Real broker or scam: A review of the AxiomTrade project and client reviews
SNAPSHOT: Fake company AxiomTrade — deception and fraud
Over the past years, the internet has seen a sharp rise in dishonest schemes. One such example is a scam called AxiomTrade. Scammers skillfully manipulate clients, suck their finances out, and then disappear, taking their earnings with them. So, how did positive reviews about the organization “AxiomTrade” emerge, and what is hidden behind the masking of these crooks? Let’s find out.
Fraud “AxiomTrade”: Some facts about swindlers
Charlatans from AxiomTrade call themselves leading figures in the industry, talking about super-innovative ideas, a new generation platform, and experts with extensive experience. However, their real age is not so transparent.
The axiom-trade.pro website was registered in December 2020, which explains the absence of reviews about the charlatans. Clients simply have not had the time to realize the true picture yet.
The fraudulent company hid key information in the footer of the website. According to documents, the scam “AxiomTrade” is owned by the Widdershins Group Ltd, allegedly officially registered in the offshore jurisdiction of Dominica. Dominica adheres to strict confidentiality policies, and information about the shareholders and directors of the company is not publicly available.
One can even acquire an offshore company remotely, freeing such entities from fear of the law, law enforcement agencies, or disgruntled traders who are unlikely to be able to cross thousands of kilometers to meet the scammers.
Interestingly, the same organization is mentioned on the websites of scams like CFBroker, Adamant FX, and Supra Trade.
Most surprisingly, there is no mention of a business center at the indicated location. This location is associated with a 3-star hotel.
The Financial Services Unit in Dominica (the main regulator of offshore jurisdictions) has no information about Widdershins Group Ltd. Therefore, we are dealing with yet another deception that will soon drown in criticism.
In the “Contacts” section, the scammers placed a number with a Russian code (+7 4999-549-606), although they have no offices in this country.
There is arbitrariness in the internal documentation. In the “Terms and Conditions,” AxiomTrade scammers reserve the right to change the terms of the agreement at any time, annul bonuses, restrict account access, or even refuse to fulfill the contract.
Baits to attract clients: Overview of AxiomTrade accounts
The scammers at “AxiomTrade” promise clients indefinite benefits, including 24-hour support, an intuitive interface, and safe trading. In reality, the situation is not as rosy.
According to AxiomTrade, they have about 150 high-quality instruments (currency pairs, stocks, indices, metals), as well as “excellent” types of accounts. However, the use of such epithets by scammers raises doubts.
The website offers 6 types of accounts — “Basic,” “Standard,” “Classic,” “Professional,” “Premium,” “VIP.” The minimum deposit amount is $250. The conditions are standard: leverage of 1:100, welcome bonuses (which scammers can take back), and a financial advisor.
Unraveling the threads of AxiomTrade reviews
Positive reviews about scammers only exist on the AxiomTrade website, where they are written by the fraudsters themselves to confuse newcomers who believe in the sincere intentions of such companies.
There are few real reviews about the fake broker so far, but it’s only a matter of time.
The essence of the AxiomTrade fraud
Even without reviews, it is clear that scammers apply a standard scam scheme. They convince the unfortunate ones of unattainable wealth and draw them into a game with confidence in golden mountains, supported by fake consultants. It’s impossible to withdraw a profit — they will persuade you to wait. If that doesn’t help, sudden misunderstandings about debts and bonuses arise. In short, you will not see your capital again.
Publications that may interest you:
- How to earn income online?
- Secrets of wealth accumulation: how to become a millionaire!
- 21 movies about traders: what is worth watching
Concluding the review
AxiomTrade employees are real criminals seeking to enrich themselves at the expense of others. They have recreated a standard website, filled it with false information, and are persistently trying to maximize their gains. This self-proclaimed organization has no licenses, physical addresses, and thus, engaging with AxiomTrade is simply dangerous!