Axi24

Axi24 is a broker registered in the United Kingdom under the name Axi24, with an official website at axi24-cfd.com. The company was founded on 28 March 2023, making it a relatively new entrant in the online trading space. Its registered address is listed as Stanhope Gardens NSW 2768, London, UK, which appears to combine an Australian suburb (Stanhope Gardens, NSW) with London — raising questions about the physical location of operations.

According to publicly available records, Axi24 does not hold any regulatory licences from recognised financial authorities. This means the broker is not supervised by a major regulator such as the UK's Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC). For traders, the absence of oversight is a significant factor to consider, as it implies limited recourse in the event of disputes or financial loss.

Based solely on the information available from registry records, Axi24 appears to operate as a retail forex and CFD broker. The domain name 'axi24-cfd.com' suggests a focus on contracts for difference (CFDs), which are leveraged financial products. However, specific details about account types, trading platforms, instruments, spreads, or deposit methods are not available from the known facts.

Without access to the broker's official website or marketing materials, we cannot confirm the exact range of services or features Axi24 claims to offer. This lack of transparency is common among newly established or unregulated brokers, and traders should exercise caution when considering such entities.

Axi24 is registered in the United Kingdom, with a corporate address given as 'Stanhope Gardens NSW 2768, London, UK'. This address is unusual because 'Stanhope Gardens NSW 2768' is a locality in New South Wales, Australia, while 'London, UK' points to the British capital. It is not clear whether the broker has a physical presence in the UK or operates primarily from Australia, or if the address is merely a virtual office or mail-forwarding service.

The mixed address details, combined with the lack of regulatory licences, make it difficult for traders to verify the broker's true jurisdiction or physical location. This is an important consideration when evaluating the safety of funds and legal protections.

According to our records, Axi24 is not regulated by any financial authority. The broker does not appear on the register of the UK's Financial Conduct Authority (FCA), nor does it hold a licence from the Australian Securities and Investments Commission (ASIC) or any other major regulatory body. This means that traders who open accounts with Axi24 do not benefit from protections such as negative balance protection, compensation schemes, or independent dispute resolution.

For many traders, regulation is a crucial factor in choosing a broker. An unregulated broker carries higher risks, including potential issues with fund security, trade manipulation, or outright fraud. The absence of oversight is reflected in FXCanary's Scam Risk Score of 49/100, which we classify as 'Guarded'.

Given its unregulated status and limited track record (founded only in 2023), Axi24 is likely to appeal primarily to traders who are willing to accept higher risk in exchange for potentially flexible trading conditions. However, without verified information about spreads, leverage, or platform quality, it is difficult to recommend this broker to any specific type of trader.

Conservative traders and beginners are strongly advised to avoid unregulated brokers altogether. Experienced traders who consider using Axi24 should conduct thorough due diligence, including verifying the broker's claims directly and testing the platform with minimal deposits. In FXCanary's assessment, the lack of regulatory oversight is a significant red flag that outweighs any potential benefits.

Axi24 is a newly established, unregulated broker with a confusing address and no public user reviews. The absence of regulatory licences and transparent operational history makes it a high-risk choice for forex and CFD trading. While the broker may offer competitive conditions, we cannot verify any of its claims due to limited publicly available information.

Traders considering Axi24 should proceed with extreme caution. We recommend prioritising regulated brokers with a proven track record and clear regulatory oversight. In the absence of such protections, the risk of losing funds is substantially elevated. FXCanary's Guarded risk score reflects this cautious stance.