One of the key principles is not to trust certain brokers if they are not transparent. For instance, if they don’t provide addresses, contact information, founders, and legal information. If such details are hidden, nobody can trust them 100%.
That’s just one of many signs of staying far away from such companies. Luckily, this Aksel Invest review will help you recognize those signs with any broker you plan to trade with in the future.
| Regulated by: | No regulations |
| Is This Company Safe? | No |
| Known Websites: | Axselinvest.pro (inactive) |
| Have Warnings from: | BCSC, CSA, IOSCO, CNMV, FSMA, CBR, AMF, KNF, A-TVP |
| Registered in: | N/A |
| Operating since: | 2023 |
| Trading Platforms: | WebTrader |
| Maximum Leverage: | N/A |
| Minimum Deposit: | $250 |
| Deposit Bonus: | N/A |
| Trading Assets: | Cryptocurrencies, forex, indices, commodities, shares |
| Free Demo Account: | Not available |
| How do Withdraw from This Company? | After the company vanished the only option for traders was to apply for a refund. Otherwise, they won’t see any of their funds back. To get professional guidance every step of the way, feel free to contact our refund specialists. |
Legal info: Is Aksel Invest Legit or a Scam?
Even though the company doesn’t reveal any headquarters details, its T&Cs indicate there might be connections with Poland. Therefore, the key regulatory oversight they should have is coming from the KNF. But it wouldn’t hurt if the company had any top-tier regulations like FCA, BaFin, ASIC, or CNMV.
Sadly, Aksel Invest was only collecting warnings instead of licenses. After all, that’s the reason the company disappeared. All of the regulators that published warnings against them are:
Who are Aksel Invest’s Victims?
This company, which was registered in 2023, has already disappeared. Unfortunately, traders from some countries were heavily targeted by this firm and were left without their hard-earned money. Some of those are:
- Poland
- Romania
- Spain
- France
But even if the company was still operating, there’s no chance traders from these or any other countries would get any withdrawals. Same as with TMi Markets broker whose review you shouldn’t miss. If any of these companies have your money, feel free to contact us for a refund consultation.
Traders Reviews
In less than one year, the company has already destroyed its reputation. Generally, the Aksel Invest reviews contain more than 80% of complaints. Even though there are only eight comments on Trustpilot, that’s enough to realize what’s going on.
As expected from a scam broker, they were trying all possible ways to extort the last money from their victims. Luckily, many didn’t fail for it, but it was too late then. There is still time, you can talk to our refund specialists and find out how to recover your money.
Leverage, Commissions, Spreads, Fees and Taxes
One thing that would expose Aksel Invest broker would be their trading conditions. However, they were hiding that until you registered with them. But the key to safe trading is transparency.
Yet, even if the company was transparent, it would mean nothing without Aksel Invest regulation. If nobody monitors their activities, they can change all conditions whenever they want.
Bonuses
Scam brokerages often use bonuses to trick their victims. They pretend to be nice and offer genuinely high amounts.
However, accepting those bonuses will cause you more trouble during the withdrawal procedure, so be careful when accepting them. Sadly, without transparent documentation, it’s hard to check if there are such options available.
Aksel Invest Trading Features
As can be seen, all the features were designed to trick traders. Primarily the company’s trading software that was poorly equipped WebTrader. Without third-party options like cTrader or Meta Trader, you can only expect issues. Such as platform manipulation which is the most often way to scam traders.
Trading Platforms Available
The company’s web-based platform included only basic trading functions. Some of those are risk management tools, pending orders, basic customization features, etc. But if you were looking for some advanced options like social or copy trading, you would need to look elsewhere.
Anyway, keep in mind that without regulation, all those options don’t matter. To find out how big an impact software can have in trading, check our Finpro Business review.
Available Trading Assets
Without regulation, the company can offer you anything they want. But does that make a difference when choosing a broker – yes. Especially if you want to diversify your portfolio. Still, that shouldn’t be the decision-making point.
Anyway, with this scam company, you could trade:
- Forex – EUR/SEK, AUD/HKD
- Commodities – gold, silver
- Shares – GMC, Netflix
- Indices – DAX30, S&P500
- Cryptos – BTC, DOT
Account Types
Generally, none of the company’s account types are furthermore available. But in the past, traders had the option to choose between various options. Sadly, none of those included any relevant benefits for a trader. Especially if they were putting more money in.
The minimum deposit requirement started at $250, and other account deposit requirements went as high as $100.000.
Mobile Trading App
Understandably, without any third-party software, there couldn’t be mobile apps available. That’s a clear sign to choose another broker immediately. Still, scam brokers will try to persuade traders to use web traders because it doesn’t require any downloads.
Even though inexperienced traders are often worried, using trusted software can make them more comfortable. That’s why you will sometimes see scam brokers offering MT4/MT5 iOS or Android apps. As mentioned, that doesn’t make them legit.
Demo Account
If you are still unsure if this broker is the right choice for you, you won’t have a demo account option to explore their features. In fact, now you don’t have any option with them. Anyway, risk-free options are mainly available with regulated and trusted firms.
Aksel Invest Withdrawal
It’s quite obvious that the Aksel Invest withdrawal procedure doesn’t work, whatever they claimed in their withdrawal policy, if it existed at all. Anyway, the tricks scam firms often use are designed either to prolong the process or extort more money.
So, watch out for non-existent fees or taxes, as well as verification problems that the company might surprise you with.
Customer Support
Another big failure of the Aksel Invest trading platform is customer support. Whatever options they were offering, they don’t work now. Most likely there was only an e-mail contact option available. But even if there was a phone line, you never know if it’s VOIP service or not. That’s where regulation makes a whole difference.
Key Information To Consider About Aksel Invest?
Aksel Invest scam broker was not regulated in the first place. Secondly, they offered non-transparent conditions and an untrusted platform. But the cherry on top is numerous warnings against them. All in all, there are too many reasons to stay away from them.
Yet, with all the tricks brokers use, it’s not hard to fall into a trap. We experienced the same in the past. Now, with lessons learned, our team is offering advice to scammed traders. Most importantly, the first meeting is completely free. Book yours right away!
FAQ Section
What is Aksel Invest?
Aksel Invest is a scam brokerage that was operating anonymously and without regulatory oversight. Also, there are numerous warnings against them.
How to Withdraw Money From My Aksel Invest Account?
Since the company disappeared, regular withdrawals are not possible. In that case, traders should use chargeback or alternative refund options.
Is It Possible to Get Money Back From a Scam Broker?
Yes. With our professional assistance, you can start your refund process already today. Even if you were sending cryptocurrencies. For more details and CipherTrace introduction, contact us.
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