Score
Saint Vincent and the Grenadines | 5-10 years |https://aximtrade.net/?language=en
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Rating Index
Influence
B
Influence Index NO.1
Turkey 4.93 
Forex License No forex trading license found. Please be aware of the risks.
Saint Vincent and the Grenadines 
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| AximtradeReview Summary | |
| Founded | 2020 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex, Cryptocurrencies, commodities, indices, Metals, Energies |
| Demo Account | / |
| Leverage | 1:1000 to Unlimited Leverage |
| Spread | As Low as 0.0 Pip (ECN account) |
| Trading Platform | MetaTrader4, Mobile App |
| Min Deposit | $1 |
| Customer Support | Email: support@aximtrade.com |
| Live Chat | |
| Company address: 103 566 St Kilda Rd Melbourne VIC 3004 | |
Aximtrade is a forex broker established in 2020 and registered in Saint Vincent and the Grenadines. It provides multiple account options, such as Cent, Standard, ECN, and Infinite, with leverage ranging from 1:1000 up to unlimited levels. The broker supports trading on the widely used MetaTrader 4 (MT4) platform.
| Pros | Cons |
| Multiple tradable products | Unregulated |
| MT4 and a Mobile App offered | Unavailable website |
| Spread As Low as 0 Pip | |
| High leverage |
No, Aximtrade is not a licensed broker. Its licenses are either revoked or suspected of being a fake clone. In light of this, putting your money on the line would be an inexcusable mistake.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | Australia Securities & Investment Commission | Revoked | AximTrade Pty Limited | Appointed Representative(AR) | 001294600 |
 | Australia Securities & Investment Commission | Suspicious Clone | HLK GROUP PTY LTD | Straight Through Processing (STP) | 435746 |
Aximtrade provides clients with a wide selection of tradable assets, including forex pairs, precious metals (gold and silver), energy commodities (crude oil and natural gas), global indices (S&P 500 and NASDAQ), cryptocurrencies (Bitcoin and Ethereum), and individual stocks and commodities from global markets.
| Trading Asset | Available |
| forex | ✔ |
| cryptocurrencies | ✔ |
| commodities | ✔ |
| indices | ✔ |
| metals | ✔ |
| energies | ✔ |
| stocks /shares | ❌ |
| CFDs | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
There are four main kinds of trading accounts available to traders using Aximtrade, which are Cent, Basic, ECN, and Infinite.
| Account Types | Minimum Deposit |
| Cent | $1 |
| Basic | $1 |
| ECN | $50 |
| Ifinite | / |
The leverage provided by Aximtrade is capped at 1:1000 to Unlimited Leverage.
| Account Types | Leverage |
| Cent | Up to 1:1000 and 1：2000 |
| Basic | Up to 1:1000 and 1：2000 |
| ECN | Up to 1:1000 |
| Infinite | Unlimited |
Keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
This broker claims to offer competitive spreads that vary depending on the trading account type. For example, the Cent account and Standard account have floating spreads starting from 1.0 pips, while the ECN account has the tightest spreads, starting from 0 pips, and charges commissions ranging from $3 per lot.
Aximtrade offers its clients two trading platforms: MetaTrader 4 (MT4) and a mobile app. MT4 is a widely recognized platform in the forex industry known for its advanced charting capabilities, technical analysis tools, and customizable interface. However, we couldn't find much information about the Aximtrade Mobile App.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginner |
| Aximtrade Mobile App | ✔ | Mobile | / |
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginner |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced trader |
Aximtrade supports a wide range of payment methods, including bank transfers, credit cards, and e-wallets.
Aximtrade has attracted considerable attention following numerous complaints involving withdrawal difficulties, disputed profits and regulatory concerns. According to WikiFX, the broker currently holds a WikiFX Score of just 1.23 out of 10 and has been placed on the WikiFX Complaint Blacklist.
Aximtrade is an online forex broker offering access to multiple financial instruments, various trading accounts and high leverage. However, its regulatory status has raised significant concerns.
Critical warning: Axim Trade shows unverified ASIC regulation, appears in regulator warning disclosures, and faces repeated 2024 withdrawal complaints claiming delays from 12 hours to four months. Traders should treat this broker as high risk until fund access and regulatory standing are independently verified.
AximTrade shows a high-risk profile in the available WikiFX data: its WikiFX Score is 1.62, its ASIC regulation is marked unverified, and there are regulator disclosures plus multiple withdrawal-related complaints. The broker offers low deposits and very high leverage, but the complaint pattern and weak regulation status make caution essential before funding an account.
While no one knows how long a recession lasts, the financial consequences of making poor trading decisions during the recession can be devastating. Interestingly, there is one market that remains viable even when the stock and crypto markets plummet. Forex trading during recession offers excellent profit opportunities, as it offers income opportunities even during economic downturns. Let's explore!
If you're new to forex trading or looking for more information about AximTrade, you’ve come to the right place! This article aims to address the most frequently asked AximTrade FAQs. We will explore topics such as opening an account, available trading platforms, and the educational resources they provide. So, let’s jump right in and get started on this insightful journey!
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Tran Thuy Hien
Vietnam
When I wanna witdhraw, they said I managed other people's account. This is a scam. Please stay away from this platform.
Van Anh26650
Vietnam
I traded in aximtrade and they wipe out my profit, nearly $3,000. They accused me of using other people's account and wiped out my profit. Please stay away from them. If you profit and wanna witdhraw, they'll wipe out your profit!
FX2325074262
Vietnam
I deposited $1,550 in aximtrade （My Mt4：2131811414）. They asked me to join in promotion campaign and I got a bonus of $697. But when I profited $1,011, they wiped out my profit.
Dodi8224
Indonesia
Aximtrade has cheated me, didn't give my withdrawal for 4 months.
Dodi8224
Indonesia
Help me return the money that has been in the WD
Adsyraf
Malaysia
I have been waiting for 12 hours the withdrawal. On system still in review. Normally the withdrawal does not take so much time. then suddenly I found this app to check whether is legit or not
FX1316447467
Egypt
I have made a withdrawal since February 23, and more than two months have passed since this process, and nothing has arrived for me. Every time I speak to support, they tell me that the withdrawal process has been approved, and we are now waiting for the payment provider. I hope for a solution to this because this broker is a fraud.
Abdalla7438
Egypt
I made a withdrawal on 12/15/2023. Until today, the money was not released. I canceled the transaction and did it again, but there is nothing new. I contacted support more than 10 times and it says that it approved the request, the delay comes from the payment gateway. I hope for a solution because they do not tell us anything about the delay. This is abnormal.