AXFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.iaxfx.com/#/signup, about the company's legal and temporary regulatory information, the company's address .
AXFX Forex Broker
Basic information
Australia
5-10 years Suspicious Regulatory License Suspicious Scope of Business Australia Appointed Representative(AR) Revoked High potential riskCompany profile
Note: AXFX's official website: https://axfxpv.com/ is currently inaccessible normally.
AXFX Review SummaryFounded in 2022, AXFX is a brokerage firm based in Australia. It offers forex, precious metals, CFDs, and stock index trading with leverage up to 1:400 and spread from 1.8 pips on the STP Standard account. Demo accounts are available via the leading MT4 platform. However, the official website is currently inaccessible and the regulatory status is revoked.
Pros and Cons
| Pros | Cons |
| Availability of MT4 trading platform | ASIC revoked |
| Wide range of trading instruments | Inaccessible website |
| Multiple account types | Wide spreads |
| MT4 available | |
| Demo accounts |
Is AXFX Legit?
| Regulated Country | Regulator | Regulated Entity | Status | License Type | License No. |
| Australia Securities & Investment Commission (ASIC) | AXFXPV PTY LTD | Revoked | Appointed Representative (AR) | 1287576 |
What Can I Trade on AXFX?
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Forex | ✔ |
| Precious Metals | ✔ |
| Stock Index | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
AXFX offers three kinds of live accounts: STP Standard, ECN Advanced, and VIP Institutional with the minimum deposits of $100, $20,000 and $50,000 respectively.
Leverage
| Account Type | MaxLeverage |
| STP Standard | 1:400 |
| ECN Advanced | 1:400 |
| VIP Institutional | 1:100 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread
AXFX provides the STP Standard account spreads starting from 1.8 pips. In contrast, the ECN Advanced account offers tighter spreads from 1.0 pips. The VIP Institutional account starts from 0.1 pips.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Mobile (iPhone & Android), computer (PC & Mac), tablet (iPad & Android) | Beginners |
| MT5 | ❌ | / | Experienced traders |
Rating Index
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Thanks for their detailed daily analysis. I have learnt so much, and now I can understand market trends better!
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I had the opportunity to trade on a real STP platform, exploring markets like precious metals and indices. Their variety of products amped up my trading game, and their top-notch technology ensured smooth execution with hardly any lag. Overall, a riveting experience with AXFXPV!
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