Axi offers competitive pricing on its PRO account, with low spreads and round-turn commission per trade. An Australian broker with an excellent reputation, Axi is an MT4-only broker with three low-cost trading accounts and some of the best trading tools in the industry. We were also pleased to find that Axi is regulated by the FCA, a British regulator that provides a high level of investor protection. The company is growing from strength to strength, catering actively to its diversified clientele and substantial trading volumes. The revenue collected by AxiTrader makes it one of the top 10 retail brokers in the global forex and CFD market. It is highly transparent with its operations, winning awards recurring for its services in the market.

axi review

In case of emergencies, Axi customer support is easily accessible. A major pro was that Axi has low spreads across all the instruments we traded with Bitcoin spreads being very low. Originally founded in and rebranded in 2020, Axi is a reputable Australian FOREX broker that’s used by millions of traders and investors. In this Axi review, we’ll look at their features, trading platforms, fees, and how to open an account.

MT4 mobile is freely available to download on both Android and iOS via the relevant app stores. They have a great selection with something for everyone to trade. You will find stocks of the largest companies, popular cryptos and major currency pairs.

Mobile Trading Platform

So you can open an account with it by going through our AxiTrader review content above, where all aspects of this platform are covered. AxiTrader’s regulated environment is monitored by various jurisdictions and maintains compliance with different trading conditions. Based on the regulatory obligations, AxiTrader moderates its leverage. Overall, the research capabilities of AxiTrader are remarkable, and their combination makes traders make informed decisions at all times. Facilitating these platforms and their rights reserved with AxiTrader make it a key recommendation in the trading community. Without these tools, implementing any trading strategy could render it useless.

70% of retail investor accounts lose money when trading CFDs with this provider. Axi’s trader education is better than most other ECN brokers, with detailed moving average indicator for intraday trading information in video and text format for both beginners and more experienced traders. It also offers a free demo account, but it expires in 30 days.

axi review

Similarly to the web trading platform, Axi provides only a one-step login.A two-step login would be safer. Forex fees at Axi are low.For Pro accounts, there’s a $3.5 charge per traded lot, and a low spread cost. We ranked Axi’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. Any queries or genuine complaints can as always be directed to and we would be happy to address any should they occur. If you are searching out a dependable, user-pleasant and low priced online broking, appearance no similarly than Axitrader.

Forex Brokers We Recommend

After you download the MT4 mobile trading platform, you have to access the Axi-Live server. Yes Axi does not have its own self-developed trading platform, it usesMetaTrader 4,a third-party platform. There were times in our experience when accessing certain menus took ages, with the whole page frozen while loading. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. CFDs are leveraged products and as such loses may be more than the initial invested capital.

axi review

Axi offers a social trading servicevia Forex Trading Signals on the MT4 platform. Changing the leverage is a very useful feature when you want to lower the risk of your trade. We think this is something you should be in control of.Be careful with forex and CFD trading, as the preset leverage levels may be too high.

Opening Your Axi Account

AxiTrader has invested in co-located servers and fiber optics for faster, more accurate trading with its advanced technology. Axi also extends to fees and spreads, with no fees on deposit or withdrawal. Additionally, the spreads of all Axi’s account types are competitive in the industry. Therefore, its clients are satisfied with a simple and transparent trading environment. People of any experience level can get an accessible customer support team from it. Moreover, this broker offers deep leverage options and the ability to use some useful third-party trading applications.

In addition to this, non-English news is updated less frequently. Axi online broker’s Alternatives are eToro, AvaTrade, Fusion Markets, and XM because they offer low-fees forex platforms. AxiTrader is among regulated Australia forex brokers and brokers in UAE which is governed by Dubai Financial Services Authority , and Australia authority the Securities and Investments Commission . Regarding online trading, customer care has become very important to currency traders. The demo account is active for 30 days before you decide to convert it to a live account. This email will act as your login ID and the MT4 WebTrader link.

Axi have an economic calendar that gives you details on upcoming news events which can be filtered by trading instrument, date and impact. You can see historical and future forecasts of each news release. Autochartist automatically finds Fibonacci patterns such as extensions and retracements as well as chart patterns such as Triangles, Wedges, Tops and Bottoms. It can send you notifications when a pattern is discovered and identifies possible support and resistance levels based on these patterns. The session map simply shows you the different markets opening and closing times. The automated trade journal can help to improve trade analysis by automatically recording your activity.

Author of this review

I actually pay a third-party provider around $30 per month for a VPS. It is a vital tool for me as I need to simultaneously run multiple MT4 platforms 24/7 for my pep 8 style guide 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.

How many SLP is a 900 MMR?

0-900 MMR = 1 SLP. 1000-1099 = 3 SLP.

If you are not a UK resident, you can open an account in one of the EU countries. AXI is a multi-featured and very competitive ECN Forex broker covering the needs of advanced and professional traders and especially as concerns intraday and automated traders. Before starting to trade, potential Axi clients should equip themselves with all possible information and trading skills needed to be successful in the world of forex and commodity trading. If Axi’s website itself does not provide enough means, a trader should explore other informative sources to obtain that skills and knowledge.

Review Methodology

Since the brokers are traders themselves, they understand the need to have a great 24-hour service, tight spreads, and fast execution with minimal slippage. With that said, Axi commits to delivering their best to their clients to reach these factors that are very important to any aspiring trader in the online trading industry. Axi strives to provide any kind of help needed by any type of trader. Axi is an award winning, regulated online broker created by traders for traders.

How do you get free AXIE Infinity tokens?

Axie Infinity (AXS) Axie Infinity Airdrop is worth Free AXS tokens for users when they play various games within the Axie Infinity Universe and through user-generated content initiatives. AXS holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes.

At Axi, there are more pairs to trade than most other Forex brokers. These include majors (EUR/USD, GBP/USD, and USD/JPY) and minors (NZD/CAD, EUR/JPY, and GBP/NZD), and exotics (EUR/NOK, USD/SEK and EUR/ZAR). We were also impressed that beginners have access to high-quality, structured learning material and frequent market analysis. FXScouts has been the UK’s most trusted Forex broker review site since 2019. Our team has written 100+ broker reviews and we constantly test to maintain accuracy. The short answer is yes; AxiTrader stands out as a safe and reliable broker.

Forex broker services can also be provided for institutional clients and large companies such as investment banks. Unlike many AxiTrader alternatives, this broker charges no inactivity fees, and the minimum deposit is $0. Yes,no minimum deposit.Additionally, You can easily view and copy the publicly available trading strategies from other professional traders from your MT4 account. Be cautious that it’s risky and even experienced accounts lose money. For experienced traders who value simple account options, strict regulation and the heavily customisable MT4 platform, Axi is a very tempting option.

This AxiTrader review finds the training aspect of the software quite impressive. Outsourced training is further complemented by in-house educational content, which contains high-quality articles. The above platforms and tools help AxiTrader users stay ahead of the curve. From economic events lexatrade customer care number calendar to real-time market news analysis, these tools deliver reliable forex quotes through their accurate market indicators. In October 2020, AxiTrader officially announced rebranding its company from AxiTrader to Axi. Trader communities of the platform will be rebranded accordingly.

The customer support team at Axi is available 24 hours a day, five days a week. Traders with a minimum of $1,000 can access NextGen, an advanced Sentiment Indicator. Axi also offers an extensive FAQ section and a live chat facility. Axi is a MetaTrader-broker that offers to trade with 80 currency pairs and 65 CFDs on commodities, metal, indices, and cryptocurrencies. Moreover, it also provides several social-copy trading platforms and tools. Axi’s range of financial instruments is slightly limited compared to other brokers, but it offers over 70 Forex pairs and we were pleased that it recently added 50 global share CFDs.

From the high performance MT4 terminal you can access Axi’s full selection of trading instruments. You simply download and install MT4 for PC or Mac and login to your account to start trading. MT4 has a user friendly interface with a range of benefits and features including technical indicators for analysing charts, automated trading, one click trading, flexible charts & tools. An advantage of the Axi MT4 is that they have invested in co-located servers and fibre optics for faster trading.

Some of the most popular traded commodities are gold, silver, oil and gas. Whether you’re learning the fundamentals of Forex, discovering different strategies or looking for expert trading tips, the eBook series can help to improve your knowledge of the markets. The Autochartist pattern recognition software can save you time scanning the charts by conducting automated chart analysis for you. It will show you patterns found on an instrument of your choice with a pattern quality rating. You can set alerts for when patterns are found and it can also forecast possible stop loss or take profit levels. The economic calendar keeps you up to date with the latest market news and can be set to send you alerts on specific events.

The main difference between the accounts are the spreads, commission and minimum deposit required. The account type you opt for will depend on your trading strategy. You can choose from low spreads with a small commission fee or pay no commission but have a spread mark-up instead.

Leave a Reply

Your email address will not be published. Required fields are marked *