Score

1.27 /10
Danger

Faxton

Australia

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index5.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Faxton · Company summary

Note: Faxton's official website: https://www.faxtonlimited.com/is currently inaccessible normally.

Faxton Information

Founded in 1997, Faxton is an unregulated brokerage company registered in Australia. This firm boasts of its wide selection of investment choices and its secure and transparent platform. They also promise round-the-clock customer support.

Faxton Information

Is Faxton Legit?

Faxton currently does not hold any valid regulatory certificates. Although it is incorporated in Australia, it lacks regulation from any recognized financial authority.

Is Faxton Legit?

Downsides of Faxton

  • Unavailable Website

Faxton's official website is currently inaccessible. It's anyone's guess whether it's still up and running.

  • Lack of Transparency

There is a notable lack of information about Faxton available online. This lack of transparency can really dampen investors' enthusiasm.

  • Regulatory Concerns

Faxton is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

Investment Choices

Faxton provides investment opportunities in infrastructure, real estate, agriculture, equities, fixed income, private credit, transportation, etc. One of them is cannabis investing. This is an interesting one because not all brokerages offer it. Cannabis has begun to gain wider acceptance and has been legalized in a growing number of nations and states for recreational, medicinal and other uses. You can find other investment choices too, like supercharges for EVs and cryptocurrencies.

Variety is a good thing for building a diversified portfolio. Having a mix of different investment can help with managing risks. The premise here is that you can trust the brokerage you want to invest your money.

Investment Choices

Customer Support

For any question you might have, help is available 24/7 by phone(+447868744153) or email (support@faxtonlimited.com). You can also dig into their social media channels (Facebook, Youtube, and Twitter).

Customer Support

Conclusion

Opening an online brokerage account can be an easy way to start investing. But all brokerages aren't created equally. Most excellent brokerages not only give you more investment choices, but also present you more routes to achieve your goals. Faxton is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

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