Baazex Journal

Journal status: live
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Baazex Profile
Website
Year
2018
Country
SVG
Branches
2
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Haiti, North Korea, Suriname, US
Broker type
MM, ECN marketing
Dealing book
c-book
Tier
3
Execution speed
100 ms
LPs total
0
LPs quality
not disclosed
LPs names
not disclosed

Baazex Accounts
ECN
Minimum Deposit
10000 $
Leverage
200 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.1 pips
Commission
8 $/lotRT
Volume
50 lots
Margin Call
100 %
Stop Out
40 %
Execution
Market
Spread
foating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 12 months
Update broker

Is Baazex safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Baazex trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • Baazex website: semi-detailed, updated ★★★
  • Baazex popularity (by visitor count): least visited

How Baazex works

We shall always act as principal (counterparty) when executing orders by clients. Although the Company takes every reasonable step to achieve the best possible result for its clients...

The Financial Instruments provided by the Company are Contracts for Difference (CFD) of an underlying asset and it is up to the Company’s sole discretion to decide which type of CFDs to make available from time to time and to publish the prices at which these can be traded in line with the prices offered by its Liquidity Provider.

This Policy will not apply when we are not executing an order on client’s behalf, for example where:

- We manage with you as a principal on the basis of a published quote

- We execute with you as counterparty for our own account

ORDER EXECUTION VENUE

Execution venues are the entities with which the orders are placed or to which BAAZEX transmits orders for execution. The Company will enter into all transactions with the client as principal (counterparty) and act as the sole execution venue for all client orders.

The Client acknowledges and consents that the transaction entered in Financial Instruments with the Company’s Execution Venue are not undertaken on a recognized exchange or a Multilateral Trading Facility (“MTF”), rather they are undertaken through the Company’s Trading Platform (i.e. Over-The Counter)...

https://baazex.com/execution-policy/

The concept of arbitrage and "scalping", or taking advantage of these Internet delays, can exist in an OTC market...

https://baazex.com/client-agreement/

EAS & ALGOS Allowed

All Strategies Allowed

https://baazex.com/accounts-comparison/



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