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AXOFA review
AXOFA review: regulation (Financial Services Authority : FSA-859/2022), minimum deposit 100, leverage up to 1:500*, platforms and current bonuses.
Trading conditions
- Broker type
- ECN/STP
- Minimum deposit
- 100
- Maximum leverage
- 1:500*
- Minimum spread
- 0.0 Pips
- Platforms
- MetaTrader4, MetaTrader5, MultiTerminal, Mobile Trading, and More
- Instruments
- Foreign Exchange (FX), Commodities, Indices, Shares/Stocks, CFDs, Cryptocurrency
- Account currencies
- USD, EUR
Bonuses
- No deposit bonus
- 5 USD Forex No Deposit Bonus
- Welcome bonus
- 10% Forex Welcome Bonus
- Other promotions
- 10% Forex Deposit Bonus
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort and More
- Withdrawal methods
- Bank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort and More
Company
- Regulation
- Financial Services Authority : FSA-859/2022
- Founded
- 2022
- Country
- St. Vincent and the Grenadines.
- Address
- Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent dan Grenadine. Company Number : 1976.
- Publicly traded
- Yes
- Website languages
- English, Malay, Arabic, Vietnamese, Indonesian
- Phone
- +44 730 8813 444
- Email or Skype
- [email protected]
About AXOFA
Registered Address
AXOFA LTD (UK) : 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX. Company Number : 13744360
AXOFA Markets LLC (SVG) : Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent dan Grenadine. Company Number : 1976
AXOFA pros and cons
Pros
- Regulated by Financial Services Authority : FSA-859/2022
- Low minimum deposit: 100
- Raw spreads from 0.0 Pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- Leverage up to 1:500* magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
AXOFA FAQ
Is AXOFA a safe and regulated broker?
AXOFA was founded in 2022 and is regulated by Financial Services Authority : FSA-859/2022. Client funds are held in segregated accounts. Your protection depends on which AXOFA entity opens your account.
What is the minimum deposit at AXOFA?
The minimum deposit at AXOFA is 100. Payment providers may set their own minimum amount.
What is the maximum leverage at AXOFA?
AXOFA offers leverage up to 1:500*. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does AXOFA offer a no deposit bonus?
Yes. AXOFA offers a no deposit bonus: 5 USD Forex No Deposit Bonus. Bonus terms change often, so confirm them on the broker's website.
Which trading platforms does AXOFA offer?
AXOFA supports MetaTrader4, MetaTrader5, MultiTerminal, Mobile Trading, and More. Mobile trading is available.
Does AXOFA allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does AXOFA offer an Islamic (swap-free) account?
Yes. AXOFA offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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