User Reviews
More
User comment
6
CommentsWrite a review
Score
Mexico
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.93
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Axen Capital Review Summary in 10 Points | |
Founded | 2-5 years |
Registered Country/Region | Mexico |
Regulation | Not regulated |
Market Instruments | Not disclosed |
Demo Account | Not disclosed |
Leverage | Not disclosed |
Spread | Not disclosed |
Trading Platforms | Not disclosed |
Minimum Deposit | Not disclosed |
Customer Support | Phone, Email, Social media, Contact us form, Whatsapp |
Axen Capital, headquartered in Mexico, is an international brokerage providing individuals with opportunities to trade in the financial markets. However, it's crucial to note that this firm is currently not regulated which means its not overseen by any reputable financial regulatory bodies.This situation can cause potential apprehensions for traders. Additionally, the broker's one-page official website is remarkably lacking in information, making it less-than-helpful for those seeking comprehensive details about the firm's operations and services.
In the subsequent sections of this article, we will break down the key attributes of this broker from various angles, supplying you with straightforward and well-structured data. If this interests you, please continue reading. We will also wrap up with a concise conclusion, enabling you to quickly grasp the broker's distinctive features.
Pros | Cons |
• None | • Not regulated |
• Lack of transparency | |
• Minimal information on its one-page website |
The broker carries a set of characteristics that weigh heavily on the disadvantages side.
The most prominent advantage is noticeably absent, as there are no apparent pros cited for this broker.
On the other hand, the cons are starkly eminent. The broker is disadvantaged by not being regulated, signifying a lack of governing oversight that could potentially safeguard investors. Furthermore, a concerning lack of transparency becomes evident, which could create issues around trust and accountability. Lastly, the one-page website of the broker provides only scant information about its operations, presenting a concern for investors seeking comprehensive insights before making decisions.
When considering the safety of a brokerage like Axen Capital or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory status: It has been confirmed that the broker is not currently under the purview of any recognized financial authorities, implying that the safety of this trading platform can't be guaranteed.
Customer reviews: Glean insights into other users' experiences with the company, peruse reviews and feedback. Consider exploring these on trustworthywebsites and forums for fair and accurate impressions.
Security measures: The broker is adopting a comprehensive privacy policy as key security measure, offering protections for user data, and reinforcing trust in the platform's data handling practices.
Ultimately, the decision of whether or not to trade with Axen Capital is a personal one. You should weigh the risks and benefits carefully before making a decision.
Axen Capital provides multiple customer service options to assist its clients. Customers can reach out to Axen Capital through various channels to address their queries and concerns as below:
Phone: (+52) 331 266 9614
Email:atencionalcliente@axencapital.com.
In addition, Axen Capital also be accessed with social media including online WhatsApp talking, Facebook and Instagram as an additional resource for customer support, addressing common questions and inquiries.
Moreover, traders can submit inquiries via a convenient “Contact Us” form to address their questions.
Based on the information at hand, Axen Capital is a brokerage firm headquartered in Mexico. This firm offers online financial trading services to traders worldwide. Nonetheless, it's crucial to approach this broker with a degree of skepticism due to factors such as its non-regulated status. Moreover, its present official webpage is a one-page site that provides minimal information regarding its business scope and features, potentially stirring concerns about its credibility and transparency.
As such, would-be clients must proceed with utmost caution. Exhaustive research and timely information directly from Axen Capital are prerequisites before venturing into any investment decisions. This necessary diligence can provide a comprehensive overview of the broker's credibility and the potential risks involved.
Q 1: | Is Axen Capital regulated? |
A 1: | No, it‘s been verified the broker is currently under no valid regulations. |
Q 2: | Is Axen Capital a good broker for beginners? |
A 2: | No. it’s not a good broker for beginners not only because its not properly regulated but also because of lack of transparency on its one-page only official website. |
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.
More
User comment
6
CommentsWrite a review