AxisCapitalGroup is an offshore Forex broker that claims to be an authority in the financial world. AxisCapitalGroup is calling on potential clients to invest in the future profitably using their innovative trading platform.
AxisCapitalGroup is considered not safe, as it is located offshore and not regulated and licensed by top-tier financial authorities, like the CySEC in Europe, UK FCA, the Australian ASIC and the US CFTC.
Contents
AxisCapitalGroup Review
Axis Capital Group offers trading across 5 asset groups including Forex, Indices, Commodities, Stocks as well as Cryptocurrencies on their web based trading platform.
Minimum deposit starts with $250 at the standard account type. Leverages extend up to 1:400.
In addition to claiming innovative trading software, the fake broker has listed several other advantages on their website which include:
- Adaptive localisation
- Convenient withdrawal and deposit
- Support 24/7
- Extensive functionality
- Security
- Publications by professionals
AxisCapitalGroup Scam
AxisCapitalGroup is claiming perfect reputation and transparent cooperation with customers yet their website is full of red flags, making it impossible to believe their claim.
Even if you use the best Forex robot or signal service on this broker’s platform, they will still deny you any profits you have made.
Not Regulated
AxisCapitalGroup definitely offers enticing conditions for trading but their operation is not at par with the best practices around.
AxisCapitalGroup regulatory license is missing. There’s high chances that this broker will scam anyone who attempts to deposit any amount of money with them.
AxisCapitalGroup is not a licensed broker yet they undertake multiple financial activities involving money solicited from unsuspecting investors.
We’ve always warned against using such brokers because they’ve proved to be a scam over time.
>>See Safe Brokers<<
Conclusion
AxisCapitalGroup is a scam, the Spanish CNMV has issued an official warning against AxisCapitalGroup accusing them of shady activities.
A Forex trading brokerage that gets such warnings can be dangerous to trade with.