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Danger
ES CNMV
2024-04-08
No Regulation
Score
1.29 /10
Danger
AXAFOREX
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
D
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index5.27
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
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
open now
Regulatory disclosure
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
2
Previous Detection :
2025-05-01
- 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
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)
| AXAFOREX Review Summary | |
| Founded | 2021 |
| Registered Country/Region | United Kingdom |
| Regulation | No Regulation |
| Market Instruments | Forex, Commodities, Indices, Cryptocurrencies, Stocks, and Binary options |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | 0.00002 |
| Trading Platforms | Web Trading, Desktop Platform, Mobile Platform |
| Minimum Deposit | $5 |
| Bonus | ✅ |
| Customer Support | Contact form |
| Phone: +447723399001 (WhatsApp) | |
| Email: support@axaforex.com | |
| Address: Capitol Building, Capitol Loop Delap-Uliga-Djarrit, Majuro Atoll Marshall Islands, AXINVEST GROUP LLC 732167-NX, P.O. box 2717 | |
AXAFOREX is an unregulated financial firm founded in 2021 and registered in the United Kingdom. It offers various market instruments including Forex, Commodities, Indices, Cryptocurrencies, Stocks, and Binary options. The firm provides three account types (mini, standard, partner) with a low minimum deposit of $5. Trading with AXAFOREX is available through Web, Desktop, and Mobile platforms.
Pros and Cons
| Pros | Cons |
| Demo accounts available | No regulation |
| A wide range of products | High leverage risks |
| Diverse account types | MT4 & MT5 unavailable |
| Multiple customer support channels | |
| Low minimum deposit |
Is AXAFOREX Legit?
At present, AXAFOREX lacks valid regulation. Its domain was registered on July 5, 2021, and the current status is “active”. You can try it but still need to pay attention to the safety of your funds.
What Can I Trade on AXAFOREX?
On AXAFOREX, you can trade with Forex, Commodities, Indices, Cryptocurrencies, Stocks, and Binary options.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Binary options | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
Account Type
AXAFOREX provides three types of accounts: the Mini, the Standard, and the Partner account.
| Account Type | Mini Account | Standard Account | Partner Account |
| Minimum Deposit | 5/deposit | 2,000/deposit | $1,500/client |
| Invest Bonus | ❌ | 120% | / |
| Crypto Bonus | 20% | 30% | / |
Leverage
The maximum leverage is up to 1:1000, which means that for every unit of your own capital, you have the potential to control up to 1000 units in the market. Be aware that this can significantly amplify both profits and losses.
Spreads and Commissions
AXAFOREX offers competitive spread as low as 0.00002 pips. Moreover, it does not charge any commissions.
| Feature | Mini Account | Standard Account | Partner Account |
| Spread | From 0.00002 pips | From 0.00002 pips | / |
| Commission | ❌ | ❌ | / |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| AXAFOREX platform | ✔ | Web, desktop, mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Bonus & Promotion
| Bonus/Promotion | Detail | Key Features |
| Crypto Bonus | Up to 30% cryptocurrency bonus for deposits made with cryptocurrencies | - Additional $10,000 for trading |
| - Funds without restrictions | ||
| - Bonus participates in drawdown | ||
| - Reserve investment asset | ||
| - Ability to open additional orders | ||
| - Protection from accidental Stop-out | ||
| Active Trader Program | Tailored for high-volume currency traders | - Up to 30% reduced trading costs via cash rebates |
| - One-on-one support from a Market Strategist | ||
| - Reimbursement of crypto miner fees or Debit/Credit card transfers | ||
| - Qualify with a $1,000 minimum deposit or $5M monthly trade volume | ||
| Article Bonus | $10 no-deposit bonus per unique article on forex, trading, or investing | - Unlimited bonuses per published article |
| - No limit on the number of articles | ||
| - Simple profit withdrawal conditions | ||
| - No account verification required | ||
| Free Forex VPS | Free Virtual Private Server for standard account active traders | - Close to trading server |
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