Axi Review 2023 Advanced platforms and tools with low fees

AxiTrader platforms do not require upgrades as the service delivers them with their most powerful versions. It uses MetaTrader 4 as its dominant trading platform, and this standard approach helps it attract retail traders. A free-for-all feature of AxiTrader, PsyQuation Premium, helps its clients maintain a minimum balance of $500 with monthly trading of one standard lot. It is an advanced trading tool that can provide smart forex trading signals through its comprehensive forecasting, quantitative analytics, and market indicators. AxiTrader’s pure Forex accounts have the privileges to select assets and indices with proper diversification. Moreover, AxiTrader helps new retail traders start their first trading account before becoming advanced traders and running into the platform’s limits sooner or later.

I believe this is a tool that should be readily available in all platforms. The MT4 mobile platform allows you to seamlessly connect your mobile device to the trading platform. You can view real-time pricing, place & manage trades, view account history, monitor positions, customise charts, set alerts and more. This is useful for those who need to access their account whilst on the go from differing locations. MT4 mobile is freely available to download on both Android and iOS via the relevant app stores.

Axi has low forex and CFD fees, and deposits and withdrawals are free of charge. The majority of AxiCorp’s analysis comes from Autochartist, although the company also publishes a weekly market overview on its blog. High-quality instructive articles can also be found on the AxiCorp blog, and I strongly advise traders of all experience levels to check them out.

License and Ordinances of AxiTrader

AxiTrader has no minimum deposit requirements, & every user is free to deposit any amount in the account. AxiTrader offers multiple ways of adding or withdrawing money from the account. The supported methods of payment include wire transfer, MoneyBookers, Neteller, skrill, and bPay. Funds can be added to an AxiTrader account via these payment options.

I have been with AXI for two years and my experience has been nothing but awesome. MPESA deposit for those in Kenya is amazing, withdrawals are fast , fast order execution and a friendly customer care team …. Feel free to try Axias its trading fees are low and there are no deposit or withdrawal fees. Professional and non-EU clients are not covered by negative balance protection.

It is a partnered service that AxiTrader runs with four VPS providers, namely, MetaTrader VPS, ForexVPS, BeeksFX, and Commercial Network Services. In October 2020, AxiTrader officially announced rebranding its company from AxiTrader to Axi. Trader communities of the platform will be rebranded accordingly. Our research found that AxiTrader offers a full suite of MetaTrader 4, presented in Web, Android, iPhone, and iPad versions. Good to note, that not all MT4 platforms are created equal, as the broker may invest in a co-located server and fiber optics, in order to process more accurate trading or not. With AxiTrader you’ll be able to keep your trading costs quite low, as the broker shows market-competitive spreads across a wide range of currencies, commodities, and indices .

Trading ideas

We are committed to the fair handling of reviews and posts regardless of such relations. Trading on AxiTrader Standard account, you only need to pay for the spread, which is the difference between the buy and sell price. AxiTrader is a registered business name of AxiCorp Financial Services Pty Ltd which is regulated in several countries.

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. Facilitating these platforms and their rights reserved with AxiTrader make it a key recommendation in the trading community. Without these tools, implementing any trading strategy could render it useless.

What is the minimum deposit for AxiTrader?

They have steadily grown their international presence as well and in 2012, they established their UK arm of the business under AxiCorp limited. You guys should inform your client when you see that there is an open overnight trade. Check out the current account balance requirements at Axi in our What is the minimum account balance at Axi article. Is Axi legit features all the key aspects you need to look at to see if a broker is safe and legit. Being regulated by several top-tier financial authorities is a great sign for Axi’s safety. Under ‘Learn to Trade’, you can find seminars and webinars to watch.

AxiTrader) is a multi-regulated online broker created by traders for traders. They give you industry leading trading conditions on a vast range of different markets such as forex, stocks, cryptos and commodities. You can trade with tight spreads, low commission fees and fast execution speeds at the best prices.

It is further recommended to use a demo account for trading before starting a live trading session. Yet further, it is also recommended to use the amount which a trader can afford to lose. Even though the trading company provides a very competitive fund deposit price, the recommended min deposit is $200 for trade purposes. No fees AxiTrader charges for deposits and withdrawals done via bank transfer.

Three unique features make AxiTrader a success at the trading game. The broker is known to harvest the best out of the Autochartist MT4 plugin, its VPS hosting, and the PsyQuation Premium service. This regulatory suspension, however, has no impact on the international clients that AxiTrader LTD operates. Both entities https://forexarena.net/ are different and fall under distinct jurisdictions. Hence, AxiCorp LTD, which runs AxiTrader, has not suffered any license suspension. While these issues fall under its corporate umbrella, AxiTrader continues to work as a genuine broker, expanding its market share across the globe with every passing year.

Client support can be reached via email, phone call, or live chat. Users do not have to share personal details like the history of bank transfers, transactions, account axi review details, or any bank statement, etc. With its strong foothold in the UK, the firm is currently trying hard to capture the European retail trading market.

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When you have it open and you spot a potential trading opportunity, you can quickly hit the “view” button and it will open the chart in question. This will allow you to quickly place the trade should you still find it favorable. Alternatively, if you do not want to wait for a response on the email then you can always speak to them over live chat. We also used this and we were able to get an instant response from an agent at AxiTrader.

• It is regulated by the Financial Services Authority, bearing number BC 2019.
• You guys should inform your client when you see that there is an open overnight trade.
• AxiTrader seems to be fairly transparent with their fees and have a similar fee model to a range of other brokers in the industry.
• The broker AxiTrader was launched in the year 2007 in Sydney, Australia, and has advanced to become one of Australia’s largest Forex brokers.

Selected companies also have the privilege to allow broker-to-broker transfers where a user can transfer their funds from one account to another within the AxiTrader brokerage. The trading platform mainly communicates with traders via email. But, it also has a toll free number where traders register their inquiries. The above platforms and tools help AxiTrader users stay ahead of the curve. From economic events calendar to real-time market news analysis, these tools deliver reliable forex quotes through their accurate market indicators. This practice eliminates the misconception that new accounts lose money when trading forex.

It can execute multiple blocks of orders on all accounts that are operating under a master account with 6 allocation methods and all order types accepted. The MAM is only available to approved and regulated operators of discretionary accounts or managed investment schemes. It is important to emphasise that signal performances are based on historical performance and there is no guarantee on future performance. If you are looking for a dedicated social trading platform, then eToro would be my top choice. Whilst this can be a good hands-off solution for those who do not have the time or knowledge to trade by themselves, I find the signals to be hit and miss.

Your withdrawal request on the 26th of October was sent to your bank account that same day. Hi Ildospag, thank you for taking the time to write us a review. In order for us to investigate this matter, please provide us with your full name, registered email address, account number, and the details of your concern.