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Elaxnet

Brief information about Elaxnet company

Elaxnet specializes in financial services and has been on the market since 2015. The company sets an ambitious goal for itself – a revolution in the field of decentralized currencies. The parent company Elaxnet Group AG successfully conducted an IPO in 2017 and ranks 18th in the global rating of companies working with tokens.

Trading instruments and platform on Elaxnet.com

Elaxnet provides access to more than 500 assets from various classes, including currencies, cryptocurrencies, indices, and commodities – from energy sources to agricultural products. Clients have access to two trading terminals: popular MetaTrader 4 and 5.

For clients who do not wish to trade on their own, a trust management service is offered. In addition, Elaxnet offers a loyalty program built on the principles of multi-level marketing, allowing clients to increase their status and exchange points for money.

Trading accounts on Elaxnet

  • Nano.MT4: a cent account for learning and testing trading strategies. Minimum deposit – 300 USD or EUR, leverage 1:500.
  • Standard.MT4: standard account, minimum deposit also 300 USD or EUR, leverage 1:1000 – 1:10.
  • Standard.MT5: minimum deposit – 1,000 currency units, leverage similar to MT4.
  • ECN.MT4: available with a deposit from 5,000 USD or EUR, leverage 1:2 – 1:3000.
  • Pro.ECN.MT4: the most expensive account, requires a deposit of 10,000 base currency units, leverage similar to the previous one.

Account funding and withdrawals on Elaxnet

There is no comprehensive information on account funding and withdrawals on the company’s website. Currencies for operations: US dollars and euros. It is assumed that in addition to major payment systems, cryptocurrencies are also accepted and withdrawn. Withdrawal requests are accepted through the personal account. Information on processing times and commissions is not disclosed.

Conclusion

Elaxnet company reports registration in an offshore zone but does not provide documents confirming its legal status. The lack of information on the withdrawal regulation raises questions. It is recommended to consult with a financial lawyer before making deposits.

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