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Axen Broker

Axen Broker | 2024-10-12 11:12

Abstract：Axen Broker was founded by Axen Capital LTD in 2021 in Mexico. It offers 3 trading platforms: MT5, C-TRADER and Axen Copy-PAMM. Besides, there are various trading assets, including Forex, Metals, Indicies, Cryptocurrencies, Actions, ETFs and Energies. However, it is not regulated by any financial authorities.

Axen BrokerReview Summary
Founded	2021-12-22
Registered Country/Region	Mexico
Regulation	Not regulated
Market Instruments	Forex, Metals, Indicies, Cryptocurrencies, Actions, ETFs and Energies
Demo Account	❌
Leverage	Up to 1:100
Spread	Medium
Trading Platform	MT5, C-TRADER, Axen Copy-PAMM
Min Deposit	$ 500
Customer Support	Phone: +524521820018
	Email: support@axenbroker.com
	Address: Madrid 11 a Huertas del Cupat. Paseo Lazaro Cardenas y Mazatlan, Huertas del Capatitzio

Axen Broker was founded by Axen Capital LTD in 2021 in Mexico. It offers 3 trading platforms: MT5, C-TRADER and Axen Copy-PAMM. Besides, there are various trading assets, including Forex, Metals, Indicies, Cryptocurrencies, Actions, ETFs and Energies. However, it is not regulated by any financial authorities.

Pros and Cons

Pros	Cons
Multiple trading platforms	High minimum deposit
Various trading assets	Low leverage
	Not regulated
	Lack of transparency

Is Axen Broker Legit?

Axen Broker's company Axen Capital LTD claims it is authorised and regulated by Moheli Corporate Services Ltd - COMOROS UNION, Mwali International Services Authority and the registration number is T2023261. However, the website of the authority shows no results of the number T2023261.

What Can I Trade on Axen Broker?

Axen Broker provides over 800 trading instruments, including over 100 pairs of forex, metals, indices, cryptocurrencies, actions, ETFs and energies.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Indices	✔
Cryptocurrencies	✔
Actions	✔
ETFs	✔
Energies	✔
Options	❌

Account Type

Axen Broker offers various account types according to different trading platforms.

MT5

Account Type	Minimum Trade	Minimum Deposit
ECN-Zero Commission	0.01 Lot	$500
ECN-Standard		$1000
ECN-business		$2500
ECN-PROFESIONAL		$5000

C-TRADER

Account Type	Minimum Trade	Minimum Deposit
ECN-STANDARD	0.01	$1000
ECN-PROFESIONAL	0.01	$5000

Axen Copy-PAMM

Account Type	Minimum Trade
Copy Trading	0.00000001 lot
MAM Account
Investment Fund for Everyone

Leverage

The leverage of all accounts of Axen Broker is fixed at 1:100. Traders should be more careful because high leverage always comes with high profits and losses.

Spreads & Commissions

MT5

Account Type	Spread	Commission
ECN-Zero Commission	Medium	$0
ECN-Standard	Small	$5
ECN-business	Raw	$12
ECN-PROFESIONAL	Raw	$9

C-TRADER

Account Type	Spread	Commission
ECN-STANDARD	Raw	$ 20
ECN-PROFESIONAL	Raw	$ 15

Trading Platforms

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows, IOS and Android	Experienced traders
C-TRADER	✔	Desktop, Web	Experienced traders
Axen Copy-PAMM	✔	Web	Beginners

Customer Service

Axen Broker offers 24/7 customer support. Traders can contact them by phone and email.

Contact Options	Details
Phone	+524521820018
Email	support@axenbroker.com
Support Ticket System	❌
Online Chat	❌
Social Media	Telegram, Instagram and Whatsapp
Supported Language	Spainish
Website Language	Spainish
Physical Address	Madrid 11 to Huertas del Cupat. Paseo Lázaro Cárdenas and Mazatlán, Huertas del Capatitzio

The Bottom Line

To sum up, though Axen Broker provides multiple trading platforms and trading assets, its minimum deposit is higher than other brokers. Besides, it is also not regulated and shows limited information about its fees. Traders should be cautious when trading.