BAXTER-FX Review 2024

2.3/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Foundation date:
  • 2015
Updated:
2.3/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Foundation date:
  • 2015
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BAXTER-FX isn't available in United States
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Our Evaluation of BAXTER-FX

2.3/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

BAXTER-FX is a high-risk broker with the TU Overall Score of 2.3 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by BAXTER-FX clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. BAXTER-FX ranks 380 among 414 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

Brief Look at BAXTER-FX

BAXTER-FX ensures an effective trading environment and gives access to the most competitive and liquid foreign exchange markets globally. BAXTER-FX implements innovative technologies and ultra-fast order execution for every trader to get the best trading experience.

Advantages of trading with BAXTER-FX:
  • Innovative functionality of merging trades of different platforms on the platform’s clearing account;
  • The clearing platform is well-suited for arbitrage strategy (earning a profit from the price difference of one asset at different exchanges);
  • Access to Currenex, Hotspot and FxAll ECN networks.
Disadvantages of BAXTER-FX:
  • Technology solutions of the platform are interesting to institutional players in the Forex market, professional investors and managing traders. The platform is unlikely to be of interest to the majority of novice traders.

BAXTER-FX Summary

💻 Trading platform: Currenex, Hotspot, FxAll
📊 Accounts: Real, Demo
💰 Account currency: USD, EUR, GBP, AUD
💵 Replenishment / Withdrawal: Bank Transfer
🚀 Minimum deposit: 50 000 USD
⚖️ Leverage: 1:50
💼 PAMM-accounts: No
📈️ Min Order: No
💱 Spread: from 0,5 p
🔧 Instruments: Forex , CFDs Stocks, Options, Precious Metals
💹 Margin Call / Stop Out: 50%/50%
🏛 Liquidity provider: No
📱 Mobile trading: No
➕ Affiliate program: No
📋 Orders execution: STP
⭐ Trading features: No
🎁 Contests and bonuses: No

User Satisfaction

Score:
2.5/10

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virejoraler51
1 year ago

Broker BAXTER-FX does not inspire confidence. They lost it after the withdrawal of the first one. It was very long, they took a lot of commissions. Execution here is also not conducive to profitable trading.

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ZacharyRob
1 year ago

I do not recommend trading with BAXTER-FX. It is better to choose companies from the top of the rating. I know for sure that they will deceive, and specifically. Everything will be fine right away, but as a conclusion, you will understand who you are dealing with. I didn't receive 2000!

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DonaldMl
1 year ago

Even small sums to withdraw here is a problem. Not to mention large sums. So think very carefully before contacting BAXTER-FX.

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Stanleyvazy
1 year ago

Carefully! Fraudsters! Never, under any circumstances, send them money. People, believe my bitter experience, do not climb into this swamp, in the end nothing awaits you except for losses and problems. The company is absolutely not trustworthy, in a word - the kitchen.

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lynnjz4
2 years ago

I purposefully searched for an ECN broker with an ASIC license, as I consider this regulator as reliable as possible. I also like to trade with the Currenex terminal, which BAXTER-FX offers among others. Naturally, I opened a demo account first. I traded with it for a couple of weeks, and the spreads were actually practically zero. The commission per lot is $4, which is the average value among Forex brokers. In parallel with trading with BAXTER-FX, I tested another broker. His conditions suited me better. After that, I read that BAXTER-FX was removed from ASIC registration. I don’t know whether it was his initiative or forced, but I am glad that I opened a real account with another broker.

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dking123
3 years ago

Become a victim of Baxter FX. Out of the $ 5,000 invested, I did not see any profit, and the balance of $ 1300 is not allowed to be withdrawn! They make some kind of fool out of me, and that supposedly I can only withdraw the amount that I replenished! But that's how you leaked it to me! Where can I get the money now ???

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ANIS
3 years ago

Scammers offering fake bids. It's not even instant, but fantasy, because the prices are completely far from reality. Tried both currencies and metals, equally left quotes

Score:
1.18/10

Investment Options

Baxter FX is not a broker in the literal sense of the word. It is a clearing platform that offers innovative solutions in the Forex market. The platform can be used to simultaneously access all ECN systems, work with all multi-bank and brokerage platforms, manage risks, etc. The platform does not have an investment program as such, but does offer a PAMM module for managing traders working with investors regardless of their broker.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Comparison of BAXTER-FX with other Brokers

BAXTER-FX RoboForex Pocket Option Exness Vantage Markets 4XC
Trading
platform
Сurrenex, Hotspot, FxAll MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Pocket Option, MT5, MT4 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MT5, WebTrader, Mobile Apps MT5, MT4, WebTrader
Min deposit $50000 $10 $5 $10 $50 $50
Leverage From 1:1
to 1:50
From 1:1
to 1:2000
From 1:1
to 1:1000
From 1:1
to 1:2000
From 1:1
to 1:500
From 1:1
to 1:500
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 0 points From 1.2 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out
50%  /  50% 60%  /  40% 30%  /  50% No  /  60% 100%  /  50% 100%  /  50%
Execution of orders STP Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Market Execution
No deposit bonus No No No No No $50
Cent accounts No Yes No No No No
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