Online Trading, CFDs Broker & Forex Broker in UK

From its pricing spreads to its key features, this https://forexreviewdaily.com/ review dives deep into the core of AxiTrader & highlights what the broker puts forth for its users. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.6% of retail traders lose money when they trade CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of letting your accounts lose money through CFD trading. The broker could have offered more types of accounts, more types of trading platforms, and more markets to trade on. But the pros of trading with AxiTrader greatly outweigh its cons.

Later, when their trade volume surpassed the 100 Billion Dollar mark, stretched its corporate brand to Germany Latin America and also to the Middle East in 2016. Sentiment Indicator, which gives you insights on live market trends based on observing other people’s trading activities. AxiTrader offers the Autochartist tool free of cost to its clients so that they can stay abreast of major market movements and scan the market throughout the day. AxiTrader is an online trading brand belonging to AxiCorp, a company regulated and authorized by the Australian Securities and Investments Commission .

• To reiterate, you will not get any trading ideas from AxiTrader and neither will you get fundamental data.
• You need to pay attention to the trading and non-trading fees, as they can be a deal-breaker if they are too high.
• However, when you compare the withdrawal methods to those of the competition, AxiTrader seems to fall short.
• We selected two other brokers on the same level as AxiTrader, to make sure that we can make a fair comparison.
• A client of AxiTrader can enjoy the possibility of having financial account base currency in GBP, CHF, USD, EUR, or PLN as well as deposit funds in these major currencies also.

Hence, AxiCorp LTD, which runs , has not suffered any license suspension. While these issues fall under its corporate umbrella, AxiTrader continues to work as a genuine broker, expanding its market share across the globe with every passing year. Founded in 2007, AxiTrader offers flexible leverage, which becomes a high gain option for a trader. The manager assists the traders with the training of trading and other market information. Further, the firm also launched its London branch in 2012, China branch in 2015. In China, AxiTrader entered into a partnership with China Union Pay to help its Chinese clients process payments easily and directly to AxiTrader.

What trading application does AxiTrader provide for trading?

A copy of the ID and one proof of residency documents generally satisfies this step and completes KYC/AML stipulations. Here is what Raul, a trader from the United States, thinks about https://forexreviewdaily.com/. He states that the company had charged back his money after a request and thus, assisted him when he needed it. Please visit this page to find an up-to-date information about the deposit methods, accepted currencies, deposit and withdrawal times, etc. A regular AxiTrader account has an average spread of 1.24 (0.44 for Pro accounts) for the EUR/USD pair.

It offers an advanced and developed MetaTrader 4 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. https://www.forextime.com/education/forex-trading-for-beginners It has gathered various awards including as the most trusted Forex broker. Since Axi was founded by traders for traders, the firm understands the importance of costs and fees in trading.With that said, Axi does not charge an inactivity fee or withdrawal fees.

MetaTrader 4 Mac Download

There are regularly streamed videos also talking about current issues affecting the markets. Their automated signals and technical analysis are brought to you through the AutoChartist folks. If you need to get in touch with a member of the https://forexreviewdaily.com/axitrader/ customer support team you can do so by email, telephone, or through their live chat feature. There are different numbers to use depending on what part of the world you are located. The team work son a 24/5 basis, so you can always have your issue resolved during the week. Though, in the event that the amount to be withdrawn is greater than the initial deposit amount, you can also select a new method.

MetaTrader tools are the most helpful, as they are offered in a large number of languages. To reiterate, you will not get any trading ideas from axitrader.com and neither will you get fundamental data. 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.

Trading Requirements of AxiTrader Trading Account

Axi Overview – A competitive trading environment for algorithmic trading and scalpers. Another example that is more trading-related is from JackW, who considers https://forexreviewdaily.com/ to be a decent choice for investment. 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. However, you cannot withdraw funds back to a credit/debit card even if you funded your account using this method. Enter your full name, email address, phone number, country of residence and application type.

AxiTrader Overview

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

Founded in 2007, Forex brokers has evolved as a trusted trading platform for large forex and CFD investors. After more than a decade in the market, the trading platform is in business with some of the world’s biggest companies and global brands. The leverage on known financial instruments multiplies on AxiTrader, just like every other brokerage. The initial capital of trading with AxiTrader can be leveraged to amplify the potential gains smartly. It is important to note that high leverage has an inverse effect as well, where it could work in reverse of the trade. Despite the MetaTrader 4 platform’s limitations, AxiTrader runs excellently for its traders by offering them the most cutting-edge trading tool – PsyQuation Premium. It also brings down the high risk of losing money in the initial trades by simulating the outcomes of those forex trades.

Final Thoughts – Is AxiTrader a good broker?

The search functions on mobile are much better than what you would find on the web trader. https://forexreviewdaily.com/axitrader/ You can also find what you are looking for by scrolling through the category folders.