Axi Review Formerly AxiTrader year : Is It a Good Broker?

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Many retail accounts lose money when trading in the financial markets. After opening an account, you can access the account through the AxiTrader login! If you have any issues when trying to open an account, you can get in touch with customer service through phone support, email address, or live chat.

Axi User Experience

It also brings down the high risk of losing money in the initial trades by simulating the outcomes of those forex trades. The global financial authority in Dubai Financial Services Authority also governs the workings of AxiTrader. Being a heavily-regulated broker, AxiTrader is widely considered safe. In 2020, the broker is compliant with several top-tier authorities.

axi trader reviews

A relatively high level of leverage, alongside competitive commission, ensures Axi is a good value site to trade with. Axi has been around for more than a decade, so already enjoys a good reputation within the industry. Axi has a mobile app for both Apple and Android devices. The app can be downloaded from the site and enables traders to operate in the same manner as they would on the larger screen.

Looking for commission and fees data for Axi?

Islamic trading accounts featuring no swap fees or interest payments. If you open a standard account with Axi, there is no commission for trading. That said, spreads available for standard account holders only start at 1.0 pips. In comparison, the pro account charges a $7 round trip commission but spreads start from 0.0 pips. AxiTrader understands that forex and other trading CFDs are very complex financial assets.

Is AXI a trusted broker?

Axi is a legit broker that is regulated by the financial authorities of Australia and the UK, among others. European clients are eligible for investor protection and negative balance protection. You can't open an account at Axi if you live in United States.

This helps users get exclusive educational articles on the market. The AxiTrader website also runs video tutorials and offers eBooks to increase the understanding of trading among users. Several AxiTrader reviews reveal that the broker does ample market research to provide its users the best-in-class information.

Axi Reviews

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. While the asset selection is limited, I think Axi is an excellent choice for pure Forex traders with 75 currency pairs. Expert advisors of the trading platform recommend all their customers to research and analyze the financial market before investing any amount of money. It is further recommended to use a demo account for trading before starting a live trading session. Yet further, it is also recommended to use the amount which a trader can afford to lose.

Our accounts were approved within minutes, which is exceptionally fast for the industry. The market scanner provides statistically significant market movements and identifies important price levels that are catalysts for market movements. Although Axi only supports the MetaTrader 4 platform, it is truly customisable, with a range of tools and plugins that can be added to the platform to make it more powerful. At Axi, there are more pairs to trade than most other Forex brokers.

A VPS hosting service uses a virtual private server that mimics a dedicated server’s behavior and the environment in a shared environment. Using the VPS, brokers can provide clients with direct ISP connection to physical hardware. The New Terminal Window shows you the alerts, gives group function templates and manages the OCO to make sure that forex trading in international markets is easier. AxiTrader excels in this field as they provide you with a host of tools that you can use to make the most out of the MT4 platform. Here are some of the features included in the MT4 platform that you can use to make your trades better.

axi trader reviews

AxiTrader – one of the best forex brokers, is offering its service for more than 70 currency pairs. This gives the broker ample coverage in the forex trading market. There are plenty of exotic and minor currencies available for trading on the platform as well. Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.

AxiTrader Review – Research

Our Settlement team is currently working on it and will reach out to you again to provide you with an update. A member of our settlement team has sent you proof of payment that you can use to check with your bank. If your bank still cannot trace the funds, then we can ask the Settlements Team to recall the funds. I require that the amount be deposited in full, in this case, that the US$50.00 that this broker tries to earn illicitly be deposited. That is, the scammers of this brokerage try all ways to earn money illicitly. Your Axi Account Withdrawal Request has been processed and has been sent to your financial institution.

Since its inception in 2007, AxiTrader has been the recipient of a number of awards including “Best MT4 Broker”, “Most Reliable Forex Broker” and “Most Trusted Forex Broker”. If you would like to start trading and earn money, AxiTrader can be very useful. The leverage depends on the user’s geographical region as well as on the AxiTrader branch that will regulate the user’s registered account.

AxiTrader also allows B2B fund transfers from two separate companies, so a trader can easily transfer his/her trading account from another brokerage firm to AxiTrader. A client of AxiTrader can enjoy the possibility of having financial account base currency in GBP, CHF, USD, EUR, or PLN as well as deposit funds in these major currencies also. Besides, the online trading platform has no mandatory minimum deposit requirements, and traders are free to deposit any amount. AxiTrader has no charges for a bank transfer, no inactivity fee, trading fees, or withdrawal fees. FXTM is a dynamic, award-winning forex broker that offers exceptional online trading services and products to institutional and retail clientele from around the world.

  • The brand has won awards for its trustworthiness, including the winner of the 2017 “Most Reliable Forex Broker”.
  • Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.
  • Financing costs on swap rates or overnight positions, however, apply.

Not available anywhere else, MT4 NexGen is an invention of AxiTrader that will forever change your trading experience. What I will offer you is a full-fledged review of this broker. I will share with you my diligent four-step investigation and testing, which spanned several months.

This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site.

I know about the reliabilities of they are trust worthy and providing great services of brokerage. If yes, kindly send the account number with the inactivity fee to , and our Client Services Team will check it for you. We received quick and mostly relevant answers to our questions. This is a great addition compared to similar CFD brokers.

Contact Details / Customer Support

Support said they will look into it… Still waiting 24 hours later. God knows for how long this issue persists… They are either amateurs or frauds. I just hope i will be able to get my money and GTF out of there as soon as possible. Hi Marcel, thank you for taking the time to leave us a review.

What is the minimum deposit for AxiTrader?

To give you a brief summary: Axi (previously known as AxiTrader) is an Australian forex broker, regulated by top-tier authorities such as the UK's FCA and Australia's ASIC. THE ESSENCE: The minimum deposit at Axi is $0.

Besides competitive trading costs, Axi offers traders the third-party trading analysis platform PsyQuation. It can help traders improve their performance, which I find an excellent tool. Axi also uses the PsyQuation score for its AxiSelect program, which funds talented traders with capital, a rare and unique feature.

Both entities are different and fall under distinct jurisdictions. Hence, AxiCorp LTD, which runs AxiTrader, has not suffered any license suspension. It remains fully compliant with all the designated regulators.

Catering to traders from the EU to Australia, Singapore, and Indonesia, the client portal opens up a range of global opportunities via the AxiTrader group. They offer exceptional online trading services to retail and institutional clients from all over the world. Clients have access to segregated accounts at top-tier financial institutions, secure deposits and withdrawals as well as competitive leverage.

Even better, AxiTrader offers traders the Multi-Account Manager for MT4. It has all the great features that make it easy for any trader to take advantage of the provisions offered by the Pro Account. We tested Axi’s MT4 app on an i-phone 11 and found that it synced well with the desktop and web trader versions.

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