Company Summary
| Axon MarketsReview Summary | |
| Founded | 2022 |
| Registered Country/Region | Seychelles |
| Regulation | FSA (offshore) |
| Market Instruments | Forex, stocks, cryptos, spot metals, commodities, indices |
| Demo Account | / |
| Leverage | Up to 1:2000 |
| Spread | From 1.5 pips (Standard account) |
| Trading Platform | MT5 |
| Social Trading | ✅ |
| Min Deposit | 10 USD/JPY |
| Customer Support | Live chat, contact form |
| Tel: +248 4224183 (Monday to Friday: 07:00 – 24:00 GMT+8) | |
| Email: info@axonmarkets.com; support@axonmarkets.com; feedback@axonmarkets.com | |
| Regional Restrictions | The 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 Cons
| Pros | Cons |
| Diverse tradable assets | Offshore regulation risks |
| Islamic accounts | Regional restrictions |
| Low minimum deposit | |
| MT5 provided | |
| Social trading provided | |
| Popular payment options | |
| No fees for deposits and withdrawals | |
| Various channels for customer support |
Is Axon Markets Legit?
Axon Markets is offshore regulated by the Seychelles Financial Services Authority (FSA), and potential risks should be noted.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| The Seychelles Financial Services Authority (FSA) | Offshore Regulated | Seychelles | Retail Forex License | SD115 |
What 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 Type | Min Deposit | Max Leverage | Spread | Commission |
| Standard | 50 USD/JPY | 1:500 | From 1.5 pips | ❌ |
| Prime | 1,000 USD/JPY | From 0.6 pips | ||
| Raw Spread | 500 USD/JPY | From 0 pips | $3 / lot | |
| LeveragePlus | 10 USD/JPY | 1:2000 | From 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 Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, web, mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Social Trading
Axon Markets provides a platform for social trading. On this platform, traders can share their trading experiences.
Deposit and Withdrawal
| Payment Options | Min Deposit/ Withdrawal | Accepted Currencies | Deposit/Withdrawal Fees | Deposit Time | Withdrawal Time |
| Direct Bank Wire | $10 | USD | ❌ | Up to 3 business days | Up to 3 business days |
| Credit Card (Visa/Master) | USD, JPY | Instant | Within 48 hours | ||
| Local Bank Transfer | Multiple local currencies | ||||
| Skrill/Neteller | USD, JPY | ||||
| Perfect Money/AstroPay | |||||
| Tether/Bitcoin | Major cryptos |
jantrading
I am posting this to warn others and to ask if anyone had similar issues with Axon Markets or other offshore brokers. I traded XNGUSD (natural gas) using a simple multi-day swing strategy: I opened sell trades based on technicals and fundamentals early in the week and closed them later to avoid weekend risk. These were normal trades held for several days, no scalping, no bots, no latency tricks - just clean manual execution through MT5. I made over 16100 USD in profit. Shortly after closing the trades, Axon Markets blocked my account and used a "Profit Adjustment" to erase all gains. They claimed arbitrage on misconfigured prices but provided no proof, no timestamps, and no evidence of any rule violation. Meanwhile, all loss trades stayed untouched - so they only let you lose, not win. I still have full access to my MT5 terminal because it was running on a virtual machine. I downloaded the full trade report and journal log before they could cut access. I am attaching screenshots and the HTML trade report to this post. They replied once, saying the case was forwarded, and have ignored every message since. Has anyone else had profits deleted like this? - What are your experiences with offshore brokers? - Can we report this to the Seychelles FSA with any hope of result? - Any recommendations for reliable brokers who actually pay out? Would love to hear what the community thinks. Thanks in advance.
Exposure
jantrading
Switzerland
Axon Markets is a scam broker. I traded XNGUSD using a manual, multi-day swing strategy: sell positions opened early in the week based on price action and fundamentals, then closed later to avoid weekend risk. All trades were held for 2–5 days - no scalping, no latency, no bots. After earning $16,600+ in legitimate profit, my account was blocked without warning, and all gains were deleted using a “Profit Adjustment” entry. I was never paid out. Their excuse: “arbitrage on misconfigured prices” - but they provide no evidence, timestamps, or specific trades. Meanwhile, losses were kept untouched, proving that only losing trades are allowed. I still have full access to MT5 via a virtual machine, with complete trade logs, execution timestamps, and screenshots proving normal activity. Support responded once, then ignored all follow-ups. If you make money here, they will find a reason to steal it. Avoid at all costs.
Exposure
FX1029757449
Japan
Being able to use cryptocurrency for withdrawals was incredibly helpful. I didn't experience any particular inconveniences.
Positive
R Y
Japan
There are no particular issues with agreements, and the company is comfortable to use.
Positive