Score

1.53 /10
Danger

Finaxis

Luxembourg

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.17

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

Broker Information

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Company Name

Finaxis

Company Abbreviation

Finaxis

Platform registered country and region

Luxembourg

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Finaxis · Company summary

Note: Finaxis's official website: https://finaxis.io/ is currently inaccessible normally.

Finaxis Information

Finaxis is an unregulated brokerage company registered in Luxembourg, providing many accounts with a minimum deposit of $250. Due to the closure of the official website of this broker, traders cannot obtain more security information.

Is Finaxis Legit?

Finaxis is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with Finaxis.

Is Finaxis Legit?
Is Finaxis Legit?

Downsides of Finaxis

  • Unavailable Website

Finaxis's official website is currently inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since Finaxis does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

Finaxis is not regulated by other institutions, which increases the possibility of fraud.

  • Withdrawal Difficulty

According to a report on WikiFX, some users believe the company is a scam. The issue remained unresolved despite the request being pending for a long time.

Negative Finaxis Reviews on WikiFX

On WikiFX, traders must review information and assess risks before trading on unregulated platforms.

As of now, here are 2 reviews showing the user's distrust of the broker

Exposure. Scam company

ClassificationScam company
Date2022-2023
Post CountryEgypt

These were still pending after a long time. You may visit: https://www.wikifx.com/en/comments/detail/Co202302244431495238.html.

Conclusion

Finaxis Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that this brokers trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

User Reviews

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User comment

2

Comments

Write a review

但行好事莫问前程
more than one year
I doubt the legitimacy of Finaxis, since it refused to show us regulatory license. Thankfully, it has been shut down. I am happy to see this scammer disappear.
I doubt the legitimacy of Finaxis, since it refused to show us regulatory license. Thankfully, it has been shut down. I am happy to see this scammer disappear.
Translate to English
2023-02-24 14:37
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我的偶像是李健
more than one year
This broker kept sending me messages asking me to invest here, even though I had no intention of doing so. Yes, I'm not blind and I can spot con artists.
This broker kept sending me messages asking me to invest here, even though I had no intention of doing so. Yes, I'm not blind and I can spot con artists.
Translate to English
2022-12-20 11:16
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