The powerful and reliable trading platforms are available in numerous languages. You can trade from your computer or mobile with all of the tools needed for analysing the markets, placing and managing positions. Established by a group of traders, they have an understanding of what traders need and thus offer tight spreads, minimal slippage, fast execution speeds and multi-lingual global 24-hour customer service. I have tried many brokers over the years and found them to be one of the best brokers for trading online within a secure and highly regulated environment. Axi is a Forex broker that stands out for its operational efficiency, transparency, and comprehensive regulation.
MT4 is the market leader in algorithmic trading and remains the most versatile trading platform. It is available as a desktop client, where traders get the full functionality of MT4, a light web-based platform, and a mobile app. Axi offers a trading platform that is not only powerful but also intuitive. The user-friendly interface makes it easy for both beginners and experienced traders to navigate the platform effortlessly, facilitating a smooth trading experience.
Axi Trading Fees
There are two Axi account types that impact the fx broker costs when trading with Axi. Featuring no swap fees or interest payments, this account is the ideal solution for those who are unable to earn or pay interest due to religious beliefs. Simply send support a request and they can switch your account over for you if you follow the Muslim faith. This is yet another excellent tool provided by the broker and something that I have not seen implemented by many others. If you want to take advantage of this tool, BlackBull Markets are an alternative option who also have it.
The competitive pricing is one of the reasons I chose Axi as my primary trading platform. During liquid times the spreads may go as low as 0.0 pips on Pro account, and the broker truly adheres to ensure costs at the most competitive available. Axi also offers various online courses right from basic Forex introduction to in-depth market analysis. The broker offers several educational videos which the registered traders can watch free of charge and get enlightened. In addition to the above, the broker also posts daily market updates. Customer support is provided via online chat, telephone and email whilst clients get their very own dedicated personal account managers for a more personalised service.
Knowing that I can rely on Axi for seamless execution and real-time data gives me confidence in my trading decisions. The platform’s fast order execution is a key feature that traders value. Axi ensures that orders are executed swiftly, enabling traders to take advantage of market opportunities without delays. Overall, our experience with AxiTrader was smooth from opening our account, to the deposit, trading and withdrawal processes. Axi offers different leverage levels to its clients depending on the entity under which they registered their accounts. We placed 3 trades for each instrument to get a complete picture of the average spread.
Great platform to use
The automated trade journal can help to improve trade analysis by automatically recording your activity. If you want to find areas in which you can improve, this is a great tool. I am a huge fan of trading apps, primarily because I am able to check the market prices and how good or bad my trades are doing at any time.
Recommended Forex Systems
The platform’s intuitive interface and robust tools make trading a breeze. I love how responsive the customer support team is—they’re always there to assist promptly with any queries. Axi requires a minimum deposit of $0 for standard accounts, making it accessible for beginners who want to start trading without committing large sums of money upfront. However, more advanced accounts might have different deposit requirements. Deposit options for client funds include bank transfer, credit card, MasterCard, Skrill, BPAY, China UnionPay, bank wire transfer, MoneyBookers to Neteller can be used.
Spreads
The clients of Axi can deposit and withdraw funds from its trading accounts through bank wire transfers, credit cards (the most important like VISA and Mastercard), Bpay, and Skrill and Neteller. AxiTrader and Alpari offer a similar selection of tradable financial instruments, including forex, indices, and cryptocurrencies. However, there are also some differences as Alpari also offers ETFs and stocks, while their selection broker liteforex of forex pairs is significantly smaller than the one offered by AxiTrader.
We tested the Standard Account with AxiCorp Limited which charges a spread on all tradable instruments. The broker’s average spreads for the popular instruments in each market was below industry averages. Autochartist provides the bulk of research content at Axi, but the Axi blog also features a weekly market review.
- At the first stage and as a new to trading, you also can open a free 30-day trial Demo account with a virtual cash balance of £۵۰,۰۰۰ to practice skills and touch a trading process in a “real”.
- After uploading the correct documents the company promptly verified my ID.
- AxiTrader makes it simple for their clients to choose an account by offering only two different account choices.
- Had to wait a week or more per email response and kept being asked the same thing.
Axi accepts traders from the UK oanda review and South Africa and has an office in each. Traders from Malaysia, Singapore, and Canada may also open accounts at Axi, but US traders cannot trade at Axi. The only requirements are name, country, e-mail, phone number, and application type, which took me less than 30 seconds to complete.
The customer service is always available and ready to solve any doubts. In addition to its trading services, AxiTrader also provides a range of educational resources to help traders improve their skills and knowledge. These resources include webinars, articles, and trading guides, as well as a free demo account that traders can use to practice their trading strategies in a risk-free environment.
DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.