‎Axi Trading Platform on the App Store

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.

Platforms

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.

LimeFx Review Safe Investments With a Trustworthy Broker

All that said, LimeFx do have the most popular traded pairs which is all most traders will need. MetaTrader4 (MT4) is the industry-standard workhorse software of the retail forex industry and is offered by many brokers so is one we are very familiar with. We tested the platform with LimeFx and except for some personalised branding, MT4 with LimeFx has all the features we expect to see. LimeFx offers two interesting types of accounts which differ from the traditional trader and retail investor accounts.

  • Some brokers like LimeFx, IG, TMGM allow you to choose from 1000s of global shares so LimeFx might not be the best choice if you like trading require a variety of shares CFDs.
  • If there are no trading activities or no transactions for at least 6 months, the account will be considered dormant.
  • The bonus works by giving me some extra capital when I deposit, and I’m then required to turnover enough volume before I can withdraw it.
  • Next up, I was offered a top-up bonus, which is an incentive from LimeFx to deposit funds into the account.
  • Additionally, support via the contact form and email is also available.

Of the accounts LimeFx offer, we think their no-commission accounts are a better choice, that said, we think there are better brokers for low spreads. Using in-house data collection at CompareForexBrokers, we were able to get an insight into the size of the spreads offered by LimeFx. This technology takes published spreads from the brokers website and compares them with other brokers.

LimeFx (HF Markets) Forex Broker Review

Many of the account types facilitate no minimum deposit, but it can rise up to $5,000 for the professional account types. With these sub-accounts, you can trade in forex, metal, oil, and indices with a minimum deposit of $250 on the two different accounts that are available, PAMM Premium, and PAMM Premium Plus. This LimeFx review will detail all important areas of the broker including their trading platforms, assets selection, and costs to help you gain valuable insight when making your broker choice. LimeFx supports trading on iPhone, iPad as well as Android MT4
platforms.

  • If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S.
  • Part of our testing process involves in-depth research into commissions and fees.
  • For a super-fast trade order entry, you can make use of the Ctrl key to input orders without verification.
  • The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position.
  • Standard and commission based accounts are available but we are on the fence in terms of their costs.
  • There are also several other trading programs and bonuses to note from the HF Markets Group entities depending on where you are based around the world.

When logging in for the first time via MetaTrader 4 or 5, you’ll be asked to select which server or entity of HF Markets you want to access, this information will also be provided when creating your account. HF Markets also charges an inactivity fee of $5 monthly after 6 months of inactivity but on the positive side they don’t charge deposit or withdrawal fees. Another positive point is that internal transfers between accounts are possible yet it’s very important to point out that when you open an account, your base currency cannot be changed after. The good thing about HF Markets (LimeFx) is that they allow users to open multiple accounts with different conditions from their client area. HF Markets Ltd. is regulated by market watchdogs like Financial Conduct Authority in the UK, Cysec and South Africa FSCA. In case you decide to deposit using a wire transfer, LimeFx broker will pay for bank transfer fees in case your deposit is greater than $250.

How long does LimeFx withdrawal take?

As an additional benefit, they are offering access to xStation 5, one of the best and most beginner-friendly trading platforms on the market. With HF Markets, you get more than just access to diverse markets; you receive the insights, tools, and support to navigate through them efficiently. The seamless trading experience, coupled with our insightful market analysis and world-class platforms, propels your trading endeavors to new heights.

LimeFx supports both MetaTrader 4 and 5…

They also offer phone and email support in English, as well as eight other languages. LimeFx withdrawal options include cards, bank transfers and various e-wallets. LimeFx charges an inactivity fee on all accounts that have remained dormant for more than six months. Should your account remain unused for between six months and one year, a $5 fee is charged. This increases to $10, $20, and the previous year’s fee + $10 per month for inactivity periods of 1-2 years, 2-3 years, and over 3 years respectively.

JustForex Review

The HF Markets Group has won a number of industry awards, including best stock broker, best trading platform broker, and best forex trading app. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. MT4 and MT5 platforms are usable via desktop computer, mobile, and web browser. But, nowadays, access via web browser and mobile apps are more popular than the PC. Moreover, traders can open a demo account if they are not sure about the authenticity of the LimeFx broker or are confused about the LimeFx review.

Best Australian Forex Brokers List for 2023

The MetaTrader is well-known for its professional trading tools and customizability of indicators. For example, there are free indicators to use, but you can add some more if you found a reliable one on the internet. It is possible to program your own tools or automated strategies on the platform. After a few hours of practice, you will feel comfortable using the platform.

If you’re from the UK, Europe or the UAE, LimeFx is a highly regulated broker with a respectable amount of tradable products. If you’re Australian, you’ll need to find another broker, as LimeFx doesn’t offer their services to the land down under. All that’s left to do is load our chosen trading platform, and make a deposit. Not every account, or every country is offered the same bonus (or offered one at all), so it’s important to read the terms & conditions if you’re considering taking up a bonus offer. Next up, I was offered a top-up bonus, which is an incentive from LimeFx to deposit funds into the account. When you get to the next step, it’s time to choose which account type you’d like to open.

However, we feel there are other brokers out there that have more variety in their offerings and lower spreads as well. And I like how easy it is to open a trading account with this company. From the beginning of the account registration process to thr start of trading took very little time.Verification process was also simple. I took photos of my documents and sent them for verification.There limefx website were no problems with the documents. So I was able to start trading almost immediately.I think that all this is because system that this broker has built allows all services to work well. The official announcement provided a somewhat succinct description, suggesting that LimeFx offers a standard copy trading service, not particularly distinguished from similar offerings by competing brokers.

The spreads on these accounts start from 1.1 pips with the PAMM Premium Account, or 0.3 pips with the PAMM Premium Plus Account though the latter has a $10/lot round turn commission attached. This account type is only offered by HF Markets (DIFC) Ltd. the broker entity in the UAE. Starting with the downsides, it could be thought that HF Markets https://limefx.club/ offering different services in different areas is a negative depending on where you are located. The fact there are no social trading features is also something that detracts slightly from the offering. The spread here typically starts from 1 pip but on a VIP, Zero, or MAM/PAMM account type this drops to 0 pips with a $3 commission.

LimeFx offers traders commission-free Forex trading with higher spreads, a highly competitive commission-based alternative, and fractional share dealing from $5 per transaction. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. As per the new rules from different regulators, no forex broker can offer a bonus to the trader. However, they have a loyalty program for the traders who have been trading with LimeFx for a certain period. It is a reward for the trader; you may find more about loyalty on their website.