Baxia Markets Review 2023

Overall, Baxia Markets is considered average risk, with an overall Trust Score of 79 out of 100. Baxia Markets is licensed by zero Tier-1 Regulators (high trust), zero Tier-2 Regulators (average trust), and two Tier-3 Regulators (low trust). In addition, Baxia Markets offers two retail trading accounts: a BxZero and BxStandard Account.To get more news about baxia markets review, you can visit wikifx.com official website.

Baxia Markets is a well-established broker since 2020. Baxia Markets has headquarters in Bahamas and Seychelles. They are generally well-suited for Baxia Markets to provide their Forex/CFD trading services to global clients.

Apart from the forex demo account, this broker offers Bx Standard and Bx Zero. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Baxia Markets is up to 1:500. Meanwhile, you can open an account with a starting capital of $10.

Besides lots of currency pair, Baxia Markets also offers some instruments you would like to trade on, such as Forex, Gold & silver and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Baxia Markets is a good broker for you or not by reviewing the criteria. In general, Baxia Markets provides trading service in Forex , Gold & silver and Indexes . As for the payment methods, you can choose between AstroPay, Credit/debit cards, FasaPay, Mobile network operators, Neteller, Skrill and Wire transfer. The customer support is available via Email, Live chat, Phone, Skype and WhatsApp.

Baxia Markets is regulated by FSA (Seychelles) SD104 and SCB SIA-F234. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.