15 May 2023Charles S.
Before opening an account with Baxter FX, I read opinions about Forex in this company, I saw that there were no complaints, so I decided to make a small test amount and test trading in the company on my own. According to the results of the month of trading: normal execution of transactions, there were no delays and freezes, spreads are very good even on the minimum type of account I trade on (which probably 99% of traders trade on). Spreads expand on the news, but, no more than in other companies, so it can be classified as non-kitchen, there is something to compare with, I didn’t notice any problems here. At 21 GMT, the spread expands every day, I have also been familiar with this phenomenon from trading experience for a long time, the essence is that it is at this time that the date changes, banks conduct swaps, clearing, spreads widen on the market for 5 minutes. I'm used to taking this into account, so it's impossible to somehow suffer. I tested the execution of pending orders, they slide not only into minus, but also into plus, normally. In my opinion, Baxter FX is a good broker, at the moment I believe in the marketability and non-kitchen nature of the company. So that's their pros. Cons: the minimum deposit is too high, not all payment methods are available.
Either you are a proprietary trader or a fund manager, trade spot FX on all of the most popular and liquid multibank platforms. By opening one clearing account with BAXTER-FX, you can buy on one platform, sell on another, and see your margins and P/Ls across all platforms in your clearing portal. BAXTER is an innovative best execution and technology group specialized in the currency markets. Our mission is to open access to the most competitive and liquid FX markets in the most efficient...
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