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Global Broker Regulation & Inquiry App

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AXNFX

United Kingdom|5-10 years|
Suspicious Scope of Business|High potential risk|

https://www.axnfx.com/

Website

Rating Index

Contact

+44 203 2892 479
support@axnfx.com
https://www.axnfx.com/
Contact Center Howard Building, 368 Queenstown Rd, London SW8 4NN, UK

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 203 2892 479

Other ways of contact

Broker Information

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Company Name

POWER BUSINESS GROUP LIMITED

Abbreviation

AXNFX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

AXNFX · WikiFX Survey

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AXNFX · Company Summary

Regulation and general information

AXNFXis a forex and cfd broker owned and operated by POWER BUSINESS GROUP LIMITED , based in Seychelles. AXNFX it is not currently subject to any effective regulation at this time.

market instruments

Investors can trade a variety of assets on the Axn FX platform, mainly currency pairs, commodities, indices, stocks, and cryptocurrencies.

minimum deposit

AXNFXoffers three different trading accounts: classic (with a minimum initial deposit of $100), premium (with a minimum initial deposit of $2,000), and pro (with a minimum initial deposit of $5,000).

ART637693723471069937_768187.png

leverage AXNFX

Trading leverage varies across different instruments. The maximum level of leverage for forex instruments is up to 1:400, which is considered high. Since leverage can amplify both profits and losses, inexperienced traders are not advised to use too high trading leverage.

Spreads and commissions

The EURUSD spread on the standard account is between 0.1 pips and 0.5 pips, and the trading commission is $20 per lot, which translates to a spread between 2.1 pips and 2.5 pips, which It doesn't seem competitive. Information on spreads and commissions on Premium and Pro accounts is not yet provided.

trading platforms

Axn FX offers traders the most popular trading platform available today, MT4, which is preferred by traders around the world for its powerful charting tools, extensive custom indicators, automated trading and EA trading. MT4 is suitable for both novice and experienced traders, applied by traders of all levels to develop different trading strategies that help them get ahead in the financial markets.

deposit and withdrawal

Axn FX supports traders through bank transfers, credit/debit cards and popular electronic payment methods such as Skrill, Neteller.

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