Axmtrading Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-11 13:54

Abstract：Axmtrading is a broker registered in United Kingdom that provides six kinds of trading instruments and six different types of accounts. However, there is no demo accounts available, and the minimum deposit required is relatively high. Most importantly, the broker lacks legal regulatory licenses.

Axmtrading Review Summary
Founded	2024
Registered Country/Region	United Kingdom
Regulation	No Regulation
Market Instruments	Stocks, Forex Pairs, Commodities, Indices, Cryptocurrencies and NFT
Demo Account	❌
Trading Platform	Axmtrading Trading Platform
Leverage	/
Minimum Deposit	$0
Customer Service	24/7 contact form

Axmtrading Information

　　Axmtrading is a broker registered in United Kingdom that provides six kinds of trading instruments and six different types of accounts. However, there is no demo accounts available, and the minimum deposit required is relatively high. Most importantly, the broker lacks legal regulatory licenses.

Pros and Cons

Pros	Cons
Multiple Trading Choices	Lack of Legal Regulation
Multiple Account Types	No Demo Accounts
No Minimum Deposit Requirement	Limited Contact Channels

Is Axmtrading Legit?

　　Axmtrading is not subject to any legal regulation. Its domain was registered on March 3, 2024, was last updated on June 2, 2024, and is set to expire on March 3, 2025.

What Can I Trade on Axmtrading?

　　Axmtrading offers six types of trading instruments.

　　The following is some specific information about instrument types. For more details, please visit this website: https://axmtrading.com/Forex.html

　　Forex Pairs: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, etc.

　　Stocks: Citigroup, Ford, AT&T, Visa, Alcoa, C3.ai Inc, Boeing,etc.

　　Cryptocurrencies: Cardano, Ape Coin, Aptos, ARB, Axie Infinity, Bitcoin Cash, etc.

　　Commodities: Natural Gas, Cocoa, Sugar, UK Oil, US oil, Wheat, Coffee, Metal (Copper, Palladium, Platinum, Aluminium, Silver,Gold), etc.

　　Indices: CAC 40, DAX, Dow Jones, USD Index, Hang Seng, MIB, etc.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stocks	✔
Mutual Funds	❌
Bonds	❌
NFT	✔

Account Type

　　Axmtrading offers six types of accounts: Main, Bronze, Sliver, Gold, Platinum and VIP accounts. However, demo accounts are not available. The minimum deposit for six accounts varies, ranging from $0 to $100,000. But in the FAQs section, it mentions that the minimum deposit is $250, which is quite high in the industry.

Account Type	Mini Deposit
Main	$0-$2,500
Bronze	$2,500-$10,000
Sliver	$10,000-$25,000
Gold	$25,000-$50,000
Platinum	$50,000-$100,000
VIP	$100,000+

Trading Platform

　　Axmtrading only supports trading on its own web-based platform. This platform can monitor all trading activities and offers some small assistance tools, including market observation tools, an economic calendar, market news, and so on. However, its platform is not as reliable and secure as professional platforms like MT4/MT5.

Trading Platform	Supported	Available Devices
MT5	❌	/
MT4	❌	/
Axmtrading Trading Platform	✔	Web

The Bottom Line

　　Axmtrading is a broker that offers a variety of trading instruments and multiple account types. However, Axmtrading is not subject to any legal regulation, so you are advised to stay away from it.