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Aximtrade -

Score

1.58 /10
Danger

Aximtrade

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Self-developed

Australia Appointed Representative(AR) Revoked

High potential risk

https://aximtrade.net/

Influence

B

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Comparison

Quantity 100

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.08

Risk Management Index0.00

Software Index4.37

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
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Tradesto

Danger

MY SCM
2021-01-01
INVESTOR ALERT LIST
Aximtrade

Broker Information

More

Company Name

AximTrade Pty Limited

Company Abbreviation

Aximtrade

Platform registered country and region

Saint Vincent and the Grenadines

Company website

X

Facebook

Instagram

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 5
Previous Detection : 2025-04-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 80 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

Aximtrade

Australia

WikiFX Verification

Exposure

100 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

pending 2 weeks

same statement. damn funny

2023-10-31 21:21
Scam

Fraudster

Aximtrade has cheated me, didn't give my withdrawal for 4 months.

2024-03-04 03:10
Unable to Withdraw

withdrawal pending for 2 month

I withdrawal from aximtrade account 2133322050 with ID 10103877 from 19/09/2023 not completed .support aximtrade tell me about processing it very long time I think broker will scam for me

2023-11-10 08:18
Unable to Withdraw

More than two months have passed since the withdrawal process.

I have made a withdrawal since February 23, and more than two months have passed since this process, and nothing has arrived for me. Every time I speak to support, they tell me that the withdrawal process has been approved, and we are now waiting for the payment provider. I hope for a solution to this because this broker is a fraud.

2024-01-28 15:39
Unable to Withdraw

My WD hasn't been paid for 4 months

Help me return the money that has been in the WD

2024-03-01 02:16
Scam

Cheating money, withdrawing money not approved

The withdrawal has been reported since 24 August 2023. Currently, no money has been received.

2023-10-23 18:50
Resolved

WITHDRAWAL PENDING

I have been waiting for 12 hours the withdrawal. On system still in review. Normally the withdrawal does not take so much time. then suddenly I found this app to check whether is legit or not

2024-02-03 10:36
Unable to Withdraw

The withdrawal has not been processed and has been pending for about two weeks.

I made a withdrawal about 12 days ago and so far this process is pending. I contacted support and they said that the withdrawal process has been approved. Now I have been waiting for the payment management for about 10 days and I do not know what to do with these people. The operation is supposed to be completed after 24 hours maximum.

2023-12-04 08:01
Others

Server Under Maintenance.?????

Aximtrade bankrupt or what.? can't do anything...

2023-11-08 22:43
Unable to Withdraw

Al-Sanafin Al-Qibliya, Minya Al-Qamh Center, Sharkia Governorate.

The withdrawal was not completed. This process has been on hold for 4 days, and I need to withdraw this money as soon as possible.

2023-11-27 05:11
Unable to Withdraw

my withdraw still pending

withraw request 20/9/2023 and now 22/10/23 still pending,more than one month nothing progress...unacceptable,dont know how to describe this..i need my money back,my children need to go to school!!!!

2023-10-22 00:30
Unable to Withdraw

withdrawal not yet

I withdrawal not yet for very long time . from 19 sep 2024 now today 22 oct 2024 my withdrawal not completed .support aximtrade team tell me about withdrawal due to high volume of request the process may be taking longer and problem about payment gateway for longtime .Can you help me and follow up about withdrawal from aximtrade please thank you

2023-10-22 10:38
Unable to Withdraw

Withdrawal

Cannot transfer money and withdraw money like a bank account

2023-12-09 14:31
Unable to Withdraw

scam broker

i tried to withdraw last month and never got the money back. this month i trying to login, they deleted withdrawal history. stupid broker

2023-11-02 18:20
Unable to Withdraw

Can't withdraw money for more than 90 days

I haven't been able to withdraw money for more than 90 days from Aximtrade. I sent a message to the IDR department to ask if this withdrawal order I'm monitoring is due to the payment gateway, what gateway, but I haven't received the money in more than 3 months.

2023-12-09 21:07
Unable to Withdraw

Unable to withdraw

I made a withdrawal on 12/15/2023. Until today, the money was not released. I canceled the transaction and did it again, but there is nothing new. I contacted support more than 10 times and it says that it approved the request, the delay comes from the payment gateway. I hope for a solution because they do not tell us anything about the delay. This is abnormal.

2024-01-04 13:29
    Sources
    Data Source WikiFX Data provide
    Updated: 2025-04-30
    Aximtrade · Company summary
    AximtradeReview Summary
    Founded2020
    Registered Country/RegionSaint Vincent and the Grenadines
    RegulationUnregulated
    Market InstrumentsForex, Cryptocurrencies, commodities, indices, Metals, Energies
    Demo Account/
    Leverage1:1000 to Unlimited Leverage
    SpreadAs Low as 0.0 Pip (ECN account)
    Trading PlatformMetaTrader4, Mobile App
    Min Deposit$1
    Customer SupportEmail: support@aximtrade.com
    Live Chat
    Company address: 103 566 St Kilda Rd Melbourne VIC 3004

    Aximtrade Information

    Aximtrade is a forex broker established in 2020 and registered in Saint Vincent and the Grenadines. It provides multiple account options, such as Cent, Standard, ECN, and Infinite, with leverage ranging from 1:1000 up to unlimited levels. The broker supports trading on the widely used MetaTrader 4 (MT4) platform.

    Aximtrade Information

    Pros & Cons

    ProsCons
    Multiple tradable productsUnregulated
    MT4 and a Mobile App offeredUnavailable website
    Spread As Low as 0 Pip
    High leverage

    Is Aximtrade Legit?

    No, Aximtrade is not a licensed broker. Its licenses are either revoked or suspected of being a fake clone. In light of this, putting your money on the line would be an inexcusable mistake.

    Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
    		Australia Securities & Investment CommissionRevokedAximTrade Pty LimitedAppointed Representative(AR)001294600
    		Australia Securities & Investment CommissionSuspicious CloneHLK GROUP PTY LTDStraight Through Processing (STP)435746
    Is Aximtrade Legit?
    Is Aximtrade Legit?

    What Can I Trade on Aximtrade?

    Aximtrade provides clients with a wide selection of tradable assets, including forex pairs, precious metals (gold and silver), energy commodities (crude oil and natural gas), global indices (S&P 500 and NASDAQ), cryptocurrencies (Bitcoin and Ethereum), and individual stocks and commodities from global markets.

    Trading AssetAvailable
    forex✔
    cryptocurrencies✔
    commodities✔
    indices✔
    metals✔
    energies✔
    stocks /shares❌
    CFDs❌
    options❌
    funds❌
    ETFs❌

    Account Types

    There are four main kinds of trading accounts available to traders using Aximtrade, which are Cent, Basic, ECN, and Infinite.

    Account TypesMinimum Deposit
    Cent $1
    Basic$1
    ECN$50
    Ifinite/

    Leverage

    The leverage provided by Aximtrade is capped at 1:1000 to Unlimited Leverage.

    Account TypesLeverage
    CentUp to 1:1000 and 1：2000
    BasicUp to 1:1000 and 1：2000
    ECNUp to 1:1000
    InfiniteUnlimited

    Keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

    Spreads

    This broker claims to offer competitive spreads that vary depending on the trading account type. For example, the Cent account and Standard account have floating spreads starting from 1.0 pips, while the ECN account has the tightest spreads, starting from 0 pips, and charges commissions ranging from $3 per lot.

    Trading Platform

    Aximtrade offers its clients two trading platforms: MetaTrader 4 (MT4) and a mobile app. MT4 is a widely recognized platform in the forex industry known for its advanced charting capabilities, technical analysis tools, and customizable interface. However, we couldn't find much information about the Aximtrade Mobile App.

    Trading PlatformSupported Available Devices Suitable for
    MT4✔Desktop, Mobile, WebBeginner
    Aximtrade Mobile App✔Mobile/
    Trading View❌Desktop, Mobile, Tablets, WebBeginner
    MT5❌Desktop, Mobile, WebExperienced trader

    Deposit and Withdrawal

    Aximtrade supports a wide range of payment methods, including bank transfers, credit cards, and e-wallets.

    News

    ExposureAlert: AximTrade 60 Days Pending Withdrawal Status

    AximTrade's 60-day withdrawal delays and a surge of complaints raise concerns in the trading community. Traders facing unresolved withdrawal issues and unexpected server maintenance incidents demand answers about the broker's reliability and transparency.

    WikiFX
    2023-11-10 11:04
    Alert: AximTrade 60 Days Pending Withdrawal Status

    ExposureAximTrade Unexpected Server Maintenance

    Uncover the unsettling implications of AximTrade's unannounced server maintenance and its consequent challenges for traders seeking to access or secure their funds.

    WikiFX
    2023-11-09 14:23
    AximTrade Unexpected Server Maintenance

    ExposureAXIMTRADE Withdrawal Woes: Trader's Funds Held Hostage

    In the realm of online trading, a distressing tale unfolds as an undisclosed trader grapples with AXIMTRADE, bringing to light unresolved withdrawal issues.

    WikiFX
    2023-11-08 17:12
    AXIMTRADE Withdrawal Woes: Trader's Funds Held Hostage

    Activity5 Reasons to Consider Forex Trading During Recession

    While no one knows how long a recession lasts, the financial consequences of making poor trading decisions during the recession can be devastating. Interestingly, there is one market that remains viable even when the stock and crypto markets plummet. Forex trading during recession offers excellent profit opportunities, as it offers income opportunities even during economic downturns. Let's explore!

    WikiFX
    2023-08-24 14:15
    5 Reasons to Consider Forex Trading During Recession
    About More

    User Reviews

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    User comment

    19

    Comments

    Write a review

    Quinlan
    more than one year
    Axim Trade is great for traders looking for a low barrier to entry with their minimum deposit. Plus, their spreads are competitive, making it an attractive option for those seeking cost-effective trading opportunities. Definitely worth checking out!
    Axim Trade is great for traders looking for a low barrier to entry with their minimum deposit. Plus, their spreads are competitive, making it an attractive option for those seeking cost-effective trading opportunities. Definitely worth checking out!
    Translate to English
    2024-07-08 11:32
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    Adrian Yang
    more than one year
    Kelvin Tang doesn't pay the clients money in Singapore and now trying to promote Aximtrade in Japan and China. He is facing several legal cases now.
    Kelvin Tang doesn't pay the clients money in Singapore and now trying to promote Aximtrade in Japan and China. He is facing several legal cases now.
    Translate to English
    2023-12-26 22:17
    Reply
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