Axi Reviews Read Customer Service Reviews of axi com

axi review

You can quickly and easily fund your account with a variety of convenient options to choose from. If you are beginner then you will be happy with the plethora of educational content available at no extra cost. You can also practice trading online with a free demo account or in a live environment with a minimum deposit of just $1. All of this is topped with award-winning around the clock support. I would consider Axi to be a market leader in many aspects which I will cover throughout this review. Overall, Axi are one of the most impressive brokers I have come across.

We have over 20 years of experience when it comes to trading online so we know what to look for. There is a markets blog where you can read about the latest market news. This section is frequently updated and includes technical and fundamental chart analysis which can help inspire potential trade ideas. I had a browse and managed to find some helpful insights for managing my open positions. It is important to emphasise that signal performances are based on historical performance and there is no guarantee on future performance. If you are looking for a dedicated social trading platform, then eToro would be my top choice.

The perceived high risk of losing money when trading on AxiTrader has been debunked in this review. It is a financial service provided globally and is legit for users in the countries regulated under its authorities. AxiTrader and AxiCorp Financial Services Pty LTD are two different entities. The latter is the corporate owner of all the operating subsidiaries.

Is Axi a legit broker?

Axi is a trusted brokerage firm that offers its services to over 60'000 traders across 100+ countries worldwide.

It allows the users to access the software’s benefits in running the server component and the client features. The client software sees the live streaming prices of forex currency pairs and displays their trend charts. It suggests insights to place orders and manage investments of its users.

This is one of the major reasons why we decided to conduct a review of the AxiTrader. During the review process, we gathered several facts and figures that traders around the world must take into account before opening an account with the broker. Our experts find AxiTrader a reliable broker since it’s regulated by good regulations from top-tier FCA and ASIC.

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Am just imagining if this happend during live trading urgent action required !! Can’t trust them again, they have serious system issues, support is bad late reply non profissional reactions. The broker has a Facebook closed group where they work with market analysts to share insights and materials. Join Axi’s Facebook group now for all the market insights from professional market analysts.

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There is an FXI/API for professional Forex traders and a credit for a Forex VPS for over 20 lots of monthly volumes. There is also a MAM account and social-trading via the Myfxbook AutoTrade. Axi provides its clients with a choice of popular and user-friendly trading platforms, including the MetaTrader 4 (MT4) platform for PC, Mac, Android, and iPhone, as well as the WebTrader platform. These platforms offer a wide range of trading tools, indicators, and charting options, as well as the ability to customize and automate trading strategies using Expert Advisors (EAs).

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AxiTrader has offices in London, Sydney, China and Dubai and thus traders can get in touch with their customer support desk twenty four hours in a day. In fact, they also offer MT4 support and assistance to their clients, thereby aiding them in enjoying smooth and hassle-free trading. Additionally, traders can also place a request for a call even if they’re not registered as a member with the broker. This is an excellent option for traders who want to learn more about forex trading or wish to tread cautiously before opening an account with the broker.

  • Axi has made giant strides since its inception in 2007 to become a top 10 global broker, developing a reputation for its innovative, customer-focused approach, and advanced AI technology.
  • The use of these applications is suitable for specific circumstances, which is why AxiTrader clients must determine their use for their needs.
  • For its regulatory limitations, AxiTrader is often considered to be a high-risk broker.
  • Users located in off-shore jurisdictions may not be subjected to this suspension order.

Axi advertises a minimum mark-up of 0.4 pips in its commission-free trading account. During the London-New York overlap session, I received a 1.1 pip spread for the EUR/USD or $11 per 1.0 standard lot. It is an above-average trading cost, and I recommend traders avoid it. The commission-based Axi account delivers as advertised, with raw spreads of 0.0 pips for a commission of $7.00 per round lot, which resembles a competitive pricing environment. A free-for-all feature of AxiTrader, PsyQuation Premium, helps its clients maintain a minimum balance of $500 with monthly trading of one standard lot.

However, the company delays this process in any way, promises and provides false information. I demand to provide me with confirmation of sending money (SWIFT), they refuse to do this. Axi is a forex and CFD broker based on the values ​​of honesty, transparency and trust. Axi is a global forex broker with leading-edge technology, award-winning service, offices on multiple continents, and customers in more than 150 countries.

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For depositing and withdrawing funds, bank transfer, payment cards, as well as e-wallet services such as Skrill and Neteller are used. Axi’s trader education is better than most other ECN brokers, with detailed information in video and text format for both beginners and more experienced axi review traders. The main benefit of using third-party platforms such as MT4 is that traders can keep their own customised versions of the platforms should they choose to migrate to another broker. Axi’s trading tools transform the MT4 platform into a state-of-the-art trading terminal.

Is Axi trading regulated?

Yes. Axi is authorised and regulated by the Australian Securities & Investments Commission (ASIC), AFSL number 318232. Axi UK is a trading name of AxiCorp Limited which is registered in England and Wales under registered number 06378544.

I like that there is a generous selection of deposit and withdrawal methods for us to choose from. You can use a credit card, bank transfer or an online payment processor such as Neteller, Skrill, FasaPay and Sofort. They are also one of a few brokers that accept cryptocurrency payments with Bitcoin. The main difference between the accounts are the spreads, commission and minimum deposit required.

They provide complete support to the automated trading experience. They run backtesting on features and user capabilities and support thousands of registered third-party plugins. AxiTrader does not promote any specific platform higher than the other, which makes it quite unbiased.

  • Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
  • Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
  • Advanced platforms and trading tools ensure an excellent trading experience.
  • Here is a screenshot of the Axi MT4 Pro trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
  • In recent years, the company has changed its brand from AxiTrader, and it is now known as Axi.

You can join the community to ask questions, open discussions and get practical guidance on becoming a better trader. The volatility analysis gives information related to the volatility of markets at any given time with an adjustable risk parameter to identify instruments that meet a certain volatility criteria. I personally love this tool and think it is one of the best you can find for conducting thorough market analysis. It basically gives you professional market research in an extremely user-friendly way.

axi review

This information collection process is outsourced to Autochartist or PsyQuation Premium. The MT4 WebTrader is best used to get a quick visual overview of the markets, study the charts, and monitor the existing trades. 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. The Virtual Private Server of AxiTrader hosts the traders and allows them to run their automated trading solutions 24/7. It is a partnered service that AxiTrader runs with four VPS providers, namely, MetaTrader VPS, ForexVPS, BeeksFX, and Commercial Network Services.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Our ultimate guide to the Axi minimum deposit is updated regularly. Feel free to try Axi as its trading fees are low and there are no deposit or withdrawal fees. However, the news section lacks charts and other visual elements. You can easily see your profit-loss balance and the commissions you paid.

A live chat can also cover some training topics wherein an expert answers the questions and satisfies them. Besides the live chat feature, an FAQ section educates the clients with reliable answers and improves their trading experience. AxiTrader https://forexhero.info/ also generates researched information from a market analysis section that taps into online content and runs a market commentary. This information is packed with trade ideas that support the outsourced research produced by the tools.

Whether you’re just getting started on your trading journey or are already an experienced trader, there’s always something new to discover about the markets. I think it is great that they enable you to learn as much as possible. This shows me that they are a broker who wants to encourage informed trading decisions. The free educational course covers many aspects of trading from how to place trades, risk management, chart analysis, news trading and more. They can help you to arm yourself with essential skills and strategies to trade the financial markets. The FIX API is great for those who need an institutional trading environment.

Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We provide objective and unbiased reviews, analysis and commentary. We verify some of our data for quality control but there are slight variations occasionally. We are not liable for losses that resulting from the information provided on our site. On its website, AxiTrader markets itself as a broker built by traders for traders.

It has low forex fees and a great forex pair selection, compensating for a less impressive CFD lineup. You can choose from many account base currencies, which can save you conversion costs. 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. AXI is a well-regulated ECN Forex broker, offering over 50 Forex pairs, very tight spreads, MT4, copy-trading, MAM accounts, and a FIX/API for automated trading.

I recommend traders check with their preferred one to ensure the most cost-efficient method. Traders must request withdrawals from the secure client portal, and the name of the Axi account must match the one on the payment processor or bank account. I like the hassle-free withdrawal approach at Axi, as it adds to peace of mind when trading. Social traders may either rely on the MT4 built-in copy trading platform or use Myfxbook Autotrade.

We tested Axi’s MT4 app on an i-phone 11 and found that it synced well with the desktop and web trader versions. It allows traders to monitor and modify their trades, manage their accounts, add stops to positions, and delete orders. Traders can also follow the latest research and trends on real-time charts. Axi has a large range of funding methods, including those in GBP. It also charges no fees for deposits or withdrawals via any method, a rare feature amongst Forex brokers. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.

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. We ranked Axi’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. Axi team took fast action to settle the withdrawal process on next Monday (withdrawal requisition on Friday). AxiTrader is a forex and CFD broker authorized with licenses issued by the financial authorities; ASIC, DFSA, FCA, FMA and FSP. If all required documents are submitted (copy of photo ID, proof of address, etc.), the account can be configured within 24 hours (during normal operating hours).

Always check the pre-set levels of leverage on forex and CFDs, as it is usually high. For forex, we are going to choose a volume of $20,000 and then a volume of $2,000 for stock indexes. To get a clear look that contains everything that you need to know, we have to look at the details of how much you would have to pay if you were trading. However, their license was suspended over some issues, and the broker appealed.

The AxiTrader subsidiary that is regulated and authorized in St. Vincent and the Grenadines is the one that is supposed to be for international clients. In our AxiTrader reviews, we make a point of checking the claims made by brokers. Apart from the spreads and commissions that we have mentioned above, there are no fees for deposits or withdrawals, but some payment methods may charge their own fees. Additionally, Axi does not charge any inactivity fees or account maintenance fees. Axi provides traders with 50 currency pairs, six cryptocurrency pairs, 20 commodities, and 31 index CFDs.

Is Axi copy trading safe?

Axi (AxiTrader) offers copy trading using partnership service MyFxBook. This platform is quite well known among the traders. It is distinguished by good analytics, simple interface and reliable operation. Failures of operation are quite rare.

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