Axi Applied to Cancel its FCA License

The Financial Conduct Authority (FCA) in the UK has published an announcement that Axi, a forex company, applied to cancel its authorisation.

Applied to Cancel its Authorisation

According to the official press release, the FCA regulated firm Axi under license number 509746, is no longer registered and authorised in the FCA.

The cancellation of Axi’s license means the entity was failed to offer British clients its financial services as an FCA-supervised firm does.

Note: Axi is still authorized and regulated by the Financial Markets Authority (FMA) in New Zealand, the Australian Securities & Investments Commission(ASIC) and DuBai Financial Services Authority(DFSA).