Axi Blog includes market research, education, and corporate updates. This area is constantly updated and provides technical and fundamental chart analysis that may be used to generate prospective trading ideas. AxiTrader also provided video tutorials on how to navigate their platform. The broker could provide more video tutorials covering other topics.

• It is important to emphasise that signal performances are based on historical performance and there is no guarantee on future performance.
• Founded in 2007, AXI has gained popularity among traders engaged in scalping and auto trading thanks to the low spreads and fast execution speeds on offer.
• The same year Axitrader received a significant investment from the Australian-local private equity firm RGT.
• Five eBooks are also available free of charge, but Axi asks for a name, country, phone number, and e-mail address.
• Axitrader withdrawal fees vary on payment method.Axitrader doesn’t charge inactivity fees.

An equivalent trade on a zero spread account with Fusion Markets will incur a $4.50 commission per round turn, which is, at present, among the most competitive offers within the industry. Axi also offers a swap-free account type for clients of the Muslim faith who do not want to earn or pay interest. With this account, trades in all available instruments will not incur nor be paid any swap or interest, in accordance with Sharia law.

Axi also offers various online courses right from basic Forex introduction to in-depth market analysis. The broker offers several educational videos which the registered traders can watch free of charge and get enlightened. In addition to the above, the broker also posts daily market updates. The site navigation is very nice and offers the best graphical user interface, which makes it ideal for all forex traders. Their trading platforms extend MAC and Windows PC and mobile trading tools like smartphone devices such as the iPhone and Android phones and iPad and Android. Traders can make use of the Autochartist and Myfxbook Autotrade, which is a social-based trade community.

Author of this review

It can help traders improve their performance, which I find an excellent tool. Axi also uses the PsyQuation score for its AxiSelect program, which funds talented traders with capital, a rare and unique feature. Made a deposit by bank transfer and within a day it was booked on my trading account. But waiting now for more then a week to see it on my trading account. After third time contact help desk (different member) it’s not clear where my money is. It give me the feeling they don’t care I’m loosing money on there poor service.After a bad review on this site finally there been some action.

• To further enhance security, we encourage traders to always look for the lock sign on their browser when using Axitrader web trading platforms.
• Axitrader Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily.
• Our team has endeavored to break down the complex world of trading with Axitrader into easily digestible information in this Axitrader review.
• CNS Forex VPS – This VPS has been specifically designed for Forex traders.
• An Axi withdrawal typically can take up to two days and there is usually a $5 minimum withdrawal depending on the method you use.

Overall, Axi are one of the most impressive brokers I have come across. They standout in so many areas, especially when it comes to market analysis, education and customer support. I find them to be a reliable broker and like that I can get easy access to trade the markets on user-friendly platforms and apps.

How to open an account with AxiTrader?

Axi offers a comprehensive instructional program, which makes it a great alternative for new traders. The third-party PsyQuation trade statistics program is also a useful resource for growing traders. Individual users receive Negative Balance Protection, which guarantees they will not lose more than what they’ve invested with AxiTrader. To minimize confusion, customers have a single brokerage account with AxiTrader but can have many subsidiary profiles in the shape of trading software logins. What’s best as well about the service and assistance being offered by Axi is that the firm offers free eBooks. This is also something to look forward to when trading with AxiTrader.

Overall AxiTrader Ranking

The session map simply shows you the different markets opening and closing times. The automated trade journal can help to improve trade analysis by automatically recording your activity. If you want to find areas in which you can improve, this is a great tool. The economic calendar keeps you up to date axi forex broker with the latest market news and can be set to send you alerts on specific events. It is useful having the calendar build into the platform rather than needing to keep checking it externally. I always like to know what is happening around the world as the news can have a large impact on price movement.

Is Axitrader Global?

Additional currencies, especially asian currencies like the CNY, THB, IDR, MYR and more are supported depending on the deposit methods. For example, if you gave two accounts, one with a $500 balance, and the other with a $200, then your balance can go to -$500 on the other account since you have enough to cover it. Of course, the balance in the covering account will be deducted to reflect this as appropriate.

After all, it is the sentiment that moves the market most of the time. I believe this is a tool that should be readily available in all platforms. The MT4 mobile platform allows you to seamlessly connect your mobile device to the trading platform.

Payment Methods

Stocks, currency and other commodities and instruments will be brought or sold by Axitrader even if no buyer or seller is lined up. Withdrawing money from Axitrader processing time varies depending on the method but averages 1-5 days. After extensive research over several years, we have compiled a list of the most effective Axitrader alternatives available today.

You can set your favourites to only display certain patterns and filter by probability of success based on past performance. Autochartist automatically finds Fibonacci patterns such as extensions and retracements as well as chart patterns such as Triangles, Wedges, Tops and Bottoms. It can send you notifications when a pattern is discovered and identifies possible support and resistance levels based on these patterns. Axi give you FIX API trading solutions with a depth of liquidity and a technological edge to help keep your capital safe.

Is Axitrader A Good Broker?

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.

The exact spread depends, and the instruments you trade, and the commission will mostly depend on your account type. You can choose from the standard or pro accounts that are flexible depending on your individual needs. I appreciate that all of the accounts feature simple and secure funding, advanced trading platforms and powerful tools for finding trading signals. This is the most popular version of MT4 that is used by millions of traders across the globe to trade the financial markets. From the high performance MT4 terminal you can access Axi’s full selection of trading instruments.

Overall, I can confidently rank Axi as one of the best Forex brokers operational today. Axi provides traders with the out-of-the-box MT4 trading platform and upgrades it free of charge with the Autochartist plugin. I like that Axi adds Autochartist, which can assist beginner traders. MT4 is the market leader in algorithmic trading and remains the most versatile trading platform. It is available as a desktop client, where traders get the full functionality of MT4, a light web-based platform, and a mobile app. Axi advertises a minimum mark-up of 0.4 pips in its commission-free trading account.

This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Keep in mind that although they do not charge any funding fees, there may be some third-party fees when using certain payment methods. Bank transfers may take a few business days to clear whereas card payments and e-Wallets can be instant.