Forex Brokers

Ax-Trading (Clone of FCA recognised fund)

1.6 (8 reviews)
🇬🇧 United Kingdom
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About Ax-Trading (Clone of FCA recognised fund)

Ax-Trading (Clone of FCA recognised fund) has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". 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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Death of account holder process unknown

P
Paul Z.
4 months ago

I lost a significant amount because Ax-Trading (Clone of FCA recognised fund) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Dedicated account manager|Clear documentation|Full transparency|Smooth onboarding

Cons: Minor UI glitches occasionally|Spreads widen during volatile periods

Social trading is fake

S
Sarah Z.
5 months ago

Ax-Trading (Clone of FCA recognised fund) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: API access|Two-factor authentication|Tax reports included|Comprehensive tools

Cons: Withdrawal takes 1-2 business days|Email notifications too frequent

Listed in warning databases - be aware

M
Mark W.
6 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: Appears in regulatory warnings database|Uncertain regulatory status

Billing department is a black hole

R
Rebecca Y.
9 months ago

I found Ax-Trading (Clone of FCA recognised fund) from a blog post comparing services and the initial impression was positive. But since early this year 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: Full transparency|Great customer service|Responsive team

Cons: No crypto staking|Slow to add new assets

Proceed with extreme caution

D
Diana L.
9 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Ax-Trading (Clone of FCA recognised fund) has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Flagged by Financial Conduct Authority|Cannot verify credentials

Money trap disguised as a service

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Ian T.
11 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Ax-Trading (Clone of FCA recognised fund) said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Fast support response|Clear documentation

Cons: No dark mode on mobile|Cannot customize dashboard fully

Currency margin requirements unclear

E
Elizabeth Y.
11 months ago

I had high hopes for Ax-Trading (Clone of FCA recognised fund) from a review site like this one, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.

Pros: Demo account available|Professional team|Risk management tools|Customizable dashboard

Cons: Cannot customize dashboard fully|No dark mode on mobile

Stay far away from this company

K
Kevin N.
1 years ago

I want to warn everyone about Ax-Trading (Clone of FCA recognised fund). They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics