AxeCap Forex Broker

AxeCap Review SummaryFounded2013Registered Country/RegionBelizeRegulationNo regulationMarket InstrumentsForex, commodities, stocks, indices, and cryptocurrenciesDemo Account✅LeverageUp to 1:500SpreadTypical 2.0 pips (Standard account)Trading PlatformMetaTrader 4 (MT4), Mobile TradingMinimum Deposit$1,000Customer SupportEmail: support@AxeCap.coAddress: New Horizon Building, Ground Floor, 3 1/2 Miles Philip S.W. Golden Highway, Belize City, BelizeAxeCap Information AxeCap was established in 2013 and is based in Belize. It offers a wide range of trading instruments, including forex, commodities, stocks, indices, and cryptocurrencies with leverage up to 1:500 on the MT4 platform. However, it is unregulated and requires a relatively high minimum deposit of $1,000.Pros and ConsProsConsVarious trading instrumentsNo regulationDemo accounts availableHigh minimum desposit ($1,000)MT4 platformWide spreadsNo direct contact channelIs AxeCap Legit? AxeCap is unregulated. Please be aware of the risk! Its domain axecap.com was registered on January 30, 2013, and will expire on January 30, 2026.What Can I Trade on AxeCap? AxeCap offers a total of five trading products: forex, commodities, stocks, indices, and cryptocurrencies.Tradable InstrumentsSupportedForex✔Commodities✔Stocks✔Indices✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type AxeCap offers three account types: Standard, Premium, and Platinum.Account TypeMinimum DepositMaximum LeverageTypical SpreadSwap ChargesStandard$1,0001:5002.0 pips✔Premium$10,0001.8 pipsPlatinum$25,0001.5 pipsLeverage AxeCap offers a maximum leverage of 1:500 across all three account types. Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial. Trading Platform AxeCap supports two trading platforms: MetaTrader 4 (MT4) and Mobile Trading.Trading PlatformSupportedAvailable DevicesSuitable forMetaTrader 4✔Windows, macOS, iOS, AndroidBeginnersMobile Trading✔iOS, Android/MetaTrader 5❌/Experienced tradersDeposit and Withdrawal The minimum deposit at AxeCap is $1,000. The platform supports a variety of instant deposit and withdrawal methods, including:Local payment methods: EeziePay (supports IDR, MYR, THB, INR), 9Pay (VND), PayBNB (VND), DirectPay (MYR), 5Pay (MYR), HWGC (HWGC), M2P (USD)Cryptocurrencies: BTC (Segwit and Native), ETH, USDT (TRC20 and ERC20)Bank cards: Visa, Mastercard, JCB (VND) Some methods incur deposit or withdrawal fees, such as USDT with a 1% + TRC20 $10.00 fee, and Visa/Mastercard/JCB with a 4% fee.