jantrading Authenticated Unverified I am posting this to warn others and to ask if anyone had similar issues with Axon Markets or other offshore brokers. I traded XNGUSD (natural gas) using a simple multi-day swing strategy: I opened sell trades based on technicals and fundamentals early in the week and closed them later to avoid weekend risk. These were normal trades held for several days, no scalping, no bots, no latency tricks - just clean manual execution through MT5. I made over 16100 USD in profit. Shortly after closing the trades, Axon Markets blocked my account and used a "Profit Adjustment" to erase all gains. They claimed arbitrage on misconfigured prices but provided no proof, no timestamps, and no evidence of any rule violation. Meanwhile, all loss trades stayed untouched - so they only let you lose, not win. I still have full access to my MT5 terminal because it was running on a virtual machine. I downloaded the full trade report and journal log before they could cut access. I am attaching screenshots and the HTML trade report to this post. They replied once, saying the case was forwarded, and have ignored every message since. Has anyone else had profits deleted like this? - What are your experiences with offshore brokers? - Can we report this to the Seychelles FSA with any hope of result? - Any recommendations for reliable brokers who actually pay out? Would love to hear what the community thinks. Thanks in advance.
Login & Registration
Official website
www.axonmarkets.com...
Security note
Always use the official domain above when creating an account or signing in. Confirm details on the official site and contact support at the published phone number if you see unfamiliar pages or requests.
Account registration / opening
To open an account with Axon Markets you should start on the broker's official website. Look for a clearly labelled Sign up/Register or Create account option and follow the on-screen prompts. You will typically be asked to provide a valid email address and to choose a secure password; use a mailbox you control because a verification email is commonly sent.
Most brokers require basic personal details (full name, country of residence, date of birth) and may request identity and proof-of-address documents to complete KYC (for example passport or national ID and a recent utility bill). Complete any identity checks to unlock deposits and withdrawals. After registration you can choose an account type and fund the account to start trading.
- Open the official site and select Sign up/Register.
- Enter a valid email address and create a strong password.
- Confirm your email via the verification link sent to your inbox.
- Provide personal details and upload ID/POA if requested to complete verification.
- Choose the account type you prefer and fund the account following the broker's instructions.
How to log in
To sign in on the web, open the broker's website and click the Login/Sign in link. Enter your registered email address and the password you created during registration. If the broker provides a dedicated client hub (for example a separate login URL), use that official address only.
On mobile you can sign in using the broker's mobile app if one is available or via the site in your phone browser. The credentials are the same as for the web login. If you use a mobile app, download it only from official app stores or links provided on the broker's website.
- Navigate to the official login page.
- Enter your registered email and password.
- If required, complete any secondary verification challenge shown after sign-in.
- If you are using a mobile device, prefer the broker's official app or the mobile website.
Forgot password / account recovery
If you forget your password, use the standard 'Forgot password' or 'Reset password' option on the login page. You will normally be asked to enter your registered email address and receive a reset link or temporary code. Follow the link to create a new password and sign in again.
If the reset email does not arrive, check your spam or junk folder and ensure you entered the correct email. If you no longer have access to the registered email address, contact the broker's support team and be prepared to verify your identity with the information and documents requested by the broker.
Two-factor authentication & login security
Two-factor authentication (2FA) adds an extra layer of protection. If the broker offers 2FA, enable it in your account security settings — common methods include authenticator apps (TOTP), SMS codes, or email codes. If you enable 2FA, save any recovery codes the service provides and store them securely.
Good login hygiene reduces risk: use a unique, strong password; avoid reusing the same password across sites; enable 2FA where available; verify you are on the official domain before entering credentials; and do not follow login links in unsolicited emails. If a login page asks for unusual information (for example direct transfers to a personal account), contact support before proceeding.
Common login problems & troubleshooting
Wrong credentials: if you receive an 'incorrect email or password' message, use the password reset flow and ensure Caps Lock is off. Locked account: multiple failed attempts may lock access temporarily — wait the specified lockout period or contact support to unlock the account.
Verification pending: if account access is restricted because verification is incomplete, upload the requested identity documents and wait for confirmation. Region/access issues: some jurisdictions may be restricted; if you cannot register from your country, consult the broker's terms or contact support for clarification.
- Reset password if credentials fail; check spam for the reset link.
- Clear browser cache/cookies or try a different browser/device if pages fail to load.
- Ensure you are using the official domain and not a cloned site.
- If account is locked or verification is required, follow the broker's identity verification instructions or contact support.
Getting login/account support
If you need help with access, contact Axon Markets via the official support channels listed on their website. Provide your registered email address, a clear description of the issue, and any reference or ticket numbers you received. Keep personal identification documents ready if verification is required.
Phone support: +2484224183. Use the official website for live chat or support forms where available. Do not share your password over email or phone. When contacting support, confirm you are using the same contact information published on the broker's official site.
Broker Overview
Axon Markets Ltd is a Seychelles-based broker operating from an office at IMAD Complex, Office 12, 3rd Floor, Ile Du Port, Mahe, Seychelles. The company appears to have been operating for between two and five years and is described in available materials as offshore regulated. A composite score of 4.23 is provided in the broker data.
The broker's internal rating index highlights stronger results in software and risk control while regulatory and licensing scores are lower in the same index. Axon Markets publishes multiple account types with a range of minimum deposits and leverage levels and provides telephone contact for customer support.
If you need to confirm legal or regulatory details, licensing or other official claims, consult the broker's official site and the links shown in the source note below before opening an account.
Source: WikiFX dealer entry - https://www.wikifx.com/en/dealer/9406812792.html
Account Types
LeveragePlus
The LeveragePlus account offers maximum leverage of 1:2000 and a low minimum deposit requirement of $10. Published spreads start from 1.8 and the account is listed as having no commission. Deposit options include Bank transfer, Skrill, PerfectMoney and Neteller; withdrawals may be made via VISA, MASTER, Bank transfer and BTC.
Raw Spread
The Raw Spread account provides maximum leverage up to 1:500 with a minimum deposit of $500. Spreads are advertised from 0.0 and the account carries a commission of $3.00 per lot. Accepted deposit methods include VISA, BTC, Bank transfer and Skrill, while withdrawals can be made to Skrill, Neteller, VISA and MASTER.
Prime
The Prime account lists maximum leverage of 1:500 and requires a minimum deposit of $1,000. Spreads start from 0.6 and there is no commission shown for this account. Deposit methods include Neteller, MASTER, VISA and BTC; withdrawal options include PerfectMoney, Skrill, Neteller and VISA.
Standard
The Standard account offers maximum leverage up to 1:500 with a minimum deposit of $50. Spreads begin from 1.5 and the account is described as having no commission. Deposit channels include Skrill, PerfectMoney, Neteller and MASTER, while withdrawals are listed for BTC, PerfectMoney, Skrill and Neteller.
Account specifications such as spreads, leverage and available payment channels can change; confirm exact and up-to-date details on the broker's official website before funding an account.
Deposits & Withdrawals
Axon Markets lists a variety of deposit and withdrawal methods across its account types. Accepted funding options shown across accounts include bank transfer, card payments (VISA/MASTER), e-wallets such as Skrill, Neteller and PerfectMoney, and cryptocurrency (BTC). Withdrawal options largely mirror deposit methods but may vary by account and by the user's verification status.
| Deposit methods | Withdrawal methods |
|---|---|
| Bank transfer, VISA, MASTER, Skrill, Neteller, PerfectMoney, BTC | Bank transfer, VISA, MASTER, Skrill, Neteller, PerfectMoney, BTC |
Processing times, fees and availability depend on the chosen method, the account type and whether the account holder has completed identity verification. Always check the broker's funding pages and support resources for the latest instructions and any minimum/maximum limits before initiating deposits or withdrawals.
FAQs
How do I open an account with Axon Markets?
Begin on the official website and select Sign up/Register. Provide a valid email and create a password, confirm your email, complete any required personal details and upload identity documents if requested. After verification you can choose an account type and fund the account.
What is the minimum deposit?
Minimum deposits vary by account type. Published minimums include $10 for LeveragePlus, $50 for Standard, $500 for Raw Spread and $1,000 for Prime. Verify current minimums on the broker's website before depositing.
Is Axon Markets regulated?
The broker data lists the regulatory status as 'Offshore Regulated'. If confirmation of specific licences or regulatory details is important to you, consult the official website and relevant regulator records to verify current licensing information.
How do I withdraw funds?
Withdrawals generally use the payment channels listed on the broker's site (bank transfer, card, e-wallets, BTC). Complete any required account verification first, then request a withdrawal from your account area. Check the broker's withdrawal policy for processing times and potential fees.
Axon Markets Review
Axon Markets is a scam broker. I traded XNGUSD using a manual, multi-day swing strategy: sell positions opened early in the week based on price action and fundamentals, then closed later to avoid weekend risk. All trades were held for 2–5 days - no scalping, no latency, no bots. After earning $16,600+ in legitimate profit, my account was blocked without warning, and all gains were deleted using a “Profit Adjustment” entry. I was never paid out. Their excuse: “arbitrage on misconfigured prices” - but they provide no evidence, timestamps, or specific trades. Meanwhile, losses were kept untouched, proving that only losing trades are allowed. I still have full access to MT5 via a virtual machine, with complete trade logs, execution timestamps, and screenshots proving normal activity. Support responded once, then ignored all follow-ups. If you make money here, they will find a reason to steal it. Avoid at all costs.
Platform is clean and the mobile app is responsive. Deposits were instant via card, verification took about 48 hours after I uploaded documents. Live chat answered basic questions quickly. Withdrawals cleared to my bank in three business days with clear status updates.
Had intermittent login issues for a week which was frustrating — two-factor sometimes failed. Support eventually helped but response times were slow. Demo account worked fine, real account funding was straightforward, and my withdrawal was processed after verification completed.