Baxia Markets Review: Baxiamarkets.com Simply a Scam

Baxia Markets has a dozen of red flags. Stock with us in this review to learn why they are not the best choice. The venture does not fall under any regulatory agency. The company is operating without following any rules. An offshore platform is dangerous, and you should avoid them. 

These types of platforms exit the market prematurely. Their promises are vague. There is also nobody to hold accountable. Shady companies tend to use persuasive adverts. Those looking to get rich quick scheme click on them. They ask for a phone number, email address, and your name. 

The sales rep gets to work. They will blow up your phone with endless phone calls. They make promises of huge returns if you invest at a particular time. The ventures work with tactical swindlers. You will find yourself in their trap even without intending to open an account. 

Visible returns are visible on your account. The moment you request a withdrawal, the entity will disclose a one-time offer, better than all previous ones. If you are naive to believe them, you will deposit. Then the broker will claim all your money has been lost due to volatility. The other scenario is when the company ghosts you when you ask for a withdrawal.

Baxiamarkets.com Review

Baxia Markets is trading forex, metals, CFDs, energies, indices, Cryptos, and commodities. The broker grants users the liberty to choose their servers. The venture is targeting investors from the European Union and New York. These areas have strict rules for investment schemes. 

 The venture is also offering an educational program to investors. Dedicated platforms are continuously involved in bettering the skills of their clients. However, scammers will copy past information already available on the internet and charge you.

Baxia Markets is targeting novice, intermediate, and expert traders. Investors with trading knowledge will not waste their time with scam entities. They can detect their murkiness by going through their websites. 

The venture does not disclose the risk management policy it utilizes. Baxia Markets is another complete waste of time entity. Walk away from them while you still can. Their system is doomed to fail. 

Ensure you choose the best forex trading companies. Legitimate platforms are transparent and operate per the books. They do not have hidden terms, and you can earn passive income. 

Baxia Markets Trading Conditions 

Baxia Markets is offering both MT4 and MT5. The MetaTrader software is popular in the market. It is easy to use and has programmable trading EAs. Investors can create custom scripts. Customers also receive technical and fundamental analysis tools. The trading tools and indicators are of high quality and greatly facilitate the success of traders. 

Moreover, the VPS keep watch on investors' orders even when their gadgets are shut down. Another advantage is customers can access various markets. The fact this scheme offers a superior interface does not make them authentic. 

To open a demo account, you must submit government-issued documents like ID and proof of address. We do not recommend sharing such critical information with untrustworthy companies. Unfortunately, the software doesn't even bear the name of Admiral Markets, a legit firm based in the EU. 

Baxia Markets is only using the demo version without the owner's authority. The venture has two investment accounts. The BxStandard packages offer a spread of 1 pip without commission. On the other hand, BxZero provides a spread of 1.2 pips with a commission of $7 per lot traded.

The leverage goes up to 1:500. The cap is profitable. However, the limit can also lead to devastating losses. The regulatory bodies ensure brokers create favorable trading conditions. The USA agency approves leverage of 1:50 while th UK 1:30. Baxia Markets does not meet these requirements, yet it targets investors from the countries.

Withdrawal and Deposit 

Investors can deposit a minimum amount of $50. Investors can use payment methods: Skrill, Credit Cards, Neteller, bank transfer, and credit cards. We cannot validate if these options are indeed what the scheme is using. Offshore ventures are unpredictable. 

Baxia Markets has a withdrawal fee of $20 for wire transfers and $1 for e-payments. These are great terms. The problem is offshore companies do have hidden terms. Some will not even allow you to get back your funds. 

Contact Details and Customer Support 

Baxia Markets' office address is from Mahe, Seychelles. Baxia Limited is the parent company, and it is based in Nassau, Bahamas. There are strings of several phone numbers. The links to social media accounts lead back to the home page.

The location available on the platform is not where the scheme is based. Offshore schemes use random addresses for transparency purposes. Why would they risk being caught? The authority would trace them and put the con artists behind bars. 

Baxia Markets uses various phone numbers. The broker cannot afford to pay qualified support. They will therefore use sales reps. They can be rude and unethical. We do not have much to say regarding customer experience. Baxia Markets lacks customer reviews.

Ensure you choose a sound investment scheme. A broker that has a verified office address. They should also be able to respond to investor queries in time. You can get such information from reviews of customers. This is why we don't recommend trading with newly established entities.   

Baxia Markets Regulatory Status

Baxia Markets is an offshore broker targeting investors from strict jurisdiction regions. The company does not mention anything about its regulatory status. The Financial Conduct Authority (FCA) does not authorize the firm to operate in London. 

Additionally, National Future Association (NFA) and Commodities Future Trading Commission (CFTC) do not approve the entity. The FCA requires investment schemes to deposit 730K EUR capital while the USA bodies need $20 million. The hefty amount is an affirmation the scheme can withstand volatility. It also shows the platform will not misuse the funds of traders. 

Baxia Markets does not meet the requirement. The scheme also does not segregate accounts. Depositing on their website is unwise. Seychelles has a local regulator that asks the firm to deposit capital of $50K. Additionally, the terms and conditions policy shows the parent company is Fidappoint Secretarial Limited. The corporate is based on Marshall Island. The country does not have rules governing investment companies. 

Furthermore, the broker has way too many parent companies. It is hard to know which one is governing the scheme. The Ponzis scheme even invents its financial regulator. It shows how far these scammers will go to gain clients' trust. 

Choose a legit investment company and enjoy ideal trading conditions. You will also receive negative account balance protection. The watchdog governs the trading activities of legitimate firms. You will get peace of mind and assurance.

Final Verdict 

Not all that glitters is gold, and Baxia Markets fits the case. The platform is beautiful and responsive. However, there is more than what meets the eye. The entity is not worth your time. The entity is doomed to fail. Entrusting your money to the scheme is unwise. Their trading conditions are unfavorable. It is best you stay away from the venture. 

These are better investment companies investors can use. Here is a list of these trustworthy forex brokers. These platforms have transparent withdrawal requirements. The ventures are sound and offer protection of funds and data. You can also read their happy clients' reviews. 

Are the trading conditions of Baxia Markets favorable?

No, the scheme exposes traders to severe risks.

Does Baxia Markets have a license?

Unfortunately, this is an illegal scheme

Can Investor earn the advertised returns?

The only thing you can get from Baxia Markets is huge losses.