AXI AxiTrader review 2023 ++ Scam or not? Broker test

AxiTrader Customer Support and ServicesThere are dedicated account managers whenever you need a direct point of contact for more personalized service. You can also request a callback by filling up the ‘Request A Call https://forexbroker-listing.com/ Back’ and an agent from AxiTrader will get in touch with you and assist you with your needs. You should not worry about your personal details as the website of Axi is encrypted to secure your personal information.

Overall, it appears like a well-rounded broker but that’s for you to decide. Open up a demo account and test-drive the company yourself. With over 11 trading platforms, over 80 tradable instruments and over 10 funding methods, you are likely to find the combination that best fits your needs. Further more, there is no dealing desk, dark pool liquidity, and 24-hour client support.

AxiTrader Sample Continuation PatternsOn the other hand, reversal patterns are signal trends when the direction changes. These signals can be used to trigger new trades, because the reversal may cause a new trend to start. With that said, this can be used as a technical pattern that can serve as an advanced warning to identify potential changes in the market direction. Also, in the year 2017, it won the ‘Most Reliable Broker in Forex Awards and ‘Highest Overall Client Satisfaction’ in the Investment Trends Australia FX Report. Only last year, 2018, AxiTrader gathered awards for being the winner of ‘Best MT4 Provider’ in compareforexbrokers.com.au and UK Forex Awards. It also won in the same year ‘Most Trusted Forex Broker’ in UK Forex Awards.

Online Forex trading with Axi

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. The mobile trading platform of AxiTrader lets you enjoy trading wherever you want, whenever you want.

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. To set alerts, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app’s settings), by going to the ‘Tools’ menu and then ‘Options’.

However, the account number you gave us was archived in our system; thus, no inactivity fee was charged to it. Forex can be an intimidating market, yet it is the most liquid and widely traded. Alpari does a good job offering their clients different educational pieces.

ZuluTrade – Social Trading

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. I think beginner traders can start there and then research more online. Overall, I find the educational section at Axi comprehensive and of good quality. Axi provides traders with 50 currency pairs, six cryptocurrency pairs, 20 commodities, and 31 index CFDs.

• Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances.
• AxiTrader Sample Continuation PatternsOn the other hand, reversal patterns are signal trends when the direction changes.
• Therefore, if you have any questions about this forex broker translation product, you can contact them online chat right on the homepage.
• Have joined AXI in September 2018, during this period of time have encountered many issue.
• To set alerts, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app’s settings), by going to the ‘Tools’ menu and then ‘Options’.

Axi is regulated by a number of top-tier financial authorities. It is a well-established brand but it is not listed on any exchange and it doesn’t hold a banking license. The general educational videos have great quality and cover a lot of topics, like trading psychology and forex trading. You can download multiple high-quality ebooks as well. The stock index, commodity, crypto and stock CFD selection is average, although it is constantly expanding.

Axi Trading Platform

AxiTrader also provided video tutorials on how to 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. We opened a standard account with AxiCorp Limited, which is regulated by the UK’s FCA. Axi charges low fees for all the instruments on offer including Forex pairs, indices, commodities and cryptocurrencies.

We consider the FCA regulation to be the best since it provides compensation of up to £85,000 in case the broker goes bankrupt. At last, we can say that Axi is a reliable forex broker. However, we always recommend you to do your own research before opening an account with the broker. However, the number of tradable pairs was reduced in 2017. Axi still caters to a broad range of traders through its FCA regulation in the UK.

AxiTrader is a STP broker which provides 2 types of account, Standard account and PRO account. Laggy platform, credit card deposit didnt appear for 3 weeks…ask for all kinds of documnts that were usless… Have been with Axitrader for a year now never had any of the problems as surggested,receve all statments and intrest on account. Very happy with service and will always be with Axitrader. My trading style was to open small positions and run as long as it takes for it to be profitable ….

According to their webpage, they’ve been in the business since 1997 and have 2.2 million clients with 213 tradable assets and 30 international awards. Axitrader does not charge fees on all deposits and withdrawals. Recently, the support for additional payment channels via Internet Banking is good news for many investors who want to open an Axitrader account. Currently, Axittrader offers investors only one MT4 trading platform. With other tools supporting market analysis MT4 Nexgen, Axione, PsyQuation, Autochartis and Signal Channels. Axi does not charge other non-trading fees such as account inactivity fees or deposit and withdrawal fees.

When combined together, this can be a powerful edge to get better trades in trading. Feel free to try Axias its trading fees are low and there are no deposit or withdrawal fees. Professional and non-EU clients are not covered by negative balance protection.

The only requirements are name, country, e-mail, phone number, and application type, which took me less than 30 seconds to complete. New accounts require verification, following well-established industry practices. A copy of the ID and one proof of residency documents generally satisfies this step and completes KYC/AML stipulations. When using the same asset, Axitrader permits two trades in opposing ways. When you have open Buy and Sell trades in the same asset, you’ll be required to pay half of the usual margin amount.

This allows you to identify successful traders and follow their trades, which are then translated into real trades in your own broker account. To access this feature, you have to download the Axi Copy Trading platform, then link your MT4 account to it. After these steps you can start searching for traders to copy. I have been with AXI for two years and my experience has been nothing but awesome. MPESA deposit for those in Kenya is amazing, withdrawals are fast , fast order execution and a friendly customer care team ….

Axi MT4 Multi Account Manager

They were recommended to me by a professional trader from AUS. He called me to deposit and trade but when i made good profit, then Axitrader canceled my all trades and took my money but i got my deposited money. Axitrader provides traders with currency pairs, cryptocurrency pairs, commodities, and index CFDs. Axi offers a well-rounded educational program, making it a good choice for beginner traders.

Technical analysis and charting are very significant tools for having better trades in online trading.Every trader has their own skills and their own style. These tools can be said as the main ingredients for having better or good results. Charting helps traders track and watch asset price movement and market volatility in making their trades. 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. You can also useCopy Trading, another social trading feature.

I received replies that the payment is on hold and so on and so forth. However, if you are interest in trading crytocurrencies then you may be in luck. This platform appears to be pushing the cryptocurrency side of things more than the others. Regardless, the platform appears to be well put together and does offer a demo account option. You can find their list of market hours and fees here, which can help you compare trading costs that ultimately hit your bottom line.

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Axi offers a comprehensive instructional program, which makes it a great alternative for new traders. The third-party PsyQuation trade statistics program is also a useful resource for growing traders. Individual users receive Negative Balance Protection, which guarantees they will not lose more than what they’ve invested with AxiTrader.

Our email queries were answered within the same day, which was quite fast, and we got very accurate answers. We found the PsyQuation tracking tool to be very useful for tracking our trading performance and setting trade alerts. The MT4 platform can be customized to a great extent, but is a bit dated and Axi’s web platform can be slow at times. We would like to let you know that we have escalated this internally for further investigations and we will reach out to you directly for any updates. In the interim, we have disabled your account to prevent any further unauthorized trading. We are delighted that in the end you were satisfied with the resolution of this issue and that you will keep trading with us.

Is Axi a good broker?

It also offers raw spreads as low as 0.0, no minimum deposit, no requotes, and instant execution. This account covers the full market and allows you to trade Forex, Commodities, and CFD Indices from a single trading terminal. It is easy to use and has fast execution with the feature of MT4’s one-click trading. It enables you to track your progress with comprehensive trade history and improve with analysis too. It gives you access to the same depth of pricing as institutional businesses like banks, financial institutions, and hedge funds.