AxiTrader review by Forex Peace Army ⭐ Stay informed read Axi reviews
The forex trading platform is very clean, and all the charts and other trading tools are easy to find and use. This forex platform is the most popular globally based on its functionality, ease-of-use and automated trading. Based on solely MT4 Compare Forex Brokers found Axi offered axitrader the best forex platform offering. It didn’t though receive maximum scores simply because competitors such as Pepperstone and IC Markets offer additional platforms. When spreads and fees are compared to other Australian forex brokers, the overall result was favourable.
- Most clients get the chance to have their account in their choice of base currency from AUD, USD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, or CAD and deposit funds.
- If you are already an active customer with the online broker, you will automatically be assigned your own customer advisor as a direct contact person for questions or problems.
- However, it is worth noting that for new accounts, funding fees are waived for credit cards.
- Plus, you can even un-dock the feature and place it anywhere on your desktop.
- By using VPS hosting, external providers can be used to ensure that trading activities are not affected by technical problems or a bad connection.
Whatever your Forex experience, we’ve got a solution that suits your needs. The broker is an Australian based merchant that was founded in 2008 with its headquarters located in Sydney. Axi prides itself on 24-hour support, fast trade execution, tight spreads with minimum account slippage. Don’t forget that AxiTrader’s customer support team https://forexreviewdaily.com/ are available through live chat, email and telephone 24 hours a day, 5 days a week if you have any questions. You will also be able to access customer support 24 hours, 5 days a week for help and assistance as you use your demo account. Access to real-time spreads and execution speeds are provided, creating a realistic trading experience.
Add to the wish is an upgrade in its research and education facility. Moreover, these account offerings are complemented with free VPS service, Autochartist functionality, myfxbook Autotrade, psyQuation, and psyQuation premium. On top of these recognitions, AxiTrader is a multiple-regulated broker as it operates in full compliance with some of the world’s most reputable financial licensing authorities. Particularly, AxiTrader is licensed by the Australian Securities and Investments Commission, Financial Conduct Authority https://forexreviewdaily.com/ (in the U.K.), and the Dubai Financial Services Authority. With these top-tier regulatory credentials, it doesn’t take a genius to say that AxiTrader lives up to its recognitions being a reliable and trusted broker. Discover the AxiTrader advantage and everything you need to know about the broker as you read this detailed forex broker review. When dealing with their own money, new traders understandably require reassurance and confidence that they will be supported and that their personal information is safe.
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. I have been using Axi for a few months now and everything is right, from their costs and trading performance is one of the best among the top brokers. Besides having Australia’s Asic, they have the UK’s FCA, so they are well regulated. AxiTrader offers over 130 CFD instruments across Forex, Stocks, Indices, Commodities, Precious Metals, and Cryptocurrency categories. For comparison, the conditions for the pro account are listed below.
What broker does not accept a wire transfer?
The documents contain valuable information and are worth reading carefully to ensure you are fully informed before you start trading. There are three main steps to opening a full account and making it ready for trading, as we will explain below. Once you have entered your information, you can click the button at the bottom of the form that says “Start your FREE demo! After looking at the background https://forexreviewdaily.com/axitrader/ of AxiTrader and how it operates, it is now time to look at how to set up an account with them. AxiTrader is also part of the Financial Services Compensations Scheme. This means that funds against liquidation or insolvency up to £50,000 are protected. AxiTrader has also recently developed ‘MT4 NextGen’, a set of tools that are designed to make MetaTrader 4 easier and better to use.
Axi processes client withdrawals via most of the payment methods available for deposit making it convenient for its clients to withdraw their funds. We recommend that you open your account with the UK entity since it is the only one that offers deposit protection to traders if it is available to you. Just make sure you check the minimum deposits on both types of accounts – for instance, if your starting balance is quite small then that might rule out a PRO account. The company is growing from strength to strength, catering actively to its diversified clientele and substantial trading volumes. The revenue collected by AxiTrader makes it one of the top 10 retail brokers in the global forex and CFD market. It is highly transparent with its operations, winning awards recurring for its services in the market.
Sadly, alerts and notifications in the mobile platform are not part of the available features and functions. The MetaTrader can be customized, reports fees clearly, https://www.dukascopy.com/swiss/english/forex/trading/ has order confirmation notifications, and is available in many languages. Trading Forex and CFDs with leverage poses significant risk of loss to your capital.
However, the platform does not provide trade ideas or fundamental reports that could affect certain instruments. Axi offers different leverage levels to its clients depending on the entity under which they registered their accounts. You can run most types of trading strategies as the broker allows high-risk strategies such as hedging and scalping. The FCA also guarantees traders registered under the UK entity deposit compensation of up to £85,000 in case the broker goes bankrupt. “But commissions are high for credit-card transactions,” you say. The valued clients of AxiTrader have helped the brand distribute its global revenue base across multiple streams, including overnight fees and dealing spreads. Due to its regulatory compliance and best practice implementation, AxiTrader stays compliant across multiple authorities.
Great review; and especially the breakdown of services and functions available. AxiTrader looks like a great Forex Forex brokers broker for anybody outside the U.S. Otherwise, the above review points to AxiTrader as a top-notch broker.
Over 60,000 former Axitrader clients with live accounts from over 100 countries have continued to trust Axi with their online trading operations. Axi does lack a few CFD trading services such as stockbroking and Shares CFD services. This means that you will need to find a share trader provider in addition to Axi as your CFDs provider. Those looking for an all-in-one trading https://forexreviewdaily.com/axitrader/ experience may want to consider some of the larger brokers such as CMC or IG. This means that in addition to classic currency pairs such as AUD / USD, GBP / USD and EUR / USD, there are also minor and exotic pairings. Minor, exotic and cross pairs can have more movements due to thin liquidity which can present significant profit opportunities albeit with a more high risk.
The trading conditions at AxiTrader
For this reason, the data is also transmitted using secure SSL encryption, so that no one can hack into the system from outside. Virtual Hosting is particularly useful for those who use automated trading strategies . Ultra-competitive pricing and fairer charges, so more of your money is invested in the markets. There is a wide-ranging education section which caters for the needs of new and old traders alike. They have free eBooks and video courses that you can take to upskill and there is an in-depth tutorial to show you how the MetaTrader software works. There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps. When downloaded, the platform will require you to access a certain AxiTrader server.