Baxter Financial Group has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 212 401 2982, Fax: 1 212 730 7663, 1 212 918 1498, Fax: 1 212 918 1497
Addresses: 24 1040 Avenue of the Americans New York 10018 USA; /918 1497 and 275 Madison Ave. 6th Floor. New York NY 10016 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.baxterfinance.com.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Baxter Financial Group said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Transparent fees|Dedicated account manager|Automated trading options
Cons: Mobile app could be improved
I referred a friend to Baxter Financial Group after seeing their ad online. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Personal attention|Smooth onboarding
Cons: Cannot customize dashboard fully
After since last summer with Baxter Financial Group, 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: Economic calendar|Excellent charting|Good mobile app|Demo account available
Cons: Limited demo account features
Do not be fooled by the professional-looking website. Behind the scenes, Baxter Financial Group is disorganized and incompetent. I found them based on a colleague's recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multiple order types|Easy to use platform|Social trading features|Wide product range
Cons: No fractional shares
Baxter Financial Group advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Segregated accounts|Regular updates|Low minimum deposit|Good analytical tools
Cons: Wish they had more educational resources|Account statements could be more detailed
After using Baxter Financial Group for the past six months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Professional team|Instant funding
Cons: Wait times can be long during peak hours
The mobile app from Baxter Financial Group is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Copy trading available|Clear documentation|Segregated accounts|Fast execution
Cons: Limited demo account features|Currency conversion fee exists
I found Baxter Financial Group from a blog post comparing services and the initial impression was positive. But for a couple of months now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Dividend tracking|Clean UI|Regular updates
Cons: Spreads widen during volatile periods
I closed a profitable position at Baxter Financial Group and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Clear documentation|Great customer service|Reliable uptime|Regular platform improvements
Cons: None so far