Baazex review
Baazex review: regulation (Saint Vincent and the Grenadines as an International…), minimum deposit 100, leverage up to 1:500, platforms and current bonuses.
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 100
- Maximum leverage
- 1:500
- Minimum spread
- 0.1 Pips
- Platforms
- MetaTrader 5 (MT5), Mobile MT5, Web Platforms and More Trading Platforms
- Instruments
- Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures
- Account currencies
- EUR / USD / GBP
Bonuses
- No deposit bonus
- No
- Welcome bonus
- 20% Welcome Bonus
- Other promotions
- 20% Forex Deposit Bonus
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank transfer, credit card, Skrill, Neteller, WesternUnion, UnionPay, Bitcoin and More
- Withdrawal methods
- Bank transfer, credit card, Skrill, Neteller, WesternUnion, UnionPay, Bitcoin and More
Company
- Regulation
- Saint Vincent and the Grenadines as an International Business Company with the registration number 24553 IBC 2018
- Founded
- 2021
- Country
- Saint Vincent and the Grenadines
- Address
- First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines
- Publicly traded
- Yes
- Website languages
- English
- Phone
- +44 20 7871 5458
- Email or Skype
- [email protected], [email protected], [email protected], [email protected]
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Baazex pros and cons
Pros
- Regulated by Saint Vincent and the Grenadines as an International…
- Low minimum deposit: 100
- Raw spreads from 0.1 Pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
Baazex FAQ
Is Baazex a safe and regulated broker?
Baazex was founded in 2021 and is regulated by Saint Vincent and the Grenadines as an International Business Company with the registration number 24553 IBC 2018. Client funds are held in segregated accounts. Your protection depends on which Baazex entity opens your account.
What is the minimum deposit at Baazex?
The minimum deposit at Baazex is 100. Payment providers may set their own minimum amount.
What is the maximum leverage at Baazex?
Baazex offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does Baazex offer a no deposit bonus?
No. Baazex does not currently offer a no deposit bonus. It offers a welcome promotion: 20% Welcome Bonus. See our forex no deposit bonus list for brokers that do.
Which trading platforms does Baazex offer?
Baazex supports MetaTrader 5 (MT5), Mobile MT5, Web Platforms and More Trading Platforms. Mobile trading is available.
Does Baazex allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does Baazex offer an Islamic (swap-free) account?
Yes. Baazex offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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Baazex at a glance
- Reader rating3 / 5 (1 votes)
- RegulationSaint Vincent and the Grenadines as an International Business Company with the…
- PlatformsMetaTrader 5 (MT5), Mobile MT5, Web Platforms and More Trading Platforms
- Account currenciesEUR / USD / GBP
- LanguagesEnglish
- Phone+44 20 7871 5458
- Email / Skype[email protected], [email protected], [email protected], [email protected]
- Fax+44 20 7871 5458
- Head officeFirst Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent…