Axiance Review: Is it Just Another SCAM?

Axiance - logo

No commissions, five hundredth leverage, and up to 100% bonus on the account. Is this possible with a regulated broker? Axiance assures that yes. Maybe there are some other rules for this company? Or is it just another scam? We will figure out these issues and will read the opinions of traders in the reviews.

Axiance General Information

Phone Number
Address CT House, Office 9A, Providence, Mahe, Seychelles
License FSA
Minimum Deposit $100
Assets CFD, Forex
Leverage 1:500
Trading Platform MT4/5

Registration and Client Portal Review

We’d rather call the official website of Axiance very simple. The platform is translated only into English and is full of self-promotion. According to the broker’s assurances, it is a new kind for a new generation. It’s probably because it’s licensed. Apparently, there are no such companies in the world anymore (nonsense). In general, absurd statements are here at every turn. The visitor is directly urged not to wait, but to invest and immediately get a profit. At the same time, Axiance promises zero commissions and huge bonuses.

Axiance - website

At first glance, registration with Axiance is standard. As with almost everywhere, you will need to specify:

  • First and last name
  • Email and phone number
  • Country of residence and password.

You need to confirm your agreement with the terms and conditions.


However, it is not so easy to get into the Axiance Client Portal. The thing is that the broker does not provide services to traders from some European countries. Therefore, registration from such IP addresses is not allowed.

Axiance Trading Conditions

When we started to check the broker’s services in more detail, it turned out that ‘new kind’ and ‘new generation’ are just empty words. Axiance is a typical CFD broker with the most typical trading conditions in the world.

Account Types Review

Axiance does not mention which execution model is used in the trading. There are several types of accounts. They differ slightly in the size of lots, spreads, and minimum deposit. So, to open a Standard account, you can top up with just $100. There is a more advanced so-called Premium account. On it, the minimum deposit is 5 thousand dollars. The most exclusive account is a VIP with a 30 thousand dollars minimum deposit.

All accounts offer a bonus of up to 100% of the deposit. The more «premium» the account, the bigger the bonus. Almost the same rule, only in the opposite direction, applies to spreads. They are floating. The better the account type, the lower the spread’s minimum value will be. Besides, developing an individual investment plan for the client is provided for the premium account.

Trading Platform

Although we did not manage to register in the Client Portal, a few words about the trading platform will still be found. Axiance does not hide that it provides MetaTrader 4 and MetaTrader 5 for trading. These are convenient terminals. The first one is not as advanced as the next version, MT5. However, at least it is much better than the scam platforms that most dealing desks offer. Besides, there are many additional services in MT5.

Axiance — Deposit and Withdrawal of Funds

Unfortunately, there are also no novelties in the methods of depositing and withdrawing money. You can deposit money into the account using a credit card, bank transfer, or e-wallet. Commissions are not charged unless they are provided by the payment system itself. Processing of withdrawal requests usually takes one business day.


Customers are required to verify their accounts for identification and security purposes. According to the Axiance requirements, traders have to provide photos of identity documents and addresses. Also, confirmation of the phone number and payment method may be required. So, the broker may ask you to take a picture of a bank card or get a bank statement.

Additional Options

We did not see any additional interesting services in the description of the trading conditions. At least, Axiance offers all traders access to Trading Central. That is an analytical company that provides forecasts. Brokers usually buy subscriptions to its articles. Then the analytics is simply transmitted to the trading terminal. In MetaTrader, this option is enabled. So you will receive forecasts right during the trading session

Is Axiance a Scam?

Even though Axiance claims to be a first-class broker, there are quite a lot of controversial points. They can make you refuse to cooperate with it.Let’s look at them in more detail.

First, of course, offshore registration alerted us. Brokers are registered in Seychelles and other islands due to the lowered level of control over their work. Naturally, tax avoidance plays an important role. Almost all scammers prefer such jurisdictions. It is unclear only why Axiance does not consider himself to be such.

The next thing that is definitely worth discussing is the Axiance license. How can a broker get this document from the Seychelles FSA? Have a sufficient amount of authorized capital. And a couple more interesting points. Such a license is needed only to provide services to citizens of this jurisdiction. For the rest, the broker may well work without the relevant documents. Well, at least the residents of Seychelles can count on regulation. Domain Info

Checking the domain showed that it was created back in 2005. However, we do not believe in such a long period of the broker’s existence. That’s why we checked the web archive data. In 2020, the site was still empty. Axiance started posting content there only in 2021.

Domain info

Contacts Review

Axiance does not want to talk to clients on the phone. Therefore, there is simply no number in the contacts. However, email is still presented. It may take a long time to respond to emails. So you should be patient when contacting support.

More Details

The Axiance trading conditions clearly hint at fraud. Up to 1 to 500 leverage is almost a direct way for a client to lose a deposit. Besides, the bonus program is also very questionable here. 100% bonus on deposit is quite a lot. Trading conditions for such bonuses rarely allow them to be withdrawn. Axiance provides such a bonus in the form of borrowed funds. The broker can charge this money from the client’s account at any time.

Oh, yes, one more point. Even though you can find data on the Cyprus registration of Axiance on the web, this has nothing to do with reality. The management company, Aerarium Limited, is not registered in Limassol. So, the broker does not have the right to provide services to traders from the EU.

Pros and Cons

  • Small minimum deposit.
  • Access to analytics.
  • Offshore registration.
  • License valid only for one jurisdiction.
  • High leverage.
  • Negative reviews.
  • Poor trading conditions.

Axiance Summary

Axiance - favi

The Axiance license is a very weak consolation and not a guarantee at all. This document does not apply in any way to most traders who work with a broker. That means there is nothing to count on for help from the regulator. It is better to refrain from such a tempting bonus, which will then turn into credit money.

Website information content 4
Client Portal 3
Trading conditions 3
Trading platform 7
Deposit and withdrawal 5
Verification 5
Extra options 3
Licenses and guarantees 4
Work duration 4
Feedback 3

Frequently Asked Questions (FAQ)

What Does Axiance Offer?

The broker offers standard CFD trading on MT4 and MT5 platforms.

How Much Money Should I Invest With Axiance?

The broker has quite loyal trading conditions. It allows you to top up your account with just $100.

Is Axiance Safe?

No, it is a typical offshore broker. Despite the fact that it has a license from the FSA, this document can only be a guarantee for citizens of this offshore state.

robert brewer
Robert Brewer
Chief Expert

Robert is an experienced financial analyst based in California. He covers the most difficult topics on our site.

Robert is an experienced financial analyst based in California. He covers the most difficult topics on our site.

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Client Reviews

  1. Kevin

    There are no advantages

    Since my last broker has deteriorated in many respects, I started working with Axiance.
    There was absolutely no evidence of problems. I even have an old friend who has been working with them for a long time. But I don’t want to stay here for sure. The charts are constantly lagging. It is unclear from whom they received the quotes. Support only ignores our questions. Because of the platform, I lost more than $200. Of course, no one wants to return the money to me.

  2. Shelly

    The broker doesn't care about its clients

    Have you read their user agreement at all? Did you see what they were writing there? These bonuses are also a common barker in a brokerage scam. Don’t pay attention to it. And even more so, never take these stupid bonuses. Axiance can change absolutely anything it wants without explaining the reasons and without notifying clients. Did your order close? They can redraw it. Have you been charged the usual commission? They will easily take off even more. They can cancel a winning order. In short, whatever they want. Also, your account can be blocked/frozen at any time. No one will even tell you the reasons. These are the rules. Do you like it? I don’t think so. And according to the conditions, leverage is 1:500. God forbid to get such leverage.

  3. Percy

    The main disadvantage is that the broker does not withdraw money and ignores me.

    I fell for this forex scam. Now my 500 bucks are stuck with this fake broker. The manager sang so sweetly about easy earnings, that everything is so simple, that you can earn a lot of money, and so on. And what is the result? As a result, I decided to withdraw the money. The request is being processed. This manager has disappeared. They don’t answer me anymore. Don’t get fooled by this nonsense.