Axi stands out for its solid regulation across multiple regions, providing a sense of security for traders. Additionally, the broker offers good educational resources, similar to some of its competitors. However, it may not be as comprehensive as those offered by FP Markets and Pepperstone. Axi provides additional tools and features to enhance the trading experience and support informed decision-making.

  • More recently, the broker has tried to appeal to customers with their offer of some of the lowest spreads on the market.
  • It helps me evaluate my trading strategies and identify weak points.
  • What really put the cherry on top for us was the fact that they were quite open to traders visiting their account managers at the offices.
  • MAM supports no fewer than 6 allocation methods and as many order types, unique as well as normal.

There’s also clear communication throughout the process, so I never have to worry about delays or issues. Axi provides a suite of research tools to enhance traders’ decision-making processes, available both on its platforms and website. For the negative points, the range of the instrument is narrow and limited to Forex and CFDs.

Also, typically, there is no minimum deposit amount, although this may vary by region. For Australian and New Zealand clients, the minimum deposit amount is $200; for the European entity, it is $5. Axi is widely regarded as a reliable broker, known for its consistency and transparency in trading services. Regulated by top-tier authorities, the broker adheres to stringent financial standards and prioritizes the safety of client funds. Traders often highlight Axi for its competitive pricing, fast order execution, and robust customer support. The broker’s clear communication regarding fees, trading conditions, and policies further enhances its reputation for trustworthiness.

  • Personal and financial information is also stored in cold servers which are inaccessible to hackers.
  • For the negative points, the range of the instrument is narrow and limited to Forex and CFDs.
  • This is because it is easier to complete your charting on this and there is also much less latency than there is on a web version.
  • Tight spreads and fast execution come as standard on all accounts and stand on quality levels as we tested.
  • It will also give you tools in order to better analyse the returns of the other traders on the platform.
  • Their customer support is outstanding, always responsive and helpful.

Once you have created an account at Duplitrade these signals will be sent directly to your Axi trading account in the MT4 interface. It will also give you tools in order to better analyse the returns of the other traders on the platform. This is actually quite an impressive list of services that range from trade copying software to social trading and trade analytics software.

In addition, Axi stands out with its competitive pricing and good spreads as we find on its spread account. PsyQuotation is a premium trading platform option, to which all newly registered Axi clients gain access for lifetime – as long as the offer stands. There is no minimum deposit at AxiTrader across their different account types.

Avoid this broker

These are pretty standard for Forex traders and is used to mark all the important Economic announcements that are coming up over the coming weeks / months. While it is great that you have so many options for trading with the MT4, we would suggest that you err towards the computer client. This is because it is easier to complete your charting on this and there is also much less latency than there is on a web version.

Axi Trading Platforms

While you should consider these reviews as part of your research process, you shouldn’t make decisions based solely on them. For instance, if you encounter any user complaints, you might discuss them with the broker to verify if such issues exist. Additionally, you should review the broker’s policy and terms of service.

You can either run these live in your account automatically or you can choose to copy select developers. Hence, if you already have an account with one of these providers then you can link up your account with them. If you do not have an account then you can easily create one straight from the AxiTrader website. 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.

The account is only available to residents of certain Asian countries who meet specific criteria, including a minimum deposit of $500. The typical spreads for Premium accounts are included in the bid-offer spread for each product and may vary depending on factors such as transaction size and market conditions. Due to the unique nature of the broker, clients do not receive any AxiTrader bonus on their deposits. Traders are also not provided with any loyalty programs or any other additional benefits for opening an account, which is by far one of the major disadvantages of the company.

Worst trading brokers

The company slowly evolved into one of the largest financial companies in Australia, which led to widespread market dominance in Australia as well as in financial markets around the world. AxiTrader was introduced as an exclusive Forex and CFD trading platform in 2007 and has ever since becoming a segment leader in the Australian retail FX market. The lack of benefits, bonuses, and promotions that the broker offers also pushes AxiTrader down the list amongst other brokers. After gaining such a loyal customer base, AxiTrader should come up with a system to reward their loyalty, as other brokers do.

With Axi, you can trade CFDs online and access a wide range of markets, including Forex, CFDs on shares, indices, commodities, precious metals, and more. Axi is a top global broker trusted by thousands of customers in 100+ countries for its innovative, customer-focused approach and competitive fees and spreads. The efficiency of trade execution on Axi Select has been impressive. My orders are executed quickly, allowing me to capitalize on market movements without delay. This reliability is essential, especially during volatile trading conditions.

Whilst the broker is regulated by top tier authorities (the FCA in the United Kingdom and ASIC in Australia), our experts found that it didn’t offer a quality client experience overall. AxiTrader is also offering signals of automated trading with the help of the auto trade feature in Myfxbook. It is a third-party provider that powers the economic calendar of AxiTrader. Though AxiTrader is a highly trusted and regulated forex and CFD broker, it has its strengths and weaknesses. In this review, we will take an in-depth look at AxiTrader, exploring its features, pros, cons, and more.

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Their customer support is outstanding, always responsive and helpful. I appreciate the variety of trading instruments available, providing ample opportunities for diversification. The Axi trading platform offers a smooth experience, even during high-volume trading periods.

MT4 WebTrader retains the powerful functionality of the desktop version, including charting, customizable indicators, and real-time market data. The platform is designed for flexibility, allowing traders to execute trades, analyze markets, and manage positions on the go from any device with internet access. Its user-friendly interface ensures smooth navigation, making it suitable for traders. The Elite Account is for professional and institutional traders who need the best possible trading conditions.

As part of the process, Axi requires identity verification to comply with regulatory standards. This involves uploading a valid government-issued ID, such as a passport or driver’s license, and proof of address, such as a utility bill or bank statement. Once your account axitrader review is verified, log in to the client portal and deposit funds using your chosen payment method, ensuring you meet the minimum deposit requirement for your selected account type. Additionally, Axi offers a 24/5 live chat function available in multiple languages on their website, providing real-time support. Clients can also reach out via email at or through Axi’s social media channels.

Axi Select has become my preferred prop service due to its unparalleled access to substantial capital. This access allows me to explore diverse trading opportunities, scale my strategies, and venture into new markets. The program’s financial backing gives me the flexibility to take calculated risks and pursue profitable avenues that align with my trading goals. After switching to Axi Select, I noticed a significant improvement in my trading efficiency. The platform’s execution speed is top-notch, and the variety of analytical tools available has really helped me refine my strategies.

Frustrated with customer service

I’ve been particularly impressed with the platform’s stability, especially during major news releases when most brokers tend to experience delays. The customization options for charts and indicators make technical analysis straightforward. Overall, Axi has delivered a seamless trading environment for my diverse trading strategies. Axi provides competitive fees with a transparent pricing structure, making it an appealing choice for traders seeking cost-effective trading conditions. The broker provides flexibility in its fee model, with floating spreads for Standard accounts and tighter spreads for Pro and Elite Accounts.