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Rating Index
Pros
Diverse range of trading instruments, including over 65 forex currency pairs and various CFDs.
Multiple trading platforms available, such as MetaTrader 4, MetaTrader 5, and cTrader, for enhanced trading flexibility.
Allows for various trading strategies, including the use of automated trading systems and social trading options.
Cons
Lacks proper regulation, which raises concerns about the safety and security of client funds.
Numerous complaints regarding withdrawal issues and unresponsive customer support, indicating potential reliability problems.
Limited transparency about the broker's operational history and regulatory status, making it difficult for traders to assess its legitimacy.
Axen Broker broker Accounts
Axen Broker Account Type
Axen Broker offers various account types tailored to different trading platforms. The available account types include:
- MT5 Account Types:
- ECN - Zero Commission:
- Minimum Trade: 0.01 lot
- Minimum Deposit: $500
- Spread: Medium
- Commission: $0
- ECN - Standard:
- Minimum Trade: 0.01 lot
- Minimum Deposit: $1,000
- Spread: Small
- Commission: $5
- ECN - Business:
- Minimum Trade: 0.01 lot
- Minimum Deposit: $2,500
- Spread: Raw
- Commission: $12
- ECN - Professional:
- Minimum Trade: 0.01 lot
- Minimum Deposit: $5,000
- Spread: Raw
- Commission: $9
- C-Trader Account Types:
- ECN - Standard:
- Minimum Trade: 0.01 lot
- Minimum Deposit: $1,000
- Spread: Raw
- Commission: $20
- ECN - Professional:
- Minimum Trade: 0.01 lot
- Minimum Deposit: $5,000
- Spread: Raw
- Commission: $15
- Axen Copy - PAMM Account:
- Copy Trading:
- Minimum Trade: 0.00000001 lot
- Suitable for beginners.
- Visit the Website: Go to the Axen Broker website.
- Registration: Fill out the registration form to open a trading account. You will need to provide personal information and agree to the terms of the public offer.
- Verification: Complete the identity verification process, which may involve submitting identification documents.
- Deposit Funds: After verification, deposit the minimum required amount for your chosen account type (starting from $500).
- Access Trading Platform: Once your account is funded, you can access the trading platforms (MT5, C-Trader, or Axen Copy - PAMM) to start trading.
The leverage for all accounts is fixed at 1:100.
Axen Broker Account Opening Process
To open an account with Axen Broker, follow these steps:
For customer support, traders can contact Axen Broker via phone or email for any inquiries during the account opening process.
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