Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

Axi

Australia Australia | 15-20 years | Trading Env. AAA |
ECN Account Regulated in Australia | Market Making License (MM) | MT4 Full License | Global Business | High potential risk

https://www.axi.com/int

Website

Rating Index

Trading Env.

Trading Env.

AAA

Average Execution Latency (ms)

249.9 Great

MT4/5

Full License

Axi-US15-Live

United States
United States
MT4
129

Influence

A

Influence Index NO.1

Brazil Brazil 6.46
The WikiFX Score of this broker is reduced because of too many complaints!

Trading Env.

Speed:AAA

Slippage:AAA

Cost:AAA

Disconnected:AA

Rollover:A

MT4/5 Verification

MT4/5 Verification

Full License

129
Server Name
Axi-US15-LiveMT4
Server LocationUnited StatesUnited States

Influence

Influence

A

Influence Index NO.1

Brazil Brazil 6.46
Surpassed 81.20% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+61 1300 888 936
https://www.axi.com/int
Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadines
WikiFX Risk Alerts
  • WikiFX has received a total of 25 user complaints against this broker, please be aware of the risks and do not be scammed!

Basic Information

Registered Region
Australia
Operating Period
15-20 years
Company Name
AxiTrader LLC
Abbreviation
Axi
Employees
--
Email
service@axi.com
Address
Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadines
FX1206856634

FX1206856634

Verified

Indonesia

I have submitted several withdrawal requests, but so far none of them have been processed.

Exposure

FX1206856634

FX1206856634

Verified

Indonesia

I always fail to make a withdrawal.

Exposure

小兔乖乖

小兔乖乖

Unverified

Australia

Last Thursday, April 2nd. Before the market opened, I had 0.3 lots of sell orders and 0.3 lots of buy orders in silver, meaning my account was in a locked-in state. Logically, locking in orders shouldn't tie up margin! And because I had locked in orders, I shouldn't be affected by market fluctuations! However, Axi, without my consent, closed each position at a very bad price. Both my 0.3 lot buy and 0.3 lot sell orders in silver resulted in losses for all of them! Closing a client's account without their consent is illegal! Before the market opened, my account had $1200 available balance. After the market opened, due to Axi's series of unauthorized closing operations, my balance became -$200! I was furious and complained to Axi customer service, demanding compensation. Customer service replied that market fluctuations caused margin changes, leading to the liquidation. I was even more furious. I said, "Axi, don't keep using 'insufficient margin for forced liquidation' to confuse the issue! Do you think you're a native human who hasn't studied math?! First, locking in positions doesn't use up margin, and even if some is used, it's extremely small. Second, how can margin be affected by market fluctuations when positions are locked?! The margin requirement was less than $100, and in a locked position, the margin couldn't possibly be affected by the market! I had $1200 available at the time, how could it possibly lead to forced liquidation?! It's like going to a bank to deposit $1200, and the bank charges you $1400 in fees—isn't that absurd? Is that reasonable and legal? I know Axi sometimes has exaggerated slippage, but even the most exaggerated slippage can't possibly be forced to liquidate one by one at a bad, losing price when I've already locked in positions, with less than $100 in margin and $1200 in available funds! And without the client's permission, at bad price points!" I am filing a claim.

Exposure

肯尼

肯尼

Verified

Taiwan

The author's evaluation of Axi tends to be average. Although the company's AI robot replies are very timely and accurate, identity verification and deposit/withdrawal speeds are fast, and it has good regulatory bodies, there are 22 complaints on Forex Sky Eye. The author saw that some of the complainants provided screenshot proofs, which are basically unlikely to be fabricated. The information obtained by querying the AI for confirmation is that Taiwan falls within the scope of offshore regulation (St. Vincent and the Grenadines FSA). Offshore regulation belongs to regulatory bodies with weaker regulatory strength. Additionally, the AI mentioned that Axi has some stricter internal control mechanisms. If the system determines that an account has abnormal trading behavior (such as illegal arbitrage or order abnormalities caused by unstable network connections), it may deduct profits or freeze the account, which is also a common reason for generating a large number of complaints. Furthermore, Axi does not have cent/Micro accounts, which poses a higher risk for forex beginners. For example, recently, gold experienced a short-term 1-minute move of less than 10 minutes, potentially resulting in a market movement of tens of thousands of points. This is too risky for beginners, subjecting them to very high psychological pressure before they have even mastered the techniques. Based on the above reasons, the author gives it a medium rating. Other recommendations: Axi's Select account type has a nature similar to a trader exam. While earning the profits one was already supposed to earn, as long as one complies with Axi Select's regulations, there is a chance to receive an additional share of the profits. This is different from trader exams that require paying an additional exam fee. It is a good scheme for risk-free capital amplification.

Neutral

Neutral

周一

周一

Unverified

Vietnam

Today, Axi has even resorted to the same despicable tactics as those fraudulent platforms. Simply because a client made a profit—three times their initial investment—a mere $14,000 was enough for Axi to employ underhanded methods to obstruct withdrawals. Below is a detailed account of the incident and relevant evidence. Withdrawal: Here's the key point! On March 27, 2026, the fourth withdrawal attempt was made, totaling $104,381. This is where the story begins. Axi started using the same tricks as fraudulent platforms. First, they froze the client's withdrawal permissions, preventing them from withdrawing any funds, and they received no email explaining the reason for the inability to withdraw. The client had no choice but to turn to us, because we were the ones who recommended Axi to the client. We had previously claimed that Axi was highly reliable, had a high brand recognition, and a strong and reputable company, and that we were in talks with the client to bring in a larger amount of funds to open an account with Axi. So, I had to contact the account manager, who told me the client needed to complete KYC. However, for other clients who had lost money, we'd never encountered a KYC requirement before; KYC was always done at the time of account opening. We'd never had a situation where withdrawals were blocked by requiring KYC. Okay, since that's the case, the client had to cooperate with Axi by submitting all the complicated documents required for KYC. The first requirement was proof of address: bank statements and mobile phone statements were invalid; a residential address matching the account holder's utility bills (water, electricity, gas). (For a Vietnamese client, many houses are private residences, and the property ownership might be in the parents' names. This alone is enough to shut out most clients. I've never heard of any institution disregarding bank statements as proof of address. Axi's requirement was eye-opening; it's clearly designed to make KYC submission more difficult, the goal being to prevent withdrawals—it's not as simple as just making profits and preventing losses). Finally, the required KYC documents were completed. But the result wasn't the restoration of withdrawal privileges, and Axi didn't send any email notification about the next steps.

Exposure

ezzeddin

ezzeddin

Unverified

Egypt

This broker tried to hack my account, steal my money, and zero out my account unjustly. I filed a complaint with them about this, and after nearly 20 days of continuous communication, they told me they couldn't process my refund because I made a valid withdrawal, which I never actually received. They also changed my withdrawal method without my knowledge. They changed my cryptocurrency wallet and stole my money.

Exposure

maxparawe

maxparawe

Unverified

Georgia

The educational materials on their site are actually useful for newer traders. I shared some of them with a friend who recently started trading.

Positive

Positive

Goraee

Goraee

Unverified

Italy

For me execution quality matters the most. So far order execution has been reliable.

Positive

Positive

Antikollaas

Antikollaas

Unverified

United Kingdom

One thing that stood out is the overall simplicity of the trading environment. It doesnt feel overly complicated. I mostly trade EUR/USD and gold and everything works as expected.

Positive

Positive

FX1922292800

FX1922292800

Unverified

Spain

What I liked about Axi from the beginning was the straightforward setup. No complicated account types or hidden conditions. I mostly trade forex using a combination of moving averages and support/resistance levels.

Positive

Positive

Rtioi

Rtioi

Unverified

Canada

I started using Axi after trading with a few other brokers over the years. My main focus is forex, mostly EUR/USD and AUD/USD. What stood out to me initially was how easy it was to set up the account and connect everything to MT5.

Positive

Positive

13roon

13roon

Unverified

Canada

The overall trading environment feels professional. Nothing flashy, just solid conditions for trading.

Positive

Positive

Limmarota

Limmarota

Unverified

United Kingdom

I tested the broker during some volatile market events and execution held up reasonably well.

Positive

Positive

FX1525667836

FX1525667836

Unverified

Germany

What I appreciate about Axi is the transparency of the trading conditions. Everything is clearly explained and there were no surprises once I started trading.

Positive

Positive

Poooar

Poooar

Unverified

United Kingdom

I trade mostly commodities, especially gold and oil. Pricing seems competitive compared to other brokers I tried.

Positive

Positive

Fillopp

Fillopp

Unverified

Serbia

Spreads on EUR/USD are pretty reasonable compared to a few other brokers I tested earlier.

Positive

Positive

Sfarer

Sfarer

Unverified

United Kingdom

Ive been trading forex for about four years and decided to try Axi after reading some reviews online. My strategy involves breakout setups on the H1 timeframe. So far the spreads and execution have worked well for that type of trading.

Positive

Positive

TimTima

TimTima

Unverified

Canada

Trading had me anxious—constant fear of losses in demo props. Axi Select shifted that: real stakes but forgiving tiers. Focused on mindset, journaling per their resources. 10 months in, Elite stage, $400k allocation. 90% split feels rewarding. Emotions evolved from dread to discipline; one drawdown demotion was a wake-up, not endgame. Community forums shared similar stories—normalized struggles. Withdrawals seamless, even in volatile weeks. If trading's mental game haunts you, this program heals and scales.

Positive

Positive

Groor

Groor

Unverified

Indonesia

Tried Axi Select as a total newbie after watching YouTube tutorials. Deposited $500, started live trading immediately—no endless demos! In two months, my Edge Score hit 60, unlocked $10k allocation. Felt like a pro right away. Withdrawals super easy via bank transfer. Thrilled and hooked—finally a program that doesn't gatekeep!

Positive

Positive

FX3995550092

FX3995550092

Unverified

Netherlands

Solid broker, tight spreads on majors, fast execution. Withdrawals in 1 day. Recommended.

Positive

Positive

Stellarra

Stellarra

Unverified

Brazil

Axi is decent: tight spreads, fast platform, good support (even in Ukrainian/Russian). Withdrawals sometimes take 3-4 days for larger amounts, limited crypto options. Slippage during news can happen for HFT. Overall 8/10, still using it.

Positive

Positive

Vivkol

Vivkol

Unverified

Canada

joined Axi Select after blowing challenges elsewhere. Edge Score helps improve, community and live analysis are awesome. Scary at first, but now it's the real path to pro trading. Thanks Axi!

Positive

Positive

msssXX

msssXX

Unverified

Bulgaria

One year on Axi — crypto CFDs and indices. MT5 didnt crash during dumps. BTC/USD spreads 10–20$, fair. Withdrawals 1–2 days. Built-in economic calendar handy. Support answered in 20 min. Stable.

Positive

Positive

151
Account Info
Related Personnel
Trading Env.
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
Disclosure
News
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
White Label MT5
White Label MT5
29
MT4 Servers
7
MT5 Servers
216.99
velocityIcon
Average Execution Speed/ms

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Trading Apps
4
All 4
iOS 3
Android 1
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Trading Env.

Average Execution Speed(ms)
249.9 Great
Minimum Execution Latency(ms)
31 Perfect
Minimum Open Latency(ms)
47 Perfect
Minimum Close Latency(ms)
31 Perfect
Maximum Open Latency(ms)
1859
Maximum Close Latency(ms)
1827
13.1USD/Lot Good
13.16USD/Lot Perfect
Long: -8.58USD/Lot    Short: 4.14USD/Lot Good
Long: -66.76USD/Lot    Short: 34.75USD/Lot Poor
Average Slippage
-0.1 Great
Max Slippage
21
Maximum Positive Slippage
-1 Good
Maximum Negative Slippage
21
Avg. Disconnection Frequency (/day)
0.1 Perfect
Avg. Reconnection Time (ms)
25.2
Ranking: 16 / 124
Tested Users 652
Orders 8,962
Used Margin $2,203,762 USD
Data provided by
vpsWikiFX Data provide
Last Updated:2026-04-13 01:00:00

Verified Site

Top Visitor Locations
AustraliaAustralia
SingaporeSingapore
  • Japan axiconnect.online
    23.215.212.16
  • United States edge-cn.co
    199.59.150.43
  • Japan axiedge.website
    23.67.74.200
  • United States axi.group
    98.159.108.58
  • Japan axiedge.site
    23.67.74.200
  • Hong Kong global-edge.info
    23.200.143.74
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Axi

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Employees

About Us

About Us

Company Profile

Review summary

The Axi Group is a global award-winning broker, with regulatory licenses in Australia, New Zealand, DFSA and the United Kingdom.

The Axi brokers consist of:

AxiCorp Financial Services Pty Ltd (ACN 127 606 348) is authorised and regulated by the Australian Securities and Investment Commission (ASIC) in Australia with licence no 318232 and the Financial Markets Association (FMA) in New Zealand with licence no 518226.

AxiCorp Financial Services Pty Ltd Dubai Branch is also regulated by the Dubai Financial Services Authority (DFSA) in Dubai Ref No: F003742.

Axi Financial Services (UK) Ltd (company no. 6050593) is authorised and regulated by the Financial Conduct Authority (FCA) in the UK with firm reference no 466201.

AxiTrader Ltd (company no. 25417 BC 2019) is registered in St Vincent & the Grenadines.

Solaris EMEA Ltd is registered in Cyprus under company no. HE376148. Solaris EMEA Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission - CySEC license number 433/23.


Company Profile

  • 2025 SkyLine Malaysia 2025 SkyLine Malaysia
  • 2025 SkyLine Thailand 2025 SkyLine Thailand
  • 15-20 years
  • Regulated in Australia
  • Regulated in United Kingdom
  • Regulated in New Zealand
  • Regulated in Cyprus
  • Market Making License (MM)
  • Derivatives Trading License (MM)
  • MT4 Full License
  • White label MT5
  • Self-developed
  • Global Business
  • High potential risk

News

Is Axi Legit? Complete Look at Rules, Reviews, and Warning Signs

Exposure Is Axi Legit? Complete Look at Rules, Reviews, and Warning Signs

People often ask direct questions on trading websites and search engines: "Is Axi legit?" or more directly, "Is Axi a scam?" For a broker that works around the world and has been running for many years, these questions show there's disagreement in the trading community. This article won't give you a simple yes or no answer. Instead, it offers a detailed investigation based on information anyone can find to help you make your own smart decision. Our goal is to break down the evidence and show you the facts as they are. We will look at Axi's government oversight, its technology systems, and real experiences from users—both good and bad. To stay completely fair, all information here comes from detailed data and user reports on WikiFX, a worldwide broker research platform. This is not an advertisement; it is a structured check of whether the company is legitimate.

Axi Plaza Redefines Cam Ranh’s Beachfront Business Scene

News Axi Plaza Redefines Cam Ranh’s Beachfront Business Scene

Axi Plaza launches on Cam Ranh’s coast, merging resort, retail, and MICE spaces in one destination, shaping Vietnam’s tourism future.

Axi No Longer Comforts Traders: Withdrawal Denials, Login Issues & Scam Programs Grab Headlines

Exposure Axi No Longer Comforts Traders: Withdrawal Denials, Login Issues & Scam Programs Grab Headlines

Do you constantly face withdrawal denials at Axi, an Australia-based forex broker? Does the scenario remain the same despite submitting the required documentation to the broker? Do you witness account blocks after earning profits? Does the frequent login issue prevent you from making smart trading moves? Do you find faults in its forex programs? These issues have become increasingly typical of traders at Axi. Many traders have highlighted these on several review platforms online. In this article, we have showcased some. Take a look!

Axi Renews Endorsement Deal with Manchester City’s John Stones

News Axi Renews Endorsement Deal with Manchester City’s John Stones

Axi extends its partnership with Manchester City star John Stones, strengthening its football marketing strategy and global brand presence.

Axi Select Reaches $400M Milestone in Two Years

News Axi Select Reaches $400M Milestone in Two Years

Axi Select celebrates two years with $400M+ allocated funding, 40K+ traders, and five reaching $1M ProM stage in innovative prop-style program.

Axi CCO Louis Cooper to Retire in Sept 2025

News Axi CCO Louis Cooper to Retire in Sept 2025

Axi announces CCO Louis Cooper’s retirement effective end-September 2025; he remains a shareholder as leadership succession details are awaited.

View More

Wiki Q&A

Is Axi safe to trade with?

Axi presents a credible safety profile for traders, primarily through its robust multi-jurisdictional regulatory framework. It holds active Market Making licenses with top-tier authorities including the Australian Securities & Investment Commission (ASIC), the UK's Financial Conduct Authority (FCA), and is additionally regulated by the FMA in New Zealand, CYSEC in Cyprus, and the DFSA in the UAE. This extensive oversight is reflected in its strong WikiFX Score of 8.12.

04-02
United States

What licenses does Axi hold?

Axi operates under several significant licenses globally. Its core Market Making (MM) licenses are held with the ASIC (318232) in Australia and the FCA (466201) in the UK. It also maintains a Derivatives Trading License from New Zealand's FMA (518226) and one from Cyprus's CYSEC (433/23). Furthermore, it has an active Derivatives Transmission License (F003742) with the Dubai Financial Services Authority (DFSA) in the UAE.

04-02
United States

What is the full company name of Axi?

The broker operates under the full legal name AxiTrader LLC. It is headquartered in Australia and has been serving clients in global forex and CFD markets for 15 to 20 years, establishing itself as an experienced player in the industry.

04-02
United States

What is the minimum trade size at Axi?

Axi offers competitive account structures with a notably low minimum deposit requirement. For its Professional and Standard accounts, the minimum cash requirement to start trading is 0.01 units of the account's base currency, which allows for high accessibility. These accounts support leverage up to 1:500 and feature spreads starting from 0.0 pips on the Professional Account.

04-02
United States
View More

User Comments151

All (151) Positive (117) Neutral (7) Exposure (27)
小兔乖乖
小兔乖乖
1-2 years
Exposure
With my position locked, I had $1200 at my disposal before the market opened, but after the market opened, my balance became -$200!
Last Thursday, April 2nd. Before the market opened, I had 0.3 lots of sell orders and 0.3 lots of buy orders in silver, meaning my account was in a locked-in state. Logically, locking in orders shouldn't tie up margin! And because I had locked in orders, I shouldn't be affected by market fluctuations! However, Axi, without my consent, closed each position at a very bad price. Both my 0.3 lot buy and 0.3 lot sell orders in silver resulted in losses for all of them! Closing a client's account without their consent is illegal! Before the market opened, my account had $1200 available balance. After the market opened, due to Axi's series of unauthorized closing operations, my balance became -$200! I was furious and complained to Axi customer service, demanding compensation. Customer service replied that market fluctuations caused margin changes, leading to the liquidation. I was even more furious. I said, "Axi, don't keep using 'insufficient margin for forced liquidation' to confuse the issue! Do you think you're a native human who hasn't studied math?! First, locking in positions doesn't use up margin, and even if some is used, it's extremely small. Second, how can margin be affected by market fluctuations when positions are locked?! The margin requirement was less than $100, and in a locked position, the margin couldn't possibly be affected by the market! I had $1200 available at the time, how could it possibly lead to forced liquidation?! It's like going to a bank to deposit $1200, and the bank charges you $1400 in fees—isn't that absurd? Is that reasonable and legal? I know Axi sometimes has exaggerated slippage, but even the most exaggerated slippage can't possibly be forced to liquidate one by one at a bad, losing price when I've already locked in positions, with less than $100 in margin and $1200 in available funds! And without the client's permission, at bad price points!" I am filing a claim.
Exposure
Exposure
Exposure
Exposure
Exposure
Exposure

Australia

肯尼
肯尼
3-5 years
Verified
Neutral
Kenny-Axi Forex Platform Usage Review Record
The author's evaluation of Axi tends to be average. Although the company's AI robot replies are very timely and accurate, identity verification and deposit/withdrawal speeds are fast, and it has good regulatory bodies, there are 22 complaints on Forex Sky Eye. The author saw that some of the complainants provided screenshot proofs, which are basically unlikely to be fabricated. The information obtained by querying the AI for confirmation is that Taiwan falls within the scope of offshore regulation (St. Vincent and the Grenadines FSA). Offshore regulation belongs to regulatory bodies with weaker regulatory strength. Additionally, the AI mentioned that Axi has some stricter internal control mechanisms. If the system determines that an account has abnormal trading behavior (such as illegal arbitrage or order abnormalities caused by unstable network connections), it may deduct profits or freeze the account, which is also a common reason for generating a large number of complaints. Furthermore, Axi does not have cent/Micro accounts, which poses a higher risk for forex beginners. For example, recently, gold experienced a short-term 1-minute move of less than 10 minutes, potentially resulting in a market movement of tens of thousands of points. This is too risky for beginners, subjecting them to very high psychological pressure before they have even mastered the techniques. Based on the above reasons, the author gives it a medium rating. Other recommendations: Axi's Select account type has a nature similar to a trader exam. While earning the profits one was already supposed to earn, as long as one complies with Axi Select's regulations, there is a chance to receive an additional share of the profits. This is different from trader exams that require paying an additional exam fee. It is a good scheme for risk-free capital amplification.
Neutral
Neutral

Taiwan

周一
周一
6-10 years
Exposure
The well-known platform Axi has suffered a cash flow crisis and is now using fraudulent platform tactics!
Today, Axi has even resorted to the same despicable tactics as those fraudulent platforms. Simply because a client made a profit—three times their initial investment—a mere $14,000 was enough for Axi to employ underhanded methods to obstruct withdrawals. Below is a detailed account of the incident and relevant evidence. Withdrawal: Here's the key point! On March 27, 2026, the fourth withdrawal attempt was made, totaling $104,381. This is where the story begins. Axi started using the same tricks as fraudulent platforms. First, they froze the client's withdrawal permissions, preventing them from withdrawing any funds, and they received no email explaining the reason for the inability to withdraw. The client had no choice but to turn to us, because we were the ones who recommended Axi to the client. We had previously claimed that Axi was highly reliable, had a high brand recognition, and a strong and reputable company, and that we were in talks with the client to bring in a larger amount of funds to open an account with Axi. So, I had to contact the account manager, who told me the client needed to complete KYC. However, for other clients who had lost money, we'd never encountered a KYC requirement before; KYC was always done at the time of account opening. We'd never had a situation where withdrawals were blocked by requiring KYC. Okay, since that's the case, the client had to cooperate with Axi by submitting all the complicated documents required for KYC. The first requirement was proof of address: bank statements and mobile phone statements were invalid; a residential address matching the account holder's utility bills (water, electricity, gas). (For a Vietnamese client, many houses are private residences, and the property ownership might be in the parents' names. This alone is enough to shut out most clients. I've never heard of any institution disregarding bank statements as proof of address. Axi's requirement was eye-opening; it's clearly designed to make KYC submission more difficult, the goal being to prevent withdrawals—it's not as simple as just making profits and preventing losses). Finally, the required KYC documents were completed. But the result wasn't the restoration of withdrawal privileges, and Axi didn't send any email notification about the next steps.
Exposure
Exposure

Vietnam

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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