Axis Capital Group: real customer reviews, official website review
**Reviews from real clients of Axis Capital Group: official website overview**
Axis Capital Group is a new leader in the investment field, aiming to educate clients in innovative trading. According to reports, the company has over 400,000 clients from various countries worldwide, with a total number of executed orders exceeding 230 million.
It is necessary to carefully consider the information before deciding to register on this platform, taking into account some traders’ reviews indicating fraud and dishonest activities of Axis Capital Group.
What is the situation with the parent company of Axis Capital Group?
On the official Axis Capital Group website, it is stated that brokerage activities are carried out under the management of Olympus Investment LLC, registered in the offshore zone of Saint Vincent and the Grenadines. Such registration choices in island countries are often associated with the risk of financial fraudsters’ presence and insufficient control by the state financial regulator.
Additionally, the broker’s internal documents indicate Infinitex Holding LTD, also an offshore company from the Marshall Islands. Relying on traders’ reviews and analysis of the Client Agreement, the grounds to believe that the company did not intend to act honestly become apparent. Some details also raise doubts:
- Clause 13.2 – the company is exempt from liability for client losses or failures,
- Clause 14.1 – in case of an insolvency situation, it is possible to refer to force majeure circumstances.
The information about years of experience in financial markets, claimed by the company, turned out to be unsubstantiated. Checking the domain registration date revealed registration only on May 4, 2020.
After the platform launch, negative reviews started to appear. Complaints about fraud and deception, which have become increasingly prominent, confirm the broker’s improper practices warned by independent reviewers.
It is worth noting that the company is not licensed for brokerage activities, which contradicts the requirements of the Russian Federation’s 460-FZ. According to the legislation, every financial agent is obliged to register as a legal entity, obtain membership in a self-regulatory organization (SRO), and obtain a license from the Central Bank of the Russian Federation.
Also, the lack of stability in the contact information is worth noting. According to reviews, contacting customer support via the provided email address and phone number is not possible, and links to social media pages supposedly belonging to the broker turn out to be inactive.
Cooperation terms on the Axis Capital Group platform
Under the guise of providing access to 250+ trading instruments, including currency pairs, commodities, liquid assets, cryptocurrencies, and stocks, the company does not actually offer demo accounts, instead offering education and support.
The Axis Capital Group staff immediately persuades the client to open a real account. The following options are provided:
- “Standard”. Minimum deposit – $250. Features: 20% bonus, 400x leverage,
- “Gold”. Initial deposit – $2,500, 1:300 leverage, 45% bonus, 1 risk-free trade,
- “Platinum”. Minimum amount – $25,000, 1:200 leverage, 70% bonus, 2 risk-free trades, premium indicators,
- “VIP”. Starting contribution – from $100,000, 100x leverage, trade support, 3 risk-free trades, analytics services, 100% bonus.
Real client reviews
Axis Capital Group has been operating for just over a year, but there are many conflicting reviews. Some clients express gratitude and satisfaction with cooperation with the company, while others accuse it of fraud. Feedback research has revealed the company’s use of fake reviews, as identified by independent platforms.
Therefore, complaints about Axis Capital Group have objective confirmations:
Fraud methods in Axis Capital Group
Brokers offer to deposit a significant amount to receive additional risk-free trades and generous bonuses. Traders may not notice the fraud for a long time, as scammers skillfully mimic the trading process. When the victim understands the essence of the scam, it is already too late. Writing off funds from the deposit due to force majeure circumstances per the Client Agreement is a game for fraudsters.
Review Summary
The Axis Capital Group platform does not perform brokerage functions, being a fraudulent maneuver created by unscrupulous individuals to extract funds from trusting users. The use of fake reviews does not help them avoid skepticism, as there are many deceived clients. Be vigilant and do not fall for the tricks of this platform.