Axedo is an unregulated CFD broker that opened sometime in 2020. They have been banned by CONSOB in Italy. Their official website is located at: https://www.Axedo.co/, however the login website is located at: https://client.axedo.co/sign-in.
For withdrawal problems or complaints, read this.
Axedo Trading Review
Day Traders and Investors at Axedo are given the Status web-based CFD trading platform, which is user friendly, and simple to use. Also available is the standard MT4 desktop trading platform for download. Mobile apps are the default MT4 Android & Apple apps.
A wide range of underlying assets are available for CFD trading including; Major Forex Pairs, Minor Forex Pairs, Crypto Currencies, Metals, Commodities, Indices, and Global Stocks. The minimum deposit requirement for a new trading account is $250, and they use a few different payment processors including; Piastrix and Cashir.Live.
Like most people reading this review, we found this broker because we signed up for the Bitcoin Code trading app. You should really take a few minutes to learn more about algorithm trading apps, see here.
Is Axedo a Licensed Broker?
No, Axedo is not a licensed broker, and they are not regulated by the government. They are actually based in Estonia according to their terms and conditions.
The address they list on their website, is not theirs! That is actually the address for the offices of SogoTrade, which is a FINRA licensed broker. Based on their MT4 software, we could see that their corporate name is Kleinman Enterprise. Contact phone number for Axedo is U.S.A: (646) 459-2749 and their email address is: [email protected].
When the Scam Broker Investigator reviews a new broker to see if they are a scam broker or a legitimate broker, we check for a license from any of the government financial regulators. Using a local brokerage firm, that is licensed in your country ensures that you will not have problems withdrawing your profits. Brokers in Australia must have a license from ASIC, while brokers in England must be regulated by FCA.
Compare Regulated Brokers
New investors looking for a good online broker have many brokers to choose from. An experienced professional trader, will have a multiple trading accounts at different brokers, which they will use depending on the trading conditions.
Existing clients of Axedo are invited to share their experience using this broker with other investors, in the comments section below.