Axel (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I have been trying to close my account with Axel (Imposter) 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: Fast support response|Risk management tools|Automated trading options
Cons: Nothing significant
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Axel (Imposter) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Wide product range|Multi-device support|Detailed reporting|Competitive fees
Cons: No phone support on weekends
I invested $15,000 with Axel (Imposter) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.
Cons: Lost entire investment|Reported to authorities|Unresponsive