Axiory Markets is an unregulated broker that claim to be one of the leading platforms in the United states. Read this Axiorymarkets.co review before you consider trading with them.
It is common for Forex brokers to claim that they provide the best trading environment in the market. This is because everyone seeking out easier ways to trade effectively does so to make more profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared towards deceiving traders and stealing their funds. Therefore, considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit brokers at the bottom of this article.
Axiory Markets is owned by Axiory Markets Ltd. The contact address given on their website shows that they are located at Los Angeles. The assets they trade are forex and Binary options
Why you should avoid Axiory Markets.
We found the following disturbing information about Axiorymarkets.co after going through the website.
Axiorymarkets.co licensing and regulation.
An important aspect of our review is to find out whether or not a broker holds a license from any of the recognized forex regulatory authorities. First, look at the region or location where the company or broker claims to be based, then we check the commission or authority regulating trade there to know whether that company has been listed among their regulated companies or not. For instance, FCA is the regulatory body overseeing the operations of forex brokers located in the UK while Australian forex brokers should be regulated by ASIC.
Axiory Markets tries to pass off as a regulated broker. They claim that they are regulated by IFSC of Belize, CFTC of New York and CySEC. Unfortunately, these authorities do not recognize this broker as one of their regulated brokers. As a matter of fact, IFSC has issued a warning urging the public to beware of this broker stating that it is a clone site of a company that is regulated. They also appear on the list of CySEC non approved domains. This is enough evidence to show that this broker is unreliable and you should stay away from this broker.
Axiory Markets deposit and withdrawal method.
Axiorymarkets.co says nothing about the minimum deposit they accept, their account types and how long it takes to process withdrawals. This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money. This is a clear sign that you should stay away from this broker.
The payment methods available are credit cards, Bank wire and Bitcoin transfer and e wallets.
Axiory Markets trading platform
One annoying thing about this broker is that they do not even provide any trading platform. one of the things you should look out for in broker’s website before deciding to trade with them. is the availability of the Metatrader platforms. This is because Metatrader 4 and 5 are user friendly have become the generally accepted trading platforms used by legit brokers.
There is also no information on the leverage they offer. So far, you can see that there is no reason for you to trust this broker. Omitting vital information about their services is enough proof that this broker is not worth your funds.
Conclusion: Is Axiory Markets worth your money?
No. Axiorymarkets.co is not a reliable broker. They lack transparency. Moreover, they are not regulated by any of the recognized regulatory authority as they claim. Therefore, we do not recommend this broker. We advise you to only invest with licensed brokers to avoid regrets.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry. They offer trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Most importantly, the Financial Conduct Authority(CFA) in the UK as well as ASIC in Australia are the regulators of Fortrade. This makes makes client funds safe. They accept traders worldwide..visit their official website