The platform is friendly and efficient by auto generating and emailing log in details. Richard Gibson and Milan have been very patient with me and my team and have assisted in ever technical or financial issue we have had. I would recommend AXI trading and affiliation services to anyone. Axi Forex also offers a range of trading signals and automated trading options. Trading signals are generated by professional traders or algorithms and provide traders with entry and exit points for specific currency pairs. These signals can be particularly useful for traders who are new to the forex market or those who prefer a more hands-off approach to trading.
Traders are not machines and part of the investing process is handling risk & developing strong trading psychology. Learn everything you need to know about the best trading strategies and techniques and how you can implement them in your trading strategy. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Axi Broker Review
On top of that, customer support is only available 24/5, so some clients might not be able to get their problems resolved over weekends. If customer support was available 24/7 as it is at Plus500, that would be great. The Axi website and trading resources are easy to navigate and function well. The educational resources and the practice and copy trade functions mean to give the user plenty of options for learning to trade. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice.
- When your trading account is verified, you are welcome to fund your trading account using any of the payment methods available on the broker’s website.
- There is even the option of a free demo account to give them a try without making a financial commitment.
- To open a forex trading account with FOREX.com, you’ll need to make an initial minimum deposit of $100.
- From my research, clients have mixed experiences with Axi customer support.
The FCA and ASIC are top-tier regulatory authorities that provide traders with the assurance that a company is fully transparent and ethical in its business dealings. Tier 1 regulation also mandates that all client funds are kept fully segregated from the broker’s corporate accounts in client trust accounts at top-rated banks. This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. Axi requires a minimum deposit of $0 for all live account types, and it will not charge any fees on deposits. However, as with many brokers, you should be aware that there may be charges from the payment providers, which are beyond Axi’s control.
Exploring the Latest Trading Tools and Features of Axi Forex
Axi is also one of the few brokers to offer funded trading accounts. Axi Select has six stages with funding available to traders that can demonstrate they can achieve consistent returns while managing risk. 150+ assets are available, along with live pricing and real-time charting. Clients can also keep abreast of the latest trends using the automated news feature. In addition, custom indicators can be added and the MQL4 programming language ensures that traders can develop and test automated investing strategies. The Myfxbook third-party application also integrates with MT4 to offer clients automated trading capabilities.
How Many Accounts Dose Axi Have?
In 2020 alone (FY20), the broker recorded over $2.5 trillion worth of trades. This is the most widely used version of MT4, with millions of traders across the world using it to trade the financial markets. Axi’s entire range of trading instruments is available via the high-performance MT4 interface. Axi MT4 has the benefit of having invested in co-located servers and fibre optics for speedier trading.
The broker offers a quick fully digital account opening process that should only take a few minutes to complete. There is even the option of a free demo account to give them a try without making a financial commitment. Australian forex traders have different requirements from forex brokers ranging from leverage, fees to features. This Axi review was based on our trading platform comparison, focusing on broker features as a focal point. If you have a different priority, then visit our homepage and view our other forex broker comparison charts.
Also, we found that Axi has a bit limited diversity of asset classes, as it does not offer CFDs on bonds, futures, options, or interest rates. Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Not every broker publishes average spread data, and pricing structures vary.
Use one of our fast, flexible, and secure payment methods to deposit funds into your trading account. Our trading courses are developed by traders, for traders, and they cover everything from proven strategies to the latest trends. One of the key features of MT4 is its axi review advanced charting capabilities. Traders can access a wide range of technical indicators and drawing tools to analyze price movements and identify trading opportunities. Whether you prefer moving averages, Bollinger Bands, or Fibonacci retracements, MT4 has you covered.
I just opened a new account
Elite accounts can also only be opened in EUR, USD, GBP and AUD. Axi has a regularly updated blog, which details industry announcements and views as well as insights into economic news across the globe. There is also the opportunity to receive market and technical analysis from experts. In addition, guides and infographics provide added data for traders. Generally, the spreads offered by Axi are in line with other sites. For example, the average spread for EUR/USD with a standard account is 1.3 (0.2 with a pro account).
Powerful platforms. You at the Controls.
Those looking for an all-in-one trading experience may want to consider some of the larger brokers such as CMC or IG. Our Axi review found that the company offers ECN broker spreads. This means that they don’t use a dealing desk but instead connect their clients with an ECN network so you can trade directly with global liquidity pools. These liquidity pools consist of 14 of the world’s leading banks. After partnering with Pelican Trading, Axi has launched a user-friendly copy trading service that provides access to more than 30 products across popular financial markets. Axi offers a great selection of 70+ major, minor and exotic currency pairs.
Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. The broker has an education center with different free training materials for traders at all levels.
