Axisby

Axisby is a trading broker registered in the United Kingdom, established on 29 April 2021. The company is based at 130 Old Street, London EC1V 9BD, England. It provides online trading services across multiple asset classes, including forex, indices, commodities, stocks, and cryptocurrencies.

As a relatively young firm, Axisby positions itself as a multi-asset broker catering to traders seeking leveraged exposure to various markets. The broker maintains a presence on Instagram as part of its social media outreach, though detailed public information about its operations remains limited.

Axisby currently holds no regulatory licences from any recognised financial authority. This absence of oversight is a significant consideration for potential clients, as it means the broker is not subject to the standard investor protection mechanisms, such as compensation schemes or mandatory segregation of client funds.

In FXCanary’s assessment, the broker’s risk score is 42 out of 100, classified as 'Guarded'. This score reflects the lack of regulatory status and the limited transparency regarding the company’s owners and operational history. Traders are advised to exercise caution and conduct thorough due diligence before engaging with an unregulated entity.

Axisby offers three account tiers: Basic, Advance, and Pro. The Basic account provides maximum leverage of 1:400, while the Advance account offers a lower maximum leverage of 1:200. The Pro account also features a maximum leverage of 1:400. Minimum deposit requirements for these accounts are not disclosed in public records.

The availability of high leverage, up to 1:400, is a notable feature of the broker. While high leverage can amplify potential gains, it also significantly increases the risk of rapid losses. Traders should carefully consider their risk tolerance and experience level before selecting an account type.

Axisby provides access to five main asset classes: forex, indices, commodities, stocks, and cryptocurrencies. This diverse range allows traders to build a multi-market portfolio from a single account. The specific instruments within each class are not listed in the available facts, but the broker’s offering appears designed to appeal to both retail and experienced traders seeking variety.

The inclusion of cryptocurrencies alongside traditional assets suggests that Axisby aims to cater to the growing interest in digital assets. However, with no regulation, the trading conditions, execution quality, and counterparty risks remain uncertain.

Axisby appears to target traders who are comfortable with high leverage and unregulated trading environments. The broker’s multi-asset offering may attract those looking for a one-stop platform for forex, CFDs, and cryptocurrency trading. However, the absence of regulatory oversight makes it less suitable for risk-averse traders or those who prioritise investor protection.

Given the limited public information and the 'Guarded' risk score, Axisby is best suited for experienced traders who understand the risks of trading with an unregulated broker and who have performed their own background checks. Beginners are strongly advised to consider regulated alternatives.