Baxter FX Review and Information 2023

	Baxter FX
Voting Rating	Baxter FX does not participate in the Forex Rating Submit Forex Broker
Reviews Rating
Regulation	ASIC
Trading software	Currenex, Hotspot, FxAll
Headquartered	Level 3, 80 Clarence st. Sydney, Australia

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 way.

BAXTER-FX Clearing allows you to trade spot FX on all of the most popular and liquid multibank platforms.

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 way.

Platform connectivity. Your trading software connects directly to the FX platforms of your choice, via FIX or their dedicated APIs (FIX, ITCH, OUCH). The result is the fastest execution time possible. No slow routing via a broker gateway.
Member of the FX Clearing House. BAXTER FX is a member of theFX Clearing House, first ever clearing house for spot FX settling on blockchain.

Total flexibility in theworld's largest market

Treasury or Futures Style reporting
Access to all of the most popular ECNs
Margin your positions across all platforms and all currencies
Real-time Risk Management
See all your positions in one online site, updated in real time
No mark-ups
Sophisticated PAMM module

In-house technology

Our technology team responds to customer needs quickly and efficiently. All BAXTER systems are built and supported with proprietary technology. Put simply, this means BAXTER systems are more reliable and adaptive than any white-labelled system or platforms using 3rd party technologies. Every aspect of our trading systems can be customized to meet specific customer requirements.

All your trades consolidated in one location

BAXTER-FX receives your trades from the different platforms in real time via STP (Straight Through Processing). All the trades will be availabe in your web clearing portal in real time.

FX platforms. Quick sort, filter and export. You can sort your search results by platform, date, currency pairs… And export them as CSV or PDF files.
How do you want to see your fees? Choose your preference between fees combined or split.

Baxter FX Trading Information 2023

Baxter FX Reviews and Comments

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.
Charles S.
15 May 2023 Reply