Elaxnet‌

Information about Elaxnet Company

The company Elaxnet was founded in 2015 and offers investment opportunities in 500+ instruments, including cryptocurrencies, indices, forex, commodities, and other assets. Clients are invited to use social trading tools, the Elaxnet MasterCard, and the company’s proprietary cryptocurrency wallet.

Structure of Elaxnet Company

The website elaxnet.com lists the registration addresses and names of subsidiary companies managing the trading brand. The website is owned by ELAXNET Group AG and operated by ELAXNET Global Ltd, purportedly registered according to the laws of St. Vincent and the Grenadines as an International Business Company (IBCN24501IBC2018) and is the operational subsidiary of Elaxnet group.

Trading Conditions of Elaxnet

Elaxnet offers various trading accounts: Classic account, ECN, PRO ECN, and NANO. Clients can expect low spreads, instant order execution, and fast withdrawal of funds from the account.

Bonus Programs of Elaxnet

Elaxnet emphasizes bonus programs. Under the Elaxnet Cashback program, clients receive bonus points (ELT) that can be exchanged for cash. Trading wars with a prize fund of $2300 are also held on the platform.

Account Funding and Withdrawal by Elaxnet

Information on available payment methods, commission rates, and the minimum/maximum amount for fund withdrawal is not available on the company’s website. Bonus funds and refunds for activated discounts can be withdrawn once a week.

Conclusion

Elaxnet positions itself as a successful brokerage company. However, the company does not provide official documents confirming registration and the presence of regulatory bodies. Information on minimum deposit, payment methods, and withdrawal amounts is also absent. Elaxnet is not liable for any damages or losses incurred by clients and only provides an international phone for communication.