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AxeCap Limited Review
Once Axecap Limited has your money, they may block your data from accessing the services they offer. Furthermore, there is no reason to invest your money with the company.
Axecap Limited is an offshore broker that claims to be the future of trading. They brag about having 36 qualified personnel who operate towards generating attractive returns your way. They urge traders the company is suitable for filling in the gap between institutional traders, and they provide an opportunity for all to benefit from in the trading world.
Axecap Limited is suitable for traders to earn from trading: Forex, stocks, and commodities, among other assets. The company looks forward to providing trade solutions for scalpers, day and novice traders. Furthermore, if you have any thoughts of investing with the company, you should hold that thought for a while. As you read this impartial review on Axecap Limited, we highlight several red flags they expose, and your funds are at risk.
In addition, trading is not a walk in the park without proper understanding and education around the niche. Meanwhile, you should consider these forex brokers for a pleasing trade experience. Unlike Axecap Limited, they apply tried and tested traits that will generate desirable trade outcomes. They brag about delivering outstanding returns but how they do the same is the primary concern. Axecap Limited website design is poorly done, and the sales page has a lot of essential data is left out.
Axecap.co promises you multiple advantages, and they guarantee fast trade executions. They offer leverage of up to 1:500, and You should be cautious because high leverage is significant when you incur losses. Also, there is no such thing as constant returns, and just like every other business, you will encounter profits and not-so-profiting days.
Furthermore, they fail when it comes to transparency. The company does not reveal the kind of style they use for operation. The type of algorithm it uses in coming up with returns is unknown. Also, you will end up counting on tools that will not attract any profits before investing your money. You should fully understand how the software works, and Axecap Limited does not meet the recommendable transparency level.
Axecap Limited does not reveal any information about the founders and the team of employees. They claim to offer top-level services, and they brag about having broad experience in the trading world. However, without any qualifications data, you risk counting on people who have no clue how the trading world operates. Besides, depending on anonymous people to make profits for you is not advisable.
How Axecap.co Operates
Axecap.co offers trading services 24/5, and they have dealing desks hence no requotes. They assure customers of the capability to trade on very low spreads, and they guarantee fast trade executions. However, they do not seem to have a suitable approach towards trading. The company exposes so many red flags that only prove the company is a fraudulent scheme. The people behind the company hide their data and how the software operates as well is mysterious.
Axecap.co allows you to invest from any platform, and you can invest from anywhere with an internet connection. Accordingly, since they showcase so many scam traits, they will not function any differently. Hence Axecap Limited will contact you via various means, and they will try to persuade you into making deposits. Even so, they may use attractive bonuses on the first deposit.
Accordingly, once you fall for the bait and make a deposit, then that’s the end of business between you and them. Once Axecap Limited has your money, they may block your data from accessing the services they offer. Furthermore, there is no reason to invest your money with the company. They do not seem to have any trade activities going, and they only seem to focus on the funds you deposit.
Additionally, past trade data for at least three months or more should help determine the kind of returns to expect from the company. Axecap uses Meta trader, which is the only positive factor regarding the company. They claim to have more than 100k users and not a single trade evidence for the same. Thus they may be attracting negative returns, and such data is not welcoming to the company.
Axecap Limited Funds Safety
AxeCap Limited does not guarantee any safety of funds. Furthermore, there are several factors to consider before you decide to invest your hard-earned money. Also, you can hardly count on anonymous people with your money to make profits for you. Axecap.co does not have any reasons you should think that your money is safe. They do not have any transactions to prove that you can swiftly transact in the company.
In addition, you cannot test and familiarize yourself with how it operates thus, investing real money with Axecap Limited without fully understanding how it functions may lead to losses. Therefore the only likely beneficiaries are the platform founders. They do not reveal any banking details, and the people behind the company might be keeping your funds in personal accounts. Thus you will be waiting for profits that will never approach.
Axecap Limited Deposit and Withdrawals
Axecap Limited allows you to deposit a minimum of $1000. The figure is exceptionally costly, mainly since they operate with a lot of ambiguity. Furthermore, you can fund your account through Wire transfer, Fasa pay, bitcoin, Ethereum, and Visa, among other methods. Accordingly, you should stick to credit/debit options since they allow a chargeback of up to 540 days.
Wire transfer and cryptocurrency transactions are irreversible, and once you make a deposit, there is no turning back. Axecap.co does not have any evidence of successful withdrawals, and you will not receive any preferential treatment. Scammers will come up with massive excuses to hold onto your funds for as long as they can, and you will not receive any profits. They do not have a refund policy to reclaim your money if the services they render do not please you.
Axecap Limited has a location address that links to New Horizon Building, Ground Floor 31/2 Miles Philip S.W. Golden Highway, Belize City Belize. Accordingly, if the same information has nothing to do with Axecap Limited. Thus if they forge location information, the probability of getting any response to your queries is very minimal. Working customer support helps create more trust between you and the company.
They provide customer support 24/5, and you can contact them through telephone contact or by writing to their mail address. Axecap Limited will not respond to any of your queries once they have your funds. Also, they aim to provide a customer-friendly interface without pro[er customer relation is unknown.
Axecap Limited Regulation
Axecap Limited is not regulated because they are not under the radar of any legit regulators. Thus they are illegally generating funds from the public while they purport to offer trading services. Unregulated companies do not last long in the market, and they easily break trade laws as they want. On the other hand, you can always count on these regulated forex brokers for transparent trading services. You can easily find regulation documents and verify the same information.
The people behind the company know they risk facing criminal charges, so they hide personal information. Axecap Limited can barely afford regulation fees, and they will end up facing bankruptcy. The company can easily face closure at any time once the law enforcers realize the company.
Axecap Limited does not apply any reliable trading strategies, and they are only after the funds you deposit. They have a shady style of operation, and they do not have any past trade data to help determine the returns to expect from the company.
Thus, you should stay away from the company and always trade with these reliable forex brokers. They applied a reasonable trade approach and tried and tested traits; hence you get to enjoy a pleasing trade experience.