Axi Review 2023 Pros, Cons and Alternatives

Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. The broker has an education center with different free training materials for traders at all levels.

On top of that, customer support is only available 24/5, so some clients might not be able to get their problems resolved over weekends. If customer support was available 24/7 as it is at Plus500, that would be great. The Axi website and trading resources are easy to navigate and function well. The educational resources and the practice and copy trade functions mean to give the user plenty of options for learning to trade. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice.

  • Axi is governed by a number of regulatory authorities worldwide, including the FCA in the United Kingdom and ASIC in Australia.
  • Axi Blog includes market research, education, and corporate updates.
  • Axi has also been around for more than a decade, so enjoys a good reputation within the industry.
  • In the same process, they also changed their existing website from to to match its efforts to revamp the AxiCorp brand.
  • In addition, custom indicators can be added and the MQL4 programming language ensures that traders can develop and test automated investing strategies.

The platform is friendly and efficient by auto generating and emailing log in details. Richard Gibson and Milan have been very patient with me and my team and have assisted in ever technical or financial issue we have had. I would recommend AXI trading and affiliation services to anyone. Axi Forex also offers a range of trading signals and automated trading options. Trading signals are generated by professional traders or algorithms and provide traders with entry and exit points for specific currency pairs. These signals can be particularly useful for traders who are new to the forex market or those who prefer a more hands-off approach to trading.

Elite accounts can also only be opened in EUR, USD, GBP and AUD. Axi has a regularly updated blog, which details industry announcements and views as well as insights into economic news across the globe. There is also the opportunity to receive market and technical analysis from experts. In addition, guides and infographics provide added data for traders. Generally, the spreads offered by Axi are in line with other sites. For example, the average spread for EUR/USD with a standard account is 1.3 (0.2 with a pro account).

Trading fees and other costs

In the fast-paced world of forex trading, staying ahead of the game and making informed decisions is crucial. Traders need access to the latest tools and features to enhance their trading strategies and maximize their profits. Axi Forex, a leading online forex broker, understands this need and continuously updates its platform to provide traders with the best possible trading experience. In this article, we will explore some of the latest trading tools and features offered by Axi Forex.

  • Axi offers a great selection of 70+ major, minor and exotic currency pairs.
  • In this article, we will explore some of the latest trading tools and features offered by Axi Forex.
  • It accomplishes this by linking forex traders to their forex trading accounts.
  • This included comparisons to popular currency brokers including Pepperstone and IC Markets.
  • Trade over 130 products, no minimum deposit required and trusted by 60,000+ traders globally.

Trading Forex with Axi gives you several advantages, including security and negative balance protection. The broker provides traders with the popular MT4 trading platform. Axi hosts weekly free webinars on a variety of topics, including market analysis, trade management, trading psychology, and much more. Whether you’re just starting started in trading or an experienced trader, there’s always something new to learn about the markets. Our Compare Forex Brokers’ Axi review found that it has a US subsidiary called Axi USA.

Additional Features

The FCA and ASIC are top-tier regulatory authorities that provide traders with the assurance that a company is fully transparent and ethical in its business dealings. Tier 1 regulation also mandates that all client funds are kept fully segregated from the broker’s corporate accounts in client trust accounts at top-rated banks. axi review This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. Axi requires a minimum deposit of $0 for all live account types, and it will not charge any fees on deposits. However, as with many brokers, you should be aware that there may be charges from the payment providers, which are beyond Axi’s control.

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Axi is also one of the few brokers to offer funded trading accounts. Axi Select has six stages with funding available to traders that can demonstrate they can achieve consistent returns while managing risk. 150+ assets are available, along with live pricing and real-time charting. Clients can also keep abreast of the latest trends using the automated news feature. In addition, custom indicators can be added and the MQL4 programming language ensures that traders can develop and test automated investing strategies. The Myfxbook third-party application also integrates with MT4 to offer clients automated trading capabilities.

What is the minimum deposit requirement for opening an account with

In 2020 alone (FY20), the broker recorded over $2.5 trillion worth of trades. This is the most widely used version of MT4, with millions of traders across the world using it to trade the financial markets. Axi’s entire range of trading instruments is available via the high-performance MT4 interface. Axi MT4 has the benefit of having invested in co-located servers and fibre optics for speedier trading.

Traders are not machines and part of the investing process is handling risk & developing strong trading psychology. Learn everything you need to know about the best trading strategies and techniques and how you can implement them in your trading strategy. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

This is the avenue US-based traders need to choose to trade forex to meet American regulation. At present, the broker offers two different types of trade executions. These are the ECN instant trade order and Non-Dealing desk execution. Overall, Axi fully complies with the regulatory standards imposed by some of the top financial regulators in the world. However, it’s worth mentioning that in Nov 2019, New Zealand’s financial regulator suspended AxiCorp licenses for not complying with the Financial Markets Conduct Act 2013.

Traders can trade with peace of mind knowing that their funds and information are secure. In our analysis of 23 international regulators across 62 of the best forex brokers, is considered Highly Trusted, with an overall Trust Score of 99 out of 99. AxiTrader is considered Trusted, with an overall Trust Score of 81 out of 99. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors.