The Australian regulation is just a facade.
Axitrader has changed and blackmailed me to close position. It even claimed that it was regulated by Australian regulator, which was counterfeit. It has ripped me off 400 thousand. I suggest that you stay away.
Scam
The following is the original recommendation
澳洲监管纯属摆设
axitrader现在已变了,通过威胁强平单子胁迫管监管,换的时候欺骗说还受澳洲监管。结果是澳洲根本不管。区别对待客户,坑我40万。建议大家远离这种不诚信的平台。