BAXIA Journal
Journal status: live BAXIA joined in | not yet |
BAXIA Profile
Website
Year
2020
Country
Seychelles
Branches
2
Regulation
FSA Seychelles
Registration
FSA Seychelles, SCB Bahamas
Investor protection
Fund protection
Financialcommission.org
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Belarus, Cuba, Iran, Iraq, Libya, Myanmar, North Korea, Palestine, Russia, South Sudan, Sudan, Syria, US, Ukraine, Venezuela, Yemen
Broker type
STP, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
30 ms
LPs total
7
LPs quality
Tier-1 Banks, Non-Banks, ECNs
LPs names
Currenex, Euronext, Jump Trading, Saxo Bank, Swissquote, Virtu Financial, XTX Markets
BAXIA Accounts
STP
ECN
Minimum Deposit
50 $
500 $
Leverage
2000 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0 pips
Commission
0 $/lotRT
5 $/lotRT
Volume
100 lots
100 lots
Margin Call
90 %
90 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, STICPAY, AstroPay, FasaPay, Skrill, Neteller, PayRedeem, Local Transfer
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker |
- Full listing profile: BAXIA broker profile
Is BAXIA safe?
- Investor protection: Financialcommission.org
- Regulation: FSA Seychelles
- Registration: FSA Seychelles, SCB Bahamas
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is BAXIA trusted?
- Information transparency: sufficient
★★★ - Customer service: prompt, helpful
★★★★★ - BAXIA website: highly detailed, updated
★★★★★ - BAXIA popularity (by visitor count): low visits
★★
How BAXIA works
Non-dealing Desk Execution
EAs Allowed
Our Bx Zero Account offers raw spreads directly from a pool of liquidity providers to your price feed.
Bx Zero is the best choice for experienced traders and scalpers who are looking for the lowest spreads available.
https://baxiamarkets.com/
Baxia Markets operates as a Straight Through Process Broker (STP). An STP broker does not have a dealing desk, this means that the orders a customer opens in his forex trading platform go directly to our liquidity providers for processing. In this type of processing, Baxia Markets only connects traders with the liquidity providers, orders are executed at the bid or ask price rate that these providers offer.
Baxia Markets operates as a straight through processing (STP) broker.
https://baxiamarkets.com/straight-through-processing/
Are you a Market Maker?
No, we are not a Market Maker. Typically, market makers are considered to be Forex and CFD providers who operate a dealing desk in order to create their own prices, these prices can be based on their own proprietary trading positions or overall risk exposure and may not reflect the prices in the underlying market.
We do not trade against our clients, all trades are sent directly for execution with our liquidity providers and banks. We don’t benefit if our traders make or lose money. If there is anything we want is our trader to keep making profits so that they stay with us. We make money on commission and spreads.
No, we are not a Market Maker. Typically, market makers are considered to be Forex and CFD providers who operate a dealing desk in order to create their own prices, these prices can be based on their own proprietary trading positions or overall risk exposure and may not reflect the prices in the underlying market.
We do not trade against our clients, all trades are sent directly for execution with our liquidity providers and banks. We don’t benefit if our traders make or lose money. If there is anything we want is our trader to keep making profits so that they stay with us. We make money on commission and spreads.
https://baxiamarkets.com/faq/
8.1 Execution of Orders: It is the Company’s approach to take all sufficient steps to obtain
the best possible result on behalf of its Clients when executing Client orders on
Financial Instruments offered by the Company or receiving and transmitting orders for
execution. The Client understands and acknowledges that the Company will enter into
transactions with the Client either as principal (counterparty) or an agent. The Company
will be the contractual counterparty to the Client.
https://welcome.baxiamarkets.com/hubfs/Legal%20Documents/Baxia-Global-Limited-Seychelles-Legal-Client%20Agreement.pdf
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