Axe Invest has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +44 2080893060, +41225017515 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: axeinvest.com.
Axe Invest locked my account without warning and demanded documents I had already submitted. for the past six months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Copy trading available|Good mobile app|Customizable dashboard|Regular platform improvements
Cons: Some tools only available on higher tiers
KYC with Axe Invest is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Helpful community forum|Fast execution|API access
Cons: Live chat only during business hours|No dark mode on mobile
Axe Invest offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Low minimum deposit|Multi-device support|Automated trading options
Cons: Wait times can be long during peak hours
The platform itself is okay, but the customer service at Axe Invest is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Customizable dashboard|Instant funding|Helpful community forum|Low minimum deposit
Cons: None so far|Minor UI glitches occasionally
I opened an account with Axe Invest since I opened my account last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Fast support response|Regular updates
Cons: Email notifications too frequent
My withdrawal request from Axe Invest has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Fast support response|Instant funding|Fast execution
Cons: Cannot customize dashboard fully|Spreads widen during volatile periods
I wanted to transfer my portfolio from another broker to Axe Invest. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Two-factor authentication|Segregated accounts|Responsive team
Cons: Website design could be more modern|No dark mode on mobile
The reporting at Axe Invest is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Fast deposits|Two-factor authentication|Market news feed|Customizable dashboard
Cons: Withdrawal takes 1-2 business days|Could offer more webinars