The standard account requires no minimum deposit, has variable spreads starting from just 0.4 pips and charges no commission. This account does not have the lowest spreads but on the plus side, there is no commission fee. Overall, I found the cost to be the same whether you paid the commission separately or have it included within the spread. You can trade forex with a vast range of major, minor and exotic FX currency pairs with tight spreads, fast execution, flexible leverage and liquidity from 14 of the world’s leading banks.
User Experience
Simply send support a request and they can switch your account over for you if you follow the Muslim faith. XTB also provide this service if you are a looking to buy and sell cryptocurrencies. When you trade indices with Axi you trade on the performance and price movements of stocks without actually purchasing physical ownership of an asset. Index trading is popular mainly due to the diversity they offer and flexible leverage. Whilst this can be a good hands-off solution for those who do not have the time or knowledge to trade by themselves, I find the signals to be hit and miss.
TrustPilot Users’ Reviews About Axi
One user considers them a “nice enough bunch” after visiting their physical offices. He also commends their dedication to high standards of practice, especially with respect to their market access and spreads, and he has no problems with the re-quotes. Axi only permits withdrawals in compliance with established third-party transaction guidelines and stipulations. The minimum withdrawal is $5, and funds typically take 2 business days to show up on a trader’s bank, crypto, or e-wallet account, though it may take as much as 5 days for international transfers. Additionally, the target account has to be in the same name with which the trader registered on the platform. Overall, the mobile version of MT 4 comes with virtually all the functions you can find in the desktop version.
Broker regulado muy eficiente y profesional
The forex news feature provides you with the latest forex news directly into the platform. You can add your favourite news feeds and follow traders from social networks. You can https://forexarena.net/ trade on multiple variations of the popular MetaTrader (MT4) trading platform. MT4 is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).
In addition, Axi provides trading signals, a VPS, and MAM (multi-account manager) modules. Predominantly a MetaTrader broker, and rebranding from ‘AxiTrader’ – Axi now specializes in trading forex, cryptocurrencies, indices, metals and commodities. The brand has a mixed client base, with opportunities for less experienced investors, as well as institutional traders.
What Account Currencies Does Axi Offer?
The powerful and reliable trading platforms are available in numerous languages. You can trade from your computer or mobile with all of the tools needed for analysing the markets, placing and managing positions. Axi is characterized by consistent uptime and remains a stable environment even for algorithmic traders, who depend on uninterrupted connectivity and minimal lag time. Reliability is measured in more than platform speed, regulatory liability, or a comprehensive array of tools. Customers will also appreciate that Axi stands readier than most to respond to their inquiries and problems, via live chat, email, and several toll-free phone numbers. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
I would much prefer to use my own strategies as I like to know when and why a position was taken. I am a huge fan of trading apps, primarily because I am able to check the market prices and how good or bad my trades are doing at any time. It doesn’t matter if I am sat on the sofa or even in bed, I can fire up the app and see what is happening. It is also great for getting notifications as soon as a price level is reached which saves me constantly checking the charts. 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.
We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go.
On the polar negative end of the divide, there are users like this one who complain of funding problems and poor response from customer service. The tab is also customizable, allowing you to switch the view between classic and advanced modes. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
- There are thousands of signal providers to choose from and you can share your own strategy signals.
- You shouldn’t have any problems opening charts, loading indicators, setting alerts, entering and managing positions.
- AxiTrader was originally an Australian trading company, set up in 2007.
- The alarm manager can send you customised alerts which is useful if you are monitoring multiple charts at once and do not want to be at your screen all of the time.
- Generally, the spreads offered by Axi are in line with other sites.
- Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
Once you feel confident enough to trade with real money, you can then consider opening a live account. I would always start on a demo account to see how things go when trying a new system or broker. There are few brokers regulated in both the UK and Australia, both of which represent some of the more demanding compliance jurisdictions in the world, but Axi is one of them. Accordingly, residents in relevant geographies can anticipate services that are airtight in terms of safety. Additionally, in tandem with oversight from the Dubai DFSA, Axi ensures that traders from 150 countries can access the trading platform in a secure, compliant manner.
Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. Our review confirms that Axi is a trustworthy broker, backed by authorization from Australia’s ASIC and not publicly traded. With a trust score of 81, Axi axi review is considered reliable, falling into the ‘Trusted’ category according to ForexBrokers.com. It is also available in a host of locations around the world, with offices in at least 6 regional locations. By subscribing to an MT4 Forex VPS hosting service for round-the-clock access, you may improve dependability and make sure that your trades are never halted.
To start with, there is the market watch, which allows you to see all the available tradable assets, including their ask and bid prices. For services that other brokers charge considerable fees for, the Axi trading platform either doesn’t charge any at all or simply charges minimally. This means that you can still use Axi if you trade frequently, such as several times each week or every day.
You can quickly and easily fund your account with a variety of convenient options to choose from. If you are beginner then you will be happy with the plethora of educational content available at no extra cost. You can also practice trading online with a free demo account or in a live environment with a minimum deposit of just $1. All of this is topped with award-winning around the clock support. I would consider Axi to be a market leader in many aspects which I will cover throughout this review.