This includes any minimum deposit and also the methods available as well as the fees. This is only available to their UK and Irish traders though due to regulatory requirements. Again here you will be glad to find there is no minimum deposit needed. Discussing value you will find a very low spread from 0 pips if working with a Pro account and an equally competitive spread from 0.4 pips on Standard accounts. The broker also provides for a great range of VPS choices in ForexVPS, MetaTrader VPS, BeekSFX VPS, and CNS.
Available Assets at Axi
Axi’s Pro account is definitely at the same level as most of their similar competitors. The real strong advantage is their Elite account which definitely outranks any other FX commission offer out there with a $3.5 per lot round turn offer. The only issue axi forex broker is of course, being able to afford the $25,000 minimum deposit to get such conditions and also being an eligible professional client if you’re located in Europe. The broker uses industry-standard security measures to ensure that client data is kept safe.
Seamless Funding and Top-Notch Risk Management Education.
To help ensure you have more money left to trade with, Axi charges no fees for funding and withdrawals to or from your trading account, up to a value of $50,000 per month. If you exceed this monthly Fee Free Limit, they do reserve the right to pass on your Neteller and Credit card transaction fees. This is pretty much standard practice and not a deal breaker for me. If you have further questions, you can contact your account manager who will be happy to help. Axi have a global, multi-lingual team available to help you 24/5.
prompt response and fair solutions
The free educational course covers many aspects of trading from how to place trades, risk management, chart analysis, news trading and more. They can help you to arm yourself with essential skills and strategies to trade the financial markets. I think it is fair that they require a certain volume to cover the cost.
Traders who are looking to profit from some of the world’s most popular stocks can consider trading stock CFDs with Axi. Note that Axi currently does not offer a proprietary mobile trading app, just like some of its peers, such as IC Markets. Finally, let us compare Axi Standard Account average spreads with those other major brokerages offer on the three most actively traded Forex pairs. Ultra-competitive pricing and fairer charges, so more of your money is invested in the markets. There are also video tutorials on the MT4 trading platform and eBooks available on both forex and stocks to keep you up to date and growing your knowledge. Here you will be able to take full advantage of the deep liquidity provided by more than 20 liquidity providers with hundreds of additional sources to Axi.
The live chat is responsive, with agents connecting quickly, and you can choose to communicate in a language of your choice. Email and phone support are available five days a week, though the service does run for 24 hours a day. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.
It is easier to use than it sounds, and could really provide you with some great trading insights to help manage your trading. CNS Forex VPS – This VPS has been specifically designed for Forex traders. It is priced at $35/month and provides for a very high security level. There are 11 indices available that are traded as futures at Axi. These include markets from around the world in Europe, Asia, and Australia.
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. The fact they are well regulated gives me peace of mind so I can focus on my trading. You can trade a great selection of instruments across multiple asset classes with top class trading conditions. The broker has tight spreads, fast trade execution speeds and low commission fees. In addition to this, you also get a choice of convenient deposit/withdrawal methods, helpful trading tools, educational materials and 24/5 support.
- The Autochartist pattern recognition software can save you time scanning the charts by conducting automated chart analysis for you.
- The broker also provides for a great range of VPS choices in ForexVPS, MetaTrader VPS, BeekSFX VPS, and CNS.
- In addition, you will benefit from a great range of risk management tools which are available to provide you assistance.
- From the high performance MT4 terminal you can access Axi’s full selection of trading instruments.
It lets you analyse your trades and copy strategies from other traders. You can search for systems that meet your requirement by filtering statistics that matter the most to you. MT4 NextGen is a more advanced version of https://forexarena.net/ 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.
Axi’s entire range of trading instruments is available via the high-performance MT4 interface. MT4 includes a user-friendly interface and a variety of perks and features, such as technical indicators for chart analysis, automated trading, one-click trading, and versatile charts and tools. Axi MT4 has the benefit of having invested in co-located servers and fibre optics for speedier trading. Axi also operates on mobile platforms, allowing clients to conduct trades on iOS and Android devices through its proprietary copy-trading app and the third-party MT4 and MT4 Webtrader platforms.
Since Axi is an ECN broker, they typically offer very low spreads. A commission of $7 is also applied per lot on a round turn trade if you are using a Pro account. Added to that, the execution speed is typically lightning fast and you don’t have to worry about receiving any requotes. Considering the downsides or limitations of the broker, there are a few points to mention. The number of available assets at just over 130 may be a concern for some experienced traders though the list does include forex, index, commodities, and cryptocurrencies. Axi’s platform is easy to use, and the range of trading instruments is excellent.
These minor pairs include GBP/AUD, EUR/CHF, EUR/AUD, and many more. Axi is an award winning, regulated online broker created by traders for traders. 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. It obtains its revenue from spreads in its standard accounts and commissions charged in its pro accounts.
Here is a detailed look at exactly which markets are offered for trading by the broker. Ultimately this should provide you with a great deal of choice so that you can avoid paying any currency conversions fees if your deposit or withdrawal method currency does not match up. When it comes to regulation, Axi recognizes the importance of trusted regulation for traders. They act on this by providing well-respected regulatory oversight from three key bodies.