Individual users receive Negative Balance Protection, which guarantees they will not lose more than what they’ve invested with AxiTrader. To minimize confusion, customers have a single brokerage account with AxiTrader but can have many subsidiary profiles in the shape of trading software logins. AxiTrader offers free eBooksAxi’s customer support and service are good and award-winning.
The broker rating displayed is only one factor to take into account when considering these products. Engine Forex may receive a commission, referral fee or payment from a provider when you click on a link to their brokerage firm. Products included on this site may not suit your personal objectives, financial situation or needs. Please consider whether it is appropriate for your circumstances, before making a decision to purchase or apply for any product. If you are considering acquiring any financial product you should obtain and read the relevant Product Disclosure Statement or other offer document prior to making an investment decision. MT4 Standard Account offers 80 currency pairs, no commission, no minimum deposit, free setup, and download.
- All information on 55brokers.com is only published for general information purposes.
- As for education, we found that AxiTrader offers a good choice of educational materials including a huge choice of more than 60 video tutorials.
- Traders can also change the leverage level of their accounts after registration.
- Here is what Raul, a trader from the United States, thinks about AxiTrader.
- Axiwas founded in the year 2007 and was rebranded from AxiTrader to Axi in 2020,with a goal to be theonline brokerthat traders would like to trade with.
AxiTrader Sample Continuation PatternsOn the other hand, reversal patterns are signal trends when the direction changes. These signals can be used to trigger new trades, because the reversal may cause a new trend to start. With that said, this can be used as a technical pattern that can serve as an advanced warning to identify potential changes in the market direction.
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Changing the leverage is a very useful feature when you want to lower the risk of your trade. We think this is something you should be in control of.Be careful with forex and CFD trading, as the preset leverage levels may be too high. The major difference is that you can set alerts and notificationsin the form of mobile push and email notifications on the desktop trading platform.
Yes, Axitrader does have an affiliate program, so grab the opportunity to become an Axi affiliate and earn income. Upload digital copies of identity and residency proofs, which could be either a driver’s license or a passport for proof of identity, and a recent utility bill or a bank statement for proof of residency. Protection matters for you because the investor protection amount and the regulator differ from entity to entity. An economic calendar is also provided with multiple filters, such as ‘Country’ or event ‘Category’. The stock index, commodity, crypto and stock CFD selection is average, although it is constantly expanding. Meanwhile, other products, such as stocks, ETFs and bond CFDs are not available.
The short answer is Yes, Axi’s Pro account offers ECN-style tight spreads. You can access 140+ currency pairs for forex markets, a $0 minimum deposit, and fast execution with award-winning customer support all from one location through MT4. Users with this type of account will have access to 80 currency pairs, no commission trading, as well as no minimum deposit requirements . ICM offers the choice between two different account options and three different trading platforms. Their Raw Spreads Account shows the real inter-bank spread received from ICM’s liquidity providers. This account type comes with a commission charge of $7 per standard lot round turn.
If you currently reside in Australia and you are thinking about signing up to AxiTrader then you’ll definitely want to check out our AxiTrader to find out if you can. Your forex trades will almost always be traded on margin though, this is due to the stability of a currency. All in all, our AxiTrader rating is high as a result of the quality customer support we received. You can see just how highly we rate them with our AxiTrader ranking.
Yes Axi does not have its own self-developed trading platform, it usesMetaTrader 4,a third-party platform. There were times in our experience when accessing certain menus took ages, with the whole page frozen while loading. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your https://forexbroker-listing.com/ trading account base currency, you don’t have to pay a conversion fee. “Inactive” means that you had no open trades for a period of at least 12 months. We compare Axi’s fees with those of two similar brokers we selected, TMGM and Eightcap. This selection is based on objective factors such as products offered, client profile, fee structure, etc.
Traders can trade via the broker’s website, as well as via the mobile and desktop MT4 applications available via Axitrader download. They seem to offer a beginner friendly trading package with personalised customer service all with the security of a well-regulated axitrader review international brand. Moreover, they have a host of other features which will satisfy the professional traders among you. Most popular trading styles such as hedging, scalping or using EAs are allowed with all IC Markets trading accounts.
Unique Features
In order to have better trading results, you need to keep on track of the markets as well as your position. The mobile trading platform of AxiTrader lets you enjoy trading wherever you want, whenever you want. You can simply download it from GooglePlay or AppStore and start trading. AxiTrader Regulation, Financial Security, and Customer SupportTrade more than 3,700 markets without commissions and professional platforms.
Check out ourFusion Markets reviewto see how we rated their customer service. You can contact the support team at AxiTrader Australia via the live chat feature, their telephone number or simply by sending them an email. We found the live chat feature to be the best route for having your problems or questions resolved quickly as the team at AxiTrader Australia responded very quickly. You’ll be able to contact the support team at any time during the day as they are open 24-hours a day.
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The broker is regulated by the top-tier UK FCA and the ASIC, which have stringent rules and enforcement mechanisms. Finally, we withdrew our funds to determine if the withdrawal process was smooth. We use dedicated people and clever technology to safeguard our platform. However, the document provided is not sufficient for the verification of your account and it has been Rejected.
This insurance coverage comes at no additional cost and automatically applies to all retail accounts with balances above US$20,000. Axi has a great mobile trading platform, we really liked its design and user-friendliness. After you download the MT4 mobile trading platform, you have to access the Axi-Live server. It is well-designed and user-friendly, with a good search function.
We reached out via the live chat function and the second agency gave us the correct reason why our Neteller withdrawals were cancelled. They recommended we do a bank transfer, which we did and were successful. You can run most types of trading strategies as the broker allows high-risk strategies such as hedging and scalping. The broker’s average spreads for the popular instruments in each market was below industry averages.
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The trading fees for forex and CFD crypto trading are generally quite low but you can see this for yourself by checking out the live forex spreads page at AxiTrader. Also, Axi offers training and free educational materials every trader needs.The company has online education programs, tutorial videos, and free webinars. It has also blogs written by experienced traders that will surely inspire you while trading with this broker. We can say that these are very helpful materials for aspiring traders as well as professionals.
The Mac version of the platform is essentially the same as the PC-based one. In addition to that, Android and iOS mobile versions are available too. The US is also among the countries from which AxiTrader does not accept traders. European clients of the brokerage are mainly interested in the UK side of the operation. All information on 55brokers.com is only published for general information purposes.
Its spreads start from 0.1 pips, which is a marked improvement from the Standard Account. Licensed in the UK, the brokerage peddles an outstanding selection of complementary services, such as no fewer than three VPS solutions, a trading academy, Autochartist and PsyQuotation. Our experts have assessed this broker and were unable to confirm if Axitrader is safe. All withdrawals will be processed within 1-2 business days upon receipt.
Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. It offers in-depth articles on various trading topics to help and support traders improve their trading results. Another advantage is that the broker groups the education material according to certain topics, to help both beginner and professional traders find the information they need easier. As for education, we found that AxiTrader offers a good choice of educational materials including a huge choice of more than 60 video tutorials.