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SilverAxis FXSuspected of fraud

SilverAxis FX

1.65
Suspected of fraudAmerica
Time

1Year

Contact Information
Website
Industry Echelon

Basic Information

Company
Regulatory
Risk Monitor
Download
Documents
Country
America
Market Type
foreign exchange
Enterprise Type
Brokerage
Service
We offer trading services for a variety of financial products, including Forex, CFDs, stocks, commodities, and indices.
Support Languages
Chinese and English
Domain Registration Date
2024-09-18
Business Status
Suspected of fraud

Company IntroductionWeb Analytics

Company Introduction

SilverAxis FX is an online brokerage that claims to offer trading services for forex, precious metals, indices, and cryptocurrency CFDs. Its website proclaims to provide "a safe and transparent trading environment and advanced technological support for global investors," but investigations have revealed that the platform lacks genuine company registration information and regulatory qualifications, and no corresponding records can be found in the databases of any authoritative financial regulatory bodies.

Based on its overall website content, SilverAxis FX attracts retail investors by highlighting "low spreads, high leverage, and a professional platform," but it fails to disclose the company's physical address, regulatory number, or custodian bank information. This lack of information is generally considered a high-risk signal in the forex industry, suggesting it may be an unregulated offshore platform. Its so-called "safe and stable global trading network" lacks third-party verification and fails to explain fund segregation or risk protection mechanisms.

🌐Global footprint and brand background

SilverAxis FX's official website claims that it is headquartered in London, UK, and has "operating offices in several major financial centers around the world," but this information is not recorded in the UK Companies House. Furthermore, its domain registration information (silveraxisfx.com) uses anonymity and privacy protection, making it impossible to trace the actual registrant, a stark contrast to the transparent registration structure of legitimate licensed brokers.

From a branding perspective, SilverAxis FX uses a sophisticated website design and a "professional financial brand" image to build trust, but it lacks any parent company background or partner financial group support. The absence of brand history, public audit reports, and regulatory verification makes its "international brand positioning" more of a marketing ploy than a genuine demonstration of corporate strength. For investors, this opaque brand background implies extremely high uncertainty and potential fraud risks.



💹Trading Products and Services

The platform claims to support CFD trading in forex currency pairs, indices, precious metals, energy, and cryptocurrencies, offering leverage up to 1:500 and "ultra-low spreads." However, such claims often appear on unregulated platforms, attracting retail investors by exaggerating trading conditions. Without third-party audits and verification from liquidity providers, the so-called "transparent spreads" and "institutional-grade execution" remain merely promotional claims.

The platform offers multiple account types (Standard, Pro, ECN, etc.), but the account opening process does not require KYC (Know Your Customer) verification or provide any legal agreement details, further reflecting its compliance risks. Most legitimate platforms, when subject to regulation, must comply with anti-money laundering and customer due diligence policies. SilverAxis FX's disregard for this process may mean that its fund flows are completely uncontrolled, posing serious legal and security risks.



💻Trading technology and platform experience

The SilverAxis FX website claims compatibility with MetaTrader 5 (MT5) and its self-developed web terminal, but most download links are third-party hosted files, making their authenticity and security unverifiable. Some users have reported issues with the platform's trading terminal, including latency, severe slippage, and distorted charts, suggesting that the backend quotes may be fabricated rather than reflecting genuine market liquidity.

Furthermore, the demo account provided by the platform does not match the data of the real account, which is extremely common in fraudulent forex platforms to create a false impression of profitability and attract investors to deposit more funds. Its transaction execution speed and server stability lack verification, and the official website does not disclose its trading data sources or partner liquidity providers. The overall experience presents significant risks of fraud and manipulation.



🛡️Regulatory compliance and fund security

Regarding compliance, SilverAxis FX failed to provide any valid regulatory number or institutional authorization information. While its website footer contains the vague phrase "supported by international financial regulators," it does not list the specific names or links of the regulators. Upon verification, the company is not found in the regulatory databases of the UK FCA, Australia ASIC, Cyprus CySEC, and New Zealand FMA.

Furthermore, the platform did not employ a segregated custody system for customer funds, nor did it specify the custodian bank account. This means that after investors deposit funds, the money goes directly into an account controlled by the platform. Once the platform ceases operations or refuses withdrawals, investors will have no way to recover their funds through any legal or regulatory channels. This lack of transparency is usually one of the most significant warning signs of offshore fraud platforms.



⚡Transaction Terms and Experience

SilverAxis FX advertises "leverage up to 1:500," "zero spreads," and "instant execution," but such extreme claims often violate compliance restrictions imposed by financial regulators. In reality, high leverage mechanisms can easily lead to investors being liquidated quickly during market volatility, and the platform's internal matching mechanisms may further amplify the risks.

Multiple external user reviews indicate that the platform suffers from issues such as abnormal account freezes, forced liquidations, and prolonged withdrawal delays. Some complaints point out that the platform's customer service delays or refuses to pay investors after they request withdrawals, citing reasons such as "technical review in progress" or "risk control verification failed." This pattern of behavior is highly similar to confirmed cases of fraudulent brokers.



🎓Customer Support and Value-Added Services

SilverAxis FX claims to offer "24/7 multilingual online customer service and educational resources," but in reality, customer service response is extremely slow, and in most cases, only automated email replies or templated messages are received. Phone and instant messaging services frequently go offline, and email inquiries go unanswered for extended periods.

The educational resources section is largely copied and pasted from other legitimate platforms, lacking originality and professionalism. Market analysis articles are updated irregularly, and some even contain the names of other platforms, suggesting the website may be a hastily assembled template system. Overall customer support is of poor quality, falling far short of the standards of legitimate financial services.



⚠️Risk Warning and Platform Positioning

SilverAxis FX's overall operating model is highly consistent with typical high-risk offshore fraud platforms: first attracting registration with "high returns and low thresholds," then inducing additional investment with fake profit screenshots, and finally setting obstacles, blocking accounts, or refusing withdrawals during the withdrawal process.

Because it is not regulated by any financial regulatory body, investors' funds are completely exposed to an unsecured environment. In the event of a dispute, investors have no recourse to regulatory arbitration or compensation. In summary, SilverAxis FX is not a safe and compliant broker, but a high-risk, opaque trading platform suspected of financial fraud.



🔍Comprehensive Analysis and Evaluation

Based on an overall evaluation of SilverAxis FX, the following conclusions can be drawn:

  • The company's information is vague, supervision is lacking, and the safety of funds cannot be guaranteed.

  • The claims of "high leverage and low spreads" lack authenticity and are highly likely to mislead investors.

  • The platform suffers from serious delays, fraudulent pricing, and withdrawal issues.

  • Customer support and educational services are poor, and the website content is mostly plagiarized and pieced together.

In summary, SilverAxis FX is a typical unregulated, high-risk offshore broker . Investors should avoid registering or depositing funds to prevent being scammed or unable to recover their money. If you experience withdrawal difficulties or suspect fraud, you should immediately stop trading and report the incident to a financial regulatory agency or anti-fraud center.

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Selected Enterprise Evaluation

2.20

Total 5 comments
****
1.00
SilverAxis FX operates without regulation or transparency — a clear red flag for investors. Withdrawals are risky and trust is questionable.

Reply

wi***56
@****

When the platform froze my withdrawals, I hoped it was a temporary glitch — but deep down, I knew I’d been scammed. MRS SELETINA DE-ALAGRENS came highly recommended, and from the very first message, they were professional and straightforward. Within 72 hours, my funds were recovered — no empty promises, just results.Get in contact with her if scammed 📧 ([email protected])

Reply

****
1.00
Behind its polished website, SilverAxis FX shows classic signs of an offshore scam broker. Avoid depositing any funds.

Reply

ha***90
2.00
After years of unsuccessful attempts to recover my missing funds and falling victim to several fraudulent agents, I was beginning to lose hope. Fortunately, I came across Laura Cooper Terms, and although I was initially skeptical due to my past experiences, I decided to give them a chance. That decision changed everything they provided exceptional service and successfully helped me recover my lost funds, even offering valuable additional support. I highly recommend Laura Cooper Terms as a fast, reliable, and trustworthy recovery company. Resoxit 40 at gmail . c o m WhatsApp: +1 (309) 208-5151

Reply

wi***56
@ha***90

When the platform froze my withdrawals, I hoped it was a temporary glitch — but deep down, I knew I’d been scammed. MRS SELETINA DE-ALAGRENS came highly recommended, and from the very first message, they were professional and straightforward. Within 72 hours, my funds were recovered — no empty promises, just results.Get in contact with her if scammed 📧 ([email protected])

Reply

****
4.00
I was unfortunately targeted by an online investment scam after investing more than $2M based on promised high returns. When I attempted to withdraw funds, my account was frozen, and the platform demanded additional “verification” payments—an immediate red flag I later worked with an asset-recovery professional who helped me recover a portion of the lost funds (about $450,000). While experiences and outcomes differ, I appreciated the support throughout the process. This incident highlights the importance of strong cybersecurity awareness: Email: (dorisashley71 (@) gmail. com ) or via WhatsApp at +1 .- (404) 721 56 08.) always verify platform legitimacy, conduct independent research before investing, and be cautious of platforms requiring unexpected payments for withdrawals. Staying informed is crucial to protecting your financial assets in the digital space.

Reply

****
3.00
Hello everyone, I want to share my experience." I was scammed by an online platform that promised quick profits. Unfortunately, I couldn’t withdraw a single cent, and customer support went silent. After nearly giving up, I came across MRS SELETINA DE-ALAGRENS through some online forums. She guided me step by step, and to my surprise, I had my money back in just a few days. I'm beyond grateful. If you're in a similar situation, don’t hesitate to reach out to her. Contact: [email protected])

Reply

~ There's nothing more ~

About SilverAxis FX's questions

01

Ask:Is SilverAxis FX regulated by any official financial regulatory body?

Answer:No. Upon investigation, SilverAxis FX has not obtained authorization or licenses from any mainstream financial regulatory body, such as the UK's FCA, Australia's ASIC, or Cyprus's CySEC. Its official website does not provide verifiable regulatory numbers or company registration information. This platform is essentially an unregulated offshore brokerage, not subject to legal oversight or fund protection mechanisms. Once investors deposit funds, they will have no legal protection whatsoever.

02

Ask:Why are many people experiencing problems withdrawing funds or having their accounts frozen on SilverAxis FX?

Answer:This is one of the common characteristics of scams on unregulated platforms. SilverAxis FX has been reported by multiple users for practices such as "delayed withdrawal processing," "frozen accounts under the guise of risk control," and "customer service refusing to respond." Because funds are not segregated and held in escrow but instead go directly into accounts controlled by the platform, investors' withdrawal requests can be arbitrarily rejected or delayed. Once problems arise, it is extremely difficult for investors to recover their funds.

03

Ask:Is the 1:500 high leverage and "zero spread trading" advertised by the platform true?

Answer:In reality, these conditions are mostly false advertising. Legitimate licensed brokers are subject to regulatory restrictions and are generally not allowed to offer leverage ratios exceeding 1:30 or 1:50. SilverAxis FX's extreme leverage settings lack any regulatory constraints and are extremely risky. The so-called "zero spread" and "instant execution" cannot be verified by third parties; investors may be trading within a fictitious price environment on the platform, not connected to real market liquidity.