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Broker with Swiss Name and Mauritian Registration

October 16, 2009 (Last updated on January 9, 2013) by

The new Forex broker that was added to the list of the list on my site is Basel Financial. Although, its name suggests a Swiss connection (Basel is a major city in Switzerland), the company is registered and regulated by the Financial Service Commission of Mauritius, which is quite far from Europe. This Forex broker has very favorable conditions for the traders with only $50 minimum account size and a leverage up to 1:500. It’s a MetaTrader broker (which one isn’t nowadays?) and they accept three major e-payment systems — PayPal, Moneybookers and WebMoney. The overall conditions for all traders are more than good; I’d even say that they are excellent. Unfortunately, I don’t have any real account trading experience with Basel Financial and can’t say anything about their execution, stability and transaction handling quality. Other features of this Forex broker are:

  • Forex, metals, energies and index trading
  • Deposit bonuses for real account traders
  • 1 pip spread on EUR/USD
  • 0 pip spread for micro accounts
  • Islamic accounts are available

If you have any questions or comments regarding Basel Financial Forex broker, please, feel free to reply using the form below.

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