These indicators can provide valuable insights into market movements, allowing Axitrader traders to potentially stay one step ahead. Let’s explore each of these trading platforms in detail and what options Axitrader gives you. Axitrader may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients.

Axitrader Trading Accounts Offered

• You can also make use of some of the other neat features on Zulutrade including an account management suite that is equipped with advanced risk management tools.
• Duplitrade allows you to automatically duplicate the actions of other expert traders on the platform directly in your trading account.
• Their mobile application is designed to mimic the desktop experience, ensuring you have all the crucial tools you need right at your fingertips.
• The spreads and commissions at Axi are based on what sort of account that you register with them.

He has several years experience in the forex trading business and has started to trade in Bitcoin and other crypto markets too. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. Well, if you are looking for a well run and fully regulated broker with strong customer support and a reasonable product offering then it could the broker for you.

Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. As part of our Axitrader review, we review customer service options, response times and problem resolution effectiveness on the Axitrader trading platform. The Axitrader trading platform supports multiple languages, which includes English, Chinese, Spanish, German, Japanese, Russian, Romanian, and Arabic. Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature.

• There are other fees that you are likely to incur that are related to the CFD product.
• When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds.
• Moreover, losses in leveraged products may exceed your initial deposit.
• However, you cannot withdraw funds back to a credit/debit card even if you funded your account using this method.

Axitrader is a Multi-Assets Trading Platform with over 170+ Assets

As mentioned in the fees section, with the pro account you have much lower spreads than the standard account although you do have to pay lot commission. There are two types of live accounts and these are the standard and the pro accounts. These basically differ according to their fee structure as well as the amount of leverage that you can employ with them. There are a range of account types that you can choose from at AxiTrader. These include the demo account as well as two different “live” accounts.

Axi (AxiTrader) Review 2023 – The Good and the Bad

With Axi, you can trade CFDs online and access a wide range of markets, including Forex, CFDs on shares, indices, commodities, precious metals, and more. Axi is a top global broker trusted by thousands of customers in 100+ countries for its innovative, axitrader review customer-focused approach and competitive fees and spreads. It’s important to note that with the Professional Account, you may encounter features like higher margin requirements and varying spreads based on market conditions. The potential for higher returns comes with increased risk, making it important for you to implement strong risk management strategies. Stay informed as these factors can significantly impact your trading results. An advantage of the Professional Account is that it caters to experienced traders who require higher leverage and access to tighter spreads.

Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. You can sign up for a demo account to acquaint yourself with Axitrader platform. You must be diligent and thorough in your Axitrader review selection process to safeguard your hard-earned money. It’s crucial to do your due diligence and research the reputation, track record and trust worthyness of Axitrader. You must also ensure the Axitrader broker’s profile, trading tools, fees and regulation aligns with your needs and goals.

Does Axitrader offer CFD trading?

Hence, if you already have an account with one of these providers then you can link up your account with them. If you do not have an account then you can easily create one straight from the AxiTrader website. When you have it open and you spot a potential trading opportunity, you can quickly hit the “view” button and it will open the chart in question. This will allow you to quickly place the trade should you still find it favorable.

These tutorials help those traders new to the MT4 platform about how to set it up and make the most of its functionality. You can also set the platform up to receive notifications via the app, email or an SMS. These alerts could be set at the intraday level in order to provide up to date suggestions for improving your trading. So, Tradency is a bridge between these expert developers and your trading account. It allows these expert developers to create their own fully tested trading algorithms. You can either run these live in your account automatically or you can choose to copy select developers.

Traders who like to develop their own trading algorithms and Expert Advisors usually tend to purchase a VPS server to run their scripts on. They also have a section that covers some of the latest charting setups from a technical analysis perspective. However, this seems to be quite outdated and has not been updated since October in 2018. Lastly, if you think that your trading is impressive then you can always export your trading data and use it to secure external funding from investors. Not only will it analyse your trading history and make suggestions around this but it will also make use of the reams of trading data that it has gathered over the years.

Customer Service

The second type of account is the MT4 Pro Account, which acts as an ECN account that connects traders to a global liquidity provider. I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader. Stop Loss orders are guaranteed only during market hours and under normal trading conditions. MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

We opened a standard account with AxiCorp Limited, which is regulated by the UK’s FCA. The registration process took a total of 15 minutes and our account was approved on the next day, which was expected. We tested the entire process when opening our account, and it was fully digital.

What you will need to open an account with Axitrader

We tested the Standard Account with AxiCorp Limited which charges a spread on all tradable instruments. Axi charges low fees for all the instruments on offer including Forex pairs, indices, commodities and cryptocurrencies. The FCA also guarantees traders registered under the UK entity deposit compensation of up to £85,000 in case the broker goes bankrupt. Between 74-89% of retail investor accounts lose money when trading CFDs. Withdrawing money from Axitrader processing time varies depending on the method but averages 1-5 days. Please note that the list of payment methods below depends on the Axitrader Entity and the client’s Country of Residence.