Global Broker Regulation Inquiry App

About WikiFX

Broker Search

English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

اردو

Download

WikiFX Express

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.

Malaysian SC Issued a Warning on 2 Cloned Entities

FCA Warns reclaim-experts.com: 7 Checks Before You Pay

The UK regulator classified the website as a clone of an authorised firm on 28 August 2026. The FCA says the genuine Reclaim Experts Ltd has no connection with the clone.

Original 2h

GODO Regulation for India: RBI Alert, Licence, Login, and Withdrawal Risk

People searching GODO regulation or regulation GODO should separate overseas licensing from permission in India. The Reserve Bank of India Alert List, updated 19 November 2025, names “GoDo FX” and godofx.com. RBI says listed entities are neither authorised to deal in forex under FEMA nor authorised to operate an approved forex electronic trading platform. GODO's legal documents name GODO LTD and a Mauritius FSC licence, but that overseas status does not create RBI authorisation. No cited court ruling proves fraud. The main checks are jurisdiction, domains, leverage, and withdrawals.

Original 3h

Succedo Markets Review 2026: The First Withdrawal Worked—What Happened Next?

Most traders who have opened accounts with Succedo Markets, a Saint Lucia-based brokerage entity, have reported withdrawal request denials after a pleasant first experience. Traders globally, including those from India, have made these complaints. Meanwhile, some traders have reportedly taken legal recourse to recover their stuck funds. The critical nature of these complaints made us share this in-depth Succedo Markets review. This review does not only examine user allegations but also shed light on its regulatory framework.

Original Two days ago

Tattvam Review 2026: Investigating Complaints Concerning Trade Executions

Did you encounter trade-related concerns with Tattvam, a Mauritius-based brokerage entity? Several users have reportedly accused the broker of cancelling profitable trades, allegedly citing scalping as the reason. At the same time, traders have reportedly expressed concerns over the lack of understanding among the broker officials about critical trading aspects such as copy trading. In this Tattvam review, we have carefully examined user-reported allegations. Additionally, we have given a regulatory overview of the broker.

Original In a week