AXI AxiTrader review 2022 ++ Scam or not?

For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography, and reputation. The very same standards apply in the case of this world markets broker review. Please go through this article on how we conduct our broker reviews. Most traders make decisions on whether a market is rising or falling when looking to place a profitable trade. As a trader, you need to know the volatility and trend of the market you want to trade-in. When the market value falls, you can ‘sell’ the asset, and when the price increases in value, you can ‘buy’ the asset you choose.

It is not recommended to use as a basis for an offer to buy or sell or the solicitation of an offer to buy or sell any kind of product, whether security, financial, or any type of instrument. Every trader is unique and you should know by yourself which works for you. As mentioned above, this platform is available on a desktop and as well as a web browser. MT4 WebTrader Platform gives you access from your MT4 account to your web browser. 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.

AxiTrader Account Types Comparison

Most users will have natural limitations on the maximum leverage and margin related to the account balance they have. Between 74-89% of retail investor accounts lose money when trading CFDs. Axi offers three MT4 market-execution accounts, two with no minimum deposits and a professional trading account with a very high minimum deposit, but extraordinarily low trading costs. The Standard Account has the trading costs included in the spread while the Pro and Elite accounts offer tighter spreads and a small commission per trade.

The developers have put together a nice menu which makes finding information super simple. It can be hard for a business to sustain a high level of service while they’re in the midst of major growth and expansion across the world. It stretches resources and puts pressure on the amount of time you can spend working with each individual customer. But, despite plenty of change over the years, AxiTrader’s service has remained at a very high level. Bank Transfer – local bank transfers take one day; international bank transfers take up to five days. CFDs – Trade CFDs and take advantage of fluctuations in the underlying security or financial instruments.

We encourage you to get started at AxiTrader on a demo account and then move on to live trading. Since the FX broker has offices in London, Chisinau, Dubai, and Sydney, it is capable of offering support whenever traders require it, and this includes MT4 support. The best thing about customer support at AxiTrader is that each of its clients gets a dedicated account manager automatically.

AxiTrader differentiates the accounts based on who owns them and the fee structure that applies to each. Give our personal financial information and answer the questions they will ask about your knowledge of the forex markets. In the following paragraphs and sections, we are going to group the fees properly so you can make a comparison and know just how much you can expect to pay when you are trading with AxiTrader. The only flaw that we found with AxiTrader is the slight lack of variety in the software programs, but everything else seems to be either on par with the market standards or surpass them completely. Today, the AxiTrader brand is regulated by FCA of Great Britain within the framework of the London organization AxiCorp Limited.

Axi review Deposit and withdrawal

This will vary depending on the interbank interest rate that is being applied on the currencies at the time. AxiTrader will charge their own spread to this which is +1.25% for a long position and -1.25% for a short position. AxiTrader seems to be fairly transparent with their fees and have a similar fee model to a range of other brokers in the industry.

FXScouts has been the UK’s most trusted Forex broker review site since 2019. Our team has written 100+ broker reviews and we constantly test to maintain accuracy. AxiTrader also provided video tutorials on how to axiory review navigate their platform. The broker could provide more video tutorials covering other topics. However, you cannot withdraw funds back to a credit/debit card even if you funded your account using this method.

Dont transact with axi

On the plus side, forex fees are low, and deposits and withdrawals are free of charge. Account opening is easy and fully digital, without any minimum deposit, which is also great. A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers.

I don’t know if I’m allowed to share the links on here but you can contact them if you are finding it very difficult to withdraw your funds at, Scamrecoverysite at fastservice dot com All thanks to them. When combined together, this can be a powerful edge to get better trades in trading. AxiTrader offers free educational material such as ebooks, blogs, webinars, seminars, and articles that can help you to learn and know about how charting and technical analysis are used in trading. Which includes all the features of a standard account such as the use of EAs. 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.

Axi also extends to fees and spreads, with no fees on deposit or withdrawal. Additionally, the spreads of all Axi’s account types are competitive in the industry. Therefore, its clients are satisfied with a simple and transparent trading environment.

Axi Risk Warning

You can also take advantage of leverage and spread your capital across a wide range of instruments. Spread Betting – This is a type of financial betting, which requires investors to choose an instrument such as CFDs, indices, and forex and speculate on the price movement. If you live in the UK, you don’t have to pay any tax on your spread betting profits. However, we always recommend you to do your own research before opening an account with the broker.

You should know that CFDs are very complicated and you should never try to trade them unless you know what you are doing and have the money to lose, in case something goes wrong. The orders you can place with the mobile app, are the same as the ones you can place using the web trader. However, you will have to do that on the desktop app, which will push them to your phone.

Some of these services are also well known to more professional traders. The Next Gen MT4 platform is available to all of those AxiTrader clients who have more than $1,000 in their accounts. Of course, you can also give it a whirl with a free demo account beforehand. Which account you end up choosing will depend a great deal on your own personal preferences and trading experience.

It has gathered various awards including as the most trusted Forex broker. 69.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

AxiTrader has invested greatly with these MT4 platforms to MT4 servers to ensure that the MAM solution provides the fast and reliable service account managers need to service their clients. Axi’s trader education is better than most other ECN brokers, with detailed information in video and text format for both beginners and more experienced traders. You should consider whether you can afford to take the high risk of losing your money. Axi offers several cryptocurrency products including Bitcoin, which is the most popular and largest crypto by market capitalization.

It is important to note that certain products are only available from specific live servers on the MetaTrader trading platform. Similarly to the web trading platform, Axi provides only a one-step login.A two-step login would be safer. A bank transfer can take several business days, while payments with a credit/debit card or electronic wallets are instant. Forex fees at Axi are low.For Pro accounts, there’s a $3.5 charge per traded lot, and a low spread cost. AxiTrader account can be funded by several options including Moneybookers/Skrill, Neteller, Wire Transfer, Credit Card, and BPAY. Also, there are selected companies with whom company allows broker-to-broker transfers, so you can either transfer your account from another brokerage to AxiTrader.

The firm does not require a minimum deposit and any trader can start with any amount desired. AXITrader is an excellently regulated broker that provides high-quality FX brokerage services by actively indulging in the best practices in Forex trading. The customer service department is available 24 hours a day and will take care of all client problems in a meticulous manner. The Forex market is all about depositing and withdrawing, and money circulation has to run smooth on both sides of the end. AXITrade accepts several payment methods such as bank transfer, credit card payments including VISA, MasterCard, VISA Delta, Maestro MasterCard, Debit Card, JCB, Wire Transfer to NatWest, and MasterPass. Withdrawal requests are processed within 24 hours, but it will probably take some time until they show in your account.

They can be in the form of AxiTrader spreads, commissions, financing rates and conversion fees. There are no confirmed negative data about the broker in the network. It is rather attractive for the speculators with the experience, having a positive experience of trade in the different financial markets. It is crucial for users to know more about the organizations that control AxiTrader operations.

AxiTrader are divided into two accounts – MT4 Standard Account and MT4 Pro Account. Provide the email address, phone number, country of residence, and other particulars in the online application form. The use of these applications is suitable for specific circumstances, which is why AxiTrader clients must determine their use for their needs. The MT4 WebTrader eliminates the compulsion of using the platform’s desktop application and helps you run the same software on your web browser.

MT4 WebTrader also makes an ideal replacement for the traditional MT4 application in terms of functionality and mobility. The MT4 WebTrader is perfect for using its custom scripts to access a trading account on the go. The feature ensures that no trader accounts lose money when trading remotely from their mobile devices or web browsers. Axi offers a trading account for Islamic traders due to religious beliefs. Islamic trading accounts featuring no swap fees or interest payments.

AXITrader: Heavily Regulated and Reliable Forex Broker

Being regulated by several top-tier financial authorities is a great sign for Axi’s safety. Under ‚Learn to Trade‘, you can find seminars and webinars to watch. However, we found that these are only scheduled for certain language pages, with many of them indicating loading errors at the time of the review.

Besides the live chat feature, an FAQ section educates the clients with reliable answers and improves their trading experience. The Virtual Private Server of AxiTrader hosts the traders and allows them to run their automated trading solutions 24/7. It is a partnered service that AxiTrader runs with four VPS providers, namely, MetaTrader VPS, ForexVPS, BeeksFX, and Commercial Network Services. The broker delivers its services for hard and soft commodities, including 31 equity CFDs and 6 cryptocurrency CFDs. The asset selection of this broker is quite limited, which makes a proper diversification of cross-assets unfeasible. It will give you a list of helpful explanations and descriptions that can break some of the jargon that you will encounter when trading on any forex trading platform.

Axi offers a social trading servicevia Forex Trading Signals on the MT4 platform. Changing the leverage is a very useful feature when you want to lower the risk of your trade. We think this is something you should be in control of.Be careful with forex and CFD trading, as the preset leverage levels may be too high. The major difference is that you can set alerts and notificationsin the form of mobile push and email notifications on the desktop trading platform.

Axi offers an excellent range of trading tools that integrate seamlessly with the MT4 platform. Axi is an MT4-only broker, but this singular focus provides for one of the best MT4 trading experiences in the world. If a broker has a score less than 80, like this one, we won’t recommend it to you. So that we don’t waste your time, we don’t update these reviews either. We know you don’t want to read a long review of an untrustworthy broker. Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country.

responses to AxiTrader

Apart from MT4 trading platforms, Axitrader offers MT4 webtrader, MT4 VPS Hosting, PsyQuation and more. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can ufx review lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks. BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions.

This website registers the highest share of AxiTrader users every year. Despite the suspension, this review declares no high risk of losing money when trading on the AxiTrader platform. The Axi subsidiary that runs AxiTrader is authorized in St. Vincent and the Grenadines. It is regulated by the Financial Services Authority, bearing number BC 2019. A live chat can also cover some training topics wherein an expert answers the questions and satisfies them.

We also compared Axi’s fees with those of two similar brokers we selected, TMGM and Eightcap. This selection is based on objective factors such as products offered, client profile, fee structure, etc. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. A review conducted on the said regulated regression versus classification service proved that AxiTrader is completely legit under St.Vincent’s authority and the Grenadines Commercial Intellectual Property Office. AxiTrader is not replicated by the country’s regulator – the Financial Services Authority. It is a broker noted under its regulatory jurisdiction, as mentioned on AxiTrader international website.

For now, we’ll be focusing on an Australian-born financial brokerage, AxiTrader. The foreign exchange market has long become one of the largest segments of the overall trading industry. It actually has a traction of almost 6 trillion US dollars per day, which is far larger than any other trading market. Traders can use the live chat option to get any instant support. The customer service of Axit is available 24 hours a day, Monday to Friday.