Aximtrade Broker Exposed: What Are Other Traders Saying About This Broker?

Aximtrade has attracted considerable attention following numerous complaints involving withdrawal difficulties, disputed profits and regulatory concerns. According to WikiFX, the broker currently holds a WikiFX Score of just 1.23 out of 10 and has been placed on the WikiFX Complaint Blacklist.

This Aximtrade review examines reported customer experiences, withdrawal complaints, regulatory warnings and the findings of a negative WikiFX field survey.

Contents

01

Aximtrade User Complaints Raise Concerns

02

Traders Report Delayed Withdrawals

03

Aximtrade Accused of Cancelling Trading Profits

04

WikiFX Field Survey Raises Additional Concerns

05

Aximtrade Regulation and Investor Warnings

Aximtrade User Complaints Raise Concerns

According to the WikiFX risk information, 81 user complaints have been recorded against Aximtrade, indicating a significant level of customer dissatisfaction.

One recurring issue involves difficulties withdrawing funds after completing trading activities.

In March 2024, an Indonesian user identified as Dodi8224 claimed that Aximtrade had failed to process a withdrawal for approximately four months. The user submitted complaints on March 1 and March 4, requesting assistance in recovering the funds.

Another trader from Malaysia, identified as Adsyraf, reported on February 3, 2024, that a withdrawal remained under review after 12 hours, which the user considered unusually long.

Traders Report Delayed Withdrawals

Further complaints from Egyptian traders describe more prolonged withdrawal problems.

A user identified as Abdalla7438 reported on January 4, 2024, that a withdrawal requested on December 15, 2023, had not been completed.

According to the complaint, the user contacted customer support more than ten times but was repeatedly informed that the transaction had been approved and that delays were caused by the payment gateway.

Another Egyptian reviewer, FX1316447467, similarly claimed that funds had not arrived despite repeated assurances from customer support that the withdrawal had been approved.

These allegations raise questions about the broker's withdrawal processing and customer service practices. However, the complaints remain individual user accounts rather than independently established findings of misconduct.

Aximtrade Accused of Cancelling Trading Profits

Apart from withdrawal delays, several Vietnamese traders have alleged that Aximtrade removed profits from their trading accounts.

In October 2020, a user identified as Van Anh26650 claimed that approximately $3,000 in trading profits had been removed after the broker accused the trader of managing another person's account.

Another reviewer, FX2325074262, reported depositing $1,550 and receiving a promotional bonus of $697. The user alleged that Aximtrade subsequently removed $1,011 in profits.

A third Vietnamese user, Tran Thuy Hien, reported similar difficulties, claiming that a withdrawal was challenged because of allegations involving account management.

These complaints highlight concerns about account restrictions, promotional conditions and the handling of trading profits.

WikiFX Field Survey Raises Additional Concerns

WikiFX has also recorded one negative field survey involving Aximtrade in Australia. Although a negative office verification does not independently establish financial misconduct, it raises additional questions about the broker's physical presence and operational transparency.

Aximtrade Regulation and Investor Warnings

The regulatory position of broker Aximtrade adds further concern to the complaints. According to WikiFX, Aximtrade's Australian ASIC Appointed Representative registration, numbered 001294600, has been revoked. The broker's claimed Australian Forex Execution Licence, numbered 435746, is classified as unverified and flagged as a suspected clone.

Furthermore, the Securities Commission Malaysia has issued a public investor warning involving Aximtrade.

The current Aximtrade regulation profile therefore indicates that the broker lacks valid forex regulation.

Read a more the latest broker review of Axintrade here:

Aximtrade Broker Review: Is It Safe for Traders?

Aximtrade is an online forex broker offering access to multiple financial instruments, various trading accounts and high leverage. However, its regulatory status has raised significant concerns.

News 2026-10-19

Further Reading

Conclusion for This Aximtrade Review

This Aximtrade review identifies a concerning combination of withdrawal complaints, disputed trading profits, regulatory warnings and a negative WikiFX field survey.

With a WikiFX Score of 1.23 out of 10, inclusion on the WikiFX Complaint Blacklist and no verified valid forex licence, the Aximtrade broker presents substantial risks to prospective investors.

▶ Have you traded with Aximtrade? Share your reviews and experiences on WikiFX: https://www.wikifx.com/en/dealer/7341492416.html. Your feedback could help other investors make more informed decisions.

Traders should exercise extreme caution, independently verify regulatory information and carefully evaluate the reported customer experiences before considering any involvement with Aximtrade.