Reported Website: https://www.axencapital.com/
Axen Capital claims to be a trustable broker while presenting no details of its regulation. Lacking regulation info may be a distinctive characteristic of an unlicensed broker, as legit brokers always display their certificates and licenses in a prominent place. It is a red flag here. Besides, Axen Capital shows its office address is in Mexica. However, Mexica does not have any authority to issue licenses for forex trading or regulate brokers offering forex activities. That means Axen Capital is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
