AX Financials is a forex and Contract for Difference (CFD) broker that was established in the United Kingdom in 2023. The company, formerly known as AX FINANCIALS LIMITED, is headquartered in London and has a branch in Turkey. It primarily offers CFD trading services in forex, precious metals, indices, commodities, energy, and more. The broker's official website is https://axfinancials.com/, and it supports multiple languages, including English, Arabic, Kurdish, Persian, and French.
Company Background:
AX Financials is a forex broker established in the United Kingdom. The company claims to have the registration number 14770998. However, according to information obtained from the UK Companies House using the provided registration number, the main entity appears to be AXF LIMITED, not AX FINANCIALS LIMITED as displayed on the official website. The director of the company is DIA, Youssef, with Lebanese nationality. According to Whois information, the broker's official website domain was registered on March 4, 2019.
Regulatory Information:
AX Financials is not regulated by any regulatory authority. This lack of regulation may pose higher risks in terms of asset security, investor protection, and risk management compared to regulated brokers. Investors should exercise caution when considering the services of this broker to protect their financial assets.
Trading Products:
AX Financials offers a variety of financial instruments for trading, including:
Forex: Opportunities to trade various currency pairs in the forex market. Forex CFDs allow investors to speculate on the price movements of one currency relative to another. Examples of available currency pairs include EUR/USD, GBP/USD, USD/JPY, and more.
Precious Metals: CFDs on precious metals like gold and silver, providing trading opportunities based on price fluctuations. Precious metals CFDs allow investors to trade without owning the physical assets, potentially profiting from price movements.
Indices: Index CFDs enable investors to trade based on the price performance of market indices without the need to purchase or sell the actual constituent stocks or assets.
Commodities: CFDs on commodities, including raw materials like crude oil, copper, and iron ore. These CFDs allow investors to participate in various commodity markets without holding physical commodities.
These products not only offer investors access to different financial markets but also allow for risk management through diversified portfolios.
Trading Platform:
AX Financials offers the widely recognized MT4 and MT5 trading platforms for forex trading. These platforms are known for their advanced trading features and a variety of analytical tools. Through MT4 or MT5, investors can access real-time market data and use various technical indicators and charting functions to analyze market trends.
Account Registration:
The AX Financials official website provides registration links for both demo accounts and live accounts. Users can choose to register for either type based on their preferences. The registration process involves the following steps:
Open the AX Financials official website and click on "Demo Account" or "Live Account" in the upper right corner.
Fill in the required information, such as email and password, to complete the account registration.
Account Types:
AX Financials offers both demo accounts and live accounts, but specific information about live account types, leverage, spreads, commissions, and other details is not disclosed. This lack of information may result in uncontrolled trading risks for investors.
Deposits and Withdrawals:
AX Financials supports various deposit and withdrawal methods, including PayPal, Mastercard, Webmoney, VISA, and more. Investors can choose the method that suits their circumstances.
Restricted Regions:
AX Financials does not provide services to residents of the following regions: Afghanistan, Belgium, Bosnia and Herzegovina, Burundi, Eritrea, Gaza Strip, Haiti, Japan, Laos, Libya, Myanmar, North Korea, Somalia, South Sudan, Sudan, the United States, Venezuela, West Bank, and Yemen.
Customer Support:
Investors can access AX Financials' customer support 24 hours a day through phone and email.
Summary:
AX Financials provides users with trading opportunities in various financial products. However, the broker lacks detailed information about live account types, spreads, commissions, and is not regulated by any supervisory authority. Currently, this broker is marked as "Not Regulated" on TraderKnows. Users should exercise caution when considering the services provided by this company to protect their financial assets and avoid potential scams.
