AxiTrader has offers numerous types of the industry recognized MetaTrader 4 platforms. The Metatrader4 is the most extensively used trading platform via traders to trade forex as well as CFDs. Established by Metaqoutes Software Corp, the Metatrader4 platform arises with Retail foreign exchange trading an extensive variety of trading tools intended to improve at trader’s trading action. It as well comes with a form in programming language by tech savvy dealers can usage to create their personal Expert Advisors to assistance them automate the trading procedure.

  • AxiCorp is the parent organization of the AxiTrader, AxiPrime and AxiSelect brands.
  • When it comes to the Standard account type, spreads are more flowing.
  • Though, the broker can charge anywhere amid $15 to $25 for persons having international bank accounts.
  • The spread is the only charge on the MT4 Standard Account, while commission and spread are charged on the MT4 Pro Account.
  • Besides the client support methods, you can visit the Frequently Asked Questions , this can help you to get more information about your questions.
  • The mobile version of MT4 also supports viewing historical data, including your trade history.

Putting all their information out there gives a sense that this is a trustworthy and reliable broker. You see all the selling points but also clear displays of the risks of trading which, if you look at it from an AxiTrader opinion, suggests there’s nothing to hide.

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Many awards have been won by AxiTrader in services such as trading products, customer service, spreads, and other services. The platform can also be used to follow other traders by visiting their trading history, profile, and more.

Axi offers a demo account with a virtual balance of 50,000 USD that remains open for 30 days. While using your demo account, Axi will provide you with a dedicated account manager to assist you and answer any questions you may have. The demo account is an opportunity to experience Axi’s services without risking your money, but the 30-day limit is unusual – many brokers offer unlimited demo accounts . Once you register a demo account, Axi will provide you with a dedicated account manager. The demo account is an opportunity to experience Axi’s services without risking real money. Still, the 30-day limit is unusual – many brokers offer unlimited demo accounts . Traders can also access trading tools that can be integrated into MetaTrader 4.

The Trading Conditions At Axitrader

AxiTrader also offers its customers some helpful tools to help them in their trading process. MetaTrader 4 NextGen is primarily intended for more advanced traders and offers them a number of additional useful functions. This includes, for example, the Mini Terminal, which can be used to control trading more efficiently and thus save valuable time. The integrated Forex News also keeps traders up to date and provides them with relevant information. If you are interested, you can see all of the functions included on the website.

AxiTrader Forex Broker Review

This means that in addition to classic currency pairs such as AUD / USD, GBP / USD and EUR / USD, there are also minor and exotic pairings. Minor, exotic and cross pairs can have more movements due to thin liquidity which can present significant profit opportunity albeit with a more high risk. This means that they don’t use a dealing desk but instead connect their clients with an ECN network so you can trade directly with global liquidity pools. IC Markets is one of Australia’s leading Forex brokers with a very strong offering and excellent trading conditions.

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The great client support service has been rewarded by the Investments Trends in 2014. Three years later, in 2017, Investments Trends rated AxiTrader with the highest overall client satisfaction for its client service. The alarm manager alerts you with margin calls, market movements, and more. AxiTrader Forex Broker Review The withdrawal process can take 3-5 business days with Global Collect, and Bank Transfer. Neteller, BPAY, and Skrill/Moneybookers can take more than 1 day to proceed. The deposit process with Debit/Credit Cards, POLi, GiroPay, and other methods will instantly proceed in your account.

Below shows some of the key players at Axi who have one of the most experienced team worldwide. AxiTrader offers traders access to top-notch technology including unique MetaTrader 4 add-ons, features and tools such as ‘AxiTrader NexGen’. Furthermore, the new PsyQuation Premium platform is available for those traders that are looking for an even more advanced and higher performing trading platform than the standard PsyQuation. PsyQuation is being recognised as one of the world’s most advanced trading platforms for retail traders. The platform offers many powerful and unique indicators, quantitative models that are at an institutional grade level and frequently updated trading signals. Axi is a well-regulated ECN broker offering trading on multiple assets, including indices, commodities, gold and silver, cryptocurrencies, and over 140 Forex pairs. Axi has two accounts, both with competitive trading conditions, including tight spreads, high leverage, and no minimum deposit requirements.

AxiTrader Forex Broker Review

While the spreads for the main currency pairs usually average around 1.0 pips in the standard account, the spreads in the pro account usually fluctuate between 0.0 and 0.3 pips. The spreads for the minor currency pairs are, for the most part, somewhat higher. If you are interested, the individual live spreads are always available on the AxiTrader website. Like other trading platforms, AxiTrader did not develop their proprietary trading application just to fulfill the needs of a minority of traders.

The foreign exchange market has long become one of the largest segments of the overall trading industry. It actually has a traction of almost 6 trillion US dollars per day, which is far larger than any other trading market. AxiTrader has a support team that is available 24 hours a day thanks to the locations in Chisinau, Dubai, London, and Sydney. The support team is multi-lingual to provide support for all clients, regardless of their preferred language. Global support is available in six languages with company staff in 12 countries.

This support will help you get started and learn how to trade at any time of day that suits your schedule. Overall, not as in-depth as you may expect from a broker of this type, but all analysis is solid and well-written.

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In China, AxiTrader entered into a partnership with China Union Pay to help its Chinese clients process payments easily and directly to AxiTrader. Later, when their trade volume surpassed the 100 Billion Dollar mark, AxiTrader stretched its corporate brand to Germany Latin America and also to the Middle East in 2016. Clients have access to tools like AutoChartist, which is one of the top performing chart pattern recognition plugins on the MetaTrader Retail foreign exchange trading 4 platform and can be directly applied to a trader’s charts. Traders who manage multiple accounts can take advantage of the Multi Account Manager system, which allows account and money managers to manage a lot of different accounts from one location. AxiTrader has also partnered with Beeks FX and offers a discounted rate for Beeks FX VPS hosting. Trading with Beeks FX VPS ensures rapid trade execution, a stable environment and high accessibility.

AxiTrader Forex Broker Review

When trading indices, the prices are given in realtime in combination with the actual performance of the financial market. The indices can also be traded short and long and the leverage can be used flexibly to control the risk. In addition, AxiTrader promises very low spreads, which means that investors can benefit from minimal price fluctuations. In general, you can trade more than 10 top indices, including the DAX, Dow Jones and S&P with this online broker. The educational centre offers chart tools that provide concise information on various commodities, equity indices and currency pairs. The FX charts offer in-depth information on various charts and provide a suitable interpretation of the various price fluctuations.

Axi Review Areas

Generally, the spreads provided by Axi are similar to what most brokers have to offer. Axi’s average trading strategy spread in the standard account for the EUR/USD currency pair is 1.24 and 0.44 the pro account.

During the liquid times, spreads start from 0.4 pips on major forex pairs. Cross pairs and exotic pairs have higher spreads that can start from 10 and above. When you trade, you can use the MetaTrader 4 platform and trading tools on both account types. To fund your account, you can use multiple currencies such as USD, EUR, AUD, CAD, and other currencies on both account types.