ANSWER No, Axaforex is an unregulated broker.The entity that offers financial services through the website axaforex.com claims to be located in the Marshall Islands but fails to provide any details to substantiate its registration. There are no records from the registry (IRI) indicating that it is a registered company. Regardless, even if it were registered with the IRI, the company's operations would still be unlawful, as registration with the IRI does not equate to financial authorization.Adding to the concerns, the Comisión Nacional del Mercado de Valores (CNMV) has added Axaforex to its warning list for providing investment services without authorization.Therefore, we strongly suggest that you cease any interaction with Axaforex and withdraw your funds from it as soon as possible. For a safer trading environment, it is recommended to opt for fully regulated brokers instead.
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