AxiTrader Review: A Comprehensive Review Of Axi Trader

AxiTrader has invested in co-located servers and fiber optics for faster, more accurate trading with its advanced technology. Since the brokers are traders themselves, they understand the need to have a great 24-hour service, tight spreads, and fast execution with minimal slippage. With that said, Axi commits to delivering their best to their clients to reach these factors that are very important to any aspiring trader in the online trading industry. Axi strives to provide any kind of help needed by any type of trader. I like the trading experience at Axi as the Pro account offers raw spreads from 0.0 pips for a commission of $7.00 per round lot. I also appreciate the swap rates, which accurately reflect the global interest rate environment, free of excessive broker mark-ups, as evident at many brokers.

If yes, kindly send the account number with the inactivity fee to , and our Client Services Team will check it for you. Their response was a defence of why they are technically within the terms of the Client Agreement to charge the inactivity fee with no notice. They have made no attempt to address my complaint or offered any acknowledgement that charging dubious fees without prior warning is bad practice.

Markets

It will show you patterns found on an instrument of your choice with a pattern quality rating. You can set alerts for when patterns are found and it can also forecast possible stop loss or take profit levels. The session map simply shows you the different markets opening and closing times. The automated trade journal can help to improve trade analysis by automatically recording your activity. If you want to find areas in which you can improve, this is a great tool. Axi accepts clients from all over the world, excluding USA, Canada, Iran and some other countries where restrictions apply.

Worst forex firm I ever seen, I registered then I could not login again, am wondering system asks for Mt4 credentials while am not able even to login to my dashboard to open mt4 account!! Am just imagining if this happend during live trading urgent action required !! Can’t trust them again, they have serious system issues, support is bad late reply non profissional reactions. Axi have been untruthful to me for months while I awaited my withdrawal. It’s perplexing because it only takes a couple of minutes for them to process your funds, but when it comes time for a payout, it’s a different story. It seems deliberate and it took me a while to realize this after experiencing several setbacks.

• Trading these CFDs means you do not have to invest directly in the digital asset.
• Additionally, there is no inactivity fee at all, and you are not charged for deposits or withdrawals for the time being.
• The platform is friendly and efficient by auto generating and emailing log in details.
• The desktop platform provides a user-friendly interface that also offers built-in technical indicators, Axi autochartist, and more.
• We have over 20 years of experience when it comes to trading online so we know what to look for.

We highly recommend getting a demo account before going live in trading because it is important to practice your skills and strategies and as well as be comfortable with the platform. Trading itself requires high risks and as traders, we need to be aware of that. Opening a live account with Axi takes only 3 simple steps.First, you need to complete the application by filling up the form. Second, in order to help protect your account, Axitrader requires verification in form of sending an ID to confirm your identity. Third and last, fund your account with any amount you want as Axi does not require any minimum deposit and you can go ahead and start trading. When combined together, this can be a powerful edge to get better trades in trading.

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In addition, it boasts liquidity from the biggest banks in the world on a global scale, making it a truly global platform. Further, the platform is very competitive in terms of spreads, with some being as low as 0.0 pips. This is the most popular version of MT4 that is used by millions of traders across the globe to trade the financial markets. From the high performance MT4 terminal you can access Axi’s full selection of trading instruments. You simply download and install MT4 for PC or Mac and login to your account to start trading.

The only requirements are name, country, e-mail, phone number, and application type, which took me less than 30 seconds to complete. New accounts require verification, following well-established industry practices. A copy of the ID and one proof of residency documents generally satisfies this step and completes KYC/AML stipulations. Also, in the year 2017, it won the ‘Most Reliable Broker in Forex Awards and ‘Highest Overall Client Satisfaction’ in the Investment Trends Australia FX Report. Only last year, 2018, AxiTrader gathered awards for being the winner of ‘Best MT4 Provider’ in compareforexbrokers.com.au and UK Forex Awards.

In summary, the Axi broker offers competitive prices and award-winning 24/5 multilingual customer service- one of the best in the market. Additionally, there is no inactivity fee at all, and you are not charged for deposits or withdrawals for the time being. The Standard Account is designed for beginners and offers features such as no commission, a minimum deposit of $200, and the ability to open and close positions quickly. Remember that there is a risk of your accounts lose money in all brokers. Axitrader offers a mobile trading platform that is available on both Android and iOS devices.

Axi review and test – How good is the broker?

Axi UK must comply with the rules of the European Securities and Markets Authority when they are conducting their business. These rules limit the amount of leverage offered to EU clients and the way in which financial services are promoted. If you want higher leverage then you would need to look at the international brand. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. Operating with integrity, honesty, trust and transparency is of the upmost importance. They are always looking to improve their services in order to stay up to date with the latest innovative technologies and continue to deliver excellent customer support.

The economic calendar keeps you up to date with the latest market news and can be set to send you alerts on specific events. It is useful having the calendar build into the platform rather than needing to keep checking it externally. I always like to know what is happening around the world as the news can have a large impact on price movement.

Excellent trading and communicative broker.

Protection matters for you because the investor protection amount and the regulator differ from entity to entity. Being regulated by several top-tier financial authorities is a great sign for Axi’s safety. Under ‘Learn to Trade’, you can find seminars and webinars to watch. However, we found that these are only scheduled for certain language pages, with many of them indicating loading errors at the time of the review.

Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

We will educate you about the features in this Axi review, though some features will not be available in some countries. You will get the list of the available countries on their website. You can trade commodities without needing to purchase the physical asset as you are simply trading on the price movement of the underlying asset or instrument. Some of the most popular traded commodities are gold, silver, oil and gas. Whether you’re learning the fundamentals of Forex, discovering different strategies or looking for expert trading tips, the eBook series can help to improve your knowledge of the markets.

You can find the main educational tools under the ‘Learn to Trade’ menu at top of the page. There are educational articles in the ‘Markets Blog’ section as well, which are up-to-date and well-written. Axi’s phone support was average-speed and we got relevant answers.

Review of the deposit and withdrawal

At BrokerChooser, we consider clarity and transparency as core values. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . Axi offers a social trading servicevia Forex Trading Signals on the MT4 platform. It is important to note that certain products are only available from specific live servers on the MetaTrader trading platform. Similarly to the web trading platform, Axi provides only a one-step login.A two-step login would be safer.

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This means that client funds cannot be used for any other purpose by the company such as operating costs are hedging. Trading on AxiTrader PRO account, you will receive a reduced spread and a commission charge will occur based on the base currency of your trading account and the size of your trade. Here is a screenshot of the Axi MT4 Pro trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. This is also something to look forward to when trading with AxiTrader.

Axi is an award winning, regulated online broker created by traders for traders. They offer tight spreads, low commissions, rapid trade execution speeds and a range of different markets. Advanced platforms and trading tools ensure an excellent trading experience. Since Axi was founded by traders for traders, the firm understands the importance of costs and fees in trading.With that said, Axi does not charge an inactivity fee or withdrawal fees.

The platform also offers a range of educational tools to help users become more knowledgeable about trading and the markets, as well as a range of customer support options. Traders trading with this broker will enjoy direct access to multiple destinations of liquidity in forex markets. The vision of Axi is to keep delivering remarkable trading support and become the world’s leading provider of online foreign exchange trading services. AXI is an Australia-based online brokerage offering a suite of trading tools and services for users to take advantage of. With low costs and a wide array of trading tools and services, AXI is an ideal choice for those looking for a reliable and cost-effective online brokerage.

They serve clients in over 150 countries round the world and offers multilingual 24/5 customer support. For other days or weekends, traders can email the support and get a reply when the office gets opened. Besides, the Axi in the UK must comply with the European Securities and Markets Authority , which basically axi forex broker limits the offered leverage. All the regulations ensure that clients’ funds remain safe in the segregated fund and provide negative balance protection. Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.