RaxoFX is a Forex and CFDs broker, owned and operated by Raxo Limited. It offers to trade on the good old MetaTrader 4 trading platform.
Is RaxoFX A Regulated Broker?
There is no information about the registered address on the official website of RaxoFX. It has provided only a contact phone number with Cambodia country code. Also, the website supports the Indonesian language. Probably, the broker has been targeting the residents of those countries. It is obvious that RaxoFX is not regulated by any of the authorities and simply could be a fraud.
Is It Safe To Invest With RaxoFX?
RaxoFX has been alleged as a scam by its previous employees. The broker has been rated negatively by many of its associates. Moreover, in reality, the prime focus of the company of commission magnification. Hence, it is not a good idea to associate with it in any form.
How To Recover Your Scammed Amount From RaxoFX?
In case you have lost your money to the schemes run by RaxoFX, you are suggested to connect with us. We can easily help you to get your scammed money back.