Broker Review

Unauthorised Firm Details

Name: Axiance.com

Website: www.axiance.com

Axiance presents itself as a multi-asset CFD broker offering hundreds of instruments (forex, commodities, stocks, cryptocurrencies), using popular platforms, mobile apps, and claims of fast execution. The brand emphasizes its “regulated status,” transparency, and global reach. They promote having multiple regulatory licenses and being ethical, socially responsible, and user-friendly.

But under the surface there are many concerning issues:

• Regulatory Confusion / Inconsistencies: While Axiance advertises regulation via several authorities, there are inconsistencies in which license applies to which clients, changes in corporate structure, and confusion over its ability to legally serve clients in certain jurisdictions (for example the UK). Regulators in some places have issued warnings or prohibited its operations.

• History of Rebranding / Ownership Shifts: Axiance was previously known under other names (including EverFX), which have had regulatory problems or warnings in some countries. Such history raises concerns about continuity, oversight, and whether past issues have been fully resolved.

• User Complaints Regarding Withdrawals & Support: There are many stories from users that, while depositing is relatively smooth, withdrawals — especially profits — are delayed, made contingent on unclear or moving verification requirements, or sometimes blocked entirely. Also, customer support is said to be good until money is involved; then communication gaps emerge.

• High Risk Conditions for Some Clients: Their leverage goes up to very high levels (1:500 in some cases), which magnifies risk greatly. Bonuses/promotions often come with hidden conditions. Inactivity and “investigation” fees are present in their terms, which some users find unfair or misleading.

• Reputation & Trust Score Concerns: On review sites, there are many mixed and negative reviews. While some users report positive experiences, there is a pattern: good preach and bad practice. Also, automated trust-rating tools give them questionable or borderline trust scores, citing risk factors like domain history, inconsistent regulation, complaints, etc.

Bottom line: Axiance is not a clear scam, but neither is it one you can safely treat as fully trustworthy. The mixed regulatory claims, history of regulatory actions, user complaints, and opaque fee/promotional conditions make it a high-risk broker. If you consider using them, only risk what you can afford to lose, document everything, and verify carefully which legal entity and license apply to you given your location.