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AximTrade.com

In this company review article, we delve into the operations of AximTrade.com, a forex brokerage firm that has been making waves in the financial industry since its establishment in 2020. Based in Melbourne, Australia, AximTrade is known for its competitive trading conditions and versatile platform. AximTrade operates on the highly regarded MT4 forex trading platform, offering over 30 forex currency pairs, equity, gold, and silver for personal investment and trading. This wide range of options provides traders with the flexibility to diversify their portfolio and hedge against market volatility. The firm stands out for its low barrier to entry, with a minimum trade size of 0.01 and a minimum opening balance of just $1. It also offers a maximum leverage of 3000:1, which can potentially amplify traders' profits, but also their losses. AximTrade is regulated by several financial authorities, including ASIC, FSPR, SVGFSA, and BVI FSC, which adds a layer of security for its clients. The firm also offers a variety of deposit and withdrawal methods, including bank wire, VISA, FasaPay, Local Bank Transfers, Neteller, and Skrill, among others. Additionally, AximTrade supports web and mobile trading, and allows the use of EAs/Robots, news trading, and scalping. It also offers copy trading, which is a popular feature among novice traders who wish to learn from experienced traders. Despite its relatively short time in the market, AximTrade has managed to carve a niche for itself in the competitive forex brokerage industry. However, as with any investment, potential traders should do their due diligence before diving in.

Review AximTrade.com

AximTrade, a forex broker established in 2020, has quickly made a name for itself in the online trading industry. Known for its use of the MT4 platform, AximTrade offers a variety of trading options, including over 30 forex currency pairs, equity, gold, and silver. This AximTrade review aims to provide an impartial look at the broker's features and services.

Trading Platform and Options

AximTrade utilizes the popular MT4 platform for forex trading. This platform is renowned for its easy-to-use interface, advanced charting capabilities, and a vast range of technical indicators. With AximTrade, traders can access over 30 forex currency pairs, equity, gold, and silver, providing a diverse range of trading options.

Trading Conditions

The broker offers a minimum trade size of 0.01, making it accessible for beginners and those with smaller trading accounts. AximTrade also offers a maximum leverage of 3000:1, which can enhance potential profits but also comes with increased risk. The broker supports various trading strategies, including EAs/Robots, news trading, and scalping.

Account Opening and Deposits

Opening a live trading account with AximTrade is straightforward, with a minimum deposit requirement of just $1. The broker offers a multitude of deposit methods, including Bank Wire, VISA, Alipay, FasaPay, Local Bank Deposits, and more.

Withdrawals

AximTrade provides multiple withdrawal methods, including Bank Wire, VISA, FasaPay, Local Bank Transfers, Neteller, and Skrill. The withdrawal process is generally smooth, but the timeframe can vary depending on the method used.

Regulation and Safety

AximTrade is regulated by several authorities, including ASIC, FSPR, SVGFSA, and BVI FSC. This regulation helps ensure the broker operates within strict guidelines and offers a secure trading environment.

Customer Support

AximTrade's customer support can be reached via email at support@aximtrade.com. The broker's headquarters is located at 103 566 St Kilda Rd Melbourne VIC 3002, Australia.

Pros and Cons

Pros:

  • Low minimum deposit requirement
  • Diverse range of trading options
  • Regulated by multiple authorities
  • Supports various trading strategies

Cons:

  • Relatively new in the market
  • High maximum leverage can increase risk

Is AximTrade a Scam?

Based on the available information, AximTrade operates under multiple regulatory bodies, which adds credibility. However, as with any online trading platform, it's essential for traders to conduct their own due diligence.

Safety Check

As a regulated broker, AximTrade should provide a safe trading environment. However, the high maximum leverage offered can pose a significant risk if not managed properly.

FAQs

Q: What is the minimum deposit for AximTrade?

A: The minimum deposit to open a live trading account with AximTrade is $1.

Q: Which trading platform does AximTrade use?

A: AximTrade uses the MT4 trading platform.

Q: Is AximTrade a regulated broker?

A: Yes, AximTrade is regulated by ASIC, FSPR, SVGFSA, and BVI FSC.

Q: What trading options does AximTrade offer?

A: AximTrade offers over 30 forex currency pairs, equity, gold, and silver.

This review is an independent analysis of AximTrade. For more information and to share your experience with AximTrade, please visit forexroboteasy.com.

AximTrade: Forex Trading with MT4 Platform & Diverse Options

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1 review

12 months ago

Unveiling AximTrade.com: A Profit-Stealing Broker Scam

There's a chilling narrative circulating the online trading community, and it centers around AximTrade.com, a broker that I've come to know as nothing more than a cunning scammer. After having personally delved into this treacherous ordeal, I feel it is my duty to alert fellow traders about my experience. Like many before me, I opened an account with AximTrade, eager to see my investment grow. Little did I know, the lure of potential profits was to be overshadowed by a scheme designed to strip me of my hard-earned money. What initially appeared as a promising venture swiftly morphed into a nightmarish encounter. All was going well initially; trades were placed, profits were reaped. But as I began accumulating substantial profits, AximTrade pulled a move that would outrage any dedicated and honest trader. With no concrete evidence, I was accused of accessing other accounts, a claim I found completely baseless and ludicrous. This accusation served as a pretext to nullify my closed trades and, effectively, eradicate my profit. The ironies are glaring; while I was being penalized for supposedly unethical trading behavior, AximTrade turned a blind eye to the plight of their other clients, some of whom had lost significant amounts trading under their watch. These accounts, suspiciously, escaped AximTrade's radar, further confirming my belief that this broker's modus operandi is to target those making a profit. I was not engaging in hedging, high-frequency trading or other questionable activities typically deemed unlawful for retail traders. I was, instead, relying upon my trading skills, using my own money as stakes, and doing all within the legal framework of trading. Yet, AximTrade's twisted agenda rendered my fair play redundant. Worse still, the scam did not stop there. If you ended up losing your investment, AximTrade would still emerge scot-free, urging you to pour in more money and accentuating the risk of a deeper financial debacle. This, in my view, is a downright infraction. So, let my ordeal serve as a cautionary tale. AximTrade is more than just a substandard broker; it is an unethical entity operating under the guise of a genuine platform. Its modus operandi is simple but devastating – rob traders of their well-deserved profits, and when they are down, encourage them to further their losses. It's high time everyone steered clear of this shockingly corrupt broker. Make your trades elsewhere, and avoid the agonizing ordeal that is AximTrade's scam.

AnnieTrinh

1 review

12 months ago

Unveiling AximTrade: A Cautionary Tale of Unfair Trading Practices

The forex market is undoubtedly permeated with numerous brokers, some credible and others deceitful. However, in the case of AximTrade, one could safely categorize them under the latter, based on my less than pleasing experience with them. I laboriously gathered my hard-earned income and deposited it on their platform, full of hope and anticipation. But, little did I know I was stepping into a minefield of scam and unfair trading practices. With AximTrade, initially everything seems perfectly fine. I opened an account with them, embarked on the trading journey, and to my delight, made a handsome profit. But, this joy was short-lived. In a completely unwarranted move, they accused me of accessing multiple accounts – a claim as baseless as it was puzzling, considering my unwavering commitment to fair trading. What was most disconcerting about AximTrade was their choice to ignore my please for justice while simultaneously turning a blind eye to the grievous loses of other clients. These accounts, despite facing similar unfounded accusations of third-party sharing, were conveniently ignored. It's as if AximTrade possesses a dual personality - merciless and accusatory towards profiteers, yet benevolent and silent towards those drowning in losses. I found myself questioning their strategy. Was it to render a punishment for profiting off their platform? Or was it part of a grander unscrupulous agenda to keep accounts that continually generate more revenue for them through losses? Their unjust trading practices were a blatant slap on the face of transparency and credibility in trading. Their modus operandi seems alarmingly simple: If you make money trading with them, prepare for baseless accusations and subsequent profit deductions. Conversely, if you’re losing money, they're more than content to sit back, watch, and encourage you to deposit more. The sheer dishonesty of this dichotomy reaffirms the blatant robbery under the guise of trading. AximTrade is a stark reminder of the dark side of the trading world, a broker that falls under the category of the unjust and unethical. I share my experience in a bid to caution novice traders and experienced investors alike. To those willing to wade into the risky world of forex trading, my humble advice: Steer clear of this broker. In the end, the dream of high returns should never cloud the reality of inflated risks and potential losses in the opaque world of AximTrade.

Oanhngo

1 review

12 months ago

Unveiling AximTrade: A Deceptive Broker's Profit-Stealing Tactics

With the curtain pulled back on AximTrade, it's evident that fair business ethics and the firm are poles apart. This broker, draped in trickery and subterfuge, aims only to steal the profits of its unsuspecting clients. Having personally operated an account with AximTrade, I've found myself on the receiving end of their deceptive tactics. After successfully trading and making profits, I was suddenly and baselessly accused of accessing other accounts. Consequently, my trades were cancelled and profits wiped out, while accounts of other clients that had succumbed to major losses received no such punitive measure. It dawned on me that these accusations were nothing more than attempts to siphon away rightful profits under the disguise of unwarranted third-party sharing claims. Trading with AximTrade was initiated with complete transparency on my part, sans any unethical practices such as hedging or high-frequency trading (HFT) that go against regulations of a regular retail trader. I took risks on my own merit, using hard-earned money. Despite this, I was the target of their scheme to unjustly seize my earnings. AximTrade reveals a clear-cut plot: If you profit, expect to be accused of pilfering others' accounts, providing convenient excuses to snatch your earnings. However, if you lose, they sit back, offer placid responses, and then implicitly entice you to invest more of your battered funds. To put it bluntly, the broker's methods are nothing less than glorified theft, a robbery concealed under a veneer of 'trading'. The encouragement of endless deposits and then depriving traders of their earned profits paints a testament to their ruthless and unethical business model. Avoid AximTrade at all costs. It’s a broker cloaked in deception and nefarious practices, far removed from the ethical parameters that govern fair trading entities. One must steer clear of this malicious, exploitative, and outright deceitful broker.

wc3677

1 review

1 years ago

Unfair Practices by AximTrade: A Scam Broker Review

Navigating the complex landscape of online trading can often prove to be a perilous journey if one falls into the clutches of an unscrupulous broker. Unfortunately, I discovered first-hand how dark these waters could be, when I became a victim of the underhanded dealings at AximTrade, and I deem it crucial to share my unpleasant encounter. Upon my decision to venture into trading, I opened an account with AximTrade, hoping to make substantial profits through strategic and calculated risks. Unfortunately, their practices began appearing alarmingly fraudulent when I was falsely accused of breaching account management rules. This included sinister claims of accessing third-party accounts, which became their pretext to sabotage my hard-earned trading profits. The double standards of their unethical operations became blatant when they conveniently turned a blind eye towards other clients showing similar signs of account breaches, especially those who were on a losing streak in the trading market. Despite trading by their stated guidelines, without the employment of prohibited strategies like hedging or high-frequency trading (HFT), I was penalized for a rule violation that I never committed. The clever ruse carried out by AximTrade seems to follow a discernable pattern - if you manage to reap profits by trading, they brandish the rule violation card, and effortlessly strip you of your earnings. Conversely, if you're on a losing run, they will refrain from intervening, rather encouraging you to inject more funds into their seemingly perpetual money-draining machine. Appalling as it is, this calculated tyranny practiced by AximTrade unashamedly embodies the essence of financial fraud. Their actions clearly send a chilling reminder - profiting from trading isn't the grievous error; the egregious act is choosing to trade with a broker that perpetuates deceit and deception, just like AximTrade. The tainted trading practices by AximTrade necessitate a stern warning to fellow traders to steer clear from their fraudulent schemes. This elaborate ruse, disguised as a trading platform, seems orchestrated to accomplish one thing alone - rob the traders of their hard-earned money in the most deceitfully professional manner. In the landscape as volatile as online trading, one must be cautious to disassociate themselves from malicious entities masquerading as legit trading platforms. AximTrade is one such example of a terrible and unethical scam broker that every potential and current investor should beware of.

1 review

1 years ago

Unveiling AximTrade.com: A Profits-snatching Broker Exposed

As a seasoned trader, it's disheartening to unveil the predatory underbelly of firms that prey on their client's hard-earned money. One such company that rings alarm bells is AximTrade.com. After having an appalling experience with this broker myself, I deemed it necessary to expose their tactics in this comprehensive analysis. I was initially lured by their seemingly alluring trading platform where I opened an account and was soon making profits. However, my celebration was premature as I found myself entangled in an unjust accusatory web. The shocking revelation came when they accused me of breaching their policies, alleging that I had access to multiple accounts. Such erratic and false accusations seem designed to justify their incorrigible act of revoking my closed trades, hence, eroding my hard-earned profits. While they hastily penalize clients who secure a profit run, it’s bemusing and alarming to note their laissez-faire approach when it comes to accounts plagued with heavy losses. Claiming these accounts too have been compromised by third-party sharing, they conveniently turn a blind eye. The goal appears clear - coax these clients to deposit more funds and continue the unending cycle of loss. Throughout my association with AximTrade.com, my methods were above board, abiding by the rules set for retail traders. I refrained from partaking in risk-driven practices such as high-frequency trading and hedging tactics. Yet, I found my profits ripped away under frivolous pretexts. In conclusion, it's becoming increasingly clear that AximTrade employs a predatory scheme: they construct ill-founded accusations if you turn a profit and let you drown if losses are your constant companion, nudging you to constantly deposit more. Their business model stands not on ethical grounds, but rather on an insatiable greed. Based on my disconcerting experience, I can unequivocally brand AximTrade.com an epitome of an exploitative and rogue broker. If you value your investments, I implore you to tread cautiously and avoid this platform at all costs. This is a story not just of a bitter trading experience, but a warning tale for fellow traders. It’s important to shine a light on such unscrupulous entities and stand up against their unethical business practices. Don’t fall into their money-robbing snare. Remain vigilant. Remain informed.