AXEINVEST Review Is Axeinvest.com A Legit Forex Broker

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Axe Invest Review – is it scam or safe?

Trading Accounts & Conditions

Zero fixed spread

0 pips + commission

Axe Invest is a forex broker, which offers five account types, most of which are commission-free. As you can see from the table above, this broker does not specify its spreads, be it fixed or variable ones.

Axe Invest Advantages

High leverage ratios

This is one of the few good sides of Axe Invest. With a maximum leverage ratio of 1:500 , this broker will satisfy even the needs of the most aggressive traders. However, keep in mind that leverage levels this high can result in heavy losses.

Registered offshore, ASIC warning against it

Axe Invest is allegedly owned and operated by Madar Partners LTD, a company registered on the Marshall Islands. Offshore zones like those islands are famous for their lax tax and legal regimes. They are basically not licensed, nor subject to supervicion by any authority. So, no wonder many of them are pure scams.

Most brokers offer spreads within the range of 1.0 – 1.5 pips on EUR/USD.

No demo accounts

Yet another thing that makes us think Axe Invest is not a reliable broker is that it does not allow (potential) clients to test its services and platform for free. We registered for a demo account but could not access the broker’s platform to test it.

MetaTrader 4 not available

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Axe Invest provides its services a web-based platform, which is allegedly “in-house developed”. Judging by the picture on its website, it is a hybrid platform for trading in both forex and binary options. It is offered by other unregulated brokers which we have reviewed (Easy Line Pro, Point Investment Group and outright scam GBOCapital ) .

High w ithdrawals f ees

Most brokerages do not charge deposits and withdrawals, however Axe Invest applies pretty salty w ithdrawals fee s : $50 for bank wire transfers; $35 for withdrawals with credit cards, and $25 per transfer via ePayments.

In addition, a levy of 10% of the withdrawal amount will be charged to any withdrawal from an account that has not executed more than 200 in turnover and/or from accounts that have not been verified.

Conclusion

When we come across brokers like Axe Invest, we wonder what would tempt traders to invest with it.

Low spreads? The broker has not announced them and does not offer demo accounts either. So, we don’t know what spreads it offers.

Great platform? Axe Invest seems to offer its services on an unusual web-based platform, used mostly by brokers with questionable reputation like itself.

Regulation by a credible institution? The broker is registered offshore, on the Marshall Islands.

Considering the above said, we strongly advise you against doing business with Point Investment Group. Instead, we suggest that you select a forex broker licensed by a reputable authority, such as UK’s FCA, Cyprus’s CySEC or Australia’s ASIC, which impose strict rules and see to their compliance.

Here is a list of the advantages and disadvantages with regards to Axe Invest :

Standard minimum deposit

Spreads not specified

No demo accounts

MT4 not available

Salty withdrawal fees

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for Axe Invest

Spread

Slippage

Requotes

Price feed

Platform

Deposit/Withdraw

Customer service

Summary

I would like my 750 euros refunded to my credit card please.

Haven’t heard from them for a while. I believe they held 800 euros in my account which I asked to get back. That was lady Steptember . Can you put me in contact with them please? Thank you
2

Axe Invest – Betrug und LГјgen ohne Ende

Hände weg von diesem sogenannten Boker
ich habe in mehreren Tranchen insgesamt € 22’000 eingezahlt. Das Konto stieg danach auf Гјber € 66’000. Als ich das Geld ausbezahlt haben wollte, ging das Гјber die Website axeinvest.org nicht. Der sogenannte Broker, der sich Daniel Martinz nennt und ein teilweise kaum verstГ¤ndliches Deutsch sprach, wollte dann von mir nochmals fast € 20’000 fГјr GebГјhren, Steuern etc., bevor er mir die gesamten € 66’000 auszahlen kГ¶nne. Nach fast tagelangem Hinundher per Skype senkte er dann die sog GebГјhren auf knapp € 15000. Ich habe natГјrlich nicht bezahlt und nun droht “Herr Daniel Martinez” (es ergeben die Recherchen im Netz, dass es mehrer Tausend Danniel Martinez gibt) damit, dass ich keinen einzigen € erhalte, auch das eingesezte Kapital nicht. Ich kГ¶nnte die Diskussion auf Skype, die lГ¤ngere Zeit nur schriftlich gefГјhrt wurde, zur VerfГјgung stellen.

Translated by Google:

Cheating and lying without end
Steer clear of this so-called boker
I paid a total of € 22,000 in several tranches. The account then rose to over € 66,000. When I wanted to have the money paid out, it was not possible via the axeinvest.org website. The so-called broker, who calls himself Daniel Martinz and spoke a partially barely understandable German, then wanted me to pay almost € 20,000 again for fees, taxes, etc. before he could pay me the entire € 66,000. After almost a day of back and forth via Skype, he then lowered the so-called fees to just under € 15,000. Of course, I did not pay and now “Mr. Daniel Martinez” (there is research on the Internet that there are several thousand Danniel Martinez) threatens that I don’t get a single €, not even the capital invested. I could make the discussion on Skype available, which was only in writing for a long time.

Axe Invest – Never give them any money!

AXE Invest is a “””Gangster Outfit””” don’t ever give them any time of the day to listen to their lies! and never give them any money, they cheat you they f. you, they lie to you when you ask to get your money back.

It happened to me and many others.

Withdraw my fund

I have deposited 2250 pounds in axe invest and i have not got any profit yet so can i get my refund back please?

Axe Invest a Huge Scammer

Could never get my Invested Money back or my money through Positive Earnings (winnings) on my Trades. Don’t touch these people with a “ten foot pole” if you don’t want to throw your money down the drain! Choose a Broker who is REGISTERED with a Governing Body that enforces the rules and is not registered in some place like “The Marshall Islands”. I was suckered in by attempting to reach an NBA Basketball player who is a top star and was written up on the internet. When someone answered my inquiry they said (the Broker) that they were with the Brokerage that this “Star” and his two College room mates had started, to trade Bitcoin. I really should have done more “Due Diligence” as YOU SHOULD before dealing with Internet Brokers. Good Luck AND BE SMART.

Scambroker

Please ignore Axe invest, I’ve been scammed. Beware of someone by the name of Anthony Vestri(maybe a fake name), he will steal your money. Giving you all sorts of excuses. Never want to talk about your money back. Withdrawall not succes, always everykind of excuses. Not somebody to trust at all.

I would like my 750 euros refunded to my credit card please.

I have been unable to track the progress of my investment. I have previously spoken to an Alina Muller. Now can I have my money back in GBO please? Thank you.

Refund my money

Axeinvest has taken my money and they are not receiving my call as well as not giving me any acknowledgment. So please I need my money back

This site is just another scam you can find on the internet. I put in my 250 US and after 2 weeks I asked to have my money returned and they refused.

Money back request.

Mr. Marcus Gray.
I invested in this company on a scam promotion on the internet. I want all my money back $250.00 please.

AXE INVEST – representative Mr. Marcus Gray taking my money with empty promises and disclosure AXEINVEST is a conmen company

Hello Freddis Tee,
I hope this email finds you well,i trying calling you but you are not answer my phone calls .
I would be very happy to see that you getting your money back,
i trying the best for helping you ,
Please let me know when are you free to call you again.
Kind regards

Marcus Gray
Senior Financial Adviser
t: + 442080893060
m: + 41225017515
e: [email protected]
Dear Tee ,
I hope this email finds you well, i just get an email from bitcoin they told the money will back to the account on Tuesday ,only 5 days we need to wait and everything will good for you as already has said to you from the beginning ,
Thank you for your understanding,
Kind regards
Marcus Gray
Senior Financial Adviser
t: + 442080893060
m: + 41225017515
e: [email protected]
The above is Mr. Marcus Gray message me but he take my money and never ever deliver his promise to me. after taking my money, he disappear without contact me and his mail also can’t ever get through since from that. He is cheating me. Then he get the next persons’ contact me is Mr. William and asking me to provide account no. for him. They are bullshit with me.
Please WATCH OUT to AXEINVEST tactics to con-money from potential victim search from Internet as they put up their advertisement is very attractive is to attract potential victim fall to their TRAP in order to con-the money only.

Listen below
When they search you as their new customer (falling their trap) they (all ranging of the company representative) will keep unstop calling you. Once you take their call, they will persuade you to invest into their recommend counter with offering you they will top-up amount for you but you actually is falling into their TRAP. The persons calling/deal with you will ask you to open your computer then ask you to open up ANYDESK so they can show you the counter and follow up ask you to give them DEBIT/CREDIT CARD account no. and start do the money transaction to their company/personal account without explain to you. They will start showing you do the trading counter and later tell you that the counter is lose money and ask you to top-up money with not ending want. Later the person-deal with you will disappearance and you can’t ever contact with him. The company will change the next person call you and do the similar job – is ask you open computer and NAYDESK and ask you to provide them DEBIT/CREDIT CARD account no so they will do the transaction to take your money without explain to you and never ever refund your money when you request. (BECAREFUL THIS IS THE COMPANY NOT GUINENCE JOB) When you ask your money, they will talk to you that you need to pay the company FEE/TAX in order to get your money back, but once the transaction done, he/she will disappear themself and you would never ever get your money back. I got experience on it. PLEASE DO NOT SURPRISE this is the company job/activities to take/con all your money. DO NOT EVER BELIEVE/ THRUST THEM WHAT THEY TALK TO YOU.
The AXEINVEST is doing not guinence job to cheat the people money, I wonder how they obtain the MADAR PARTNERS trading license instead should revoke the license. so the public do not fall into their TRAP and become a victim.
Furthermore I do the internet search and find the company only has obtain off-shore registered company and it is very dangerous once you become victim is very difficult to apply court to suit the company. Also a lot of country is ban AXEINVEST such as AUSTRALIA even ban/block their web-site also.
I urge to a victim please make a police report to uk. police via internet of action uk.police web-site or embassy and also your country all sole of society channels to disclosure your case to public. and you can engage blackstone, money chargeback or money charge dispute for a chance to get your money back.

Loss of all funds

The person who was supposed to be looking after my account, DONALD BAUER, proved to be incompetent, aggressive and a very unpleasant person to deal with. On the 5th July at 0629 I sent him a message informing him that he was not to carry out any further trades. The same day he put me into trades that were clearly not suitable and sure enough within days my account was wiped out and that was from a person who should have been looking after my interests. He is a disgrace and for you to employ people of his demean is also disgraceful. I ask you to reinstate the money that I consider to have been stolen from me and to ensure that BAUER is no longer employed by you. GERRY MERRITT

Axeinvest/Madar Partners/Parexsin Consulting Scam

My mum got fooled by this company and have now lost over 20.000 Euro. The company seams criminal and vey unprofessional to me.
The first account manager Raul Saurez spoke Swedish and was the one convincing her to make the investment by taking short term credit after she invested the money he was not to be reached anymore. When she tried to contact the firm via mail/phone in order to close the account and withdraw the money she did not get any answer/could not reach anyone. I have tried to help as well and talked to her second Account Mgr Brett Owens that promised the money should be transferred back to her. He called several times and confirmed this. On the Axeinvest Platform her “Withdrawal” Request has been canceled. No money has arrived and yesterday a new Account Mgr calls “Nick” and says the account needs to continue trading for 2 weeks or a tax fee has to be paid to get the money back!
I hope my mum will get her money back with help from the police, bank & lawyer – that Axeinvest will transfer the money voluntarily I don’t see happen. They are the worst company ever I have come across. – how people can fool an old lady like this goes beyond my understanding. Fooling her to install Anydesk so they can pretend “ to help” her !
I really hope nobody else gets fooled by these company or any of the partner companies (Madar Partners, Parexsin Consulting, Joshua Limited).

Axe invest its just host business

Be ware. Axe Invest its just Host Business. They take 300 Euro from me and no answer back.
I go to Police now. Probably never gona gott the money back. But ian gona do it hard for them to continue there host business. Do not put in money. Do not even talk to this asholes.

Axeinvest svara inte när jag ringer

Jag vill ha mina pengar tillbaka 21500 euro, axeinvest svara inte när jag ringer har försökt ta ut pengar på mitt MasterCard men banken har stoppad det. Kan någon hjälpa mig att få pengar tillbaka. Jag är pensionär änka och känner mig grundlurad.
Hjälp mig

Translated by Google:

I want my money back 21500 euros, axeinvest not answer when I call have tried to withdraw money on my MasterCard but the bank has stopped it. Can anyone help me get money back. I am a pensioner widow and feel basic.
Help me

AxeInvest.com Review Visit site

About AxeInvest.com

AxeInvest is a forex broker. Axe Invest offers the MT4 forex trading platform. AxeInvest.com offers forex currency pairs, spot metals, stocks, futures, spot indices, cfds and commodties for your personal investment and trading options.

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Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 1000:1
Minimum to Open Live: $250
Established: 2020
Address: Trust Company Complex, Ajeltake road, Ajeltake Island, Majuro, MH96960, Marshall Islands
Contact: [email protected], +442080893060
Regional offices:
Regulators:
Prohibited countries: Unknown
Trading platforms: MT4
Currencies:
Cryptocurrencies:
CFD:

Yes

EAs/Robots:
Deposit Methods: Bank Wire, VISA, MasterCard, Dotpay, Ecommpay, Maestro, Netbanx, Neteller, SafeCharge, Skrill
Withdrawal Methods: Bank Wire, VISA, MasterCard, Dotpay, Ecommpay, Maestro, Netbanx, Neteller, SafeCharge, Skrill

Live discussion

Join live discussion of AxeInvest.com on our forum

Video

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Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

Consumer Reviews

Service use: Live

Length of use: 6-12 Months

Service use: Live

Length of use: 0-3 Months

I DO NOT recommend AXEINVEST or any offshore broker!

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Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

AxeInvest Review

Axe Invest is an unlicensed CFD broker, which opened in September 2020.

AxeInvest is now owned by: Madar Partners LTD, which is located at: Trust Company Complex, Ajeltake Road, Ajeltake Islands, Majuro, Marshall Islands MH96960. Their phone number from Switzerland is: +41 22 501 7515 and from United Kingdom: +44 208 089 3060. Email address for withdrawals is: [email protected] Official website: https://AxeInvest.com/.

Find complaints or withdrawal issues, read this.

AxeInvest Broker Review

When reviewing the brokers at AxeInvest, we see that they are using the CFD trading platform made by TraderSoft. Underlying assets available for trading were hundreds of Stocks, Currency Pairs, Crypto, Oil, Gold and Market Indexes. They don’t have mobile apps or MetaTrader5 like most brokers offer.

Minimum deposit for a Micro trading account is $250, and leverage available is 100:1. Other account types include higher leverage up to 1000:1. Spreads for Bitcoin trading was as wide as $135.

You will see that Bonus Money is offered will all new accounts. If you do not understand the trading requirements attached to bonus money you will end up having problems withdrawing your money.

WARNING! Trading software you see advertised online, are scams, learn why.

If you want a professional software, look at these.

AxeInvest License & Regulation

Scam Broker Investigator reviews and compares CFD brokers to determine if they are a legitimate company, or a scam broker. The first thing we look for in a broker is to see a valid licensed from a government financial regulator, like ASIC in Australia or FCA in the United Kingdom.

Trading with a licensed broker ensures you will not have issues withdrawing your money, read more.

AxeInvest is not a licensed broker. ASIC Australia recently warned investors not to invest with this broker, read this.

Compare Forex CFD Brokers

When choosing a new Forex broker, it is very important to verify that they are licensed for investors from your country of residence. You have hundreds of Forex brokers to choose from, but most people end up using one of the most popular brokers.

ForTrade is an FCA authorised and ASIC licensed broker, that is based in London. Try a Free Demo Account of their unique trading platform, signup here.

What was your experience investing at the broker AxeInvest? Please leave your review in the comments below.

Axe Invest Review – 5 things you should know about Axeinvest.com

Beware! Axe Invest is an offshore broker! Your investment may be at risk.

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

Axe Invest is a forex brokerage which does not disclose much information about itself. Traders are provided with a hybrid trading platform and a wide range of trading products. From the website we gather that potential clients are also extended an extremely generous leverage of up to 1:500 and required to put up a deposit as low as $100 in order to do real-money trading.

Axe Invest regulation & safety of funds

According to the website of the brokerage the country behind it – Madar Partners LTD – is registered in the Marshall Islands. This is an offshore location which does not regulate forex trading, but does have very liberal laws regarding the registering of new firms. Precisely because of this it is a favorite location for many scammers since they needn’t even physically be there in order to register the company.

Furthermore, we could not see on the website any option for a test-drive of the trading platform which is another worrisome sign, especially if the brokerage is from the Marshall Islands and is not overseen by any authority. We do not even gather what the spreads are. Another troubling thing on the website is the address given in Russian which does not add up with the information presented on the website. The lack of crucial information, coupled with the clear lack of regulatory oversight are all warning signs for traders and reviewers alike. Such irregularities make us suspect that clients will be open to a number of risks.

We urge traders to exclude such risk in trading by only associating with brokers regulated by prestigious regulatory agencies, such as the FCA and CySec, which require compliance with a number of strict rules that give significant assurance for the security of the clients funds.

The segregation of accounts is among the rules which are especially important in the trading world, because it drastically lowers the risk of possible commingling.

Another is the participation in a compensatory scheme by which the client’s losses will be covered in the unlikely case the broker goes bankrupt or attempts to swindle traders.

Axe Invest deposit/withdrawal methods and fees

Potential clients of the brokerage may deposit or withdraw via VISA and MasterCard, bank/wire transfer, Upay card and ePayments. Popular e-wallets such as Skrill or Neteller are missing. Going through the brokers terms we did come across worrisome provisions such as excessive withdrawal fees. There is a fee of $50 for withdrawals via bank wire transfers, $35 for withdrawals with credit cards, and a $25 procession fee for withdrawals via ePayments . Judging by all the signs – Axe Invest is most likely a scam and scammers usually enjoy charging clients unexpected fees only after they have received their initial deposits.

This is why we remind readers of all the ways a trader may test the brokerage’s intentions. Firstly, traders are advised to always put up only the required minimum deposit, instead of risking a bigger amount with no certainty. Afterwards, they may also try to withdraw a small amount in order to check for any unexpected fees or delays. Such fees and delays are usually the signs of a scammer.

How does the scam work?

One of the reasons regulation has such value in the trading world is because scamming is quite common and it acts as a sort of guarantee that such a thing would not happen. Nevertheless, here is how a typical scam would go about:

Through clicking an ad with promises for fast money, you will be redirected to a website such as Bitcoin Evolution or Crypto Revolt where registration will require you to give your address, email and phone number. After sharing your personal information, you will being receiving calls from brokers, compelling you to invest with them and win big. After a few minutes hearing their pitches, you decide to deposit some $200-250. And just like that – the scammers take a fat commission from this initial deposit.

After they are done with you, senior scammers begin working you into putting even more money. They say it’s the only way to profit from trading even more. After making the mistake of investing even further, you’ll begin wanting to get out of this and withdraw what you have left.

Unfortunately, the con-artists have no such thing in mind. They will now begin persuading you to wait it out and not withdraw right now. The angle here is pretty blunt – traders have a limited time period for filing a chargeback with their bank and get their money back. The “recovery department” will simply want to mislead you into missing thе crucial period and, along the way, losing any chance you might have of getting the money back.

It is important here to take notice that both Visa and MasterCard are taking measures to combat unregulated forex brokerages by classifying all forex transactions as high risk. And with the case of Axe invest – they are correct in doing so. Furthermore, supporting their intention with clear actions – MasterCard has increased the previous time period of six months for filing a chargeback to a year and a half. Visa is expected to do the same in December.

What to do when scammed?

As was mentioned above, scamming is quite the common in the trading world and, sadly, even you might suffer from it. In such an unfortunate case there still may be some available options for you.

You may contact your bank or credit card provider and file a chargeback.

If, however, you have provided the broker with your credit card details, immediately cancel your credit card.

If you have given information regarding your online banking pass – you should switch it asap!

Beware of potential calls from self-described “recovery agencies”! They prey on scammed and vulnerable traders who are desperate to recover their losses. They will require an “up-front” payment to help you, but after paying them, no such help will be coming your way!

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