AXI is an Australia-based online brokerage offering a suite of trading tools and services for users to take advantage of. This Axi Trader review will provide a comprehensive overview of the advantages, disadvantages, fees and commissions, and the trading platforms, customer service, and educational resources offered by AXI. With low costs and a wide array of trading tools and services, AXI is an ideal choice for those looking for a reliable and cost-effective online brokerage.
Axi Reviews:
AXI Brokerage, known as Axitrader, is an online trading platform that offers a wide range of services to traders of all levels. AxiCorp allows users to trade stocks, ETFs, mutual funds, and options, as well as access market data and research tools. AXI Brokerage also offers a range of advanced features, such as charting, streaming quotes, and portfolio analysis, as well as advanced order types, such as trailing stops and conditional orders.
It also offers an extensive range of customer support options, such as an online chat service and a dedicated trading desk. The platform is designed to be user-friendly and intuitive, allowing users to quickly and easily access the features they need to make informed trading decisions. AXI online Broker also has a wide range of security measures in place, such as two-factor authentication, data encryption, and secure data transfer protocols, ensuring the safety and security of users’ trading accounts.
Here is a pros and cons table for AXI Brokerage:
| Pros | Cons |
|---|---|
| Wide range of services | Limited customer support options |
| Intuitive user interface | Limited advanced order types |
| Advanced features such as charting and streaming quotes | Limited market data and research tools |
| Secure data transfer protocols | |
| Two factor authentication |
Axi Trader Trading Platform Review:
AxiTrader is a multi-asset trading platform that offers users the ability to trade in a wide range of assets, from currencies to stocks and commodities. The platform is suitable for both experienced traders and beginners, as it provides a range of tools and features to help users make the most of their trading experience.
Axi Trader’s trading platform features include the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, cTrader, and a proprietary platform. The MT4 and MT5 platforms offer a range of features such as charting, technical analysis, automated trading, algorithmic trading, and more. cTrader provides a more user-friendly experience with its intuitive interface and advanced charting capabilities. AxiTrader also features a NexGen version of the trading platform, which includes more post-trade features than those on previous MetaTrader 4 versions.
AxiTrader provides a powerful trading platform with a range of features including a wide range of order types and execution speeds, advanced charting tools, trading signals, and algorithmic trading strategies. The platform also offers a range of educational tools to help users become more knowledgeable about trading and the markets, as well as a range of customer support options.
Platform & technology
AxiTrader uses the MetaTrader 4 (MT4) platform for forex trading. MT4 is a popular and highly-rated online trading platform that is used by millions of traders around the world. It is developed by MetaQuotes Software Corporation and is powered by C# and Microsoft .NET technology. The MT4 platform provides an advanced charting package, multiple order types, and automated trading strategies, making it an ideal choice for both experienced and beginner traders.
Overall, AxiTrader is a comprehensive trading platform that provides users with all the tools they need to trade in a wide range of markets. The platform is suitable for both experienced and beginner traders, and offers a range of features and tools to help traders make the most of their trading experience.
Copy Trading:
Axi Copy Trading is a type of trading that allows you to copy other experienced traders’ trades and strategies in real-time. It is one of the best copy trading brokers like etoro and provides a convenient way to access the global markets without needing to have a deep understanding of the markets or have a large capital to invest.
When using Axi Copy Trading, you will be able to select from a wide range of traders to copy, allowing you to find the best possible strategy for your risk tolerance and trading goals. You will also be able to manage your risk by setting the maximum amount of money you are willing to risk and the amount you want to invest in each trade.
Axi Copy Trading also offers a variety of features and tools that allow you to monitor the performance of your chosen traders. You will be able to see the performance of their trades in real-time and also be able to track their profits and losses.
Axi offers a safe copy trading platform known as Axi Copy Trading. It is a social trading platform, allows users to copy the trading strategies of experienced traders automatically and in real-time. The platform provides detailed insights into the performance of each trader, allowing users to select the traders whose strategies they want to copy.
Mobile trading:
Axitrader offers a mobile trading platform that is available on both Android and iOS devices. The mobile platform is powered by MetaTrader 4, providing access to over 140 trading products [1]. The platform is designed with a clean, intuitive interface that makes it easy to access charts and technical indicators, as well as place and manage trades.
The mobile platform also features a range of useful features such as a live news feed, customizable watchlists, and price alerts to keep traders up to date with the latest market news and movements. Additionally, the Axitrader mobile trading platform also offers a range of risk management tools to help traders manage their positions and maximize their profits.
The AxiTrader Mobile Trading App has a modern and intuitive user interface, and offers features such as live streaming quotes, one-click trading, advanced charting and technical analysis tools, as well as the ability to monitor your open and closed positions.
Trade Fees:
Axi is a low-cost forex broker that offers commission-free trading and competitive spreads. Axi offers variable spreads on the major currency pairs starting from 1.1 pips, while other currency pairs have spreads starting from 1.5 pips. Axi also offers commission-free trading on certain products, meaning that only the spread is charged. Axi also offers overnight financing fees, which are charged or credited depending on the particular position taken. In addition, there are also swap fees for positions left open overnight.
bid/ask spread:
The bid/ask spread of Axi varies depending on the instrument being traded. For example, the spread on the EUR/USD currency pair is typically 0.3 pips, while the spread on the FTSE 100 index is typically 0.5 pips. The spread on cryptocurrencies and other instruments can vary further. To see the current spreads offered by Axi, you can visit their product schedule page.
Axi broker fees can vary depending on the type of account you have and the type of trade you are making. Here is a numerical list of the fees for different types of trades:
- Standard Account: 0.3-0.5 pips to trade Forex, 0.07-0.10 for Index CFDs, 0.04-0.06 for Commodity CFDs, and 0.05-0.08 for Share CFDs.
- Professional Account: 0.2-0.4 pips for Forex, 0.06-0.09 for Index CFDs, 0.03-0.05 for Commodity CFDs, and 0.04-0.07 for Share CFDs.
- Commissions: $3.50 per side per lot on Forex, 0.10-0.20 per lot on Index CFDs, and 0.06-0.12 per lot on Commodity and Share CFDs.
- Crypto: 0.2-0.5 pips for major crypto pairs, 0.50-1.00 to trade minor crypto pairs, and 0.30-0.60 for exotic crypto pairs. 5.
Axitrader Account:
AxiTrader offers two main account types: the Standard Account and the Pro Account. Both accounts offer features such as 1:500 leverage, low spreads, and access to a wide range of markets.
The Standard Account is designed for beginners and offers features such as no commission, a minimum deposit of $200, and the ability to open and close positions quickly. Remember that there is a risk of your accounts lose money in all brokers.
The Pro Account is designed for more experienced investors and offers additional features such as commission-free trading, a minimum deposit of $1000, and access to advanced charting features. Both accounts offer access to competitive spreads, low trading costs, and fast execution.
Pro Account
The AxiTrader Pro account features include ultra tight spreads starting from 0.0 pips, deep liquidity, and access to the full suite of MetaTrader 4 trading tools and expert advisors. Pro account holders also enjoy leverage up to 500:1, with flexible margin options and advanced order types. In addition, the Pro account is designed with advanced dealers in mind, with features such as hedging capabilities, multiple order types, and the ability to use custom indicators and EAs. AxiTrader offers Forex, CFDs, Commodities, and other financial instruments.
Standard Account
Standard accounts with AxiTrader typically include a number of features, such as access to more than 80 currency pairs, five-digit pricing, spreads from 0.0 pips, commission fees of USD 3.5 round trip [1], and a range of trading tools. Standard accounts also have access to the AxiTrader MT4 WebTrader platform, which is feature-rich and optimised for lightweight web-based performance [2]. Additionally, standard accounts have access to the AxiTrader Pro mobile app, which allows users to trade on the go.
Suppoerted account base currencies:
Axi supports a range of account base currencies, including USD, GBP, EUR, AUD, NZD, CAD, CHF, HKD, SGD, JPY, TRY, MXN, ZAR, and NOK.
Research tools & education
Axi provides its clients with an extensive range of educational resources to help them become more successful traders. These resources include webinars, seminars, tutorials, and other materials on topics such as technical analysis, risk management, and trading strategies. In addition, Axi publishes daily market commentary and analysis to help you stay up-to-date with the latest developments.
Axitrader review shows that the broker hosts a trading academy, which provides comprehensive courses that cover subjects such as trading psychology, risk management, market analysis, and more. There is also a dedicated support team available 24/7 to answer any questions you may have about their accounts or the markets.
Conclusion:
In conclusion, the Axi broker is a reliable and trustworthy forex broker, offering a comprehensive range of products and services. Its user-friendly platform and intuitive features make it easy to use, and its competitive spreads, fees and commissions make it a great choice for all experience levels.
Axi’s commitment to customer service and long term relationships makes it a great choice for those looking for a reliable and trustworthy broker. With its extensive range of products, competitive fees and reliable customer service, Axi is an excellent choice for forex traders looking to build long term relationships and benefit from a wide range of products and services.
What features does the platform offer?
The Axi platform offers a range of features that can help you to trade more effectively. These include advanced charting and analysis tools, real-time market data, automated trading strategies, and customisable risk management tools. Additionally, the platform also offers trading ideas, news and insights, and educational resources to help you to develop your trading skills.
Who regulated Axitrader?
Brokers AxiTrader is regulated by the Financial Markets Authority (FMA) in New Zealand [1], the Financial Conduct Authority (FCA) in the United Kingdom, and the Australian Securities and Investments Commission (ASIC) in Australia. The company is also a member of The Financial Commission, an international organization engaged in resolving disputes within the financial services industry.
How do traders open account with Axitrader?
To open an account with Axi, you will need to provide some personal information including your full name, date of birth, residential address and contact details. You will also need to provide documentation such as a passport, driver’s license or other government-issued ID. Additionally, you may need to provide proof of residence or other documents such as bank statements or utility bills. Finally, you may need to provide financial statements or other information depending on the type of account you are opening.
- A valid government-issued photo ID
- Proof of residence • Contact information (phone number and email address)
- Bank details (name of bank, account number, routing number) • Income information (salary, source of income, etc.)
- Employment information (employer name, job title, etc.)
- Investment objectives (long-term goals, short-term goals, etc.)
- Risk tolerance (level of risk you are willing to take, etc.)
What Technical Analysis is offered:
Axi offers a wide range of technical analysis tools, including charts, drawing tools, oscillators, and technical events. Their charts feature a variety of indicators, patterns, and drawing tools to assist in analysing trends. The MetaTrader 4 trading platform includes extended-hours data [1], standard indicators, patterns and technical events, and drawing tools such as trendlines and Fibonacci retracements. Additionally, Axi offers the AXIS image review and analysis tool [2], which uses all available data from devices to provide in-depth analysis and insights.
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