✔️ Information reviewed and updated in April 2024 by Eduardo López

Skycapital opinion

Opinions and information about the Axedo broker

¿It is the broker Axedo (also known as axedo.co) really reliable? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.

Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.

The Axedo broker is a broker of: Forex and CFDs.

The broker mentions to be part of: Standardsk Group Ltd.

Axedo is based in: Saint Vincent and the Grenadines.

If we talk about regulation, the Axedo website says absolutely nothing about being regulated, Axedo is an unregulated broker.

Skycapital website
Axedo website

We will continue to analyze the different account types that Axedo offers. In the case of Axedo, we note that they have 3 different plans or types of account: the Free Juice Account, the Tequila Account and the Whiskey Account.

Free Juice Account- Minimum initial deposit of $ 250, spread from 1.4, minimum lot size 0.01.

Tequila Account- Minimum initial deposit of $ 1000, spread from 0.4, minimum lot size 0.01.

Whiskey Account- Minimum initial deposit of $ 10000, spread from 0.4, minimum lot size 0.01.

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The platforms used to trade are: the WebTrader platform.

Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that Axedo offers, explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.

Axedo Features

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Additional information about the company

Phone number: 1-888-709-7646  /  1-646-885-6594

E-mail: . [email protected]  - Italy: [email protected] - Germany: [email protected]

Website: axedo.co

Clarification: The investment company Axedo works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.

* Bonuses or promotions: None by the moment

Axedo rating

Caution, scam broker

Caution: unregulated broker

With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.

Why? It is an unregulated broker, based in very unsafe countries, when looking for information and other reviews about Axedo we found a large number of negative reviews.  

August 2020 update: CNMV, the financial regulator of Spain, has reported to Axedo for fraudulent activities.

January 2021 update: CONSOB, Italy's financial regulator, has reported to Axedo for fraudulent activities.

April 2021 update: BaFin, Germany's financial regulator, has reported to Axedo for fraudulent activities.

Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.

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Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

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