Company profile
Axen BrokerReview Summary Founded2021-12-22 Registered Country/RegionMexico RegulationNot regulated Market InstrumentsForex, Metals, Indicies, Cryptocurrencies, Actions, ETFs and Energies Demo Account❌ LeverageUp to 1:100 SpreadMedium Trading PlatformMT5, C-TRADER, Axen Copy-PAMM Min Deposit$ 500 Customer SupportPhone: +524521820018 Email: support@axenbroker.com Address: Madrid 11 a Huertas del Cupat. Paseo Lazaro Cardenas y Mazatlan, Huertas del Capatitzio Axen Broker was founded by Axen Capital LTD in 2021 in Mexico. It offers 3 trading platforms: MT5, C-TRADER and Axen Copy-PAMM. Besides, there are various trading assets, including Forex, Metals, Indicies, Cryptocurrencies, Actions, ETFs and Energies. However, it is not regulated by any financial authorities.Pros and Cons Pros Cons Multiple trading platformsHigh minimum deposit Various trading assetsLow leverage Not regulated Lack of transparencyIs Axen Broker Legit? Axen Broker's company Axen Capital LTD claims it is authorised and regulated by Moheli Corporate Services Ltd - COMOROS UNION, Mwali International Services Authority and the registration number is T2023261. However, the website of the authority shows no results of the number T2023261.What Can I Trade on Axen Broker? Axen Broker provides over 800 trading instruments, including over 100 pairs of forex, metals, indices, cryptocurrencies, actions, ETFs and energies. Tradable Instruments Supported Forex✔ Metals✔ Indices✔ Cryptocurrencies✔ Actions✔ ETFs ✔ Energies✔ Options ❌Account Type Axen Broker offers various account types according to different trading platforms.MT5 Account TypeMinimum TradeMinimum Deposit ECN-Zero Commission0.01 Lot$500 ECN-Standard$1000 ECN-business$2500 ECN-PROFESIONAL$5000C-TRADER Account TypeMinimum TradeMinimum Deposit ECN-STANDARD0.01$1000 ECN-PROFESIONAL$5000Axen Copy-PAMM Account TypeMinimum Trade Copy Trading0.00000001 lot MAM Account Investment Fund for EveryoneLeverage The leverage of all accounts of Axen Broker is fixed at 1:100. Traders should be more careful because high leverage always comes with high profits and losses.Spreads & CommissionsMT5 Account TypeSpreadCommission ECN-Zero CommissionMedium$0 ECN-StandardSmall$5 ECN-businessRaw$12 ECN-PROFESIONALRaw$9C-TRADER Account TypeSpreadCommission ECN-STANDARDRaw$ 20 ECN-PROFESIONALRaw$ 15Trading Platforms Trading PlatformSupported Available Devices Suitable for MT5✔Windows, IOS and AndroidExperienced traders C-TRADER✔Desktop, WebExperienced traders Axen Copy-PAMM✔WebBeginnersCustomer Service Axen Broker offers 24/7 customer support. Traders can contact them by phone and email. Contact Options Details Phone +524521820018 Email support@axenbroker.com Support Ticket System ❌ Online Chat ❌ Social Media Telegram, Instagram and Whatsapp Supported Language Spainish Website Language Spainish Physical Address Madrid 11 to Huertas del Cupat. Paseo Lázaro Cárdenas and Mazatlán, Huertas del CapatitzioThe Bottom Line To sum up, though Axen Broker provides multiple trading platforms and trading assets, its minimum deposit is higher than other brokers. Besides, it is also not regulated and shows limited information about its fees. Traders should be cautious when trading.FAQs Is Axen Broker safe? No, it is not regulated. Does Axen Broker truly offer commission-free trading? No, it differs from different account types, ranging from $0 to $20. What kind of trading platform does Axen Broker offer? It offers three trading platform: MT5, C-TRADER, Axen Copy-PAMM.
Axen Broker broker review
Axen Broker safe or scam