AxiCapitals claims to be regulated by "HBMC" under the name of Vie Finance. However, there is no forex regulator named HBMC. So this statement about its regulation is invalid.
Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that AxiCapitals is not authorized to provide financial services in Italy.
The truth is that AxiCapitals is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
AxiCapitals claims to be regulated by "HBMC" under the name of Vie Finance. However, there is no forex regulator named HBMC. So this statement about its regulation is invalid. Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that AxiCapitals is not authorized to provide financial services in Italy.The truth is that AxiCapitals is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.