The intuitive interface allows users to make informed decisions based on real-time data. During liquid times the spreads may go as low as 0.0 pips, and the broker truly adheres to ensure costs at the most competitive available. Overall, the broker covers the most demanding markets to trade, also UK residents can benefit from the Spread Bet option.
What is the Minimum Deposit at Axi?
Well, if you are looking for a well run and fully regulated broker with strong customer support and a reasonable product offering then it could the broker for you. Duplitrade allows you to automatically duplicate the actions of other expert traders on the platform directly in your trading account. These traders will be chosen by Duplitrade based on their database of successful traders.
Axi Trading Fees
For this AxiTrader review, we opened a live account and deposited over €6,000. As someone deeply involved in prop trading, Axi Select has been a game-changer. The platform’s seamless execution and diverse array of trading strategies have elevated my performance to new heights. AxiTrader account can be funded by several options including Moneybookers/Skrill, Neteller, Wire Transfer, Credit Card, and BPAY. Also, there are selected companies with whom the company allows broker-to-broker transfers, so you can either transfer your account from another brokerage to AxiTrader. AxiCorp Financial Services Pty Ltd, also known by its trading name AxiTrader, is a Forex and CFDs broker based in Australia and founded in 2007.
- Education at AxiTrader has three sections—online training, basics, and trading resources.
- For this AxiTrader review, we opened a live account and deposited over €6,000.
- 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.
- While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest.
- Which includes all the features of a standard account, such as the use of EAs.
AxiTrader Research and Education Tools
Capital.com is a trusted Forex and CFD trader platform and was founded in 2016. The platform has more than 280,000 users from around the world thanks to its excellent reputation and beginner-friendly platform. Multiple authorities regulate the broker and, overall, a perfect choice, no matter if you are experienced with trading or just starting out.
MT 4 Elite Account:
The registration process took a total of 15 minutes and our account was approved on the next day, which was expected. Please note that the information on our website is for informational purposes only. Another cost you should consider while trading is a Swap Fee or an adjustment reflecting the relative difference in interest rates or yield on the underlying instruments. Typically, AxiTrader will charge Swap Fees on a Long Position and pay Swap Fees on Short Positions. However, notice that UK residents can not trade cryptocurrencies since FCA banned Crypto trade in the UK. We registered our account on 1 January 2022 and it was verified on 2 January 2022.
With that said, Axi commits to delivering its best to its clients to reach these factors that are very important to any aspiring trader in the online trading industry. Axi strives to provide any kind of help needed by any type of trader. AxiTrader offers three different account types, demo, standard and pro. The demo account is purely for practice, while the two live accounts have no set minimum deposit. All account types are accessible from mobile devices on both Apple and Windows apps.
To open a demo account, you have to enter your name, email address, phone number, and country of residence. You also have to express your willingness to receive promotions and news from the Forex broker and agree with its privacy policy. This could be an attractive solution for those professional traders who trade high volume through their algorithms. It will give you a list of helpful explanations and descriptions that can break some of the jargon that you will encounter when trading on any forex trading platform. In order to further sweeten the deal for all of the traders, Axitrader has built in integrations for a number of third-party trading services.
You should not worry about your personal details as the website of Axi is encrypted to secure your personal information. Also, with regard to sending your ID, this may be done electronically. https://forexbroker-listing.com/ Also, in the year 2017, it won the ‘Most Reliable Broker in Forex Awards and ‘Highest Overall Client Satisfaction’ in the Investment Trends Australia FX Report.
Lastly, AxiTrader is still unavailable to large markets in regions such as the United States and Canada. Traders who like to develop their own trading algorithms and Expert Advisors usually tend to purchase a VPS server to run their scripts on. This is because these are running 24/7 and have very little downtime. They also have a section that covers some of the latest charting setups from a technical analysis perspective. However, this seems to be quite outdated and has not been updated since October in 2018. Lastly, if you think that your trading is impressive then you can always export your trading data and use it to secure external funding from investors.
You can also set the platform up to receive notifications via the app, email or an SMS. These alerts could be set at the intraday level in order to provide up to date suggestions for improving your trading. When you install it on your device it connects to the AxiTrader server from with your MT4 account details. This has a pretty extensive array of features for a mobile trading application. For example, you can still do a great deal of charting as well as implement a many of the studies.
This is helpful for traders to manage their risk around potentially market moving news. It can also be used by those who like to trade using an event driving strategy. They will trade the excess market axitrader review volatility created by misses or overshoots of the forecasted numbers. For those traders who prefer to watch videos for guidance, AxiTrader has included a host of video tutorials on demand.
The Next Gen MT4 platform is available to all of those AxiTrader clients who have more than $1,000 in their accounts. Of course, you can also give it a whirl with a free demo account beforehand. Which account you end up choosing will depend a great deal on your own personal preferences and trading experience. For those who are uncertain, they can start with the demo account and move their way up. They are perhaps best known for their relatively straightforward product offering and their «no nonsense» approach to their business. They regularly score top marks for their customer service, trading tools and general transparency.