AxiTrader Review 2024️ Min Deposit, Demo Account ️

axitrader review

MT4 WebTrader also makes an ideal replacement for the traditional MT4 application in terms of functionality and mobility. The MT4 WebTrader is perfect for using its custom scripts to access a trading account on the go. The feature ensures that no trader accounts lose money when trading remotely from their mobile devices or web browsers.

Account Types

  1. Eligible Axi clients get complimentary access to top online trading courses from the London Stock Exchange-accredited Knightsbridge Trading Academy.
  2. The minimum withdrawal amount on Axi is US$50 for bank transfers and US$5 for e-wallets.
  3. I can highly recommend Axi, particularly the unit operating out of St. Vincent and the Grenadines, due to it.
  4. The Virtual Private Server of AxiTrader hosts the traders and allows them to run their automated trading solutions 24/7.
  5. Trades from signal providers are placed automatically within your account and can be stopped at any time.

Step 4) Provide your date of birth, residential address, and nationality, then click ‘Verify my account’. Education at AxiTrader has three sections—online training, basics, and trading resources. The MT4 platform can be customized to a great extent, but is a bit dated and Axi’s web platform can be slow at times. However, you cannot withdraw funds back to a credit/debit card even if you funded your account using this method. We registered our account on 1 January 2023 and it was verified on 2 January 2023. Our account was approved after submitting all the required documents.

Trading Platform

The platform’s user-friendly interface provides seamless navigation, ensuring both novice and experienced traders can execute trades efficiently. With lightning-fast order execution, Axi minimizes latency, crucial for capturing market opportunities in real time. The integration of advanced charting tools enhances technical analysis, empowering traders to make informed decisions. The platform is user-friendly, offering a seamless trading experience.

Withdrawing money is the most hectic…

Axi processes all withdrawal requests within 1-2 business days upon receipt. However, it can take longer for the funds to be transferred into your receiving account. There is no minimum deposit at Axi, resulting in applicable requirements based on payment processors. Autochartist provides the bulk of research https://forexbroker-listing.com/ content at Axi, but the Axi blog also features a weekly market review. It is well written and features charts with easy-to-understand trading ideas. Axi offers some of the best swap rates industry-wide, something I urge traders to consider who keep positions open overnight, as it makes a notable difference.

axitrader review

Advantage 1 – Axi Spreads

Considering the reputation and leverage available, the offer makes sense for people looking into trading major indices. If you are looking for more exotic instruments, then check out our other trusted brokers. This setup helps AxiTrader to offer competitive pricing on PRO account, with 0 spread and, standard account with tolerable spread fees. You can find the feedback from Elite CurrenSea’s clients on our website and in FPA. We do provide incentives to our clients to open an account with our trusted brokers, you can learn more about that in our ecs.TradersClub loyalty program. Being one of the most trusted user-generated Forex and CFD communities, FPA is making sure to mediate communication between traders and service providers.

MetaTrader 4 (MT

The fees on Axi are moderate as you can trade commission-free with the Standard Account or with low spreads on the Pro Account. You can also apply for a professional account to access more leverage. You have negative balance protection with this account, which means you cannot lose more than the amount of money in your trading account. If a trade position is unsuccessful and you have a loss, any negative balance on your account will be reset to zero. You can use these signals to copy trading strategies from successful traders directly to your MT4 platform.

Both brokers have made it incredibly accessible for traders by setting their minimum deposit requirement at $0. This is a commendable move, ensuring that barriers to entry are minimal. IC Markets offers a plethora of funding methods, including credit/debit cards, bank wire transfers, and various e-wallets.

axitrader review

Spreads start from 0.0 pips for major forex pairs and you also pay swap fees whenever you keep a trade position open past the closing time of the market. Since the FX broker has offices in London, Chisinau, Dubai, and Sydney, it is capable of offering support whenever traders require it, and this includes MT4 support. The best thing about customer support at AxiTrader is that each of its clients gets a dedicated account manager automatically. AxiTrader UK is a brand belonging to AxiCorp Limited, a company regulated by the UK Financial Conduct Authority (FCA). It is a wholly owned subsidiary of an Australian financial firm called AxiCorp Financial Services Pty Ltd. Since the broker complies with financial regulations and offers excellent customer support, clients from all over the world trust it.

Being a heavily-regulated broker, AxiTrader is widely considered safe. In 2020, the broker is compliant with several top-tier axitrader review authorities. Step 6) Answer questions about your employment, finances and trading experience then click NEXT.

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. You will find a good choice of trading tools that can be used for assisting with your trading. I like that they are providing signals, chart analysis, multiple account management and more.

axitrader review

Despite the MetaTrader 4 platform’s limitations, AxiTrader runs excellently for its traders by offering them the most cutting-edge trading tool – PsyQuation Premium. AxiTrader’s pure Forex accounts have the privileges to select assets and indices with proper diversification. Moreover, AxiTrader helps new retail traders start their first trading account before becoming advanced traders and running into the platform’s limits sooner or later. Your trades, deposits, profits, losses, and withdrawals on the platform are measured in your base account currency. AxiTrader offers an integrated tool called MAM that enables single traders to execute trades on all accounts under one master account.

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