Axion Trade Forex broker specializes in providing foreign exchange trading services, the company's official website https://login.axiontrade.net/auth/register, the company's legitimate regulatory information SeychellesFSARetail Forex License,AustraliaASICAppointed Representative(AR),CambodiaSERCCommon Financial Service License, to enhance the security of the company's address Office No. A19.B at the building located in plot No. V16950/v16051 in Providence, Mahé, Seychelles.
Axion Trade Forex Broker
Basic information
Seychelles
5-10 years Regulated in Seychelles Regulated in Cambodia Retail Forex License Common Financial Service License MT4 Full License Regional Brokers Australia Appointed Representative(AR) Revoked Suspicious Overrun High potential risk Offshore RegulatedCompany profile
Axion 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 Cons
| Pros | Cons |
| Various tradable instruments | Offshore regulated |
| MT4 available | High max leverage |
| Demo account available | Unspecific transfer time and fee information |
| Spread as low as 0 pips | No 24/7 customer support |
Is 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 | ECN | Classic | Fixed Spread | ||||||
| Raw | Pro | Institutional | Standard | Islamic | Nano | X300 | Elite | VIP | |
| Leverage | Up to 1:500 | Up to 1:100 | Up to 1:100 | Up to 1:500 | Up to 1:500 | Up to 1:1000 | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Commissions | Yes | Yes | Yes | None | None | None | None | None | None |
| Spreads | As low as 0 pips | As low as 0 pips | As low as 0 pips | As low as 1.9 pips | As low as 1.9 pips | As low as 1.9 pips | As low as 3.1 pips | As low as 2.1 pips | As low as 1.1 pips |
| Minimum Deposit | USD 100 | USD 100000 | USD 1000000 | USD 100 | USD 100 | USD 10 | USD 100 | USD 1000 | USD 10000 |
Axion 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 Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC/Mac/Android/iOS | Junior traders |
| Axion Mirror | ✔ | - | Beginners |
Deposit and Withdrawal
The minimum deposit is USD 10. However, transfer processing times, methods, and associated fees are unknown.
Rating Index
Islamic
VIP
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Latest Reviews
Streaming
Taiwan
HAPPY TRADING! They offer a huge range of markets and withdrawals are quick and easy. Great and recommend for all.
Positive
2024-06-04
Benneat
Argentina
Customer service is very good. I rarely use the service on a weekend but this time, there was a queue with a very helpful 'you are customer number xx in the queue' notice which helps to know roughly how long you've got to wait. Adrian was very helpful, helping me to ascertain the exact build number of my MT4 platforms.
Positive
2024-04-19
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