FXLINK Review: Is This High-Leverage Broker Safe or a Scam!?
Read our expert FXLINK review to discover the risks of 1:5000 leverage, regulatory status, and user complaints. Is FXLINK broker the right choice for you?!
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The Financial Sector Conduct Authority (FSCA) has granted Sovereign Africa Ratings (Pty) Ltd (SAR) a licence to operate as a sovereign credit ratings agency from March 8, 2022.
The Financial Sector Conduct Authority (FSCA) has granted Sovereign Africa Ratings (Pty) Ltd (SAR) a licence to operate as a sovereign credit ratings agency from March 8, 2022.

SAR is based in Centurion in Gauteng, and is authorised to issue sovereign ratings only.
According to the FSCA, a sovereign credit rating is one where:
The entity rated is a state or a provincial or local authority of the state; or
The issuer of the debt or financial obligation, debt security, or other financial instrument is a state, or a provincial or local authority of the state; or
A special purpose vehicle of a state or a provincial or local authority of a state.
It says the approval is in terms of Section 5 of the Credit Rating Services Act which “seeks to ensure that credit ratings issued in South Africa meet minimum standards of quality, transparency and independence”.
Only companies licensed by the authority as credit rating agencies may lawfully issue credit ratings that may be used for regulatory purposes.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Read our expert FXLINK review to discover the risks of 1:5000 leverage, regulatory status, and user complaints. Is FXLINK broker the right choice for you?!

Is 4T a scam or legitimate broker? Our 2026 review analyzes 4T’s regulation, user complaints, and performance. Read before you login or invest! Find out now.

Picking a forex broker is one of the biggest financial choices a trader will make. The market offers many opportunities, but it also comes with risks. The biggest risk is giving your capital to a dishonest or poorly regulated company. This leads us to the important question you're thinking about: Is AXIORY legit, or is it a potential scam? The answer needs more than a simple yes or no; it requires a complete investigation. This article gives you a clear, fact-based analysis of AXIORY's legitimacy. To make sure we're objective and reliable, our findings are based on detailed data collected by WikiFX, a global broker regulatory research platform. The information we found is worrying. Read to know more.

AXIS Capital Holdings Limited presents a deeply concerning profile that demands immediate attention from potential traders, earning an alarming overall rating of just 2.3 out of 10 based on 20 reviews. The broker's performance is marked by an overwhelming 95% negative review rate, with 19 out of 20 traders expressing dissatisfaction with their services, creating a stark warning signal for anyone considering this platform. Read this extensive analysis report for an informed call.