AXOFA Review: Regulation, Fees and Accounts
AXOFA
St. Vincent and the Grenadines.
Your money is at risk
AXOFA overview: what kind of broker is it?
AXOFA is an ECN/STP forex and CFD broker based in St. Vincent and the Grenadines., founded in 2022. Regulation: Financial Services Authority : FSA-859/2022.
Traders get MetaTrader4 and MetaTrader5, spreads from 0.0 Pips, leverage up to 1:500* and a $100 minimum deposit. New clients can also check the current 10% Forex Deposit Bonus.
Tradable markets include Foreign Exchange (FX), Commodities, Indices, Shares/Stocks, CFDs, Cryptocurrency.
AXOFA broker specifications
Company and regulation
| Broker | AXOFA |
|---|---|
| Regulated by | Financial Services Authority : FSA-859/2022 |
| Type of broker | ECN/STP |
| Country | St. Vincent and the Grenadines. |
| Foundation year | 2022 |
| Website | Visit AXOFA website |
| Website languages | English, Malay, Arabic, Vietnamese, Indonesian |
Trading conditions
| Minimum deposit | $100 |
|---|---|
| Maximum leverage | 1:500* |
| Minimum spreads | 0.0 Pips |
| Base currencies | USD, EUR |
| Tradable instruments | Foreign Exchange (FX), Commodities, Indices, Shares/Stocks, CFDs, Cryptocurrency |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Web trading | Yes |
| Mobile trading | Yes |
Bonus and promotions
| Current promotion | 10% Forex Deposit Bonus |
|---|---|
| Welcome bonus | 10% Forex Welcome Bonus |
| Standard no deposit bonus | 5 USD Forex No Deposit Bonus |
Contact details
| Telephone | +44 730 8813 444 |
|---|---|
| Email / Skype | support@axofa.com |
| Fax | +44 730 8813 444 |
| Head office | Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent dan Grenadine. Company Number : 1976. |
| Contact form | Contact AXOFA |
AXOFA pros and cons
Pros
- Regulated: Financial Services Authority : FSA-859/2022
- 10% Forex Deposit Bonus
- Low $100 minimum deposit
- Spreads from 0.0 Pips, ECN/STP execution
- MetaTrader4 and MetaTrader5 and more platforms
- Islamic, mini, VIP and managed accounts
- 11 deposit and withdrawal methods
Cons
- Bonus comes with trading-volume rules
AXOFA account types
AXOFA offers several account options so beginners and experienced traders can both find a fit. Live accounts start from a $100 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Swap-free account | Yes |
| Managed account | Yes |
| Segregated client funds | Yes |
Our detailed AXOFA Broker Review provides insights into the services, offerings, and user experiences of AXOFA Broker. Find out everything you need to know before choosing this broker.
Review of AXOFA Broker, including its features
AXOFA trading platforms
AXOFA runs on MetaTrader4 and MetaTrader5, which give you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
Discover the latest review of AXOFA broker, including its services, features, and user experience. Make an informed decision about trading with AXOFA by reading this comprehensive review.
AXOFA deposit and withdrawal methods
The same methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Crypto
Is AXOFA safe and legit?
AXOFA is a regulated broker. Financial Services Authority : FSA-859/2022. The broker says client money is kept in segregated accounts, separate from company funds.
Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500*.
Our verdict on safety
AXOFA suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.
Full AXOFA review
AXOFA Broker: Key Facts
Discover an in-depth review of AXOFA Broker, covering key aspects such as services, fees, customer reviews, and overall reputation
Related:
Official website: AXOFA.
Learn more: What is forex trading? (Investopedia).
Registered Address
AXOFA LTD (UK) : 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX. Company Number : 13744360
AXOFA Markets LLC (SVG) : Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent dan Grenadine. Company Number : 1976
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