BAXTER-FX Trading Signals - TU Expert review

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Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of BAXTER-FX trading signals. You will learn what kinds of trading signals BAXTER-FX offers and what the conditions for using them are.

Short introduction of 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.

💰 Account currency: USD, EUR, GBP, AUD
🚀 Minimum deposit: 50 000 USD
⚖️ Leverage: 1:50
💱 Spread: from 0,5 p
🔧 Instruments: Forex , CFDs Stocks, Options, Precious Metals
💹 Margin Call / Stop Out: 50%/50%

BAXTER-FX Pros and Cons

👍 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.

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

  • Copy trading.

  • Email alerts.

  • Signals through a blog on the website.

  • Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

BAXTER-FX Trading Signals

Information

Baxter FX is a clearing platform, i.e. a link between trading instruments of brokers, liquidity provides and ECN systems. The platform does not charge trading fees. Instead, it charges execution fees in the amount of USD 5-15 per $1 million traded.

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that BAXTER-FX does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

FAQs

How do I choose a signal provider?

Consider the profitability, the list of instruments the signals are provided for and the risk level of the strategy.

How are the signals provided via a newsletter?

A trader regularly receives trading signals to his/her email or personal messages in the account. As a rule, they are provided in the form of a report with screenshots of technical analysis.

Is automatic position opening based on signals possible?

Yes, it is what copy trading implies. In this case, all trades are copied automatically to the trader’s platform.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.