Forex Brokers

Barox International

1.5 (15 reviews)
🇳🇿 New Zealand
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1.5
15 reviews
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About Barox International

Barox International has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Bonus terms impossible to meet

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Steven P.
3 weeks ago

Barox International offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Easy to use platform|Responsive team|Good analytical tools|Real-time alerts

Cons: Could offer more webinars

Migration from old platform was a mess

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Laura H.
2 months ago

I wanted to transfer my portfolio from another broker to Barox International. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Copy trading available|Responsive team|Comprehensive tools

Cons: Limited demo account features

Regulatory warning exists for this firm

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Emily T.
2 months ago

For anyone considering Barox International, please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Still waiting for my withdrawal

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Tiffany X.
3 months ago

After spending for over a year trying to make Barox International work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: API access|Clear documentation

Cons: Account statements could be more detailed

Indicators are limited and buggy

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Isaac X.
4 months ago

Do not believe the bonus offer from Barox International. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a trusted YouTuber reviewed them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Instant funding|No hidden fees|Regular platform improvements

Cons: Website design could be more modern

They do not honor their terms

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Ian S.
4 months ago

I gave Barox International a fair chance. After for over three years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Demo account available|Good mobile app

Cons: Live chat only during business hours|Email notifications too frequent

Not regulated - verified this myself

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Lisa K.
5 months ago

After seeing ads for Barox International online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Flagged by Financial Markets Authority|Cannot verify credentials

Not worth a single penny

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Connor X.
6 months ago

I trusted Barox International with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Transparent fees|Segregated accounts

Cons: Would like more payment methods

Unprofessional and unreliable

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Shannon V.
6 months ago

Barox International had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Social trading features|Multi-device support|Great customer service

Cons: Inactivity fee applies after 12 months|Email notifications too frequent

No risk warnings whatsoever

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Patrick Y.
8 months ago

After for the past six months with Barox International, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Good mobile app|Automated trading options|Real-time alerts

Cons: Research section could be deeper|Alert system is basic