AXI AxiTrader review 2024 ++ Scam or not? Broker test

They are always looking to improve their services in order to stay up to date with the latest innovative technologies and continue to deliver excellent customer support. You even get a dedicated account manager that is available to assist you in reaching your financial goals. 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. While Axi has three well-regulated subsidiaries, most international traders will deal with the unregulated unit operating from St. Vincent and the Grenadines. Since Axi has an exceptional reputation, I do not view this as an issue.

Axi MT4 forex trading signals

• The elite account is only offered to professional trades as it requires a minimum deposit of $25000.
• The company gives its dedication to delivering the needs of aspiring traders as well as professionals in online trading.
• VPS hosting ensures fast execution and no downtime by making sure your platform keeps running 24 hours a day.
• This area is constantly updated and provides technical and fundamental chart analysis that may be used to generate prospective trading ideas.

ForexVPS – They offer 24/7 customer support at a price of $34,99/month, but Axi will cover the fee if you trade more than 20 lots per month. These include markets from around the world in Europe, Asia, and Australia. They are the NAS100, SPX500, and EU50, perfect for lower risk trading. This is a good bonus since many top forex brokers do charge some kind of inactivity fee. Overnight fees are common among every broker, and are the charge you incur for holding a position overnight.

Is negative balance protection included at AxiTrader?

If they do not accept your country, you can look at our broker ratings for an alternative option. In fact, you must log in through the email they sent you with your password credentials to be able to access your Demo account. 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. Any experience in cloud deployment with Microsoft Azure, AWS or similarEagerness to learn and passion for delivering best in class digital solutions. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.

Axi MT4 Desktop Platform

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. The correlation trader will show you the correlation between different instruments and can help to find potential trading opportunities and for order management.

Inactivity Fees

You can trade commodities without needing to purchase the physical asset as you are simply trading on the price movement of the underlying asset or instrument. Some of the most popular traded commodities are gold, silver, oil and gas. The Axi Trading Circle is an exclusive online trading community that makes it easy to connect with leading experts, qualified analysts and traders all around the world. You can join the community to ask questions, open discussions and get practical guidance on becoming a better trader. There is a markets blog where you can read about the latest market news. This section is frequently updated and includes technical and fundamental chart analysis which can help inspire potential trade ideas.

Review of the trading conditions for traders

Just done a withdrawal and waiting to see how that goes and how long it takes. But ill be back in a month or so to do another review on how I get on. Once you’re on the Customer Portal, select Withdraw Earnings (on the left-hand corner), select the appropriate withdrawal mode for your account, and then follow the instructions. Axi has support in 6 languages in around 12 countries that are trading with the firm. The live chat has an instant response, which ‘instant’ means that you will receive a response within 10 minutes. You should not worry about your personal details as the website of Axi is encrypted to secure your personal information.

The platform has more than 280,000 users from around the world thanks to its excellent reputation and beginner-friendly platform. Multiple authorities regulate the broker and, overall, a perfect choice, no matter if you are experienced with trading or just starting out. Technical analysis, on the other hand, is a discipline that helps traders evaluate investments and identify trading opportunities. It gives traders the power to analyze statistical trends gathered from trading activity, such as volume and price movement. When combined together, this can be a powerful edge to get better trades in trading.

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, axi forex broker this is a great tool. The economic calendar keeps you up to date with the latest market news and can be set to send you alerts on specific events.

Accordingly, residents in relevant geographies can anticipate services that are airtight in terms of safety. Additionally, in tandem with oversight from the Dubai DFSA, Axi ensures that traders from 150 countries can access the trading platform in a secure, compliant manner. Traders have access to two account types, the commission-free Standard and the commission-based Pro. I advise against the former, which despite the advertised minimum spread of 0.4 pips, carries costs roughly three times above that and beyond. It is an expensive account, and I recommend traders opt for the Pro alternative.

Another VPS option is MetaTrader VPS, which is offered by MetaQuotes at $10.00 per month. These are spread across the major, minor and exotic currency pairs. Trading Forex with Axi gives you several advantages, including security and negative balance protection. Axi allows traders to use the world’s most popular trading platform, MT4, to trade the over 150 trading products it offers. The MT4 trading platform is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is compatible with Android and iOS devices.

They offer tight spreads, low commissions, rapid trade execution speeds and a range of different markets. Advanced platforms and trading tools ensure an excellent trading experience. The educational centre offers chart tools that provide concise information on various commodities, equity indices and currency pairs. The FX charts offer in-depth information on various charts and provide a suitable interpretation of the various price fluctuations.

I personally prefer the MT4 desktop platform as it has all of the features and functionalities. I actually run multiple instances of the MT4 platform to try out systems on different brokers. You shouldn’t have any problems opening charts, loading indicators, setting alerts, entering and managing positions.

It has gathered various awards, including as the most trusted Forex broker. Axi requires a minimum deposit of $0 for all live account types, and it will not charge https://forexarena.net/ 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.

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. This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. The standard account requires no minimum deposit, has variable spreads starting from just 0.4 pips and charges no commission.