Fees

The purpose of a deposit is to finance your trading activity; therefore, in cases of withdrawal requests without trading activity we have the right to investigate, cancel, and/or impose charges of up to 3.5% or equal to the payment providers processing fee if higher.

Axon Markets considers an account with trading activity to be an account that has executed more than 2 Lots and 4 trade transactions.

With the exception to the above rule, we do not apply any charges for processing transactions; however, your credit card provider, intermediary banks or other payment provider may apply a transaction fee or commission that is beyond our control.

We strive to keep costs to a minimum, however, as with all brokers there are some costs relating to trading such us Spreads, Swaps (and commissions on selected account types) that will apply. We have summarised these on our Symbol conditions page for your convenience.

No. We do not charge any management fees and you will not be charged for opening an account with us.