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/10

AXAFOREX

Marshall Islands Marshall Islands | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

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Website

Rating Index

Contact

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Capitol Building, Capitol Loop Delap-Uliga-Djarrit, Majuro Atoll Marshall Islands AXINVEST GROUP LLC 732167-NX, P.O. box 2717

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Marshall Islands
Operating Period
2-5 years
Company Name
AXAFOREX.com
Email
support@axaforex.com
Company Website
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Address
Capitol Building, Capitol Loop Delap-Uliga-Djarrit, Majuro Atoll Marshall Islands AXINVEST GROUP LLC 732167-NX, P.O. box 2717
Account Info
Verified Site
About Us
Disclosure
Wiki Q&A
Comment

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Official Website

Verified Site

  • axaforex.com
    172.67.211.9
    Server Location
    United States United States
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
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    Website Name
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    Company
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Company Profile

Company Profile

Review summary

AXAFOREX Review Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationNo Regulation
Market InstrumentsForex, Commodities, Indices, Cryptocurrencies, Stocks, and Binary options
Demo Account
LeverageUp to 1:1000
Spread0.00002
Trading PlatformsWeb Trading, Desktop Platform, Mobile Platform
Minimum Deposit$5
Bonus
Customer SupportContact form
Phone: +447723399001 (WhatsApp)
Email: support@axaforex.com
Address: Capitol Building, Capitol Loop Delap-Uliga-Djarrit, Majuro Atoll Marshall Islands, AXINVEST GROUP LLC 732167-NX, P.O. box 2717

AXAFOREX is an unregulated financial firm founded in 2021 and registered in the United Kingdom. It offers various market instruments including Forex, Commodities, Indices, Cryptocurrencies, Stocks, and Binary options. The firm provides three account types (mini, standard, partner) with a low minimum deposit of $5. Trading with AXAFOREX is available through Web, Desktop, and Mobile platforms.

AXAFOREX's homepage

Pros and Cons

ProsCons
Demo accounts availableNo regulation
A wide range of productsHigh leverage risks
Diverse account typesMT4 & MT5 unavailable
Multiple customer support channels
Low minimum deposit

Is AXAFOREX Legit?

No license

At present, AXAFOREX lacks valid regulation. Its domain was registered on July 5, 2021, and the current status is “active”. You can try it but still need to pay attention to the safety of your funds.

Domain information

What Can I Trade on AXAFOREX?

On AXAFOREX, you can trade with Forex, Commodities, Indices, Cryptocurrencies, Stocks, and Binary options.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Binary options
Bonds
Options
ETFs
Mutual Funds
What Can I Trade on AXAFOREX?

Account Type

AXAFOREX provides three types of accounts: the Mini, the Standard, and the Partner account.

Account TypeMini AccountStandard AccountPartner Account
Minimum Deposit5/deposit2,000/deposit$1,500/client
Invest Bonus120%/
Crypto Bonus20%30%/
Account comparison

Leverage

The maximum leverage is up to 1:1000, which means that for every unit of your own capital, you have the potential to control up to 1000 units in the market. Be aware that this can significantly amplify both profits and losses.

Spreads and Commissions

AXAFOREX offers competitive spread as low as 0.00002 pips. Moreover, it does not charge any commissions.

FeatureMini AccountStandard AccountPartner Account
SpreadFrom 0.00002 pipsFrom 0.00002 pips/
Commission/

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
AXAFOREX platformWeb, desktop, mobile/
MT4/Beginners
MT5/Experienced traders
AXAFOREX platform

Bonus & Promotion

Bonus/PromotionDetailKey Features
Crypto BonusUp to 30% cryptocurrency bonus for deposits made with cryptocurrencies- Additional $10,000 for trading
- Funds without restrictions
- Bonus participates in drawdown
- Reserve investment asset
- Ability to open additional orders
- Protection from accidental Stop-out
Active Trader ProgramTailored for high-volume currency traders- Up to 30% reduced trading costs via cash rebates
- One-on-one support from a Market Strategist
- Reimbursement of crypto miner fees or Debit/Credit card transfers
- Qualify with a $1,000 minimum deposit or $5M monthly trade volume
Article Bonus$10 no-deposit bonus per unique article on forex, trading, or investing- Unlimited bonuses per published article
- No limit on the number of articles
- Simple profit withdrawal conditions
- No account verification required
Free Forex VPSFree Virtual Private Server for standard account active traders- Close to trading server

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How is the fund security of AXAFOREX evaluated?

AXAFOREX operates without any form of verified mainstream financial regulation, and its WikiFX score of 1.37 reflects a profile of significant concern regarding fund security. As an entity registered in the Marshall Islands with no valid forex trading licenses, it offers no formal investor compensation schemes or segregated account protections that are standard with regulated brokers.

04-02
United States

What regulatory licenses does AXAFOREX hold?

AXAFOREX does not hold any verified regulatory licenses from recognized financial authorities such as the FCA, ASIC, or CySEC. According to WikiFX data, its license list is empty, confirming it operates as an unregulated entity with no credible oversight mechanism for client fund protection.

04-02
United States

When was AXAFOREX established?

AXAFOREX, operating as AXAFOREX.com, was established in the Marshall Islands and has an operational history of 2-5 years. It offers two main account types, a MINI account with a minimum deposit of 5 USD and a STANDARD account requiring 2,000 USD, both providing high leverage up to 1:1000 on a wide array of instruments including forex, stocks, ETFs, and cryptocurrencies.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States
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