With its headquarters in the United Kingdom, Axes is a multiple awards winning broker. They provide traders with various trading conditions to ensure unhindered access to the global financial markets. Their traders are provided with the MT5 platforms for trading several financial assets across six asset classes: forex, futures, indices, shares, metals, and energies. The minimum deposit required to start trading is $500, while leverage of up to 1:500 is available. No commission is charged on trades.
Axes Review Introduction
In this Axes review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Axes.
Axes Platforms & Tools
Axes clients can trade various financial assets using the MT5 trading platform. The platform is one of the most popular trading platforms among forex and CFD traders. It was launched in 2010, and it comes loaded with various trading tools and advanced functionalities, including over 21 timeframes, expert advisors, MQL5 programming language, and more. In addition, the broker makes the MT5 trading platform available in desktop, web, and mobile versions.
Apart from the built-in tools of the MT5 trading platform, traders are provided with some helpful trading tools, including Economic Calendar, Calculators, VPS, Trading Central, Earnings Calendar, and more.
Axes Research & Education
The broker’s website is replete with several educational resources, which are designed to help traders make knowledgeable trading decisions. Some of these learning resources are fundamental analysis, technical analysis, video tutorials, webinars & events, trading basics, and news that keeps traders in the know of the latest events that take place in the financial markets.
Axes Trading Accounts
Traders are allowed to open a single live trading account to start trading. A demo is available to help traders familiarize themselves with the broker’s trading platform before opening a live trading account.
Axes Account Funding
The broker accepts the following payment methods for both account deposits and withdrawals: bank wire transfers and credit/debit cards.
The time taken to process transactions is dependent on the payment method in use.
Axes Customer Service
All trading inquiries are sent to a knowledgeable client support team who are available 24/5 and can be reached through the following contact channels: Live Chat, call back form, telephone, and social media.
Axes LLC is Permitted by the FSA of Saint Vincent to act as a financial and monetary intermediary in the conduct of financial and monetary brokerage business for the sale and purchase of currencies and intermediating in money market transactions as permitted under granted company number (338 LLC 2020) (as amended) and to carry out specific categories of financial investment business as approved under FSA Resolution Number 1996/35.
Axes are also regulated by the International Financial Market Relations Regulation Centre (IFMRRC).
Axes Review Summary
Founded in 2018, Axes is a regulated online retail broker. They provide traders with the MT5 trading platform, which is available in various versions, to ensure seamless trading of multiple financial markets. In addition, their traders have access to a selection of trading and learning tools, while a responsive customer support team is available to assist them. The minimum deposit required to start trading is $500, while leverage of up to 1:500 is available.
It is worth mentioning that some of the trading products and services in this Axes review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Axes broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. It would be best if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.