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Archax Finance
Regulators:
https://archax-finance.com/
Regardless of how seemingly attractive the trading conditions are, we strongly advise you to stay away from Archax Finance.
It is crucial to note that this online broker doesn't disclose any essential contact information and licensing data to ensure transparency or for investors to verify. This lack of transparency is a red flag. What's more, the Federal Financial Supervisory Authority (BaFin) has issued a warning and warned consumers about the company Archax Finance and the services it is offering, which are suspected unauthorized.
In light of this, Archax Finance is not safe. To avoid falling victim to potential fraudulent activities, it is highly recommended to choose fully regulated brokers over the unregulated ones including Archax Finance.
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