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axia

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ANSWER Dear Investor, We have reason to believe that AXIA is not a licensed broker. The trading platform claims to be operated by Axia Phoenix, which is allegedly registered in Hong Kong, China. However, this registration cannot be considered a valid financial license. Under regulatory requirements, the company is obligated to obtain authorization from the Hong Kong Securities and Futures Commission (HK SFC). A review of the HK SFC register confirms that the firm is neither authorized nor supervised. Given these discrepancies and warning signs, AXIA appears to be a potential scam. To safeguard your investments, we strongly advise against trading with AXIA.

Do you recommend trading with AXIA?

Maxwell

Brazil

Jun 14, 2022

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.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.