Axia Investments Spreads, leverage, minimum deposit Revealed

Axia Investments Information

　　Axia Investments is an offshore broker created in 2020, registered in Seychelles, and regulated by the Seychelles Financial Services Authority (FSA). It provides access to over 600 trading instruments using platforms such as MT5 and its proprietary Axia Trader. However, it is also related with a suspicious clone notice from CySEC, casting doubt on its reliability.

Pros and Cons

Is Axia Investments Legit?

　　Axia Investments is a financial company offshore regulated by the SeychellesFinancial Services Authority (FSA) under Retail Forex License No. SD034. However, it is also linked to OBR Investments Ltd, which has been designated as a suspicious clone by the Cyprus Securities and Exchange Commission (CySEC) license No. 217/13. This raises severe issues about its legality, notwithstanding the fact that it holds an offshore license.

What Can I Trade on Axia Investments?

　　Axia Investments provides access to over 600 trading instruments in major asset classes such as FX, indices, commodities, stocks, cryptocurrencies, and CFDs. This makes it ideal for traders seeking broad market exposure.

Account Type

　　Axia Investments has three types of live trading accounts: Silver, Gold, and Platinum, with increasing perks and minimum investments. It provides demo accounts for practicing. However, it does not mention Islamic (swap-free) accounts. Silver is appropriate for beginners, gold for active traders, and platinum for high-volume or VIP traders.

Leverage

　　Axia Investments offers leverage up to 1:400, depending on the account type. Leverage increases both potential gains and risks.

Axia Investments Fees

　　Axia Investments' fees are slightly above industry average on entry-level accounts due to higher spreads. However, it offers 0% overnight swap fees for the first 7 days. The spreads begin at 1.8 pips, which is higher than many large brokers, who provide spreads ranging from 0.0 to 1.0 pips for ordinary accounts.

Trading Platform

Deposit and Withdrawal

　　Axia Investments accepts credit and debit cards, wire transfers, and a variety of e-wallets. Although most regular accounts demand a $5,000 deposit, Axia provides a Bronze account with a $500 entry point. Withdrawals normally take 3-5 business days, while wire transfers may take longer.