Traders can get the advantages of Bitcoin’s high volatility without the need for a digital wallet, no requirement to purchase physical Bitcoins and without the risk of digital currency theft. Axi have an economic calendar that gives you details on upcoming news events which can be filtered by trading instrument, date and impact. 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. Leverage is often called a “double-edged” sword as using it magnifies both potential profits and potential losses a trader could occur.
- As the experienced traders built it, Axi is easy to use for anyone with any expertise level.
- You can join the community to ask questions, open discussions and get practical guidance on becoming a better trader.
- Customers will also appreciate that Axi stands readier than most to respond to their inquiries and problems, via live chat, email, and several toll-free phone numbers.
- We combine the world’s most popular platform, MetaTrader 4, with exclusive Axi tools and all the supportyou need to trade your edge.
- I would consider Axi to be a market leader in many aspects which I will cover throughout this review.
- However, you must do your own due diligence and make your own decisions when choosing a broker.
Any rates, terms, products and services on third-party websites are subject to change without notice. Axi is a licensed broker, which means it must adhere to strict laws and standards in order to safeguard its customers. Please axi review bear in mind that while different authorities govern the broker in different regions, each market has its own set of restrictions. The broker’s safety is enhanced by the fact that a top-tier financial body regulates it.
The broker provides CFDs on forex, commodities, indices and crypto instruments for you to trade online in a competitive trading environment. With a seamless account opening process, the broker offers the most popular MT4 trading platform across web, desktop and mobile devices. There is the option of a demo account to learn, whilst the broker also provides a variety of educational resources to help educate beginners so that they can make informed decisions. The broker has no deposit or withdrawal fees, tight spreads from just 0.0 pips and competitive commissions, all which make Axi stand out among its competitors. Established in 2007 in Australia, Axi (formerly known as AxiTrader) has grown to become one of the leading names in the online trading industry. They provide advanced trading platforms, special tools, and a trust-driven trading experience under strict Top-tier regulations of ASIC and FCA.
Account opening is simple and completely digital, with no minimum deposit requirement, which is fantastic. It only offers FX and CFDs, and its research tools lack suggestions and basic data. You can open an account with Axi and try them if you wish, as they require minimal trading costs with no deposit, withdrawal, or inactivity fees.
Deposits and withdrawals can take anywhere from instant to 3-7 business days, depending on the payment method used at the time. There are no costs or fees for deposits and withdrawals by Axi, which gives it a massive advantage over some of its competitors. You need to make sure that any deposits to your trading account are made from an account in your name.
- The broker offers trading education via multiple means such as trading courses, platform tutorials, videos, ebooks, essential news, market analysis, and expert commentary.
- However, they could have been done better if they would provide 24/7 service.
- Axi forex and CFD broker is ideal for experienced traders who can rely on their professional skills whilst also having everything in place that a beginner needs to succeed.
- Autochartist automatically finds Fibonacci patterns such as extensions and retracements as well as chart patterns such as Triangles, Wedges, Tops and Bottoms.
The economic calendar keeps you up to date 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. The alarm manager can send you customised alerts which is useful if you are monitoring multiple charts at once and do not want to be at your screen all of the time. You can still set standard alerts in the MT4 platform which do more or less the same thing.
Explore our account options including pro accounts with 0 Pips +7$ commission
DupliTrade is an auto-execution mirror system displaying advanced features. It permits traders to launch automated orders by following and duplicating successful traders’ strategies. As well as this, PsyQuation has several other features that could be of great interest to a beginner trader.
commission.100% edge on Share CFDs
We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews.
Is Axi regulated?
I think it is great that they enable you to learn as much as possible. This shows me that they are a broker who wants to encourage informed trading decisions. Axi have an education centre with free training for all levels of traders that covers a range of basic, intermediate and advanced subjects. The centre includes eBooks, webinars, video tutorials and a glossary. That means you can be confident you’re getting the essential information you need, from people who understand the industry. Courses are self-paced so you have flexibility to go over lessons as many times as you need.
It will display patterns discovered on an instrument of your choice, along with a pattern quality rating. You may set up alerts to notify you when patterns are discovered, and it can also anticipate potential stop loss or take profit levels. Copy established strategies and portfolios from hundreds of traders all over the world right into your MT4 platform to automate and simplify your trading experience. All services are provided on an execution-only basis and no communication should be construed as a recommendation or opinion to buy, hold or sell any of the financial products issued by Axi. All services are provided on an execution-only basis and no communication should be construed as a recommendation to buy, hold or sell any of the financial products issued by AxiCorp.
An Introduction to Axi
Demo accounts are available if you wish to test trading conditions and platforms before opening a real account. This can be a great way to familiarise yourself with the trading platforms and practice your trading strategies with virtual funds, risk free. Once you feel confident enough to trade with real money, you can then consider opening a live account. I would always start on a demo account to see how things go when trying a new system or broker.
MT4 NextGen is a more advanced version of the MT4 platform with some additional features including advanced management tools, enhanced ordering and sentiment trading. You can get it for free when you open a live account and deposit a minimum of at least $1,000. You will get to select from two types of live accounts, standard and pro. A standard account offers higher spreads but no commissions, while the pro account includes commissions with raw spreads.