Base Markets: MT5 accounts, market limits and funding rules

Base Markets provides Mauritius-based retail margin FX and CFDs through MT5. Its current account comparison offers Base Zero and Base Standard, with active live/demo registration links. Shares are still labelled coming soon, so the present multi-asset range should not be treated as live stock dealing.[2]

The FAQ additionally mentions tailored Base Pro pricing, while the current comparison offers only two accounts. Its availability and terms are not resolved. The FAQ says account types can be switched through the portal or support.[4]

The website requires legal age, at least 18, and excludes residents of the US, Iran, Myanmar and North Korea among other prohibited destinations. The Mauritius execution policy applies to retail clients and says the company does not classify clients as professional or eligible counterparties.[5][6]

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Base acts as principal counterparty and sole execution venue in the over-the-counter market. External liquidity and hedging do not give clients exchange membership or ownership of an underlying asset.[6]

The company explains its FX commission as USD 2 per side, USD 4 for opening and closing one standard lot, separate from the spread.[13]

The commodity and index pages advertise no commissions. These instrument conditions complement the account pricing.[9][10]

Swaps are applied daily and may be credits or charges. The swap page directs users to MT5: right-click the instrument, choose Specifications, then inspect the swap fields. It does not supply a dated numeric tariff or consistent worked formula in its public text, so no fixed overnight cost is inferred.[14]

The FAQ currently says no inactivity fee. Agreement §5.4 nevertheless permits an inactive classification and fee or closure after notice; its exact trading-inactivity period is not supplied.[15][4]

Agreement §10.7 separately prints overdue interest as central-bank base rate plus 3% per day. It supplies no worked calculation; this is not represented here as an annual rate.[15]

MT5 is available through desktop, browser and iOS/Android routes. Additional platforms are described as coming soon.[16]

Base advertises EAs and scalping on Zero. Its execution policy prohibits abusive latency exploitation and scalping outside permitted parameters; it does not give unrestricted high-frequency permission.[4][6]

A margin call is not a promise of advance warning. The risk disclosure says the usual 50% stop-out threshold can vary.[12]

Day orders expire at 22:00 GMT under Agreement §6.5; good-till-cancelled orders are also recognised. A universal minimum stop/freeze distance is not published.[15]

MetaQuotes’ MT5 instructions say stop-loss/take-profit orders reside on the broker’s server, whereas an EA and a trailing-stop adjustment depend on the running terminal and connection. The last submitted stop can remain effective after local automation stops. Mobile access alone does not establish continuous desktop automation.[17]

The funding page targets withdrawal processing within one business day, separate from receipt. Payments must be in the client’s name and normally return to their original source.[18]

The FAQ instead promises processing within 24 hours and same-business-day wires; bank receipt is separate.[4]

Withdrawals remain subject to available funds, margin and AML checks. Foreign-currency deposits may be converted at company/provider rates with conversion costs; no fixed markup is disclosed.[15]

Company termination without cause requires seven working days’ notice, closed positions, settled debts and returned remaining money.[15]

The account comparison’s “up to 50%” rebate has no published calculation basis, customer cash-release timetable or withdrawal conditions in the reviewed pages. It should not be counted as immediately withdrawable balance. The separately documented IB programme pays introducers and is not a client deposit bonus.[3][19]

The risk disclosure says client funds are pooled in segregated accounts with regulated institutions in Mauritius or abroad. Bank or broker failure can still delay or reduce recovery, and clients may rank as unsecured creditors. Negative-balance protection is not guaranteed unless confirmed in writing; losses can therefore exceed the initial deposit.[12]

The FX page advertises one-time-password authorisation for withdrawals. The reviewed public pages do not explain lost-authenticator recovery or a fixed withdrawal hold after a security reset. Identity checks, account recovery and release of cash remain separate processes.[8]

Agreement §14.4 permits telephone contact with the dealing desk to close orders during platform unavailability; §6.1 allows exceptional telephone/chat instructions. Dedicated access, authentication and hours are not specified.[15]

Base acknowledges formal complaints within five business days. Its May 2026 policy expects straightforward cases within 28 calendar days and a final response within eight weeks of receipt, with progress updates if delayed. Supply contact/account details, transaction date/time/instrument and supporting records. Senior-management review or the named FSC portal is the next route if dissatisfied.[22]

Statements and confirmations are provided electronically. Agreement §13.3 requires objections within 24 hours of receipt/availability, while §6.5 gives three business days for confirmations. The conflict is unresolved; export formats, tax certificates and post-closure access are not specified.[15]

The education hub and glossary explain markets and trading terminology. The FAQ permits EAs; the reviewed offering does not establish a separate managed-account or broker copy service. Vendor platform capability alone does not establish a broker-provided API or AI agent authorised to trade.[23][4]

The IB programme pays USD rebates on closed lots and adjusts tiers monthly, across FX, indices, metals, energy, crypto and soft commodities; stocks are excluded. CPA compensation depends on client location, first closed-trade asset class and a qualifying deposit from USD 400. These payments create referral incentives and are separate from the client’s account balance.[19]

Base’s May 2026 complaints policy dates incorporation to 4 July 2025 and describes effective management in Mauritius with business principally outside it. The current legal relationship and claimed Investment Dealer permission are Mauritian, despite the legal webpage heading “FSA Entity Terms”. That heading does not establish a Seychelles entity.[22][5]

The company describes a team with prior brokerage experience but does not identify ultimate owners or publish a named management roster on the reviewed company pages. Its core proposition is MT5 trading with either raw-spread commission pricing or a spread-inclusive account; no completed client migration was established.[24]