AxiTrader Review: Is it a Scam Broker? Everything We Know!!

So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position. CFD trading on Axitrader allows traders to speculate on the price movements of various financial instruments against the broker Axitrader, without actually owning real assets.

• If you are a highly experienced and professional trader, the MT 4 Elite account is perfect for you.
• Forex Trading Signals– You can gain access to thousands of trading strategies and place trades automatically.
• We tested the Standard Account with AxiCorp Limited which charges a spread on all tradable instruments.
• There are various trading instruments to trade in like Forex, Indices, Shares, Commodities, Gold, Silver, and Oil.

It also offers raw spreads as low as 0.0, no minimum deposit, no requotes, and instant execution. This account covers the full market and allows you to trade Forex, Commodities, and CFD Indices from a single trading terminal. It is easy to use and has fast execution with the feature of MT4’s one-click trading. It enables you to track your progress with comprehensive trade history and improve with analysis too. It gives you access to the same depth of pricing as institutional businesses like banks, financial institutions, and hedge funds.

Axi Desktop MetaTrader 5 Platform

Stop-loss orders are especially important for Axitrader traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an Axitrader trader should use a stop-loss order can vary depending on the specific trade and market conditions. Trading Centrals Alpha Generation Indicators can help Axitrader traders better understand market trends and patterns, enabling them to make more informed trading decisions.

AxiTrader Leverage

When the market value falls, you can ‘sell’ the asset, and when the price increases in value, you can ‘buy’ the asset you choose. In order to have better trading results, you need to keep on track of the markets as well as your position. It is not recommended to use as a basis for an offer to buy or sell or the solicitation of an offer to buy or sell any kind of product, whether security, financial, or any type of instrument. Every trader is unique, and you should know by yourself which works for you. As mentioned above, this platform is available on a desktop as well as a web browser.

Research Tools Axi

By creating a Axitrader practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Axitrader demo account can help individuals to make informed decisions before investing their money. It’s essential to note that the trading instruments offered under the Axitrader brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Axitrader trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

There is a complaint that FPA does not approve all positive reviews and only approves negative ones for the sake of their business. To understand the real reviews, traders should focus on the content of the reviews. While you should consider these reviews as part of your research process, you shouldn’t make decisions based solely on them. For instance, if you encounter any user complaints, you might discuss them with the broker to verify if such issues exist. Additionally, you should review the broker’s policy and terms of service.

AxiTrader is a licensed, well-regulated, and fully authorized Australian online trading platform that allows you https://traderoom.info/is-axitrader-truly-a-trustworthy-firm/ to get started with a demo account. Sign up to trade Forex or CFDs on any device of your choice via sophisticated apps. As the holder of a demo account, you gain access to real-time spreads and speeds of trade order execution. The only difference is that you will be trading with virtual money, not real funds. The online broker credits $50,000 in virtual money into demo accounts. AxiTrader was established in 2007 and quickly grew to become one of the biggest Forex brokers in Australia.

This variety ensures that traders can diversify their portfolios and respond to market movements effectively. On average, the EUR/USD Forex spread for the Standard Account is around 1.2 pips, though it may vary depending on market volatility and liquidity. Additionally, the Pro and Elite Accounts offer spreads starting from 0.0 pips but with commission charges as trading costs.

It won an award for being number one for Customer Service in investment Trends year 2013 during Australia FX Report. Also, in the year 2017, it won ‘Highest Overall Client Satisfaction’ in the Investment Trends Australia FX Report. In fact, it won ‘Best MT4 Provider’ in compareforexbrokers.com.au and UK Forex Awards in the year 2018. Unfortunately, research is an area in which Axi does not perform particularly well.

Each trader wants to trade with a Forex Broker who truly understands their needs. In this review, we will tackle the company itself (AxiTrader), its platforms, services it offers and etc. The Axi mobile trading platform is provided through MT4 mobile and is available through iOS, Android, and your tablet devices. Again this mobile platform is easy to use and provides comprehensive access to all markets including powerfully detailed charts and tools so that you miss none of the action even on the move. This account type is available with access to the MT4 trading platform, and allows for a total of 6 allocation methods to be applied to each sub-account under your management.

Axi provides popular trading instruments, and various funding methods, with average spreads and excellent customer support. We noticed that Axi has low Forex fees, and deposits and withdrawals are free of charge. In the trading world, brokers like Axitrader, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features.