Axon Markets Forex Broker

Axon MarketsReview SummaryFounded2022Registered Country/RegionSeychellesRegulationFSA (offshore)Market InstrumentsForex, stocks, cryptos, spot metals, commodities, indicesDemo Account/LeverageUp to 1:2000SpreadFrom 1.5 pips (Standard account)Trading PlatformMT5Social Trading✅Min Deposit10 USD/JPYCustomer SupportLive chat, contact formTel: +248 4224183 (Monday to Friday: 07:00 – 24:00 GMT+8)Email: info@axonmarkets.com; support@axonmarkets.com; feedback@axonmarkets.comRegional RestrictionsThe United States, Afghanistan, Belarus, Burma, Central African Republic, Congo, Cuba, Guinea, Iran, Libya, Mauritius, North Korea, Somalia, Syria, Venezuela, and Zimbabwe Axon Markets was registered in 2022 in Seychelles. It focuses on the forex, stocks, cryptos, spot metals, indices, and commodities markets, and uses MT5 as its trading platform. The minimum deposit is as low as 10 USD/JPY, but the leverage can be up to 1:2000. Besides, this company is offshore regulated, and please be aware of the risks.Pros and ConsPros Cons Diverse tradable assetsOffshore regulation risksIslamic accountsRegional restrictionsLow minimum depositMT5 providedSocial trading providedPopular payment optionsNo fees for deposits and withdrawalsVarious channels for customer supportIs Axon Markets Legit? Axon Markets is offshore regulated by the Seychelles Financial Services Authority (FSA), and potential risks should be noted.Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.The Seychelles Financial Services Authority (FSA)Offshore RegulatedSeychellesRetail Forex LicenseSD115What Can I Trade on Axon Markets? Axon Markets provides 6 types of products, including forex, spot metals, commodities, indices, stocks, and cryptos.Tradable Instruments Supported Forex✔Commodities✔Spot Metals✔Indices✔Stocks✔Cryptos✔Bonds❌Options❌ETFs❌Account Type/Fees Axon Markets offers 4 types of accounts, including Standard Account, Prime Account, Raw Spread Account, and LeveragePlus Account. Besides, an Islamic Account is also available.Account TypeMin DepositMax LeverageSpreadCommissionStandard50 USD/JPY1:500From 1.5 pips❌Prime1,000 USD/JPYFrom 0.6 pipsRaw Spread500 USD/JPYFrom 0 pips$3 / lotLeveragePlus10 USD/JPY1:2000From 1.8 pips❌Leverage For the LeveragePlus Account, the leverage can be up to 1:2000, and for other types of accounts, the leverage can be up to 1:500. Please be aware of the potential risks brought by high leverage.Trading Platform Axon Markets uses MT5 as its trading platform.Trading PlatformSupported Available Devices Suitable forMT5✔PC, web, mobileExperienced tradersMT4❌/BeginnersSocial Trading Axon Markets provides a platform for social trading. On this platform, traders can share their trading experiences.Deposit and WithdrawalPayment Options Min Deposit/ WithdrawalAccepted CurrenciesDeposit/Withdrawal Fees Deposit Time Withdrawal Time Direct Bank Wire$10USD❌Up to 3 business daysUp to 3 business daysCredit Card (Visa/Master)USD, JPYInstantWithin 48 hoursLocal Bank TransferMultiple local currenciesSkrill/NetellerUSD, JPYPerfect Money/AstroPayTether/BitcoinMajor cryptos