You can quickly and easily fund your account with a variety of convenient options to choose from. 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.
Trade with Axi funds up to $1 million USD
The broker is regulated by the top-tier UK FCA and the ASIC, which have stringent rules and enforcement mechanisms. Once you have signed up you must wait up to https://forexbroker-listing.com/ 24 hours for your application to be approved. Then you chose the deposit method which will be immediate or take from 1 to 3 days to credit into your account.
Maximum Leverage on AxiTrader
You will see that MT5 offers more analytical and graphical tools, Timeframes, and Order types than MT4. Our table below of the IC Markets vs Axi ‘ECN’ style accounts for average spreads suggests that IC Markets has better spreads. The platform’s stability and consistent performance create a trustworthy trading environment. Knowing that I can rely on Axi for seamless execution and real-time data gives me confidence in my trading decisions. AxiTrader also provided video tutorials on how to navigate their platform. The broker could provide more video tutorials covering other topics.
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PsyQuation Premium has more powerful indicators, frequently updated trading signals, comprehensive forecasting and institutional level quantitative models. Users have exclusive access to a suite of advanced trading tools that includes the Order Flow Sentiment Indicator (OFSi). OFSi allows users to view the Buy and Sell order flow of 22,000+ live trading accounts. You can also receive custom alert notifications via the app, email or SMS.
What Other Forex & CFD Websites and Customers Say about AxiTrader?
While the videos in each are short, they introduce each topic to new traders. I think beginner traders can start there and then research more online. Overall, I find the educational section at Axi comprehensive and of good quality.
MetaTrader 4
The different ways of funding presented by Axi are surely one of the reasons the broker has such great feedback from their great customer base. Axi is making sure to match all styles and levels of their traders and so providing different types of accounts to attend to clients’ needs. ECN brokers connect you directly with “liquidity pools” to provide you with the best spreads possible.
Most international traders will deal with the unregulated subsidiary located in St. Vincent and the Grenadines. Axi offers bank wires, credit/debit cards, POLi, FasaPay, Sofort, GiroPay, iDEAL, Neteller, Bitcoin, Skrill, Boleto, Global Collect, and 17 regional online banking solutions. The only requirements are name, country, e-mail, phone number, and application type, which took me less than 30 seconds to complete. New accounts require verification, following well-established industry practices. A copy of the ID and one proof of residency documents generally satisfies this step and completes KYC/AML stipulations.
I actually run multiple instances of the MT4 platform to try out systems on different brokers. You shouldn’t have any problems opening charts, loading indicators, setting alerts, entering and managing positions. For a full comparison, we decided to take a full combination of their fees in all accounts and compare them against the same standard offered in other leading brokers. 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.
This was backed up in 2017 when the Investment Trends Australian forex broker report gave it the highest overall client satisfaction. This could be attributed to the CFD broker being Australian owned, with an Australian customer support team. This is based in Sydney meeting ASIC training requirements for staff. Trading fees include conversion fees which will depend on the currency, swap fees, spreads and commissions. There are commissions for clients who have a pro account of $7 round trip (USD). With $50,000 worth of virtual funds, you can access real time spreads on a MT4 platform.
Trades from signal providers are placed automatically within your account and can be stopped at any time. You can follow multiple signal providers and do not need to be at your terminal when trades are placed. Risk parameters are flexible and can be set according to your own preferences. You will find a good choice of trading tools that can be used for assisting with your trading. I like that they are providing signals, chart analysis, multiple account management and more.
- Of course, opening an account without an initial deposit doesn’t serve the purpose of trading.
- I appreciate that all of the accounts feature simple and secure funding, advanced trading platforms and powerful tools for finding trading signals.
- I would consider Axi to be a market leader in many aspects which I will cover throughout this review.
- Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country.
- The platform’s advanced charting, market insights, and customizable interface provide a tailored experience for traders.
A $1,000,000 client money insurance policy is also in place, making the unregulated St. Vincent and the Grenadines unit the best-protected one with the best trading conditions. Axi have a generous range of trading instruments for you to choose from. You can access multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs & axitrader review ETFs. Whilst there should be more than enough for most of you here, IG have over 17,000. 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.
The broker is regulated in Australia, St Vincent and the Grenadines, Dubai, UK, and other jurisdictions. In this article, we will explore more about Axir, its pros and cons, and the benefits of trading with a regulated forex broker like Axir. Generally, the minimum deposit at Axitarder is $0, so it gives you the freedom to choose the desired amount to start trading with. There are various trading instruments to trade in like Forex, Indices, Shares, Commodities, Gold, Silver, and Oil. Neither IC Markets nor Axi offer spread betting as a primary service. Spread betting is a unique form of trading popular in the UK and some other regions, and not all brokers provide this service.