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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

AXFX

Australia|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|Australia Appointed Representative(AR) Revoked|High potential risk|

https://axfxpv.com/

Website

Rating Index

Contact

+61 2 8036 8388
cs@axfx.com
https://axfxpv.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Institution:AXFXPV PTY LTD

License No.:001287576

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
3

Basic information

Registered region
Australia
Operating period
2-5 years
Company Name
AXFXPV LTD
Abbreviation
AXFX
Company employee
--
Customer Service Email Address
cs@axfx.com
Contact number
0061280368388
Company website
Keywords 5
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
Australia Appointed Representative(AR) Revoked
High potential risk

董先生158

Hong Kong

Unable to withdraw money, the platform is black. It has been more than two months since I submitted the withdrawal request, but it has not been processed yet.

Exposure

01-28

Highway

Hong Kong

I applied for transaction commission withdrawal on December 27, 2023. I communicated with the manager and he always said he would help me follow up. But there is no progress. The remaining net value of my trading account is 13505.29 to apply for withdrawal. Five days have passed now. I communicated with the company’s manager, Lin Shijie, and he promised to help follow up, but the money has never been received. Please help to solve it.

Exposure

01-25

凌冰

Hong Kong

I applied for a withdrawal on December 7, 2023, but it never arrived, and there was no reply when I contacted them.

Exposure

01-08

FX3146925701

Hong Kong

It was delayed for more than a month without processing, and the withdrawal was refused. It was said that it was a problem with the withdrawal channel, and the withdrawal time was not specified.

Exposure

2023-10-26

FX5179656533

Hong Kong

The market was reversed, resulting in insufficient margin, choosing to deposit to make up the position, and it was delayed. The next day, the customer service returned the funds due to an order error, and the account was inexplicably suspended in the case of a loss. Cannot contact the customer service and there are many chucks, which leading the inability of account operation.

Exposure

2022-04-29

叮叮科技~良紫

Hong Kong

The platform has stopped withdrawing cash. It used to be three days and now it has been two weeks. The platform directly canceled the withdrawal status.

Exposure

2022-04-22

純爺們

India

Even a novice trader will have no trouble getting started with the system, thanks to its intuitive interface and excellent charts with a wealth of indicators. One request, please consider: I'd like to be able to buy or sell right from the charts, because every time I switch between windows, I lose a point or two.

Neutral

2023-03-16

FX1701054356

United States

Customer service was speedy and well informative. The overall process of creating everything was nice, it wasn’t a drag. Looking forward to the markets!

Positive

07-05

No.1 Challenge

Cyprus

Thanks for their detailed daily analysis. I have learnt so much, and now I can understand market trends better!

Positive

06-27

KOUORFR

Australia

I had the opportunity to trade on a real STP platform, exploring markets like precious metals and indices. Their variety of products amped up my trading game, and their top-notch technology ensured smooth execution with hardly any lag. Overall, a riveting experience with AXFXPV!

Positive

05-15

AAAA201253

United States

ok

Positive

2023-08-23

11
Website
Genealogy
Company Summary
Review

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Official website

Website

  • axfx.com

    Server Location

    Hong Kong

    Website Domain Name

    axfx.com

    Server IP

    47.75.255.79

  • axfxmarkets.com

  • axfxpv.com

Genealogy

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Company Summary

Note: AXFX's official website: https://axfxpv.com/ is currently inaccessible normally.

AXFX Review Summary
Founded2022
Registered Country/RegionAustralia
RegulationASIC (Revoked)
Market InstrumentsForex, precious metals, CFDs, and stock index
Demo Account
LeverageUp to 1:400
SpreadFrom 1.8 pips (STP Standard account)
Trading PlatformMT4
Min Deposit$100
Customer SupportPhone: +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.

AXFXs homepage

Pros and Cons

ProsCons
Availability of MT4 trading platformASIC revoked
Wide range of trading instrumentsInaccessible website
Multiple account typesWide spreads
MT4 available
Demo accounts

Is AXFX Legit?

Regulated CountryRegulatorRegulated EntityStatusLicense TypeLicense No.
Is AXFX Legit?
Australia Securities & Investment Commission (ASIC)AXFXPV PTY LTDRevokedAppointed Representative (AR)1287576
Regulated by ASIC
Is AXFX Legit?

What Can I Trade on AXFX?

Tradable InstrumentsSupported
CFDs
Forex
Precious Metals
Stock Index
Cryptocurrencies
Bonds
Options
ETFs
Forex

Precious metals

CFDs

Stock index

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.

STP Standard account

ECN Advanced account

VIP Institutional account

Leverage

Account TypeMaxLeverage
STP Standard1:400
ECN Advanced1:400
VIP Institutional1:100

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 PlatformSupportedAvailable DevicesSuitable for
MT4Mobile (iPhone & Android), computer (PC & Mac), tablet (iPad & Android)Beginners
MT5/Experienced traders
Trading Platform

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Australia Appointed Representative(AR) Revoked
  • High potential risk

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