Axi Reviews Read Customer Service Reviews of axi com

The margins are again very low at 1% while the flexible leverage enables you to better control your risk level. The pro account also has variable spreads starting from just 0.0 pips with a commission of $3.5 charged. This account may be preferred if you need the tightest possible spreads. This may be the case if you are using a scalping system that looks to take advantage of minor price movements.

Axi and his team are great . I salute them and I appreciate. They are really do job as honestly.

Part of its job is to guarantee the quick, effective, and impartial resolution of trader-broker disputes. However, this entity is not registered or regulated under the laws of a specific jurisdiction. According to the leading financial industry research company Investment Trends, Axi was the most recommended Forex trading website in Australia in 2013. This is yet another excellent tool provided by the broker and something that I have not seen implemented by many others.

Platforms

This enables you to potentially generate more significant profits with a small amount of capital.Keep in mind that crude oils are a very volatile category of commodities. Registered clients have access to Forex trading around the clock, with no limitations in regard to their skill, level of knowledge, and geographical location. The platform enables you to keep your costs on the low thanks to its competitive https://forexarena.net/ spreads, some of which are as low as 0.0 pips. Over the years following its launch, the platform has won numerous accolades for excellence, including the Investment Trends award for the Highest Overall Client Satisfaction in 2017. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.

Standard Account

The trades for the Bitcoin cryptocurrency BTC have minimum and maximum lots of 1 and 10, with a single lot equaling 1 BTC. One more option for registered clients of this platform is to trade with crude oil, which is yet another valuable commodity on a global scale. The company also has a branch in Dubai where it is regulated by the Dubai Financial Services Authority (DFSA). The platform is open to traders from New Zealand under a license granted by the local Financial Markets Authority (FMA). XTB also provide this service if you are a looking to buy and sell cryptocurrencies. You can trade cryptocurrency CFDs online with Axi, provided that it is allowed in your country of residence.

• It is a vital tool for me as I need to simultaneously run multiple MT4 platforms 24/7 for my automated systems.
• A $7.0 commission for a 1 Lot trade is similar to what other brokers such as IC Markets will charge, but it is not the lowest in the industry.
• These are spread across the major, minor and exotic currency pairs.
• I think that most of you would prefer the intuitive MT4 interface.
• When comparing AxiTrader vs Pepperstone, this app stands out as the rival company does not have separate functionality for copy trading.

Axi Broker Review: Why we’ve partnered with the Axi broker platform since 2011.

Nial Fuller is a professional trader, author & coach who is considered ‘The Authority’ on Price Action Trading. He has taught over 25,000 students via his Price Action Trading Course since 2008. Finally, the broker has bagged several industry awards from Forex-Awards.com, Atozmarkets.com, ADVFN International Financial Awards, and more. Some of the awards include Best MT4 Forex Broker, Best Forex Broker Europe, Best Forex Broker Middle East, and Best EMEA Region Broker. Commodity trading is the buying and selling of raw materials, such as crude oil, wheat, corn, rice, and so on, which are important to the global economy. Crude oil is the most traded energy instrument on this broker’s platform.

A $7.0 commission for a 1 Lot trade is similar to what other brokers such as IC Markets will charge, but it is not the lowest in the industry. The broker is an Australian based merchant that was founded in 2008 with its headquarters located in Sydney. Axi prides itself on 24-hour support, fast trade execution, tight spreads with minimum account slippage. In 2014, an Investment Trends report found that Axi forex broker had the strongest brand association as being ‘trustworthy’. This was backed up in 2017 when the Investment Trends Australian forex broker report gave it the highest overall client satisfaction. This could be attributed to the CFD broker being Australian owned, with an Australian customer support team.

Axi has a regularly updated blog, which details industry announcements and views as well as insights into economic news across the globe. There is also the opportunity to receive market and technical analysis from experts. In addition, guides and infographics provide added data for traders. The different account types offered by Axi, cater to both beginners and institutional clients.

It presents you with different customizable candlestick and pie charts. The mobile version is rather simple to use but if you experience any difficulties, you can always reach out to the live chat support. Axi relies on the third-party platform MetaTrader 4 (MT4), developed by the Russian company MetaQuotes Software. This enables clients to trade across a wide range of devices including Mac computers, iPhones, and Android-based smartphones and tablets. CFD trading with indices is another interesting investment opportunity for clients of AxiTrader. This involves a higher degree of uncertainty but if you know what you are doing, you can generate high profits with a relatively small investment.

Also, the broker will require Proof of Identity and Proof of Source of Funds before processing withdrawals through international transfers. Note that Axi currently does not offer a proprietary mobile trading app, just like some of its peers, such as IC Markets. If you already are an MT4 user, they will ask you to type in the number of your MT4 account. Then you must choose the subject of your inquiry, i.e. whether it concerns withdrawals, deposits, trading, updating your account, and so on.

Each type of live account has a distinctive minimum spread and minimum deposit requirement. Customers who cannot dabble in interest due to their religious beliefs are granted the option to register swap-free Islamic accounts. Australian forex traders have different requirements from forex brokers ranging from leverage, fees to features. This Axi review was based on our trading platform comparison, focusing on broker features as a focal point. If you have a different priority, then visit our homepage and view our other forex broker comparison charts. Our most popular forex broker comparison tables are low fee, high leverage and bonus offers.

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. AxiTrader Limited is a member of The Financial Commission, an international organization engaged in the resolution of axi forex broker disputes within the financial services industry in the Forex market. Axi (formerly AxiTrader) is a trustworthy, established broker with competitive trading conditions. A relatively high level of leverage, alongside competitive commission, ensures Axi is a good value site to trade with.

This means that proof of identity may be required before withdrawals can be approved. The platform is easy to navigate; trades can be completed quickly and effortlessly. Comprehensive education material also ensures that newbies have everything they need to get started. Versions are available which are suitable for Android APK and Apple devices, as well as Mac computers and those with a Windows set-up.

Also, UK-based retail clients’ funds are insured via the Financial Services Compensation Scheme in the event of broker insolvency, as we discussed earlier in the review. Bullion Spot CFDs are also accessible against other quote currencies, such as the Australian dollar, Swiss franc, Euro, and British pound. In addition, precious metals are also available in the form of commodity futures CFDs.

The economic calendar keeps you up to date with the latest market news and can be set to send you alerts on specific events. It is useful having the calendar build into the platform rather than needing to keep checking it externally. I always like to know what is happening around the world as the news can have a large impact on price movement. 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. You can still set standard alerts in the MT4 platform which do more or less the same thing.

The margins for trading on price movements for these agricultural products are incredibly low here at 1%. However, the spreads on standard accounts fluctuate, depending on what goods one is trading with. Axi advertises indicative spreads of 7 pips for cocoa, 30 pips for coffee, and 12.5 pips for soybeans. The minimum contract size for all available soft commodities is fixed at 0.01 lots, whereas the maximum is set at 2 lots for cocoa, 5 lots for coffee, and 10 lots for soybeans. Since this platform was created by Forex traders, it is only natural for it to offer Forex trading to its clients.