Reported Website: https://www.axia-phoenix.com/
AXIA claims to be a reliable broker while presenting neither details about its regulation nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their accreditation and licenses in a prominent position. It is a red flag here. Besides, AXIA shows its office address is in Hong Kong. However, we did not find any match results to AXIA in the Hong Kong Securities And Futures Commission (HK SFC). That means AXIA 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.
