Score
Seychelles
|
5-10 years
| https://axiontrade.net/en
Website
Rating Index
Influence
C
Influence index NO.1
United States 2.83 Seychelles
axiontrade.com.kh axiontrade.org axiontrade.net
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| Axion TradeReview Summary | |
| Founded | 2020-05-05 |
| Registered Country/Region | United Kingdom |
| Regulation | Offshore regulated |
| Market Instruments | Forex/Commodities/Indices/Stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | As low as 0 pips |
| Trading Platform | MT4(PC/Mac/Android/iOS) |
| Min Deposit | USD 10 |
| Customer Support | Email: support@axiontrade.net |
| Phone: +2484379846 | |
| Facebook/Instagram | |
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 | 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 |
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.
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 | ❌ |
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 |
The spread is as low as 0 pips, the commission is from 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
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 |
The minimum deposit is USD 10. However, transfer processing times, methods, and associated fees are unknown.
Yes, certain account types like the ECN and Pro accounts have commissions, but others, such as the Standard and VIP accounts, don’t. Personally, I prefer to trade with an account that has no commissions, but I understand that the spreads might be a little wider in such cases. From my perspective, if you are a high-volume trader, an ECN account with a commission structure might work better, but for beginners or casual traders, avoiding commissions may make more sense. In my Axion Trade review, I’ve found that it’s crucial to choose the account type that best suits your trading style and budget.
In my Axion Trade review, I found that Axion Trade is offshore regulated, holding a license from the FSA (license number SD175). However, it also has a revoked ASIC license (license number 001293799) and a status of "exceeded" from SERC (license number 037). From my perspective, the offshore regulation might make some traders uncomfortable, especially those looking for strong regulatory oversight. For a more secure trading environment, I would prefer a broker with a robust regulatory framework like the FCA or ASIC with active status. This raises a few red flags in my Axion Trade review, but if you're okay with taking some risks, it still offers solid trading conditions.
From what I've seen in my Axion Trade review, the major pro of Axion Trade’s regulation is the wide variety of trading instruments it offers, which is great for those looking to diversify. Additionally, the availability of a demo account is helpful for beginners. However, the cons far outweigh the pros in my view. Offshore regulation, revoked licenses from ASIC, and the exceeded status from SERC are significant drawbacks. I personally wouldn't consider trading with Axion Trade long-term because the regulatory status can often lead to potential risks that could affect traders’ security.
The minimum spread on Axion Trade is as low as 0 pips, which is really attractive if you’re looking for tight spreads. From my experience, tighter spreads can give you an edge, especially when trading on shorter time frames or high-frequency strategies. This low spread, combined with their leverage options, makes Axion Trade appealing for those who prefer fast-paced, high-volume trading. Personally, I think this is one of the standout features of Axion Trade based on my review—tight spreads can certainly help boost your profitability in the long run.
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antifragileme
Singapore
Thousands of dollars stolen by the broker as withdrawal was not processed. Upon multiple emails to the entity (no phone number provided), there has been ZERO replies. All attempts to contact via email and facebook direct messages have been ignored. This broker is not actually regulated and does not have apparent controls in place to manage customer funds. It is likely that they have lost all customer funds and gone silent on withdrawals.All proven with attached images:1) Multiple emails sent ignored by broker2) Detail of withdrawal transaction (18 Dec 2023) still pending as of today (27 Jan 2024)
Exposure
小偉
Taiwan
I applied for an Axiontrade trading account on 2023/03/29 and deposited 130 USD through USDT-TRC20 (as shown in the picture), and withdrew 129.58 USD through USDT-TRC20 on 2023/03/30 (as shown in the picture), and Axiontrade has not processed it for a long time Withdrawing funds, I wrote to the customer service mailbox and there was no reply (as shown in the attached picture), and on 2023/04/02, I found that the client directly displayed an invalid user when logging in in the background (as shown in the attached picture), and there was no response when I clicked the forgotten password
Exposure
TVB63
Hong Kong
Induced deposit fraud and malicious liquidation. Teng Kah Weng 911125145447 no 7,taman kok doh jalan segambut 51200 kalau lumpur Kuala Lumpur. This is the man
Exposure
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
Streaming
Taiwan
HAPPY TRADING! They offer a huge range of markets and withdrawals are quick and easy. Great and recommend for all.
Positive
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
FX1257448420
United Kingdom
Straight forward to use, the team were very responsive and great to deal with! I would highly recommend it. Excellent customer service I have ever experienced!
Positive
石振
United States
I've experienced a problem like deposit issues and connectivity since day one. Also, their spread & commission is high compared to other brokers. Do yourself a favour, walk away and find yourself a better broker.
Neutral
FX4969462802
Hong Kong
The platform refuses to withdraw and the customer service never replies the message, and causing dealer to maliciously liquidate the postion at the end
Exposure
FX2980322187
Hong Kong
Ib Tang bind with mam and does not allow to unbind and maliciously liquidate the position. Lose $8465 and induce customer to deposit.
Exposure
hailun
Hong Kong
Axiontrade cooperates with the broker Malaysian, Tang, to induce customer to deposit and maliciously liquidate the postion, and scam their principle, and causes heavy loss to the customer. Everyone must be awere about this fraud Axiontrade platform and do not participate.
Exposure
FX4969462802
Hong Kong
Stcuking client's funds that are not allowed to be withdrawn, but only deposited. Then this person colludes with the platform and finally liquidate the position and takes profits from customer losses.
Exposure
TVB63
Hong Kong
Transfer the funds from the commission account to the trading account without permission. Do not unbind the mam to withdraw for the customer and do not review. The ib personnel operate the account and maliciously liquidate the position. The picture is ib. I will reward a lot for the clues
Exposure
随风11793
Hong Kong
Fraud and maliciously liquidate the position. This company maliciously liquidate over 2.6 million dollars.
Exposure
TVB63
Hong Kong
Induce customers to deposit funds, do not unbind mam, maliciously liquidate positions
Exposure
赵远峰
Hong Kong
It does not allow to withdraw since Jan. 2 till now. All the accounts were wiped out on 18th. I hope that the customer service can address it for me.
Exposure
赵远峰
Hong Kong
The platform does not allow to withdraw since Jan. 2. Yesterday, all positions were liquidated. This platform is a scam.
Exposure
最强战神
Hong Kong
The platform and traders do not approve the withdrawal until the traders deliberately liquidate the account. Complain to the platform and traders, and demand compensation for losses.
Exposure
TVB63
Hong Kong
The account send email to platform to unbind for withdrawal on Jan. 14, but the customer service refused to do so by various reason which caused the maliciously wipe out
Exposure
TVB63
Hong Kong
Axiontrade cooperated with this person to defraud in the form of mam, and asked the customer service to unbind mam to withdraw money on the way, refused by various reasons, and maliciously exploded all the customer's funds in the early morning tonight! A total of over $1 million was lost.
Exposure