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No Regulation
Score
1.30 /10
Danger
Axion Trade
2-5 yearsSuspicious Regulatory License
High potential risk
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Comparison
Expose
Exposure
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Website
Score
Regulatory Index0.00
Business Index5.40
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
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-29
- 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
Note: Axion Trade's official website: https://axiontradeglobal.com/ is currently inaccessible normal.
| Axion TradeReview Summary | |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, Commodity, Index, Stock CFDs, Metals, Cryptocurrency |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:500 |
| Spread | From 0 pips to 1.2 pips |
| Trading Platform | Not Mentioned |
| Min Deposit | $1 |
| Customer Support | Email: support@axiontradeglobal.com |
| Company address: 3rd Floor, The Pinnacle, Central Court, Station Way, Crawley, West Sussex, United Kingdom, RH10 1JH | |
Axion Trade is an unregulated online trading platform. Its market offering covers Forex, Commodity, Index, Stock CFDs, Metals, and Cryptocurrency. There is no information about the registration of Axion Trade's website. On top of that, Axion Trade's website is currently unfunctional and suspected to be a clone.
Pros & Cons
| Pros | Cons |
| Multiple tradable assets | Unregulated |
| Lack of a functional website | |
| Limited contact channels | |
| Absence of a trading platform |
Is Axion Trade Legit?
Axion Trade has no legal license which is basically a warning - investing on this platform is dangerous.
What Can I Trade on Axion Trade?
| Trading Asset | Available |
| forex | ✔ |
| metals | ✔ |
| commodities | ✔ |
| indices | ✔ |
| energies | ❌ |
| stocks /shares | ✔ |
| cryptocurrencies | ✔ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Types/Leverage/Spreads
| Account Type | Minimum Deposit | Leverage | Spreads | |
| ECN | Standard | $1 | 1:500 | 0.0 pips |
| Pro | $1 | 1:500 | 0.0 pips | |
| Institutional | $1,000,000 | 1:500 | 0.0 pips | |
| Classic | Zero Commission | $1 | 1:500 | Up to 1.2 pips |
| Islamic | $1 | 1:500 | Up to 1.2 pips | |
| Mini | $1 | 1:500 | Up to 1.2 pips | |
| Nano | $1 | 1:500 | Up to 1.2 pips | |
Deposit and Withdrawal
On Axion Trade, there is only one deposit method – cryptocurrencies - typically for scammers.
Customer Service
| Contact Options | Details |
| support@axiontradeglobal.com | |
| Physical Address | 3rd Floor, The Pinnacle, Central Court, Station Way, Crawley, West Sussex, United Kingdom, RH10 1JH |
The Bottom Line
Axion Trade is an offshore broker with suspicious and dangerous trading conditions. You should avoid Axion Trade no matter what.
FAQs
Is Axion Trade legit?
No. Axion Trade has not been regulated.
Is Axion Trade good for beginners?
No. Any type of trader are advised to avoid untrustworthy platforms like Axion Trade.
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