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Seychelles
1-2 yearsRegulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
Add brokers
Comparison
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Exposure
Score
Regulatory Index3.92
Business Index5.14
Risk Management Index8.22
Software Index4.00
License Index3.92
Single Core
1G
40G
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Company Name
Little Black Diamond Ltd
Company Abbreviation
Axon Markets
Platform registered country and region
Seychelles
Company website
X
Company summary
Pyramid scheme complaint
Expose
Axon MarketsReview Summary | |
Founded | 2022 |
Registered Country/Region | Seychelles |
Regulation | FSA (offshore) |
Market Instruments | Forex, stocks, cryptos, spot metals, commodities, indices |
Demo Account | / |
Leverage | Up to 1:2000 |
Spread | From 1.5 pips (Standard account) |
Trading Platform | MT5 |
Social Trading | ✅ |
Min Deposit | 10 USD/JPY |
Customer Support | Live chat, contact form |
Tel: +248 4224183 (Monday to Friday: 07:00 – 24:00 GMT+8) | |
Email: info@axonmarkets.com; support@axonmarkets.com; feedback@axonmarkets.com | |
Regional Restrictions | The United States, Afghanistan, Belarus, Burma, Central African Republic, Congo, Cuba, Guinea, Iran, Libya, Mauritius, North Korea, Somalia, Syria, Venezuela, and Zimbabwe |
Axon Markets was registered in 2022 in Seychelles. It focuses on the forex, stocks, cryptos, spot metals, indices, and commodities markets, and uses MT5 as its trading platform. The minimum deposit is as low as 10 USD/JPY, but the leverage can be up to 1:2000. Besides, this company is offshore regulated, and please be aware of the risks.
Pros | Cons |
Diverse tradable assets | Offshore regulation risks |
Islamic accounts | Regional restrictions |
Low minimum deposit | |
MT5 provided | |
Social trading provided | |
Popular payment options | |
No fees for deposits and withdrawals | |
Various channels for customer support |
Axon Markets is offshore regulated by the Seychelles Financial Services Authority (FSA), and potential risks should be noted.
Regulated Authority | Current Status | Regulated Country | License Type | License No. |
The Seychelles Financial Services Authority (FSA) | Offshore Regulated | Seychelles | Retail Forex License | SD115 |
Axon Markets provides 6 types of products, including forex, spot metals, commodities, indices, stocks, and cryptos.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Spot Metals | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptos | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Axon Markets offers 4 types of accounts, including Standard Account, Prime Account, Raw Spread Account, and LeveragePlus Account. Besides, an Islamic Account is also available.
Account Type | Min Deposit | Max Leverage | Spread | Commission |
Standard | 50 USD/JPY | 1:500 | From 1.5 pips | ❌ |
Prime | 1,000 USD/JPY | From 0.6 pips | ||
Raw Spread | 500 USD/JPY | From 0 pips | $3 / lot | |
LeveragePlus | 10 USD/JPY | 1:2000 | From 1.8 pips | ❌ |
For the LeveragePlus Account, the leverage can be up to 1:2000, and for other types of accounts, the leverage can be up to 1:500. Please be aware of the potential risks brought by high leverage.
Axon Markets uses MT5 as its trading platform.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | PC, web, mobile | Experienced traders |
MT4 | ❌ | / | Beginners |
Axon Markets provides a platform for social trading. On this platform, traders can share their trading experiences.
Payment Options | Min Deposit/ Withdrawal | Accepted Currencies | Deposit/Withdrawal Fees | Deposit Time | Withdrawal Time |
Direct Bank Wire | $10 | USD | ❌ | Up to 3 business days | Up to 3 business days |
Credit Card (Visa/Master) | USD, JPY | Instant | Within 48 hours | ||
Local Bank Transfer | Multiple local currencies | ||||
Skrill/Neteller | USD, JPY | ||||
Perfect Money/AstroPay | |||||
Tether/Bitcoin | Major cryptos |
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