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

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/?language=en

Website

Rating Index

Influence

Influence

B

Influence index NO.1

Turkey 4.93
Surpassed 15.80% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

support@aximtrade.com
https://aximtrade.net/?language=en
103 566 St Kilda Rd Melbourne VIC 3004
https://www.facebook.com/AximTrade
The WikiFX Score of this broker is reduced because of too many complaints!
Keywords 5
5-10 years
Suspicious Regulatory License
Self-developed
Australia Appointed Representative(AR) Revoked
High potential risk
Warning: Low score, please stay away!
2025-04-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
5

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
AximTrade Pty Limited
Abbreviation
Aximtrade
Company employee
--
Customer Service Email Address
support@aximtrade.com
Company address
103 566 St Kilda Rd Melbourne VIC 3004

Dodi8224

Indonesia

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

Exposure

2024-03-04

Dodi8224

Indonesia

Help me return the money that has been in the WD

Exposure

2024-03-01

Adsyraf

Malaysia

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

Exposure

2024-02-03

FX1316447467

Egypt

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.

Exposure

2024-01-28

Abdalla7438

Egypt

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.

Exposure

2024-01-04

tài6845

Vietnam

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.

Exposure

2023-12-09

Loem#7543

Thailand

Cannot transfer money and withdraw money like a bank account

Exposure

2023-12-09

FX1316447467

Egypt

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.

Exposure

2023-12-04

FX1316447467

Egypt

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.

Exposure

2023-11-27

โบ้5045

Thailand

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

Exposure

2023-11-10

lan3933

Malaysia

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

Exposure

2023-11-08

FX4090547100

Indonesia

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

Exposure

2023-11-02

afxqlaa

Malaysia

same statement. damn funny

Exposure

2023-10-31

นัน4857

Thailand

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

Exposure

2023-10-23

โบ้5045

Thailand

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

Exposure

2023-10-22

alif3348

Malaysia

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!!!!

Exposure

2023-10-22

Amir8724

Egypt

I cannot withdraw for more than a month. I contacted customer service and was still unable to withdraw.

Exposure

2023-10-20

Vanr

Malaysia

Has Been One Month I Withdrawed My 22$ At September 17 And Still Has Not Credited To My Bank Account And It's October 16 And They Give Excuse The Same Excuse Everytime I Ask Them, It's All About Their Payment Gateway Provider Feedback Haven't Received And They Have Their Internal Process And Bla Bla. See For Your Self

Exposure

2023-10-16

Rastapaduka

Malaysia

I just kept quiet even though I was lied to, that's the kind of person I am... I can only cry! [d83d][de2d][d83d][de2d][d83d][de2d]

Exposure

2023-10-15

โบ้5045

Thailand

Withdraw money, still haven't received it since 19/09/2023.

Exposure

2023-10-13

106
Account
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Website

  • aximtradeindonesia.com

    Server Location

    United States

    Website Domain Name

    aximtradeindonesia.com

    Server IP

    104.21.72.194

  • aximtrade.biz

  • aximtrades.com

Genealogy

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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
MT4Desktop, Mobile, WebBeginner
Aximtrade Mobile AppMobile/
Trading ViewDesktop, Mobile, Tablets, WebBeginner
MT5Desktop, Mobile, WebExperienced trader

Deposit and Withdrawal

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

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Self-developed
  • Australia Appointed Representative(AR) Revoked
  • High potential risk

News

Alert: AximTrade 60 Days Pending Withdrawal Status

Exposure Alert: 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.

2023-11-10 11:04

AximTrade Unexpected Server Maintenance

Exposure AximTrade 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.

2023-11-09 14:23

AXIMTRADE Withdrawal Woes: Trader's Funds Held Hostage

Exposure AXIMTRADE 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.

2023-11-08 17:12

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2023-08-21 14:15

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