1. Broker Overview
Axia Futures is a trading education firm that was founded in 2016. Headquartered in London, United Kingdom, it operates primarily as a private entity. The firm focuses on providing trader training and education, specializing in futures trading. Its primary clientele includes aspiring traders and those looking to enhance their trading skills.
Axia Futures has developed a reputation as a prominent player in the trading education sector, leveraging a team of elite traders to model best practices and skills development techniques. The company has achieved significant milestones since its inception, including the establishment of multiple trading floors and the introduction of various training programs. Notably, Axia Futures has expanded its operations beyond London, opening additional offices in Wrocław, Poland, and Limassol, Cyprus.
The firm operates under the umbrella of Axia Markets Pro, an FCA-regulated trading firm with historical roots in the CME and LCH trading pits. This relationship allows Axia Futures to offer proprietary trading services alongside its educational offerings. The business model combines elements of retail forex and institutional services, catering to both novice and experienced traders.
Axia Futures operates in a regulatory environment that is critical for investor protection. However, it is important to note that the firm is currently unregulated. It claims to be associated with the Financial Conduct Authority (FCA) in the UK, but upon verification, there is no corresponding regulatory information listed on the FCA's official website, raising concerns about its legitimacy.
- Regulatory Bodies: The primary regulatory body mentioned is the FCA.
- License Numbers: No valid regulatory license numbers are available.
- Regulatory Scope: The lack of a regulatory license implies that the firm does not operate under any formal regulatory framework.
- Legal Entities: Axia Futures is registered in the UK, with additional entities in Poland and Cyprus.
- Client Fund Segregation: There is no clear information available regarding the segregation of client funds.
- Investor Compensation Fund Participation: It appears Axia Futures does not participate in any investor compensation schemes.
- KYC and AML Compliance: The firm claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, although specific details are not provided.
3. Trading Products and Services
Axia Futures offers a diverse range of trading products and services designed to cater to various trading styles and preferences:
- Forex Pairs: The firm provides access to a variety of forex currency pairs, although the exact number is not specified.
- CFD Products: Axia Futures includes a wide array of CFDs, covering categories such as indices, commodities, stocks, and cryptocurrencies.
- Unique Trading Products: The firm specializes in futures trading, offering educational resources specifically tailored to this market.
- Product Update Frequency: While specific information on product updates is limited, the firm appears to regularly enhance its offerings to meet market demands.
- Retail Trading Services: Axia Futures primarily focuses on retail trading, providing educational resources and trading platforms for individual traders.
- Institutional Client Services: There is no detailed information regarding services specifically tailored for institutional clients.
- White Label Solutions: No information is available about white label solutions.
- Asset Management Services: The firm does not appear to offer asset management services.
Axia Futures employs a combination of trading platforms to facilitate its services:
- MetaTrader Support: The firm does not explicitly mention support for MetaTrader 4 or 5, which may indicate a focus on proprietary platforms.
- Proprietary Platform Details: Axia Futures utilizes its own trading platform, although specific features and functionalities are not detailed in the available information.
- Web-Based Trading Platform: The firm offers a web-based trading platform, making it accessible to traders without the need for downloads.
- Mobile Application: Information regarding mobile applications for iOS and Android is not provided.
- Execution Model: The execution model appears to be a mix of ECN and market making, but specifics are not confirmed.
- Server Locations and Infrastructure: Details on server locations and technological infrastructure are limited.
- API Access and Automated Trading Support: There is no mention of API access or support for automated trading strategies.
5. Account Types and Trading Conditions
Axia Futures offers various account types to accommodate different trading needs:
- Standard Account Conditions: Specific details about minimum deposits, spreads, and commissions for standard accounts are not provided.
- Advanced Account Types: Information on VIP or professional account types is not available.
- Special Accounts: The firm does not mention special accounts such as Islamic or corporate accounts.
- Demo Account Policy: There is no detailed information regarding the availability of demo accounts.
- Leverage Ratios: The leverage ratio varies by product, but specifics are not provided.
- Minimum Trade Sizes: Information on minimum trade sizes is not available.
- Overnight Fees Policy: Details regarding overnight fees are not provided.
6. Fund Management
Axia Futures facilitates various funding methods for traders:
- Supported Deposit Methods: The firm accepts multiple deposit methods, including bank transfers, credit cards, and e-wallets.
- Minimum Deposit Requirements: Specific minimum deposit requirements for different account types are not disclosed.
- Deposit Processing Times: The processing times for deposits are not specified.
- Deposit Fees: There is no information regarding any fees associated with deposits.
- Withdrawal Methods and Restrictions: The firm does not provide detailed information about withdrawal methods or any associated restrictions.
- Withdrawal Processing Times: Specific withdrawal processing times are not mentioned.
- Withdrawal Fee Structure: Information on withdrawal fees is not available.
7. Customer Support and Educational Resources
Axia Futures provides several customer support channels and educational resources:
- Support Channels: The firm offers support via email, phone, and social media, but online chat options are not specified.
- Service Hours and Time Zone Coverage: Specific service hours are not provided.
- Multilingual Support: The languages supported by customer service are not mentioned.
- Types of Educational Resources: Axia Futures offers various educational resources, including webinars, tutorials, and e-books.
- Market Analysis Services: The firm provides market analysis services, although specifics on the frequency and type of analysis are not detailed.
- Trading Tools: Information on available trading tools, such as calculators or signal services, is not provided.
8. Regional Coverage and Restrictions
Axia Futures operates in several regions but has specific limitations:
- Primary Service Markets: The firm primarily serves clients in the United Kingdom, the United States, and parts of Europe.
- Regional Office Distribution: The main offices are located in London, Wrocław, and Limassol.
- Countries/Regions Not Accepted: Specific countries or regions where clients are not accepted are not detailed.
- Special Restrictions: No additional restrictions are mentioned.
In conclusion, while Axia Futures presents itself as a trading education firm with a focus on futures trading, potential clients should exercise caution due to the lack of regulatory oversight and transparency regarding its operations. It is advisable for traders to conduct thorough research and consider their options before engaging with the firm.
Ely Đặng
Singapore
I often feel that foreign exchange trading is very difficult. Even though there are many experience sharing on the Internet, my losses are still greater than my gains. So when I saw Axia Futures offering forex courses, I was curious. I'm wondering if anyone has studied here and is the course worth the money?
37130
2023-03-15