AxiaGroup
On Nov 14, 2024, the Cyprus Securities and Exchange Commission (CySEC) added AxiaGroup to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=1931729d-39c3-4cc5-92bd-3bbac4e90eeb
On Nov 14, 2024, the Cyprus Securities and Exchange Commission (CySEC) added AxiaGroup to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=1931729d-39c3-4cc5-92bd-3bbac4e90eebAccording to its website, it claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC). Upon investigation, we found that the Cyprus Securities and Exchange Commission (CySEC) added AxiaGroup to its warning list, stating it does not belong to an entity that has been granted authorization for the provision of investment services and the performance of investment activities.
In essence, AxiaGroup 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.
AxiaGroup appears to be a scam.
According to its website, it claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC). Upon investigation, we found that the Cyprus Securities and Exchange Commission (CySEC) added AxiaGroup to its warning list, stating it does not belong to an entity that has been granted authorization for the provision of investment services and the performance of investment activities.In essence, AxiaGroup 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.AxiaGroup appears to be a scam.
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