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AxePro Group

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Operating status: SCAM

Website: https://axeprogroup.com/

Broker violations and abnormal records
  • Apr 27, 2022 AMF Added AxePro Group to Warnings and Blacklists

    On 28 April 2022, the French regulator- the AMF, stating that AxePro Group provides illegal forex trading services. The company is not supervised by AMF. You may visit: https://www.amf-france.org/en/warnings/warnings-and-blacklists?page=0&key=www.axeprogroup.com&conditions%5Bcategorie%5D=224

    On 28 April 2022, the French regulator- the AMF, stating that AxePro Group provides illegal forex trading services. The company is not supervised by AMF. You may visit: https://www.amf-france.org/en/warnings/warnings-and-blacklists?page=0&key=www.axeprogroup.com&conditions%5Bcategorie%5D=224
  • Jun 09, 2022 BrokersView has Reviewed that AxePro Group is an Unregulated Forex Broker

    AxePro Group says it is Putting its clients first since 2016, about about 5 years ago. However, its domain was first created in December 2021. Here is a strong signal that it is a fraud.

    AxePro Group claims to be permitted by the FSA of SVG in 2021 to act as a financial and monetary intermediary in the conduct of financial and monetary brokerage business for the sale and purchase of currencies and intermediating in money marked transactions and as permitted with granted company number 678. However, no results matched for the company can be found on Register of SVG FSA.

    In "Contact Us", we see its contact offices in the UK, Canada and France, all suggesting local registrations by AxePro Group there. But the case is - it has no regulation in these places. 

    What's more, the French regulator - the AMF, adding it to Warnings and blacklists as the company provides illegal forex trading services. 

    Based on the above information, we can conclude that AxePro Group is a scam.

    AxePro Group says it is Putting its clients first since 2016, about about 5 years ago. However, its domain was first created in December 2021. Here is a strong signal that it is a fraud.AxePro Group claims to be permitted by the FSA of SVG in 2021 to act as a financial and monetary intermediary in the conduct of financial and monetary brokerage business for the sale and purchase of currencies and intermediating in money marked transactions and as permitted with granted company number 678. However, no results matched for the company can be found on Register of SVG FSA.In "Contact Us", we see its contact offices in the UK, Canada and France, all suggesting local registrations by AxePro Group there. But the case is - it has no regulation in these places. What's more, the French regulator - the AMF, adding it to Warnings and blacklists as the company provides illegal forex trading services. Based on the above information, we can conclude that AxePro Group is a scam.
  • Nov 17, 2022 BrokersView has found that AxePro Group is not working

    BrokersView found the domain "https://axeprogroup.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://axeprogroup.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

How much time it takes to credit my account after deposit?

wafiq alsalman
Colombia
Jul 13, 2022
ANSWER AxePro Group is not a licensed or regulated broker even though it states offers that look good to be true. AxePro Group claims to be registered with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under the company number 678. But please be informed that SVG FSA is not a regulatory authority that regulate entities offering forex activities.What's more, the French regulator Autorité des Marchés Financiers (AMF) added this broker to its warnings and blacklists as the company provides illegal forex trading services. You can check the full warning from here.The truth is, AxePro Group is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like AxePro Group and trade with licensed brokers.
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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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