✔️ Information reviewed and updated in May 2024 by Pedro Martínez González
In this section we will analyze the broker Axedo (also called axedo.co), is a Forex and CFD broker. Is Axedo really recommended for an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we review Axedo. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.
It is worth mentioning that the Axedo website does not have a Spanish version, although due to messages from Spanish-speaking customers, we have also decided to review Axedo.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Norms Group LTD.
As to its location, the broker mentions being based in: Saint Vincent and the Grenadines.
If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by Axedo, we noticed that they offer 3 different types of account / plans: the Fruit Juice Account, the Tequila Account and the Whiskey Account. We leave an image with a little information about each type of account.
Fruit Juice Account- Minimum initial deposit of $ 250.
Tequila Account- Minimum initial deposit of $ 1.000.
Whiskey Account- Minimum initial deposit of $ 10.000.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that Axedo offers are: MT4 platform.
We will now analyze the different resources and aids for traders that Axedo provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Axedo provides the following aids or resources to traders or stakeholders: some live charts, information on basic concepts about the world of investing, information on the products that Axedo offers, really not much more than this.
| Other information about Axedo |
Some more information in case you want to contact the company, or see its website for yourself.
Website: axedo.co
Telephone: 1-888-709-7646, 1-646-885-6594 y 1-646-885-6486
Email: unmentioned
>>> Assessment on Axedo <<
Ending with this section, in our opinion Do we believe that the Axedo company is reliable? Should you invest your money with the company?
The truth is that, we recommend to exercise caution, because: it is an unregulated broker, it is based in unsafe countries, when looking for reviews about Axedo we really did not find any other reviews, which makes us think that it is a broker without a track record. We suggest using caution.
⛔ Attention ⛔: in August 2020 CNMV added Axedo to your list of fraudulent financial companies, for acting without authorization.⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the CNMV August 2020 warning ⚠️⛔ Attention ⛔ : in January 2021 CONSOB added Axedo to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to CONSOB's January 2021 warning ⚠️⛔ Attention ⛔ : in April 2021 BAFIN added Axedo to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to BAFIN's April 2021 warning ⚠️We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”426 ″]
The photos of the account and the emails where do I send it?
Hello Rocio, save them as proof to be able to show that you have that balance in your account and that you have sent the emails requesting that no more operations be made from that same date or the next day.
Greetings.
Good morning brokers, I have sent two different emails, and they do not allow any email to enter, and the email of my adviser I do not know, I can ask you, but you will lie, now someone else calls me saying to give them the card information They return the money, and it is a scam too. I have withdrawn the money on the platform and it makes me pending. It won't let me withdraw it.
Hello Rocio, take a screenshot of your balance in Axedo and send email to all the contacts you have of the broker requesting the cancellation of any type of operation, tell them that you do not want any more operation to be made and that they return your money, the data of your card already have them, do not give them more information.
It is a scam, it is from Saint Vincent and the Grenadines, they will do what they want with your money and you will not be able to do anything about it, excuse the sincerity.
Greetings.
I'm Rocío, I found them through an ad on Facebook, and they quickly called me, and they wrapped me up quickly, over the € 1000, I made them by transfer.The advisor is also called ajla, and she operates on my platform, today I stayed to talk with She to see if I can get the money back. The platform, I do not know how to get the money, I made to withdraw and it makes me Pending.
Hello Rocio, send an email to your Axedo advisor, with a copy to the support department and all the emails you have from Axedo and ask them to cancel any type of operation in your account, not to perform any more operations and that you want them to send your money. Likewise, being a broker from Saint Vincent and the Grenadines, they will probably invent something to lose your money, take a picture of your screen with the current balance and take a picture of the emails sent.
Greetings.
Hi Rocio, thank you for sharing your experience with Axedo. Thanks for giving more information and helping our users. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards
Hello,
I am the same as the others, deposit of 250 and request for refund pending for more than a month. I have asked the advisor (Ajla is called) but there is no response. Of course, they ask me for a minimum of € 1000 to continue investing.
On the other hand, now I am harassed by a bunch of investment firms that I don't know about, and they keep calling on the phone.
I don't know what to do so that it doesn't cost me more money.
Hello Isabel, thank you for sharing your experience with Axedo, it is a broker from Saint Vincent and the Grenadines, they do not have any regulation, it will be difficult to rescue it. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards
Hello, my name is Rocío, I'm from Spain, everything is fine with the broker until she told me to make a bank transfer of € 1000, and today Yani calls or answers. Can someone help me?
Hi Rocio, thank you for sharing your experience with Axedo. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Axedo is an unregulated broker, it is very unreliable, try to withdraw if possible.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards
Hello, my meeting with these "gentlemen" has been a book, very nice, they harass you and "see" what they inform you.
They are asking you for more but you don't "touch" anything, a lot of web page, hoaxes, and in the end they stop contacting, silence and nothing moves, Everything is in that account but NOTHING. I'm going to report them so they don't keep running over dupes like me.
Hello Isaac, thank you for providing your comments about Axedo and preventing future deception or scams, as you can see on our website we give you the option of being able to recover all or part of the money with a company that specializes in this and that has proven to be very effective. :
https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/
On the other hand, if you have more information about the broker or if you know where its real headquarters are, from where the calls are made, it will help a lot in reporting this supposed broker.
Greetings and good luck!
Hello, I have seen Lucía's comment and the exact same thing happened to me. I had an advisor named Monica Smith who called me every other day and she has taught me a lot about the world of finance, so she has not made me distrust at any time, until now.
Unfortunately, on Monday, Monica was offered a new job in the US and the substitute has not contacted me yet and on the whatsapp she used with Monica either, which has made me suspicious and I have withdrawn 500 euros that is pending still the request, The tel. that appear on the website tell you that they do not exist, which I think is going to be a scam and I am about to report it.
Hi Tania, thank you for sharing your experience with Axedo. Don't send them more money, they won't give it back. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place? Do you know its actual location?
regards
Hi, I have an Axdo account, and I can say that everything is a hoax. I don't have a lot of money in my account but they are mine and I wanted to withdraw it for more than a week but the operation is still pending, I have sent messages to the Axedo advisor and no one answers me, I don't know what I can do. If someone can help me or give me advice please help me.
Hello Lucia, if you can contact me, write to me at [email protected]
[email protected] Hello Ana write me to my email and I will help you. Greetings
Today I subscribed in axedo without knowing that it is a scam and I just paid € 250 I need help
Hi Jose, thank you for sharing your experience with Axedo. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards
Hello, very good, I wanted to ask you to see if axedo is reliable or if someone has had a problem with them.
Hi Car, for your question about Axedo, as you will notice in this review, WE DO NOT RECOMMEND AXEDO, since it is an unregulated broker, it is based in unsafe countries, among other very negative characteristics.
regards