2022-05-11 We Have Confirmed Upon Review That AXIA Is An Unregulated FX Dealer
AXIA Claims To Be A Reliable Dealer, But Has Provided Neither Detailed Information About Its Regulation Nor Legal Documents (terms And Conditions, Risk Disclosure And Privacy Policy, Etc.). Lack Of The Above Information May Be A Distinct Characteristic Of An Unlicensed Dealer, As Compliance Dealers Always Display Their Certifications And Operating Licenses In A Prominent Position. This Is A Red Flag.
Additionally, AXIA Shows That Its Corporate Office Address Is In Hong Kong. However, We Did Not Find Any Results Matching AXIA In The Hong Kong Securities And Futures Commission (HK SFC). This Means That AXIA Is Not Regulated By Any Regulatory Authority. Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Overview Of AXIA
Founded In 2020 And Headquartered In Hong Kong, AXIA Is A Forex And CFD Broker Offering 60 Currencies, Precious Metals, Various Commodities And CFDs. However, AXIA Operates Without Any Regulatory Oversight. The Broker Supports The Widely Used MetaTrader 4 (MT4) Platform And Is Available On Multiple Devices Such As Windows, Android, IPhone And IPad. However, AXIA Lacks Transparency Regarding Account Types, Minimum Deposit Requirements, Leverage Options, Spreads, And Others. The Broker's Customer Support Can Be Contacted Via Email, Phone, And Physical Address. Unfortunately, AXIA Does Not Currently Provide Any Educational Resources To Its Clients.
Pros And Cons
AXIA Offers Multiple Trading Options, Including CFDs, Precious Metals, And Commodities. The Trading Experience Can Be Enhanced By Using The Popular MT4 Platform. However, AXIA Operates Without Regulation. There Is A Lack Of Transparency Regarding Account Types, Spreads, Commissions, Leverage, And Others. Additionally, The Lack Of Educational Resources Limits The Support Traders Can Provide To Upgrade Their Knowledge And Skills.
Market Instruments
AXIA Provides Traders With Currency Pairs, Precious Metals, Commodities, And Contracts For Difference (CFDs). Currency Pairs Involve The Trading Of One Currency Against Another, Making It Easy To Speculate On Exchange Rate Fluctuations. Precious Metals Such As Gold And Silver Are Commodities That Traders Can Use As A Hedge Against Economic Uncertainty. Commodities Include Raw Materials Such As Oil And Agricultural Commodities. Contracts For Difference (CFDs) Help Traders Speculate On Price Movements Of Financial Assets Without Holding The Underlying Asset.
Account Opening Steps
1 Enter Basic Information
Enter Your Name, Email Address, Password And Address.
2 Enter Personal Information
Personal Information Such As Registered Address And Phone Number.
Trading Platform
AXIA Offers The MetaTrader 4 (MT4) Platform, A Commonly Used Platform In The Trading Industry Known For Its Intuitive Design And Powerful Features. MT4 Is Available On Windows, IPhone, IPad And Android Devices, Allowing Traders To Seamlessly Access Their Accounts And Execute Trades From Any Location. MT4 Stands Out For Its Advanced Charting Capabilities, Extensive Range Of Technical Indicators, And Support For Automated Trading Through Expert Advisors (EAs). The Platform Also Offers A Variety Of Order Types And Execution Modes.
Customer Support
Company Address: Room 510, Weixin Commercial Building, 28 Connaught Road West, Hong Kong
Email: Info@axia-phoenix.com
Tel: + 85-2-5617-5482
