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. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.
We were particularly impressed by the low spreads charged on Bitcoin trades, which are less than a third of the industry average, making the broker very attractive to Bitcoin traders. Additionally, the time it takes for a withdrawal to be processed may also depend on the withdrawal amount and the client’s account status. One of the standout features of AxiTrader is its strict regulatory compliance, which ensures the safety of client funds and promotes fair trading practices. The broker is authorized and regulated by reputable regulatory authorities such as ASIC, FCA, and DFSA, which adds an extra layer of trust and credibility to its operations.
AxiTrader and Alpari offer a similar selection of tradable financial instruments, including forex, indices, and cryptocurrencies. However, there are also some differences as Alpari also offers ETFs and stocks, while their selection of forex pairs is significantly smaller than the one offered by AxiTrader. First, they reach clients with the AxiTrader Affiliate and Referral Program. If you become a Master Affiliate, you can make up to $1000 USD CPA per qualified client and 10% commission on Sub-Affiliate profits.
Overall, AxiTrader’s customer support is considered to be of high quality, with many clients noting that axitrader review the support team is responsive, helpful, and efficient in resolving issues. The availability of multiple channels for communication, including phone, email, and live chat, also makes it easy for clients to get in touch with the support team when needed. 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.
These resources include webinars, articles, and trading guides, as well as a free demo account that traders can use to practice their trading strategies in a risk-free environment. The goal of AxiTrader is to provide traders with the tools and resources they need to trade the financial markets with confidence. In addition to the Standard and Pro accounts, AxiTrader offers a Demo account that allows traders to practice trading strategies and familiarize themselves with the platform. The Demo account provides a risk-free environment where traders can simulate real trading conditions using virtual funds for a period of 30 days.
Fill in the simple form in the live chat window to start chatting with a trained customer support agent. The time taken for your deposits to reach your account depends on your preferred deposit options. For example, credit/debit cards and electronic wallet deposits are instant, but Bank Transfer and broker-to-broker transfer takes up to five working days. Potential pitfalls of AxiTrader review include limited cryptocurrency offerings and regional restrictions on the availability of its services in certain areas.
I am a huge fan of trading apps, primarily because I am able to check the market prices and how good or bad my trades are doing at any time. It doesn’t matter if I am sat on the sofa or even in bed, I can fire up the app and see what is happening. It is also great for getting notifications as soon as a price level is reached which saves me constantly checking the charts. With Axi’s MT4 video lessons for beginners, you can learn how to utilise the world’s most popular trading platform. This area is constantly updated and provides technical and fundamental chart analysis that may be used to generate prospective trading ideas. AxiTrader offers support via live chat, email, and phone, ensuring that you can reach them through the medium that suits you best.
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.
Axi’s educational articles are grouped according to the relevant trading topics making it easy for traders to find information on specific topics. Axi processes client withdrawals via most of the payment methods available for deposit making it convenient for its clients to withdraw their funds. We opened a standard account with AxiCorp Limited, which is regulated by the UK’s FCA. Axi does not charge other non-trading fees such as account inactivity fees or deposit and withdrawal fees. Looking at the spreads charged in our trades, we found that they were all lower than industry benchmarks. None of Axi’s average spreads were above industry averages, which was quite impressive.
Forex traders should be smart enough not just to make lucrative trades, but also to choose a broker who can best meet their requirements. Our mission is to help investors to lower risks by providing unbiased reviews and ratings. While we strongly recommend AxiTrader as one of the best online trading platforms in the industry, we also advise you to do your own research. Find out if AxiTrader is capable of catering to your personal trading requirements. In the vast ocean of the Forex market, finding a reliable broker is akin to charting a course through turbulent waters. With countless options available, traders often find themselves adrift, unsure of which broker to trust with their investments.
An AxiTrader review involves a comprehensive evaluation of the brokerage firm’s offerings, services, and overall performance in the Forex market. It provides insights into the strengths and weaknesses of AxiTrader, aiding traders in making informed decisions. They give you direct access to the latest market data with multiple liquidity providers (LP’s) from 14 of the world’s largest banks, for live pricing and superior trading conditions.
It’s important to note that deposits and withdrawals may take up to five business days to process. To maintain security, the account name must match the origin of the AxiTrader deposit when making a withdrawal. It’s worth noting that AxiTrader LTD is a subsidiary of AxiCorp Financial Services Pty LTD, which is based in Australia.
However, some traders have reported issues with withdrawal processes and platform stability during high volatility periods. Similarly, reviews on Forex Peace Army highlight the broker’s competitive spreads but also mention occasional slippage and execution delays. The company was founded in 2007 and has since expanded its services across various international markets. With a focus on transparency and client satisfaction, AxiTrader has cultivated a strong reputation for secure trading environments and exceptional customer support. Their commitment to traders sets them apart in the competitive landscape of online forex brokers. In addition to its trading services, AxiTrader also provides a range of educational resources to help traders improve their skills and knowledge.
Overall, I found the cost to be the same whether you paid the commission separately or have it included within the spread. The main difference between the accounts are the spreads, commission and minimum deposit required. You can choose from low spreads with a small commission fee or pay no commission but have a spread mark-up instead. Axi offer weekly free webinars which cover a range of topics ranging market analysis, trade management, trading psychology and much more. Whether you’re just getting started on your trading journey or are already an experienced trader, there’s always something new to discover about the markets. This shows me that they are a broker who wants to encourage informed trading decisions.
To provide a complete picture of the broker, we combine expert opinion and customer reviews before coming to any conclusion. The reviews of the existing customers provide a clear and objective image of the firm to potential clients as their are no personal bias involved. Besides Autochartist, I like that Axi aims to help traders achieve goals.