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After you download the MT4 mobile trading platform, you have to access the Axi-Live server. Axi has a great mobile trading platform, offered by MetaTrader 4. It is well-designed and user-friendly, with a good search function. 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.
In order for us to investigate this matter, please email us your full name, account number, and the details of your concern to or provide it on the Trustpilot request we sent. Or at least inform the client about the dates and the products of the rollover when you see that traders use them. 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.
- The MT4 mobile platform allows you to seamlessly connect your mobile device to the trading platform.
- With a minimum deposit of 500 AUD you will get access to PsyQuation Premium.
- Overall, AxiTrader Platforms are ranked 7.9 out of 10 compared to over 500 other brokers.
- Today the Australian forex and contract for differences broker services over 60,000 clients in 100 countries across the globe.
- Very disappointed with the customer service provided by this company.
Trades from signal providers are placed automatically within your account and can be stopped at any time. You can follow multiple signal providers and do not need to be at your terminal when trades are placed. Risk parameters are flexible and can be set according to your own preferences. You will find a good choice of trading tools that can be used for assisting with your trading.
The major difference is that you can set alerts and notificationsin the form of mobile push and email notifications on the desktop trading platform. To set alerts, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app’s settings), by going to the ‘Tools’ menu and then ‘Options’. You can’t set alerts and notificationson the Axi web trading platform. This feature is available only on the mobile anddesktop trading platform.
Axi Broker accepts clients from all over the world, with the exception of the USA, Israel, Iran and some countries where restrictions apply. Low spreadsThe lowest spreads on a wide range of Currency Pairs, Metals & Indices. At the time of writing, the free webinars and seminars were only available on particular pages, although accessibility is expected to increase. The education videos available on the Axi website are of great quality and extremely useful. By covering a wide range of topics, such as ‘FOREX Trading’ and ‘Trading Psychology’, Axi ensures there is a broad base of content for users to view or download. Account Benchmark – Use a variety of data to score your account.
Can traders from the United States open an Axi trading account?
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. The broker also offers video tutorials on MT4 trading as well, and multiple articles and eBooks regarding Crypto trading and both forex and stock markets to keep clients up to date.
A truly comprehensive range of tools, at AxiTrader’s mainstay MetaTrader 4 brings a very competitive technical solution to trade through market-making execution. AxiTrader has no minimum deposit requirements, you are free to deposit any amount for its standard and PRO accounts. Overall, we found that AxiTrader fees are relatively low or no fees at all. Overall, the broker covers the most demanding markets to trade, also UK residents can benefit from the Spread Bet option. In this case, the client’s funds are safely kept in segregated accounts with top-tier banks and secured by compensation schemes.
Is Axi regulated?
Once verified, you will then be able to fund your account and start trading. Customer support is on hand to assist you during the process if required. I didn’t have any problems during signup and completed it within minutes. You can trade cryptocurrency CFDs online with Axi, provided that it is allowed in your country of residence. Traders can get the advantages of Bitcoin’s high volatility without the need for a digital wallet, no requirement to purchase physical Bitcoins and without the risk of digital currency theft.
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. 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.
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.
This means it offers products from MetaQuotes Software Corporation, developers of the popular Meta Trader platforms. The Axi affiliate program gives traders the opportunity to refer their customers to Axi in exchange for a commission. Traders can earn up to $1000 USD CPA per qualified client, plus a 10% commission on Sub-Affiliate earnings if they become a Master Affiliate. As a brand, AxiTrader generates high volumes of cash through its operations and transactions.
AxiTrader Review – Pros & Cons
You shouldn’t have any problems opening charts, loading indicators, setting alerts, entering and managing positions. 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. AXI is a multi-featured and very competitive ECN Forex broker covering the needs of advanced and professional traders and especially as concerns intraday and automated traders.
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Also, it has an economic calendar that alerts you to huge events that enable you to stay on top of the market action. You can get better analysis and reporting by the use of an automated trade journal that automatically records your trading activity. This platform allows you to enter and exit trades faster and apply complex order types with speed. It has as well as a session map that shows the world’s market opening and closing times. With its secure and reliable trading platform, traders can access the markets with confidence and make informed decisions. Trading education may not play a direct or significant role in a trader’s performance but it definitely helps him/her in understanding the basics of online trading.
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Yield Curve Analysis – Assess the spreads and yield curve of various countries over a specific amount of time. Axi was launched in 2007 as AxiTrader, before being rebranded to Axi in 2020. Having been in operation for well over a decade, users can feel comfortable that Axi has a largely positive history. Having already survived financial crises, Axi is well-placed to navigate potential future economic upheaval.
It is important to note that high leverage has an inverse effect as well, where it could work in reverse of the trade. Please note that an AxiTrader user may lose money when trading a Swap Fee. This adjustment reflects the comparative difference between yield or interest rates on the underlying financial instruments. The broker has market-competitive spreads across a wide range of commodities, currencies, and indices. During liquidity, the spreads fall lowest to 0.0 pips, and AxiTrader adheres to ensure that the costs stay competitive.
It is only a matter of the payment processor that you wish to use that determines the minimum payment amount. When deciding what broker to use, you would do well to start with a demo account. This way, you can learn about the broker and trade with virtual funds without any obligation or risk.
When it comes to depositing money with AxiTrader, traders have the option of depositing money in different forex currencies including JPY, USD, EUR, AUD etc. In fact, AxiTrader also offer broker to broker fund transfer from a selected few companies. Apart from this, the broker also offers the Multi Account Manager and Autochartist tools to traders across the globe.
The withdrawal method must be the same as your deposit method, except for deposit via bank card to withdraw to your bank account. You can use either bank card, bank transfer or e-wallets for deposits, https://forexarena.net/ but there are some withdrawal limitations for bank cards. Elite account – $3.50 round trip commission, generally lower spreads. At the time of inception of my trading – Axi was not well known to me .
It is a social trading platform, allows users to copy the trading strategies of experienced traders automatically and in real-time. The platform provides detailed insights into the performance of each trader, allowing users to select the traders whose strategies they want to copy. AxiTrader MT4 Platform is available on desktop , mac, and mobile.The platform offers 61 currency pairs, automated trading , free setup, and download. It has full market coverage which allows you to access the full range of trading options, from Forex and Commodities to CFDs and Indices. The platform is customizable and you can manage your trading dashboard with its flexible charts and tools.MT4 is known to be the world’s number one trading platform for Forex trading. AxiTrader has offices in London, Sydney, China and Dubai and thus traders can get in touch with their customer support desk twenty four hours in a day.
Is Axi Trader regulated?
Yes. Axi is authorised and regulated by the Australian Securities & Investments Commission (ASIC), AFSL number 318232. Axi UK is a trading name of AxiCorp Limited which is registered in England and Wales under registered number 06378544.
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. MT4 has a user friendly interface with a range of benefits and features including technical indicators for analysing charts, automated trading, one click trading, flexible charts & tools. An advantage of the Axi MT4 is that they have invested in co-located servers and fibre optics for faster trading. Axi cater for all levels of traders with their leading trading technology being advanced enough for the more experienced traders whilst being simple enough to use for the less experienced. The powerful and reliable trading platforms are available in numerous languages.
Is Axi a legit broker?
Axi is a trusted brokerage firm that offers its services to over 60'000 traders across 100+ countries worldwide.
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.
There is also the Standard Account that offers spreads as low as 1.1 pip on EURUSD without trading commissions. Spreads and commissions vary depending on what kinds of axi forex broker trading accounts you are holding. The minimum spreads in the Standard account start from 0.4 pips, and 0 pips in the Pro account, with a commission of $7 per lot.
How do I withdraw money from Axi?
At Axi, you have multiple options to choose from when you would like to withdraw money. These options are the following: Bank transfer, Credit/debit cards, Neteller, Skrill, Sofort, GiroPay, iDeal, Polish Internet Banking, Global Collect, China Unioin Pay.