Axe Capital is one of the forex brokers you should consider trading with for a variety of reasons. However, this forex platform usually trades in forex, raw materials, precious metals, shares, and indices.
This broker provides five major types of accounts to its customers such as AxePamm, Axe Season, Axe Sprint, Axe Intellectual, and Axe Pro Invest. In this article, we will tell you some important information about the Axe capital. So without ado, let’s get started;
Axe Capital Regulation and Fund Security
This broker’s headquarters is shown as Saint Lucia on the company’s website (in the Caribbeans). Although, the web product is also given access by a third related firm, Axe Solutions Ltd., which is registered in the United Kingdom. We reviewed the FCA record and found that such a corporation does not exist. You must also be aware that because Saint Lucia is an offshore jurisdiction, your funds are not guaranteed to be safe. It indicates that if the business goes bust or closes down its website, you will lose all of your money. In a possible case, you’re dealing with scammers. In any situation, we do not advise doing business with this firm.
You should be aware that only licensed and regulated forex brokers can guarantee your funds’ protection. These authorized brokers come from well-known countries such as the EU, the United Kingdom, and the United States. To be licensed and regulated, these brokers must fulfill strict requirements. They should have a starting with a minimum capital of 730,000 EUR in the EU and the UK and 20 million USD in the US. You realize that scammers will not ever invest quite as much money!
Trading software from Axe Capital
Axe Capital has its own platform for trading. But, we were unable to complete the registration and account setup process due to broken connections in the system, which stopped us from testing the trading software.
However, we’d like to point out to our readers that MetaTrader 4 and MetaTrader 5 are preferred trading platforms by over 80% of brokers. These two platforms have outscored all other trading software. In addition, MT4 and MT5 both include an app store and a financial planner, as well as a VPS and code base with customized scripts, automatic trading options, and different chart organization tools. We always advise our readers to use a trustworthy broker with an MT4 or MT5 trading platform.
Axe Capital fees and deposit/withdrawal procedures
The minimum investment for the Axe Pamm account is $250. However, the initial payment for the other four accounts is significantly more – $10,000, $50,000, $100,000, and $500,000, respectively. Clients can fund their accounts with VISA, MasterCard, Neteller, Skrill, WebMoney, and QIWI Wallet, among other methods of payment. If you want to know more about Axe Capital, simply look at this web-site for the best pieces of information about it.
However, withdrawals are limitless for the Axe Pamm account, once for each month for the Axe Sprint account, and manually handled for the Axe Intellectual and Axe Pro Invest accounts. Withdrawing money from the Axe Season account throughout the procedure is not authorized.