It is a common misconception that all brokers are the same, but that’s not correct. Wrong judgment, in the beginning, can put your investments at risk. This AxiTrader review page contains information about investing with AxiTrader. It is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell securities or stocks. AxiTrader mainstays at the technical solution through a platform – MetaTrader 4, presented in a Web, Android, iPhone and iPad versions.
This diversity enables traders to construct a well-rounded portfolio. As well, you can strengthen your strategies by Authochartist, as an AxiTrader client getting free access to flexible charts by the sophisticated tool – PsyQuotation. Leverage is a quite known instrument, which obviously multiplies the initial capital you trading with and can be a very useful tool to magnify your potential gains, but in case you use it smartly. Another cost you should consider while trading is Swap Fee or an adjustment reflecting the relative difference in interest rates or yield on the underlying instruments. Typically, AxiTrader will charge Swap Fees on a Long Position and pay Swap Fees on Short Positions.
- Rate your familiarity with Forex trading and tell us how we can better assist you in your trading journey.
- AxiTrader aims to provide traders with a seamless and efficient trading experience, fuelled by advanced technology and reliable customer support.
- When selecting a broker such as Axitrader, one of the most critical factors to consider is the broker’s regulatory body and regulatory status.
- The account manager assists the traders with the training of trading and other market information, and also helps them improve their trading style.
- Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
- Therefore, conducting thorough research on the company you plan to invest with is crucial.If considering trading financial assets with Axitrader, evaluating the Axitrader platform is important.
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If you are a forex and CFD axitrade trader looking for a trusted broker, AxiTrader can be an ideal choice for your trading journey. However, We always encourage traders to test brokers with a demo account or with a small deposit. Once you are satisfied with the trading conditions of the broker, you may proceed with real trading.
These licenses allow it to offer trading services in over 100 countries. We waited for 1-8 minutes before being connected to the customer service team via the live chat function. We were advised to initiate our next withdrawal via bank transfer, which we did, and the funds arrived on the next day. We encountered a hitch as our two Neteller withdrawal requests were declined. Axi’s customer service reps told us that our first Neteller withdrawal was cancelled due to a technical error, while the second withdrawal was cancelled because we had made our last deposit via credit card.
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AxiTrader also includes excellent trading conditions which are readily available to all and not just an elite class of institutional customers. The tight spreads and fast executions are a great advantage for all traders. The technology adopted by AxiTrader is among the maximum caliber, making sure that it is fast, reliable, and effective.
- The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument.
- However, the platform does not provide trade ideas or fundamental reports that could affect certain instruments.
- There are a number of methods to finance your account with AxiTrader.
- This facility is applicable only for customers from the European Union.
Similarly, reviews on Forex Peace Army highlight the broker’s competitive spreads but also mention occasional slippage and execution delays. Established in 2007, AxiTrader has grown to become a well-respected name in the trading community. Headquartered in Sydney, Australia, the broker offers a wide range of financial instruments, including forex, CFDs, and commodities.
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All account types are accessible from mobile devices on both Apple and Windows apps. Overall we found the main Axi offering that adheres to access online trading world with ease for the fresh graduates, as well sophisticated enough solution for experienced ones. A truly comprehensive range of tools, at the AxiTrader’s mainstay MetaTrader 4 brings a very competitive technical solution to trade through market making execution. As for the important question about margins, Axi offers access to flexible leverage options. In addition, the broker is a popular choice among Australian traders and worldwide investors that were convinced about the Australian service providing. Axitrader has been facilitating trade on the financial markets for over 18 years.
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As a result, selecting the right trading platform like Axitrader requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Axitrader available, each with unique features, fees, and regulations. Furthermore, Axitrader provides tailored trading services to different jurisdictions to better serve their clients and comply with local financial laws with support for the popular MetaTrader 4 trading platform. AxiTrader has carved out a prominent place in the world of online trading. Renowned for its robust trading platform and competitive offerings, this broker attracts both novice and seasoned traders alike.
Trading Instruments
AxiTrader Limited is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiTrader is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances.
The platform allows you the chance to access your trades anytime, anywhere as it can be downloaded on almost every device, that means Windows, Mac, Android, IOS, and WebTrader. In order to open an Islamic account with Axi, you need to get in touch with their customer support and request an account opening. The broker will request some proof and they’d have the right to accept or deny your request.
AxiTrader Customer Support
Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. As a new client of Axitrader, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Axitrader in your region. Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Axitrader trading losses are always limited to the current balance of funds in the trader’s account.
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We recommend that you open your account with the UK entity since it is the only one that offers deposit protection to traders if it is available to you. Note that the content on this site should not be considered investment advice. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site. To maintain online security, AxiTrader does stringent compliance checks as per the standards of various regulatory authorities, AxiTrader keeps client funds in segregated trust accounts in top tier banks.