For an enigmatic voyage into the world of trading, look no further than <a href="https://baxiamarkets.com/" rel="noopener noreferrer" target="_blank">Baxia Markets</a>. This relatively new CFD and forex broker, established by forex industry professionals in 2020, provides a gateway to the global trading arena. With a captivating blend of assets, competitive fees, and intriguing platforms, Baxia Markets beckons traders worldwide. In this 2023 review, we delve into the enigmatic details of Baxia Markets, exploring their regulations, trading platforms, account types, and much more. <img src="https://cdn.forexoverflow.io/images/1698812018063-n9h03vv09prcgk6-baxia.png"> <h2>Unveiling the Enigma: Company Details</h2> Baxia Markets, a creation of forex industry professionals, offers a diverse array of trading instruments. Their offerings span across currencies, indices, cryptocurrencies, energy commodities, and metals. But what sets them apart in this enigmatic landscape? It's their localized customer support, competitive trading fees, and ultra-low latency of approximately 30 milliseconds. These elements combine to create an aura of mystery around Baxia Markets. The trading broker operates through two entities, adding layers to the enigma:<ol><li>Baxia Markets Limited (Ltd): Registered in the Bahamas and regulated by The Securities Commission of The Bahamas.</li><li>Baxia Markets Global Limited: Registered in the Seychelles and regulated by The Financial Services Authority of The Seychelles.</li></ol> <h2>Trading Platforms:</h2> Baxia Markets unravels the enigma with its two intriguing trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These industry-renowned platforms are shrouded in mystique, offering a range of features for traders of all levels. MetaTrader 4 (MT4) Enigma:<ul><li>Nine timeframes.</li><li>Four pending order types.</li><li>One-click order execution for a rapid plunge into the enigmatic world of trading.</li><li>Fully customizable charts to tailor your trading experience.</li><li>Three order execution types, allowing for diverse strategies.</li><li>Over 30 built-in technical indicators for the analytically inclined.</li><li>Access to Expert Advisors (EAs) for those seeking guidance from enigmatic experts.</li><li>The enigmatic MT4 MultiTerminal, a tool to manage multiple accounts simultaneously.</li></ul> MetaTrader 5 (MT5) Enigma:<ul><li>A staggering 21 timeframes, leaving traders with countless options.</li><li>Partial order filling to add complexity to your trading strategy.</li><li>Six pending order types, making every trade a puzzle.</li><li>Fully customizable charts, empowering traders to craft their enigmatic trading environment.</li><li>Market depth functionality, providing deeper insights.</li><li>A multi-thread strategy tester to unravel the enigmatic secrets of successful trading.</li><li>An integrated economic calendar to stay ahead of the financial enigmas.</li><li>An astonishing 38 built-in technical indicators for those who seek to master the enigma.</li></ul> <h2>How to Place a Trade</h2> Once Baxia Markets has granted you access by verifying your identity documents, the enigmatic world of trading unfolds before you. You must fund your profile with a minimum deposit of $50 or the equivalent currency to embark on this enigmatic journey. To make a trade, follow these cryptic steps:<ol><li>Download the platform or access it via the web terminal.</li><li>Choose the asset or market that intrigues you from the dropdown list or search menu.</li><li>Click on 'new order,' hidden second from the left in the top navigation bar. A 'new order' screen emerges, concealing its secrets.</li><li>Enter the order details, including the trading symbol, order type (pending or instant), volume, and risk management parameters (take profit or stop loss).</li><li>Select to buy or sell, adding an element of surprise to your enigmatic journey.</li><li>Confirm the order, sealing your fate.</li></ol> <h2>Baxia Markets Assets</h2> Baxia Markets offers an intriguing selection of nearly 100 trading instruments, adding a layer of complexity to your trading experience:<ul><li>Delve into the enigma of energies and metals with options like Crude Oil, Brent Oil, Gold, and Silver.</li><li>Speculate on 56 major and minor currency pairs, including the enigmatic EUR/USD, USD/JPY, and GBP/USD.</li><li>Traverse the enigmatic world of stock index CFDs with 14 options, including the FTSE 100, S&amp;P 500, and Dax 30.</li><li>Venture into the enigmatic realm of cryptocurrencies, paired with the USD, including Bitcoin, Ethereum, and Litecoin.</li></ul> <h2>Spreads, Commissions &amp; Fees</h2> Fees at Baxia Markets are shrouded in mystery, dependent on your account type and instrument. Baxia Markets tantalizes traders with industry-leading spreads achieved through their ECN connectivity, drawing on pricing quotes from over 20 superior banks and liquidity sources. The Bx Standard account offers an enigmatic twist by featuring zero commissions but with variable spreads. During our exploration, we discovered average spreads of 1.4 pips on the EUR/GBP currency pair and 1.2 pips on the USD/JPY pair. On the other hand, the Bx Zero profile unveils its enigmatic nature with raw spreads and a commission-based fee structure, averaging at $7 per round-turn lot. Day traders may be enchanted by spreads as low as 0.0 pips during times of high liquidity. But beware, for there are swap fees lurking in the enigmatic shadows for positions held overnight, adding an element of surprise. However, there are no inactivity charges for dormant accounts, an enigmatic rarity.Unlocking the Enigma of Leverage Baxia Markets tantalizes traders with substantial margin trading opportunities, offering leverage of up to 1:500. This enigmatic potential for profit may seem tempting, but it comes with the risk of significant losses. To navigate this enigma, always approach it with prudent risk and money management. The margin call/stop-out level, set at 90%/20%, adds to the suspense. <h2>Mobile App:</h2> Both the MT4 and MT5 platforms are mobile enigmas, available for free download on iOS, Android, and Huawei devices. Traders can unveil the full suite of features and functions found on the web and desktop terminals, making trading a truly mobile enigma. Real-time interactive charts, extended versions for iPads, access to complete trading history, and live push notifications with SMS alerts for price movements are at your fingertips. It's important to note that Baxia Markets currently doesn't offer a proprietary mobile app, leaving traders to seek their own enigmatic solutions. <h2>Payment Methods</h2> Deposits at Baxia Markets are a journey through various enigmatic options:<ul><li>Sticpay, with a processing time of 30 to 60 minutes.</li><li>Astropay, offering an enigmatic processing time of 30 to 60 minutes.</li><li>Bank Wire Transfer, the enigmatic choice with a processing time of 2 to 5 working days.</li><li>Credit/Debit Cards (Visa &amp; MasterCard), an enigmatic option with a processing time of 30 to 60 minutes.</li></ul> Withdrawals from the enigmatic Baxia Markets come with their own enigmatic characteristics:<ul><li>Sticpay imposes a $1 fee with a processing time of 24 to 72 hours.</li><li>Astropay mirrors the $1 fee but with an enigmatic processing time of 24 to 72 hours.</li><li>Credit/Debit Cards (Visa &amp; MasterCard) offer no fee but an enigmatic processing time of up to five working days.</li><li>Bank Wire Transfer, the enigma of withdrawals, charges $20 plus an intermediary bank fee of $20, with a processing time of three to five working days.</li></ul> <h2>Baxia Markets Demo Account</h2> To embark on your enigmatic journey with Baxia Markets, you have the opportunity to explore their demo account, an enigmatic realm for prospective traders. This enigmatic offering provides access to the MetaTrader 5 (MT5) platform, where traders can access unlimited virtual funds with flexible leverage up to 1:500. These demo accounts serve as an ideal platform to practice trading without the risk. They also serve as a gateway to test-drive Baxia Markets before making a full commitment.Adding an Element of Surprise: Deals &amp; Promotions Baxia Markets adds an element of surprise with a $30 joining bonus, a gift for new users. This free trading capital is yours to explore without the need for an initial deposit, adding a sense of intrigue. While delving into the enigmatic world of Baxia Markets, we encountered a refer-a-friend bonus, a hidden gem in their promotions. This referral scheme tantalizes traders with a $50 bonus for each successful recommendation to the broker, though terms and conditions apply. The occasional demo contest, with rewards based on trading performance within a simulated environment, adds another layer of surprise to this enigmatic journey.Unveiling the Regulatory Enigma Baxia Markets, a enigmatic entity, operates through two regulatory entities, Baxia Limited and Baxia Global Ltd. The enigmatic Baxia Limited is regulated by the Securities Commission of the Bahamas (SCB), while Baxia Global Ltd is licensed by the Financial Services Authority of Seychelles (FSA). These offshore regulators offer an enigmatic regulatory landscape, differing from those under the umbrella of more prominent regulatory bodies like the UK’s Financial Conduct Authority (FCA) or the Cyprus Securities &amp; Exchange Commission (CySEC). Baxia Markets remains enigmatic in its provision of limited information about segregated client accounts, consumer protection schemes, or negative balance protection. <h2>Education &amp; Tools</h2> While navigating the enigmatic waters of Baxia Markets, we discovered a treasure trove of trading research and educational resources. Worldwide news articles, PDF newsletter posts, and market watchlists are at your disposal. These articles can be filtered by asset, market, and technology, catering to the diverse interests of traders. The enigmatic education center on the official site offers insights into financial markets, trading basics, and risk management—a valuable resource for enigmatic beginners. An economic calendar and useful forex calculators enhance the enigmatic toolkit. Although a YouTube channel exists, it remains a treasure chest with limited content. <h2>Copy Trading </h2> Baxia Markets unveils its enigmatic partnership with third-party copy trading providers, ZuluTrade and Myfxbook. ZuluTrade presents an enigmatic ensemble of over 100,000 traders for you to copy. Diversify your portfolio by following multiple enigmatic traders and take control when necessary. Simply connect your account to ZuluTrade and embrace the enigma. Myfxbook, a hub of social trading, invites traders to interact with fellow investors, sharing trade ideas, market insights, and more. Enigmatic interactive charts and extensive historical data await those who dare to explore.Deciphering the Enigmatic Account TypesBaxia Markets offers two enigmatic account types to captivate traders: Bx Standard:<ul><li>A popular choice with alluring spread pricing starting from 1 pip, catering to enigmatic beginners.</li><li>Enigmatic EA back-testing for those who seek the guidance of algorithms.</li><li>No commission fees, making it an enigmatic choice for cost-conscious traders.</li><li>Access to both MT4 and MT5 platforms.</li><li>Floating spreads ranging from 1.0 to 1.2 pips on the enigmatic EUR/USD.</li></ul> Bx Zero:<ul><li>An enigmatic option for experienced investors and scalpers, with spreads starting from an astonishing 0.0 pips, sourced directly from top-tier liquidity providers.</li><li>Access to both MT4 and MT5 platforms for maximum enigmatic potential.</li><li>A $7 round-turn commission fee for those who appreciate a straightforward pricing model.</li><li>Ideal for professionals, scalpers, and EA users who thrive on enigmatic trading environments.</li><li>Tight raw spreads ranging from 0.0 to 0.2 pips on the enigmatic EUR/USD.</li></ul> For those seeking even more enigma, MAM/PAMM accounts are available at the sign-up stage. <h2>Registration</h2> Opening a new account with Baxia Markets is as enigmatic as the journey itself. To begin, visit the 'Create Account' link, hidden at the top right of each web page. Complete the enigmatic online application form and submit verification documents, such as a passport or utility bill, to the broker's email address (<a href="mailto:backoffice@baxiamarkets.com" rel="noopener noreferrer" target="_blank">backoffice@baxiamarkets.com</a>). Be prepared for an enigmatic wait of up to 24 hours for document verification. <h2>Trading Hours</h2> Baxia Markets' live trading hours unveil an enigmatic schedule, varying by instrument. Typically, forex trading is available from 00:01 server time to 23:59, Monday to Friday. It's important to note that the broker's platforms operate on a GMT +2 or GMT +3 (US daylight saving) offset. To stay in sync with upcoming market closures, such as public holidays, a published session timetable is available on the broker's website, divided by asset class. <h2>Customer Support</h2> Baxia Markets beckons traders with several contact options, though they are available for support from Monday to Friday only. During our enigmatic tests, the live chat service responded within three minutes. For those who prefer to embark on their enigmatic journey without assistance, a comprehensive self-help FAQ section resides on the broker's website in the 'resources' section. It's divided into four enigmatic categories: account information, questions about trading, online forex trading, and understanding MetaTrader problems. Contact details include email (<a href="mailto:support@baxiamarkets.com" rel="noopener noreferrer" target="_blank">support@baxiamarkets.com</a>) and live chat, accessible at the bottom right of each webpage. Telephone support is also available for those who prefer the human touch. <h2>Safety &amp; Security</h2> As we delved deeper into Baxia Markets, we uncovered a level of enigma surrounding their legal documents. They lack clarity on consumer protection, personal data safeguarding, and the segregation of client funds. This enigmatic aspect raises concerns and may guide prospective traders toward alternative brokers that offer more transparency in these areas.The Verdict on Baxia Markets With a responsive customer support team, both MT4 and MT5 platforms, and two distinct account types, Baxia Markets presents an enticing opportunity for traders. However, it's essential to be aware of potential issues, including concerns about the safety of client funds and withdrawal fees associated with certain methods. Additionally, the absence of stock trading may influence some traders' decision-making. <h2>Pros and Cons</h2> Pros:<ul><li>Baxia Markets boasts New York and London data centers for deep liquidity and low latency.</li><li>Access to copy trading services through ZuluTrade and Myfxbook.</li><li>Integration with MetaTrader 4 and MetaTrader 5.</li><li>A comprehensive range of investment options, including cryptocurrencies.</li><li>Utilizes a straight-through processing model.</li><li>Welcomes new traders with a sign-up bonus.</li><li>Low initial deposit requirement of $50.</li><li>Allows instant and fee-free deposits.</li><li>Offers a demo account for practice.</li><li>Supports hedging.</li><li>Provides forex VPS and FIX API.</li></ul> Cons:<ul><li>Operates under offshore regulation, potentially resulting in limited customer protection.</li><li>Clients from the USA are not accepted.</li><li>Lacks direct stock trading options.</li><li>Incurs withdrawal fees.</li></ul> <h2>Baxia Broker Details</h2> <img src="https://cdn.forexoverflow.io/images/1698812370902-3nxkqh396vn72vp-baxia-broker-details.png"> Disclaimer: - We at forexoverflow do not endorse neither refer anyone to trading broker websites. The information is for educational purpose and source of information is from the broker website.

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Discover Baxia Markets in our 2023 review – a new player in CFD and forex trading. Explore regulations, trading platforms, instruments, fees, and more. Is Baxia Markets the right choice for your trading journey?

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