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AXIA

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Operating status: SCAM

Website: https://www.axia-phoenix.com/

Broker violations and abnormal records
  • 2022-05-10 BrokersView has reviewed that AXIA is an Unregulated Forex Broker

    AXIA claims to be a reliable broker while presenting neither details about its regulation nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their accreditation and licenses in a prominent position. It is a red flag here.

    Besides, AXIA shows its office address is in Hong Kong. However, we did not find any match results to AXIA in the Hong Kong Securities And Futures Commission (HK SFC). That means AXIA is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    AXIA claims to be a reliable broker while presenting neither details about its regulation nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their accreditation and licenses in a prominent position. It is a red flag here.Besides, AXIA shows its office address is in Hong Kong. However, we did not find any match results to AXIA in the Hong Kong Securities And Futures Commission (HK SFC). That means AXIA is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Related Complaints

Q&A Complaints

Do you recommend trading with AXIA?

Maxwell
Brazil
2022-06-14
ANSWER AXIA is not a licensed or regulated broker even though it states offers that look good to be true. AXIA claims to be a reliable broker while presenting neither details about its regulation nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their accreditation and licenses in a prominent position.Besides, AXIA shows its office address is in Hong Kong. However, we did not find any match results to AXIA in the Hong Kong Securities And Futures Commission (HK SFC). The truth is, AXIA is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like AXIA and trade with licensed brokers.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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