However, more advanced traders may find the overall asset selection limited. MT4 has a sleek and intuitive interface that’s relatively easy to familiarize yourself with. To start with, there is the market watch, which allows you to see all the available tradable assets, including their ask and bid prices. The Axi trading platform also reserves the right to charge fees for prolonged inactivity or lack of open positions on a trader’s account insofar as there are funds in it. The specified inactivity period is 12 months, and the company levies the charge within thirty business days after it elapses. From there on out, continuous inactivity will attract said fee on a quarterly basis.

• It can help traders improve their performance, which I find an excellent tool.
• The verification process can be done by uploading a picture of a valid government-issued ID card or passport.
• In the same process, they also changed their existing website from axitrader.com to axi.com to match its efforts to revamp the AxiCorp brand.
• It won an award for being number one for Customer Service in investment Trends year 2013 during Australia FX Report.

Axi supports more languages than the competitors, but the client support is better with TMGM and Pepperstone. Axi is a fully digital and user-friendly forex and CFD trading broker operating on the MetaTrader4 (MT4) platform, a trading platform that connects to brokers. Axi offers user education and a copy trading facility while using artificial intelligence (AL) and machine learning (ML) to coach users on improving trades. The standard account requires no minimum deposit, has variable spreads starting from just 0.4 pips and charges no commission. This account does not have the lowest spreads but on the plus side, there is no commission fee. Overall, I found the cost to be the same whether you paid the commission separately or have it included within the spread.

Axi Customer Reviews

They are required for opening an account, and therefore not an obstacle to new clients. The video library consists of eleven courses, consisting of numerous lessons. While the videos in each are short, they introduce each topic to new traders.

• Feel free to try them out using the demo, to see if they suit your strategy and style.
• It is important to emphasise that signal performances are based on historical performance and there is no guarantee on future performance.
• Autochartist automatically finds Fibonacci patterns such as extensions and retracements as well as chart patterns such as Triangles, Wedges, Tops and Bottoms.
• It is very easy to use and offers access to the full range of instruments, from Forex and Commodities to CFD Indices.
• Despite this, they do offer social trading to somewhat compensate for this drawback.
• This account is designed for intermediate forex traders looking to minimise spreads when trading.

This platform offers convenience, increased automation, and broadened functionality. Please note that this is only available to approve and regulate operators of discretionary accounts or managed investment schemes. It allows you to spot new opportunities and cut down money management errors by the use of its correlation trader feature. Also, it has an economic calendar that alerts you to huge events that enable you to stay on top of the market action.

Other Products and Services of Axi

The broker offers cheap commission fees, tight spreads, and quick trade order execution. These factors can all help you save in the long run and make sure you have the best conditions for your trading strategies to thrive. You can benefit from a variety of simple deposit and withdrawal methods for convenient account funding. They have a decent selection of useful trading tools, educational resources, and 24/5 customer support. Axi forex and CFD broker is ideal for experienced traders who can rely on their professional skills whilst also having everything in place that a beginner needs to succeed.

Axi Bonus for Deposits & Promotions

You can add your favourite news feeds and follow traders from social networks. However, trading with the best forex broker can reduce the risk significantly, and Axi is such a broker, which you should know by now from this Axi review. Besides, Axi neither charges non-trading fees nor deposit or withdrawal fees. On mobile trading, you will be able to get features like the web and desktop. You can get real-time pricing, watch account history, customize charts, set notifications, and more. In addition to spreads, the difference is also seen in the commission on each account.

We will look at the leverage, commission, and spreads that you will find when trading with Axi. Many of the regulations imposed by the regulatory agencies overseeing Axi, have everything to do with client protection, among other reasons. They are members of the first independent and self-regulatory organization called The Financial Commission, based in Hong Kong. The protections offered to clients by the organization include a compensation fund of €20,000 per client. The Axi subsidiary that is regulated and authorized in St. Vincent and the Grenadines is the one that is supposed to be for international clients.

Axi Withdrawal requests will be processed within 1-2 business days upon receipt. Indices are useful for evaluating a sector or a major part of certain markets. There are 17 index cash CFDs offered by Axi and the lowest spreads are for NETH25 (Netherlands 25) from 0.2 pips, SGFREE (Singapore Free) from 0.25 pips, and US2000 from 0.4 pips. CFDs for indices enable traders to speculate on the basket of underlying assets’ prices easily.

What is the minimum deposit amount required to open an Axi account?

The firm offers as well Forex pairs to trade and spread betting as possible. AxiTrader has the lowest trading fees and doesn’t have any minimum deposit required. MT4 Pro Account is the account that most professional traders prefer. It also offers raw spreads as low as 0.0, no minimum deposit, no requotes, and instant execution.

I was very satisfied with Axi

It is abundant in features but optimized for lightweight web-based performance and gives comprehensive functionality with added flexibility to trade from any internet browser on any device. Also, you can definitely use it on your Mac devices, and its functionality is incredible, and it is user-friendly but has a kind of a learning curve for trading beginners. You can simply download it completely free from a Mac-based solution. The parent company AxiCorp Financial Services Pty Ltd changed its brand name Axitrader to become Axi at the end of 2020.

Our Axi review found out that they offer one of the best trading platforms globally and other unique features. Axi (AxiTrader)’s asset offering is clearly designed for high net worth forex traders. With over 140+ currency pairs and their killer Pro and Elite account offerings, they definitely become an attractive choice for seasoned currency traders.

Spreads on the Axi trading platform are generally quite competitive and affordable, beginning from 0.0 pips. However, they can vary sharply from asset to asset, as you will see from the table below. On the downside, however, opening accounts on the site takes more time than it should, and that can easily make new users lose interest. Furthermore, the company could do better with a broader variety of research tools for users. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. Axi offers a comprehensive instructional program, which makes it a great alternative for new traders.

They are regulated by respected agencies like FCA, ASIC, and DFSA. With all of these requirements and compliance measures, safety is ensured. The best part is that the broker manages everything axi forex broker well that you won’t need support most of the time. With Autochartist, you can enjoy pattern recognition in charts, speedier analysis, flexibility in trading, and timely alerts.