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AXFX
Australia|2-5 years| https://axfxpv.com/
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+61 2 8036 8388
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AXFXPV LTD
AXFX
Australia
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- AustraliaASIC (license number: 001287576) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
- The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!
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AXFX · Company Summary
Note: AXFX's official website: https://axfxpv.com/ is currently inaccessible normally.
| AXFX Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Australia |
| Regulation | ASIC (Revoked) |
| Market Instruments | Forex, precious metals, CFDs, and stock index |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | From 1.8 pips (STP Standard account) |
| Trading Platform | MT4 |
| Min Deposit | $100 |
| Customer Support | Phone: +61 2 8036 8388 |
| Email: cs@axfx.com | |
Founded in 2022, AXFX is a brokerage firm based in Australia. It offers forex, precious metals, CFDs, and stock index trading with leverage up to 1:400 and spread from 1.8 pips on the STP Standard account. Demo accounts are available via the leading MT4 platform. However, the official website is currently inaccessible and the regulatory status is revoked.
Pros and Cons
| Pros | Cons |
| Availability of MT4 trading platform | ASIC revoked |
| Wide range of trading instruments | Inaccessible website |
| Multiple account types | Wide spreads |
| MT4 available | |
| Demo accounts |
Is AXFX Legit?
| Regulated Country | Regulator | Regulated Entity | Status | License Type | License No. |
 | Australia Securities & Investment Commission (ASIC) | AXFXPV PTY LTD | Revoked | Appointed Representative (AR) | 1287576 |
What Can I Trade on AXFX?
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Forex | ✔ |
| Precious Metals | ✔ |
| Stock Index | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
AXFX offers three kinds of live accounts: STP Standard, ECN Advanced, and VIP Institutional with the minimum deposits of $100, $20,000 and $50,000 respectively.
Leverage
| Account Type | MaxLeverage |
| STP Standard | 1:400 |
| ECN Advanced | 1:400 |
| VIP Institutional | 1:100 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread
AXFX provides the STP Standard account spreads starting from 1.8 pips. In contrast, the ECN Advanced account offers tighter spreads from 1.0 pips. The VIP Institutional account starts from 0.1 pips.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Mobile (iPhone & Android), computer (PC & Mac), tablet (iPad & Android) | Beginners |
| MT5 | ❌ | / | Experienced traders |
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