Forex Brokers

arixatrade.co

1.4 (9 reviews)
🇨🇭 Switzerland
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1.4
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About arixatrade.co

arixatrade.co has been flagged by Swiss Financial Market Supervisory Authority for "Other". www.arixatrade.co steht nicht im Zusammenhang mit der ARIXA Trade AG, Unterägeri, welche im Schweizerischen Handelsregister eingetragen ist (CHE-292.514.845).

www.arixatrade.co n'a pas de lien avec ARIXA Trade AG, Unterägeri, laquelle est inscrite au registre du commerce suisse (CHE-292.514.84... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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No API for automated trading

M
Mark O.
1 months ago

KYC with arixatrade.co is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Great customer service|Portfolio tracking tools

Cons: Some tools only available on higher tiers|Limited cryptocurrency options

Lost my investment - DO NOT TRUST

S
Sarah O.
1 months ago

I was contacted by arixatrade.co through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Professional looking website

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Check regulatory status before investing

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Emma T.
1 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Leverage too high for retail

S
Seth J.
3 months ago

I found arixatrade.co after comparing multiple platforms and the initial impression was positive. But for roughly four months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Two-factor authentication|Low minimum deposit|Full transparency|Social trading features

Cons: Slow to add new assets|No integrated tax optimization

Terrible in every aspect

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Lindsey Y.
8 months ago

I have been trying to close my account with arixatrade.co for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Market news feed|Transparent fees

Cons: Search feature is basic|Website design could be more modern

Slippage always against the client

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Edward F.
9 months ago

arixatrade.co has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Easy to use platform|Dedicated account manager

Cons: Website design could be more modern|Mobile app could be improved

Proceed with extreme caution

R
Robert P.
11 months ago

Several red flags with arixatrade.co: (1) They promise unrealistically high returns, (2) They're not registered with Swiss Financial Market Supervisory Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Pros: Website looks legitimate on the surface

Cons: Not registered with regulators|Unrealistic promises

Commission higher than stated

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Laura D.
11 months ago

I requested my data from arixatrade.co under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Fast deposits|Transparent fees

Cons: Could offer more webinars

All style no substance

T
Trevor P.
11 months ago

My card was charged twice by arixatrade.co on the same day. I had to dispute it with my bank. arixatrade.co then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Clear documentation|Stable platform

Cons: Help articles are sometimes vague|Limited ETF selection