Abstract:Axelery Group is claiming to be an investment operation that uses artificial intelligence computer programs to make decisions.Due to the development of this artificial intelligence trading robot, the company claims to have adopted a comprehensive approach to assessing the stock market.
GENERAL INFORMATION
Axelery Group is claiming to be an investment operation that uses artificial intelligence computer programs to make decisions.
Due to the development of this artificial intelligence trading robot, the company claims to have adopted a comprehensive approach to assessing the stock market.
The broker is entirely anonymous and hard to catch. According to the website, it was based in Seychelles and established by two guys with over a decade of experience in share trading. These guys decided to open a company that is offering crypto trading. However, the company irresistibly looked like a binary options brokerage with a cryptocurrency offering.
There is no company owner listed, nor these two alleged founders can be tracked down anywhere. Sounds like a pretty lovely packed story with a bad ending.
The broker promises a return of investment of 45% to 90% in one day. Allegedly, all the trades are AI-based, and they discovered a way to exploit the market in their favor. However, there is no software and no returns. Only desperate clients that have no idea what to do next.
ACCOUNT AND LEVERAGE
According to the Broker, the Minimum deposit amounts Start with $10, and then followed by the other account categories. However, the story doesnt stop there. The moment you deposit this $10, you get a call from an aggressive salesperson on the other side, explaining to you why you should deposit more. Why you need to add more money and why you will never succeed with as low as $10. Those who did add more funds never heard of the alleged account manager again.
Start Plus – $1001
Optima – $5001
Optima Plus – $25001
Advanced – $70001
Advanced Plus – $250001
Thus, making a minimum deposit of $10, you can become our investor and get daily profit.
The worst thing is that this company never disclosed how they manage to generate these abnormal returns. They provide vague explanation of their trading by claiming that theyre using artificial intelligence for trading.
Because Axelery Trading does not bother to disclose what leverage is available on their platform either, and because they are a scam anyway.
TRADING PLATFORM
Axelery Trading invites you to download MetaTrade5 – a well known platform, preferred by beginner and professional traders alike. What we were actually able to download however, was a unbranded, trial version of the platform, taken directly from the website of the developer – Meta Quotes. So basically Axelery Trading does not seem to offer a trading platform at all.
DEPOSIT AND WITHDRAWAL METHOD
What else could we expect from a completely anonymous broker? There are many complaints and many accusations that its impossible to withdraw your funds from Axelery Group. According to reviews made by users, this broker was targeting countries in development, such as the Philippines, and taking all the money from their citizens.
Since the website is entirely inactive, its impossible to access the funds at all. Therefore, we had to collect information from clients for our review and take their experiences as an example.
The single available payment method at Axelery Trading are bitcoins. You are kindly invited to “send bitcoins to the personal wallet, which will be generated by the platform”
Otherwise, the fact that Axelery Trading accepts bitcoins only is peculiar for a couple of reasons – first your payment will remain completely anonymous – you will never know for sure to whom exactly you have send your money – and second, your payment will be completely irreversible – once made, there will be no going back.
And that is precisely why scammers prefer that you pay in bitcoins, because if you deposit any cash with your VISA or MasterCard, you will still have the option to file for a charge back if you realize you have been scammed.
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