WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Axiance

Seychelles|2-5 years|
Retail Forex License|Medium potential risk|Offshore Regulated|

https://axiance.com/

Website

Rating Index

Contact

support@axianceint.com
https://axiance.com/
CT House, Office 9C, Providence, Mahé, Seychelles
https://www.facebook.com/AxianceOfficial/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

Aerarium Limited

Abbreviation

Axiance

Platform registered country and region

Seychelles

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2024-10-09
  • The CyprusCYSEC regulation (license number: 301/16) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The Seychelles FSA regulation with license number: SD036 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Axiance · WikiFX Survey
A Visit to Axiance in Seychelles - Office Found
Seychelles

Users who viewed Axiance also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

GO MARKETS

8.99
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)
Official website

GTCFX

8.11
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)
Official website

STARTRADER

8.63
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

Axiance · Company Summary

Axiance Review Summary in 10 Points
Founded 2023
Registered Country/Region Seychelles
Regulation FSA offshore regulated, suspicious CYSEC clone
Market Instruments CFDs on global stocks, forex, commodities, cryptocurrencies
Demo Account Available
Leverage Up to 1:500
EUR/USD Spread From 0.0 pips
Trading Platforms Proprietary platform
Minimum Deposit USD 100
Customer Support Email, address, live chat, contact us form, social media

What is Axiance?

Axiance, the trade name of Aerarium Limited and used by the Axiance Group of companies, is a trademark owned by multiple entities of the Axiance Group. It's an international brokerage headquartered in Seychelles and offers a diverse range of financial instruments, including Forex, Oil, Gold, Stocks, and CFDs. However, it is under FSA offshore regulation and holds a suspicious CYSEC clone license, raising concerns about its legitimacy and accountability.

Axiance's homepage

In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. In conclusion, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.

Pros & Cons

Pros Cons
• Multiple account types • FSA offshore regulated and suspicious CYSEC clone
• Demo account available • Not accept clients from certain countries
• Tight starting spreads • No MT4/5 trading platform

Pros:

Three different account types of the broker offer flexibility and cater to diverse trading preferences.

Availability of a demo account allows for risk-free practice and strategy development for traders.

Tight starting spreads from 0.0 pip provide cost savings option for traders.

Cons:

FSA offshore regulation and suspicious CYSEC clone licensing raises concerns about regulatory oversight and credibility.

Client restrictions across the United States of America, Canada (including Quebec), Seychelles, Belgium, North Korea etc limit market accessibility.

Absence of the popular MT4/5 trading platform inconveniences traders accustomed to its features and functionalities.

Is Axiance Safe or Scam?

When considering the safety of a brokerage like Axiance or any other platform, it's important to conduct thorough research and consider various factors.

  • Regulatory sight: Axiance is currently under FSA (The Seychelles Financial Services Authority) offshore regulation with license no. SD036 and holds a suspicious CYSEC (Cyprus Securities and Exchange Commission) clone license numbering at 301/16, suggests questionable regulatory oversight. Investors should be careful due to potential lack of stringent regulation, raising concerns regarding transparency and reliability in financial operations.

offshore regulatedby FSA
suspicious clone CYSEC license
  • User feedback: For a deeper insight into the brokerage, traders should read reviews and feedback from existing clients. These valuable inputs from users, available on trustworthy websites and discussion forums, can provide firsthand information about the company's operations.

  • Security measures: Axiance employs top-tier bank partnerships to segregate and secure funds, instilling confidence in financial transactions. With stringent privacy standards, they transparently manage data usage, prioritizing customer privacy and security by default.

In the end, choosing whether or not to engage in trading with Axiance is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities.

Market Instruments

On Axiance, traders have access to more than 5000 assets across over 200 market instruments, spanning across diverse asset classes.

This includes Contracts for Difference (CFDs) on global stocks, enabling investors to speculate on the performance of prominent companies worldwide.

Additionally, the platform offers a comprehensive selection of forex pairs, facilitating trading opportunities in the dynamic currency markets.

Complementing these offerings are CFDs on commodities, allowing traders to engage with various raw materials such as precious metals, energies, and agricultural products.

Moreover, Axiance caters to the growing demand for cryptocurrency trading, providing CFDs on popular digital assets like Bitcoin, Ethereum, and others.

Market Instruments

Account Types

Axiance offers a tiered system of account types designed to accommodate traders of varying experience levels and investment sizes.

Axiance's demo Account provides traders with a risk-free environment to explore the platform's features, practice trading strategies, and enhance their skills using virtual funds.

With a Standard account, accessible with a minimum deposit of $100, offers traders a foundational platform to engage in trading activities with essential features and functionalities.

For those seeking more advanced features and benefits, the Premium account requires a minimum deposit of $5,000, offering enhanced services and priority support.

For seasoned traders and high-net-worth individuals, the VIP account, requiring a minimum deposit of $30,000, provides exclusive perks, personalized assistance, and access to premium trading tools, meeting the needs of sophisticated investors.

This tiered approach ensures that traders can select an account type that aligns with their requirements, enabling them to trade with confidence and maximize their potential in the financial markets.

Account comparison

How to Open an Account?

To open an account with Axiance, you have to follow below steps:

  • Visit the Axiance website, locate and click on the 'REGISTER'.

click on the 'REGISTER'
  • Fill in the necessary personal details required.

  • Complete any verification process for security purposes.

  • Once your account has been approved, you can set up your investment preferences and start trading.

Leverage

Axiance provides traders with the opportunity to amplify their trading positions through leverage of up to 1:500. This high level of leverage empowers traders to control larger positions with a relatively small amount of capital, potentially magnifying both profits and losses.

While leverage can enhance trading opportunities, it also carries increased risk, requiring traders to implement effective risk management strategies to safeguard their investments.

Spreads & Commissions

Axiance's account tiers cater to varying trading preferences and styles, with the Standard account boasting a minimum spread from 1.2 pips, the Premium account offering tighter spreads from 0.8 pips, and the VIP account providing competitive spreads from 0 pips while maintaining a commission of $4 per lot.

Account Type Standard Account Premium Account VIP Account
Minimum Deposit 100 5000 30000
Leverage Up to 1:500 Up to 1:500 Up to 1:500
Minimum Spread From 1.2 pips From 0.8 pips From 0 pips
Commission / / $4 per lot

This structure allows traders to select an account type that aligns with their trading strategy, budget, and desired level of service, ensuring a tailored trading experience that meets their individual needs.

Trading Platforms

Axiance provides traders with a powerful trading experience through its proprietary platform, available for download on both iOS and Android devices.

With its user-friendly interface and advanced features, the app enables traders to stay connected to the markets and execute trades on the go, ensuring flexibility and convenience. Whether on iOS or Android, users can access a comprehensive suite of trading tools, real-time market data, and account management functionalities, empowering them to make informed decisions and seize opportunities wherever they are.

proprietary platform

Trading Tools

Axiance's VPS Hosting service empowers traders to automate their strategies, providing enhanced control and flexibility over their trading environment. With free Expert Advisors hosting, traders can optimize returns around the clock with precision, speed, and uninterrupted uptime, ensuring efficient execution of trading algorithms for maximized profitability and performance.

VPS Hosting

Deposit & Withdrawal

Axiance offers multiple convenient payment methods for electronic fund transfers, ensuring swift processing for seamless transactions. Debit/credit card and e-wallet transactions are instantly processed, providing immediate access to funds. Bank transfers may take one to three business days depending on the bank, while withdrawal processing typically requires one business day, contingent upon the completeness of information provided.

A minimum withdrawal requirement of 50 EUR/USD/GBP applies to credit/debit cards and bank transfers, facilitating efficient and hassle-free fund management for traders across various platforms.

For more details, you can visit https://www.axiance.com/int/funding-and-withdrawals#t:tab-deposit-credit-card.

Deposit & Withdrawal

Customer Service

Axiance offers a range of customer service channels for trader support, including live chat forimmediate support, email for detailed inquiries, a physical address for in person visits, a convenient contact us form and communication via Facebook, Instagram, LinkeIn, Twitter and YouTube. This multi-channel approach ensures timely and accessible support for traders' queries and concerns.

Registered address: CT House, Office 9A, Providence, Mahe, Seychelles.

Email: support@axianceint.com.

contact details

Education

Axiance's glossary page serves as an educational hub, providing traders with clear definitions and explanations of essential terms and concepts in the financial markets. This resource equips traders with the knowledge needed to navigate the complexities of trading, empowering them to make informed decisions and enhance their trading strategies effectively.

glossary page

Conclusion

In summary, Axiance is an online brokerage firm registered in Seychelles who offers a wide range of trading instruments including CFDs on global stocks, forex, commodities, cryptocurrencies. However, it's crucial to note that Axiance is currently under FSA offshore regulation and is suspected to be CYSEC clone, raising concerns about its accountability and commitment to client safety.

Therefore, you should be cautious when deciding to trade with this broker and consider alternative brokers with established regulatory oversight to mitigate potential risks.

Frequently Asked Questions (FAQs)

Q 1: Is Axiance regulated?
A 1: Yes, it‘s been confirmed that the broker is currently under FSA regulation and being suspected as CYSEC clone.
Q 2: Is Axiance a good broker for beginners?
A 2: No, it’s a good broker because its not well regulated by FSA or CYSEC.
Q 3: Does Axiance offer the industry leading MT4 & MT5?
A 3: No.
Q 4: Does Axiance offer demo accounts?
A 4: Yes.
Q 5: What is the minimum deposit for Axiance?
A 5: The minimum initial deposit to open an account is $100.
Q 6: On Axiance, are there any regional restrictions for traders?
A 6: Yes, it does not offer services to citizens/residents of the United States of America, Canada (including Quebec), Seychelles, Belgium, North Korea etc.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

News

Gold Prices Fell

NewsGold Prices Fell

2022-03-28 16:36

In global markets, gold was slightly lower at $1,917 per ounce, after touching its lowest since March 1 at $1,906 on Tuesday.

WikiFX
2022-03-28 16:36
News
Gold Prices Fell
European Daily Market Review

NewsEuropean Daily Market Review

2022-03-28 16:30

European stocks advanced on Tuesday after reports emerged that Ukrainian President Volodymyr Zelensky was prepared to discuss a commitment from Ukraine not to seek NATO membership in exchange for a ceasefire, the withdrawal of Russian troops and a guarantee of Ukraine's security.

WikiFX
2022-03-28 16:30
News
European Daily Market Review
Tesla Shares Top $1,000

NewsTesla Shares Top $1,000

2022-01-24 10:07

Tesla (TSLA) is the brainchild of entrepreneur Elon Musk. The company made waves by challenging the auto industry and producing its own all-electric car.

WikiFX
2022-01-24 10:07
News
Tesla Shares Top $1,000
EUR/USD Into A Massive Rally

NewsEUR/USD Into A Massive Rally

2022-01-21 16:39

Both the Australian and New Zealand dollars continue to threaten their 2021 lows and. The EUR/USD has market the bottom level of the year.In fact the weekly peak for the week soared in the first week of the year (on January 6) at 1.23487.Currently, the Euro versus the USD trades at $1.1332, which is a rise of $0.00066 or 0.06% from the previous close of 1.13262.The daily trading range is from $1.1290 to 1.1342, while the trading volume is 116.903K.Technically speaking, the falling side in 2021, resulted in the price to drop below the 100 weekly moving average.

WikiFX
2022-01-21 16:39
News
EUR/USD Into A Massive Rally

Review 2

2 Comments
Write a comment
All(2) Latest Positive(1) Neutral(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com