About SOLARIS MARKETS LIMITED
Company Background
SOLARIS MARKETS LIMITED is a broker registered in Vanuatu, founded on 23 December 2022. The firm operates under the official domain axi.com, which is commonly associated with the Axi brand. According to public records, the company holds a Financial Dealers Licence from the Vanuatu Financial Services Commission (VFSC), which is currently listed as active.
The Vanuatu registration and VFSC oversight place SOLARIS MARKETS LIMITED outside the major regulatory frameworks of jurisdictions such as the UK, Australia, or Cyprus. This distinction is important for traders to consider when evaluating the level of investor protection and regulatory recourse available.
Regulatory Status
The sole regulator on file is the Vanuatu Financial Services Commission (VFSC), which licenses the company as a Financial Dealer with an active status. VFSC is a smaller offshore regulator that does not impose the same stringent capital requirements, reporting standards, or client fund segregation rules as top-tier regulators like the FCA or ASIC.
As such, while the licence is active, it offers limited oversight compared to major financial hubs. Traders should be aware that this regulatory environment may carry higher risks, and the absence of independent user reviews further complicates the assessment of the broker's operational track record.
Trading Platforms and Instruments
Based on the official website, SOLARIS MARKETS LIMITED/Axi provides access to the MetaTrader 4 and MetaTrader 5 platforms, which are widely used in the retail forex and CFD industry. The broker also offers a proprietary Axi Trading Platform mobile app and a copy trading service called Axi CopyTrade.
The instrument range covers over 220 assets, including forex pairs, indices, commodities, share CFDs, ETFs, and cryptocurrencies. This diversity allows traders to build a multi-asset portfolio under one account. However, it is worth noting that exact spreads, leverage, and trading conditions are not independently verified for this specific Vanuatu entity.
Account Types and Conditions
The website lists three account tiers: Standard, Pro, and Elite. The Standard account typically offers fixed spreads and no commission, while the Pro and Elite accounts provide raw spreads with a commission per trade. The minimum deposit is stated as $5 for card deposits, with other methods requiring higher minimums.
Leverage is offered up to 1:500 for retail clients, though actual limits may vary by instrument and client location. The broker also offers swap-free Islamic accounts and a range of payment methods, including credit/debit cards, PayPal, Skrill, Neteller, and bank transfers.
Deposits and Withdrawals
SOLARIS MARKETS LIMITED supports multiple funding options: credit/debit cards (min $5), cryptocurrencies ($30), PayPal ($10), Skrill ($10), Neteller ($5), and local payment methods like PIX, PayNow, and 1-2Pay. Bank transfers are also available, with minimum amounts displayed at the time of transaction.
The broker does not charge fees for deposits or withdrawals, though third-party fees (e.g., cryptocurrency network fees) may apply. Withdrawal processing times are not specified on the public site, and independent verification of payout efficiency is lacking due to the absence of user reviews.
Target Audience
The broker appears to cater to a global retail audience, with country-specific portal versions for regions including Europe, the UK, Australia, Latin America, Asia, and the Middle East. However, given its VFSC regulation, the entity is likely targeting clients from jurisdictions where offshore brokers are permissible.
The wide range of account types and low minimum deposit ($5) suggest an appeal to beginners and intermediate traders. The availability of advanced tools like Autochartist and Smart Trader Tools may also attract more experienced traders. Nevertheless, cautious traders may prefer regulation from a top-tier authority before committing significant capital.
Overview compiled by FXCanary from regulatory records and public data. full SOLARIS MARKETS LIMITED review