Axe Capital Review 2024

2.33/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $250
Trading platform:
  • Axe Capital platform
Foundation date:
  • 2013
Updated:
2.33/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $250
Trading platform:
  • Axe Capital platform
Foundation date:
  • 2013
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Axe Capital isn't available in United States
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Our Evaluation of Axe Capital

2.33/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Axe Capital is a high-risk broker with the TU Overall Score of 2.33 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Axe Capital clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Axe Capital ranks 377 among 413 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

Brief Look at Axe Capital

Axe Capital offers unparalleled service for traders worldwide. With Axe Capital, one can trade using a PC, laptop, smartphone, or other mobile devices and get access to more than 1,000 trading assets. One-click trading and a single dashboard display make it even easier to trade in the financial markets.

Axe Capital Summary

💻 Trading platform: The Axe Capital trading platform
📊 Accounts: Axe Start, Axe Silver, Axe Gold, Axe Diamond, Axe Exclusive
💰 Account currency: USD
💵 Replenishment / Withdrawal: Credit/Debit card, Bank Wire Transfer, Skrill, Neteller
🚀 Minimum deposit: 250 USD
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: От 1
🔧 Instruments: stocks, forex, commodities, CFDs
💹 Margin Call / Stop Out: 20%/10%
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: No
📋 Orders execution: Instant Execution, Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: Yes

Axe Capital is built on the principles of knowledge, innovation, and reasonable investing. The company establishes long-term partnership with customers from all over the world. Axe Capital's multilingual round-the-clock support unit is able to assist in any arising issue, including technical and account management queries. The company offers an unrivaled trading environment. Axe Capital is known for its loyalty, transparency, and commitment to customer service. Beginners as well as skilled traders can customize the trading platform depending on their current needs and level of expertise. With Axe Capital, the customer trading portfolio is always safe.

User Satisfaction

Score:
3.4/10

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Heshan
8 weeks ago

Trading with Axe Capital is beneficial primarily for novice traders. The most profitable account has a minimum deposit of $250. I think this amount is optimal for any trader. Also, Axe Capital offers a number of webinars held by market analysis specialists for novice traders. As anywhere else, you need to learn trading at first and not take unnecessary risks.

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swathugala
12 weeks ago

If we compare Axe Capital with other brokers, we can notice some drawbacks. For example, Axe Capital does not offer ECN accounts, which can be a significant downside for many traders. The minimum deposit for an Axe Start account is only $250, but the next deposit level is $5000, which may be unattainable for many. However, there are some things that attracted me to Axe Capital. This includes the opportunity to invest using pre-made investment portfolios offered by the broker's analysts.

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prithy
15 weeks ago

This is simulated trading in financial markets! No one at Axe Capital opens real trades. All the "trading" is done on a virtual platform under the control of fraudsters. As soon as a trader accidentally starts making a profit, Axe Capital blocks the account. And then, gaining access to the account is practically impossible. This happened to me; I lost $7,000.

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amir4403
18 weeks ago

Fraudsters from Axe Capital stole money from me. I opened an account and transferred my money there. It seemed like I was trading well, but they blocked my account, saying that I was not trading honestly. I demanded a trial, but the support service simply blocked me. I am not happy with this broker.

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waqas1989
21 weeks ago

I am disappointed with Axe Capital. Its platform constantly freezes, it is impossible to open orders at the normal price. Even if you want to open an order in a calm market, the “order being processed” message can hang up to 10 seconds. And Axe Capital’s technical support assures that orders are executed almost instantly. It’s some kind of lie.

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suwandi
21 weeks ago

The company Axe Capital spreads its deception across different countries. Although in the countries of the European Union, this company is not authorized to operate, they do not have a license from any European regulator. However, I only learned about this when I contacted customer support demanding compensation for my losses. The support team at Axe Capital refused to compensate me for the losses. And when I mentioned that I would approach the regulator, they said I could resolve issues with the company as there is no regulator's license. But when I was opening the account, they assured me that the broker was regulated. It's a complete deception!

Responses to a comment
kabbo to suwandi
18 weeks ago

All information about Axe Capital is a complete deception. The customer support provided me with a scan of the license, but I couldn't find this broker listed on the regulator's website. Do not take risks and do not transfer money here!

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PALSHQ70
23 weeks ago

Ax Capital has been providing brokerage services for a long time, but it seems that there is no development. There is no normal regulation; the company’s legal address is unclear. The attitude towards the client is corresponding. Quote manipulation is rampant. Fake spikes are a normal phenomenon for Ax Capital; gaps can take out stops at once. They can withdraw money, but they will do everything to ensure that there is less money. I do not recommend contacting Ax Capital.

Comparison of Axe Capital with other Brokers

Axe Capital RoboForex Pocket Option Exness IC Markets Forex4you
Trading
platform
Axe Capital platform MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Pocket Option, MT5, MT4 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, cTrader, MT5, TradingView MT4, MobileTrading, MT5
Min deposit $250 $10 $5 $10 $200 No
Leverage From 1:1
to 1:1
From 1:1
to 1:2000
From 1:1
to 1:1000
From 1:1
to 1:2000
From 1:1
to 1:500
From 1:10
to 1:2000
Trust management Yes No No No No No
Accrual of % on the balance 1.00% No No No No No
Spread From 1 point From 0 points From 1.2 point From 1 point From 0 points From 0.1 points
Level of margin call
/ stop out
20%  /  10% 60%  /  40% 30%  /  50% No  /  60% 100%  /  50% 100%  /  20%
Execution of orders Market Execution, Instant Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution
No deposit bonus No No No No No No
Cent accounts No Yes No No No Yes
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