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Broker Reviews

Axon Markets

Trust Score:

3.00

(2 Reviews)
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About Axon Markets

Axon Markets offers online trading across forex pairs, commodities, indices, metals, and stocks using the MetaTrader 5 platform on desktop, web and mobile. Account options reportedly include a low minimum deposit starting around USD 10 in its ÒLeverage PlusÓ tier, and the broker emphasises automated trading access and a wide asset range.

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Regulation & Security

The broker holds a license from the Seychelles Financial Services Authority (FSA) under licence number SD115 and states it segregates client funds and implements negative-balance protection. However, this is an offshore regulator and legal recourse may differ from that in major jurisdictions.

Account and Setup

Account setup involves completing an online registration process followed by identity and address verification. Traders select their account type and deposit funds once verification is completed. Minimum deposit levels vary by tier with accounts starting as low as USD 10, and other tiers require USD 50 or more depending on account type.

Funding Options

The funding process supports multiple methods including bank wire transfers, credit/debit cards, e-wallets and cryptocurrencies, with deposits and withdrawals processed through the company portal. Users should review the brokerÕs documentation for any method-specific fees and processing times.

Bot & API Compatibility

The availability of MetaTrader 5 ensures compatibility with Expert Advisors (EAs), automated trading systems and algorithmic strategies in the standard workflow of that platform. No in-depth API or proprietary automation suite is prominently documented.

Trading Conditions& Restrictions

Trading conditions include leverage up to around 1:2000 for certain account types and regions, and spreads from approximately 1.8 pips in the ÒLeverage PlusÓ tier down to 0 pips in the ÒRaw SpreadÓ tier. The instrument offering covers more than 40 currency pairs plus commodities, indices and stocks via CFDs, and the use of EAs, hedging and scalping is permitted under the trading model.

Regulation & Security

The broker holds a license from the Seychelles Financial Services Authority (FSA) under licence number SD115 and states it segregates client funds and implements negative-balance protection. However, this is an offshore regulator and legal recourse may differ from that in major jurisdictions.

Account and Setup

Account setup involves completing an online registration process followed by identity and address verification. Traders select their account type and deposit funds once verification is completed. Minimum deposit levels vary by tier with accounts starting as low as USD 10, and other tiers require USD 50 or more depending on account type.

Funding Options

The funding process supports multiple methods including bank wire transfers, credit/debit cards, e-wallets and cryptocurrencies, with deposits and withdrawals processed through the company portal. Users should review the brokerÕs documentation for any method-specific fees and processing times.

Bot & API Compatibility

The availability of MetaTrader 5 ensures compatibility with Expert Advisors (EAs), automated trading systems and algorithmic strategies in the standard workflow of that platform. No in-depth API or proprietary automation suite is prominently documented.

Trading Conditions& Restrictions

Trading conditions include leverage up to around 1:2000 for certain account types and regions, and spreads from approximately 1.8 pips in the ÒLeverage PlusÓ tier down to 0 pips in the ÒRaw SpreadÓ tier. The instrument offering covers more than 40 currency pairs plus commodities, indices and stocks via CFDs, and the use of EAs, hedging and scalping is permitted under the trading model.

Axon Markets Reviews

( 2 )

Axon Markets Reviews

( 2 )
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