Axera pretends to be an investment platform run by people with a decent amount of experience in the markets. They claim that the portal is an automated one wherein investors need not do anything apart from depositing the funds.
Returns advertised range from !5% to 60% in less than 24 hours. Anyone that has seen markets for a reasonable amount of time can comprehend the fact that this platform is nothing more than a scam. Continue reading to know how this hustle operates and why you need to stay away from them?
Axera Regulation and Firm
This firm claims to be incorporated in Australia and even showcases a certificate. We did a thorough check and couldn’t find this firm listed in the database of the ASIC. So, it is clear that they are bluffing about their legal status and are operating illegally.
Information about their so-called “staff” are also made-up and that kind of manipulative approach should tell you everything you need to know about them. Lastly, keep in mind that Australian authorities have already issued warnings against this platform.
Support
One of the easiest ways of identifying sketchy firms is to take a look at the customer support team of a firm. Shady firms never care about catering to the needs of the clients and they do their best to maintain a low profile.
This platform’s effort is evident when it comes to misleading people with stock photos and giving out limited information about the company. If they had nothing to hide, why are they showcasing so much facade?
Is Axera a Scam?
Yes, there are no second thoughts about it. Axera is a plain scam that is bound to bite the dust within the next few weeks. Returns they promise are unrealistic and it is there just to bait people to deposit with them.
Once they have control of the funds, chances of getting money back will be close to zero. As the scammers have the unfair advantage from the start and their intentions are sinister, stay away to safeguard your own interests.
Bottom Line
Do complete research before considering any investment platform. As a precautionary measure, hire a licensed financial adviser to understand the risks involved. Education is the only tool that can put an end to scams like this one on the internet.
