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AXI TRADING Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-01-31 16:00

Abstract:AXI TRADING is a trading platform that is based in the United Kingdom. The platform is not regulated, a fact that raises significant concerns about its safety and trustworthiness. Moreover, the company's official website is non-operational at the moment, which further limits the amount of available information about it.

  Note: AXI TRADING's official site - https://axitrading.biz/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

AXI TRADING Review Summary
Registered Country/Region United Kingdom
Regulation No Regulation
Market Instruments N/A
Demo Account N/A
Leverage N/A
Spread N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Company address: 38 Chiltern Avenue, High Wycombe, Buckinghamshire, United Kingdom, HP12 3UP
Email: admin@axitrading.biz

What is AXI TRADING?

  AXI TRADING is a trading platform that is based in the United Kingdom. The platform is not regulated, a fact that raises significant concerns about its safety and trustworthiness. Moreover, the company's official website is non-operational at the moment, which further limits the amount of available information about it.

AXI TRADING

  The lack of clarity regarding their market instruments, account details, leverage, spreads, trading platforms, and the minimum deposit requirement reduces its reliability for informed decision-making. Despite the provision of a company address and email for customer support, the unavailability of substantial operating details makes it unreliable, particularly for beginners in the trading space.

Pros & Cons

Pros Cons
  • Multiple Customer Support Channels
  • No Regulation
  • Lack of Information

Pros:

  •   Multiple Customer Support Channels: Limit Markets provides various customer support channels including phone and email, enhancing accessibility and assistance for clients. However, the unavailability of substantial operating details makes it unreliable for its suspicious clone license and inaccessible website.

Cons:

  •   No regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.

  •   Lack of Information: The company's website is non-functional, suggesting a lack of transparency and reliability. The lack of comprehensive information about trading instruments, fees, and account details hinders informed decision-making and fuels suspicion.

Is AXI TRADING Safe or Scam?

  AXI TRADING currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, potential scams, and inadequate consumer protection.

No license

Customer Service

  AXI TRADING provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  •   Company address: 38 Chiltern Avenue, High Wycombe, Buckinghamshire, United Kingdom, HP12 3UP;

  •   Email: admin@axitrading.biz.

Conclusion

  In conclusion, there are significant concerns pertaining to AXI TRADING as a trading platform. The organization is not currently regulated, which is crucial for ensuring safety, fairness, and trustworthiness in the trading industry. Its official website is currently non-functional making it difficult for potential users to find critical information when deciding whether or not to use this broker.

Frequently Asked Questions (FAQs)

Q 1: Is AXI TRADING regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: Does AXI TRADING offer demo accounts?
A 2: N/A
Q 3: Is it safe to trade with AXI TRADING?
A 3: No, It is unregulated and does not provide comprehensive information.
Q 4: Is AXI TRADING a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its suspicious clone license but also because of its inaccessible website.

Risk Warning

  Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

  In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Related broker

No Regulation
AXI TRADING
Company name:AXI TRADING
Score
1.36
Website:https://axitrading.biz/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.36

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