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No Regulation
Score
1.34 /10
Danger
Axon Trading FX
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index5.67
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-12
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Note: Axon Trading FX's official website: https://www.axontradingfx.com/ is currently inaccessible normally.
Axon Trading FX Information
Axon Trading FX is an unregulated brokerage company registered in Spain. The company offers the MetaTrader 4 (MT4) and MetaTrader 5(MT5) platforms for trading.
Is Axon Trading FX Legit？
ATFXTRADE is not regulated. It may pose your funds at risk of not withdrawing. It suggests to have more study about this broker and ask for professional advice before dealing, which could helpful to your funds security.
Downsides of Axon Trading FX
- Unavailable Website
Axon Trading FX's official website is currently inaccessible, which makes traders worry about the safety of funds.
- Lack of Transparency
There is a noteworthy lack of information about Axon Trading FX available online. It is difficult for traders to do wise decisions because of the lack of transparency.
- Regulatory Concerns
Axon Trading FX is not regulated. It may be fraud, such as misappropriation of client funds, resulting in the loss of trader's funds. What's more, the lack of transparency may lead to inability to get money back eventually.
Conclusion
Because of the lack of effective regulation and transparency, Axon Trading FX is a high risk broker for traders. Also the company's website is currently inaccessible. Until Axon Trading FX solves these issues and provides evidence of legitimate regulation, it is strongly recommended to avoid it and choose a regulated broker with a good track record.
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