AXIS SPHERE TRADE

According to WikiFX data, AXIS SPHERE TRADE presents a high-risk profile for potential clients. Its WikiFX Score of 1.24 is low, reflecting critical concerns across multiple assessment areas, including regulatory oversight. The broker's operational status is listed as Unverified, and it lacks valid licenses from major financial authorities, resulting in an absence of formal investor protection schemes.

No, AXIS SPHERE TRADE is not regulated. WikiFX assessment indicates the broker holds no valid, active forex trading licenses from any authoritative financial regulators. While the data lists historical or unverified references to licenses from ASIC and CySEC, these are explicitly marked as "Unverified" and are not linked to the broker's operational entity, Axis Sphere Trade Limited. The broker's overall regulatory status is classified as "Unverified."

AXIS SPHERE TRADE offers multiple account tiers with varying minimum deposit requirements. The entry-level BASIC account can be opened with a deposit starting from $300 (or equivalent in GBP/EUR). Higher-tier accounts require larger deposits: the SILVER account requires $700 to $1,999, the GOLD account requires $2,000 to $3,490, and the PLATINUM account requires a minimum deposit of $3,500.

The specific trading platform(s) offered by AXIS SPHERE TRADE are not explicitly detailed. However, the broker's account data confirms support for key features commonly associated with mainstream platforms, including the use of Expert Advisors (EAs) and allowing scalping strategies. Traders are advised to verify the available platform directly through the broker's official channels for confirmation.