Side-by-Side Comparison Independent Updated Jun 15, 2026
AscendEX vs Baraka 2026: Which Broker is Better?
Compare AscendEX and Baraka side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
AscendEX
Baraka
VS
| AscendEX | Baraka | |
|---|---|---|
| BrokerRank Score | 3.3/5 ✓ | 2.8/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:100 ✓ | 1:1 |
| Regulation | — | DFSA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, API | Proprietary Mobile, Proprietary Web |
Quick VerdictBrokerRank recommends
Best for Beginners
AscendEXBaraka
Best for Low Fees
AscendEXBaraka
Best for Regulation
BarakaAscendEX
Best Overall
AscendEXBaraka
Quick Answer
AscendEX is the better choice overall, scoring 3.3/5 vs 2.8/5 on BrokerRank's independent rating. On fees, AscendEX offers lower spreads (0 pips).
See full side-by-side comparison belowAscendEX vs Baraka: Key Differences
Feature
AscendEX
Baraka
WinnerOur Rating
3.3 / 5
2.8 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
$0.1/lot
None
Regulated By
—
DFSA
Platforms
Proprietary Web, Proprietary Mobile, API
Proprietary Mobile, Proprietary Web
Markets
Crypto
Stocks, Etf, Crypto
Founded
2018
2020
Headquarters
Singapore
Dubai, UAE
Score
1 / 3
2 / 3
Fees Comparison
Fee
AscendEX
Baraka
Lower feesSpread From
0 pips
0 pips
Commission
$0.1/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
AscendEX scores 3.28/5 while Baraka scores 2.81/5 in our independent rating.
AscendEX edges ahead overall, but Baraka may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
AscendEX
3.3/5
Choose AscendEX if you want…
- Higher overall rating (3.3/5)
- Higher leverage (up to 1:100)
- More established (est. 2018)
- More platforms (3 supported)
Baraka
2.8/5
Choose Baraka if you want…
- No per-trade commission
- More regulatory licences (1)
- More market types (3)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both AscendEX & Baraka are available in
Frequently Asked Questions
1Is AscendEX better than Baraka?
AscendEX scores higher overall on our independent rating system. AscendEX holds a 3.3/5 rating vs Baraka's 2.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, AscendEX or Baraka?
AscendEX offers spreads from 0 pips, while Baraka starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for AscendEX vs Baraka?
AscendEX requires a minimum deposit of $0. Baraka requires $0.
4Which broker is safer, AscendEX or Baraka?
AscendEX is regulated by unknown regulators, while Baraka holds licences from DFSA.
5What trading platforms do AscendEX and Baraka support?
AscendEX supports Proprietary Web, Proprietary Mobile, API. Baraka supports Proprietary Mobile, Proprietary Web.
6Can I use both AscendEX and Baraka?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
AscendEX
Capital at risk · T&Cs apply