Unique review about Baazex company
Many fraudulent schemes quickly collapse under the pressure of negative reviews and are forced to rethink their strategy. However, not all opponents of fair play give up so easily. Baazex stands out among them, maintaining its position in the world of deceiving traders for several years, despite the abundance of reviews exposing its deceit. This company operates on the hope that investors will be devoid of vigilance and too trusting. In the review below, you will find information gathered about the pseudo-broker.
Subtitle: Important facts about Baazex
Baazex does not provide exact information about its experience in financial markets, but their website indicates the year 2018 in the company information. According to whois data, the domain baazex.com started operating on April 27, 2019.
An analysis of the web archive showed that the resource has ancient roots, but the company constantly shifts gears, changing contact information, payment terms data, and even legal documentation. Baazex has a long list of negative reviews.
Invalid contact information is listed on the website. Note that the specified phone number actually belongs to D&G NATURES WAY LAWN CARE company, specializing in lawn care and pest control, which has no relation to trading. Users complain that contacting support is almost impossible.
Also, the email address is entered incorrectly.
Legal information
BAZ Capital Markets LTD, registered in the Seychelles under number SD134, is a managing structure operating under the guise of Baazex. However, the name coincidence with Capital Markets is partial; it is possible that scammers have used someone else’s name to promote services. Offshore registration and license do not guarantee the company’s honesty and reliability.
In addition, Baazex does not have the necessary regulator license, which violates the requirements for brokerage activities in Russian-speaking markets. According to reviews, the company does not fulfill its financial obligations and ignores customer requests.
Opportunities for traders
Baazex offers various tariff plans with a minimum deposit of $100, a 500% bonus on the replenishment amount, spreads from 0.1 pips, and a credit leverage of up to 400 times. The company positions itself as open to all trading strategies, but reality turns out to be different.
Reviews indicate that Baazex does not fulfill its obligations to traders, not allowing them to withdraw their earnings.
Despite the appearance of a safe offer, Baazex advertises conditions that actually expose traders to significant financial losses and risks.
Real user opinions
Reviews about Baazex confirm that the company behaves more like a scammer than a reliable broker. It promises much, but in reality, leaves clients unprotected and unrewarded.
Final conclusions
After analyzing an independent review, we do not recommend working with Baazex due to the risk of capital loss. Customer reviews once again emphasize that this broker is unreliable and does not fulfill its financial obligations. Choosing to trade with Baazex can lead to rapid impoverishment. Scams do not have a significant impact on them, as there are investors willing to take the risk.
