AXNFX.com is an online broker offering trading in forex, CFDs, commodities, and cryptocurrencies. The company is based in London, UK, and is regulated by the Financial Conduct Authority (FCA). The broker offers two account types – a standard account and a VIP account. The minimum deposit for the standard account is $250, while the VIP account requires a minimum deposit of $5,000. Both accounts offer leverage of up to 1:500 and spreads from 0.0 pips. The broker’s website is available in English, Russian, Spanish, Portuguese, and Chinese.
AXNFX is a Cyprus Investment Firm (CIF) that is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). They offer their clients two trading platforms: MetaTrader 4 (MT4) and WebTrader. The firm are also a member of the Investor Compensation Fund (ICF), which protects clients’ investments up to €20,000 in the event that the broker becomes insolvent.
The company offers a wide range of CFD instruments including forex, indices, metals, energies and cryptocurrencies. Their spreads are variable and start from as low as 0.1 pips on major currency pairs. Leverage is also variable and depends on the instrument traded, with a maximum of 1:500 available for forex pairs.
Clients can deposit funds using bank wire transfer, credit/debit card or e-wallets such as Skrill and Neteller. Withdrawals are processed quickly and without any fees.
Overall, AXNFX is a reliable broker that is regulated by CySEC and offers a good selection of tradable instruments with competitive spreads.
Trading Platforms and instruments
When it comes to online trading, there are a few key things that you need to look for in a broker. One of those things is the variety of trading platforms and instruments that they offer. This is important because it will give you a good idea of what kinds of trades you can make and how easy it is to use their platform.
AXNFX offers a few different trading platforms for their clients. The first is the MetaTrader 4 platform, which is one of the most popular platforms in the industry. It’s known for being user-friendly and having a wide range of features. This platform is available for both desktop and mobile devices.
The second platform offered by AXNFX is WebTrader. This platform is designed for those who want to trade directly from their web browser. It’s simple to use and doesn’t require any download or installation.
Finally, AXNFX also offers a mobile trading app for both iPhone and Android devices. This app gives you all the same features as the other two platforms, but it’s designed specifically for use on your smartphone or tablet.
In terms of instruments, AXNFX offers a wide range of options. You can trade forex pairs, CFDs, indices, stocks, and commodities. All of these instruments are available through either the MetaTrader 4 or WebTrader platforms.
Pros and Cons
AXNFX.com is a online broker that offers a variety of benefits and some drawbacks when it comes to online trading. Here are the pros and cons of using AXNFX.com as your broker.
-Regulated by top-tier financial authorities
-Offers a variety of tradable assets including forex, CFDs, and cryptocurrencies
-Powerful trading platforms with advanced features
-Competitive spreads and fees
AXNFX.com is a reliable broker that offers its clients a wide range of assets to trade on, including forex, cryptocurrencies, stocks and commodities. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers both a web-based trading platform and mobile app for convenient trading on the go. While there are some cons to using this broker, such as high minimum deposit requirements and limited customer support options, overall AXNFX.com is a good choice for those looking for a reputable broker to trade with.