ANSWER Dear Investor,
Axwel claims to be a broker regulated by the MWALI International Services Authority (MISA). Upon verification, we have confirmed that the entity it claims, Flux Ltd, is indeed listed among the licensed entities of MISA, and Axwel's website has been registered accordingly.
However, it is important to note that compared to top-tier regulatory authorities such as the FCA or ASIC, MISA is an offshore regulator with relatively weaker oversight and fewer restrictions on brokers. Furthermore, forex trading inherently carries high risks, and market volatility can lead to significant financial losses.
Therefore, we recommend that you remain vigilant and trade responsibly.
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