Read our Axitrade review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a axitrade.io review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Axitrade is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Axitrade in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Axitrade Review Conclusions
Making the Axitrade review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Axitrade review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Thank you, I only wish I saw this review earlier. I am one of axitrade.io victims. I’m not sure anything ca be done now,since the last scam happened on November the 10th, when they took 600 euros from my accounts.
I had not read this review. I was totally deceived by their site. Paid 450 euros and I was directly harassed by telephone by their employees. Less than 24 hours later, I tried to recover the 450 euros. They told me that was not possible. I insisted many times in the days and weeks that followed, and now they’re asking me to pay $ 4,400 to get my money back. It’s just a monstrous scam, a bunch of thieves
Subsequently, I was also contacted (on behalf of Axitrade) by another company. First harassed by TV, then by whatsapp. The phone number is 4 7378 263356, and the person is “Blockchain support agent – Andrea Lucas Bravo”
I have just been scammed by them. Initially put in just $250. They said they had traded and value was up to $1000. I said at the start I wanted a walk through of the whole system including withdrawing funds. Originally contacted by Benjamin Murphy who stated that he was from Axi Corp and gave me link to FCA to check. From this point I thought I was dealing with part of Axi Corp. He then handed me on to Lilith Cadore as my trading adviser. She took me through some stuff and then offline from me said she had traded my account up to $1000. She then paid around $200 back to my blockchain wallet. This sort of convinced me it might be genuine. Next thing was they said there was a great opportunity on Black Friday 26th November to double any amount I put in. I put in £2500 which I had just received as tax rebate. On the day they said that they had traded up to just under $10,000 which they hadn’t expected. Said that I would get my investment and profit back on 29th. On 29th Lilith said she was really busy and she would do it next day. Next day she said she would get Financial Department to call me and sort. Guy saying he was William Hoffman from Financial Department phoned and said he would take me through everything but to allow him to do the transfer I would have to have a similar amount to the transfer in my wallet to verify it as it was my first trade and withdrawal. Alarm bells started to ring at this point. He said that as it was the last day of the month the company would cover $4000 so I would just have to transfer $6000. I said I couldn’t do this. He then said what funds did I have and I said £3500. He said OK we will do that amount just to help you. He asked me to do remote desktop session which I did. I opened my blockchain account online and he then setup a wallet – imported the address by pasting – and then said I would need to transfer funds in. I am inexperienced with setting up wallets and at this point was very worried as I thought he would have access to any funds I put in the wallet as he had set it up. I finished the remote session with him and didn’t transfer any funds into the wallet. He and Lilith were harassing me the next day to transfer the funds into the wallet so they could give me my profit!! They said unless I did that I couldn’t get my profit. So they have my £2500. They were very convincing up to when they told me about having to have a similar amount in the wallet to what they were going to transfer. This made no sense and I kept asking why they hadn’t told my up front but they stuck to the story that the automatic trading had made a far bigger profit than they expected. I’m assuming that those are not the real names as they also gave me links to information about them which seemed to show those names to be genuine financial advisers.
I never knew anything about reviews. I was recruited by someone I suspect works as an agent for the company. joined the company on the 6th of December 2021, and promised to get 20% on for my investment. On the 28th of December 2021 to date the percentage changed to 5% without being notified, and was told that it will run for 30 days. That is when I started suspecting something is wrong with this company. I requested my profit from the 20%, and was told it is now an active investment up to date they are refusing with my funds. After I was done with the investment the agent forwarded me a company profile for the company. I have recently investigated the profile and discovered it does not belong to them, but belongs Opencoperates.
Axi.io is definately a scammer. In charge there a George Chanbers and Adriana Wagner.
I have given them money for a Wallet with Yuan Chain coins. Instead, they opened for me a useless webtrader which does not function correctly. I wanted my money back from them in written form by their withdrawal page, per mail and per whatsapp. With absolutely no result.
Now they do not react at all on my reminders.
Andreas
It is really appalling as some bunch of rogues and callous individuals both male and female could sleep and wake up on a daily basis only to be planning how to scam and defraud innocent individuals of their hard earn money of which God will punish all of them one by one. Sorrow, Pain and Mourning is what they will be inheriting from the stolen money from innocent people. Sadness and Bitterness shall be your inheritance Andrea Lucas Bravo, Daniel James, Nancy Williams and many more names working together to scam innocent people. You will NEVER see Joy or Prosperity from morning till evening in your lives.
Once they succeeded in getting your money as though its being invested, they start to lie and pressured you to invest more money and opened for you a fake personal account to deceive you as if your investment is growing at a faster rate, but to withdraw your money its never possible. All that happened after this is deception.
Axitrade.io is a cloned company of the Legal Company AxiCorp with FCA Registration Number 509746 with Official Address of AxiCorp at 36-38, Leadenhall Street, London EC3A 1AT. So, please don’t be fooled by any of these IDIOTS by giving fake information belonging to another legalised organisation AXICORP as theirs.
PLEASE ALL BE AWARE OF THE AXITRADE AND STAY AWAY FROM THE COMPANY. THEY ARE BUNCH OF ROGUES AND SCAMMERS.
DO NOT INVEST A PENNY OUT OF YOUR MONEY IN THIS COMPANY, ITS NEVER COMING BACK TO YOU. Please note this company and avoid them like a deadly disease.
Hallo Kenny, you are so damn right. AXI io are Criminals. They all should be in Jail. I still try to reach them and I think they have completely disappeared meanwhile. I still have their webtrader, which is probably a fake, sometimes i use it for fun.
Andreas
I concur with you my friends. Axitrade.io is led by hooligans who are fond of conning innocent people their funds through cyber skills. These idiots takes advantage of the innocence of their victims. But I know their punishment is greater severer and fierce than what they are doing. They will suffer their consequences. God’s punishment is not like that of men. For man may forget or be bribed and terminate or throw away the punishment, but God is not bribed nor forgetful. He meets the offenders from first to fourth generation. So as bitter we are, God is more bitter about them. Remember what HE did to sodom and gomorrah or Hanania and safira. To give few examples.
I am a Singaporean. In October 2021, I cannot remember exactly which day, I was contacted by an unidentified guy named himself as Daniel. He told me he was calling me from UK, an agent working under this trading company Axitrader owned by AxiCorp Financial Services Pty Ltd, a company incorporated in Australia. He then asked me to check myself from google wesite about this Axitrader. I opened out the website and found that what he said was true, there is a company named Axitrader incorporated in Australia. Next minute, Daniel told me that he can help me to make some money by trading in an automated platform but I must invest at least USD250 to do so. He said in a month or so this USD250 will become at least USD30000 to USD50000. He then sent me some photocopies of documents showing the profit made by other clients whom he traded for them. He said now there is a promotion going on if I opened an account of USD500 with him the same day, my account will immediately become USD1000, which the company will top up another USD500 for free. Without further delay, he immediately sent me an account number to deposit USD500. After this, he gave me a website Axitrade.io to open an account and he showed me that my account already have USD1000 in it. He said I have been assigned to a broker named William Hoffman,13 years of experience in the trading, giving me a link to FCA to check. After checking it was indeed stated William Hoffman with 13 years of working experience. 10 mins later, William Hoffman contact me and he said the next day he will do a remote session with me in my computer. So the next day, as I was doing a remote session with William Hoffman, he opened my bank account, asking me for password and I refused but he said I must trust him otherwise how he trade for me. He then enter my account and transfer Singapore dollar $8600, as there was only $8605 in it, to an account number which he claimed that it was my Axitrade account. After transferring, he said it was done and he wants me to wait for his phone call the next day to start trading and make profit. On that night, I felt that something was wrong, as I checked the account in my Axitrade, there was no additional fund added on. The next day, when I contacted William Hoffman, he scolded vulgarities to me for not trusting him. He said if I wanted to have my money back, I needed to top up another USD10000, then he will informed finance department to release my money and close my account. He said he is my assigned broker, only him can get the money back for me, without him there is no way I can draw out myself. This is the company’s policy. After hearing all this, I felt that I was being scammed and refused to top up anymore. William Hoffman was very angry with me and scolded me motherfucker, a poor and useless man, why he is dealing with such a big fucker like me as compared to other millionaire clients!
From that day onwards, William would called me few times a day, scolding me for not deposit the USD10000 for him to help me get back all my money. Some days, a lady named Nancy claiming as managers, will called me to follow instructions from William Hoffman otherwise he will not get his salary and I will not get back my money.
Lastly, I would like to say is that;
God is very fair, a penny for a penny, a life for a life. There is no such thing like you do evil things and get rewards by god handsomely. People do bad things, they will definitely get retribution sooner or later, it’s not that nothing will happen to them, it’s because the time is not up yet.
I hope that when people read about my happenings, they will be more alert and do not trust people that can help you make money. Nobody in this world wants you to be rich, they only just wanted to come to you for money.