Axel Wachtmeister (13 January 1643 – 24 July 1699) was a Swedish count and field marshal.

His elder brother was Swedish admiral (and their father's namesake) Hans Wachtmeister.

His father was a member of an Estonian-Finnish-German family of incorporated Swedish nobles, and was elevated to the title of Baron of Koivisto, near Viipuri, eastern Finland, in 1653.

Axel Wachtmeister distinguished himself in the Scanian War (1675–1679), became a colonel in 1676 and was appointed Major General in 1679.

From 1680 and onwards, he had the title Royal Counsellor and was a close associate of King Charles XI.