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In addition to the above, the broker also posts daily market updates. Axi offers several cryptocurrency products including Bitcoin, which is the most popular and largest crypto by market capitalization.

AxiTrader forex

From its pricing spreads to its key features, this AxiTrader review dives deep into the core of AxiTrader & highlights what the broker puts forth for its users. They offer two account types, standard and pro.Apparently the only difference is the $7 commission in the “pro” per operation against 1 extra pip in the “standard”. AxiTrader sees itself as one of the treding axi largest and leading forex brokers worldwide – and not without reason. The reviews on the internet are predominately positive, which is due, among other things, to its 24-hour customer service as well as the wide range of currency pairs and CFDs. Our Axi review above explains the wide range of financial instruments for trade like oil, silver, gold, CFD, etc.

AxiTrader Overview

He also owns Innovate Online offering digital marketing services with over 20 employees. AxiTrader offers the popular app MetaTrader 4 to its clients and does not have a proprietary trading platform. Traders can trade via the broker’s website, as well as via the mobile and desktop MT4 applications available via Axitrader download. AxiTrader offers multiple ways of adding or withdrawing money from the account.

  • 🙂 We’ll talk about MT4 NexGen when we get to the assessment of Customer Service.
  • The average spread for Crude Oil WTI is 0.05 pips, whereas for Gold is 26.82 pips.
  • There are various options for funding your account, including bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller.
  • The revenue collected by AxiTrader makes it one of the top 10 retail brokers in the global forex and CFD market.

The information is based on a relatively large sample of retail traders. Everywhere you look, it seems that everything this company does is aimed at improving the trader’s experience. Pro accounts are specifically good for scalping-type EAs, since they have much lower spreads. ASIC axi broker is the regulatory watchdog that oversees securities and investments markets in Australia. I have been in this country for 5+ years, and know first-hand what a tight ship they run. As a brand, AxiTrader generates high volumes of cash through its operations and transactions.

AxiTrader Regulation

AxiTrader – one of the best forex brokers, is offering its service for more than 70 currency pairs. This gives the broker ample coverage in the forex trading market.

AxiTrader forex

It is not for nothing that AxiTrader has been designated the “Most Reliable Forex Broker.” The online broker is known in the industry for its outstanding customer service. AxiTrader values honest communication with its customers as well as authenticity and general transparency in all trading processes.

AxiTrader Review – Research

It can build an online investment portfolio and organize trading accounts and help users monitor these accounts from a unified interface. Traders can automatically check the data with its innovative tools that run statistical analysis. It also allows them to see their trading performance via third-party audits. MT4 WebTrader also makes an ideal replacement for the traditional MT4 application in terms of functionality and mobility.

AxiTrader UK Review

It is also worth noting that you have the ability to change to a Pro account as you progress. The second key step in the process of creating a full account is verifying your identity. Again, as with the demo account registration, the information that is contained within Forex brokers this form is subject to encryption, meaning that your personal data is completely safe. Of course, the trial will expire after 30 days, so once your demo period has finished you will need to create a full account in order to continue trading with AxiTrader.

By law, customer deposits must be kept separate from the company’s capital. In addition, all transactions must be precisely recorded, so that, in the event of fraud, there is enough transparency to retrace the matter. Needs to review the security of your connection before proceeding. Axi Select is our programme that identifies the most promising traders and turns them into professionals. They have a good education system that is ideal for beginner traders and they are flexible enough that they are a good fit for new and experienced traders alike. Their automated signals and technical analysis are brought to you through the AutoChartist folks. There is regular fundamental and technical analysis provided by the team at AxiTrader and there are daily news and blog articles published on the site.

AxiTrader Review – Pros & Cons

It is extremely easy to get in touch with a member of the team if you give them a call and they cater for more than a dozen languages. If you choose to use the pro account, you will be faced with a round turn commission of $7 for a standard lot of 100,000 Forex brokers units. A longstanding broker, AxiTrader stood the test of time and achieved tremendous success in the brokerage industry. Despite its premier status, there are still features that remain to be desired from the broker to offer to its clients.

The verification for customers is also part of the necessary security regulations that AxiTrader requires of its users. This can also prevent fraudulent intentions, since opening a trading account using a fake identity is not possible. Currently, AxiTrader has revenues of over 100 billion USD and was one of the top 10 Forex brokers worldwide.

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