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This platform is more developed, with more features to enjoy for professional traders. With this platform, you can gain insights into live market trends by viewing how others are trading using its sentiment indicator. With its advanced trading platform, you can access real-time market data and insights, as well as copy other traders’ trades with ease. Traders must also find out whether the broker has adequate partnership with leading banking institutions around the world or not.

• BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions.
• Axi is regulated by multiple authorities globally, including the UK’s FCA and ASIC in Australia.
• Nial Fuller is a professional trader, author & coach who is considered ‘The Authority’ on Price Action Trading.
• The regular analysis includes a weekly market preview, charts of the day, charts of the week, and a daily briefing on the market open.

Axi offer weekly free webinars which cover a range of topics ranging market analysis, trade management, trading psychology and much more. Whether you’re just getting started on your trading journey or are already an experienced trader, there’s always something new to discover about the markets. I think it is great that they enable you to learn as much as possible. This shows me that they are a broker who wants to encourage informed trading decisions. The free educational course covers many aspects of trading from how to place trades, risk management, chart analysis, news trading and more. They can help you to arm yourself with essential skills and strategies to trade the financial markets.

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We may receive compensation when you click on links to products we review. In summary, the Axi broker offers competitive prices and award-winning 24/5 multilingual customer service- one of the best in the market. Additionally, there is no inactivity fee at all, and you are not charged for deposits or withdrawals for the time being. Due to commissions and spreads that the broker charges, only floating spreads can be offered. With the Axi standard account, for example, this starts from 0.4 pips, and these prices drop again to start from 0 pips on a pro account with a reasonable $7 a side per lot traded.

Trading on AxiTrader Standard account, you only need to pay for the spread, which is the difference between the buy and sell price. Please be assured that we are doing our best to resolve this issue. 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.

Is Axi Regulated?

The best part about this broker is that you can CHANGE LEVERAGE when you want to. This useful feature allows you to have a firm handle on how much you want to risk and how much you stand to lose. At the moment, over 100 countries are eligible to trade with AxiTrader.

Axitrader is not a fraud but has been recognized repeatedly for its dependability, offering low-risk Forex trading. AxiTrader is authorized and supervised by the 2 key regulatory bodies, the Financial Conduct Authority and the ASIC. As its trading platform, Axi decided to focus on the popular MT4 terminal. This is the most popular platform for retail Forex trading, and it also allows you to install custom indicators and Expert Advisors. Despite these drawbacks, Axi could certainly be a great choice for many traders. With a free Demo account, you can try Axi without incurring any charges and find out whether it’s the right broker for you.

Axi’s Trading Assets

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. An Australian FCA-regulated broker, Axi is well-known for being reliable and trustworthy. Standard or Pro accounts can be selected based on their respective characteristics to determine the best fit for your needs.

You can get it for free when you open a live account and deposit a minimum of at least $1,000. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. 70% of retail investor accounts lose money when trading CFDs with this provider.

How was the rating of Axi performed compared to other brokers?

However, their license was suspended over some issues, and the broker appealed. AxiTrader has a solid reputation, even though there are some issues with the license in Australia and the subsidiary regulated in St. Vincent and the Grenadines. AxiCorp Financial Services is the parent company and owner of all subsidiaries operating under the AxiTrader name. Overall, Axi can be summarised as a trustworthy broker that is regulated by two tier-1 regulators and one tier-2 regulator . The applicant will be required to complete a simple application form and confirm their identification.

AxiTrader offers traders the ability to trade indices, commodities, Forex, cryptocurrencies, and some CFDs with competitive spreads.The brand was built by traders for traders. Due to this, the company understands any type of trader and strives to deliver the best service, support, and as well as materials that they can. The firm does not require a minimum deposit and any trader can start with any amount desired.

The Trustpilot Experience

By reducing the latency, AxiTrader allows you to make the best of your time and money, so you always have the edge. There’s a Correlation Trader, which reduces your errors in money management and helps you find new opportunities to trade by finding out where there are correlations in the markets. There is Forex News to make sure that traders know what is happening in the market as it happens and predicts how the market may respond, to be in the best position. Because of the rigorous AxiTrader regulation and compliance process, it might take a few days to determine whether you passed or not. Before you start opening an account with this broker, you need to make sure that you know enough about the markets and how they work.

If you are beginner then you will be happy with the plethora of educational content available at no extra cost. You can also practice trading online with a free demo account or in a live environment with a minimum deposit of just $1. All of this is topped with award-winning around the clock support.

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. AxiTrader has no minimum deposit requirements, & every user is free to deposit any amount in the account. An online trading course by AxiTrader is available for new traders, giving them access to all the tools that train them in becoming a better trader.

We reviewed the broker’s performance in six different categories and discovered that the broker fairs quite well in each of them. For further details and information, go through our review below. A minimum deposit amount is not required to open a trading account with Axi. For depositing and withdrawing funds, bank transfer, payment cards, as well as e-wallet services such as Skrill and Neteller are used.

It has all the great features that make it easy for any trader to take advantage of the provisions offered by the Pro Account. Many of the regulations imposed by the regulatory agencies overseeing AxiTrader, have everything to do with client protection, among other reasons. One of the new introductions in the rules involves restricting brokers from offering bonuses to clients. The AxiTrader subsidiary that is regulated and authorized in St. Vincent and the Grenadines is the one that is supposed to be for international clients.

Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies https://forexarena.net/ / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.

There is a delivery of market reports, done three times every day. They also allow you to do a volatility analysis that employs performance statistics. With these, you get a clear picture of the market and what you can expect to get if you start trading. Having an Automated Trade Journal will allow you to axi forex broker record your track record automatically. You can use this information to improve your analysis and trading activities in the markets. MT4 is only a great software when it has access to all the great plugins, extensions, and other third-party tools that open up a new world of possibilities for traders.