axi trader review
axi trader review

To inspire potential trade ideas, this section is regularly updated with technical and fundamental chart analysis. Axi offers free training for traders of all levels, covering basic, intermediate, and advanced topics. EBooks, webinars, video tutorials, and a glossary are all available in the center. This means you can be confident you’re getting the information you need from industry experts.

axi trader review

We tested Axi’s MT4 app on an i-phone 11 and found that it synced well with the desktop and web trader versions. It allows traders to monitor and modify their trades, manage their accounts, add stops to positions, and delete orders. Traders can also follow the latest research and trends on real-time charts.

Is AxiTrader regulated?

In terms of offered assets, they can be considered to be an average online broker allowing clients to trade 100+ assets in markets like forex, stocks, commodities, indices, and crypto. AxiTrader is a recognised and respected online FX and CFD broker offering high quality trading service and technology to retail and institutional traders worldwide. AxiTrader launched in Sydney, Australia in 2007 as the flagship brand within the AxiCorp group of companies.

We will look at the leverage, commission, and spreads that you will find when trading with AxiTrader. This is one of the world’s most advanced data analytics platforms for retail traders. It makes use of some of the most sophisticated algorithms which will analyse your own personal trading style to give you hints and tips about how to improve it.

AxiTrader Cons

I demand to provide me with confirmation of sending money , they refuse to do this. MT4 is the only trading platform offered by this site, so users can’t try out alternative platforms that may be more suitable for them. Traders can complete trades quickly and easily thanks to the platform’s ease of navigation. In addition, even new traders have access to comprehensive educational material. Axi earns money from spreads and fees in its Standard and Pro Accounts. In the case of a Pro account, there is a fee of $3.5 per traded lot and a much lower spread rate.

On the other hand, the Autochartist has been specifically designed for the active traders. We found that the tool not only scans the trading market but also recognizes trading positions automatically, allowing traders to place quick and profitable trades on a regular basis. We even received alerts after enabling the feature in our demo account. You can choose from the standard or pro accounts that are flexible depending on your individual needs. I appreciate that all of the accounts feature simple and secure funding, advanced trading platforms and powerful tools for finding trading signals.

Axi’s Trading Assets

They run backtesting on features and user capabilities and support thousands of registered third-party plugins. AxiTrader does not promote any specific platform higher than the other, which makes it quite unbiased. AxiTrader’s pure Forex accounts have the privileges to select assets and indices with proper diversification. Moreover, AxiTrader helps new retail traders start their first trading account before becoming advanced traders and running into the platform’s limits sooner or later.

There is a 3% fee for card payments and other payment methods where deposits exceed a monthly limit of $50,000.Withdrawals are free if they are above $50 or for the full balance of your account. Axi has low fees for trading index CFDs, while stock CFD fees are average. It goes against our guidelines to offer incentives for reviews.

Who is the owner of AxiTrader?

AxiTrader is 100% owned by AxiCorp Financial Services Pty Ltd, a company incorporated in Australia (ACN 127 606 348).

The company is a member of theFinancial Services Compensation Scheme . Trade more than 6,000 markets without commissions and professional platforms. Official website of AxiTraderTrade more than 6,000 markets without commissions and professional platforms.

Very disappointed with the customer…

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. AxiTrader lets the traders keep their trading costs relatively low compared to other top forex brokers in the market. This way, if new trader accounts lose money, their loss is insignificant and can be recouped easily. 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.

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70% of private investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you understand how the CFD works and if you can afford to take the high risk of losing your money. AxiTrader offers direct access into financial markets with the ability to trade over 80 currencies with ultra-competitive spreads, fast execution and high liquidity on the Metatrader platform. With a minimum deposit of 500 AUD you will get access to PsyQuation Premium.

While it is great that you have so many options for trading with the MT4, we would suggest that you err towards the computer client. This is because it is easier to complete your charting on this and there is also much less latency than there is on a web version. The MT4 platform is available to either be traded through your web browser or on the computer client.

All withdrawal requests from Axi are processed within 1 to 2 business days. Consideration has to be accounted for in terms of bank process times and other payment method processing times. To summarize, Axi has been a reputable broker in the trading industry for almost twenty years and offers a wide range of forex pairs to trade and a limited amount of other assets.

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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. You even get a dedicated account manager that is available to assist you in reaching your financial goals. And it seems a lot of people reviewing the axitrader such a scam. The way you choose this broker make me wonder about your credibility. Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers.

Remember, as a trader, you may want to keep a track of the latest market developments and updates. However, with AxiTrader you won’t have that sort of advantage axi review and you might want to check out other forex brokers in the industry. Online trading has gained a great deal of prominence in the last couple of years.

axi trader review

Client funds are held in secure and segregated trust accounts with top-tier banks including NAB and Lloyds. This means that client funds cannot be used for any other purpose by the company such as operating costs are hedging. Any information or advice contained on this website is general in nature only and does not constitute personal or investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. You should seek independent financial advice prior to acquiring a financial product. All securities and financial products or instruments transactions involve risks.

Is Axi Trader legit?

To begin with, AxiTrader is not a scam. It is a financial service provided globally and is legit for users in the countries regulated under its authorities. AxiTrader and AxiCorp Financial Services Pty LTD are two different entities.

In fact, the broker may take as many as five days to process a withdrawal and also charges commissions to the tune of dollars from traders with international banking accounts. Below, learn more about their deposit and withdrawal methods and procedures. AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities.

How long does axi withdrawal take?

All requests will be processed within 1-2 business days upon receipt.

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