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No Regulation
Score
1.11 /10
Danger
Axmtrading
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index3.89
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
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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Warning: Low score, please stay away!
Previous Detection :
2024-12-24
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Axmtrading Review Summary | |
| Founded | 2024 |
| Registered Country/Region | United Kingdom |
| Regulation | No Regulation |
| Market Instruments | Stocks, Forex Pairs, Commodities, Indices, Cryptocurrencies and NFT |
| Demo Account | ❌ |
| Trading Platform | Axmtrading Trading Platform |
| Leverage | / |
| Minimum Deposit | $0 |
| Customer Service | 24/7 contact form |
Axmtrading Information
Axmtrading is a broker registered in United Kingdom that provides six kinds of trading instruments and six different types of accounts. However, there is no demo accounts available, and the minimum deposit required is relatively high. Most importantly, the broker lacks legal regulatory licenses.
Pros and Cons
| Pros | Cons |
| Multiple Trading Choices | Lack of Legal Regulation |
| Multiple Account Types | No Demo Accounts |
| No Minimum Deposit Requirement | Limited Contact Channels |
Is Axmtrading Legit?
Axmtrading is not subject to any legal regulation. Its domain was registered on March 3, 2024, was last updated on June 2, 2024, and is set to expire on March 3, 2025.
What Can I Trade on Axmtrading?
Axmtrading offers six types of trading instruments.
The following is some specific information about instrument types. For more details, please visit this website: https://axmtrading.com/Forex.html
Forex Pairs: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, etc.
Stocks: Citigroup, Ford, AT&T, Visa, Alcoa, C3.ai Inc, Boeing,etc.
Cryptocurrencies: Cardano, Ape Coin, Aptos, ARB, Axie Infinity, Bitcoin Cash, etc.
Commodities: Natural Gas, Cocoa, Sugar, UK Oil, US oil, Wheat, Coffee, Metal (Copper, Palladium, Platinum, Aluminium, Silver,Gold), etc.
Indices: CAC 40, DAX, Dow Jones, USD Index, Hang Seng, MIB, etc.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| Mutual Funds | ❌ |
| Bonds | ❌ |
| NFT | ✔ |
Account Type
Axmtrading offers six types of accounts: Main, Bronze, Sliver, Gold, Platinum and VIP accounts. However, demo accounts are not available. The minimum deposit for six accounts varies, ranging from $0 to $100,000. But in the FAQs section, it mentions that the minimum deposit is $250, which is quite high in the industry.
| Account Type | Mini Deposit |
| Main | $0-$2,500 |
| Bronze | $2,500-$10,000 |
| Sliver | $10,000-$25,000 |
| Gold | $25,000-$50,000 |
| Platinum | $50,000-$100,000 |
| VIP | $100,000+ |
Trading Platform
Axmtrading only supports trading on its own web-based platform. This platform can monitor all trading activities and offers some small assistance tools, including market observation tools, an economic calendar, market news, and so on. However, its platform is not as reliable and secure as professional platforms like MT4/MT5.
| Trading Platform | Supported | Available Devices |
| MT5 | ❌ | / |
| MT4 | ❌ | / |
| Axmtrading Trading Platform | ✔ | Web |
The Bottom Line
Axmtrading is a broker that offers a variety of trading instruments and multiple account types. However, Axmtrading is not subject to any legal regulation, so you are advised to stay away from it.
FAQs
Is it safe to trade with Axmtrading?
No, trading with GE INVGP is unsafe given the lack of legal regulation.
What is the minimum deposit required by Axmtrading?
The minimum deposit is $250.
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