Axon Markets
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"Profits Confiscated - Account Blocked Without Evidence"
What do you like best about Axon Markets?
The MT5 platform itself works as expected and allows normal order placement, but this is entirely overshadowed by the broker’s actions.
What would you improve about Axon Markets?
Respect for client funds and profits. Transparency in accusations. If the broker claims “arbitrage” or “misconfigured prices” they must provide timestamps, trade IDs, and proof, instead of erasing profits without explanation.
Overall
I traded XNGUSD using a straightforward multi-day swing strategy, opening sell trades early in the week based on market analysis and closing them after 2–5 days to avoid weekend risk. The trades were manual, at market price, with no bots, latency exploits, or platform manipulation.
After earning over 16,100 USD in legitimate profit, my account was blocked without warning, and all profits were removed via a “Profit Adjustment.” No payout was made. Axon Markets claimed “arbitrage on misconfigured prices” yet provided no evidence or trade details. Loss trades were left untouched, meaning only winning trades were reversed.
I still have full access to MT5 via a virtual machine, including complete trade logs and journal entries proving normal execution. Support acknowledged one email and then went silent. This is unacceptable conduct for any broker. I have published my full trade history and screenshots publicly to warn others.
Overall
Been using them a few months. Good service. A few more payment options would be nice but execution is slick
