Baxia Markets sign up bonus of $30. Those interested in opening a BxStandard or BxZero Account should know they will be eligible for a sign-up or welcome bonus.
BAXIA MARKETS AT A GLANCE
| 🔎 Broker's Name | Baxia Markets |
| 🏛️ Headquarters | Bahamas, Seychelles |
| 🏛️ Global Offices | Bahamas, Seychelles |
| 🏛️ Local Market Regulators in South Africa | Financial Sector Conduct Authority (FSCA) |
| ✴️ Foreign Direct Investment in South Africa | 10309.28 billion ZAR |
| ✴️ Foreign Exchange Reserves in South Africa | 46.3 billion ZAR |
| 🏛️ Local office in South Africa? | No |
| ✴️ Governor of SEC in South Africa | None, the governor of the Reserve Bank in South Africa is EL (Lesetja) Kganyago |
| ✔️ Accepts South Africa Traders? | Yes |
| 📅 Year Founded | 2020 |
| 👥 South Africa Office Contact Number | None |
| 🌐 Social Media Platforms | Twitter |
| ⚖️ Regulating Authorities | SCB, FSA Seychelles |
| 🌐 Tier-1 Licenses | None |
| 🌐 Tier-2 Licenses | None |
| 🌐 Tier-3 Licenses | The Securities Commission of the Bahamas (SCB) Financial Services Authority of Seychelles (FSA) |
| 🔎 License Number | Bahamas – 177330B Seychelles – SD104 |
| ⚖️ FSCA Regulation | None |
| ✴️ Regional Restrictions | USA, Canada, Cuba, Sudan/Republic of Sudan, Syria, Iran, Iraq, South Sudan, Venezuela, Libya, Belarus, Afghanistan, Myanmar, Russia, China, Crimea, Donetsk, Luhansk, Palestine, North Korea |
| ☪️ Islamic Account | None |
| 📒 Demo Account | Yes |
| 📊 Retail Investor Accounts | 2 |
| 📊 PAMM Accounts | Yes |
| 📈 Liquidity Providers | None Indicated |
| 💰 Affiliate Program | Yes |
| 🚀 Order Execution | Market |
| 📈 Starting spread | 0.0 pips EUR/USD |
| 💰 Minimum Commission per Trade | 7 USD per Standard Lot |
| 💳 Decimal Pricing | 5th decimal pricing |
| 📊 Margin Call | 90% |
| 📊 Stop-Out | 20% |
| 📈 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | None indicated |
| 📊 Crypto trading offered? | No |
| 💰 Offers a ZAR Account? | Yes |
| 💻 Dedicated South Africa Traders Account Manager? | No |
| 📈 Maximum Leverage | 2000:1 |
| 📈 Leverage Restrictions for South Africa? | None |
| 💳 Minimum Deposit (ZAR) | 50 USD / 920 ZAR |
| 💳 South Africa Rand Deposits Allowed? | No, only USD, EUR, GBP, AUD |
| 👥 Active South Africa Traders Trader Stats | 200,000+ |
| 👥 Active South Africa Traders-based Baxia Markets customers | Unknown |
| 👥 South Africa Daily Forex Turnover | 13.1 billion USD |
| 💳 Deposit and Withdrawal Options | Credit Card Debit Card AstroPay Sticpay Local Bank Transfer |
| 📊 Minimum Withdrawal Time | 24 hours |
| 📊 Maximum Estimated Withdrawal Time | 5 Working Days |
| Instant Deposits and Instant Withdrawals? | No |
| Segregated Accounts with South African Traders Banks? | No |
| 📱 Trading Platforms | MetaTrader 4 MetaTrader 5 |
| 🚀 Tradable Assets | Forex Metals Energies Indices |
| 📈 Offers USD/ZAR currency pair? | Yes |
| 📈 USD/ZAR Average Spread | 10 pips |
| 📌 Offers South Africa Traders Stocks and CFDs | No |
| 📌 Languages supported on the Website | English |
| 📌 Customer Support Languages | Multilingual |
| ✴️ Copy Trading Support | No |
| 👨🏼💼Customer Service Hours | 24/5 |
| ⬆️ South Africa Traders-based customer support? | No |
| 💰 Bonuses and Promotions for South Africa Traders | Yes |
| 📊 Education for South Africa Traders beginners | Yes |
| 📊 Proprietary trading software | No |
| 📶 Most Successful Trader in South Africa | Ref Wayne (500 million USD+) |
| 💬 Is Baxia Markets a safe broker for South Africa Traders? | Yes |
| 💬 Rating for Baxia Markets South Africa | 7/10 |
| ⏲️ Trust score for Baxia Markets South Africa | 79% |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 50
Regulators
SCB, FSA
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Baxia Markets Sign-up bonus – 5 key points quick overview:
Sign-up Bonus- Referral Bonus
- Additional broker bonuses, promotions, and rewards
- Baxia Markets Pros and Cons
- FAQ’s
Sign-up Bonus
Simply put, Baxia Markets does provide a no-deposit incentive for traders to test the waters before they commit real money.
However, via Baxia Markets’ demo account incentive program, investors can trade with virtual funds and perhaps win real money. The Baxia Virtual to Real Demo Contest is only open to practice accounts.
That means there is zero risk for traders competing for cash awards. Moreover, this demo competition offers participants a risk-free opportunity to hone their trading skills while offering real prizes to the top finishers.
Referral Bonus
Baxia Markets offers a referral bonus.
Traders who register a real account will be given a referral link to provide to their friends so they may open an account, too.
For example, suppose a referred trader opens an account and meets the minimum initial deposit and total trading volume requirements. In that case, the referring trader will receive $50.
Those who participate in the referral program must verify that they and their recommendation meet these criteria before a bonus may be awarded. Unlike other types of bonuses, cash bonuses are not exchanged for goods or services.
Additional broker bonuses, promotions, and rewards
Baxia Markets does not offer a broker bonus to traders who register a real account, a trading bonus for active traders to trade larger volumes, or incentives for loyal customers.
However, a broker bonus is often the best way for brokers to reward their traders who trade consistently.
Baxia Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Traders can opt for the referral bonus with Baxia Markets | Baxia Markets does not reward loyal customers |
| There is a bonus offered to demo account holders | |
| Baxia Markets offers real cash with bonuses |
Min Deposit
USD 50
Regulators
SCB, FSA
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
You might also like: Baxia Markets Minimum Deposit
You might also like: Baxia Markets Demo Account
You might also like: Baxia Markets Fees and Spreads
You might also like: Baxia Markets Account Types
You might also like: Baxia Markets Withdrawal process
FAQ’s
Can I get a welcome bonus with Baxia Markets?
Baxia Markets currently offers a welcome bonus of $30 to newly-registered South Africans.
How much can I earn with the Baxia Markets referral bonus?
You can earn 50 USD per successful referral once they fulfil the volume requirements.
Which trading account can I use to get the Baxia Markets bonus?
You can register either the BxStandard or BxZero Account.
Who can get the Baxia Markets demo bonus?
Anyone who registers a demo account can access the demo bonus. Traders can easily register a demo account from the official Website on MT5, verify their contact details, and start trading.
Does Baxia Markets offer bonuses to active traders and loyal customers?
Baxia Markets only offers a demo account contest and referral bonus. However, Baxia Markets changes its incentives often, and broker bonuses could be offered eventually.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
Top 4 Brokers
