Forex brokers often register in offshore jurisdictions because it’s easier and more beneficial for running a business. However, such companies rarely turn out to be reliable, and in most cases, this ends in a scam. In this Axia Investments review, we’ll talk about the offshore company Smarttool Trading SC Limited, registered in the Seychelles. We’ll try to answer the key question: can you trust this broker with your money?
Brief Overview
- 🖥Official Website: https://axiainvestments.com/
- ✈️Contact Address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.
- 📞Customer Support: [email protected], [email protected], +44 7441 927467
- 🔐Licensing and Accreditation: FSA
- ⏳Track Record: 2020
- 🧰Specialization: Brokerage Service
- 🤝Terms of Cooperation: $500, 1:400
- 💰Additional Services: Signals, analysis, academy, and other
Axiainvestments.com Examination
Let’s start our Axia Investments review by analyzing the official website. The design is based on a unique template, which gives the impression of a solid company, but it’s too early to draw conclusions. The broker provides basic information: account plans, legal details, contacts, documents, awards, information about FSA regulations, educational materials, and a list of available assets. However, there are mistakes and shortcomings — for instance, the “FAQ” section lacks the license number and registration details.
The website looks attractive and stands out from typical template solutions, but there are still problems. You can’t even register on the platform: after entering your details, the system doesn’t allow you to create an account. This is a serious flaw that undermines trust and prevents the company from being considered professional and reliable. In addition to English, there are three other languages: Spanish, Arabic, and Portuguese. Interestingly, the Spanish language is represented by an Italian flag for some reason.
Company Contacts
The contact information isn’t found in the usual section but instead on the side of the website page. Among the available contact methods are: email, a phone number (but only for communication via WhatsApp), a Telegram bot, and the option to make an online call using a computer microphone. Axia Investments also provides links to their pages on Facebook, Instagram, and X. However, for some reason, the Instagram account is unavailable.
Our check showed that the contact details are generally fine, and there’s not much to criticize here. The only thing worth noting is the lack of multiple email addresses and phone numbers for different purposes. Serious companies typically have separate contacts for questions related to trading, finances, technical support, and other aspects.
Key Conditions
The trading conditions at Axia Investments are no different from those of typical fraudulent brokers. The company offers five types of accounts, which differ based on the minimum deposit and conditions. This is a common trick: the more you invest, the “better” the conditions and the wider the range of services. However, reliable brokers usually differentiate account types based on the execution model of orders, but here it’s absent because Axia Investments uses a 100% B-Book model.
The fact that this is a dealing desk setup means there is a conflict of interest. The company’s business is only profitable if traders, in total, lose their money. So, there’s little point in trading here.
Among the main drawbacks are a high minimum deposit starting at $500; spreads from 1.8 pips; leverage of 1:100 to 1:400, and hidden fees. These are clear signs of a dishonest broker, which we uncovered when reviewing the conditions.
Additional services in Axia Investments include trading signals, market reviews, analytics, financial planning, access to a trading room, educational programs, and bonuses. This is the classic package of a pseudo-broker trying to create the illusion of value.
An interesting point: the website claims that clients can trade through the MetaTrader 5 platform, as well as use the company’s proprietary software. However, upon checking, we didn’t find Axia Investments in the list of companies connected to MT5. Most likely, this is another lie, and the broker does not provide access to this software.
Exposing Axia Investments
The broker raises serious concerns, so it’s time to verify its legitimacy. It is officially stated that the website axiainvestments.com is operated by Smarttool Trading SC Limited, registered in the Seychelles. They also mention having a license from the SFSA under number SD034. However, you shouldn’t blindly trust this information — it’s always better to verify it from official sources.
Smarttool Trading SC Limited is registered with the SFSA, and its entry appeared in the registry in 2020. Additionally, the website’s footer mentions that the broker is connected to Redpine Capital Limited, a company licensed by the CySEC. It’s important to understand that the CySEC does not regulate Axia Investments. What benefit do traders get from Redpine Capital Limited’s license if they are trading through axiainvestments.com? In reality, this platform only holds an SFSA license.
An SFSA license doesn’t provide real guarantees. If you are a resident of the Seychelles, you might be able to rely on the SFSA for assistance in case of fraud. However, if you live in another country, you can’t count on protection from this financial commission. So, what’s the point of such regulation?
In conclusion, Axia Investments does not offer reliable guarantees. The only positive aspect is its four-year track record, which is confirmed both by the company’s registration date and the domain’s creation date. Unfortunately, this fact pales in comparison to the serious negative factors: the lack of reliable regulation, the conflict of interest, and unfavorable conditions for traders.
What Reviews Do Users Leave?
The company has been in the market for quite some time, but there are few Axia Investments reviews. The average rating is 3 stars, indicating a mix of both positive and negative comments. Interestingly, the negative reviews are written in English, while the positive ones are mostly in Arabic. Additionally, their X (formerly Twitter) account is conducted in Arabic, suggesting that the platform is primarily targeted at this region.
Fortunately, we live in the age of technology, and automatic translators make it easy to read reviews in Arabic. However, upon translation, it becomes clear that these comments lack any real evidence of successful trading or withdrawals. They are simply texts listing the broker’s advantages — in other words, typical fake reviews. Therefore, we recommend paying attention to negative comments, as they are more likely to reveal the truth about Axia Investments.
Conclusions
Despite being in the brokerage services market for 4 years, the firm has failed to build a positive reputation or earn the trust of traders. In reality, the broker is not regulated, although it boasts an FSA license, which offers no real protection. It’s important to remember that this is a dealing desk broker, which profits from its clients’ losses. For this reason, we cannot recommend opening a brokerage account with this company.
Pros/Cons
- The firm is registered with the SFSA.
- It has been operating for 4 years.
- No license from serious and reputable regulators.
- The firm has been caught posting fake reviews.
- The order execution model is 100% B-Book.
- Offshore registration.
Brazen scammers. I hope karma catches up with you, and you end up behind bars for stealing people’s money. Axia Investments is an illegal broker with fake quotes and fake liquidity. I know several traders who lost money here. The scammers rip off everyone they can. They have no shame or conscience. They don’t care who they take money from — whether it’s a pregnant mom or an elderly person. They’re greedy. Don’t trust them!
This company is probably not for you. The spreads are large, and the commissions are just as big. It’s practically impossible to trade profitably with Axia Investments. They do everything they can to stop you from making money. Be prepared for platform lags and delays, and for constant calls. They called me every day, messaged me on WhatsApp, trying to squeeze more money out of me. They promised better analytics, guaranteed profitable signals, technical analysis, and more. But trading here is impossible. Their goal is for you to lose your deposit. Some people might enjoy this, but I didn’t. So I don’t recommend it.