Axe Trade Capital Forex Broker

Axe Trade Capital Review Summary Founded2024 Registered Country/RegionUnited Kingdom RegulationNo regulation Market InstrumentsIndices CFD, stocks CFD, cryptos CFD, commodities CFD, bonds CFD, and futures CFD Demo Account/ LeverageUp to 1:1000 SpreadFrom 0.8 pips Trading PlatformMT4 and MT5 Minimum Deposit$50k Customer SupportContact form Regional Restrictions/ Axe Trade Capital was established in 2024. Being a relatively new entrant in the financial trading market, it offers many trading instruments through MT4 and MT5 trading platforms. However, it is not regulated and their initial deposits are too high.Pros and Cons Pros Cons Various ways to funding methodsNo regulation Client protection methods providedNewly established MT4 and MT5 platforms providedHigh minimum deposit requirements No deposit/withdrawal feesLimited contact channelsIs Axe Trade Capital Legit? Axe Trade Capital provides a variety of security measures. These include having segregated fund accounts, implementing two-factor authentication, monitoring trading activities, and ensuring the safe deposit of funds. However, Axe Trade Capital is not regulated. In the financial realm, regulation serves as a safeguard, ensuring that financial institutions adhere to strict standards and best practices. Besides, Axe Trade Capital was only established in 2024. New companies can face numerous challenges in the early stages, such as establishing stable business processes, dealing with unforeseen market fluctuations, and building trust among clients.What Can I Trade on Axe Trade Capital? In Axe Trade Capital, you can trade indices CFD, stocks CFD, cryptos CFD, commodities CFD, bonds CFD, and futures CFD. Tradable Instruments Supported CFDs✔ Commodities✔ Indices✔ Stocks✔ Cryptocurrencies✔ Bonds✔ Forex❌ Options❌ ETFs❌ Mutual Funds❌Account Type Axe Trade Capital offers four kinds of accounts: the Silver, Gold, and Elite accounts, with the minimum deposits of $50k, $100k, and $250k respectively. Besides, it also offers Standard accounts.Leverage Axe Trade Capital offers a maximum leverage of 1:1000 for their the Standard account.Axe Trade Capital Fees Axe Trade Capital provides a Standard account featuring spreadstarting from 0.8 pips and no commissions.Trading Platform Axe Trade Capital supports MetaTrader 4 and 5 platforms. Many devices are available, including web, desktop, and mobile phones. Trading PlatformSupported Available Devices Suitable for MT4✔Web/Phone/DesktopBeginners MT5✔Web/Phone/DesktopExperienced tradersDeposit and Withdrawal Axe Trade Capital accepts MasterCard, VISA, PayPal, Neteller, Skrill, UnionPay, wire transfer, and Bpay to make a deposit or withdrawal. Currencies like AUD, USD, JPY, EUR, NZD, SGD, GBP and CAD are all accepted. Withdrawal requests cut off time is 12:00 AEST/AEDT. Axe Trade Capital does not charge additional fees for deposits or withdrawals. Credit/Debit Card withdrawals take 3-5 business days to reach your credit card.