Axi Review Trade with a Trusted Broker

Axi Review Trade with a Trusted Broker

In 2016, AxiCorp announced that it had received a significant strategic investment from RGT – a leading Australian private equity firm. Overall, Axi is a good choice for traders looking for a reputable broker with strong regulations in place. XTB also provide this service if you are a looking to buy and sell cryptocurrencies.

We will look at the leverage, commission, and spreads that you will find when trading with Axi. Choose between webinars or live seminars and talk to professionals for new insights and tips. Learn from other traders and copy their trade strategies and share your own. Watch video tutorials, read the basics of how to trade forex, or read through the extensive market blog Axi has created for beginner traders. This is a tool that helps you find new chart patterns in any chart automatically. Use your favorite technical indicators and combine them while monitoring the markets 24/7 for unique setups.

  • 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.
  • We do not provide investment advice or solicitation of any kind to buy or sell any investment products.
  • This forex platform is the most popular globally based on its functionality, ease-of-use and automated trading.
  • Axi offers Ultra-competitive pricing, unbeatable value, free education, and award-winning 24/5 customer service.
  • The broker provides a free trading academy and a blog to its customers to keep up with the market trends and learn to trade.

Thanks to the regulation and a great variety of tools we consider Axi to be a very stable broker. As mentioned above, Axi is a true beast when it comes to innovation for traders. Trade automatically with algorithmic execution is an option axi review for traders who want to optimize efficiency. The charting on its own is one of the best in the game with MT4 as a household name. Axi is an Australian-owned CFD broker registered at Level 10, 90 Arthur St, North Sydney, NSW 2060.

I just opened a new account

In addition to the above, the broker also posts daily market updates. There are several tools provided by Axi which are very useful for beginners and pros alike. The broker amplifies the MT4 trading experience with free VPS hosting and various third-party signal providers. VPS hosting enables traders to run their EAs or automated trading software on the cloud 24/7 enabling them to fully automate the trading process without interruptions. Myfxbook Autotrade offers trading signals from other traders which can be employed by those who have less free time available for trading. The broker also offers Autochartist to scan markets 24 hours a day without needing to stare at the screen all the time.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. The Copy Trading app is the only proprietary trading platform Axi offers. The Axi platform doesn’t exactly excel in social media outreach, as the only customer service outlet on social media is on Whatsapp. And though phone, email, and social media customer support are available 24hrs, they are not available on weekends.

Axi Review 2023: Pros, Cons, & Is It Right For You?

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 & ETFs. Whatever your interests, there is something for everyone to trade. Whilst there should be more than enough for most of you here, IG have over 17,000.

Axi FAQs

There are no inactivity fees, and the trading fees are low enough that any trader can benefit from this best forex broker. Feel free to try them out using the demo, to see if they suit your strategy and style. Axi excels in this field as they provide you with a host of tools that you can use to make the most out of the MT4 platform. Here are some of the features included in the MT4 platform that you can use to make your trades better. Like any of the reputable and successful brokers, Axi provides you with a demo account that will allow you to familiarize yourself with how it all works.

VPS Hosting

This account may be preferred if you need the tightest possible spreads. This may be the case if you are using a scalping system that looks to take advantage of minor price movements. You can trade forex with a vast range of major, minor and exotic FX currency pairs with tight spreads, fast execution, flexible leverage and liquidity from 14 of the world’s leading banks. Axi have an education centre with free training for all levels of traders that covers a range of basic, intermediate and advanced subjects. The centre includes eBooks, webinars, video tutorials and a glossary.

It is a vital tool for me as I need to simultaneously run multiple MT4 platforms 24/7 for my automated systems. If you think that a VPS would be useful to your trading activities, Key to Markets also give you free VPS access if you trade enough volume. Axi has a huge advantage over its competitors in terms of inactivity fees as the broker does not charge any inactivity fees from the traders’ accounts. I have been with AXI for two years and my experience has been nothing but awesome. MPESA deposit for those in Kenya is amazing, withdrawals are fast , fast order execution and a friendly customer care team …. If you want to register and open an account with Axi, the setup process is completely digital and easy to navigate.

A bank statement or utility bill that is no older than three months, showing your address clearly. These documents are used as proof of the address you provide and ensure that you live in the country you indicated. After you deliver these documents, you will be asked to answer some compliance questions that confirm how much you know about the market. It will take about ten minutes for you to finish the account opening process. Many of the regulations imposed by the regulatory agencies overseeing Axi, have everything to do with client protection, among other reasons. One of the new introductions in the rules involves restricting brokers from offering bonuses to clients.

Additionally, the platform provides bilingual customer service by phone, and you can call them on any of their lines depending on your location. While Axi offers a demo account with flexible options concerning the account balance, base currency, and leverage, it is limited to 30 days. Therefore, I consider it pointless, as traders use demo accounts to test applications and trading strategies, which requires significantly more than 30 days. This is the most widely used version of MT4, with millions of traders across the world using it to trade the financial markets. Axi’s entire range of trading instruments is available via the high-performance MT4 interface.

From humble beginnings in 2007, Axi has rapidly grown to encompass a large portion of the forex market. Our Axi review found out that they offer one of the best trading platforms globally and other unique features. This broker primarily focuses on the forex market, and most assets for trading are currency pairs.

However, clients should be advised that hypothetical performance and real trading outcomes might differ significantly when utilising third-party plugins and methods. Hypothetical success cannot be guaranteed, and it frequently ignores financial risk and the capacity to stick to a trading plan despite losses. Besides, the company also offers traders looking for diversified investments in other assets like gold, silver, oil, and 11 indices. Axi does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. From humble beginnings in 2007, Axi has rapidly grown to encompass a large portion of the forex market.

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