AxiTrader Review 2025 REAL Traders Report Learn To Trade Forex Best Forex Trading Course
You don’t have to make a minimum deposit to open a standard account and enjoy features such as zero commission, 80 currency pairs, single-click trading, data analysis, and drag & drop charting. You can open a free, 30-day demo account at AxiTrader and use it to learn trading strategies without risking your real money. A demo amount gives you the opportunity of trading in an environment that is similar to the live trading environment. AxiTrader was established in 2007 and quickly grew to become one of the biggest Forex brokers in Australia. The company delivers round-the-clock trading services, minimum slippage, fast execution of trade orders, and tight spreads.
Forex Brokers
Forex brokers are an important and inevitable aspect of trading the currency market. The forex market is incredibly volatile and confusing, to a large extent, and even seasoned traders sometimes struggle to make headway in it. Traders who prioritize strong regulation may lean towards AxiTrader, while those who seek ECN trading and a wider range of platform options may prefer FXChoice.
With a vast user base, AxiTrader has created an efficient ecosystem for traders, brokers, and trading platforms. I like the trading experience at Axi as the Pro account offers raw spreads from 0.0 pips for a commission of $7.00 per round lot. I also appreciate the swap rates, which accurately reflect the global interest rate environment, free of excessive broker mark-ups, as evident at many brokers.
AxiTrader Trading Tools
However, it’s vital to understand that the platform has limited educational resources available, which may hinder beginners looking to improve their skills. Additionally, you might face high fees for inactivity and limited funding options, which could impose restrictions on your trading activities. Many traders value exceptional customer support, and AxiTrader does not disappoint in this area. You can find comprehensive help and resources through Axi review and ratings. Their support team is available to assist you with any inquiries or concerns you may have. On Axitrader’s platform, you’ll find a well-structured user interface that prioritizes ease of use.
AxiTrader Review
Customer support is generally responsive and reliable, offering assistance during trading hours. When it comes to trading conditions, both brokers offer competitive spreads and a wide range of tradable instruments. However, AxiTrader has a slight edge in terms of customer support, offering 24/5 live chat and phone support.
Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. It is therefore clear that the regulatory standing of the brokerage is quite superb.
- You can still set standard alerts in the MT4 platform which do more or less the same thing.
- This flexibility allows traders to choose a payment method that suits their convenience.
- There is also a Help Center with in-depth information about deposits, withdrawals, and more.
- In the vast ocean of the Forex market, finding a reliable broker is akin to charting a course through turbulent waters.
- First, they reach clients with the AxiTrader Affiliate and Referral Program.
With a user-friendly interface and a variety of trading tools, AxiTrader has become a popular choice among traders of all levels, from novice to professional. Established in 2007 in Australia, Axi (formerly known as AxiTrader) has grown to become one of the leading names in the online trading industry. They provide advanced trading platforms, special tools, and a trust-driven trading experience under strict Top-tier regulations of ASIC and FCA.
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While the asset selection is limited, I think Axi is an excellent choice for pure Forex traders with 70 currency pairs. The broker could have offered more types of accounts, more types of trading platforms, and more markets to trade on. As the holder of a demo account, you gain access to real-time spreads and speeds of trade order execution.
- AxiTrader opens your account instantly if it is able to quickly verify your identity online.
- You should only engage in any such activity only if you are fully aware of the relevant risks.
- Both account types offer access to the popular MetaTrader 4 trading platform, a web trading station, and a mobile application, as well as a range of educational resources and excellent customer support.
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I actually run multiple instances of the MT4 platform to try out systems on different brokers. You shouldn’t have any problems opening charts, loading indicators, setting alerts, entering and managing positions. Axi are a regulated broker that must be compliant with strict regulations and standards that are put in place to protect investors. Please keep in mind that as Axi are regulated in different markets by different regulators, each are subject to a different set of rules. AxiTrader operates under the regulatory oversight of several reputable authorities. The broker is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK.
This platform comes with features such as advanced management tools, sentiment trading, and enhanced ordering. AxiTrader employs robust security measures, including two-factor authentication (2FA) and segregated client accounts. These measures safeguard client funds against potential breaches, ensuring a secure trading environment. It also does not have any investor protection scheme for non-UK/EU traders. Additionally, AxiTrader does not offer any real stocks or cryptocurrencies; it offers only forex and derivatives.
AxiTrader Ratings and Reviews from Trustpilot:
Five eBooks are also available free of charge, which you can download once you provide your name, country, phone number, and e-mail address. They are required for opening an account and are therefore not an obstacle to new clients. The video library and YouTube channel consist of a wealth of trading -related content.
For a proper forex VPS service, do not hesitate to contact the broker directly. Myfxbook AutoTrade– This is a social copy trading community app, which you can easily connect to your AxiTrader account. It allows you to follow other traders and choose the trading systems you would like to copy. 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. We have over 20 years of experience when it comes to trading online so we know what to look for. The pro account also has variable spreads starting from just 0.0 pips with a commission of $3.5 charged.
The minimum trade size is 0.01 lots, and it includes 140+ trading products and 10 base currencies. Being regulated by numerous reputable authorities is excellent, and it’s crucial to be open and honest about fees, account types, withdrawals and deposits, and other matters. We built the website to assist forex traders in finding the right forex brokers to trade with ease. Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers.
You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. The first agency we dealt with told us that our Neteller withdrawal was cancelled due to a technical issue. AxiTrader offers in-depth articles on many trading topics to help traders improve their trading results.
Demo Accounts are another feature offered by AxiTrader for practicing trading with fake funds that are available on the AxiTrader login page after you open an account. Trevor Fields is a tech-savvy content strategist and freelance reviewer with a passion for everything digital—from smart gadgets to productivity hacks. He has a background in UX design and digital marketing, which makes him especially tuned in to what users really care about.
Since AxiTrader believes that traders should implement their own trading styles and strategies, it allows them to use third-party trading signal technologies on its MT4 platform. The MetaTrader4 platform at AxiTrader comes with trading on 61 pairs of currencies and automated trading. If traders do not wish to download any trading software on their computers, they can opt for MT4 WebTrader, which enables trading on their web browser.
The Trading Sentiment Indicator lets users take a quick peek into how other traders trade certain assets. Coupled with the Correlation Trader, this tool streamlines efficiency and eliminates money management errors. The Pro Account on the axitrader review other hand offers spreads from 0 pips, and a commission of $7 per roundtrip. While some of these services are available for free, there are paid options as well.