✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

Is AX Trading company safe or unreliable? We will give you our detailed opinion in this section. Be sure to check out our full review for all the details!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about AX Trading and we will tell you why we reached such a conclusion:

Basic Information

🌐 WebsiteDoes not mention it
🏠 Company*Axtion Technology Sa.
RegulatoryDoes not mention it
📧 EmailDoes not mention it
📈 PlataformOwn platform
🕑 Website ageWebsite registered on: February 18, 2022 (very recent)
📌 AddressMexico

Company:
⚠️ Axtion Technology Sa. is the entity that owns AX Trading, we believe it is posing as part of this company.

Location:
⚠️ The company mentions being located in Mexico, but we believe this is false information.

We can already tell you that we are concerned about several characteristics of this company.

What is AX Trading?

After a thorough review of the company's website, we concluded that AX Trading operates as a cryptocurrency broker.

Account types

Here are the different types of AX Trading accounts/plans:

types of accountsMINIMUM INITIAL DEPOSIT
Free$0
Basic$99.99
Pro$249.99
Consultant$499.99
Investor$999.99

Information on the web

AxTrading website 1

Here we show you a screenshot of the AX Trading website, which is axtrading.io. The capture was made in May '2024.

Contact: phone numbers and email

After carrying out a detailed analysis of the website:

📞 We have found the following phone number: WhatsApp: +52 1 844 456 8519

📧 We have found the following email: Does not have.

AX Trading Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

La lack of transparency regarding regulation of this broker is alarming. Without regulation, customers risk losing their money with no possibility of recovery in the event of problems. It is essential to do your research and exercise caution when dealing with companies that are not under the supervision of any regulatory body.

🚫 Final valuation of AX Trading 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of AX Trading and we have reached the following conclusions about this company:

Location: It indicates that it is located in a place considered safe like Mexico, but there are doubts about the veracity of this statement, which could be an attempt to deceive customers.

Regulatory: The lack of information about its regulation is worrying. This indicates that the company is not regulated, which raises questions about its transparency and seriousness.

Please remember that the company has been denounced by different financial regulators (in this case the CNMV, National Securities Market Commission). Use EXTREME CAUTION.

This company offers returns so high that we believe they may be false. It mentions earning up to 90% profits, which is very suspicious.

AX Trading It presents itself as a cryptocurrency broker, however, the declared location in Mexico raises skepticism about its authenticity, which could indicate an attempt to deceive clients.

The lack of information on the regulation of AX Trading It's worrying. The company does not provide details about its regulatory status, suggesting that it could operate without being subject to any legal framework, raising questions about its transparency and seriousness. In addition, they mention being under the regulation of Vanuatu, a non-serious and unsafe body, which increases concerns about their regulatory security. They also claim to be regulated in Germany, although there are suspicions about the veracity of this claim, raising further questions about their legitimacy. 🚫🛡️

It is essential to note that AX Trading has been reported by the CNMV (National Securities Market Commission), which underlines concerns about its safety and legality. Therefore, extreme caution is advised when considering any type of association with this company. Furthermore, their promises of high returns, such as profits of up to 90%, are highly suspicious and could indicate deceptive practices.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

Updates

➡️ News about AX Trading:

Date Update – news
May 2024Complaint against AX Trading from financial regulator CNMV, National Securities Market Commission

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8921 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with AX Trading.

At the end of the review you will find customer comments.


How to Claim Money scammed by AX Trading

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report AX Trading

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to AX Trading?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report AX Trading?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is AX Trading reliable?

No. AX Trading is not reliable, it is a very unsafe company- False claims about its location in Mexico are just the beginning of concerns with this broker. Furthermore, it promises investors profit percentages that are too high to be realistic, raising questions about its legitimacy. The lack of regulation and reporting by Spain's regulator for fraudulent activities are clear warning signs for anyone considering investing with them.

How to recover money from AX Trading?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «AX Trading: opinion and comments – Is it a scam?»

  1. July Reply

    This company will not let you withdraw. They haven't paid me yet, don't, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Julio, thanks for writing about AX Trading. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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