In this case, you have to make sure that your strategy is well
suited for the instrument you chose. The MetaTrader 5 platform follows industry-standard security measures, with Secure Sockets Layer (SSL) encryption to protect data exchange between servers. There is also the option of Two-Factor Authentication (2FA) upon login. Traders should check with their payment provider or bank for any intermediary fees. Many times, a trader with an axe will keep that information private. If you desire to find a reliable and openly trusted broker, check our forex brokers list, read our in-depth reviews and choose the most suitable broker.

These are high leverage rates and allow clients to take sizeable positions with small capital outlay. This does, of course, also increase the size of potential losses. A breakdown of margin requirements can be be found on the Axes website.

Customer Support

To conclude, there is no single reason why you would want to use Axes.co services. Besides, their account types and offers are not revealed anywhere, so we practically know nothing what features are available after depositing such a solid amount of money. Today, you will be introduced to Axes.co broker, a scammer with attractive services by first glance. Axes.co review will go through the details and expose the general red flags.

• Axes intend to handle all withdrawals in a single working day.
• Axes claims to offer support in multiple languages and from various locations.
• Axes is regulated by the FSA in St Vincent and the Grenadines.
• Axes hold a permit with the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.
• On the off chance that you are searching for options in contrast to Axes, we have assembled a rundown of the best 5 agents that are like Axes beneath.

As for the payment methods, you can choose between
Crypto, Credit/debit cards, Dash, Neteller, PayPal, Skrill, UnionPay and Wire transfer. The customer support is available via
Callback, Email, Forum, Live chat, Office, Phone, Skype and Web form. Axes offers a decent range of CFD assets on the desktop, web and mobile MT5 platforms. Spreads axes broker are competitive and fast payment options are also available. But unfortunately, customer support and educational resources are seriously lacking, which makes us wary to recommend the broker to readers. Also, the broker isn’t regulated by a reputable onshore agency, which raises concerns about how safe and trustworthy Axes is.

Ready to trade your edge?

You can enroll in a training account from the agent’s landing page. In case you’re unsure about Axes, a test system account is a superb method to attempt before you purchase. Besides lots of currency pair,
Axes also offers some instruments you would like to trade on, such as
Forex, Indexes, Metals, Energies and Crypto for your best choice. Somehow, remember that different instrument
has different trading conditions.

Trade with Axi funds up to $1 million USD

Those relatively new to trading may wish to look elsewhere for a more comprehensive selection of resources. Learn everything you need to know about CFD trading and how it works in this guide. Ultra-competitive pricing and fairer charges, so more of your money is invested in the markets.

What leverage is offered at Axes?

Clients can exchange on the MT5 portable application, implying that exchanges can be executed in a hurry. The practical application gives large numbers of similar highlights as the work area stage, including continuous statements, extensive specialized examination, and monetary news. Brokers additionally advantage from simple access portable highlights including message pop-ups and live visit support. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.

Is Axes a scam?

The convenient app provides many of the same features as the desktop platform, including real-time quotes, comprehensive technical analysis, and financial news. Traders also benefit from easy-access mobile features including push notifications and live chat support. All things considered, customers can exchange CFDs, stocks, records, forex, products, and prospects. Founded in 2018, Axes LLC is based in London and provides a high-quality trading experience to over one million accounts across 153 countries. The broker is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.

Spreads on forex pairs start at 0.8 pips for the EUR/USD, 1.5 pips for the EUR/GBP, and 1.6 pips for the GBP/USD. Spreads are around 1 point for the FTSE 100 and 0.04 for Brent oil. Overall, the broker is around average in terms of trading fees. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiTrader is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances.

Axes are managed by the FSA in St Vincent and the Grenadines. This seaward controller isn’t especially respectable, which raises worries about the wellbeing of the intermediary. The intermediary’s administrative center location is 34 New House, City of London, EC1N 8JY, United Kingdom. Traders can pull out reserves utilizing similar charge-free techniques recorded previously. Remember that a few banks or installment processors may charge their expenses. Axes intend to handle all withdrawals in a single working day.

Traders often use the term “axe” to represent someone’s particular interest in buying or selling a security that is already in their inventory, or hedging against it. The term was historically used to reference bond holdings, but traders have expanded the use to include all securities. In conversation, the term is often used to speculate about a trader’s plan with regard to a security that they hold. An axe (or “axe to grind”) is the interest that a trader shows in buying or selling a security that is typically already on the books. If a trader holds a long position but has short-term concerns, that trader’s axe toward short-term put options may be significant.

For instance, a trader may hold a long position and have an axe toward put options if nervous about the stock’s short-term prospects. Axes profess to offer help in different dialects and from different areas. The live talk include doesn’t work, and the FAQ entryway contains broken or obsolete connections. Customers ought to likewise know about trade charges for the time being positions and a month-to-month latency expense if accounts are unused.