Score

1.38 /10
Danger

AXFXPV

Suspicious Regulatory License

High potential risk

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Quantity 3

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Score

Regulatory Index0.00

Business Index6.02

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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40G

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Broker Information

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Company Name

AXFXPV

Company Abbreviation

AXFXPV

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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AXFXPV · Company summary
AXFXPV Review Summary
Registered Country/Region China
Regulation No Regulation
Market Instruments precious metals, CFDs, index
Demo Account Unavailable
Leverage 1:400 - STP Standard/ECN Premium account
1:100 - VIP Institutional
Spread From 1.8 pips - STP Standard
From 1.0 pip - ECN Premium
From 0.1 pips - VIP Institutional
Trading Platform MetaTrader4
Minimum Deposit $100
Customer Support Phone: 4006069987
Email: admin@axfxpv.com
Address: 07, ground floor, Building 80, CITIC Waterfront City, Huicheng District, Huizhou City, Guangdong Province

What is AXFXPV?

AXFXPV is an unregulated trading platform that offers a variety of financial services to its clients. Based in China, it provides trading opportunities in precious metals, CFDs (Contracts for Difference), and indices. The platform caters to traders of different experience levels by offering multiple account types with varying minimum deposit requirements and leverage options. It utilizes the MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and advanced features.

AXFXPV

Pros & Cons

Pros Cons
  • Wide Range of Trading Instruments
  • No Regulation
  • Multiple Account Types
  • Multiple Customer Support Channels

Pros:

  • Wide Range of Trading Instruments: AXFXPV offers a diverse selection of trading instruments across various asset classes, including precious metals, CFDs, and index.

  • Multiple Account Types: The platform offers diverse account types, including the STP Standard, the ECN Premium, and the VIP Institutional Account, catering to various trading needs and experience levels.

  • Multiple Customer Support Channels: AXFXPV provides various customer support channels including phone, email, and address, enhancing accessibility and assistance for clients.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency.

Is AXFXPV Legit or a Scam?

AXFXPV currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.

No license

Market Instruments

AXFXPV provides a diverse range of trading instruments to cater to the diverse investment needs of its clients. Traders can access a variety of asset classes, including precious metals, CFDs, and indices, offering ample opportunities to diversify their portfolios and capitalize on market movements.

Precious metals such as gold and silver are popular choices for investors seeking safe-haven assets and portfolio diversification. CFDs (Contracts for Difference) enable traders to speculate on the price movements of various financial instruments without owning the underlying assets, offering flexibility and leverage in their trading strategies.

Additionally, indices represent baskets of stocks or other assets, allowing traders to gain exposure to entire markets or specific sectors, making them valuable instruments for both short-term trading and long-term investing.

Market Instruments

Account Types

AXFXPV presents traders with a selection of account types tailored to accommodate varying levels of trading experience and investment capital.

The STP Standard account serves as an entry-level option with a minimum deposit requirement of $100, making it accessible to traders starting with smaller capital. This account type offers straightforward Straight Through Processing (STP) execution, providing traders with competitive pricing and fast order execution.

STP Standard account

For more experienced traders seeking enhanced trading conditions and access to deeper liquidity, the ECN Premium account is available with a minimum deposit of $20,000. With this account, traders can benefit from Electronic Communication Network (ECN) execution, which connects them directly to the interbank market, resulting in tighter spreads and lower trading costs.

ECN Premium account

Lastly, for professional traders and institutional clients, AXFXPV offers the VIP Institutional account, requiring a minimum deposit of $50,000. This account type provides exclusive benefits and personalized support, including dedicated account managers and tailored trading solutions to meet the unique needs of high-volume traders.

VIP Institutional account

How to Open an Account?

The registration page cannot be accessed currently.

Registration page cannot be accessed

Leverage

AXFXPV provides traders with varying levels of maximum leverage across its different account types, catering to the diverse risk preferences and trading styles of its clients.

The STP Standard account and CN Premium account offers a maximum leverage of 1:400, allowing traders to amplify their trading positions and enhance their returns.

For institutional clients seeking more conservative leverage options, the VIP Institutional account offers a maximum leverage of 1:100, prioritizing risk management and capital preservation.

Spreads

AXFXPV offers competitive spreads across its range of account types, ensuring cost-effective trading conditions for its clients.

The STP Standard account features spreads starting from 1.8 pips, providing traders with access to competitive pricing and reliable execution. For those seeking tighter spreads and enhanced trading conditions, the ECN Premium account offers spreads from just 1.0 pip. This account type leverages Electronic Communication Network (ECN) execution, connecting traders directly to the interbank market to access deeper liquidity and lower trading costs.

Additionally, the VIP Institutional account boasts the tightest spreads, starting from an impressive 0.1 pips. Designed for professional traders and institutional clients, this account type offers unparalleled pricing and execution quality, allowing traders to maximize their trading performance.

Trading Platform

AXFXPV provides its clients with the renowned MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and powerful features. With MT4, traders can access a wide range of financial instruments, execute trades efficiently, and analyze market trends with advanced charting tools. The platform offers customizable indicators, automated trading capabilities, and real-time market data, empowering traders to make informed decisions and capitalize on trading opportunities.

MT4

Customer Service

AXFXPV provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Phone: 4006069987

  • Email:admin@axfxpv.com

  • Address: 07, ground floor, Building 80, CITIC Waterfront City, Huicheng District, Huizhou City, Guangdong Province

  • Service time: Monday - Friday 00:00- 24:00

Educational Resources

AXFXPV prioritizes the education and empowerment of its traders by offering a comprehensive range of educational resources.

Through its News & Information section, traders gain access to timely updates, market analysis, and expert insights to stay informed about the latest developments in the financial markets.

News & Information

The Technical Analysis resources equip traders with valuable tools and techniques to analyze price charts, identify trends, and make informed trading decisions based on market patterns.

Technical Analysis

Additionally, the Economic Calendar provides traders with a schedule of upcoming economic events and data releases, enabling them to anticipate market volatility and adjust their trading strategies accordingly.

Economic Calendar

Conclusion

In conclusion, AXFXPV offers an extensive range of trading instruments, various account types, a high maximum leverage, MT4 trading platform, and a wide range of educational resources, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.

Frequently Asked Questions (FAQs)

Question 1: Is AXFXPV regulated?
Answer 1: No. It has been verified that this broker currently has no valid regulation.
Question 2: At AXFXPV, are there any regional restrictions for traders?
Answer 2: Yes. AXFXPV is not available for specific countries such as the United States, Israel, and Iran.
Question 3: What is the minimum deposit for AXFXPV?
Answer 3: The minimum initial deposit to open an account is $100.
Question 4: Does AXFXPV offer industry-leading MT4 & MT5?
Answer 4: Yes. It offers MT4.
Question 5: Is AXFXPV a good broker for beginners?
Answer 5: No. It is not a good choice for beginners because of its unregulated condition.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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