Recently, AXIAGROUP, an online trading platform, has drawn criticism for dubious business practices. This evaluation will examine AXIAGROUP critically, illuminating issues brought up by both traders and regulatory organizations.
Basic Details for AXIAGROUP
Website: https://axiagroup.co/; https://axiagroup.io/
Website Availability: YES
Official Address: NA
Regulation: Unregulated
Warned By: Comisión Nacional del Mercado de Valores (Spain)
Domain Status:
Overview of AXIAGROUP (https://axiagroup.co)
Via its website, axiagroup.co, AXIAGROUP positions itself as a worldwide broker providing a range of trading services, such as Forex, stocks, commodities, and cryptocurrencies. The platform states that it offers competitive spreads, cutting-edge tools, and educational materials to assist traders in making wise choices. A closer look reveals serious red flags, but initially, AXIAGROUP looks like many other brokers in the crowded online trading space.
Numerous traders have voiced concerns with the site, ranging from delayed withdrawals to unhelpful customer service. AXIAGROUP’s regulatory position is what’s really worrisome. Notwithstanding its assertions of legality, regulatory agencies have cautioned investors against doing business with this broker.
AXIAGROUP is Warned by CNMV
Concerning AXIAGROUP, one of the most concerning developments is the alert that Spain’s financial regulator, the CNMV (Comisión Nacional del Mercado de Valores), issued. AXIAGROUP is not authorized to conduct business in Spain, as indicated by the CNMV’s addition of the broker to its blacklist of unapproved companies. Potential investors should take notice of this warning, especially those who are headquartered in Europe.
According to the CNMV’s warning, traders are at risk since AXIAGROUP is conducting business without regulatory monitoring. In the event of a problem, traders might not have as much support from a reputable financial body. Regulatory agencies are in place to safeguard clients by making sure brokers follow strict rules regarding openness, equity, and client safety.
AXIAGROUP Review – Conclusion
Based on many factors explained above we have finally concluded that AXIAGROUP.co is a fraudulent broker. Do extensive research on any site before investing.
Be aware of schemes like Forex Trading Deceptions, Cryptocurrency Cons, Internet Dating Scams or Romance Fraud, Pump and Dump Tactics, Ponzi Schemes, Investment Deceptions, Fake Trading Platforms, Phishing Attacks, Robo-Advisors Deceptions, and Binary Options Deceptions.
If you have already fallen victim to AXIAGROUP fraud, take quick steps to recover your money. While the process can be tough, patience and completing the proper steps can improve your chances of receiving your money back from AXIAGROUP.co.
Check more about fraudulent brokers
Visit our Facebook Page
Visit Twitter
Note: The AXIAGROUP review is influenced by some existing reviews online and we have created original review based on known facts. We are not responsible for any legal actions taken by any entity favoring AXIAGROUP.co company.