Axe Capital reviews

Axe Capital_logo Axe Capital 0/10 (votes 0)

On-line since: 2019
Country of origin: Saint Lucia
Regulation: -
Payment options: credit/debit card, wire transfer, Neteller, Skrill
Minimum account size: $250
Minimum lot size: -
Leverage: -
Spreads: -

About company

AXE Capital is a broker offering its clients an opportunity to trade currency pairs, shares, commodities, and indices. At the same time, the broker does not have a license from any regulatory body.

AXE Solution Ltd. owns the domain name axecapital.systems. The domain was created relatively recently, in 2019. The company’s headquarters are in Saint Lucia, an island country in the Caribbean Sea.

Trading conditions

AXE Capital offers clients portfolio investment services and they can invest in various types of assets.

The broker provides the following investment solutions:

  • PAMM
  • Season
  • Sprint
  • Intellectual
  • Pro Invest

There is a certain minimum deposit for each investment option. Thus, an initial deposit for PAMM is $250 and $500,000 for Pro Invest.

All the investment solutions differ based on the following parameters:

  • participation (once per quarter or constant)
  • terms of participation
  • level of asset liquidity
  • trading assets
  • withdrawal options
  • level of profit

The broker’s official website features detailed information on each investment solution.

The company also offers several accounts types:

  • Start
  • Silver
  • Gold
  • Diamond
  • Exclusive

Start is suitable for the novice as its minimum deposit is just $250. They also have access to daily market reviews and useful training materials. Traders who choose Start can use the PAMM investment solution as well.

Clients preferring Silver should deposit at least $5,000. This account type has more opportunities for traders. They have access to investment solutions PAMM and Season, expert advisors, free training webinars, as well as a personal guide to the trading platform and a simple strategy.

A minimum deposit for Gold is $20,000. The investment solutions of this trading account are PAMM, Season, and Sprint. Traders choosing Gold can receive compensation of fees charged by payment systems, use expert advisors, and get a personal guide to the trading platform. 4 training webinars and other bonuses are also available.

Clients registering the Diamond account should deposit at least $100,000. The investment solutions of this account type are PAMM, Season, Sprint, and Intellectual. Traders can get compensation of fees charged by payment systems and have access to trading signals, expert advisors, and analysis from Trading Central, as well as a wide range of training materials.

Exclusive is a premium account with an initial deposit of no less than $500,000. All 5 investment solutions are available for this type of account, as well as compensation of fees charged by payment systems. This premium account gives traders an opportunity to use trading signals, expert advisors, and analysis from Trading Central and ECN. In addition, clients have access to all kinds of webinars and an unlimited number of sessions analyzed in terms of simple and advanced trading strategies.

AXE Capital has a proprietary trading platform.

Deposits and withdrawals are by means of credit/debit cards, wire transfer, Skrill, and Neteller. To withdraw funds, a user should sign in to the trading account, click on the Trade button in the upper right of the screen, select the required amount of funds, and click Withdraw. Then, a withdrawal request should be approved by the company’s managers. As soon as the request is approved, traders will be able to withdraw funds using the same payment option when making their initial deposit.

When withdrawing funds, all clients, except for the holders of platinum and black accounts, will have to pay a 3.5% commission of the total withdrawal amount. Meanwhile, the broker does not charge a commission from the holders of platinum and black accounts when they first withdraw funds.

Support service

Clients can contact AXE Capital managers only by email featured on the company’s official website.

Feedback

Traders mainly leave negative comments about the broker, complaining about withdrawal problems, blockage of their trading accounts, and the inability to get in touch with the broker’s management team. Many clients openly say that AXE Capital is a scammer.

Advantages and disadvantages

The main drawbacks are the lack of regulation and negative feedback from traders. Meanwhile, a 24-hour support service could be seen as an advantage if only clients did not complain that they could not always reach out to the support service.

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