AxiTrader mobile trading app connects your main MT4 trading terminal to give you trading flexibility to the maximum. You can follow all the ups and downs with real-time updates by viewing live pricing. It allows you to spot new opportunities and cut down money management errors by the use of its correlation trader feature. Also, it has an economic calendar that alerts you to huge events that enable you to stay on top of the market action. You can get better analysis and reporting by the use of an automated trade journal that automatically records your trading activity. This platform allows you to enter and exit trades faster and apply complex order types with speed.

• It is also customizable and gives you updates on the latest market development news.
• However, traders who prefer the MT4 platform will be right at home with AxiTrader.
• This compensation provides an additional layer of security for your investments.
• CFD fees are not so high either; for CFDs, the trading fees are average.

They recommended we do a bank transfer, which we did and were successful. You can run most types of trading strategies as the broker allows high-risk strategies such as hedging and scalping. All the deposit methods offered by Axi are instant and free, we did not make a deposit via bank transfer. Finally, we withdrew our funds to determine if the withdrawal process was smooth. Once you’re on the Customer Portal, select Withdraw Earnings (on the left-hand corner), select the appropriate withdrawal mode for your account, and then follow the instructions. When using the same asset, Axitrader permits two trades in opposing ways.

• Further investigation will support our theories, but for now, AxiTrader didn’t let us down.
• Look specifically for the license type and status to ensure that the broker is authorized to offer the services you need.
• More than 220 forex and CFDs can be traded on its MT4 platform.
• XTB is currently among the best-known broker platforms in the world.
• So that newbies or experts don’t face any problems and trade on their own.

But don’t just take our word; customers awarded XTB with multiple awards, and it is well known for axitrader review its outstanding customer service. For example, every customer has access to dedicated 1 to 1 support for every client and a learning center with tons of resources. Which includes all the features of a standard account, such as the use of EAs. This platform offers convenience, increased automation, and broadened functionality. Please note that this is only available to approve and regulate operators of discretionary accounts or managed investment schemes. Please note that MT4 NexGen is free to all traders who open an AxiTrader live trading account with a minimum deposit of $1,000, and be aware that losses may exceed the deposit.

With low latency execution and deep liquidity, AxiTrader makes it easy to join the world’s biggest trading market in all possible ways. Australian FX broker regulation, however, does not include any compensation scheme in case a licensed company becomes insolvent. The top tier regulation and multiple awards make Axi worthy of trading different instruments. However, Axi offers a small number of tradable instruments, about 130, and does not offer ETFs and stocks, which is a drawback. We reached out via the live chat function and the second agency gave us the correct reason why our Neteller withdrawals were cancelled.

Review of the deposit and withdrawal

The first agency we dealt with told us that our Neteller withdrawal was cancelled due to a technical issue. AxiTrader offers in-depth articles on many trading topics to help traders improve their trading results. Axi provides research tools via the MetaTrader 4 platform’s in-built features.

FSA in Japan:

Axi also provides the Next Generation of MT4 (MT4NexGen) to experienced traders. The platform is packed with updated and proven features that improve trading, such as sentiment indicators, correlation trader, alert manager, automated trade journals, and many others. Traders may choose from various trading products, including CFDs on underlying financial instruments such as stock indices, metals, foreign exchange, and commodities. The web-based trading platform of AxiTrader is now available in different languages.

Trading Platforms

On our first interaction with the customer service team via live chat we received an inaccurate answer to our question. XTB is currently among the best-known broker platforms in the world. XTB was founded back in 2006 in Poland and has seen steep growth ever since. More than 3,000 different assets in six asset categories are available to trade for you with this broker.

When you have open Buy and Sell trades in the same asset, you’ll be required to pay half of the usual margin amount. There are dedicated account managers whenever you need a direct point of contact for more personalized service. You can also request a callback by filling up the ‘Request A Call Back,’ and an agent from AxiTrader will get in touch with you and assist you with your needs. On the other hand, reversal patterns are signal trends when the direction changes. These signals can be used to trigger new trades because the reversal may cause a new trend to start. With that said, this can be used as a technical pattern that can serve as an advanced warning to identify potential changes in the market direction.

What Is The Best Trading Platform For Beginners?

Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-based Axi Pro account. These documents set out the terms on which Axi’s products and services will be provided. They are important documents and should be considered prior to deciding to apply for an account.

Before trading, ensure you fully understand how these instruments work and assess whether you can afford the potential losses. Axi does not require a minimum deposit, giving all traders independence and flexibility. Since Axi provides ECN and STP execution, you can expect very close spreads and greater clarity about the price you pay to execute your trades. Market makers typically have a lower minimum deposit, smaller minimum trade requirements, and no commission on trades.

However, traders who prefer the MT4 platform will be right at home with AxiTrader. Axi offers different leverage levels to its clients depending on the entity under which they registered their accounts. Axi charges low fees for all the instruments on offer including Forex pairs, indices, commodities and cryptocurrencies. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time.

Axi is an Australia based forex broker, founded in 2007 as AxiTrader, which has been operating under AxiCorp Group. For your information, Axi is one of the leading brokers on the top forex brokers list. However, initially, they focused on retail clients in 150+ countries. Axi requires a very low minimum deposit of just $5, making it highly accessible for traders of all experience levels, especially beginners who prefer to start with minimal risk.

If a firm fails, the Financial Services Compensation Scheme (FSCS) offers protection of up to £85,000 per eligible investor, ensuring you are not left out of pocket. This compensation provides an additional layer of security for your investments. The platform was modified to make it even easier to use and navigate. Meanwhile, comprehensive training materials ensure that inexperienced traders have access to all important skills and knowledge before they begin trading. Axi offers MetaTrader4 as its main trading platform, with a variety of versions that are compatible with Android and Apple devices, as well as Mac and Windows computers. Traders can also use the MT4 NextGen, a separate platform that complements MT4 and offers an opportunity to trade with additional features.

Is Axi regulated?

We were advised to initiate our next withdrawal via bank transfer, which we did, and the funds arrived on the next day. 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.