|Journal status: |
- Full listing profile: AximTrade broker profile
Is AximTrade safe?
- Investor protection: no
- Regulation: FSC BVI
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is AximTrade trusted?
- Information transparency: sufficient
- Customer service: prompt, helpful
- AximTrade website: highly detailed, updated
- AximTrade popularity (by visitor count): average
How AximTrade works
As a CFD and spot forex market maker AximTrade may have access to information that is not available to you, may have acquired trading positions at prices that are not available to you, and may have interests different from your interest.
3.14.In order to maintain the adequate capacity of the AximTrade trading platforms, you agree that you will not enter into any Transactions on our platforms which fall within our definition of Scalping. AximTrade defines scalping as a trading strategy whereby profits are returned by taking advantage of internet latencies, delayed prices caused by technical issues or other conditions, or where both buy and sell orders are entered at, or nearly at the same time (minimum of 30 seconds is required per opened order). Scalping is considered a serious breach of our Terms and Conditions, and as such, AximTrade may in its absolute discretion close out, replace, reverse any Transactions or close out the Account with immediate effect.