Below is a comprehensive analysis of Axiance, the trading name of Aerarium Limited, based on the requested criteria. The analysis draws on available information, critically evaluates potential risks, and provides a balanced perspective for users considering this broker.

1. Overview of Axiance (Aerarium Limited) ¶

• Official Website: https://www.axiance.com/
• Operator: Aerarium Limited, part of the Axiance Group of companies.
• Headquarters: Seychelles (Mahé, Beau Vallon).
• Services: Offers Contracts for Difference (CFDs) on forex, commodities, stocks, indices, cryptocurrencies, and metals. Provides trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
• Establishment: Aerarium Limited was established in 2019, with the Axiance brand operating since August 2021.

2. Online Complaint Information ¶

• Sources Reviewed: Forex Peace Army, WikiFX, BrokersView, and BrokerChooser.
• Findings:
• Forex Peace Army (2024): User reviews are generally positive, with traders praising order execution, minimal slippage, and a variety of trading instruments (over 200). Users report reliable withdrawals and no restrictions on trading strategies. However, one user noted that the website lacks sufficient informational content.
• WikiFX: Mixed feedback. Some users highlight concerns about Axiance’s offshore regulation and a suspicious Cyprus Securities and Exchange Commission (CySEC) clone license (301/16), raising questions about legitimacy. Others note that Axiance provides necessary trading tools and has a physical office in Seychelles, confirmed by a WikiFX field survey.
• BrokersView: Positive user experiences include responsive customer support and ease of executing trades. However, the platform advises caution due to offshore regulation.
• BrokerChooser (November 2024): Explicitly warns that Axiance is not a safe or trusted choice due to its lack of regulation by a top-tier authority.
• Summary: While some users report positive trading experiences, complaints and concerns center on regulatory legitimacy and offshore status, which may limit accountability.

3. Risk Level Assessment ¶

• Regulatory Concerns:
• Primary Regulation: Aerarium Limited is regulated by the Seychelles Financial Services Authority (FSA) under license number SD036. Seychelles is considered an offshore jurisdiction with less stringent oversight compared to top-tier regulators like the FCA (UK), ASIC (Australia), or FINRA (USA).
• Suspicious CySEC License: Axiance is associated with a suspicious CySEC clone license (301/16). A clone license suggests the broker may be misrepresenting its regulatory status, a significant red flag.
• Other Entities:
• ICC Intercertus Capital Ltd (CySEC-regulated, license 301/16) previously operated the Axiance brand but was acquired by M4Markets in 2022, and the Axiance brand shifted to Aerarium Limited (offshore).
• Aurum Capital Ltd is regulated by the Mauritius Financial Services Commission (FSC, license GB20025770), another jurisdiction with relatively lax oversight.
• UK Restrictions: Since May 17, 2021, Aerarium Limited is not permitted to provide regulated financial services to UK residents, limiting its operational scope.
• BrokerChooser Risk Rating: BrokerChooser advises avoiding Axiance due to its lack of top-tier regulation, classifying it as high-risk.
• WikiFX Risk Rating: Labels Axiance as having a “high potential risk” due to its suspicious regulatory status and offshore license.
• Conclusion: The reliance on offshore regulation, combined with a suspicious CySEC clone license, elevates the risk level. Traders may face challenges with fund security or dispute resolution.

4. Website Security Tools ¶

• SSL/TLS Encryption: The Axiance website (https://www.axiance.com/) uses HTTPS, indicating SSL/TLS encryption to secure data transmission. This is a standard security measure for financial websites.
• Cookies Policy: The website employs cookies for personalization and analytics, with a consent pop-up for users to manage preferences. This aligns with privacy regulations like GDPR.
• Fund Security: Axiance claims to segregate client funds through top-tier bank partnerships and adheres to strict privacy standards. However, these claims are not independently verified in the provided sources.
• Potential Weaknesses: No specific information is available on advanced security measures like two-factor authentication (2FA) for trading accounts or regular security audits. The lack of transparency about cybersecurity practices is a minor concern.

5. WHOIS Lookup ¶

• Domain: axiance.com
• Registrar: Typically, WHOIS data for financial websites includes registration details, but specific WHOIS information for axiance.com is not provided in the sources. However, related domain analysis for axiance.ca (a potentially related or expired domain) indicates it was dropped in March 2015, suggesting no active connection to the current Axiance brand.
• Domain Age: The Axiance brand has been active since August 2021, implying the domain is relatively new, which can be a risk indicator for financial services.
• Red Flags: The absence of detailed WHOIS data limits transparency. Legitimate brokers often provide clear domain registration information to build trust.

6. IP and Hosting Analysis ¶

• Hosting Information: No specific IP or hosting details for axiance.com are provided in the sources. For axiance.ca (an unrelated or expired domain), no hosting data was available, and it was not optimized for mobile devices.
• Expected Standards: Reputable brokers typically use secure, high-performance hosting providers (e.g., AWS, Cloudflare) with DDoS protection and global Content Delivery Networks (CDNs). Without data, it’s unclear if Axiance meets these standards.
• Risk Indicators: Lack of hosting transparency could indicate cost-cutting or inadequate infrastructure, though this cannot be confirmed without further analysis.

7. Social Media Presence ¶

• Platforms: Axiance is active on Facebook, Twitter, Instagram, LinkedIn, YouTube, Google+, and TikTok, as noted by BrokersView.
• Engagement: The presence across multiple platforms suggests an effort to build brand visibility. However, no specific data on follower count, engagement rates, or content quality is available.
• Red Flags:
• Offshore brokers often use social media to attract inexperienced traders with promotional offers or unrealistic promises. Axiance offers bonuses (e.g., 5% interest on deposits, 100% rebate bonuses) only for clients under Aerarium Limited, which could be a marketing tactic to lure clients.
• No reports of fraudulent social media activity, but traders should verify the authenticity of accounts to avoid phishing or scam pages mimicking Axiance.

8. Red Flags and Potential Risk Indicators ¶

• Regulatory Red Flags:
• Suspicious CySEC clone license (301/16) raises concerns about misrepresentation.
• Offshore regulation (Seychelles FSA, Mauritius FSC) offers limited investor protection compared to top-tier regulators.
• Prohibition from serving UK residents since May 2021.
• Brand History:
• Axiance was rebranded from EverFX in 2021, and ICC Intercertus Capital Ltd (CySEC-regulated) was sold to M4Markets in 2022. The shift to offshore regulation under Aerarium Limited could indicate a strategic move to operate in less regulated markets.
• Related websites (EverFX.com, EverFX.eu, INFLYX.com, EverFXGlobal.com) suggest a complex corporate structure, which may confuse clients or obscure accountability.
• Promotional Offers: Bonuses and promotions (e.g., referral rewards) are only available under Aerarium Limited, not ICC Intercertus, which could entice risky trading behavior.
• User Feedback: Mixed reviews, with some users praising execution and support, while others (and experts) warn of regulatory risks.
• Lack of Transparency: Limited information on cybersecurity practices, WHOIS data, and hosting infrastructure reduces trust.

9. Website Content Analysis ¶

• Content Quality:
• The website offers trading tools, live newsfeeds, technical analysis, and expert advice, positioning itself as a modern broker. It supports MT4 and MT5, trusted platforms with global adoption.
• Promotions and bonuses are prominently featured, which may appeal to new traders but could encourage overtrading.
• Transparency:
• Clearly states regulatory status (FSA license SD036) and UK restrictions.
• Legal documents (e.g., terms, privacy policy) are accessible, but the complexity of the Axiance Group’s structure (multiple entities) may confuse users.
• User Experience: One user noted the website lacks sufficient educational or informational content, which could hinder beginner traders.
• Risk Warnings: The website includes standard disclaimers about the high risks of CFD trading, advising users to consider their risk tolerance.

10. Regulatory Status ¶

• Current Regulation:
• Aerarium Limited: Seychelles FSA (license SD036). Offshore regulation with limited oversight.
• Aurum Capital Ltd: Mauritius FSC (license GB20025770). Another offshore jurisdiction.
• ICC Intercertus Capital Ltd: Previously CySEC-regulated (301/16), but no longer operates Axiance; sold to M4Markets in 2022.
• Suspicious CySEC Clone: The CySEC license associated with Axiance is flagged as a clone, suggesting potential misrepresentation. Traders should verify licenses directly with regulators.
• Regulatory Implications:
• Offshore regulation reduces investor protections, such as access to compensation schemes or robust dispute resolution.
• The shift from CySEC to offshore regulation post-2022 raises concerns about intentional deregulation.
• Recommendation: Contact Axiance’s customer service or the FSA/Mauritius FSC to confirm regulatory status before trading.

11. User Precautions ¶

• Due Diligence:
• Verify Axiance’s regulatory licenses directly with the Seychelles FSA (SD036) or Mauritius FSC (GB20025770).
• Check user reviews on independent platforms like Forex Peace Army or Trustpilot for updated feedback.
• Risk Management:
• Start with a small deposit to test withdrawals and platform reliability.
• Avoid bonuses, as they often come with restrictive terms (e.g., high trading volume requirements).
• Security:
• Ensure your trading account uses strong passwords and 2FA (if available).
• Be cautious of unsolicited social media promotions or emails, which could be phishing attempts.
• Alternative Brokers:
• Consider brokers regulated by top-tier authorities (e.g., FCA, ASIC, FINRA) for greater fund security. BrokerChooser’s “Find My Broker” tool lists over 100 top-tier-regulated brokers.
• Education: Review Axiance’s webinars and educational resources, but supplement with independent sources to understand CFD trading risks.

12. Potential Brand Confusion ¶

• Similar Names:
• Aerium (www.aeriumtechusa.com): A company focused on aerospace and renewable energy, unrelated to Axiance. The similar name (“Aerarium” vs. “Aerium”) could cause confusion.
• Axians (www.axians.co.uk): A UK-based IT and cybersecurity firm offering domain mitigation services. Despite the similar name, it has no connection to Axiance and focuses on fraud prevention, ironically a concern for Axiance’s regulatory status.
• Atrium: Appears in unrelated contexts, such as Atrium Health (data breach) or Atrium (AI sales platform). No direct link to Axiance, but the name similarity could confuse users.
• Related Websites:
• Axiance’s association with EverFX.com, EverFX.eu, INFLYX.com, and EverFXGlobal.com (prior branding) may confuse users about its corporate structure.
• The axiance.eu domain now redirects to m4markets.eu, reflecting the 2022 acquisition of ICC Intercertus.
• Risk of Confusion:
• The complex corporate history (EverFX to Axiance, CySEC to offshore) and multiple domains could obscure accountability or mislead users.
• Traders should verify they are interacting with the correct entity (Aerarium Limited, axiance.com) to avoid scams or phishing sites.

13. Critical Evaluation ¶

• Strengths:
• Offers a wide range of CFDs (forex, stocks, cryptocurrencies, etc.) and trusted platforms (MT4, MT5).
• Positive user feedback on order execution, customer support, and withdrawal reliability.
• Physical office confirmed in Seychelles, adding some legitimacy.
• Weaknesses:
• Offshore regulation (Seychelles FSA, Mauritius FSC) and a suspicious CySEC clone license significantly increase risk.
• Lack of transparency in WHOIS, hosting, and advanced security practices.
• Complex corporate history and brand rebranding (EverFX to Axiance) may confuse or obscure accountability.
• Mixed reviews, with expert warnings outweighing user praise.
• Skeptical Perspective:
• The shift from CySEC-regulated ICC Intercertus to offshore Aerarium Limited post-2022 suggests a deliberate move to less regulated jurisdictions, potentially to reduce oversight or operational costs.
• The suspicious CySEC clone license is a critical red flag, as it implies misrepresentation, a tactic used by unscrupulous brokers.
• While user reviews are positive, they may not reflect long-term reliability, especially given the high-risk nature of CFD trading and offshore regulation.

14. Recommendations ¶

• For Traders:
• Approach Axiance with caution due to its offshore regulation and suspicious CySEC license. Consider brokers with top-tier regulation for better fund security.
• If trading with Axiance, start with a demo account, test withdrawals with small amounts, and avoid bonuses with restrictive terms.
• Monitor independent review platforms for updated complaints or regulatory changes.
• For Further Investigation:
• Conduct a WHOIS lookup via a trusted provider (e.g., ICANN or GoDaddy) to verify axiance.com’s registration details.
• Analyze hosting infrastructure using tools like SecurityTrails or Cloudflare Radar for IP and server insights.
• Check social media accounts for authenticity and engagement to rule out fake profiles.
• Alternative Brokers:
• Explore brokers like eToro (FINRA, ASIC-regulated), XM, or Exness, which have stronger regulatory oversight.

15. Conclusion ¶

Axiance (Aerarium Limited) presents a mixed profile. It offers a robust trading platform with positive user feedback on execution and support, but its offshore regulation, suspicious CySEC clone license, and complex corporate history raise significant concerns. The lack of transparency in WHOIS, hosting, and advanced security practices further elevates risk. While not definitively a scam, Axiance is classified as high-risk by experts, and traders should exercise extreme caution, prioritize due diligence, and consider top-tier-regulated alternatives to mitigate potential losses.

Disclaimer: CFD trading is high-risk and may result in the loss of all invested capital. Verify all information independently and consult a financial advisor before trading. The information provided is based on available sources as of April 22, 2025, and may change.