Is Axi a Scam? Regulation Check 2026
We checked Axi's licence in the official FSA register. Here is what the public records say.
Verdict
Axi is NOT a scam. It holds FSA licence SD037, authorising it to offer trading services in Kenya.
How to verify on the official register
| Regulator | FSA FSA Seychelles Financial Services Authority (FSA) |
| Licence Number | SD037 |
| Regulated Entity | AxiCorp Global Services Ltd |
| Founded | 2007 |
What FSA regulation means
FSA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSA directly.
What FSA regulation means for your money
- Client funds held in segregated bank accounts, separate from Axi's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with FSA if Axi fails to resolve your issue
- Axi submits to regular independent financial audits under FSA oversight
Frequently Asked Questions
Is Axi a scam or legitimate?
Axi is NOT a scam. It holds FSA licence number SD037. FSA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSA official register.
How do I check Axi's FSA licence?
Go to the official FSA website and use the public register search. Search for licence number SD037 or the entity name. The record will confirm Axi's authorisation status and the scope of its permissions.
Are my funds safe with Axi?
As an FSA-regulated broker, Axi must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Axi encounters financial difficulties.
What protection do I have as a Axi client in Kenya?
In Kenya, Axi operates under FSA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FSA.
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