If you are looking for direct copy trading though, there may be more ideal choices. With this in mind then, Axi is a great ECN broker choice for ultra-low spreads. If you want a massive range of assets though maybe there are other more ideal choices. Finally, withdrawal times have been known to take a little longer on occasion, 3 days or more. When using the same asset, Axitrader permits two trades in opposing ways. When you have open Buy and Sell trades in the same asset, you’ll be required to pay half of the usual margin amount.
Pros and Cons: a summary
If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Axi.
Is Axi a market maker?
The different ways of funding presented by Axi are surely one of the reasons the broker has such great feedback from their great customer base. Generally, demo accounts are targeting newly forex-trade clients that still need to get practice on how to handle the live accounts and how exactly the market works. These accounts also work in case of the need to acquire new information axi review or knowledge about the market. It comes by nature that such a trusted broker from many traders would have the best regulations from the best financial regulators of the market. Along with being recognized in the market through awards and prizes. And so, Axi is making sure that when you’re trading, you’d have the supporting and appropriate regulations for your region.
5 award-winning service.100% committed to you.
MT4 Pro Account is the account that most professional traders prefer. It also offers raw spreads as low as 0.0, no minimum deposit, no requotes, and instant execution. This account covers the full market and allows you to trade Forex, Commodities, and CFD Indices from a single trading terminal. It is easy to use and has fast execution with the feature of MT4’s one-click trading. It enables you to track your progress with comprehensive trade history and improve with analysis too.
User Experience
The Axi mobile trading platform is provided through MT4 mobile and is available through iOS, Android, and your tablet devices. Again this mobile platform is easy to use and provides comprehensive access to all markets including powerfully detailed charts and tools so that you miss none of the action even on the move. Islamic accounts, also known as swap-free accounts, are fully compliant with Shariah law as they do not charge swap fees.
Deposit Fees
Whether you’re learning the fundamentals of Forex, discovering different strategies or looking for expert trading tips, the eBook series can help to improve your knowledge of the markets. This is yet another excellent tool provided by the broker and something that I have not seen implemented by many others. If you want to take advantage of this tool, BlackBull Markets are an alternative option who also have it. The correlation trader will show you the correlation between different instruments and can help to find potential trading opportunities and for order management. Limit orders will help manage your entry into new positions, and the margin calls provided will ensure your equity never drops below a particular level.
Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. We can say that these awards can serve as proof that trading with AXI is secure and that the company has excellent service. Axi is making sure to match all styles and levels of their traders and so providing different types of accounts to attend to clients’ needs.
Compared to other FCA-regulated brokers in the UK, Axi offers fewer instruments to trade. AxiTrader does not incur any non-trading fee for active traders as deposits and withdrawals are free. As GBP is available as the base currency no currency conversion fee will be charged for GBP deposits. This review has been specifically done for Axi Financial Services (UK) Limited which is the FCA-regulated legal entity in the UK.
Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market https://forexarena.net/ data, and recommendations are subject to change at any time. 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.
Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. XTB also provide this service if you are a looking to buy and sell cryptocurrencies. Enjoy daily access to exclusive expert insights, trend analysis and views on the latest market news, all designed to help build your knowledge and improve your trading skills.
This makes Axi a great place if you want to try spread betting at a low starting cost. The table below highlights some of the key broker areas, and the pros and cons in each. Any experience in cloud deployment with Microsoft Azure, AWS or similarEagerness to learn and passion for delivering best in class digital solutions.
The Axi Community completed an excellent set of value-added services at Axi, all intended to promote better traders. This forex platform is the most popular globally based on its functionality, ease-of-use and automated trading. Based on solely MT4 Compare Forex Brokers found Axi offered the best forex platform offering.
- When you trade indices with Axi you trade on the performance and price movements of stocks without actually purchasing physical ownership of an asset.
- The number of available instruments is the same across all account types.
- The company has complied with the Financial Conduct Authority (FCA) and gained its regulation.
- This section is frequently updated and includes technical and fundamental chart analysis which can help inspire potential trade ideas.
- Axitrader is a market maker and can take the other side of the trading position opened by the clients.
When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiTrader is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances.
