After careful Axelery Group review, we can tell that we still do not understand the broker completely. It looks like the idea of the axelerygroup.com website was simply to collect as much money as possible by scamming the investors and then disappear. Let’s see what we were able to find out.
| Broker status: | Offshore Broker |
| Regulated by: | No regulation |
| Scammers Websites: | www.axelerygroup.com |
| Owner by: | N/A |
| Headquarters Country: | Seychelles |
| Foundation year: | 2019 |
| Supported Platforms: | N/A |
| Minimum Deposit: | $10 |
| Cryptocurrencies: | Yes |
| Types of Assets: | Cryptocurrencies, binary options |
| Maximum Leverage: | N/A |
| Free Demo Account: | No |
| Accepts US clients: | No |
Axelery Group Regulation and Security
The broker is entirely anonymous and hard to catch. According to the website, it was based in Seychelles and established by two guys with over a decade of experience in share trading. These guys decided to open a company that is offering crypto trading. However, the company irresistibly looked like a binary options brokerage with a cryptocurrency offering.
There is no company owner listed, nor these two alleged founders can be tracked down anywhere. Sounds like a pretty lovely packed story with a bad ending.
Be aware of the Axelery Group scam, such as Equiti, AlphaFXC and Trustpac brokers.
Axelery Group – Issues With Funds Withdrawal
What else could we expect from a completely anonymous broker? There are many complaints and many accusations that it’s impossible to withdraw your funds from Axelery Group. According to reviews made by users, this broker was targeting countries in development, such as the Philippines, and taking all the money from their citizens.
Since the website is entirely inactive, it’s impossible to access the funds at all. Therefore, we had to collect information from clients for our review and take their experiences as an example.
According to them, there were several account types, the smallest starting from $10 only. However, the story doesn’t stop there. The moment you deposit this $10, you get a call from an aggressive salesperson on the other side, explaining to you why you should deposit more. Why you need to add more money and why you will never succeed with as low as $10. Those who did add more funds never heard of the alleged account manager again.
The broker promises a return of investment of 45% to 90% in one day. Allegedly, all the trades are AI-based, and they discovered a way to exploit the market in their favor. However, there is no software and no returns. Only desperate clients that have no idea what to do next.
Scammed by Axelery Group Investment?
If you are one of the Axelery Group victims, there is a possibility of getting your money back. Do not blame yourself. There are many people scammed by Axelery Group brokerage. Unfortunately, it happens. It’s essential to react in time and request a chargeback.
But what is a chargeback? A chargeback is a way of refunding your card in case you were scammed online. You need to file a dispute and request your money back.
Contact our support team for assistance with the chargeback procedure!
What is Axelery Group?
Axelery Group is an online trading brokerage without regulations.
Is Axelery Group a scam?
The broker is unregulated, has many complaints, and the website was shut down due to too many scam allegations.
Is Axelery Group regulated?
No, Axelery Group does not have any regulations for providing financial services.
