So clients can always rest assured of personalized support. The broker has an international team of customer support representatives from 12 countries. They can also share their strategies will millions of other traders who use MT4.
This ensures that trades are executed at the best available price, which is essential for traders looking to capitalize on market movements. One of the main reasons traders choose AxiTrader is its reliable platform infrastructure and fast execution speed. These features are crucial for traders who aim to optimize risk management and achieve higher profitability. These tools are designed to improve decision-making, enhance trade execution, and allow traders to act quickly on market changes. These include charting tools, technical indicators, and market analysis resources that help traders make informed decisions. AxiTrader provides traders with access to a comprehensive set of trading tools that are integral to success.
When we tested the Axi email support, we got an autogenerated reply acknowledging receipt of our inquiry but did not get any feedback from a live agent after several hours. When our team tested the online live chat support, we got a response as soon as we started the chat and there was no wait time and the answers to our questions were relevant. The books cover trading strategies, psychology, MT4, and other important trading concepts. Axi Academy is free and you can gain essential trading knowledge by taking these courses.
They offer several different account types, these include STP, ECN, and cent accounts, along with market execution, Making six figures per trade, he also trains traders working in banks, fund management, and prop trading firms. Larger withdrawals or withdrawals from accounts that have not been actively traded may require additional processing time to ensure compliance with anti-money laundering regulations and other legal requirements. Due to this, we must conclude that AxiTrader is a better option due to its lower fees, commissions, and spreads. Moreover, AxiTrader provides a more suitable trading environment for both beginner and advanced traders.
Email Support at Axitrader
Make sure you’re fully aware of all Axitrader fees and services. Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. Axitrader have won numerious industry awards over the 19 years they have been operating as a financial broker. Axitrader is a global trading platform in the sense that it operates in 193 countries including nations in Africa, Asia, Oceania, and Europe. Before trading online with a broker like Axitrader you should be sure they’re legitimate online agent.
Axi offers a comprehensive instructional program, which makes it a great alternative for new traders. To minimize confusion, customers have a single brokerage account with AxiTrader but can have many subsidiary profiles in the shape of trading software logins. Axitrader is not a fraud but has been recognized repeatedly for its dependability, offering low-risk Forex trading.
- The funding account process is also significant in a trader’s trading journey.
- Axitrader provides a demo account that enables individuals to explore trading before investing their funds.
- Axitrader is a great platform that offers free eBooks and good trading conditions.
- Axi requires a minimum deposit of $0 for the Standard and Pro live account types if you are registered with its FSA-regulated entity.
- The number of available instruments is the same across all account types.
- We look forward to continuing to support you on your trading journey.Regards,Axi Team
To trade with the elite account, professional traders need to deposit a minimum of $25,000. The minimum deposit amount for retail traders is 1 unit of the base account currency. Yes, AxiTrader is an FCA-regulated forex and CFD broker that uses the market maker trade execution techniques.
Axitrader Fees Explained
It’s important to note that AxiTrader does not charge any deposit or withdrawal fees. Additionally, the Standard account has a minimum spread value of $4, whereas there is no minimum spread value for the Pro account. Spreads offered by AxiTrader start from as low as 0.0 pips for the Pro account, and the minimum spread for coinbase forex the Standard account is 0.4 pips. However, traders should be aware of potential delays that may arise, particularly when scalping or withdrawing funds. Overall, AxiTrader maintains a generally positive reputation among customers on Trustpilot, with many clients reporting a positive trading experience.
Explore our offers and make the most of trading with us. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. Filippo Ucchino started his trading career in Forex trading in 2005.
Algo Trading Review
AxiTrader can be considered safe to trade forex and CFDs in Australia. The ASIC regulatory license makes AxiTrader safe for traders in Australia. We have reviewed AxiTrader comprehensively and honestly to assist the clients in choosing a suitable broker in Australia. AxiTrader is regulated by 2 top-tier regulatory authorities and could be a good choice to trade online coinjar reviews in Australia.
- AxiTrader offers a diverse range of trading tools and features designed to meet the needs of all types of traders.
- Should you manage one portfolio at this Australian broker with international reach?
- This means you cannot lose more than you deposit in your account, though if you have more than one account, the balance of one can be used to cover the other.
- Forex traders should be smart enough not just to make lucrative trades, but also to choose a broker who can best meet their requirements.
- Step 5) Provide your date of birth, residential address, and nationality, then click ‘Verify my account’.
- Perhaps the most unique feature of Axi is AxiSelect, offered to users trading under AxiTrader Ltd.
You can start using the MetaTrader 4 platform with Axitrader in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. However, if you’re looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
Forex
Cannot close or open a trade. We’re delighted to hear that you enjoy our tight spreads, fast execution, quick withdrawals, and the ability to withdraw in USDT. We’re glad to hear these aspects of our service have been helpful for you.We understand your concern regarding the account migration from OFM to Axi. Hi Mohamad,Thank you for sharing your feedback and for highlighting our fast response to enquiries and the flexibility of our trading options. We’re thrilled to hear that you consider Axi the best broker around and that you’ve had such an amazing experience with us. The best broker around.
Forex Economic Calendar– The Forex economic calendar allows you to stay updated on the latest news, market indicators, and important events. If you have an AxiTrader account, you can access DupliTrade free of charge. Available free of charge, this tool scans the markets continuously, automatically identifies opportunities, and informs you about it. You can download MT4 for Windows, iPhone, Android, and Mac computers or you can use MT4 WebTrader, which allows you to access your MT4 account in browser. The only difference is that you will be trading with virtual money, not real funds. A demo amount gives you the opportunity of trading in an environment that is similar to the live trading environment.
You can use the required margin calculator to determine the margin required for your trading position. There are adaptive candlesticks that help you see supply and demand dynamics in the market. Pelican Exchange is regulated by the Financial Conduct Authority.
Having a well-defined trading plan is essential to success in Forex trading. This feature is of particular xm group review significance for scalpers who rely on quick “in and out” trading strategies. However, high leverage often means elevated risk, thereby necessitating prudent risk management strategies. AxiTrader provides a transparent breakdown of its spread and commission structure.
Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere. Axitrader allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. The Axitrader MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. You cannot trade real assets like stocks, shares, commodities, indices and ETF’s on the Axitrader MetaTrader 4 (MT4) trading platform. One of the standout features of MT4 is its charting functionality, which allows Axitrader traders to analyze price movements and make informed trading decisions.
The commission fees can be higher, depending on the instrument you are trading and the size. Average spreads during peak trading hours for majors like EURUSD is 1.4 pips on the Standard Account and 0.3 pips on the Pro Accounts, but this changes as the market moves. The spreads on Axi depend on the instrument you are trading and your account type.
This is also something to look forward to when trading with AxiTrader. What’s best as well about the service and assistance being offered by Axi is that the firm offers free eBooks. There are dedicated account managers whenever you need a direct point of contact for more personalized service. You can reach support via phone call, email, and live chat. Customer support of AxiTrader operates 24 hours a day, five days a week. If funds have not arrived after the indicated time, you can contact their 24-hour support team which is available 24 hours a day, Monday to Friday.