Nonsense, as I have made 100s

AxiTrader forex

AxiTrader doesn't have minimum deposit requirement for all available types of accounts. Please note that if you withdraw via Bank Transfer, it may take up to 1 -3 business days to receive funds. If you experience a delay in receiving funds, we recommend you to follow up with your bank provider. However, when i try to withdraw $200+, Forex brokers it took me forever, and until today i didn't get single cent from them. However, as a fully regulated broker, we follow certain regulations from our third-party financial regulator that dictate the payment methods that can be used on different countries. Nonsense, as I have made 100s of wire transfers to brokers in Australia.

AxiTrader forex

It offers low-cost trading with best in class risk tolerance limits and different types of assets to choose from. Effective Forex trading requires a good broker and that is why you need AxiTrader. Getting a regulated forex broker with quality services and good customer support can be quite difficult in the first place. With AxiTrader you are assured of security and it is best suited for any kind of trader due to its numerous account options. AxiTrader is worth your precious time and you should consider it should you want to start Forex trading. The MetaTrader 4 trading platform is a key part of AxiTrader’s offering.

Axitrader Trading Platforms And Tools

He also owns Innovate Online offering digital marketing services with over 20 employees. These include another solid trading platform offering (the broker’s proprietary) and an enhanced education and research facility and infrastructure. The valued clients of AxiTrader have helped the brand distribute its global revenue base across multiple streams, including overnight fees and dealing spreads. Due to its regulatory compliance and best practice implementation, AxiTrader stays compliant across multiple authorities. A review conducted on the said regulated service proved that AxiTrader is completely legit under St.Vincent’s authority and the Grenadines Commercial Intellectual Property Office.

  • You can't set alerts and notificationson the Axi web trading platform.
  • Customer support is available only 24/5, and research options are limited.
  • If you choose to use the pro account, you will be faced with a round turn commission of $7 for a standard lot of 100,000 units.
  • It is important to note that high leverage has an inverse effect as well, where it could work in reverse of the trade.

By registering high returns, forex trading has instantly profited investors worldwide. However, the domain of forex trading is not so easy for everyone to champion it. Trading on AxiTrader PRO account, you will receive a reduced spread and a commission charge will occur based on the base currency of your trading account and the size of your trade. Axi provides traders with 50 currency pairs, six cryptocurrency pairs, 20 commodities, and 31 index CFDs.

A full module of this web app provides dozens of indicators, which work as drawing tools for completing the order management functionality. Despite the MetaTrader 4 platform’s limitations, AxiTrader runs excellently for its traders by offering them the most cutting-edge trading tool – PsyQuation Premium. This regulatory suspension, however, has no impact on the international clients that AxiTrader LTD operates. Hence, AxiCorp LTD, which runs AxiTrader, has not suffered any license suspension. While these issues fall under its corporate umbrella, AxiTrader continues to work as a genuine broker, expanding its market share across the globe with every passing year.

Our Overall Axi Rating

We tested the bank transfer withdrawal and it took 2 business days. In addition to bank transfer, you can use credit/debit cards, broker-to-broker transfer and several electronic wallets, as well as cryptocurrencies. Elite account - $3.50 round trip commission, generally lower spreads. The parent company AxiCorp Financial Services Pty Ltd changed its brand name Axitrader to become Axi at the end of 2020. In the same process, they also changed their existing website from to to match its efforts to revamp the AxiCorp brand. A longstanding broker, AxiTrader stood the test of time and achieved tremendous success in the brokerage industry. Despite its premier status, there are still features that remain to be desired from the broker to offer to its clients.

However, all your monthly financial statements are available to download at the Client Portal. You should click on 'Financial Statements' within the 'Trading Accounts' menu. Axi's web trading platform hasgreat customizability.You can easily change the size and the position of the tabs. A bank transfer can take several business days, while payments with a credit/debit card or electronic wallets are instant. Axi has low fees for trading index CFDs, while stock CFD fees are average.

Can You Open An Account?

Axi accepts traders from the UK and South Africa and has an office in each. Traders from Malaysia, Singapore, and Canada may also open accounts at Axi, but US traders cannot trade at Axi. The Axi brand, formerly known as AxiTrader, is regulated primarily in the U.K., Australia, and the UAE. Axi is a MetaTrader-only Forex brokers broker, with a limited range of available markets. Full mobile trading functionality is available, including MT4 NexGen and free autochartist. The Pro account is free to set up and spreads are as low as 0.0 pips. There are no commissions levied on trades and the minimum trade size is 0.01 lots.

Discover Popular Markets To Trade

Equity CFDs are notably missing, which is a negative in my book as I trade them, but Forex traders have a good selection. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Feel free to try Axias its trading fees are low and there are no deposit or withdrawal fees. Axi holds a comprehensive Client Money Insurance policy that provides axi trader retail clients with protection up to US$1,000,000. This insurance coverage comes at no additional cost and automatically applies to all retail accounts with balances above US$20,000. Professional and non-EU clients are not covered by negative balance protection. This allows you to identify successful traders and follow their trades, which are then translated into real trades in your own broker account.

Read Out Axitrader Review For A Fresh Perspective

Both and AxiTrader offer MetaTrader 4 .Copy trading is not offered by either broker. Fortunately, this Forex broker is fully licensed and regulated by the Financial Conduct Authority , and ASIC, and Australia. As such, this AxiTrader is fully compliant with regulatory requirements. All client funds are held in secure, segregated trust accounts at leading banks. To add funds to your account, simply click on the available funding options through the Secure Client Portal.

Axi explains its products and services well, and I believe most traders will not require assistance. Axi provides traders with the out-of-the-box MT4 trading platform and upgrades it free of charge with the Autochartist plugin. I like that Axi adds Autochartist, which can assist beginner traders. MT4 is the market leader in algorithmic trading and remains the most versatile trading platform. It is available as a desktop client, where traders get the full functionality of MT4, a light web-based platform, and a mobile app.

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