Axi provides traders with the out-of-the-box MT4 trading platform and upgrades it free of charge with the Autochartist plugin. I like that Axi adds Autochartist, which can assist beginner traders. MT4 is the market leader in algorithmic trading and remains the most versatile trading platform.

1. Both are well-structured, and Axi focuses on growing its trader-base with long-term clients, a move I find business-savvy.
2. After looking at the background of AxiTrader and how it operates, it is now time to look at how to set up an account with them.
3. Our AxiTrader review highlights that the company AxiCorp, as a global market leader, takes security very seriously.
4. Axi is a member of the Hong Kong-based Financial Commission, featuring a €20,000 compensation fund.
5. Axi does not consider your financial objectives or personal circumstances.
6. Instead, spreads are being marked up by 1 pip above the inter-bank rates received from AxiTrader’s liquidity providers.

Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary.

Account Types

The program’s financial backing gives me the flexibility to take calculated risks and pursue profitable avenues that align with my trading goals. In this case, the client’s funds are safely kept in segregated accounts with top-tier banks and secured by compensation schemes. As well as all online transactions, executions, or traders’ manipulations are fully encrypted and follow operational guidelines. axitrade is licensed and regulated by the two main authorization institutions Financial Conduct Authority (UK) and by the Australian Securities & Investments Commission.

Types of Spreads with Axi explained

Axi (AxiTrader)’s asset offering is clearly designed for high net worth forex traders. With over 140+ currency pairs and their killer Pro and Elite account offerings, they definitely become an attractive choice for seasoned currency traders. On the other hand, when it comes to pretty much any other asset class, they’re well below their competition. Axi offers dynamic spreads in all their accounts (meaning that they constantly change) yet they do adjust their base offer depending on the account type a trader opens. These will go as low as 1.0 for the standard account and 0.1 for the pro account.

Access the ultimate flexibility with your trading and trade these products from anywhere you go. The fact that it is the most popular trading platform used by retail traders means that there are plenty of online resources available to guide you through the platform. AxiTrader Limited is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors.

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. Opening an account with AxiTrader is quite easy, you just need to follow the steps of the account opening process, verify your details and select the account type of your preference. When funding your account you will be taken to AxiTrader’s Secure Client Portal, which ensures your financial information is protected so you can deposit funds safely and with confidence.

As a global market leader, AxiCorp, and therefore also AxiTrader, takes security very seriously. AxiTrader is licensed and regulated by the Financial Conduct Authority (FCA) as well as the Australian Securities and Investment Commission (ASIC). The broker AxiTrader was launched in the year 2007 in Sydney, Australia, and has advanced to become one of Australia’s largest Forex brokers. AxiTrader is part of the AxiCorp group, (AxiCorp Financial Services Pty), which has exhibited consistent growth since its formation and now ranks as one of the top 10 global Forex providers in the world.

TECHNICL FEATURES AT AXITRADER

The broker also tries to allow for fast execution speeds where slippage is reduced to a minimum and Forex market access is being guaranteed at all times. However, our AxiTrader review highlights that slippage does occur quite frequently with any type of trades, which is a major drawback for most advanced and professional traders. I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.

Combine this with its award winning levels of customer service, and it isn’t hard to see why AxiTrader is so well respected. Other payment options provided include debit card, PayPal and bank transfer. Funding your account will allow you to make trades on the MT4 platform. You will be able to see a side-by-side comparison of the two account options at the bottom of the page as you go through the account creation process. Again, as with the demo account registration, the information that is contained within this form is subject to encryption, meaning that your personal data is completely safe. The next step in creating a demo account is to fill out a very short form on the right hand side of the page.

Compare Axi (AxiTrader)

When you complete a live or demo application and create an account, you will be sent a link to download the platform on your preferred computer or device. If you have an existing live account and need to download, update or reinstall the MetaTrader 4 platform, the latest version is available in the Client Portal. You can also Contact Axi via phone, email or live chat to request a download link.

Since over-the-counter derivatives carry significant risks traders should be assured they’re dealing with a transparent provider, which can be provided only by the regulated broker. While the majority of the benefits included with each account are the same, there are several differences between the two options – namely in the commissions, spreads and markets provided. You will also be able to access customer support 24 hours, 5 days a week for help and assistance as you use your demo account. The demo account is available on a 30-day trial and gives users a valuable chance to see how AxiTrader works and familiarise themselves with this trading platform without having to make a financial commitment. In terms of educational material and trading resources Axitrader offers a selection of free webinars, video tutorials and eBooks as well as a standard economic calendar. No fees or extra charges apply when utilising these tools and resources.

What is AxiTrader?

After selecting the account type of choice, traders can then select which trading platform they wish to utilise. The short answer is Yes, Axi’s Pro account offers ECN-style tight spreads. You can access 140+ currency pairs for forex markets, a $0 minimum deposit, and fast execution with award-winning customer support all from one location through MT4. For professional traders, the company offers to use the Next Generation of MT4 – MT4NexGen. The platform is filled up with better and proven features, which makes trading even better, and includes sentiment indicators, correlation traders, alarm managers, automated trade journals, and many more. This platform is available free of charge for clients who open a live account with a minimum deposit of 1,000$.

Is AxiTrader Safe

Margin calls can be made at short notice and can lead to substantial losses that can exceed initial investments. A risk warning, that CFDs are complex instruments that pose the high risk of losing money, needs to be issued at this point. There are various options for funding your account, including bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller. The Axi blog also features high-quality educational articles, and I can only recommend that traders of all levels take a look, as there is plenty of thought-provoking content. Five eBooks are also available free of charge, but Axi asks for a name, country, phone number, and e-mail address.