✔️ Information reviewed and updated in July 2024 by Eduardo López

IS AX Trading RELIABLE? OPINIONS

In this post I will analyze AX Trading. Is AX Trading cryptocurrency broker (with axtrading.io website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think AX Trading is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
Company typecryptocurrency broker
(I.e. CompanyAxtion Technology Sa.
???? AddressNot mentioned
🕑 Website ageYour registration date was: 2022-02-18
🛡️ RegulapainNot mentioned
📄 RegistrationNot mentioned
📌 AddressIt mentions being located in Mexico
🌐 Websiteaxtrading.io
📧 Email[email protected], [email protected]
️ ️ PhoneDoes not have
???? Live ChatYes
💳 Payment methodsNot mentioned

📞 LIST OF PHONE NUMBERS:

The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous.


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of plans/accounts that AX Trading offers; They are divided into 5 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.

account typeMINIMUM INITIAL DEPOSIT
Free Account-
Basic Account$99,99
Pro Account$249,99
Expert Account$499,99
Investor Account$999,99


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

AX Trading website
  • Another unfavorable point is the location: it pretends to be a safe location, be very careful! 🚩
  • The website mentions which company it belongs to, but I have not been able to find “Axtion Technology Sa.” in company records. I think it may be a fake company. 🚩
  • As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩

⭐ AX Trading REVIEW:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company mentions being located in Mexico, but I think they are trying to mislead about their location. I recommend extreme caution.

2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.

3) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

4) The company mentions generating a large percentage of profitability, which is so good and exaggerated, that I think it is false.

6) The company has been reported by the following financial regulator(s): CNMV, National Securities Market Commission and BaFin, Federal Superintendency of Financial Supervision. It is a very unsafe company, be careful.

“To be honest with you, I wouldn't invest in this type of company: it's not regulated. He claims to belong to a company called Axtion Technology Sa., which is apparently a fake company. I honestly cannot recommend a company of this type.”


💬 WHAT TO THINK OF A COMPANY LIKE AX Trading?:

AX Trading is a broker with a questionable reputation. Although it claims to be located in Mexico, there is a suspicion that this information could be misleading. The lack of transparency regarding their location creates distrust and suggests that they could be hiding important details.

Lempresa does not provide information on its regulation, which raises questions about its legitimacy. The absence of regulation can expose investors to significant risks, as there is no supervisory authority to ensure the protection of their funds or compliance with financial regulations.

As if that were not enough, AX Trading's online reputation is negative, with numerous customer complaints. In addition, it has been reported by financial regulators such as the CNMV and BaFin, which confirms suspicions about its reliability. In short, it is important to exercise caution when considering any type of transaction with this company.


📣 LATEST UPDATES:

1) Update May 2024: BaFin, Federal Superintendency of Financial Supervision, has denounced AX Trading

2) Update May 2024: la CNMV, National Securities Market Commission, has denounced AX Trading


✔️ CLAIM MONEY FROM AX Trading:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can get your money back.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT AX Trading:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is AX Trading?

AX Trading appears to be a company specializing in cryptocurrency investments.

Is AX Trading a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is AX Trading reliable?

AX Trading is a company that I consider to be UNRELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to recover money from AX Trading?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (200 votes)

2 comments on «IS AX Trading RELIABLE? OPINIONS»

  1. Jacks Reply

    I have some acquaintances investing with them, I'm afraid, I don't want to lose my savings or be scammed. do you have information? Thank you so much!.

    • reliableforexbroker.com Reply

      Hello Jack, AX Trading is a SCAM, we have received many complaints from investors, for not returning the money, you should never invest in a broker that does not have REGULATION.

      They create many positive comments about themselves that are LIES! They want to confuse investors and pretend to be a legal company but it is all LIES! If you tell them about our articles, they say that we are part of the competition and that is also a lie! (We are dedicated to reviewing brokers).

      When you want to withdraw your capital or your profits, if they make excuses and tell you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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