AxeCap-Overview of Minimum Deposit, Leverage, Spreads
Abstract： 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 Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Belize |
| Regulation | No regulation |
| Market Instruments | Forex, commodities, stocks, indices, and cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | Typical 2.0 pips (Standard account) |
| Trading Platform | MetaTrader 4 (MT4), Mobile Trading |
| Minimum Deposit | $1,000 |
| Customer Support | Email: 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.
Pros and Cons
| Pros | Cons |
| Various trading instruments | No regulation |
| Demo accounts available | High minimum desposit ($1,000) |
| MT4 platform | Wide spreads |
| No direct contact channel |
Is AxeCap Legit?
AxeCap is unregulated. Please be aware of the risk!
Its domain axecap.com was registered on January 30, 2013, and will expire on January 30, 2026.
What Can I Trade on AxeCap?
AxeCap offers a total of five trading products: forex, commodities, stocks, indices, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
AxeCap offers three account types: Standard, Premium, and Platinum.
| Account Type | Minimum Deposit | Maximum Leverage | Typical Spread | Swap Charges |
| Standard | $1,000 | 1:500 | 2.0 pips | ✔ |
| Premium | $10,000 | 1.8 pips | ||
| Platinum | $25,000 | 1.5 pips |
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 Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 | ✔ | Windows, macOS, iOS, Android | Beginners |
| Mobile Trading | ✔ | iOS, Android | / |
| MetaTrader 5 | ❌ | / | Experienced traders |
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.
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