Global Broker Regulation Inquiry App
WikiFX
Allan777 
1-2 years
Is Axen Broker regulated?
Broker Issues
Regulation
06-22
United States
WikiFX
Reply
Axen Broker is not regulated by any official financial authority. Despite being based in Spain, it is not licensed by the Comisión Nacional del Mercado de Valores (CNMV), Spain's financial regulatory body. This lack of regulation poses risks for traders, as there is no oversight or protection from potential fraud or misconduct.
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