Baker Young Stockbrokers Limited Review 2020

Baker Young Stockbrokers Limited Rated 3/5
learn more Learn more about eToro. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Baker Young Stockbrokers Limited Guide

Baker Young Stockbrokers Limited are an online broker founded in 2017 offering Forex trading trading.

Baker Young Stockbrokers Limited are a global broker and have a head office in Australia.

Baker Young Stockbrokers Limited have a listed stock symbol. This means that Baker Young Stockbrokers Limited have publically listed and you can officially buy shares in Baker Young Stockbrokers Limited on one of the worlds global market exchanges.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Baker Young Stockbrokers Limited we break down the pros and cons. What Baker Young Stockbrokers Limited are able to offer, what countries Baker Young Stockbrokers Limited are available in. Who Baker Young Stockbrokers Limited are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Baker Young Stockbrokers Limited

  • Regulated by: Unregulated
  • Headquarters Country : Australia
  • Foundation year 2017
  • Min Deposit : 200
  • Used by over 10,000 traders
  • Baker Young Stockbrokers Limited is not available in the following countries :
Open Baker Young Stockbrokers Limited's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Baker Young Stockbrokers Limited

With this review we hope to help you see if Baker Young Stockbrokers Limited is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Baker Young Stockbrokers Limited that will help you get off to a good start in the world of online trading.

Baker Young Stockbrokers Limited Review Table of Contents

Baker Young Stockbrokers Limited what you should know

Baker Young Stockbrokers Limited offer one way to trade: Forex trading.

With Baker Young Stockbrokers Limited you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with Baker Young Stockbrokers Limited platform.

Baker Young Stockbrokers Limited are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Baker Young Stockbrokers Limited safe?

When choosing a broker like Baker Young Stockbrokers Limited the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2017, and in operation for 3 years Baker Young Stockbrokers Limited have a head office in Australia.

Baker Young Stockbrokers Limited is regulated. This means Baker Young Stockbrokers Limited are supervised by and is checked for conduct by the Unregulated regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Baker Young Stockbrokers Limited, this will be honored. If Baker Young Stockbrokers Limited violate any regulatory rules their regulated status could be stripped.

Any payments funded to Baker Young Stockbrokers Limited accounts by traders are held in a segregated bank account.

For added security Baker Young Stockbrokers Limited use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Baker Young Stockbrokers Limited. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Baker Young Stockbrokers Limited

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker bakeryoungstockbrokerslimited eToro XTB Pepperstone
Year Established 2017 2006 2002 2010
Head Office Australia Cyprus, UK Poland Australia
Regulation Unregulated Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Used By 10,000+ 12,000,000+ 250,000+ 10,000+
Negative balance protection No Yes Yes
Guaranteed Stop Loss No Yes No
Learn More Visit Baker Young Stockbrokers Limited Visit eToro Visit XTB Visit Pepperstone
Risk Warning Your capital is at risk 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Baker Young Stockbrokers Limited Pros and Cons

What we like about Baker Young Stockbrokers Limited

  • Used by over 10,000 traders
  • Established in 2017
  • Regulated by Unregulated
  • Min. deposit from $200

What we don't like about Baker Young Stockbrokers Limited

Baker Young Stockbrokers Limited Financial Regulation and Supervision in more detail

Baker Young Stockbrokers Limited are not supervised or regulated by any well known regulatory bodies. Its normal to find online brokers like Baker Young Stockbrokers Limited that are not regulated yet appear to be legitimate.

Baker Young Stockbrokers Limited maybe relatively new. Some brokers provide their service under offshore licenses to save operational costs. Regulatory licensing can be very costly. We recommend only trading with regulated brokers. Should anything go wrong with Baker Young Stockbrokers Limited you are not guarenteed help in a difficult situation.

  • Unregulated

Baker Young Stockbrokers Limited General Fees

  • Baker Young Stockbrokers Limited withdrawal fees varies on payment method
  • Baker Young Stockbrokers Limited does charge inactivity fees
  • Baker Young Stockbrokers Limited does charge deposit fees
Broker bakeryoungstockbrokerslimited eToro XTB Pepperstone
Min Deposit 200 200 0 200
Withdrawl Fees varies Yes varies No
Inactivity Fees Yes No Yes
Deposit Fees No No No
CFD Commission Fees No Yes Yes

Baker Young Stockbrokers Limited Commissions

  • Baker Young Stockbrokers Limited does charge commission on CFD instruments.

What can you trade with Baker Young Stockbrokers Limited?

You can trade a wide variety of instruments with Baker Young Stockbrokers Limited over 43 instruments infact.

If you are looking at trading currency pairs Baker Young Stockbrokers Limited offer over currency pairs.

Compare Baker Young Stockbrokers Limited with eToro and XTB below.

Your capital is at risk

Broker bakeryoungstockbrokerslimited eToro XTB Pepperstone
Instruments Available 43 100 1,500 100
Platforms iPhone/iPad,iOS, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
FX / Currencies Visit Baker Young Stockbrokers Limited Visit eToro Visit XTB Visit Pepperstone
Forex pairs offered 50 50 70
Major forex pairs No Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit Baker Young Stockbrokers Limited Visit eToro Visit XTB Visit Pepperstone
Commodities Offered 0 0 21 16
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes No
Indiced & Stock CFDs Visit Baker Young Stockbrokers Limited Visit eToro Visit XTB Visit Pepperstone
Stocks Offered 957 1696 60
UK Shares No Yes Yes No
US Shares No Yes Yes No
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes No

Trading on Baker Young Stockbrokers Limited web platforms and other applications

Baker Young Stockbrokers Limited offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

Baker Young Stockbrokers Limited also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See bakeryoungstockbrokerslimited's platforms

Baker Young Stockbrokers Limited Trading benefits :

  • Low min deposit

Baker Young Stockbrokers Limited Trading Accounts Offered :

Can I try Baker Young Stockbrokers Limited before I buy?

Baker Young Stockbrokers Limited offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Baker Young Stockbrokers Limited withdrawl and funding methods.

Baker Young Stockbrokers Limited offer the below funding payment methods. learn more about Baker Young Stockbrokers Limited

  • Credit cards
  • PayPal
  • Skrill
Broker bakeryoungstockbrokerslimited eToro XTB Pepperstone
Bank transfer No Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes Yes Yes
Neteller No Yes Yes Yes

How can I start trading with Baker Young Stockbrokers Limited?

When opening a trading account with Baker Young Stockbrokers Limited, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Baker Young Stockbrokers Limited trading platforms here.

Performing trades with Baker Young Stockbrokers Limited

Baker Young Stockbrokers Limited allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Baker Young Stockbrokers Limited allow you to execute a maxium trade of varies.

As a market maker, Baker Young Stockbrokers Limited may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at Baker Young Stockbrokers Limited

To trade effectively with Baker Young Stockbrokers Limited, it's important to get a have a good understanding of the Baker Young Stockbrokers Limited trading tools and the markets.

Baker Young Stockbrokers Limited offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Baker Young Stockbrokers Limited.

Take time to look around the Baker Young Stockbrokers Limited platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Baker Young Stockbrokers Limited

Baker Young Stockbrokers Limited support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Baker Young Stockbrokers Limited have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Baker Young Stockbrokers Limited less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Baker Young Stockbrokers Limited

We tested the Baker Young Stockbrokers Limited live chat and it works well. We sent messages to Baker Young Stockbrokers Limited livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with Baker Young Stockbrokers Limited support in multiple languages in multiple countries. Baker Young Stockbrokers Limited where able to resolve our customer issues.

Email Support at Baker Young Stockbrokers Limited

We sent several emails to Baker Young Stockbrokers Limited and answer times overall were excellent. The fastest response from Baker Young Stockbrokers Limited was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Baker Young Stockbrokers Limited, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Baker Young Stockbrokers Limited.

Phone Support at Baker Young Stockbrokers Limited

We called Baker Young Stockbrokers Limited and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Baker Young Stockbrokers Limited phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Baker Young Stockbrokers Limited team by calling in varying languages. Baker Young Stockbrokers Limited made an effort to make sure our queries were answered.

Overall the phone support from Baker Young Stockbrokers Limited was okay.

See how Baker Young Stockbrokers Limited Support Compares Against Other Brokers

Broker bakeryoungstockbrokerslimited eToro XTB Pepperstone
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More Visit Baker Young Stockbrokers Limited Visit eToro Visit XTB Visit Pepperstone
Risk Warning Your capital is at risk 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

What you will need to open an account with Baker Young Stockbrokers Limited

As Baker Young Stockbrokers Limited is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Baker Young Stockbrokers Limited's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Baker Young Stockbrokers Limited you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.bakeryoung.com.au on 12th August 2018.

Is Baker Young Stockbrokers Limited A Good Broker?

We spent over 3 months examining Baker Young Stockbrokers Limited in depth. Although we found some very useful aspects of the Baker Young Stockbrokers Limited platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Baker Young Stockbrokers Limited broker.

Baker Young Stockbrokers Limited Risk Disclaimer

Your capital is at risk

Baker Young Stockbrokers Limited not quite right?

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If you feel some of the above Baker Young Stockbrokers Limited are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Baker Young Stockbrokers Limited alternatives below.

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BAKER YOUNG STOCKBROKERS LIMITED Frequently Asked Questions

Can I try Baker Young Stockbrokers Limited before I buy?

Baker Young Stockbrokers Limited do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Baker Young Stockbrokers Limited accept?

Baker Young Stockbrokers Limited offer the following funding payment methods accept Credit cards, PayPal, Skrill, among other payment methods.
Learn more here

Your capital is at risk

Is Baker Young Stockbrokers Limited safe?

While Baker Young Stockbrokers Limited may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Baker Young Stockbrokers Limited accounts by traders are held in a segregated bank account. For added security Baker Young Stockbrokers Limited use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Baker Young Stockbrokers Limited trading good?

While Baker Young Stockbrokers Limited may not necessarily be considered bad, they are not regulated. We would recommend trading with only regulated brokers.Baker Young Stockbrokers Limited is used by over Baker Young Stockbrokers Limited active traders. Baker Young Stockbrokers Limited offers Forex trading trading. Minimum deposit with Baker Young Stockbrokers Limited is mindeposit.

Is Baker Young Stockbrokers Limited trading Legit?

Baker Young Stockbrokers Limited was founded in Australia in 2017. Baker Young Stockbrokers Limited has been facilitating trade on the financial markets for over 3 years. Baker Young Stockbrokers Limited offers clients Forex trading trading. All funds deposited to Baker Young Stockbrokers Limited are held in segregated tier 1 bank accounts for security. Baker Young Stockbrokers Limited is not regulated. Although this doesnt mean Baker Young Stockbrokers Limited are awful, we recommend trading with regulated brokers.

Is Baker Young Stockbrokers Limited a good broker?

Baker Young Stockbrokers Limited is not regulated by a top tier financial regulator. While many traders may still find trading with Baker Young Stockbrokers Limited useful, we recommend only trading with a broker that has regulation.Baker Young Stockbrokers Limited allows Forex trading trading.

Is Baker Young Stockbrokers Limited trustworthy broker?

While having many plus points because Baker Young Stockbrokers Limited is not regulated we personally would not trade with them. Make any broker you trade with is regulated and places any funded money into segregated tier 1 bank accounts. If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.

What is the minimum deposit for Baker Young Stockbrokers Limited?

The minimum deposit to trade with Baker Young Stockbrokers Limited is 200.

How long do Baker Young Stockbrokers Limited withdrawals take?

Withdrawing money from Baker Young Stockbrokers Limited processing time varies but averages 2-5 days.

Is Baker Young Stockbrokers Limited regulated?

Baker Young Stockbrokers Limited is not regulated by a top tier financial regulator.

Is Baker Young Stockbrokers Limited a market maker?

Baker Young Stockbrokers Limited is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Baker Young Stockbrokers Limited?

When opening a trading account with Baker Young Stockbrokers Limited, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Baker Young Stockbrokers Limited trading platforms here.

Is my money safe with Baker Young Stockbrokers Limited?

Baker Young Stockbrokers Limited is regulated by Unregulated. One of the most important criteria for traders when choosing a broker like Baker Young Stockbrokers Limited is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Baker Young Stockbrokers Limited, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Baker Young Stockbrokers Limited a con?

While we would noy say that Baker Young Stockbrokers Limited is a con. Because they are not regulated by a top tier financial regulator we would not trade with them.

Can you make money with Baker Young Stockbrokers Limited?

Although traders have had great success with Baker Young Stockbrokers Limited. Trading on the financial markets with Baker Young Stockbrokers Limited is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Baker Young Stockbrokers Limited have fees?

Baker Young Stockbrokers Limited withdrawal fees varies on payment method. Baker Young Stockbrokers Limited does charge inactivity fees. Baker Young Stockbrokers Limited does charge deposit fees.

When was Baker Young Stockbrokers Limited founded?

Baker Young Stockbrokers Limited was founded in 2017.

How many people use Baker Young Stockbrokers Limited?

Baker Young Stockbrokers Limited is used by over 10000 registered traders.

What is Baker Young Stockbrokers Limited Headquarters country?

Baker Young Stockbrokers Limited has its head quarters office in Australia.

Does Baker Young Stockbrokers Limited offer negative balance protection?

Baker Young Stockbrokers Limited does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Baker Young Stockbrokers Limited offer guaranteed stop loss?

Baker Young Stockbrokers Limited does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price.

Does Baker Young Stockbrokers Limited allow scalping?

Baker Young Stockbrokers Limited does not offer scalping.

Does Baker Young Stockbrokers Limited allow hedging?

Baker Young Stockbrokers Limited does not offer hedging.

Does Baker Young Stockbrokers Limited offer CFD trading?

Baker Young Stockbrokers Limited does not offer CFD trading.

Does Baker Young Stockbrokers Limited offer STP?

Baker Young Stockbrokers Limited does not offer STP trading.

How many people use Baker Young Stockbrokers Limited?

Baker Young Stockbrokers Limited is used by over 10000 traders.

Is Baker Young Stockbrokers Limited an ECN broker?

Baker Young Stockbrokers Limited does not offer ECN trading.

Does Baker Young Stockbrokers Limited offer a demo account?

Baker Young Stockbrokers Limited does not offer demo account.

Does Baker Young Stockbrokers Limited offer an Islamic account?

Baker Young Stockbrokers Limited does not offer Islamic accounts.

What are the funding methods for Baker Young Stockbrokers Limited?

Baker Young Stockbrokers Limited accept the following funding methods : Credit cards, PayPal, Skrill,

Baker Young Stockbrokers Limited review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Baker Young Stockbrokers Limited brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Baker Young Stockbrokers Limited review written by Mark Hansen of Comparebrokers.co