Score

1.99 /10
Danger

AxeCap

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index3.34

Business Index6.79

Risk Management Index2.76

Software Index4.57

License Index2.69

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

AxeCap Limited

Company Abbreviation

AxeCap

Platform registered country and region

Belize

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-08-09
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

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AxeCap · Company summary
AxeCap Review Summary
Founded2013
Registered Country/RegionBelize
RegulationNo regulation
Market InstrumentsForex, commodities, stocks, indices, and cryptocurrencies
Demo Account
LeverageUp to 1:500
SpreadTypical 2.0 pips (Standard account)
Trading PlatformMetaTrader 4 (MT4), Mobile Trading
Minimum Deposit$1,000
Customer SupportEmail: support@AxeCap.co
Address: New Horizon Building, Ground Floor, 3 1/2 Miles Philip S.W. Golden Highway, Belize City, Belize

AxeCap Information

AxeCap was established in 2013 and is based in Belize. It offers a wide range of trading instruments, including forex, commodities, stocks, indices, and cryptocurrencies with leverage up to 1:500 on the MT4 platform. However, it is unregulated and requires a relatively high minimum deposit of $1,000.

AxeCap's homepage

Pros and Cons

ProsCons
Various trading instrumentsNo regulation
Demo accounts availableHigh minimum desposit ($1,000)
MT4 platformWide spreads
No direct contact channel

Is AxeCap Legit?

AxeCap is unregulated. Please be aware of the risk!

No license

Its domain axecap.com was registered on January 30, 2013, and will expire on January 30, 2026.

Domain information

What Can I Trade on AxeCap?

AxeCap offers a total of five trading products: forex, commodities, stocks, indices, and cryptocurrencies.

Tradable InstrumentsSupported
Forex
Commodities
Stocks
Indices
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on AxeCap?

Account Type

AxeCap offers three account types: Standard, Premium, and Platinum.

Account TypeMinimum DepositMaximum LeverageTypical SpreadSwap Charges
Standard$1,0001:5002.0 pips
Premium$10,0001.8 pips
Platinum$25,0001.5 pips
Account comparison

Leverage

AxeCap offers a maximum leverage of 1:500 across all three account types. Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.

Trading Platform

AxeCap supports two trading platforms: MetaTrader 4 (MT4) and Mobile Trading.

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4Windows, macOS, iOS, AndroidBeginners
Mobile TradingiOS, Android/
MetaTrader 5/Experienced traders
Trading Platform

Deposit and Withdrawal

The minimum deposit at AxeCap is $1,000. The platform supports a variety of instant deposit and withdrawal methods, including:

  • Local payment methods: EeziePay (supports IDR, MYR, THB, INR), 9Pay (VND), PayBNB (VND), DirectPay (MYR), 5Pay (MYR), HWGC (HWGC), M2P (USD)
  • Cryptocurrencies: BTC (Segwit and Native), ETH, USDT (TRC20 and ERC20)
  • Bank cards: Visa, Mastercard, JCB (VND)

Some methods incur deposit or withdrawal fees, such as USDT with a 1% + TRC20 $10.00 fee, and Visa/Mastercard/JCB with a 4% fee.

Deposit and Withdrawal

News

NewsAn Investor Complained About Difficulty Withdrawing the Balance in AXECAP and Equinox Markets

Recently, Many platforms received a complaint from a user that he was experiencing difficulties withdrawing funds from AXECAP and Equinox Markets.

WikiFX
2023-01-10 15:08
An Investor Complained About Difficulty Withdrawing the Balance in AXECAP and Equinox Markets

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FX1305678689
more than one year
As a company without a regulatory license, AxeCap actually requires a minimum deposit of $1,000. And I didn't expect that someone actually made a deposit here. Hope the victims can recover their funds as soon as possible.
As a company without a regulatory license, AxeCap actually requires a minimum deposit of $1,000. And I didn't expect that someone actually made a deposit here. Hope the victims can recover their funds as soon as possible.
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2023-03-02 17:16
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