The BEST Value Swiss Dive Watch Under $2,000? - Formex 'Baby' Reef 39.5mm Review

Windup Watch Shop

Sep 21, 2025

In this video, we take a closer look at the recently released Formex 'Baby' Reef dive watch with the 39.5mm case diameter. With so many different value-packed features in one watch, it does beg the question: Is this the best value diver for under $2,000 on the market today?

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Featured Formex Watches

A professional diver with a bezel you can change

The dial is clean and highly legible, with applied indices, a 6 o’clock date window, and generous Super-LumiNova for low-light readability. Offered in bahama blue, blue, white, or silver, with a 120-click ceramic bezel that rotates with smooth, precise feedback. Every model comes fitted on Formex’s stainless steel bracelet, which includes their patented on-the-fly micro-adjust clasp for quick, tool-free sizing. That quick change feature also extends to the bezel, which can be swapped in seconds — allowing for easy customization without compromise.

A GMT for the adventurous traveler

The Formex Reef GMT 42mm blends rugged dive capability with sophisticated travel functionality in a package that feels as refined as it is robust. Built for wearers crossing time zones and terrains alike, it brings the signature design language of the Reef collection into GMT territory—offering a bold, modern aesthetic with the technical chops to match. A bi-directional ceramic bezel, clean legible dial, and luminous accents ensure clarity wherever your journey takes you.

Formex's take on an everyday watch

Its horizontally brushed dial features CNC-machined grooves, applied indices, and a beveled date window at 6 o’clock. The stainless steel case blends brushed surfaces with polished accents and integrates Formex’s patented suspension system, providing both comfort and shock resistance. A box-shaped sapphire crystal with anti-reflective coating ensures clarity from every angle, while the exhibition caseback reveals the decorated Swiss movement within.

Formex refines their Essence with Carbon Fiber

Despite weighing just 40 grams (on strap), the Leggera offers a rugged, sport-ready profile. The 41mm case is paired with a ceramic bezel and crown for scratch resistance, and includes Formex’s patented Case Suspension System—a shock-absorbing setup that offers next-level comfort in motion. The dial, available in multiple finishes, features CNC-machined horizontal textures, Super-LumiNova hands and markers, and a clean date display—all protected by a double-dome sapphire crystal with triple-layer anti-reflective coating.

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