Axi charges no fees for funding and withdrawals to or from a trading account, up to a value of USD$50,000 per month. Axi Withdrawal requests will be processed within 1-2 business days upon receipt. Traders can kick start their trading with zero spreads and fast execution speeds using the Axi pro account. The standard account features no minimum deposit requirement, flexible spreads starting at only 0.4 pips, and no commission fees.
- These rules limit the amount of leverage offered to EU clients and the way in which financial services are promoted.
- I’ve experienced long day before I received my fund to my MT4 platform but in second funding I received in just a minutes.
- They are also one of a few brokers that accept cryptocurrency payments with Bitcoin.
- If traders are looking for brokers with elite class regulations, Axi can be the right choice.
Variable spreads start at just 0.0 pips on the pro account, and there is a $3.5 commission on one side while trading a standard lot. If you require the tightest spreads, this account may be the best option. The broker pays cash rebates under a partner or referral program. Axi is an award winning, regulated online broker created by traders for traders. They offer tight spreads, low commissions, rapid trade execution speeds and a range of different markets. Advanced platforms and trading tools ensure an excellent trading experience.
What funding options does Axi offer?
Trading with Axi will involve fees from $3.50 USD, Spreads from 0.0 Pips, and commission-free trading depending on the account traders select. The minimum deposit amount required to register an Axi live trading account ranges from $0 USD – $25’000 USD. Backed with the reliable MT4 trading platform, Axi offers you the confidence that your trade will be delivered at a very fast speed. Axi offers a reliable ECN execution of trade orders with no dealing desk intervention. An ECN model of operation boosts client trust and allows for breakneck execution speeds. For more than a decade, Axi has built strong relationships with top liquidity providers around the world.
- While Axi offers a good support service, they do not deserve our top mark here since they do not offer support service over the weekend (only Mondays to Fridays), unlike peers such as IC Markets.
- The educational centre offers chart tools that provide concise information on various commodities, equity indices and currency pairs.
- The broker offers a quick fully digital account opening process that should only take a few minutes to complete.
- Overall, Axi can be summarised as a trustworthy broker that is regulated by two tier-1 regulators (highest trust) and one tier-2 regulator (medium trust).
- Axi allows traders to use the world’s most popular trading platform, MT4, to trade the over 150 trading products it offers.
Besides lots of currency pair,
Axi also offers some instruments you would like to trade on, such as
Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals and Crypto for your best choice. Somehow, remember that different instrument
has different trading conditions. In this case, you have to make sure that your strategy is well
suited for the instrument you chose.
You will find a good choice of trading tools that can be used for assisting with your trading. I like that they are providing signals, chart analysis, multiple account management and more. 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. It doesn’t matter if I am sat on the sofa or even in bed, I can fire up the app and see what is happening. It is also great for getting notifications as soon as a price level is reached which saves me constantly checking the charts. I personally prefer the MT4 desktop platform as it has all of the features and functionalities.
New fund alert: ‘Axis India Manufacturing Fund’
Of course, both forex/crypto and commodities involve the use of leverages, but the former requires a lot more leveraging than the latter. According to Axi, trading commodities on their platform is less about trading in the actual materials and more about trading the underlying price movements of the relevant commodities. Worst forex firm I ever seen, I registered then I could not login again, am wondering system asks for Mt4 credentials while am not able even to login to my dashboard to open mt4 account!! Am just imagining if this happend during live trading urgent action required !! Can’t trust them again, they have serious system issues, support is bad late reply non profissional reactions. Axi has a huge advantage over its competitors in terms of inactivity fees as the broker does not charge any inactivity fees from the traders’ accounts.
How do I contact Axi customer support?
Having this many regulators is not a small feat for any broker and Axi has the potential of becoming part of popular broker lists if they make their spreads and fees a tad lower. I’m using Axis at the moment all is fine except that last time I lost almost 800USD due to the rollover.I asked them for the reclaim they said they can’t do anything about it. You guys should inform your client when you see that there is an open overnight trade. Or at least inform the client about the dates and the products of the rollover when you see that traders use them.be Fair mate.I HOPE IF I CAN GET MY USD800. I loved trading with axi until my account was suspended but they are the best when it comes to trading. Axi is a licensed broker, which means it must adhere to strict laws and standards in order to safeguard its customers.
In general,
Axi provides trading service in
Forex , Gold & silver , CFD , Oil , Stocks , Indexes , Metals and Crypto . As for the payment methods, you can choose between
Skrill, Wire transfer, Credit/debit cards, Neteller and BPAY. The customer support is available via
Email, Web form, Phone, Live chat and Skype. Funds can be deposited via wire transfers, credit/debit cards, and electronic wallets.
Axi Best Countries by Traders
On the other hand, when it comes to pretty much any other asset class, they’re well below their competition. 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. This means that in addition to classic currency pairs such as AUD / USD, GBP / USD and EUR / USD, there are also minor and exotic pairings. Minor, exotic and cross pairs can have more movements due to thin liquidity which can present significant profit opportunities albeit with a more high risk. This forex platform is the most popular globally based on its functionality, ease-of-use and automated trading.
I would recommend Axi to any beginner trader and even expert traders, as they will walk and guide you in your journey of trading as they are walking with me. Thank you Axi, I really appreciate you, you the guys are the best. Beginners will enjoy the standard MT4 and accompanying tools, especially those available from MT4 NextGen, while advanced traders and can connect directly with value-added third-party services. Myfxbook Autotrade is a one-of-a-kind social and copy trading community programme that encourages collaboration and idea-sharing. It accomplishes this by linking forex traders to their forex trading accounts.
It is important to emphasise that signal performances are based on historical performance and there is no guarantee on future performance. If you are looking for a dedicated social trading platform, then eToro would be my top choice. Whilst this can be a good hands-off solution for those who do not have the time or knowledge to trade by themselves, I find the signals to be hit and miss. I would much prefer to use my own strategies as I like to know when and why a position was taken.
Deposits and withdrawals can take anywhere from instant to 3-7 business days, depending on the payment method used at the time. There are no costs or fees for deposits and withdrawals axi review by Axi, which gives it a massive advantage over some of its competitors. You need to make sure that any deposits to your trading account are made from an account in your name.
The calendar is organised chronologically, detailing any events that occur inside a day and the time they occur. You may use the filters to look at any certain day, week, or month; simply choose the unique dates you wish to observe. There are two Axi account types that impact the fx broker costs when trading with Axi. «Created by traders, and for traders» is a mission carried by Axi since its foundation in 2007.
IG Review 2023: Fees, Platforms, Apps, Safety, Pros & Cons
MT4 mobile is freely available to download on both Android and iOS via the relevant app stores. Nice brokerage, good spreads and overall good customer support with setting up trading account. The first criteria that prospective Axi customers need to consider is their location, as Axi primarily operates in the UK and Australia due to the licensing it’s received from ASIC and the FCA. Meaning that their platform is provided by the company known as MetaQuotes Inc. 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.
Axi Safety and Security
The mobile trading capability is particularly important in any review of trading platforms as most traders operate from mobile phones, and Axi performs quite well on that metric. Both Standard and Pro accounts require no minimum deposit to enjoy Axi’s trading experience and highly competitive spreads. Our Axi review above explains the wide range of financial instruments for trade like oil, silver, gold, CFD, etc. Traders can choose from 50 different types of currency pairs like AUD/USD, JPY/EUR, EUR/USD, AUD/CAD, etc. The market is open 24-hours and one can trade at any point of time suited to their needs. It offers low-cost trading with best in class risk tolerance limits and different types of assets to choose from.