AxesPrime Broker Review

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AxesPrime Broker Review


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FAQ

AxesPrime Broker Review – Axes-Prime.com Is An Unregulated Scam Broker

There are several signs that your broker is a scam – shady website, no owner, no legitimate headquarters. This implies that you’re dealing with an illegal broker when you deal with AxesPrime.

Yet, let’s not leave it at that; let’s provide some evidence in our trusted AxesPrime review.

Moreover, we encourage you to read our scam broker reviews of InvestFW, FinCloud, and EuroXN Crypto Bank. There is a danger to your funds with them!

  1. Scam Broker Status: Unregulated
  2. The company is unlicensed and not regulated
  3. Website of scammers: Axes-Prime.com
  4. Forex Trading Scam: Active
  5. OSC / CONSOB has blacklisted this company as a scam
  6. Owner of the broker: N/A
  7. Country of headquarters: Saint Vincent and the Grenadines
  8. Inauguration year: 2021
  9. Platforms for online trading: MT5
  10. Trading via mobile device: Available
  11. The minimum deposit is $250.
  12. Bonuses on deposits: None
  13. It is not possible to trade crypto assets.
  14. You can trade CFDs: Yes, you can
  15. Forex (FX) / Indices / Commodities are available for trading
  16. Leverage maximum: 1:500
  17. There is no Islamic account available.
  18. A demo account is not available, and you can only open a live account.
  19. The company accepts US clients: The company accepts US traders.
  20. Experts from Global Fraud Protection Verdict: Don’t Invest in This Scam Broker!

AxesPrime Regulation – No Regulatory Oversight

In reading the AxesPrime Terms and Conditions, we discovered that the broker is owned by Hong Kong-based Axes Prime Ltd. According to our research, the company we are looking for does not exist.

Furthermore, the broker gave us two addresses – one in Canada and one in the UK – as their official headquarters. These two eminent countries have a license requirement for providing financial services.

We believe it’s most likely that the broker is authorized by the FSA of Saint Vincent and the Grenadines. Another shady offshore scam seems to be taking place with this company.

What’s Wrong With a License?

We checked the UK FCA and several Canadian registers looking for AxesPrime regulation, and we’re confident you were fraudsters. It is illegal for AxesPrime to provide financial services since the FSA is not an official regulator but a financial register.

Avoid becoming another victim of the AxesPrime trading scam by staying away.

Furthermore, beware of scammers such as Lirunex, AGKapital, and Solid Capital. Consider investing twice before making a decision!

Scam Warnings From Financial Watchdogs

Since the broker provided us with an address in Ontario, Canada, it is not surprising that an official warning was issued by its regulatory body. As far as the OSC is concerned, broker AxesPrime has never been registered with them and is not a securities broker.

Not long after, the Italian regulator CONSOB issued the same warning.

Where Is AxesPrime Trading Scam Active?

According to complaints filed against AxesPrime, the broker is mainly active in Canada, Ireland, the UK, and Cameroon. We are confident that other countries were affected as well, as CONSOB warns about the scam in Italy.

Regardless of where you are, it would be best if you took care not to fall into the AxesPrime scam and lose your funds to illicit offshore operations.

Scammed By AxesPrime Broker? – Talk To Our Recovery Experts

It is nothing to be ashamed of to be defrauded by online trading scams, which are becoming more sophisticated every day. Taking our jobs seriously, Global Fraud Protection assists victims with daily refunds. Contact us if AxesPrime or a similar bogus broker has scammed you.

Also,we can help you get your money back by chatting online with one of our experts.

 

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FAQ Section:

1. Can I Trade Cryptocurrencies And CFDs With AxesPrime Broker?

Cryptocurrencies are not available to trade with AxesPrime brokers, only CFDs.

2. Does AxesPrime Have a Mobile Trading App?

MT5 is available on Android and iOS devices through the AxesPrime mobile app.

3. Are My Funds Safe With AxesPrime?

The broker was flagged as a scam in Italy and Canada, implying that your funds are not secure.