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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

AXEN BROKER

Spain Spain | 2-5 years |
Suspicious Regulatory License | MT5 Full License | Regional Brokers | High potential risk

https://axenbroker.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

AxenBroker-Live

United Kingdom
United Kingdom
MT5
1

Influence

C

Influence index NO.1

Mexico Mexico 3.23

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
AxenBroker-LiveMT5
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

C

Influence index NO.1

Mexico Mexico 3.23
Surpassed 18.80% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

https://axenbroker.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Spain
Operating Period
2-5 years
Company Name
AXEN BROKER
Related Software
Biz Area
Website
Genealogy
Related Companies
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
164.00
velocityIcon
Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Meta Trader 5
Perfect

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Official Website

Website

  • axenbroker.com
    162.240.66.99
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

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AXEN BROKER

Related Companies

Axen Capital AG(Switzerland)
Switzerland
Axen Capital AG(Switzerland)
Active
Switzerland
Registration No.715996
Established
Related sourcesWebsite Announcement

Company Profile

Company Profile

Review summary

Axen Broker Review Summary
Founded2021
Registered CountrySpain
RegulationNo regulation
Market InstrumentsForex, Commodities, Cryptos, Indexes, Stocks, ETFs
Demo Account/
LeverageUp to 1:100
SpreadRaw spread from 0.0 pips (Standard account)
Trading PlatformMetaTrader (MT5), cTrader, AxenTrader
Copy Trading
Minimum Deposit$500
Customer SupportWhatsApp, Instagram, Telegram

Axen Broker Information

Axen Broker, founded in 2021, is an unlicensed trading platform situated in Spain. It provides access to over 100 products across eight asset classes, including Forex, cryptocurrency, stocks, and ETFs, via MetaTrader, cTrader, and its proprietary AxenTrader. While it offers a variety of account kinds and social trading capabilities, it lacks regulatory control and does not accept demo or Islamic accounts.

Axen Broker's homepage

Pros and Cons

ProsCons
Multiple account types for different trading needsNo regulation
Supports MetaTrader, cTrader, and AxenTrader platformsNo demo or Islamic account options
Offers copy trading, PAMM, and MAM featuresHigh commissions on some accounts (e.g., cTrader)

Is Axen Broker Legit?

No, Axen Broker is not regulated. It is situated in Spain, although the CNMV (Comisión Nacional del Mercado de Valores), Spain's official financial regulatory authority, does not license or monitor it.

No license

WHOIS domain information says that axenbroker.com was registered on December 22, 2021, and will be up for grabs on December 22, 2025. It was last changed on December 9, 2024, and it says “client delete prohibited” and “client transfer prohibited.”

Domain information

What Can I Trade on Axen Broker?

Axen Broker provides traders with access to over 100 trading instruments across eight key asset classes, including 100+ Forex pairs, crypto CFDs, metals, energy, indices, stocks, ETFs, and NDFs. It enables CFDs for both spot and futures for a number of asset types, giving investors a wider range of trading options.

Tradable Instruments Supported
Forex
Commodities
Cryptocurrencies
Indexes
Stocks
ETFs
Bonds
Options
What Can I Trade on Axen Broker?

Account Type

Axen Broker has six types of live trading accounts that work with both MetaTrader and cTrader. Their website doesn't say anything about demo or Islamic accounts.

Trading PlatformAccount TypeMinimum DepositSpreadCommissionSuitable for
MetaTraderZero$500Medium$0Beginners wanting zero commission
Standard$1,000Small$5 per lotIntermediate traders
Business$2,500Raw$12 per lotExperienced traders
Pro$5,000$9 per lotProfessional traders
cTraderStandard$1,000$20 per lotTraders preferring cTrader platform
Pro$5,000$15 per lotAdvanced cTrader users
Account comparison

Leverage

All account types and platforms at Axen Broker can use a maximum leverage of 1:100. Traders can handle bigger positions with less money by using leverage, which can make both earnings and losses bigger.

Axen Broker Fees

Axen Broker's trading costs range from modest to high when compared to industry standards. Although spreads are competitive in some accounts, commissions, particularly on cTrader, can be much higher.

Trading PlatformAccount TypeSpreadCommission
MetaTraderZeroMedium$0
StandardSmall$5 per lot
BusinessRaw$12 per lot
Pro$9 per lot
cTrader Standard$20 per lot
Pro$15 per lot

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader (MT5)Desktop (Windows), Mobile (iOS, Android)Experienced traders
cTraderDesktop (Windows), WebAdvanced traders
AxenTraderWeb-basedSocial trading users
Trading Platform

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High potential risk

Wiki Q&A

How is the fund security of AXEN BROKER evaluated?

AXEN BROKER's fund security carries significant risk, as it operates without any valid financial regulatory licenses. This means client funds are not held in segregated accounts under a major regulatory framework, and traders lack access to standard compensation schemes or formal dispute resolution channels typically provided by bodies like the FCA or ASIC.

Two days ago
United States

Is AXEN BROKER regulated?

No, AXEN BROKER is an unregulated broker. It does not hold a verifiable license from any major global financial authority, which classifies its operations as lacking independent, credible oversight and the investor protection mandates that come with formal regulation.

Two days ago
United States

When was AXEN BROKER established?

AXEN BROKER has been operating in the regional market of Spain for an estimated 2 to 5 years. Detailed account terms, such as minimum deposit requirements, leverage specifications, and funding methods, are not publicly disclosed by the broker.

Two days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Two days ago
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Two days ago
United States
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