As I'm sure you know: the DB25 connection just had 'so many' unused pins that they shrunk it into DB9. The only pins anything gives a damn about is: gnd, tx, rx, cts, rts. And the cts/rts pins are only needed for hardware handshaking. Google it
So what can you use the terminal for?
1. Connect the gnd, rx pins of the terminal to the gnd,tx pins of the Axon and its a terminal emulator. ie shows all uart output from the Axon. You need to disable any hardware handshake on the terminal
2. Can you use it to run a program in Windows? no. coz windows only has one user (kbd/scn) and your screen is probably char based anyway (ie no graphics)
So 'be happy' to just use it as a replacement for the usual laptop+terminal software - ie point 1 above