When you trade forex, your broker is one of the most important things. You should always choose a broker who understands your needs and who will help you make money.
AxiTrader is a company founded by traders for traders. The brand claims to be the best online broker choice for traders. In this review, we will tackle the company itself (AxiTrader), its platforms, services it offers and etc. We will know whether the firm is a scam or a legit broker. Can we trust Axi as our FX Broker? – Let’s find out.
Official website of AxiTrader
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
What is Axitrader? – The company presented
The company was founded in the year 2007 and was rebranded from AxiTrader to Axi in 2020, with a goal to be the online broker that traders would like to trade with. Since then, the company has risen and has grown to be one of the largest and leading Forex brokers in the world. Axi offers its clients the ability to trade indices, commodities, Forex and some CFDs.
Axi is committed to deliver its best services to its clients so they can reach their goals as aspiring traders within this industry. The firm is founded by traders for traders because they understand that traders need a great 24-hour service with tight spreads and fast execution with minimal slippage. With that said, we strive to provide any kind of help needed by any type of trader so they can succeed in this industry.
Axi Broker is a leading foreign exchange broker with offices around the world. The company strives to give traders access to the latest market data and provide exceptional customer support. Axi offers direct access to multiple destinations of liquidity in forex markets.
The vision of Axi is to become the world’s leading provider of online foreign exchange trading services by offering premier service and integrity to its clients.
Facts about Axi:
Axi Broker is a software company that specializes in the development of financial trading software for both retail and institutional clients.
The company was founded in 2012 by a team of traders and programmers with experience in the financial industry. Their goal was to provide their clients with an easy to use platform that would work seamlessly across all devices, including mobile phones, tablets, laptops and desktops.
In 2015 they released their first product, Axi Trader, which allowed users to trade directly from their browser without having to download any software or open an account at an online broker.
Today they offer a wide range of products including Axi Trader, Axi Mobile Trader and Axi Social Trader which can be used on any operating system including Windows, Mac OSX, Linux and Android.
Is Axi regulated? – Regulation and safety for customers
It is important to be aware of the regulations that a broker is licensed under. These regulations are proof that a company has passed certain criteria in order to attain an official license to operate in the trading industry. It is also one key ingredient of having known that the broker that you are trading with is secure, safe, and legit.
Axitrader is regulated by some of the known regulators in the trading industry. The company is registered as AxiCorp Financial Services Pty Ltd (AxiCorp). AxiTrader is regulated by the following: Financial Conduct Authority (FCA) in the UK, the Australian Securities & Investments Commission (ASIC) in Australia, and AxiTrader Limited is a member of the Financial Commission.
(Risk warning: 81.40% of retail CFD accounts lose money)
Financial security
AxiTrader is a world-class broker that takes the security and trust of its clients seriously. With this said, AxiTrader holds client funds in segregated accounts (with top-tier banks) and has amazing programs to secure its clients. The company has compliance with the Financial Conduct Authority (FCA) and gained its regulation.
AxiTrader is a member of the Financial Services Compensation Scheme (FSCS). As a member of FSCS, the firm has a client protection program that is offered by FSCS that will pay compensation to retail clients in the unlikely event that AxiTrader becomes insolvent. Retail clients are covered up to £50,000.
Summary of the regulation and financial security:
Authorized and regulated by FCA, ASIC, and Financial Commission
Financial Services Compensation Scheme £585,000
Segregated customer funds
AxiTrader Regulation, Financial Security, and Customer Support
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Review of the trading conditions for traders
AxiTrader is a Forex Broker offering traders the ability to trade indices, commodities, Forex, cryptocurrencies, and some CFDs with competitive spreads. The brand was built by traders for traders, which means it understands any type of trader and strives to deliver the best service, support and material that they can.
The firm doesn’t require a minimum deposit and any trader can start with any amount desired. It offers free demo accounts where aspiring traders and professional traders can practice their skills trading strategy and be comfortable to the platform in trading with this Forex Broker.
Axitrader has developed MetaTrader 4 (MT4) Platform for traders to enjoy the maximum capacity to trade using the more advanced version of the famous platform in the trading industry. There are no hidden fees, no withdrawal fee and a deposit fee as well.
Axitrader does not charge an inactivity fee and promotes simple and fast execution. The firm offers competitive spreads starting from 0 pips
AxiTrader sample spreads
The brand also promotes the security of funds of its clients wherein the funds of the customers are segregated from their own company’s funds.
Trade more than 6,000 markets without commissions and professional platforms.
Trading Conditions:
Free demo account
Spreads starting 0.0 pips
Advanced and developed MT4 Platforms
Minimum deposit $0
Able to trade indices, commodities, Forex, cryptocurrencies, and some CFDs
Competitive Spreads
Simple and fast execution
No deposit and withdrawal fees
No inactivity fee
No hidden fees
Spread Betting is possible
AxiTrader Awards and Achievements
AxiTrader has won various awards throughout the years it has been operating.
In 2012, it has won ‘Best Spreds’ in China International Online Trading Expo (CIOT Expo). The following year 2013, the company won four awards: ‘Best IB and Affiliate Program Worldwide’ and ‘Best Forex Broker Asia’ in China International Online Trading Expo (CIOT Expo), ‘Most recommended Fore Provider in Australia’ and number one for ‘Customer Service’ during Investment Trends Australia FX Report. In 2014, AxiTrader has received awards as the winner of ‘Financial Institution Of The Year’ in Asia-Pacific Financial Investment Association and was named as ‘Strongest Brand Association With Being Trustworthy’ in Investment Trends Australia FX Report.
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.
Note:
As a leading broker, AXI understands the importance of security and reliability. That’s why we are proud to have won these awards from such prestigious organizations, which can serve as proof that trading with AXI is secure, reliable and safe.
AXI is the legit and trusted broker that understands traders needs.
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Test of the Axi trading platform
AxiTrader is a software and trading platform that offers multiple benefits to its users. This platform was developed by professionals to achieve fast, accurate and convenient trading. The firm invested in co-located servers and fiber optics for faster, more accurate trading. It is not equal to any other MT4 platform since it is more advanced and has been developed by the company for better trading results. Since that AxiTrader promotes fast execution, this speed is possible on all platforms thanks to one-click trading. The firm has 4 types of trading platforms namely: ‘AxiTrader MT4 in Desktop, Mac, and Mobile’, ‘AxiTrader MT4 NexGen’, ‘AxiTrader MT4 Forex Trading Signals’, and ‘AxiTrader MT4 Multi Account Manager’
AxiTrader MetaTrader 4
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Axi MT4 for Desktop, Mac, and Mobile
The AxiTrader MT4 Platform is available for desktop, Mac, and mobile devices. The platform offers 61 currency pairs, automated trading (EAs), free setup, and download. It has full market coverage which allows you to access the full range from Forex and Commodities to CFDs and Indices.
The platform is customizable and you can manage your trading dashboard with its flexible charts and tools. As mentioned above, this platform is available on a desktop as well as a web browser. MT4 WebTrader Platform gives you access from your AxiTrader 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. Also, you can definitely use it on your Mac devices and its functionality is incredible and it is user-friendly. It doe not require add-ons or plug-ins. You can simply download it completely free from a Mac-based solution.
The mobile trading platform lets you enjoy trading wherever you want, whenever you want! You can simply download it from GooglePlay (for Android) or AppStore (for iOS).
AxiTrader MT4 in Desktop, Mac, and Mobile
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Axi MT4 NexGen
MT4 NexGen is an advanced trading platform that is available to all traders who open an AxiTrader live trading account with a minimum deposit of $1,000.
This platform offers you the ability to gain insights into live market trends by viewing how others are trading using its sentiment indicator. It allows you to spot new opportunities and cut down money management errors by the use of its correlation trader feature. You can get better analysis and reporting by the use of an automated trade journal that automatically records your trading activity.
MT4 NexGen also has an economic calendar that alerts you to huge events that enable you to stay on top of the market action. It has as well as a session map that shows the world’s market opening and closing times.
AxiTrader MT4 NexGen
Axi MT4 forex trading signals
Our Axi MT4 Forex Trading Signals, powered by the Axi Trader, is smart, automated trading software that lets you copy trading strategies from thousands of traders from across the world straight into the MT4 platform. With our 24-hour trading feature, trades continue to be placed even when you’re away from your terminal. You can set your own tolerance to risk with stop loss contingencies with our flexible risk parameters.
AxiTrader MT4 Forex Trading Signals
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Axi MT4 Multi Account Manager
AxiTrader’s Multi-Account Manager (MAM) is an integrated software tool that lets a single trader execute block trades on all accounts operating under a master account.
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.
AxiTrader MT4 Multi Account Manager
Axi MT4 platforms are well developed and advanced. in fact, it won ‘Best MT4 Provider’ in compareforexbrokers.com.au and UK Forex Awards in the year 2018.
Facts about the platforms:
AXI BROKER is a broker with advanced and developed MT4 platforms that are secure, fast, simple, user-friendly, and reliable.
The platforms can be used in any form of device (desktop, web, Mac, mobile), which makes trading convenient.
AXI BROKER offers multiple features that are customizable.
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Professional charting and analysis is possible
When trading online, technical analysis and charting are two very important tools for having better trades. Every trader has a different style, and these tools can be said to be the main ingredients of a good or great result. Charting helps traders track and watch asset price movement and market volatility in making their trades.
Technical analysis, on the other hand, is a discipline that helps traders evaluate investments and identify trading opportunities. It gives the traders the power to analyze statistical trends gathered from trading activity as volume and price movement. 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 and seminars that can help you learn how charting and technical analysis are used in trading.
Price patterns and charting are known to most traders that use technical analysis as tools in their trades. Generally, it can be divided into patterns: continuation and reversal patterns. With this said, patterns help traders read the movements of the markets.
Continuation patterns are price patterns that show an existing trend with a temporary interruption. This type of pattern helps traders determine the decision to take on your next move, whether you are selling or buying an asset for better trading results.
Reversal patterns are also important to look at when you’re trading but they reflect a change in direction for the price action which can help determine if you should hold onto your position or exit it before the price changes direction again.
AxiTrader Sample Continuation Patterns
Reversal patterns are signals that are used to anticipate a change in the market direction. 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.
AxiTrader Sample Reversal Patterns
The patterns provided herein are only tools. They are not recommended 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. Traders have their own styles and strategies. Every trader is unique and you should know by yourself which works for you.
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Review of the Mobile Trading (App) by AxiTrader
AxiTrader is a mobile app that allows you to trade wherever you want, whenever you want. It’s quick to install, and full of helpful features like charts, alerts, and analysis to keep you up-to-date with the market in real-time. With AxiTrader mobile trading app, you can connect your main MT4 trading terminal and enjoy trading flexibility to the maximum. You’ll be able to follow all the ups and downs with real-time updates by viewing live pricing. You can modify your trades just by swiping your screen and view your past trading activity fast and easily with Past Orders feature that pulls up historical data.
AxiTrader Mobile Trading
Keep a close eye on the action with this app. Monitor live orders and get real-time updates on the latest market development news. It’s customizable, so you can choose how you’d like to view data. Download the MT4 mobile trading app for iPhone, iPad, Android, or tablet.
Features of App:
Customizable
Fast Execution
Display Charts
Allows you to use all types of orders
On-the-go trading insights
Read Market News
Free Demo Account
Search and select instruments
Advanced and Developed Trading Tools
Customer Support
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
How to trade with Axi? – Step by step tutorial
Trading is a great way to make money, and it can be a lot of fun. But there are some things you need to know before you get started.
When trading, you’re looking to profit from the price movement of an asset. When the market value falls, you can ‘sell’ the asset and when the price increases in value, you can ‘buy’ the asset you choose. In order to have better trading results, you need to keep on track of the markets as well as your position.
Once you choose a market, you can decide on what asset you want to analyze. After analyzing the asset, make sure to make a forecast of the price movement. Then open your order mask and customize your position by choosing the order volume and deciding whether you buy or sell the asset that was chosen or chosen by yourself.
AxiTrader Order Masking
Step by step trading tutorial:
Choose an asset you want to analyze
Analyze the asset and make a forecast of the price movement
Open the order mask and customize your position
Choose the order volume
Buy or sell the asset you want
When it comes to trading Forex and CFDs, you need to know the difference between these two instruments.
CFDs are complex instruments that come with high risk of losing money or investments rapidly due to leverage. About 74 – 89% of retail investor accounts lose money when trading CFDs with this provider. You should know if you are willing to take the risk of losing money by trading CFDs before making a decision.
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Register your live account with Axi
Opening an account with Axi is simple. Just follow these three steps:
1. Complete the application by filling in the form
2. Send a photo of your ID to verify your identity
3. Fund your account with any amount you want, as Axi doesn’t require any minimum deposit
Open your free demo account
Demos are a vital part of any trader’s experience. They allow you to practice your skills, execute strategies, and get comfortable with the trading platform without risking real money or funds. Axi offers real-time execution speeds and spreads. It’s free for 30 days, and your account will have $ 50,000 virtual funds in currencies such as EUR, USD, GBP, CHF, or PLN. It is designed to reflect the same live market environment when trading on an AxiTrader live account.
It’s easy to register a demo account with Axitrader: just fill out the form on their site, download and install the platform (MetaTrader 4 / MT4), and start practicing trading with $ 50,000 virtual cash on the account itself. We highly recommend getting a demo account before going live in trading because it is important to practice your skills and strategies as well as be comfortable with the platform itself—trading requires high risks that we all need to be aware of!
Account types with Axi
MT4 STANDARD ACCOUNT:
MT4 PRO ACCOUNT:
SETUP COST:
Free
Free
SPREADS:
From 0.4 pips
From 0.0 pips
COMMISSION:
$0
$7 round turn (USD)
MINIMUM TRADE SIZE:
0.01 lots
0.01 lots
MINIMUM DEPOSIT:
$0
$0
LEVERAGE:
1:30 (EU – retail), 1:500 (international)
1:30 (EU – retail), 1:500 (international)
AUTOCHARTIST:
Yes
Yes
The best alternatives for traders – get professional trading conditions with a regulated broker:
MT4 Standard Account:
If you are looking for a professional and secure trading platform, AxiTrader is the right choice.
AxiTrader offers MT4 Standard Account with 80 currency pairs, no commission, no minimum deposit and free setup. It has flexible charts and tools. You can customize your trading dashboard by dragging and dropping your favorite charts and analysis tools. Spreads are starting from 0.4 pips without commission. It is very easy to use and offers access to the full range of instruments, from Forex and Commodities to CFD Indices. it is designed for fast and simple execution with the use of MT4’s one-click trading. With this account, you can track your progress with comprehensive trade history and analysis. AxiTrader has invested in co-located servers and fiber optics for faster, more accurate trading with its advanced technology.
MT4 Pro Account:
MT4 Pro Account is the account that most professional traders prefer. It offers low commissions, from $3.50 per side. 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.
With this account, you can run your strategy across multiple currency pairs by taking advantage of low spreads across both major and minor currencies. It has a positive slippage where you’ll receive the benefits of positive slippage and better trade prices with the help of AxiTrader’s price improvement technology.
Review of the deposit and withdrawal
You can fund your trading account at Axi anytime, anywhere.
Axi is a broker that understands how important it is to have easy access to funding your trading account. That’s why they make it easy for you to fund your account online, anytime. The process is fast and secure, so you can get on with the business of trading.
You can fund your account with several major currencies including USD, GBP, EUR, CHF and PLN. You can also deposit funds in those currencies as well as other options such as Moneybookers/Skrill, Neteller and Wire Transfer.
The company accepts funding options such as Moneybookers/Skrill, Neteller, Wire Transfer and Credit Card. Also, Axi allows broker-to-broker transfers from selected companies. As it promotes fast processing of funds, it means that processing should take no longer than 10 minutes to reach your account. If funds have not arrived within 10 minutes, you can contact their 24-hour support team which is available 24 hours a day Monday through Friday.
Axi funding and withdrawal methods
Payment Methods that can be used:
Moneybookers/Skrill
Neteller
Wire Transfer
Credit Cards
BPAY
WeChat
China Union Pay
Cryptocurrencies (for example Bitcoin)
Note:
AXI does not charge any fees on deposits and withdrawals.
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Axi support and service for customers
AxiTrader is a broker that provides customer support 24 hours a day, 5 days a week. The operating hours start at 22:00 (00.00 server time) Sunday night GMT and ends at 22:00 on Friday Night (GMT). As traders themselves, AxiTrader completely understands the need of traders especially when it comes to customer support and services.
The firm inspired by its goals to become the broker that all types of traders want to trade with drives them to deliver the best service they can.
Axi has support in 6 languages in around 12 countries that are trading with the firm. You can reach support via phone call, email, and live chat. The live chat has an instant response, which ‘instant’ means that you will receive a response within 10 minutes. Their customer service team is ready to assist you 24/7.
AxiTrader Customer Support and Services
We are a broker that cares about your needs. We want to help you make money, and we know how hard it can be to find someone who cares as much about your success as you do. That’s why we have dedicated account managers whenever you need a direct point of contact for more personalized service. Our agents are professional and helpful. You can also request a callback by filling up the ‘Request A Call Back’ and an agent from AxiTrader will get in touch with you and assist you with your needs.
AxiTrader Callback Request Form
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Axi Broker is one of the most popular online brokers that offer quality trading services with great customer support. The company has been in the industry for more than 10 years and it has a lot of experience in providing quality services to its customers.
Axi also offers training and free educational materials every trader needs. The company has online education programs, tutorial videos, and free webinars. You can learn a lot about trading. It has also blogs written by experienced traders that will surely inspire you while trading with this broker. The firm has video tutorials as well as and glossary. We can say that these are very helpful materials for aspiring traders as well as professionals.
AxiTrader offers online education programs, tutorial videos, and free webinars
One of the best things about AxiTrader is the service and assistance being offered by their team. The firm offers free eBooks that are very helpful in any trader’s journey. This is just one of many reasons why you should consider trading with AxiTrader.
AxiTrader offers free eBooks
Axi Broker is a well-known and award-winning company for its customer service. It won an award for being number one for Customer Service in Investment Trends year 2013 during Australia FX Report. Also, in the year 2017, it won ‘Highest Overall Client Satisfaction’ in the Investment Trends Australia FX Report.
Facts about the support:
24-hour Customer Support (Monday to Friday)
Supports 12 Countries and 6 Languages
Offers Free Online Education, Webinars, Online Tutorials, and e-Books
Email Support
Live Chat Support
Phone Support
Offers Callback
Won Award as Number 1 for ‘Customer Service’
SUPPORT:
PHONE (UK):
PHONE (INT):
ADDRESS:
24/5
0800 612 7070
+61 2 9965 5830
36 – 38 Leadenhall Street
London
EC3A 1AT
United Kingdom
Fees and costs
As a trader, you know that costs and fees play a big role in your trading. That’s why Axi was founded by traders for traders—we understand the importance of costs and fees in trading.
That’s why we don’t charge an inactivity fee or withdrawal fees. We offer our trading fees at the lowest price possible. And we have no minimum deposit requirements: you can deposit any amount you want!
We do not charge a deposit fee either. So whether you’re starting out small or looking to make a big deposit, you’ll be able to get started with us for free!
Facts about fees of Axi:
The minimum deposit at $ 0
Does not charge a deposit fee
Does not charge a withdrawal fee
Does not charge an inactivity fee
Low trading fees
Trade more than 6,000 markets without commissions and professional platforms.
(Risk warning: 81.40% of retail CFD accounts lose money)
Is Axi legit or a scam? – Conclusion of the review
AxiTrader is a broker founded by traders for traders. The company is dedicated to delivering the needs of aspiring traders as well as professionals in online trading. It offers its clients the ability to trade indices, commodities, Forex currencies, and some CFDs. It has competitive spreads from 0.0 pips and fast execution with minimal slippage. The firm offers as well Forex pairs to trade and spread betting as possible.
Since the company is managed by traders themselves, they understand the need to have a great 24-hour service and give their best to deliver it to their clients. Axi focuses always on integrity, service, and execution. It offers an advanced and developed MetaTrader 4 (MT4) platform that allows traders to enjoy the maximum capacity to trade. The brand also promotes the security of funds of its clients wherein the funds of the customers are segregated from their own company’s funds.
We can say that AxiTrader is secure and a trusted, legit Forex Broker. Axi is a broker that truly understands traders’ needs.
(4.7 / 5)
(5 / 5)
