BaselFinancial.com Review

http://www.gov.mu/portal/sites/ncb/fsc/download/Communique_25May2010_2.pdf

From Financial Services Commission website.
Baselfinancial lost their license.

Surprising the company is not trying to maintain it credibility.

baselfinancial scam broker. i withdrawal 7 may. i'm still waiting my money though

The really are a bad broker. You may easily open an account with them, execute every trade well, get profit, but then when you need your money back, a withdraw is unbelievable difficult. I'm still waiting for my money though.

Stay away people!!

I started with Baselfinancials last October n, every thing was fine in everything, starting from March 2010 excuses with auditing held any withdrawal , but they allow me to withdraw 25 usd to my moneybookers account twice , one in March and one in April but i submitted a wd request on 12 April more than 100 usd , but got nooooo answer , always they are claiming on chat that their mail server is down for the last COUPLE DAYS , but now just seeing my name they are closing the chat, with no answer by mail or phone, I believe they are not going to pay

I lost my account with crownforex.com in 2008, now this Basel have same traiding rules like Crownforex.com. Scalping rule 100% copy from crownforex.com. I never registered with Basel and they sending me e-mails (crownforex.com mailing list). I think crownforex.com guys running Basel now. Be careful!

I am still waiting for the funds. I strongly believe that the postive reviews have been left by the Basel staff. When you google the company you will get a spam warning. Staw away from these crooks.

2010-01-25 1 Star They are scam. I made some money with them and tried to withdraw but they are not answering emails. I will make formal complaints to the police and Financial Securities of Mauritius where they are supposedly registered. I would advise anyone not to open an account with these crooks.

I have to give them one more star as I got all my funds returned withen hours of telling them I have an Alert Pay account. This was an overeaction on my part when I became concerned that they might be a scam. I have concluded that they should be four stars and I am going back this week.

2010-02-26 3 Stars I have been with Basel Financial since Sept of 2009 and I love the platform and the fact that you can trade micro Dow Jones and other stock indexes, gold, silver, crude oil, natural gas, and all the forex currencies. I have saved many dollars by using them instead of my other brokers especially when I am uncomfortable on trades and do not wish to risk $5.00 or more per point but 10 cents per point is less risky. Course you make less money but that's OK. My biggest problem with Basel is the requotes I get everyday, sometimes multiple requotes on the same trade. I may leave for that reason but the problem is my losses will cost much more so its a double edged sword.

fake reviews coming on? Basel doesn't even use paypal, if they did they'd actually have to pay people. As soon as you profit beyond your deposit it seems, or anywhere close, good luck getting your w/d.

2010-02-24 1 Star This "brokerage" is unfolding to be a scam. I have a withdrawal request in since 2/12. Have live chatted with them a few times inquiring on it's delay, and am given various excuses. First it was 'short staffed', then it's 'technical problems', then it's 'it will be processed as soon as' (yes that's the exact quote over and over, and won't clarify as soon as WHAT. Lastly, was told to contact accounting@ via email, no response of course. Final straw today, was in live chat as soon as I stated my account number they shut down the chat and went offline.
DO NOT send any funds here, you will not get them back! I have withdrawals pending of over 1000.00 and it doesn't appear I am going to get my money back.

I Recently Made A Profit With Basel & I Requested A Withdraw Into My PayPal Account. Within Two (2) Hours Of The Withdraw Request, The Funds Appeared In My PayPal Account! So With That Fast Execution & Their One Pip Spreads, I Would Highly Advise Their Use As A Broker.

I have been trading with Basel for the last 4 months, thier execution is fast, there live support is effective all the time "good support" they have several deposits and withdrawals mechanisims,,,,,i like that, i give them 4 stars,,,
they are easy to open an account with,,,