and regulated credit institutions to make sure that clients’ funds are always available.

Baazex

Brokers Name

Baazex

Regulation

FSA Seychelles

Established

2019

Headquarters

Seychelles

Trading Desk

ECN

USA Clients

no

24H Support

Yes

Weekend Support

no

Website Language

English, Arabic

Account Details

Accounts

Classic Account, VIP Account, ECN Account

Min. Deposit

$100

Base Currencies

USD, AED, GBP & EUR

Leverage

1:400

Spreads

1.4 pips

Fixed Spread

no

Margin Call / Stop Out

50%/30%

Trading Platform

MT5

Trading Instruments

Forex, Shares, Commodities, Indices, Futures, Cryptocurrencies

Pros

  • High Leverage
  • Regulated by FSA
  • Tight Spreads
  • 1500+ Instruments
  • Fast Execution
  • 24/5 Support

Cons

  • No US clients accepted.

Trading Features

Commission

Yes

Mini Accounts

Yes

Standard Accounts

no

VIP Accounts

Yes

Pro Accounts

no

Islamic Accounts

Yes

Segregated

no

Managed Accounts

no

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

Yes

Trading Signals

no

Educational Service

Yes

Copy Trading

no

Mobile Trading

Yes

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Yes

Funding

Deposit

Visa, MasterCard, Skrill, Neteller, Bank Wire

Withdrawal

Visa, MasterCard, Skrill, Neteller, Bank Wire

Contacts

Phone

+248 437 3759

Email

support@baazex.com

Address

CT House, Office 1B, Providence, Mahe, Seychelles

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