Abstract:AXEL is a regulated broker, offering trading on stocks, CFDs, commodities and indices with leverage up to 1:500 and AXEL spread from 0 pips on MT4. The minimum deposit requirement is $100.
AXEL Review Summary | |
Founded | 2019 |
Registered Country/Region | Australia |
Regulation | ASIC |
Market Instruments | Stocks, CFDs, commodities, indices, cryptos, and currencies |
Demo Account | / |
Islamic Account | ✅ |
Leverage | Up to 1:500 |
Spread | From 1.5 pips (Standard account) |
Trading Platform | MT4 |
Minimum Deposit | $100 |
Customer Support | 24/7 support, contact form |
Tel: +61 883264233 | |
Email: support@axelprivatemarket.com | |
Address: Unit 3, 110 Unley Rd, Unley South Australia 5061 |
AXEL is a regulated broker, offering trading on stocks, CFDs, commodities and indices with leverage up to 1:500 and AXEL spread from 0 pips on the MT4 platform. The minimum deposit requirement is $100.
Pros | Cons |
Regulated by ASIC | Limited info on deposit and withdrawal |
A wide variety of instruments | |
MT4 platform | |
24/7 customer support | |
No deposit and withdrawal fees |
Yes. AXEL is licensed by Australia Securities & Investment Commission (ASIC) with license number 000529733 to offer services and provides segregated accounts.
Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
Australia | ASIC | Regulated | AXEL PRIVATE MARKET PTY LTD | Market Maker (MM) | 000529733 |
AXEL offers trading on stocks, CFDs, commodities, indices, cryptos, and currencies.
Tradable Instruments | Supported |
Stocks | ✔ |
CFDs | ✔ |
Commodities | ✔ |
Indices | ✔ |
Cryptos | ✔ |
Currencies | ✔ |
Bonds | ❌ |
ETFs | ❌ |
Options | ❌ |
Here are three account types AXEL offers.
Account Type | Minimum Deposit |
ECN | $100 |
Standard | |
Islamic |
AXEL offers flexible leverage options. Higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.
Instrument | Maximum Leverage |
Forex | 1:500 |
Metals | |
Indices | 1:100 |
Commodities |
Account Type | Spread | Commission |
ECN | From 0 pips | $7/Lot |
Standard | From 1.5 pips | 0 |
Islamic |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, mobile, web | Beginners |
MT5 | ❌ | / | Experienced traders |
Here at Axel Private Market Limited, deposits and withdrawals are free of charge. However, in situations where the environment is not within our control, you will be charged a certain fee not by AXEL but by relevant parties such as Banks, E-Wallet companies, andor Payment Channel Providers pertaining to your depositing or withdrawing.