MetaTrader 5
Four ECN tiers from a 500 USD minimum, all capped at 1:100 leverage, on Windows desktop and iOS or Android mobile terminals. Margin accounts are offered in USD, EUR or BTC.
Runs on
- Windows
- Android
- iOS
Details
Is Axen Broker a scam?
Wikilix independent safety report
76%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5
Axen Broker is a high-risk, unlicensed operation, and we assess the risk of fraud as high. The company that signs up clients, Axen Capital Ltd of Saint Vincent and the Grenadines, states on its own w…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIdentity & transparency7/10 · HighWithdrawals & conduct8/10 · CriticalReputation8/10 · CriticalWebsite claims9/10 · CriticalOperational history5/10 · Moderate
Editorial review
Broker Summary
What Wikilix has recorded about Axen Broker: its history, the licences it holds, its trading conditions and its fees.
Axen Broker Broker Overview
Axen Broker is the retail trading brand of Grupo Axen Capital, a Mexico based group whose own site at lists AXEN Broker as one of several business units alongside AXEN Life, AXEN Health, AXEN Agro, AXEN Work, AXEN Mind and AXEN Energy. The broker trades from and runs a separate client portal at . It offers MetaTrader 5 and cTrader, prices nine ECN account tiers from a 500 USD minimum with leverage capped at 1:100, and quotes around 100 forex pairs within more than 800 instruments across eight asset classes. It holds no confirmed financial regulation.
Axen Broker Regulation and License
No financial regulator is on record for Axen Broker and no licence number is published, so the position is an absence of regulation rather than a claim awaiting confirmation. The companies the broker names in its own contact and legal material are Axen Capital Ltd, at Suite 305, Griffith Corporate Center, Kingstown, Saint Vincent and the Grenadines; AXEN LIFE DMCC, registration number DMCC-933489, at Unit 3300, Mazaya Business Avenue BB2, Jumeirah Lakes Towers, Dubai, United Arab Emirates; and AXEN TRADING CURRENCIES IN SPOT MARKET LLC in the United Arab Emirates. Those are corporate registrations as the broker itself publishes them. A company registration is not a financial licence and brings with it no supervision of client money or trading activity.
Is Axen Broker Regulated?
No. There is no confirmed financial regulation for Axen Broker in any jurisdiction, and no authorisation number that a prospective client could look up on a regulator's register. Clients therefore deal with the firm without the statutory protections an authorised broker carries, including any investor compensation scheme or regulator backed complaints route.
Is Axen Broker Safe?
Axen Broker carries the risks that follow from being unregulated: no authority supervises how it holds client money, and there is no official escalation route if a withdrawal or a dispute goes wrong. Its Security of Funds page states that client money is received into bank accounts held separately from the company's own, with major global banks, and is not part of the company's balance sheet. That is the broker's own statement and nothing independently confirms it. Against that, the broker publishes specific and consistent account terms and runs a working client portal, which is more disclosure than many unregulated operators provide.
Axen Broker Account Types
Axen Broker prices nine accounts, all described as ECN and all capped at 1:100. On MetaTrader 5 there are four tiers: ECN-ZeroCommission from 500 USD, ECN-Standard from 1,000 USD, ECN-Business from 2,500 USD and ECN-Professional from 5,000 USD. On cTrader there are two: ECN-Standard from 1,000 USD and ECN-Professional from 5,000 USD. Alongside these it offers Copy Trading, PAMM and MAM managed solutions, for which no minimum or leverage of their own is published. Margin accounts are available in USD, EUR or BTC.
Axen Broker Spreads, Commissions and Fees
Costs are charged as a per lot commission that varies by tier rather than through a published spread. On MetaTrader 5 the forex commission is 0 USD per lot on ECN-ZeroCommission, 5 USD on ECN-Standard, 9 USD on ECN-Professional and 12 USD on ECN-Business. On cTrader it is higher, at 15 USD per lot on ECN-Professional and 20 USD on ECN-Standard. The ladder is not consistent, since the 2,500 USD tier is charged more per lot than the 5,000 USD one. No average spread, deposit fee, withdrawal fee or inactivity fee is published, so the full cost of trading cannot be established from the broker's own disclosures.
Axen Broker Leverage
Maximum leverage is 1:100, and it is the same on every tier and on both platforms.
Axen Broker Trading Platforms
Axen Broker offers MetaTrader 5 and cTrader. MetaTrader 5 is provided as a Windows desktop terminal and as iOS and Android mobile apps. cTrader is provided for Windows desktop and in the browser, and is the platform the broker associates with raw spreads and the wider instrument range. The broker publishes no download links of its own, and access is arranged through the client portal.
Axen Broker Deposits and Withdrawals
Bank transfer is the only funding channel Axen Broker documents on its own site. Its Security of Funds page describes payments being accepted by transfer through banks and payment systems and converted into US dollars. Card, e-wallet and cryptocurrency funding are also recorded for the broker, but the site publishes no deposits and withdrawals page and names no payment provider, and its Public Offer says only that the client selects a payment instrument in the Personal Cabinet and that fees and spreads vary with the legal entity providing the service. No minimum, maximum, fee or processing time is published for any channel, which is a material gap for anyone planning how to move money in and out.
Axen Broker Support
Support is offered in Spanish and English, by telephone on +52 443 946 0581 and by email at support@axenbroker.com, with hola@axencapital.com for general group enquiries and compliance@axenbroker.com for complaints. The broker gives its hours as Monday to Friday around the clock for markets and technical support, with client service and operations from 9:00 to 18:00 Mexico Central Time. There is no live chat. Public accounts are maintained on Facebook and Instagram.
Axen Broker Pros and Cons
Strengths:
- specific and consistent terms across nine account tiers
- two established platforms, MetaTrader 5 and cTrader, with desktop, mobile and browser access between them
- a working client portal and account opening route
- named legal entities, with a published address and a registration number for the Dubai company
- managed options in Copy Trading, PAMM and MAM
Limitations:
- no confirmed financial regulation in any jurisdiction and no licence number to check
- no published spreads, funding fees, limits or processing times
- bank transfer is the only funding channel the site itself documents
- a commission ladder that charges the 2,500 USD tier more per lot than the 5,000 USD tier
- the group site is currently a maintenance page
Axen Broker Review and Assessment
Axen Broker is an unregulated, Mexico focused ECN broker with a reasonably clear trading proposition: two mainstream platforms, nine tiers from 500 USD, a flat 1:100 cap and commission based pricing. What is absent is everything a client would fall back on if something went wrong, since no regulator supervises the business, no licence number can be checked and the site publishes no payment terms at all. The absence of regulation, rather than the account terms, is the most important consideration before funding an account, together with the fact that deposit and withdrawal conditions are nowhere published.
Website archive
Website snapshots
8 full-page captures of Axen Broker's own site, archived so what they said can still be read after the pages change.
8 pages
Regulation check
Regulatory Licenses
We have not confirmed any regulation for Axen Broker. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for Axen Broker. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
9 account types on record. Minimum deposit from USD 500. Leverage up to 1:100.
9 account types
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| ECN-ZeroCommission (MT5)Zero · ECN | USD 500 | 1:100 | $0 per lot (Forex) |
| ECN-Standard (MT5)ECN | USD 1,000 | 1:100 | $5 per lot (Forex) |
| ECN-Business (MT5)ECN | USD 2,500 | 1:100 | $12 per lot (Forex) |
| ECN-Professional (MT5)Pro ECN · ECN | USD 5,000 | 1:100 | $9 per lot (Forex) |
| ECN-Standard (cTrader)ECN | USD 1,000 | 1:100 | $20 per lot (Forex) |
| ECN-Professional (cTrader)Pro ECN · ECN | USD 5,000 | 1:100 | $15 per lot (Forex) |
| Copy TradingCopy Trading · Copy & Managed | Not recorded | Not recorded | Not recorded |
| PAMMPAMM · Copy & Managed | Not recorded | Not recorded | Not recorded |
| MAMMAM · Copy & Managed | Not recorded | Not recorded | Not recorded |
Client acceptance
Country availability
Where Axen Broker says it will and won't take clients
23 countries
Confirmed blocked
Named in the broker's own terms
AUAustraliaBQBonaire, Sint Eustatius and SabaCACanadaCWCuraçaoUSUnited StatesGWGuinea-BissauMPNorthern Mariana IslandsJPJapanLRLiberiaFMMicronesiaPFFrench PolynesiaRURussia
Show 4 moreShow fewer
SSSouth SudanSJSvalbard and Jan MayenTLTimor-LesteTRTürkiye
Covered by a parent block
Territories a blocked country carries with it
PRPuerto RicoGUGuamVIVirgin Islands (U.S.)ASAmerican SamoaNFNorfolk IslandCXChristmas IslandCCCocos (Keeling) Islands
How we know — 9 sources
- 1The refused countries come from the disclaimer in the footer of every page of axenbroker.com, including https://axenbroker.com/terms-conditions/ , https://axenbroker.com/public-offer/ , https://axenbroker.com/aml-policies/ , https://axenbroker.com/kyc-policies/ , https://axenbroker.com/eula/ , https://axenbroker.com/security-funds/ and https://axenbroker.com/risk-notice/ . Its wording: "Los servicios no estan disponibles para residentes ni ciudadanos de: Australia, Bonaire, Canada, Curazao, Estados Unidos de America, Guinea-Bisau, Islas Marianas del Norte, Japon, Liberia, Micronesia, Polinesia Francesa, Rusia, San Eustaquio, Sudan del Sur, Svalbard y Jan Mayen, Timor Oriental y Turquia." Bonaire and San Eustaquio (Sint Eustatius) share one ISO code, BQ, which the broker's own country picker spells "Caribbean Netherlands", so the seventeen named jurisdictions resolve to sixteen codes.
- 2Dependent territories: the disclaimer names the United States and Australia as parents without naming their territories, so Puerto Rico, Guam, the U.S. Virgin Islands, American Samoa, Norfolk Island, Christmas Island and the Cocos (Keeling) Islands are treated as covered by those refusals, not as named refusals. The Northern Mariana Islands stay in the confirmed list because the disclaimer names them itself. Curacao, the Caribbean Netherlands, French Polynesia and Svalbard and Jan Mayen are not included, because their parent states are not refused.
- 3No country is shown as accepted. The registration form at https://my.axenbroker.com/en/auth/sign-up offers an unfiltered 249-entry world country list that includes all sixteen jurisdictions the disclaimer refuses, so it filters nothing and is not an acceptance list; the absence of a block is never treated as acceptance.
- 4Conflict recorded rather than resolved silently: the same registration form both offers the refused jurisdictions in its country picker and defaults the Country field to United States, while carrying the self-declaration "I declare that I am not an American citizen". That declaration and the published disclaimer agree that the United States is not served, so it stays refused, and the picker is an unfiltered list, not a statement of policy. Both pages: https://my.axenbroker.com/en/auth/sign-up and https://axenbroker.com/terms-conditions/ .
- 5The catch-all wording in the same footer, "Ningun contenido de este sitio constituye ... ni una oferta en jurisdicciones donde dicha oferta sea contraria a la ley", names no country and no clear category of countries, so it adds none.
- 6The United Arab Emirates is neither accepted nor refused. https://axenbroker.com/uae/ states "This UAE website is currently restricted while AXEN LIFE DMCC completes requirements with the Virtual Assets Regulatory Authority. Access is restricted. UAE-only content will be available after review.", while https://axenbroker.com/public-offer/ says the group's spot and CFD entity "provides spot currency and CFD trading services within the UAE (outside of VARA's jurisdiction) and internationally". The two statements do not agree, so the United Arab Emirates is neither accepted nor refused.
- 7https://axenbroker.com/en/ serves a notice headed "Restricted Access" reading "AXEN BROKER does not offer services in this jurisdiction. Access to this website and its services is not available in your region." It names no country, so it adds none to either list, but it does show the broker operates a regional block and routes refused visitors to a notice.
- 8The site publishes no dedicated restricted-countries page and no FAQ or help centre: the published page list at https://axenbroker.com/page-sitemap.xml contains no such page, and a site search for "restricted countries", "paises restringidos" and "jurisdicciones" returned only the terms document and the Restricted Access notice. No deposit or withdrawal page is published either, and the AML and KYC policies carry the footer disclaimer and no restriction of their own.
- 9Iran is listed neither as accepted nor as refused. The disclaimer does not name it, no page on the broker's own domains mentions Iran, rial rails or Persian-language onboarding, and the site publishes no Persian variant: the published page list has no such path. Its presence in the registration picker is not acceptance, for the same reason the picker adds nothing to the accepted list.
Deposits & withdrawals
Funding Methods
4 ways to fund an account.
4 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Bank TransferBank TransferThe broker's public website publishes no deposits and withdrawals page and names no payment brand anywhere. Its Public Offer states that the client selects a payment instrument in the Personal Cabinet, and that fees and spreads vary by the legal entity providing the service with the detail held in the respective Client Portal, so no fee, limit or processing time for this channel is published publicly. The Security of Funds page states that client money is received into bank accounts separate from the Company's own, held with major global banks, and is not part of the Company's balance sheet. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recorded |
| Credit/Debit CardCredit Card1 | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recorded |
| E-walletsE-Wallet1 | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recorded |
| CryptocurrencyCryptocurrency1 | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Not recorded |
Broker's notes on these methods
- No authoritative numeric limits, fees, or processing times published; withdrawal delays and denials reported by users. · applies to 3 methods
Trading software
Trading Platforms
2 trading platforms on record: MetaTrader 5 and cTrader.
2 platforms
cTrader
Two ECN tiers from a 1,000 USD minimum, both at 1:100 leverage with raw spreads and access to more than 800 instruments across eight asset classes, on Windows desktop and web.
Runs on
- Windows
- Web
Details
Websites
Global Domains
4 domains on record. 3 active.
4 domains
Legal entities
Corporate Network
3 legal entities behind the Axen Broker brand.
3 entities
- Axen Capital LtdActiveSaint Vincent and the Grenadines
- AXEN LIFE DMCCActiveUnited Arab EmiratesRegistration DMCC-933489
- AXEN TRADING CURRENCIES IN SPOT MARKET LLCActiveUnited Arab Emirates
Company registry check
Company Registration
Axen Broker names Axen Capital Ltd as the operating company. We could not confirm that registration on the registry.
Not confirmed on registry
- Legal entity
- Axen Capital Ltd
- Jurisdiction
- Saint Vincent and the Grenadines
- Registry
- Saint Vincent and the Grenadines Commerce and Intellectual Property Office
- Registered address
- Suite 305, Griffith Corporate Center, Kingstown, Saint Vincent and the Grenadines
Peer comparison
Brokers worth comparing
3 other brokers on the record share what Axen Broker offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
Axen Broker
This recordMexico · since 2021· Axen CapitalWikilix score 35.0RegulationNo RegulationMax leverage1:100Platforms2LicencesNot recordedGlobal Next Trade
Mexico · since 2019· GNT Capital LTDWikilix score 39.0RegulationOffshoreCIMAMax leverage1:300Platforms1Licences1MondFx
Saint Lucia · since 2024· Mond Trades Ltd.Wikilix score 35.0RegulationRegulatedMASMax leverage1:500Platforms3Licences1CloverGate Capital
Comoros · since 2023· Clovergate Capital LimitedWikilix score 35.0RegulationNo RegulationMax leverage1:1000Platforms1LicencesNot recorded
Frequently Asked Questions
Frequently Asked Questions
Common questions about Axen Broker
Most Popular Questions
Accounts are opened through the broker's client portal at my.axenbroker.com, which carries the registration and login route. The lowest entry point is the 500 USD ECN-ZeroCommission tier on MetaTrader 5. Because the broker holds no financial licence, there is no supervised onboarding standard behind that process.
Axen Broker is not regulated by any financial authority, so no supervisor oversees how it holds client money and there is no official complaints or compensation route. Its Security of Funds page states that client money is received into bank accounts held separately from the company's own at major global banks, which is the broker's own statement rather than an independently confirmed fact. Its corporate registrations in Dubai and in Saint Vincent and the Grenadines show that companies exist; they are not financial licences and carry no client protection.
Around 100 forex pairs, within a range the broker puts at more than 800 instruments across eight asset classes. The wider range is the one it associates with its cTrader offering. The broker does not publish a full instrument list, nor separate counts for shares, indices, commodities or cryptocurrencies.
Bank transfer is the only channel the broker documents on its own site, where its Security of Funds page describes payments being accepted through banks and payment systems and converted into US dollars. Card, e-wallet and cryptocurrency funding are also recorded for the broker, but the site publishes no deposits and withdrawals page and names no payment provider. Its Public Offer states only that the client chooses a payment instrument inside the Personal Cabinet and that fees vary with the legal entity providing the service, so no limits, fees or withdrawal times are published.
Costs are charged as a commission per lot rather than through a published spread. In forex that is 0 USD per lot on MetaTrader 5 ECN-ZeroCommission, 5 USD on ECN-Standard, 9 USD on ECN-Professional and 12 USD on ECN-Business, and on cTrader 15 USD on ECN-Professional and 20 USD on ECN-Standard. No average spread, deposit fee, withdrawal fee or inactivity fee is published, so the total cost of trading cannot be worked out from the broker's own disclosures.
Nine, all described as ECN and all capped at 1:100 leverage. MetaTrader 5 carries four tiers, ECN-ZeroCommission from 500 USD, ECN-Standard from 1,000 USD, ECN-Business from 2,500 USD and ECN-Professional from 5,000 USD, and cTrader carries ECN-Standard from 1,000 USD and ECN-Professional from 5,000 USD. Copy Trading, PAMM and MAM managed options are also offered, with no minimum or leverage published for them.
Axen Broker is the trading brand of Grupo Axen Capital, a Mexico based group that lists it as one of several business units. The companies the broker names in its own material are Axen Capital Ltd in Kingstown, Saint Vincent and the Grenadines, AXEN LIFE DMCC in Dubai with registration number DMCC-933489, and AXEN TRADING CURRENCIES IN SPOT MARKET LLC in the United Arab Emirates. These are company registrations as the broker publishes them, and a company registration is not a financial licence.
Axen Capital offers a maximum leverage of 1:100. This leverage level allows traders to control larger positions relative to their account balance, but also increases risk exposure.
Support is by telephone and email, not live chat, which the broker does not offer. The contact points are +52 443 946 0581, support@axenbroker.com for support, hola@axencapital.com for general enquiries and compliance@axenbroker.com for complaints, with service in Spanish and English. Hours are given as Monday to Friday around the clock for markets and technical support, and 9:00 to 18:00 Mexico Central Time for client service and operations. The broker also maintains public Facebook and Instagram accounts.
The lowest minimum is 500 USD, on the ECN-ZeroCommission tier for MetaTrader 5. The other priced tiers start at 1,000 USD, 2,500 USD and 5,000 USD on MetaTrader 5, and at 1,000 USD and 5,000 USD on cTrader. Bank transfer is the only funding channel the broker documents on its own site; card, e-wallet and cryptocurrency funding are also recorded, but no minimum, fee or processing time is published for any of them.
Axen Broker offers MetaTrader 5 and cTrader. MetaTrader 5 is provided as a Windows desktop terminal and as iOS and Android mobile apps, while cTrader runs on Windows desktop and in the browser. Neither platform is offered on every device, and the broker publishes no download links of its own, so access is arranged through its client portal.
Axen Capital is currently not regulated by any financial authority. This means it does not hold licenses that typically ensure regulatory oversight and investor protection.
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