Global Broker Regulation Inquiry App
WikiFX
Allan777 
1-2 years
Is Axen Broker regulated?
Broker Issues
Regulation
06-22
United States
WikiFX
Reply
Axen Broker is not regulated by any official financial authority. Despite being based in Spain, it is not licensed by the Comisión Nacional del Mercado de Valores (CNMV), Spain's financial regulatory body. This lack of regulation poses risks for traders, as there is no oversight or protection from potential fraud or misconduct.
Similar Questions
Have you encountered any drawbacks with Billionext’s customer support or issues related to the stability of their platform?
PitBull
08-08
Is Rich Gold legit?
maseko
07-20
Is CMS Financial a regulated broker?
edgeisedge
08-05
Would you consider Daman Securities to be a trustworthy and reliable broker for trading purposes?
qirhost
08-04
Does VARCHEV have any cons?
Imranali Khatri
08-02