Find more information in this AxiTrader review and rate the broker yourself

• 5 June 2020
• Forex Trading
• 0 Comments

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. This regulatory suspension, however, has no impact on the international clients that AxiTrader LTD operates. Both entities are different and fall under distinct jurisdictions. Hence, AxiCorp LTD, which runs AxiTrader, has not suffered any license suspension. It remains fully compliant with all the designated regulators.

One of the new introductions in the rules involves restricting brokers from offering bonuses to clients. That is why AxiTrader is so dedicated to building trust and ensuring proper regulation. The spread of the standard account type starts from 1.0 pips with no commission. This means it offers products from MetaQuotes Software Corporation, developers of the popular Meta Trader platforms.

Don’t wait till client write on the trust pilot to solve the issue.

Over the weekend a scheduled maintenance was performed on some of our servers which led to an incorrect account balance on your account. But I was given 50$ as a thank you gift for joining in the contest, have been trading with the broker since then, and I really enjoyed a good trading condition. In order for us to assist you, may we please ask you to provide us with your full name, email address registered and the detail of your concern?

Customer Support

Axi offers a well-rounded educational program, making it a good choice for beginner traders. The third-party PsyQuation trading analytics platform also provides an excellent tool to make traders better. Axi offers Forex traders a well-regulated, trustworthy, and competitive trading environment. Some industry publications place it among the Top 10 Forex brokers by trading volume. The Axi blog also features high-quality educational articles, and I can only recommend that traders of all levels take a look, as there is plenty of thought-provoking content. Five eBooks are also available free of charge, but Axi asks for a name, country, phone number, and e-mail address.

Almost every broker today has an impressive looking website with excellent trading features and options. But when it comes down to trading, their platform is not as quick or user-friendly as portrayed by them. Additionally, many of them forget to offer basic support during emergency or crisis hours. Remember, when you initiate a transaction or even if you intend to close one, you may have several questions running at the back of your mind. All markets and assets that Axi offers are available to trade on all three accounts, unlike some brokers that limit the number of tradable assets depending on the account in question.

Fraud platform. Close the backstage and trading system, and block customers?

If you are on the international website, you will only be able to access forex market analysis news and educational pieces. Also, the quantity of news differ from language to language – for example, news in Spanish only seems to be updated once a month. A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. We compare Axi’s fees with those of two similar brokers we selected, TMGM and Eightcap.

Axi hasclear portfolio and fee reports.You can easily see your profit-loss balance and the commissions you paid. However, all your monthly financial statements are available to download at the Client Portal. You should click on ‘Financial Statements’ within the ‘Trading Accounts’ menu. The web trading platform of Axi is highly customizable and has a clear fee report. On the other hand, its design is outdated and it lacks price alerts.

AxiTrader – Brand Review

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 …. However, AxiTrader provides a splendid mobile trading application based on AxiTrader review 2023 on any Android and iOS mobile device. Financing costs on swap rates or overnight positions, however, apply.

Opening an account with Axi.com is simple enough, and you will only need to visit their website to being the registration process. If you want to know more about the traders, you can copy and would like to look at Axi’s select investor list; then you can check that out here. Below is just a snapshot of a few trades this week but multiple trades have slippage of 6,7 or 8 pips and one was 34.5 pips. Create your login via the Axi website, you will be asked for your name, email address, country of residence, phone number, and whether you want an individual, joint or company account. The market scanner provides statistically significant market movements and identifies important price levels that are catalysts for market movements.

Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. Axi offers competitive pricing on its PRO account, with low spreads and round-turn commission per trade. MetaTrader 4 comes with a standard that differs from broker to broker. On the surface of the platform, there can be notable differences in spreads and commissions, execution methods, and other tools and administrative areas that can affect your trading experience. As for education, we found that AxiTrader offers a good choice of educational materials including a huge choice of more than 60 video tutorials. The broker also offers video tutorials on MT4 trading as well, and multiple articles and eBooks regarding Crypto trading and both forex and stock markets to keep clients up to date.

Always check the pre-set levels of leverage on forex and CFDs, as it is usually high. Since Axi is a MetaTrader-only broker, Android & IOS of the MT4 app are available for download from the Play store & app store respectively. Traders can monitor their trade and take entries immediately with mobile devices. The fund, without regulation, is flowed into private account, with virtual amount on my account.

Let’s not forget the fact that most of the traders are either travelling or are always on the move on a daily basis. Hence, they may or may not get ample time to access their accounts through their desktops. Thus, it is crucial that brokers provide their trading platforms and features over mobile phones or smartphones too.

What is the Axi minimum deposit?

These questions and concerns are genuine and thus it is important to search for a broker that offers 100% customer satisfaction and support. With AxiTrader, you’ll enjoy excellent customer support and services. Our experts found that their customer support desk is open five days in a week and is adept at resolving issues amicably. It goes without saying that a broker must be adept at executing both deposit and withdrawal requests.

They are required for opening an account, and therefore not an obstacle to new clients. The video library consists of eleven courses, consisting of numerous lessons. https://broker-review.org/ 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.

• Add your bank account details, like IBAN and Swift code (if you haven’t done it before).
• In 2020, the broker is compliant with several top-tier authorities.
• Most of the research you would have to do is done by the Autochartist plugin and PsyQuation Premium tools.
• The job it has is to offer you trading signals, in-depth forecasting, and quantitative analytics for better trading.
• Some industry publications place it among the Top 10 Forex brokers by trading volume.

Becoming an IB partner means earning a commission on every trade made by other clients you introduce to Axi. Some benefits of the IB program include daily payouts, advanced tracking and detailed statistics of accounts, and flexible numeration. Axi.com offers their clients negative balance protection as per the Risk Warnings section of their website. It states that if you are classified as a “retail client,” then you are afforded the protection of negative balance.

Trading education may not play a direct or significant role in a trader’s performance but it definitely helps him/her in understanding the basics of online trading. Additionally, it also familiarizes traders with the key aspects, terminologies and strategies of trading, which may be extremely helpful to them in the long run. This is one aspect of online trading, which has gained a lot of popularity and prominence in the last few years. Brokers are realizing that in order to attract more number of traders, they must extend adequate trading knowledge and information to their clients on a regular basis. This is another aspect where AxiTrader certainly excels in terms of training and educating traders. Thus, the broker is regulated and authorized by the Financial Conduct Authority of the UK .

I received replies that the payment is on hold and so on and so forth. AxiTrader’s mainstay MT 4 trading software brings a very competitive technical solution to trade through the financial market to make a respectable profit for traders in every trading session. The primary reason why the AxiTrader Forex trading platform prefers to use the popular MetaTrader 4 is that the application is built for traders of all experience levels. Traders can opt for similar order types and order time limits as AxiTrader’s web platform.

The AxiTrader’s clients as well enjoying direct access to various liquidity providers from over 14 world’s largest banks. Axi processes withdrawal requests within one to two hours, ensuring traders get swift access to their capital without complications. There are no internal fees, but third-party processor costs apply. I recommend traders check with their preferred one to ensure the most cost-efficient method. Traders must request withdrawals from the secure client portal, and the name of the Axi account must match the one on the payment processor or bank account. I like the hassle-free withdrawal approach at Axi, as it adds to peace of mind when trading.

The job it has is to offer you trading signals, in-depth forecasting, and quantitative analytics for better trading. There’s a Correlation Trader, which reduces your errors in money management and helps you find new opportunities to trade by finding out where there are correlations in the markets. There is Forex News to make sure that traders know what is happening in the market as it happens and predicts how the market may respond, to be in the best position.

We’ve very rarely seen the broker to broker transfer feature and it should be commended how AxiTrader managed to partner up with their direct competitors and convince them to have this feature. The fact that that could be the case, removes any and all AxiTrader scam suspicions completely and allows us to review the brokerage from a completely different perspective. Since its inception in 2007, AxiTrader has been the recipient of a number of awards including “Best MT4 Broker”, “Most Reliable Forex Broker” and “Most Trusted Forex Broker”. Get our newsletter with inspiration on the latest trends, projects and much more. You can also find more information on their jurisdiction policy which they provide here.

In AxiTrader’s case, the trader offers the immensely popular and user friendly MT4 trading platform. Their platform is also easily accessible through mobile phones. Below, find out more about the broker’s trading platform and software. Trading platform is without doubt one of the biggest concerns of a trader when it comes to picking an online forex broker. An easy to use, simple, secure and feature rich trading platform certainly goes a long way in meeting the trading requirements of a trader and helps him/her in taking accurate and profitable decisions.

Email the axi account manager you have been dealing with OR email the main axi support line. I haven’t equivalent cost of the LTTTM course as a trading credit directly into trading account. Step 4 – Then Fill In This Form To Inform AXI You Want To Receive The Special Offer Here and they will credit the equivalent cost of the LTTTM course as a trading credit directly into trading account.