Axen Broker

Axen Broker was founded by Axen Capital LTD in 2021 in Mexico. It offers 3 trading platforms: MT5, C-TRADER and Axen Copy-PAMM. Besides, there are various trading assets, including Forex, Metals, Indicies, Cryptocurrencies, Actions, ETFs and Energies. However, it is not regulated by any financial authorities.

Pros and Cons

Is Axen Broker Legit?

Axen Broker's company Axen Capital LTD claims it is authorised and regulated by Moheli Corporate Services Ltd - COMOROS UNION, Mwali International Services Authority and the registration number is T2023261. However, the website of the authority shows no results of the number T2023261.

What Can I Trade on Axen Broker?

Axen Broker provides over 800 trading instruments, including over 100 pairs of forex, metals, indices, cryptocurrencies, actions, ETFs and energies.

Account Type

Axen Broker offers various account types according to different trading platforms.

MT5

C-TRADER

Axen Copy-PAMM

Leverage

The leverage of all accounts of Axen Broker is fixed at 1:100. Traders should be more careful because high leverage always comes with high profits and losses.

Spreads & Commissions

MT5

C-TRADER

Trading Platforms

Customer Service

Axen Broker offers 24/7 customer support. Traders can contact them by phone and email.

The Bottom Line

To sum up, though Axen Broker provides multiple trading platforms and trading assets, its minimum deposit is higher than other brokers. Besides, it is also not regulated and shows limited information about its fees. Traders should be cautious when trading.

FAQs

Is Axen Broker safe?

No, it is not regulated.

Does Axen Broker truly offer commission-free trading?

No, it differs from different account types, ranging from $0 to $20.

What kind of trading platform does Axen Broker offer?

It offers three trading platform: MT5, C-TRADER, Axen Copy-PAMM.