The previously mentioned facts combined with our research on Axi’s user opinions and online reviews still grants them a safe broker status. With AxiTrader, response times are typically quick, and you can expect prompt assistance regarding any issue. Their support team is trained to address your concerns effectively, offering a high level of professionalism. The broker’s transparency didn’t fail us yet again, and we did come across AxiTrader product schedule documents. A product schedule is a complete list of the products and fees offered by the broker. Further investigation will support our theories, but for now, AxiTrader didn’t let us down.

It is a non-dealing desk broker and does not pass orders to market makers. Instead, their orders are derived directly from liquidity providers, preventing it from trading against its clients. Overall, our experience with AxiTrader was smooth from opening our account, to the deposit, trading and withdrawal processes. AxiTrader offers in-depth articles on many trading topics to help traders improve their trading results.

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Its trading conditions are decent, its trading platforms are superb and the fact that it does not require a minimum deposit makes the whole package accessible to all comers. More recently, the broker has tried to appeal to customers with their offer of some of the lowest spreads on the market. For example, with their pro accounts they are offering traders close to 0 spreads on some of the major forex pairs. They have an extensive track record in the industry and are well known for their relatively attentive customer service and extensive asset coverage. They also have a range of trading platforms and give traders numerous customisation options.

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Overview of AxiTrader’s regulatory adherence highlights their commitment to maintaining a secure trading environment. The broker operates under strict guidelines, governed by various regulatory bodies depending on the region, ensuring that your investments are protected. AxiTrader provides MetaTrader 4 and AxiTrader Copy Trade platforms, that are accessible as desktop programs, web-based platforms, and mobile phone apps. First, they reach clients with the AxiTrader Affiliate and Referral Program. If you become a Master Affiliate, you can make up to $1000 USD CPA per qualified client and 10% commission on Sub-Affiliate profits. When your recommendations make trades, you are paid through the Axitrader referral program.

• It is important to be aware of the potential for loss and to only invest what you can afford to lose.
• Axi’s Pro account is definitely at the same level as most of their similar competitors.
• AxiTrader has achieved an average rating of 3.8 out of 5 on Forex Peace Army (FPA).
• It makes use of some of the most sophisticated algorithms which will analyse your own personal trading style to give you hints and tips about how to improve it.

Trading on Axitrader web platforms and other applications

This is unfortunate for those traders who like to open positions on particular companies. Surprisingly, you are not charged any fees for a deposit / withdrawal at Axi. So, irrespective of your funding method they will not charge a broker fee to it. Given that AxiTrader will have to had to have conformed with these requirements, you can feel at ease about the safety of using their services. Moreover, unlike with an unregulated brand, you know exactly which regulator to turn to should you have any issues with AxiTrader. There are arbitration processes in place that are able to deal with these issues.

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In fact, you must log in through the email they sent you with your password credentials to be able to access your Demo account. Additionally, AxiTrader maintains offices in several countries including SVG, the UK, Australia, and South Africa. They provide security to their investors by maintaining a physical presence. However, Axi offers a small number of tradable instruments, about 130, and does not offer ETFs and stocks, which is a drawback. Traders can also change the leverage level of their accounts after registration. We were advised to initiate our next withdrawal via bank transfer, which we did, and the funds arrived on the next day.

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A Axitrader demo account provides a risk-free environment for experimenting with the Axitrader platform’s features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Axitrader trading decisions. Beginners and inexperienced traders must take the time to learn how to use the Axitrader trading tools properly. AxiTrader offers its clients the popular MetaTrader 4 (MT4) platform, known for its user-friendly interface and advanced charting tools. Additionally, the broker provides a suite of trading tools designed to enhance the trading experience. These include Autochartist, PsyQuation, and AxiTrader’s proprietary trading signals.

AxiTrader offers a low minimum deposit amount, a demo account to test them out before committing, and they are perfect new traders by providing the Copy Trade platform. They have a solid reputation among traders to their dedication to transparency, legal compliance, and client happiness. Please be aware that trading in financial assets with Axitrader carries a risk of loss. Axitrader trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs, Social Trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Prospective users should be aware of some disadvantages when choosing Axitrader. However, it’s vital to understand that the platform has limited educational resources available, which may hinder beginners looking to improve their skills. Additionally, you might face high fees for inactivity and limited funding options, which could impose restrictions on your trading activities. On Axitrader’s platform, you’ll find a well-structured user interface that prioritizes ease of use. The layout is designed to ensure that you can access critical information without any hassle, making it easier to execute trades, analyze markets, and manage your portfolio.

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The broker also provides a demo account that is only valid for 30 days, which rather prevents traders from trying out the broker’s services for an extended period. The spreads are also known to widen dramatically without warning, and although variable spreads are part and parcel of Forex trading, AxiTrader accounts do witness abnormal spreads. AxiTrader should provide a high-quality trading service for traders with excellent trading conditions, but other brokers offer even better Forex products with many additional benefits.

The Meta Trader terminal is axitrader review indeed highly popular, and the broker hasn’t bothered with creating a proprietary platform just to satisfy a minority of traders. Nevertheless, AxiTrader mobile traders can also use the MT4 AxiTrader apps on their smartphones or tablets by downloading the Android and iOS apps directly from their web store. Platform performance is as expected, and traders should feel comfortable with the speed of execution and latency offered by the AxiTrader MT4 platform. The Standard account is a market maker account, which makes it susceptible to requotes; however, the Pro account is connected through an ECN Bridge that removes requotes at the expense of slippage. Axi Select sets itself apart with its unparalleled trading tools and features. The platform’s advanced charting, market insights, and customizable interface provide a tailored experience for traders.

• Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience.
• The broker offers competitive conditions that cater to both beginners and experienced traders, ensuring you can effectively manage your trading strategies without unnecessary restrictions.
• The demo account is purely for practice, while the two live accounts have no set minimum deposit.
• By doing so, traders can trade with peace of mind, knowing that Axitrader losses are limited to the funds available in your Axitrader account when negative balance protection is in place.
• To learn more about the Axitrader funding and withdrawal options available in your area, you can explore the Axitrader website.

This could help you by making suggestions which could significantly improve your trading performance. Alternatively, if you do not want to wait for a response on the email then you can always speak to them over live chat. We also used this and we were able to get an instant response from an agent at AxiTrader. Something that we quite liked about AxiTrader is that they are fairly open and transparent. They have a number of methods by which you can contact them with the fastest probably being by telephone. There are a range of different CFD products that you can trade at AxiTrader.