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Axe Trade Capital

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Operating status: SCAM

Website: https://axetradecapital.com/

Broker violations and abnormal records
  • 2024-11-14 The FSMA adds Axe Trade Capital to its warning list

    On November 15, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Axe Trade Capital to its warning list as a fraudulent trading platform operating in the Belgian market and advised investors to stay away from it. https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraud

    On November 15, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Axe Trade Capital to its warning list as a fraudulent trading platform operating in the Belgian market and advised investors to stay away from it. https://www.fsma.be/en/warnings/advertisements-celebrities-spotted-social-media-beware-fraud
  • 2024-11-21 BrokersView has reviewed that Axe Trade Capital is an unregulated broker

    The domain name of Axe Trade Capital was recently registered in February 2024, making its website relatively new. The lack of useful company information and valid licensing details is red flag of the suspicious trading platform. In addition, the Belgian Financial Services and Markets Authority (FSMA) has added Axe Trade Capital to its warning list as a fraudulent trading platform operating in the Belgian market and advised investors to stay away from it.

    In essence, Axe Trade Capital is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Axe Trade Capital appears to be a scam.

    The domain name of Axe Trade Capital was recently registered in February 2024, making its website relatively new. The lack of useful company information and valid licensing details is red flag of the suspicious trading platform. In addition, the Belgian Financial Services and Markets Authority (FSMA) has added Axe Trade Capital to its warning list as a fraudulent trading platform operating in the Belgian market and advised investors to stay away from it.In essence, Axe Trade Capital is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Axe Trade Capital appears to be a scam.

Related Complaints

Q&A

Axe Trade Capital, scam or no scam

Mohd Faizal
Belize
2025-01-09
ANSWER Dear Investor, Thank you for your message. Our research indicates that Axe Trade Capital is a scam broker. All the languages on the website are designed to promote their products or services. We haven't found any useful information to demonstrate its legitimacy and compliance. This lack of transparency is a warning sign. Additionally, Axe Trade Capital has been flagged by the Belgian Financial Services and Markets Authority (FSMA) as a fraudulent trading platform. It is evident that Axe Trade Capital is a scam and cannot be trusted. Otherwise, your money entrusted with it will be gone forever.
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Axe Trade Capital Scam?

Daoud
Brazil
2024-11-25
ANSWER Dear Investor, Thank you for reaching out to us. Our research suggests that Axe Trade Capital is a scam. The website hasn't been around for long, as its domain was registered in February 2024. The company behind the website is unknown, as no useful company information or licensing details are disclosed. This anonymity makes it difficult to hold them accountable in the event of issues. The Belgian Financial Services and Markets Authority (FSMA) has added Axe Trade Capital to its warning list as a fraudulent trading platform. Therefore, we strongly suggest you avoid using Axe Trade Capital. For a safer trading environment and peace of mind, we highly recommend opting for fully regulated brokers instead.
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