Forex Trading

AxiTrader 2022 Forex Broker Review and Test

axitrader review

The deposits through bank transfer and e-wallets are reflected within an hour while the withdrawals can take up to 5 business days to reflect in the accounts. The deposits as well as withdrawals are free of any additional commission and do not have any lower limits. Clients residing in the UK can deposit https://traderoom.info/is-axitrader-truly-a-trustworthy-firm/ and withdraw at AxiTrader through Debit/credit cards, e-wallets, bank transfers, and cryptocurrencies. AxiTrader requires the details of your trading experience before account opening. Traders need to answer a few basic questions like experience in the forex market and a few other questions.

axitrader review

Which platform is available at AxiTrader?

No fees or extra charges apply when utilising these tools and resources. There are two live accounts that have a demo period of 30 days after signing up. The only differences between the standard and pro account are the spreads and the commissions. A special feature of AxiTrader is its customer service, which is available 24 hours a day. If you are already an active customer with the online broker, you will automatically be assigned your own customer advisor as a direct contact person for questions or problems. The service team speaks six different languages and comes from twelve different countries, so that support is available for every time zone.

Axi Deposits and Withdrawals

If anyone from the axi company see this review i would really appreciate it if you can do something to help this matter as i really did trust you as a company. Axi offers a trading platform that is not only powerful but also intuitive. The user-friendly interface makes it easy for both beginners and experienced traders to navigate the platform effortlessly, facilitating a smooth trading experience. Their platform is incredibly user-friendly, making it easy for both beginners and seasoned traders to navigate.

AxiTrader Profile

It’s a valuable tool for practice, but traders should be aware of the distinctions between demo and live trading. Pepperstone is another Australian based and ASIC regulated Forex and CFDs provider with a strong offering and excellent trading conditions. Unlike IC Markets, Pepperstone needs to comply with ESMA rules for their European clients because they are also regulated by the FCA of the UK. In terms of educational material and trading resources Axitrader offers a selection of free webinars, video tutorials and eBooks as well as a standard economic calendar.

axitrader review

You can use these signals to copy trading strategies from successful traders directly to your MT4 platform. You can use this feature to gain access to thousands of ready-to-use strategies, execute trades in a simple way, and trade automatically. MT4 NexGen is available free of charge for all traders who create a live trading account at AxiTrader and deposit at least $1000. Before you open a live account, read the online broker’s client agreement document, execution policy, and CFDs & forex product schedule. There is no minimum deposit at AxiTrader across their different account types. This means you are free to deposit whatever amount you are comfortable trading with.

Overall, the broker covers the most demanding markets to trade, also UK residents can benefit from the Spread Bet option. In this case, the client’s funds are safely kept in segregated accounts with top-tier banks and secured by compensation schemes. As well as all online transactions, executions, or traders’ manipulations are fully encrypted and follow operational guidelines.

Hence, AxiCorp LTD, which runs AxiTrader, has not suffered any license suspension. While these issues fall under its corporate umbrella, AxiTrader continues to work as a genuine broker, expanding its market share across the globe with every passing year. To open a demo account, you have to enter your name, email address, phone number, and country of residence. You also have to express your willingness to receive promotions and news from the Forex broker and agree with its privacy policy.

Users located in off-shore jurisdictions may not be subjected to this suspension order. It is difficult to confirm how the company is mitigating this issue. AxiTrader platforms do not require upgrades as the service delivers them with their most powerful versions.

axitrader review

It has already been a week and everyday i ask them, they would either reply checking on it or ignore me. Until now their login still give me this error message and I am unable to use the account… The platform’s analysis helps me stay informed about key market trends and make strategic trading decisions. The traders that follow Muslim Sharia rules are entitled to open a Swap Free Account that is not subject to Swap Fees on FX Major, FX Minor, and Precious Metals Symbols. There is no minimum deposit at Axi, resulting in applicable requirements based on payment processors. Autochartist provides the bulk of research content at Axi, but the Axi blog also features a weekly market review.

Axi accepts traders from the UK and South Africa and has an office in each. Traders from Malaysia, Singapore, and Canada may also open accounts at Axi, but US traders cannot trade at Axi. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, https://traderoom.info/ in the commission-based Axi Pro account. Featuring no swap fees or interest payments, this account is the ideal solution for those who are unable to earn or pay interest due to religious beliefs. Simply send support a request and they can switch your account over for you if you follow the Muslim faith.

If you have a different priority, then visit our homepage and view our other forex broker comparison charts. Our most popular forex broker comparison tables are low fee, high leverage and bonus offers. All information comes from providers’ websites with each provider offering free demo accounts to trial their offering and trading currency.

To top up their demo accounts, customers have to contact customer support through live chat, phone, or email. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors. Moreover, losses in leveraged products may exceed your initial deposit. We built the website to assist forex traders in finding the right forex brokers to trade with ease. We are committed to transparency, accuracy, and comprehensive insights. It also does not have any investor protection scheme for non-UK/EU traders.

  1. On the other hand, when it comes to pretty much any other asset class, they’re well below their competition.
  2. The company (AxiTrader Limited) is a member of the Axi Group and is incorporated in St Vincent and the Grenadines, number BC 2019, by the Registrar of International Business Companies.
  3. It will show you patterns found on an instrument of your choice with a pattern quality rating.
  4. By registering high returns, forex trading has instantly profited investors worldwide.
  5. This regulation gives me confidence that they are a broker who I can trust with my funds, so I am able to focus on my trading without any worries.
  6. You can do it directly from your MT4 platform and communicate with thousands of traders.

You can choose from the standard or pro accounts that are flexible depending on your individual needs. I appreciate that all of the accounts feature simple and secure funding, advanced trading platforms and powerful tools for finding trading signals. I have tried many brokers over the years and found them to be one of the best brokers for trading online within a secure and highly regulated environment. The number of available instruments is the same across all account types.

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