AXFX

Note: AXFX's official website: https://axfxpv.com/ is currently inaccessible normally.

Founded in 2022, AXFX is a brokerage firm based in Australia. It offers forex, precious metals, CFDs, and stock index trading with leverage up to 1:400 and spread from 1.8 pips on the STP Standard account. Demo accounts are available via the leading MT4 platform. However, the official website is currently inaccessible and the regulatory status is revoked.

Pros and Cons

Is AXFX Legit?

Regulated Country	Regulator	Regulated Entity	Status	License Type	License No.
	Australia Securities & Investment Commission (ASIC)	AXFXPV PTY LTD	Revoked	Appointed Representative (AR)	1287576

What Can I Trade on AXFX?

Account Type

AXFX offers three kinds of live accounts: STP Standard, ECN Advanced, and VIP Institutional with the minimum deposits of $100, $20,000 and $50,000 respectively.

Leverage

It is important to 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.

Spread

AXFX provides the STP Standard account spreads starting from 1.8 pips. In contrast, the ECN Advanced account offers tighter spreads from 1.0 pips. The VIP Institutional account starts from 0.1 pips.

Trading Platform