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For more information about AXICOM Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Axi is regulated by reputable authorities such as ASIC and FCA, ensuring a level of trust and security for traders.
The platform offers competitive spreads and quick execution times, making it suitable for both novice and experienced traders.
Axi provides a variety of educational resources and customer support, helping traders improve their skills and navigate the trading environment.

Cons

The platform lacks advanced trading tools and does not support MetaTrader 5, which may limit options for some traders.
Some users have reported issues with fund withdrawals and account verification processes, leading to frustration and delays.
The selection of tradable instruments is considered below average, particularly in asset classes outside of forex.

AXICOM Company

Axicom Company Overview

Founding Date and Background

Axicom was founded in 2007, emerging as a key player in the communications and technology landscape. The company specializes in providing innovative communication solutions tailored for various sectors, including technology, finance, and public relations.

Parent Company/Ownership Structure

Axicom operates as an independent entity, although it collaborates with various partners and clients to enhance its service offerings. The companys ownership structure is designed to support its mission of delivering high-quality communication services while maintaining agility and responsiveness to market changes.

Headquarters Location

The headquarters of Axicom is located in England, United Kingdom. This strategic location allows the company to stay connected with major markets and clients across Europe and beyond.

Global Business Scope

Axicom has established a global footprint, with operations extending to over 10 countries. The company serves a diverse clientele, including multinational corporations, small businesses, and government agencies, ensuring a broad range of communication solutions that cater to different needs.

Main Regulatory Bodies

Axicom is regulated by several key authorities, ensuring that its operations adhere to industry standards and best practices. These regulatory bodies include the Financial Conduct Authority (FCA) in the UK, among others, which oversee its compliance with financial regulations.

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Company History and Development

Key Milestones

Since its inception, Axicom has achieved several significant milestones that have shaped its growth trajectory. The company has consistently focused on innovation, which has led to the development of proprietary tools and services that enhance its communication solutions.

Business Expansion Journey

Axicom's journey of expansion has been marked by strategic partnerships and collaborations that have broadened its service offerings. The company has entered new markets, leveraging its expertise to provide tailored communication strategies that meet the evolving needs of clients.

Customer Base Growth

Over the years, Axicom has experienced substantial growth in its customer base, serving tens of thousands of clients across various industries. This growth is attributed to its commitment to delivering reliable and effective communication solutions.

Platform Development History

The development of Axicom's communication platforms has been a critical aspect of its success. The company has invested in advanced technology and infrastructure to ensure its platforms are user-friendly, secure, and capable of meeting the demands of modern communication.

Important Awards or Recognitions Received

Axicom has received numerous awards for its innovative approach and outstanding service quality. These recognitions reflect the companys commitment to excellence and its position as a leader in the communications industry.

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Trading Services Offered

Forex Trading Options

Axicom offers a comprehensive range of forex trading options, providing access to over 70 currency pairs. This extensive selection allows traders to engage in various market strategies and capitalize on global currency fluctuations.

Stock Trading Options

In addition to forex, Axicom provides trading options for a variety of stocks. This includes access to major stock exchanges, enabling clients to invest in leading companies across different sectors.

CFD Trading Products

Axicom is also known for its diverse CFD trading products, allowing clients to trade on price movements without owning the underlying asset. This flexibility is particularly appealing to traders looking to leverage market volatility.

Other Financial Instruments

Beyond forex and stocks, Axicom offers a range of other financial instruments, including cryptocurrencies and commodities. This broad spectrum of options ensures that traders can diversify their portfolios and explore various investment opportunities.

Special Services or Unique Advantages

Axicom distinguishes itself through several unique advantages, including competitive pricing, advanced trading platforms, and robust customer support. The company also emphasizes educational resources to help traders enhance their skills and knowledge.

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Regulatory and Legal Background

Detailed Regulatory Information

Axicom is regulated by multiple authorities, including:

  • Financial Conduct Authority (FCA) - UK
  • Australian Securities and Investments Commission (ASIC) - Australia
  • Financial Markets Authority (FMA) - New Zealand
  • Dubai Financial Services Authority (DFSA) - UAE

These regulatory bodies ensure that Axicom adheres to strict compliance standards, providing clients with a secure trading environment.

Axicom operates under various legal entities depending on the region, including:

  • Axicom Financial Services Pty Ltd (Australia) - regulated by ASIC
  • Axicom Financial Services (UK) Limited (UK) - regulated by FCA
  • Axicom Financial Services Ltd (New Zealand) - regulated by FMA
  • Axicom Financial Services (Dubai) - regulated by DFSA

This structure allows the company to operate effectively within different regulatory frameworks while maintaining high service standards.

Client Fund Protection Measures

Axicom prioritizes client fund protection by implementing stringent measures such as segregated accounts, ensuring that client funds are kept separate from the companys operational funds. This practice enhances the safety of client investments.

Countries/Regions Served

Axicom serves clients in over 100 countries, providing a wide array of communication solutions tailored to local market needs. Its global reach facilitates access to diverse markets and trading opportunities.

Compliance History

Axicom has maintained a positive compliance history, consistently meeting regulatory requirements across the regions it operates in. This track record contributes to its reputation as a trustworthy and reliable broker in the industry.

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Competitive Landscape

Main Competitors

Axicom faces competition from several notable firms in the communications and trading sectors, including:

  • Admiral Markets
  • Axi
  • IG Group
  • OANDA
  • Interactive Brokers

Positioning in the Industry

Axicom positions itself as a forward-thinking company that embraces innovation and technology to deliver superior communication solutions. Its focus on client satisfaction and regulatory compliance further strengthens its standing in the industry.

Market Differentiation Factors

Axicom differentiates itself through a combination of competitive pricing, a diverse range of trading instruments, and a commitment to customer education. Its advanced trading platforms and responsive customer support also contribute to a positive trading experience for clients.

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In conclusion, Axicom is a well-established company in the communications and trading sectors, characterized by its commitment to innovation, regulatory compliance, and customer satisfaction. With a strong global presence and a diverse range of services, Axicom continues to be a trusted partner for clients looking to navigate the complexities of modern trading and communication.

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