The app also enables you to make better-informed decisions when trading. The mobile version is rather simple to use but if you experience any difficulties, you can always reach out to the live chat support. Axi relies on the third-party platform MetaTrader 4 (MT4), developed by the Russian company MetaQuotes Software. This enables clients to trade across a wide range of devices including Mac computers, iPhones, and Android-based smartphones and tablets.
Please release my funds so i can transfer my funds to Assurity Secure It seems like you’re operating a scam for a regulated broker firm. I got contact from my account manager (yeah, never had one apart from TD Ameritrade) within 30 minutes if receiving account approval. They have good plug-ins for MT4 and cool analytics tools that help you be accountable (that you should if you want to be a profesional trader). Traders can use their demo accounts for a period of 30 days to test the platform and familiarize themselves with its features. For this purpose, Axi will give them a starting cash balance of $50,000.
- These are based in a number of different regions which means that you will get local language support.
- It is more than a week I am having live chat with them but they are just delaying me and not adding my funds.
- The broker offers some of the best trading conditions to beginners and experienced traders, as well as high volume traders.
- To keep costs low, AxiTrader does not widen the spread but instead charges a commission of $7USD round trip for each standard lot.
- Then you must choose the subject of your inquiry, i.e. whether it concerns withdrawals, deposits, trading, updating your account, and so on.
Below shows some of the key players at Axi who have one of the most experienced teams worldwide. Axi is an established platform that attracts the attention of traders worldwide with its competitive pricing, low spreads, and vast range of currency pairs. Customers have a choice from two types of live accounts, standard and professional. The brand is overseen by major regulators like FCA and Australia’s ASIC, so you can rest assured your capital is in good hands. In both cases, there are no minimum deposit requirements and account holders have access to the same range of trading instruments, including forex pairs and commodity CFDs. One chief difference between the two is that standard accounts do not incur any commissions.
AXI Corp clears all rumuors 🙂
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. Axi provides a competent support service available via live chat, telephone, and email. The chat is the easiest way to communicate with the support staff in real time. To start a conversation, you first need to select whether or not you have an MT4 account and provide your names.
Gestionnaire multi-comptes Axi MT4
When you first create the demo account, AxiTrader will give you $50,000 in demo funds so that you can replicate live trading conditions by placing actual trades. They will just require a few personal details before they are able to give you the demo account. As has become standard for most brokers these days, AxiTrader offers a demo account. This is a great way for a trader to practice their trading in a non-threatening and beginner friendly way. TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site. Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors.
Once they download and install the app, customers must link it to their existing MetaTrader 4 accounts. This trading account is designed for beginner forex traders as it’s not a market makers account. This forex trading account spreads are wider than their Pro account however the account has no commissions. Apart from Forex trading, Axi allows traders to buy and sell over 150 financial instruments across different asset classes. But, 130 financial instruments cannot compare with what its major competitors, such as IG or IC Markets, offer.
SWIFT bank transfer not process after 14 business days
The minimum contract size for all available soft commodities is fixed at 0.01 lots, whereas the maximum is set at 2 lots for cocoa, 5 lots for coffee, and 10 lots for soybeans. The platform provides real-time pricing on major contracts on Brent Crude and the West Texas Intermediate. Since this platform was created by Forex traders, it is only natural for it to offer Forex trading to its clients. At AxiTrader, traders are presented with all the features they could possibly need. There, you have a choice from a broad range of 80 currency pairs, including widely used currencies like GBP, USD, EUR, and JPY. The platform boasts liquidity from fourteen of the biggest banks on a global scale.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. We were also quite disappointed that although they did have a range of educational material, there were no live courses or webinars. axitrade These are offered by numerous other brokers and are a great way to provide ongoing support to the traders. As mentioned in the fees section, with the pro account you have much lower spreads than the standard account although you do have to pay lot commission.
There are two types of live accounts and these are the standard and the pro accounts. These basically differ according to their fee structure as well as the amount of leverage that you can employ with them. Don’t normally write reviews but after being with 4 different brokers and 1 prop firm, Axi is probably the best for personal/live accounts. The deposits into MT4 accounts are instant, withdraws take about 24hours. Never had any issues with them so far and been with them for about 9 months.
They will trade the excess market volatility created by misses or overshoots of the forecasted numbers. If you prefer to get a print version that you can download for offline reading, then they include their free ebook. You will need to hand over your contact details in order to get sent the ebook. We downloaded the book and it appears to be pretty stock and standard (not a customised solution). So, Tradency is a bridge between these expert developers and your trading account.
Trade Execution
A $7.0 commission for a 1 Lot trade is similar to what other brokers such as IC Markets will charge, but it is not the lowest in the industry. Axi’s Pro account is definitely at the same level as most of their similar competitors. The real strong advantage is their Elite account which definitely outranks any other FX commission offer out there with a $3.5 per lot round turn offer. The only issue is of course, being able to afford the $25,000 minimum deposit to get such conditions and also being an eligible professional client if you’re located in Europe.
While this may see you losing “profits” that you picked up, it is better than nothing. Given that AxiTrader will have to had to have conformed with these requirements, you can feel at ease about the safety of using their services. Moreover, unlike with an unregulated brand, you know exactly which regulator to turn to should you have any issues with AxiTrader.
These include the demo account as well as two different “live” accounts. In this Axitrader review we will take an in-depth look into the broker’s regulation, technology, fees and much more. We will also give you some top tips in order to make the most of your trading experience. For example, the correlation trader gives you the chance to spot new trading opportunities and reduce money management errors. The latter gives you valuable insights into the latest live market trends. Because of this, the cryptocurrency is subject to considerable swings in prices.
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. Axi allows traders to use the world’s most popular trading platform, MT4, to trade the over 150 trading products it offers. The MT4 trading platform is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is compatible with Android and iOS devices. The WebTrader can be accessed through all popular web browsers, such as Chrome, Safari, Firefox, and Edge.
AxiTrader is not a financial adviser and all services are provided on an execution only basis. 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. Axi offers very raw spreads, fair commission fees, and there are no additional fees on top of overnight financing charges.
We also used this and we were able to get an instant response from an agent at AxiTrader. They have steadily grown their international presence as well and in 2012, they established their UK arm of the business under AxiCorp limited. 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.