AxisCapital Broker Review

AxisCapital Broker Review – Finally, the AxisCapital.io Scam Is Exposed

The website and professionalism of AxisCapital impressed us. The broker at AxisCapital put some effort into creating a solid overview of basic information. Despite our best efforts, there are some issues we cannot ignore: Saint Vincent and the Grenadines, a notorious offshore country without a financial regulator, house the firm.

Our in-depth AxisCapital review reveals everything we know so you can make your judgment.

Read the Golden Zone Trading, Piptradex, and Oriontero broker reviews first to increase your trading knowledge.

1. Scam Broker Status: Unregulated  
   
2. Regulated by: An unlicensed trading company/no regulation  
   
3. Websites of scammers:   AxisCapital.io  
   
4. Forex Trading Scam: Active  
   
5. Scam listed by: N/A  
   
6. Owners of the broker: Raconteur Consulting LLC  
   
7. Country of headquarters:   Saint Vincent and the Grenadines  
   
8. Year of foundation:  2021  
   
9. Trading platforms: MT5  
   
10. Mobile Trading is available.  
    
11. Bonus on deposit:    Available  
    
12. Trading Crypto Assets: Not available  
    
13. Trading CFDs is available: Yes, you can trade CFDs  
    
14. Various trading instruments are available, including forex (FX), commodities, indices, and stocks.
    
15. Leverage Maximum:  N/A  
    
16. Not available for Islamic accounts  
    
17. Demo Account is free:  Yes.  
    
18. The US is open to traders: The US is available to traders.  
    
19. Don’t Invest in This Scam Broker!  
    

AxisCapital Regulation – No Regulatory Oversight

However, the company is based in Saint Vincent and the Grenadines and is called Raconteur Consulting LLC. The firm is registered with the Financial Services Authority, but the authority declared itself unauthorized to register Forex and binary options firms. The law left all companies with the option of opting for a Tier1 license if they wanted to regulate their business.

In the Terms and Conditions, Poland’s law is cited as the governing law, so let’s see what AxisCapital’s rules are.

Does the broker have a Tier 1 trading license?

According to Tier1 registers, including Polish KNF, ASIC, BaFin, FCA, and others, AxisCapital operates illegally. As a result, you have no security, and the broker has no compensation funds to reimburse you in case of a problem.

Where Do AxisCapital Scam Victims Live?

The AxisCapital trading scam is widespread, with the majority of victims coming from:

• Germany
• UK
• Canada

If an offshore broker approaches you, make sure you check the broker’s Terms and Conditions and its regulatory status.

Additionally, we recommend avoiding scammers such as AG Markets, Kiplar or TriumphFX. There will be no withdrawals available to you!

Scammed by AxisCapital Broker? – Talk To Our Experts

AxisCapital is nothing to be ashamed of if you fall victim to the AxisCapital scam. There are ways in which brokers persuade their victims. It’s crucial to react immediately and increase your chances of recovering your money.

Also, you may be able to get a refund by filing a dispute as soon as possible with Global Fraud Protection.

So,get in touch with us today to schedule a free consultation and learn more about your options.