Axe Trades was an unlicensed broker that has binary options and CFD trading. They have been in operation since 2016. They have many assets available to trade on the AirSoft trading platform.
Axe Trades Review
In our review of the Axe Trades website, we found that they have both CFD and binary options trading. They use the AirSoft trading platform which provides both of these trading formats.
This broker has Short term and Long term options to offer. The Short term options have expiry times of 1, 3, 5, 15, 30 and 60 Minutes. And the Long term options have expiry times at 15 minute intervals from the current time to 24 hours ahead.
Axe Trades has a long list of assets to trade. There are over 150 assets in the categories of Currency pairs, including many secondary ones, Indexes, Socks, Commodities, Bond Futures and ETF’s. These assets can be traded both in the binary options format, with profits of up to 86%, and in the CFD format.
We always advise our readers to read a brokers Terms and Conditions page carefully. Being uninformed about the company’s policy is the number one reason for complaints. This is especially true regarding the acceptance of bonuses. Read more about this on our Complaints page.
Axe Trades offers six account packages to choose from. The minimum deposit required for a regular account is $250. Accounts can be funded with credit cards.
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License and Regulation Check
How can you tell if a broker is a scam or not? We look to see if they are licensed by a governmental financial regulator. For example, brokers from Australia will have a license from ASIC and brokers from Cyprus will have a license from CySEC. These licenses indicate that the broker complies with their rules and regulation.
Axe Trades does not have a license.
The Axe Trades website is actually owned and operated by a company called: Rolltrade Solution, LP. Their address is at: Suite 4336 Mitchell House, 5 Mitchell Street Edinburgh, UK EH6 7BDT
Their phone numbers are: United Kingdom: +44 20 3769 6598 or U.S.A.: (617) 830 1088. Email: [email protected] | Website: http://www.AxeTrades.com.