Company profile
Company NameAxCap247Registered Country/AreaUnited KingdomRegulationFinancial Conduct Authority (FCA) - License No. 589327Market InstrumentsPrime Brokerage, Interdealer Broking, Private Client Stock Broking, Capital MarketsAccount TypesStandardMinimum Deposit100.0 USDMaximum Leverage1:400SpreadsVariable SpreadTrading PlatformsBloomberg Terminal, IRESS, Real Tick, Trading PlatformCustomer SupportUK Support Line: +44 (0) 203 026 0320, Email: support@axcap247.comDeposit & WithdrawalBank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Neteller, SkrillAxCap247 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 ConsProsConsWide selection of servicesLimited asset classesLeverage options available (up to 1:400)Limited information about trading feesMultiple trading platforms (Bloomberg Terminal, IRESS, Real Tick, and Trading Platform)No demo account offeringThe 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.AspectsStandard accountMin Deposit100.0 USDMax Leverage1:400Margin Call Level100%Stop Out Level50%Commission0 USDSpread TypeVariable SpreadTrading 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 PlatformSupportedAvailable DevicesSuitable forBloomberg Terminal✔Windows, MACInvestors of all experience levelsIRESS✔Windows, MACIntermediate and active traderReal Tick✔N/AInvestors of all experience levelsMT4❌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 OptionsDetailsPhone+44 (0) 203 026 0320Emailsupport@axcap247.comSupport Ticket System❌Online Chat❌Social MediaFacebook, Twitter, etcSupported LanguageEnglishWebsite LanguageEnglishPhysical Address27 Clements Lane, London, EC4N 7AE, UKThe 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.