Axes Review
π² Min Deposit $500
β Year Established 2018
πΌ Regulation
π‘ Min Position 0.01 lot
π Website axes.co
π Country
β Max Leverage 1:500
π° Bonus offers
π Trading contests
π Free education
π¨βπ» PAMM
π LAMM
π MAM
π Segregated accounts
π Managed accounts
π Islamic accounts available
πΊπΈ US traders are welcome
πΊ Vps
Axes is a well-established broker since 2018. Axes has a headquarter in St. Vincent and Grenadines. Axes to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by SVGFSA 338 llc 2020.
Account Information
Apart from the forex demo account, this broker offers General MT4 and General MT5. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Axes is up to 1: 500. Meanwhile, you can open an account with a starting capital of $500.
Min Deposit
$500
Max Leverage
1:500
Spread
Fixed
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
π² Min Deposit $500
π‘ Min Position 0.01 lot
π’ Spread Fixed
π Scalping
π€ Expert Advisors
π± Hedging
β± Trailing stop
β³ Pending orders
1οΈβ£ One-click trading
β‘ Automated trading
πΈ Commission
Instruments Traded
Besides lots of currency pair, Axes also offers some instruments you would like to trade on, such as Forex, Indexes, Metals, Energies and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for General MT4 account, Axes specifically provides it with the following instruments and leverage:
Forex
1:500
Indexes
1:100
Metals
1:100
Energies
1:100
Crypto
1:2
π² Min Deposit $500
π‘ Min Position 0.01 lot
π’ Spread Fixed
π Scalping
π€ Expert Advisors
π± Hedging
β± Trailing stop
β³ Pending orders
1οΈβ£ One-click trading
β‘ Automated trading
πΈ Commission
Instruments Traded
Besides lots of currency pair, Axes also offers some instruments you would like to trade on, such as Forex, Indexes, Metals, Energies and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for General MT5 account, Axes specifically provides it with the following instruments and leverage:
Forex
1:500
Indexes
1:100
Metals
1:100
Energies
1:100
Crypto
1:2
Payment Methods
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
PayPal : Online payment was not a thing back in the early 2000s, but PayPal has been in the market since 1999 and thus deserves to be regarded as one of the first e-payment services in the world. The US-based company is popular across many online platforms, including forex brokers.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
Axes also provides payment with Crypto, UnionPay, Dash and Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Axes offers you MetaTrader 4, MetaTrader 5 and cTrader.
Customer Support
Do you have any question or find any trouble related to Axes? If you do, you should reach Axes's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About Axes
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Axes is a good broker for you or not by reviewing the criteria. In general, Axes provides trading service in Forex , Indexes , Metals , Energies and Crypto . As for the payment methods, you can choose between Crypto, Credit/debit cards, Dash, Neteller, PayPal, Skrill, UnionPay and Wire transfer. The customer support is available via Callback, Email, Forum, Live chat, Office, Phone, Skype and Web form.
The starting capital in Axes is $500.
Axes is regulated by SVGFSA 338 llc 2020. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Axes is a brokerage company offering trading services for clients since 2018 with offices in St. Vincent and Grenadines.