Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
BAXTER-FX Pros & Cons
- 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.
- 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 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.
TU Expert Verdict
BAXTER-FX carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
BAXTER-FX User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria10 /10The trading and non-trading commissions of BAXTER-FX have been analyzed and rated as having Low fees, with a fees score of 10/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of BAXTER-FX with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, BAXTER-FX’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
BAXTER-FX Standard spreads BAXTER-FX OANDA FOREX.com EUR/USD min, pips 0 0.1 0.7 EUR/USD max, pips 0.2 0.5 1.2 GPB/USD min, pips 0 0.1 0.9 GPB/USD max, pips 0.2 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
BAXTER-FX RAW/ECN spreads BAXTER-FX OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 2 3.5 5 EUR/USD avg spread 0.1 0.15 0.2 GBP/USD avg spread 0.1 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with BAXTER-FX. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
BAXTER-FX Non-Trading Fees BAXTER-FX OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is BAXTER-FX Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria2.5 /10BAXTER-FX has a safety score of 2.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Track record over 11 years
- Not tier-1 regulated
BAXTER-FX Security Factors Foundation date 2015 Negative balance protection NoVerification (KYC) YesBAXTER-FX is Not a Regulated Broker
Attention! It's your choice to work with regulated or unregulated brokers, but please consider the risks carefully. Unregulated brokers might offer lower fees and flexible trading options, but they lack investor protection, have a higher fraud risk, and no guarantee of withdrawals. Thoroughly research before deciding.
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.0 /10BAXTER-FX offers the following account options: Demo, Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Standard account with balanced trading conditions
- Demo account
- Tight spread ECN account
- Micro lots are not available
- No VIP account option
BAXTER-FX account types vs top competitors BAXTER-FX Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP NoNoNoManaged NoNoNo -
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology4.5 /10BAXTER-FX received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
BAXTER-FX offers limited payment options and accessibility, which may impact its competitiveness.
- Bank wire transfers available
- Minimum deposit below industry average
- No withdrawal fee
- Low minimum withdrawal requirement
- BTC not available as a base account currency
- Only major base currencies available
- No bank card option
What are BAXTER-FX deposit and withdrawal options?
BAXTER-FX offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making BAXTER-FX less competitive for those seeking diverse payment options.
BAXTER-FX Deposit and Withdrawal Methods vs Competitors BAXTER-FX Trading.com Plus500 Bank Wire YesYesYesBank card NoYesYesPayPal NoNoYesWise NoNoNoBTC NoNoNoWhat are BAXTER-FX base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. BAXTER-FX supports the following base account currencies: USD, EUR, GBP, AUD.
What are BAXTER-FX's minimum deposit and withdrawal amounts?
The minimum deposit on BAXTER-FX is $50000, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact BAXTER-FX’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6.3 /10BAXTER-FX offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 70 Forex pairs.
- ETFs investing
- Crypto trading
- Indices trading
- Bonds not available
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by BAXTER-FX with its competitors, making it easier for you to find the perfect fit.
BAXTER-FX Trading.com Plus500 Currency pairs 70 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 100 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products BAXTER-FX offers for beginner traders and investors who prefer not to engage in active trading.
BAXTER-FX Trading.com Plus500 Bonds NoNoNoETFs YesNoYesCopy trading NoNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at BAXTER-FX by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.7 /10We successfully registered an account with BAXTER-FX in 8 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at BAXTER-FX is $50000. Overall, the account setup process is efficient and suitable for most traders.
- Low minimum deposit requirement
- Fast registration time (up to 15 minutes)
- Quick KYC verification (1 business day or less)
- Account setup process may feel less convenient for beginners
BAXTER-FX account opening BAXTER-FX Trading.com Plus500 Online Registration YesYesYesMinimum deposit $50000 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 8 20 KYC time (days) 1 2 3 Is BAXTER-FX available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
BAXTER-FX services cater to professional traders. To start trading, open a clearing account with a minimum deposit of $50,000. Registration is completed on the company’s official website, following these steps:
Click "Register" at the top of the screen.
Fill out the account opening form, providing your first name, last name, and email. The form will also generate a password for your account.
Confirm your email by clicking the link in the verification email.
Log into your account using your email address and the provided password.
A BAXTER-FX account allows you to:
- Complete identity verification.
- Qualify as a retail or professional trader.
- Switch between live and demo accounts with one click.
- Transfer funds to your trading account balance.
- Submit withdrawal requests for profits.
- Access statistics on all completed trades.
- Monitor your financial transaction history.
- Track real-time quotes for trading instruments.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria7 /10BAXTER-FX received a score of 7/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- API access for automated trading
- One-click trading
- Trading bots (EAs) allowed
- cTrader with advanced tools and Level II pricing
- Strategy (EA) Builder is not available
- No TradingView integration
- No access to a proprietary platform
Supported trading platforms
BAXTER-FX supports the following trading platforms: MT4, MT5, cTrader, WebTrader. This selection covers the basic needs of most retail traders. We also compared BAXTER-FX’s platform availability with that of top competitors to assess its relative market position.
BAXTER-FX Trading.com Plus500 MT4 YesNoNoMT5 YesYesNocTrader YesNoNoTradingView NoYesYesProprietary platform NoYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey BAXTER-FX’s trading platform features
We also evaluated whether BAXTER-FX offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA NoAlerts NoTrading bots (EAs) YesOne-click trading YesScalping YesSupported indicators NoTradable assets 100 Additional trading tools
BAXTER-FX offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
BAXTER-FX trading tools vs competitors BAXTER-FX Trading.com Plus500 Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoYesNoAPI YesNoNoFree VPS YesNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. NoNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. NoNoNo -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria2 /10BAXTER-FX supports mobile trading, offering dedicated apps for both iOS and Android. BAXTER-FX received 2/10 in this section, which suggests limited user interest or weak performance of the apps.
- Android and iOS apps
- Indicators not supported
We compared BAXTER-FX with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
BAXTER-FX Trading.com Plus500 Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 0 50,000 10,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 0 4.8 4.7 Google Play score 0 4.7 4.4 Mob. 2FA NoYesYesMob. Indicators NoYesYesMob. Alerts NoYesYes -
Customer Support
Score:We evaluated Customer Support at BAXTER-FX by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria3.7 /10The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.
In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.
Contacts Foundation date 2015 Registration address Level 3, 80 Clarence St. Sydney NSW 2000 ABN: 11 159 867 571 Official site baxter-fx.com Contacts info@baxter-fx.com +353 1 531 4232, +61 2 92 79 07 18
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FAQs
How do reviews describe the regulation status and safety level of BAXTER-FX?
The review states that BAXTER-FX has a safety score of 2.5/10 and is classified at a low security level. It is described as not being a regulated broker, with no negative balance protection, which the review notes may increase risks such as weaker investor protection and uncertainty around withdrawals.
What do reviews say about BAXTER-FX trading commissions and non-trading fees?
According to the review, BAXTER-FX receives a fees score of 10/10, indicating low trading and non-trading costs. It highlights tight EUR/USD and GBP/USD spreads on Standard accounts (typically 0–0.2 pips), a $2 per lot commission on ECN/RAW accounts, and no deposit, withdrawal, or inactivity fees specified in the section.
What account types and key conditions are available with BAXTER-FX?
The review notes that BAXTER-FX offers Demo, Standard, and ECN/Raw spread accounts, with a low minimum deposit mentioned but not quantified. It also specifies that there are no Cent, Micro, Swap Free, VIP, or managed account options, which may limit choices for some traders.
What markets and investment products are covered in reviews of BAXTER-FX?
The review indicates that BAXTER-FX provides access to 100 tradable assets, including 70 currency pairs, as well as stocks, commodity futures, cryptocurrencies, and stock indices, but no options. For more passive or investment-style products, the broker offers ETFs but does not provide bonds, copy trading, PAMM investing, or managed accounts.
What feedback is provided about the BAXTER-FX mobile trading apps?
The review states that BAXTER-FX supports mobile trading on both iOS and Android but assigns a mobile apps score of 2/10, suggesting limited user interest or weak performance. It also notes that mobile two-factor authentication, indicators, and trading alerts are not supported, and that download numbers and store ratings are listed as zero in this section.
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