Score

4.09 /10
Average

Aximtrade

Saint Vincent and the Grenadines

2-5 years

Regulated in Australia

Appointed Representative(AR)

MT4/5 full license

Global Business

United States Common Financial Service License Unauthorized

Suspicious Overrun

High potential risk

C
A

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Comparison

Quantity 9

Exposure

Time Machine
Website

Score

License Index3.51

Business Index6.46

Risk Management Index0.00

Software Index7.62

Regulatory Index3.49

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

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

AximTrade Pty Limited

Company Abbreviation

Aximtrade

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Facebook

Instagram

Linkedin

Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 3
Previous Detection : 2022-12-10
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • United StatesNFA (license number: 0539713) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

Aximtrade · Benchmark
Average transaction speed(ms)
555.4
The highest transaction speed(ms)
31 Perfect
The highest speed of opening positions(ms)
31 Perfect
The highest speed of closing position(ms)
125 Great
The lowest speed of opening positions(ms)
1999 Poor
The lowest speed of closing position(ms)
1999 Poor
Ranking: 95 / 117
Test user 779
Transactions 42,554
Ocuppied margin $5,486,249 USD
Data Source WikiFX Data provide
Updated: 2022-12-09 01:12:00
Pyramid scheme complaint
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    User Reviews

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    User comment

    8

    Comments

    Write a review

    Sanga
    0-3months
    Aximtrade is one of the best brokers which I trade and earn profit as my other income. Spread is reasonable compared to other brokers, so far, the deposits and withdrawals are instant since I joined 2020 with Aximtrade. I can see within few hours my client's accounts are getting verified as quicker which I have not ever seen with other brokers. Highly recommended Trading platform.
    Translate to English
    2022-11-09 15:37
    Reply
    0
    0
    Chuchi
    0-3months
    Great broker with great service. I was introduced to aximtrade by one of my long time friend. I have been trading with them for more than 2yrs, compared to other brokers aximtrade have more deposit and withdrawal options as well as great customer service most importantly the customer service is available 24/7. Deposit and withdrwal is also smooth. Havent faced any issues so far.
    Translate to English
    2022-11-08 16:38
    Reply
    0
    0

    News

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    2022-12-09 11:03
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    2022-12-06 10:44
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    Activity5 Reasons Why 'Cash Is King' During a Recession

    Increasing chatter about a possible global recession in 2023 might force traders to reconsider their trading strategies accordingly. While the financial markets react differently during economic downturns, in rough waters, people often turn to ‘cash’ as a safe haven. This lends more significance to the saying that “Cash is King” during a recession.

    WikiFX
    2022-12-05 12:01
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    NewsWIKIFX REPORT: Commodities Trading: Benefits of trading commodities with AximTrade

    Commodities are essentially bought and sold in large quantities through exchanges in the same way that stocks and shares are traded. There are four large commodity exchanges in the world, including, London Metal Exchange (LME), the Chicago Mercantile Exchange (CME), the New York Mercantile Exchange (NYMEX), and the Intercontinental Exchange (ICE) in Europe.

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    ActivityIs it a good idea to trade Crypto during a market crash?

    With cryptocurrency prices falling rapidly since late November and bitcoin sliding below $20,000 for the first time in 18 months, the crypto market is undergoing a contraction phase, better known as ‘crypto winter.’ During this time of volatility, where everyone remains clueless and chaos takes over the market, a bold player will always find an opportunity even in an uncertain market, and that is what crypto trading is all about.

    WikiFX
    2022-08-09 11:47
    Is it a good idea to trade Crypto during a market crash?
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    ※ 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.
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