Company profile
Axion TradeReview SummaryFounded2020-05-05Registered Country/RegionUnited KingdomRegulationOffshore regulatedMarket InstrumentsForex/Commodities/Indices/StocksDemo Account✅LeverageUp to 1:1000SpreadAs low as 0 pipsTrading PlatformMT4(PC/Mac/Android/iOS)Min DepositUSD 10Customer SupportEmail: support@axiontrade.netPhone: +2484379846Facebook/InstagramAxion Trade Information Axion Trade is a broker. The tradable instruments include forex, commodities, indices, and stocks. The broker also provides nine accounts with a maximum leverage of 1:1000. The minimum spread is as low as 0 pips and the minimum deposit is USD 10. Axion Trade is still risky due to its offshore regulated status, high leverage, and bad reviews about difficulty withdrawing money.Pros and ConsPros Cons Various tradable instrumentsOffshore regulatedMT4 availableHigh max leverageDemo account availableUnspecific transfer time and fee informationSpread as low as 0 pipsNo 24/7 customer supportIs Axion Trade Legit? FSA offshore regulates Axion Trade with license number SD175, regulated by ASIC with a revoked status, license number 001293799, and SERC with license number 037, but the current status is exceeded.What Can I Trade on Axion Trade? Axion Trade offers 1000+ market instruments with Axion Trade, including over 50+ forex pairs, commodities, 14+ Indices, and stocks.Tradable Instruments Supported Forex✔Commodities✔Stocks✔Indices✔Cryptocurrencies❌Precious Metals❌Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type Axion Trade has nine account types: Raw, Pro, Institutional, Standard, Islamic, Nano, X300, Elite, and VIP. Traders who want low spreads and low leverage can choose an ECN account, while those with a sufficient budget can open an institutional ECN account. The broker also provides an Axion Trader™ program. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.Account Type ECNClassicFixed SpreadRawProInstitutionalStandardIslamicNanoX300EliteVIPLeverageUp to 1:500Up to 1:100Up to 1:100Up to 1:500Up to 1:500Up to 1:1000Up to 1:500Up to 1:500Up to 1:500CommissionsYesYesYesNoneNoneNoneNoneNoneNoneSpreadsAs low as 0 pipsAs low as 0 pipsAs low as 0 pipsAs low as 1.9 pipsAs low as 1.9 pipsAs low as 1.9 pipsAs low as 3.1 pipsAs low as 2.1 pipsAs low as 1.1 pipsMinimum DepositUSD 100USD 100000USD 1000000USD 100USD 100USD 10USD 100USD 1000USD 10000Axion Trade Fees The spread is as low as 0 pips, the commission is from 0. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.Trading Platform Axion Trade cooperates with the authoritative MT4 trading platform available on PC, Mac, Android, and iOS to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems. In addition, Axion Mirror provides copy trading services for beginner traders.Trading PlatformSupported Available Devices Suitable for MT4✔PC/Mac/Android/iOSJunior tradersAxion Mirror✔-BeginnersDeposit and Withdrawal The minimum deposit is USD 10. However, transfer processing times, methods, and associated fees are unknown.
Manber
Belarus
AvaTrade has a diverse range of market instruments and flexible trading platforms, plus solid regulation.But some users report platform issues, and there are concerns about unregulated entities and unverified proprietary platforms.
Neutral
2024-07-23