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Global Broker Regulation & Inquiry App
No Regulation
Score
0123456789
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0123456789
/10
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
More
Company Name
POWER BUSINESS GROUP LIMITED
Abbreviation
AXNFX
Platform registered country and region
United Kingdom
Company website
Pyramid scheme complaint
Expose
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-07-09
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | Minimum Deposit $100 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | Minimum Deposit $2000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | -- |
| Minimum Deposit | Minimum Deposit $5000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
Platform Capital Ratio
--% 
-- --
100%--% 100%
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Exposure
1 pieces of exposure in total Pyramid scheme complaint
ExposeAXNFX · 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).
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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