Additionally, internal audits ensure compliance with international standards. Importantly, Axi never asks for passwords or guarantees returns, keeping your information safe and secure. Once your account has been validated, you may deposit money to begin trading.
MT 4 Elite Account:
- Axi provides an extensive and diverse array of educational resources aimed at enhancing the trading knowledge and skills of its clients.
- Overall, not as in-depth as you may expect from a broker of this type, but all analysis is solid and well-written.
- Axi prides itself on 24-hour support, fast trade execution, tight spreads with minimum account slippage.
- However, it’s worth mentioning that in Nov 2019, New Zealand’s financial regulator suspended AxiCorp licenses for not complying with the Financial Markets Conduct Act 2013.
You have to choose the order volume, and then you can decide whether you buy or sell the asset you want or axi review chose. User-Friendly Interface – Simple, efficient layout for easy navigation and trading. Provide your basic information, including your country of residence, email address, phone number, and name. Join the Active Trader Program for monthly cash rebates and personalized support that grows with your account. Let us provide a breakdown of those two categories and see how Axi has positioned itself on this front.
Which markets are available?
AxiTrader has invested greatly with these MT4 platforms to MT4 servers to ensure that the MAM solution provides the fast and reliable service account managers need to service their clients. AxiTrader MT4 Platform is available on desktop (as well as web), Mac, and mobile. The platform offers more than 100 currency pairs, automated trading (EAs), free setup, and download. It has full market coverage, which allows you to access the full range of trading options, from Forex and Commodities to CFDs and Indices.
Copy Trading
The ASIC and FMA entities have imposed higher minimum deposits of $200 and $500 for the Standard and Pro accounts, respectively. Despite the entity you have registered with, the broker will not charge any fees on deposits. However, as with many brokers, you should be aware that there may be charges from the payment providers, which are beyond Axi’s control. An ECN model of operation boosts client trust and allows for breakneck execution speeds. For more than a decade, Axi has built strong relationships with top liquidity providers around the world. The broker can deliver you a more reliable trading service with better pricing and faster execution speeds thanks to these trusted partnerships.
Markets and Products
Individual users receive Negative Balance Protection, which guarantees they will not lose more than what they’ve invested with AxiTrader. To minimize confusion, customers have a single brokerage account with AxiTrader but can have many subsidiary profiles in the shape of trading software logins. What’s best as well about the service and assistance being offered by Axi is that the firm offers free eBooks.
I’ve been using Axi for over a year now, and it has been a phenomenal experience. The platform is incredibly user-friendly, making it easy to navigate and execute trades. I appreciate the low spreads, which have allowed me to maximize my profits.
Axi Desktop MetaTrader 5 Platform
We were impressed to find that both Axi’s minimum deposits and ongoing trading costs are significantly lower than most other brokers. Notwithstanding its worldwide presence, the broker provides customized services, such as multilingual support and availability of regional payment options. Because of its worldwide reach and regionalized offerings, dealers from various areas find AXI.com to be a compelling option. The choice of account type depends on the trader’s experience, preferences, and financial capabilities. Thanks to the wide range of accounts offered, every trader can find a suitable option with broker Axi. With this app, you can keep a close eye on the action by monitoring live orders.
- Their platform is incredibly user-friendly, making it easy for both beginners and seasoned traders to navigate.
- Funds can be deposited into an Axi account via multiple methods, including bank wire transfers, credit/debit cards, and various e-wallets.
- Chart artists use many analytical tools and chart configuration possibilities to examine it from multiple angles.
- Its user-friendly interface ensures smooth navigation, making it suitable for traders.
Casual Trading: Acceptable Choice
The broker does not charge a handling fee for deposits and withdrawals, but there is a $10 inactivity fee. Axi supports a wide range of payment methods for deposits and withdrawals, including bank transfers, credit/debit cards, and popular e-wallets like PayPal, Skrill, and Neteller. Most methods are fee-free, with fast processing times, though certain payment providers may apply their own fees.
The Axi trading platform offers a smooth experience, even during high-volume trading periods. 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. No commission is charged on trades, as the cost is built into the spread.
Standard accounts feature spreads from approximately 1.0 pip with no added commission. MetaTrader 4 (MT4) is a globally recognized trading platform valued for its ease of use, speed, and stability. Developed by MetaQuotes, MT4 is tailored for Forex and CFD trading, offering a comprehensive suite of tools for technical analysis, manual trading, and automated strategies through Expert Advisors (EAs). Axi offers a wide range of account types, including Standard, ECN and Swap-Free accounts.
The intuitive design and easy navigation made trading straightforward, even for a beginner like me. Setting up my account was a breeze, and the platform’s responsiveness has been consistently reliable. I trade forex and indices, and Axi provides great spreads and execution. Compared to some of its competitors, Axi’s asset variety is more limited. Brokers like Forex.com and FP Markets offer a much broader selection of instruments, which can be a significant advantage for traders looking to diversify their portfolios. Axi offers a variety of withdrawal options, including bank transfers, credit/debit cards, and e-wallets, with processing times typically ranging from 1-3 business days.
Customer Service ResponseYou have to lodge a complaint beyond Axi’s level yourself here complaints-handling-procedure . Thanks and best regards, I lost $50,000 due to a clear error caused by the company. I ended up losing about $18,000 because of a mistake that was clearly on Axi’s side. I went back and forth with them for weeks, hoping they’d take responsibility and fix it, but instead, they told me they couldn’t do anything and suggested I escalate the issue to some external body. Definitely not the kind of experience I’d want anyone else to go through.If anyone’s dealing with something similar, I’m happy to share who helped me out.
When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. The order-placing screen allows traders to manually set their leverage for each individual trade, thus affording them greater flexibility to manage their overall market exposure. MT4’s mobile app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult. That is why I recommend using the mobile app only to monitor the development of your open positions and make changes if needed.