AxCap247 Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.axcap247.com/, the company's legitimate regulatory information United KingdomFCAInstitution Forex License (STP), to enhance the security of the company's address 73 Watling Street London City Of London EC4M 9BJE C 4 M 9 B J UNITED KINGDOM.
AxCap247 Forex Broker
Basic information
United Kingdom
10-15 years Regulated in United Kingdom Institution Forex License (STP) Suspicious Scope of Business High potential riskCompany profile
AxCap247 Information
AxCap247 is a regulated brokerage company registered in the United Kingdom. This firm provides a swath of services with its advanced trading platforms (Bloomberg Terminal, IRESS, Real Tick, and Trading Platform).
However, a demo account is not available. Furthermore, limited choice of investment options could be a barrier for retail investors.
Pros and Cons
| Pros | Cons |
| Wide selection of services | Limited asset classes |
| Leverage options available (up to 1:400) | Limited information about trading fees |
| Multiple trading platforms (Bloomberg Terminal, IRESS, Real Tick, and Trading Platform) | No demo account offering |
| The minimum deposit requirement is relatively high compared to other brokers. |
Is AxCap247 Legit?
AxCap247 is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, with registration number 589327.
Products and Services
AxCap247 provides a swath of services, including prime brokerage, interdealer broking, stock broking, and capital markets.
AxCap247 offers prime brokerage services, including financing, swaps, custody, and clearing services with its advanced trading platforms. Interdealer broking is a process of acting as a mask to the market. As a member firm and Market participant, Axis Capital Markets can trade on behalf of its clients or counterparties upon instruction. Axis Capital is also a firm providing customers with a highly tailored and personalized stockbroking service, which includes services such as execution, advisory, and discretionary portfolio management across multiple asset classes. Besides, this firm offers an advisory service to its corporate clients.
Account Types
AxCap247 presents a Standard account type with a minimum deposit requirement of $100.0. The maximum leverage is 1:400. The Standard account features a margin call level set at 100%. This account type is suitable for beginning investors or intermediate traders.
| Aspects | Standard account |
| Min Deposit | 100.0 USD |
| Max Leverage | 1:400 |
| Margin Call Level | 100% |
| Stop Out Level | 50% |
| Commission | 0 USD |
| Spread Type | Variable Spread |
Trading Platform
AxCap247 uses four main trading platforms to conduct its trading activities: Bloomberg Terminal, IRESS, and Real Tick.
The Bloomberg Terminal is a computer software system in which users can monitor, and analyze real-time financial market data and execute orders through EMSX.
IRESS is a web-based trading and market analysis platform designed for intermediate and active traders.
Real Tick provides its clients with full advantage of the latest execution services, electronic products, trade-enhancing functionality, and liquidity pools.
| Trading Platform | Supported | Available Devices | Suitable for |
| Bloomberg Terminal | ✔ | Windows, MAC | Investors of all experience levels |
| IRESS | ✔ | Windows, MAC | Intermediate and active trader |
| Real Tick | ✔ | N/A | Investors of all experience levels |
| MT4 | ❌ | ||
| MT5 | ❌ |
Customer Support Options
For any questions you might have, help is available via phone (+44 (0) 203 026 0320), email (support@axcap247.com), social media channels (Facebook, Twitter, etc), or an online message box.
| Contact Options | Details |
| Phone | +44 (0) 203 026 0320 |
| support@axcap247.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | Facebook, Twitter, etc |
| Supported Language | English |
| Website Language | English |
| Physical Address | 27 Clements Lane, London, EC4N 7AE, UK |
The Bottom Line
AxCap247 could be an option for investors who prefer a tailored and personalized trading experience. The application of various advanced trading platforms is another selling point. However, AxCap247 doesn't offer as many ways to invest compared to some other brokerages.
FAQs
Is AxCap247 a regulated brokerage?
No, AxCap247 is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, with registration number 589327.
What account types does AxCap247 offer?
AxCap247 offers only one live trading account (Standard).
Does AxCap247 offer leveraged trading?Yes, AxCap247 provides a leverage option, which is up to 1:400.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for everyone.
懒洋洋～网站建设
Singapore
It's so weird. Some time ago I received an ad from AxCap247 claiming to be a good company regulated by the FCA, but my gut told me it was not reliable. Field research by wikifx staff revealed that it does not have an office in the UK. It really is a liar!
Positive
2023-02-17