Home Forex Brokers Axe Market

Axe Market

6.2 / 10 Overall Score

Website: https://axemarket.com/
Jurisdiction: Romania
Operating Since: 2-5 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: Axe Market
Phone: 4.42E+11
Email: —
Address: 2 FREDERICK STREET KINGS CROSS , LONDON, UNITED KINGDOM, WC1X 0ND

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# Axe Market Company: A Comprehensive Overview

## 1. Company Overview

Axe Market company is a forex and CFD brokerage established in 2022, aiming to provide a wide range of trading services to clients globally. The company operates under the ownership of Erudit An Limited, which is registered in the United Kingdom. Axe Market is headquartered at 2 Frederick Street, Kings Cross, London, United Kingdom, WC1X 0ND, a location recognized as a global financial hub.

Axe Market company targets a global clientele, providing access to various financial markets, including forex, commodities, cryptocurrencies, and stocks. The services are designed to cater to both novice and experienced traders.

## 2. Corporate Development

Since its inception in 2022, Axe Market has focused on expanding its trading instruments and services. In 2023, the company expanded its offerings, including a proprietary trading platform and multiple account types tailored to different trading needs. However, its growth has been hampered by the lack of regulatory approval, which has raised concerns among potential users.

## 3. Corporate Structure and Subsidiaries

Axe Market operates primarily under the ownership of Erudit An Limited. The company does not list any subsidiaries or branches, and there is no detailed internal organization or leadership overview available in the provided data.

## 4. Regulation and Compliance

Axe Market company currently operates without any valid regulatory oversight, which raises significant concerns regarding its operational legitimacy. The lack of regulation means it does not fall under the oversight of any major financial regulatory authority. Consequently, there are no formal client fund protection measures in place, which increases the risks for potential investors.

The company is registered in the United Kingdom, but it does not have a clear legal entity structure in other regions, which could impact its operations and client trust.

## 5. Global Presence and Market Coverage

Axe Market aims to serve clients globally, but specific country restrictions are not detailed. The unregulated nature of the brokerage may limit its ability to operate in certain jurisdictions. The company provides access to a diverse range of financial instruments, appealing to traders interested in various asset classes.

## 6. Financial and Operational Data

The available data does not disclose specific financial metrics, such as employee count or transaction volume. Additionally, there is no information regarding technology or infrastructure investments, ownership, or capital structure updates.

## 7. Reputation and Industry Standing

Axe Market company has received mixed reviews from customers, indicating challenges in retaining clients. The lack of effective regulation and limited information available about the company contribute to concerns about its credibility within the forex and financial community. Various reviews caution potential investors about the risks associated with trading through an unregulated broker.

## 8. Summary

In summary, Axe Market company presents itself as a new entrant in the online trading space, offering a variety of trading services without the backing of regulatory authorities. While it provides access to multiple financial instruments and a proprietary trading platform, potential clients should exercise caution due to the lack of regulation and mixed customer feedback. It is advisable for those considering trading with Axe Market to conduct thorough research and understand the associated risks before proceeding.

Account Types

# Axe Market Account Types

Axe Market offers a variety of account types tailored to different trading needs. Below is a summary of the available account types:

### 1. Standard Account
- **Minimum Deposit Requirement:** $50
- **Spreads:** From 1.5 pips
- **Commission Model:** No commission
- **Leverage Limits:** Up to 1:500
- **Trading Instruments Available:** Stocks, indices, forex, gold, commodities, and cryptos
- **Base Currencies Supported:** USD, JPY
- **Execution Model:** Market
- **Unique Features:** 
  - Negative balance protection
  - Hedging allowed
  - Islamic account available

### 2. Prime Account
- **Minimum Deposit Requirement:** $1,000
- **Spreads:** From 0.6 pips
- **Commission Model:** No commission
- **Leverage Limits:** Up to 1:500
- **Trading Instruments Available:** Stocks, indices, forex, gold, commodities, and cryptos
- **Base Currencies Supported:** USD, JPY
- **Execution Model:** Market
- **Unique Features:** 
  - Negative balance protection
  - Hedging allowed
  - Islamic account available

### 3. Raw Spread Account
- **Minimum Deposit Requirement:** $500
- **Spreads:** From 0.00 pips
- **Commission Model:** $3.00 per lot
- **Leverage Limits:** Up to 1:500
- **Trading Instruments Available:** Stocks, indices, forex, gold, commodities, and cryptos
- **Base Currencies Supported:** USD, JPY
- **Execution Model:** Market
- **Unique Features:** 
  - Negative balance protection
  - Hedging allowed

### 4. Leverage Plus Account
- **Minimum Deposit Requirement:** $10
- **Spreads:** From 1.8 pips
- **Commission Model:** No commission
- **Leverage Limits:** Up to 1:2000 (dynamic leverage tiers based on account balance)
- **Trading Instruments Available:** Stocks, indices, forex, gold, commodities, and cryptos
- **Base Currencies Supported:** USD, JPY
- **Execution Model:** Market
- **Unique Features:** 
  - Negative balance protection
  - Hedging allowed
  - Islamic account available

# Axe Market Broker Account Opening Process

To open an account with Axe Market, follow these steps:

1. **Visit the Registration Page:** Go to the Axe Market website and click on the "Open Account" button.
2. **Complete the Application Form:** Fill in your full name, country of residence, mobile phone number, email address, and select the appropriate account type.
3. **Submit Identity Documentation:** You may be required to upload a document for identity verification, such as a driver’s license, national identity card, or passport.
4. **Receive Welcome Email:** After submitting your application, you’ll receive a welcome email with your login details if your identity can be electronically verified.
5. **Log into the Client Portal:** Use the provided MT4 ID and password to access the client portal.
6. **Add Funds to Your Account:** Navigate to the "Add Funds" section and select your preferred payment method.
7. **Verification of Bank Details:** If you wish to withdraw funds, you need to add and verify a bank account.
8. **Start Trading:** Once your account is funded, you can begin trading on the Axe Market platform.

Deposit & Withdrawal

# Axe Market Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## Axe Market Minimum Deposit Explained

### Exact Minimum Deposit Amount
The minimum deposit for Axe Market is set at **$5**. This amount allows traders to start their trading journey with a manageable entry point.

### Account-Type Comparison
Axe Market offers different account types, which may have varying minimum deposit requirements. The standard account requires a minimum deposit of $5, while other account types, such as the premium accounts, may require higher minimum deposits.

### Regional Differences
While the minimum deposit is generally uniform at $5, certain regions may have specific regulations or banking practices that could affect the deposit process. It is advisable for traders to check their regional requirements before proceeding.

### Advantages
1. **Low Entry Barrier**: The $5 minimum deposit makes it accessible for new traders.
2. **Diverse Account Types**: Various account types cater to different trading needs and strategies.
3. **Global Reach**: Axe Market operates in multiple countries, allowing for a diverse user base.
4. **User-Friendly Platform**: The trading platform is designed to be intuitive, making it easier for beginners to navigate.

### Disadvantages
1. **Limited Features on Basic Accounts**: Lower-tier accounts may lack advanced trading features.
2. **Potential Fees**: Some payment methods may incur fees, affecting the overall trading capital.
3. **Withdrawal Restrictions**: Certain withdrawal methods may require higher minimum amounts compared to deposits.
4. **Regulatory Variations**: Different regions might have unique regulations that could complicate trading.

### Competitor Comparison
Compared to competitors in the forex trading space, Axe Market’s minimum deposit is relatively low. Many brokers require a minimum deposit of $100 or more, making Axe Market an attractive option for new traders.

## Axe Market Deposit Methods Comprehensive Guide

### List of Deposit Methods
1. **Credit/Debit Card**
   - **Processing Time**: Instant
   - **Fees**: Free
   - **Availability**: Widely accepted
   - **Limits**: Minimum $5
   - **Pros**: Immediate access to funds; user-friendly.
   - **Cons**: Some banks may treat it as a cash advance.

2. **Bank Transfer**
   - **Processing Time**: 1-3 business days
   - **Fees**: Free, but may incur bank charges
   - **Availability**: Global
   - **Limits**: Minimum $50
   - **Pros**: Secure method; suitable for larger deposits.
   - **Cons**: Slower processing time.

3. **E-wallets (Skrill, Neteller)**
   - **Processing Time**: Instant
   - **Fees**: Free
   - **Availability**: Global
   - **Limits**: Minimum $5
   - **Pros**: Fast transactions; enhanced privacy.
   - **Cons**: Requires account setup with the e-wallet provider.

4. **Cryptocurrency**
   - **Processing Time**: Up to 15 minutes
   - **Fees**: Free
   - **Availability**: Available for select cryptocurrencies (e.g., BTC, ETH)
   - **Limits**: Minimum $30
   - **Pros**: Fast and decentralized; no bank involvement.
   - **Cons**: Volatility in cryptocurrency values.

5. **Local Payment Options (varies by region)**
   - **Processing Time**: Instant to 12 hours
   - **Fees**: Free
   - **Availability**: Specific to countries (e.g., local bank transfers)
   - **Limits**: Minimum varies by method
   - **Pros**: Convenient for local traders; often instant.
   - **Cons**: Limited to certain regions.

### Supported Currencies and Recommended Methods
Axe Market supports multiple currencies, including USD, EUR, and GBP. For the fastest transactions, credit/debit cards and e-wallets are recommended, as they offer instant processing times.

## Axe Market Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log into the Client Portal**: Access your Axe Market account using your credentials.
2. **Navigate to 'Add Funds'**: Click on the 'Funds' section and select 'Add Funds'.
3. **Select Payment Method**: Choose your preferred deposit method from the available options.
4. **Enter Amount**: Specify the amount you wish to deposit, ensuring it meets the minimum requirement.
5. **Submit Transaction**: Confirm your details and submit the deposit request.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms. However, the mobile interface may have slight variations in layout and navigation.

### KYC Notes and Common Issues
Axe Market requires KYC (Know Your Customer) verification for first-time deposits. Common issues include uploading incorrect documents or mismatched names on accounts. To resolve these, ensure all documents are clear and match the account name.

### Typical Fund Crediting Times
Deposits via credit/debit cards and e-wallets are credited instantly, while bank transfers may take 1-3 business days to reflect in your trading account.

## Axe Market Withdrawal Methods Overview

### Available Withdrawal Channels
1. **Bank Transfer**
   - **Processing Time**: 1-3 business days
   - **Fees**: Free (may incur bank charges)
   - **Limits**: Minimum $50
   - **Pros**: Reliable and secure.
   - **Cons**: Slower compared to other methods.

2. **E-wallets (Skrill, Neteller)**
   - **Processing Time**: Instant
   - **Fees**: Free
   - **Limits**: Minimum $5
   - **Pros**: Immediate access to funds; easy to use.
   - **Cons**: Requires setup with the e-wallet provider.

3. **Cryptocurrency**
   - **Processing Time**: Up to 15 minutes
   - **Fees**: Free
   - **Limits**: Minimum $30
   - **Pros**: Fast and decentralized.
   - **Cons**: Volatility in cryptocurrency values.

### Recommended Options by Cost and Speed
For quick access to funds, e-wallets are recommended due to their instant processing times. Bank transfers are more secure but slower.

## Axe Market Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log into the Client Portal**: Access your account.
2. **Select 'Withdraw Funds'**: Click on the funds section and choose 'Withdraw Funds'.
3. **Choose Withdrawal Method**: Select your preferred withdrawal method.
4. **Enter Amount**: Specify the amount you wish to withdraw.
5. **Submit Request**: Confirm your details and submit the withdrawal request.

### ID Verification Requirements
For the first withdrawal, users must verify their identity by submitting proof of ID and a recent bank statement. This is crucial for compliance with anti-money laundering regulations.

### Expected Fund Arrival Time
Withdrawal requests are typically processed within 1-3 business days. However, the actual arrival time may depend on the bank or payment provider.

### Typical Delay Reasons and Fixes
Delays can occur due to incorrect account details or additional verification requirements. To avoid this, ensure all submitted information is accurate and matches your registered account details.

## FAQs – Axe Market Deposits & Withdrawals

### What is the minimum deposit for Axe Market?
The minimum deposit for Axe Market is **$5**.

### How long do withdrawals take?
Withdrawals typically take **1-3 business days** to process, depending on the method used.

### Are there fees for deposits or withdrawals?
Axe Market does not charge fees for deposits or withdrawals; however, third-party fees may apply.

### Can the same method be used for both?
Yes, the same method used for deposits can generally be used for withdrawals, except for some specific cases.

### Are crypto or local methods supported?
Yes, Axe Market supports cryptocurrency deposits and withdrawals as well as various local payment methods depending on the region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

Axe Market

Axe Market

Score Breakdown

Company & Contact

In-Depth Broker Review

Subscribe to our Newsletter