AxianceFX fails to disclose its regulatory information and licensing data, which is a clear scam indicator, as legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency. This is a red flag. In an attempt to appear real, AxianceFX provides two addresses respectively in Canada and the UK. However, our search for this broker in the registers of the Financial Conduct Authority (FCA) and the Investment Industry Regulatory Organization of Canada (IIROC) didn't yield any results, further proving that AxianceFX operates outside the regulatory framework.
In addition, the British Columbia Securities Commission (BCSC) and the Commission Nazionale per le Società e la Borsa (CONSOB) issued a warning against AxianceFX, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.
In essence, AxianceFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
AxianceFX fails to disclose its regulatory information and licensing data, which is a clear scam indicator, as legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency. This is a red flag. In an attempt to appear real, AxianceFX provides two addresses respectively in Canada and the UK. However, our search for this broker in the registers of the Financial Conduct Authority (FCA) and the Investment Industry Regulatory Organization of Canada (IIROC) didn't yield any results, further proving that AxianceFX operates outside the regulatory framework.In addition, the British Columbia Securities Commission (BCSC) and the Commission Nazionale per le Società e la Borsa (CONSOB) issued a warning against AxianceFX, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.In essence, AxianceFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.