Broker Name: Axe Market
Broker Type: Forex & CFDs
Operating since year: 2022
Address: Eruditan limited, 2 Frederick Street Kings Cross , London, UK.
Broker status: Active
The Trading platforms: Proprietary
Trading platform Time zone: GMT+00:00
Demo account: Yes
Mobile trading: No
Web-based trading: Yes
Other trading instruments: Yes
Minimum deposit: $250
Maximal leverage: 1:400
Scalping allowed: Yes
AxeMarket Review: Brokerage firm you can trust
In order to provide a user-friendly and intuitive interface that is suited for both beginners and experts, the AxeMarket trading platform makes use of cutting-edge software technology, security measures, and a variety of practical trading tools. Briefly, new users can take advantage of a simple registration process and an easy-to-use “Explore Markets Room” that includes the most well-liked virtual financial instruments. For experienced traders, there are a number of retracement techniques, strength indices, and indicators that can aid in their exploration of technical market analysis and help them become true specialists.
Customers can make use of a big selection of crypto assets to trade by opting to deal with AxeMarket. Depending on the state of the market, they can decide which one is best for them. For cryptocurrency traders, this is crucial, especially while the argument over which coin will prevail continues. Due to the platform’s availability of 5 accounts, the brand also guarantees low trading costs for all consumers.
Sign Up for AxeMarket
It’s easy to sign up for a trading account with this broker according to our AxeMarket review, and you can do it from a laptop or mobile device. All types of traders can make a minimum deposit, and our AxeMarket review team was pleased to see that the broker does not want any unforeseen documentation.
Our professional team signed up for AxeMarket and started a fresh trading account in order to write a thorough and trustworthy assessment. The process, which was far speedier than many rivals, took about 5 minutes when you count the downloads and the email confirmation. Because the entire registration procedure is digitalized, you don’t have to bother about mailing any paperwork to the broker. Simply follow the instructions below to create an AxeMarket account.
- Select the “Get Started” button in the top-right corner of the AxeMarket site.
- Include your name, email address, country of residence, chosen language, and phone number in your personal information.
- Choose the AxeMarket entity you want to deal with and the trading platform you want to use.
- Give the broker your birthdate and address. Determine your base currency, leverage, and whether you are a US citizen for tax purposes.
- Describe your employment situation, your financial situation, your trading objectives, and your trading history.
- Choose the “open account” option after creating a password and accepting the terms and conditions.
Registration Procedure with Axe Market
Although the registration procedure is simple and quick, there are a few things you should be aware of before starting. Additionally, you must validate your email address and account by providing supporting evidence before you may begin trading.
You will have access to a demo trading account via AxeMarket, just like many other well-known Forex brokers throughout the world. This account can be the ideal method for you to start trading Forex if you are a complete beginner. You can trade Forex using a demo trading account without putting any of your actual money at risk.
Every kind of trader in the globe can find services at this brokerage firm according to our AxeMarket review. For individuals who adhere to the Quran’s teachings, it has introduced an Islamic account. As you may already be aware, Sharia law prohibits Islamic persons from paying or receiving interest. An Islamic account enables those who want to trade Forex in a way that respects their values to do so. This trading account is halal. It is frequently known as a Swap-Free account because those who use it do not have to pay or receive any swaps.
Standard Account types
The greatest choice for a beginner who is just starting out is a bronze account. The next step up, the Exclusive account, which is designed for professional or institutional traders.
All traders, not just those that use AxeMarket, depend on the Silver Account account type. It is both the most frequent and a favorite. Most brokers are rated based on the support they offer for Silver accounts.
Next on the list and the most popular among traders is the Gold account. Each Gold account—including Daily Analysis, Premium Customer Account, and Trading Central Analysis—has particular advantages and trading standards.
VIP account types
Daily Analysis, Premium Customer Accounts, and Trading Central Analysis are all part of premium accounts; each has unique benefits and trading criteria. Premium Accounts are also available. The minimal down payment is $100,000.
Platinum Account – The Platinum Account includes Daily Analysis, Premium Customer Account, and Trading Central Analysis. It contains unique features and trading standards. Payment Methods
Let’s talk about funding your account, which is the next logical step after deciding to open an account. You can also select a demo account to learn more.
Next, let’s discuss the platforms you can utilize to add money to your account or withdraw funds from it. Given that traders can use conventional payment methods; we can conclude from our AxeMarket review that the broker is providing a respectable service.
AxeMarket provides a huge selection of trading tools. Alongside spot metals, one can find major, minor, and uncommon currency pairs. It’s important to point out that one can begin trading gold and silver using the platform, which has a custom design and is very flexible and user-friendly. In addition, the broker provides CFDs on more than 110 significant business equities. As the broker is quite creative, it goes without saying that commodities and indices are also one of the trading assets the company offers.
More than 130 assets are available to traders through AxeMarket, which takes delight in this. This comprises stocks, indices, metals, commodities, forex, stocks, and cryptocurrencies. AxeMarket offers more than 40 currency pairs, including the GBP, EUR, USD, and others. For Forex traders, there are no deposit commissions, and you can utilize cross-platform trading programs.
For those who are unfamiliar with the precise definition of a trading platform, it is a device utilized by broker platforms to enable customer trading operations. A user can review and use some analytical tools, price movement, and graphics, as well as design the trading strategy while taking the data into consideration, all by just clicking on the gadget.
Webtrader is a very well-liked trading platform among both customers and brokers because it’s easy to use and supports the same set of capabilities and activities as MT4. Because WebTrader is a very user-friendly and intuitive platform, despite the fact that some users might find it a little frustrating that their preferred platform isn’t included in the list of platforms supplied, AxeMarket is able to maintain a good grade. Because AxeMarket just offers one platform, some people would assume that a scam is going on. However, this is simply untrue because the broker is regarded as being highly dependable.
The ability to respond quickly is one of the most crucial factors in the forex market. You must move swiftly since market conditions change very quickly. However, what is even more crucial is that you have quick response time in case something goes wrong with your platform. The Forex broker must possess the same capability. Thankfully, the customer care provided by AxeMarket Forex broker operates pretty effectively, responding to your inquiries fairly immediately. The other kinds of support systems operate similarly. Despite being slower than that live call system, email functions nicely.
- Phone: +442045773976
AxeMarket Review: Final Thoughts
We find Axemarket.com to be really slick and contemporary. It doesn’t rely too heavily on useless visual flourishes and instead emphasizes the utility. Users may quickly traverse the website and get any type of information they’re looking for by doing this.
Additionally, the UI provides some really helpful features and techniques that advance trading. You may find this investment selection tool, for instance, right on the first page, which can assist you in determining which security is better for your needs. Every level on the scale—Low Risk, Moderate, Balanced, Growth, and High Risk—gives you the percentage of each security based on its level of risk.
Finally, we can state with certainty that AxeMarket is authentic. They give a highly trustworthy service that many customers throughout the world consider to be a very positive experience, and they do not display any scam-like characteristics.
In conclusion, AxeMarket is a very reputable forex brokerage with features prepared to meet the demands of everybody, whether they are novice or experienced traders. Their trading features are generous or meet the requirements set by the present market. There is limited compensation for inactivity, or lack thereof, for deposits and withdrawals, and no needless overhead.