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Axion Trade -

Score

4.20 /10
Average

Axion Trade

Seychelles

5-10 years

Regulated in Seychelles

Retail Forex License

Suspicious Scope of Business

Australia Appointed Representative(AR) Revoked

Suspicious Overrun

High potential risk

Offshore Regulated

https://axiontrade.net/

Influence

C

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Comparison

Quantity 17

Exposure

Open Account
Website

Score

Regulatory Index4.29

Business Index7.91

Risk Management Index0.00

Software Index4.00

License Index4.29

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

Axion Trade Limited

Company Abbreviation

Axion Trade

Platform registered country and region

Seychelles

Company website

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 5
Previous Detection : 2025-05-01
  • The number of the complaints received by WikiFX have reached 15 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • AustraliaASIC (license number: 001293799) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Exposure

17 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

The platform refuses to withdraw and the customer service never replies the message and email, and causing dealer to collude with the platform to maliciously liquidate the postion at the end

The platform refuses to withdraw and the customer service never replies the message, and causing dealer to maliciously liquidate the postion at the end

FX4969462802
2022-01-20 17:35
Scam

Axion trade scam

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

TVB63
2022-02-07 01:05
Resolved

The platfrom does not process withdrawal

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

XIAOWEI
2023-04-07 17:38
Unable to Withdraw

Broker went silent on withdrawal request

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)

antifragileme
2024-01-27 02:50
Axion Trade · Company summary
Axion TradeReview Summary
Founded2020-05-05
Registered Country/RegionUnited Kingdom
RegulationOffshore regulated
Market InstrumentsForex/Commodities/Indices/Stocks
Demo Account✅
LeverageUp to 1:1000
SpreadAs low as 0 pips
Trading PlatformMT4(PC/Mac/Android/iOS)
Min DepositUSD 10
Customer SupportEmail: support@axiontrade.net
Phone: +2484379846
Facebook/Instagram

Axion Trade Information

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.

Axion Trade Information

Pros and Cons

Pros Cons
Various tradable instrumentsOffshore regulated
MT4 availableHigh max leverage
Demo account availableUnspecific transfer time and fee information
Spread as low as 0 pipsNo 24/7 customer support

Is Axion Trade Legit?

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.

Is Axion Trade Legit?
Is Axion Trade Legit?
Is Axion Trade Legit?
Is Axion Trade Legit?

What Can I Trade on Axion Trade?

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❌
What Can I Trade on Axion Trade?

Account Type

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 ECNClassicFixed Spread
RawProInstitutionalStandardIslamicNanoX300EliteVIP
LeverageUp to 1:500Up to 1:100Up to 1:100Up to 1:500Up to 1:500Up to 1:1000Up to 1:500Up to 1:500Up to 1:500
CommissionsYesYesYesNoneNoneNoneNoneNoneNone
SpreadsAs low as 0 pipsAs low as 0 pipsAs low as 0 pipsAs low as 1.9 pipsAs low as 1.9 pipsAs low as 1.9 pipsAs low as 3.1 pipsAs low as 2.1 pipsAs low as 1.1 pips
Minimum DepositUSD 100USD 100000USD 1000000USD 100USD 100USD 10USD 100USD 1000USD 10000

Axion Trade Fees

The spread is as low as 0 pips, the commission is from 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

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 PlatformSupported Available Devices Suitable for
MT4✔PC/Mac/Android/iOSJunior traders
Axion Mirror✔-Beginners
Trading Platform

Deposit and Withdrawal

The minimum deposit is USD 10. However, transfer processing times, methods, and associated fees are unknown.

User Reviews

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User comment

7

Comments

Write a review

石振
more than one year
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.
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.
Translate to English
2022-12-16 15:22
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0
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Streaming
more than one year
HAPPY TRADING! They offer a huge range of markets and withdrawals are quick and easy. Great and recommend for all.
HAPPY TRADING! They offer a huge range of markets and withdrawals are quick and easy. Great and recommend for all.
Translate to English
2024-06-04 14:19
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0
0
17