Axi Trader Broker Review Forex & Stock Trading at Axi

During liquid times the spreads may go as low as 0.0 pips, and the broker truly adheres to ensure costs at the most competitive available. The Standard Account is ideal for new traders as it has no commission charges. Finally, Axi Broker also supports an Islamic account that complies with all the requirements of Islamic law. With this account, you will not be charged swap fees and will have access to all the Forex brokers tools and assets you need when trading. You can contact them in several ways, such as through live chat, email, and telephone calls, in whatever language you are fluent in, to speak with a customer care representative. In addition to supporting several languages, the official Axi Broker website includes support for MT4 as well. Segregated accounts are always used to increase their clients’ protection level.

trade with a reliable broker

Traders who are looking to profit from some of the world’s most popular stocks can consider trading stock CFDs with Axi. However, it does not offer Futures CFDs, Options CFDs, Interest Rate CFDs, and other more complex instruments that are designed for professional traders in particular. Axi’s MetaTrader mobile app for Android devices is user-friendly and offers all the major features with flexibility and portability.

Is AxiTrader regulated?

In recent years, the company has changed its brand from AxiTrader, and it is now known as Axi. AxiTrader Sample Reversal PatternsPlease be aware that these patterns are only tools.

AxiTrader is a licensed, well-regulated, and fully authorized Australian online trading platform that allows you to get started with a demo account. Sign up to trade Forex or CFDs on any device of your choice via sophisticated apps. The broker could have offered more types of accounts, more types of trading platforms, and more markets to trade on.

Broker Reviews

The firm does not require a minimum deposit and any trader can start with any amount desired. Axi provides access to many markets, featuring over 50 financial instruments to trade as CFDs. As an established international group of companies, AxiTrader provides financial Forex brokers products focused on foreign exchange, primarily for retail investors. Tight spreads and fast execution come as standard on all accounts. The AxiTrader’s clients as well enjoying direct access to various liquidity providers from over 14 world’s largest banks.

  • It has full market coverage which allows you to access the full range of trading options, from Forex and Commodities to CFDs and Indices.
  • Once you begin trading with a verified broker, you must make your own inquiries as to the suitability of any derivatives products.
  • This section is frequently updated and includes technical and fundamental chart analysis which can help inspire potential trade ideas.
  • Axi believes that traditional ECN connections are too slow for today’s traders; layers of networks, cables, firewalls, and third-party platforms only add latency which costs the trader.
  • Mini Manager, which allows you to quickly enter and exit trades and apply complex types of orders quickly and easily.

Besides, investing in different markets also helps to recover any potential loss from any volatile markets such as forex. PsyQuation Premium is another unique tool that is available for the Axi traders who have a minimum balance of $500 and trade at least one regular lot each month.

Axi Trading Hours

The Axi platform offers a good selection of trading tools to assist your trading. This includes signals, chart analysis, multiple account management, and more. According to their website, Axi is a broker built for traders by traders.

KYC Procedure for Account Creation and Depositing

Thanks to the cutting-edge software and regulatory bodies, which make AxiTrader the safest and reliable place for trading online. The Axi customer care support remains active for 24×7 hours to assist you. Clients who live in an Islamic country can now use it because recently Islamic account option has also been included. And upload a copy of your original documents, e.g., ID card, Passport or driving license, utility bill, and bank statement. Also, they alert mobile users on all the recent activities carried out within the trading environment.

Additionally, the Axi Broker provides a trading environment that offers many advantages to forex traders who actively use it to trade. PsyQuation is a premium and sophisticated trading platform made freely accessible to retail traders by Axi. AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. In addition to being regulated by the top-tier FCA and ASIC, Axi is a reliable broker.

Compared to the pro account, the pro account charges a USD 7 roundtrip commission but spreads start at 0.0 pips. When it comes to the trading account types, Axi offers two accounts initially, which are the Axi demo account and the live account. Once open a live account, further Axi account axitrader broker types are categorized. As a result, to keep them active, brokers impose unwanted non-trading fees. This means the trader will have to pay some charges if they are not active in trading for a certain time. Before getting into the Axi review, let’s get to know about the company.

You can add your favourite news feeds and follow traders from social networks. The sentiment indicator will give you an insight into what positions other traders are taking.

The platform is customizable and you can manage your trading dashboard with its flexible charts and tools.MT4 is known to be the world’s number one trading platform for Forex trading. The standard account requires no minimum deposit, has variable spreads starting from just 0.4 pips and charges no commission. This account does not have the lowest spreads but on the plus side, there is no commission fee. Overall, I found the cost to be the same whether you paid the commission separately or have it included within the spread. They give you direct access to the latest market data with multiple liquidity providers (LP’s) from 14 of the world’s largest banks, for live pricing and superior trading conditions.

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