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Malaysian SC Issued a Warning on 2 Cloned Entities

Axi Applied to Cancel its FCA License

WikiFX

| 2022-08-18

Abstract：The Financial Conduct Authority (FCA) in the UK has published an announcement that Axi, a forex company, applied to cancel its authorisation.

Applied to Cancel its Authorisation

According to the official press release, the FCA regulated firm Axi under license number 509746, is no longer registered and authorised in the FCA.

The cancellation of Axis license means the entity was failed to offer British clients its financial services as an FCA-supervised firm does.

Note:Axi is still authorized and regulated by the Financial Markets Authority (FMA) in New Zealand, the Australian Securities & Investments Commission(ASIC) and DuBai Financial Services Authority(DFSA).

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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