Done

Is Axitrader liable if CMG Au Axicorp goes bankrupt??

Kevin May 27, 2020 Broker: AXI 30
As stated on the CMG Au Axicorp website, in the event of bankruptcy, there will be client fund insurance up to a maximum of 1 million USD (specifically for clients with a balance of 20,000 and above). Will AxiTrader be responsible if CMG Au Axicorp goes bankrupt? Regarding the regulatory license, all of CMG Au Axicorp's operations are under the name of AxiTrader Limited.
Replies:1

Replies

Trader Discussion

1 Comment
Axitrader Kelly January 6, 2021 Neutral
Hi Kevin, Thank you for posting the question about Axi. We would like to clarify that CMG clients are treated like Axi clients and follow the same client money insurance rules for SVG clients. If you want to know more about Axi's client money insurance for SVG clients, please access the following link.

Thank you!

Add Comment

Loading editor...
Back to testimonial list

Testimonials AXI

view all

AXI

Axi is an Australian broker committed to serving clients with zero commission and one hundred percent execution. Traders can register with this broker without a minimum deposit rule.

News 3 Article 1 Testimonials 18 Forum 11 more
Read Review Visit Website

Forum AXI

view all

News AXI

view all

Article AXI

view all