When you trade cryptocurrency CFDs with Axi, you don’t have to invest directly in the product. Instead, you’re simply trading on the real-time price movements in the market. So, while you don’t own the underlying crypto, you can benefit from the price movement in any direction. Traders who are looking to profit from some of axi review the world’s most popular stocks can consider trading stock CFDs with Axi. Axi also offers a swap-free account type for clients of the Muslim faith who do not want to earn or pay interest. With this account, trades in all available instruments will not incur nor be paid any swap or interest, in accordance with Sharia law.

• We do not provide financial advice, offer or make solicitation of any investments.
• They have some of the best customer support you will find anywhere, evident by the numerous awards that they have won.
• They are required for opening an account, and therefore not an obstacle to new clients.
• The broker has tight spreads, fast trade execution speeds and low commission fees.
• Axi does charge an inactivity fee, which adds to the excellent cost structure.

Traders can make use of the Autochartist and Myfxbook Autotrade, which is a social-based trade community. Registered traders can use Myfxbook to connect with their accounts and follow the trades of experienced forex traders. 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.

Spreads & Commissions

These are the ECN instant trade order and Non-Dealing desk execution. This means that in addition to classic currency pairs such as AUD / USD, GBP / USD and EUR / USD, there are also minor and exotic pairings. Minor, exotic and cross pairs can have more movements due to thin liquidity which can present significant profit opportunities albeit with a more high risk.

I have tried many brokers over the years and found them to be one of the best brokers for trading online within a secure and highly regulated environment. When spreads and fees are compared to other Australian forex brokers, the overall result was favourable. This included comparisons to popular currency brokers including Pepperstone and IC Markets.

For more than a decade, Axi has built strong relationships with top liquidity providers around the world. The broker can deliver you a more reliable trading service with better pricing and faster execution speeds thanks to these trusted partnerships. They are licensed and do all legitimate checks and ensure the client is ready and qualified to trade. Call centers do not harass customers at silly times with spoofed mobile numbers. The platform is friendly and efficient by auto generating and emailing log in details. Richard Gibson and Milan have been very patient with me and my team and have assisted in ever technical or financial issue we have had.

If you choose to use copy trading, Axi provides a list of traders and their statistics. You also have the opportunity to set risk levels to suit your risk tolerance. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.

Axi broker I found its trusted broker.

Myfxbook Autotrade is an online automatic analytics tool that connects with your forex trading account directly through your MT4 trading platform. 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. The broker offers some of the best trading conditions to beginners and experienced traders, as well as high volume traders. Besides competitive trading costs, Axi offers traders the third-party trading analysis platform PsyQuation. It can help traders improve their performance, which I find an excellent tool.

Tools & Features

The broker offers several educational videos which the registered traders can watch free of charge and get enlightened. In addition to the above, the broker also posts daily market updates. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.

You shouldn’t have any problems opening charts, loading indicators, setting alerts, entering and managing positions. Operating with integrity, honesty, trust and transparency is of the upmost importance. 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. Over 60,000 former Axitrader clients with live accounts from over 100 countries have continued to trust Axi with their online trading operations.

You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. Five eBooks are also available free of charge, but Axi asks for a name, country, phone number, and e-mail address. They are required for opening an account, and therefore not an obstacle to new clients. The video library consists of eleven courses, consisting of numerous lessons. While the videos in each are short, they introduce each topic to new traders.

Conto MT4 Pro:

Axi processes withdrawal requests within one to two hours, ensuring traders get swift access to their capital without complications. There are no internal fees, but third-party processor costs apply. I recommend traders check with their preferred one to ensure the most cost-efficient method. Traders must request withdrawals from the secure client portal, and the name of the Axi account must match the one on the payment processor or bank account. I like the hassle-free withdrawal approach at Axi, as it adds to peace of mind when trading. Axi offers 24/7 customer support via e-mail, live chat, or eleven toll-free numbers, but I did not find an FAQ section.

I like that there is a generous selection of deposit and withdrawal methods for us to choose from. You can use a credit card, bank transfer or an online payment processor such as Neteller, Skrill, FasaPay and Sofort. They are also one of a few brokers that accept cryptocurrency payments with Bitcoin. When you trade indices with Axi you trade on the performance and price movements of stocks without actually purchasing physical ownership of an asset.

These rules limit the amount of leverage offered to EU clients and the way in which financial services are promoted. If you want higher leverage then you would need to look at the international brand. Our Compare Forex Brokers’ Axi review found that it has a US subsidiary called Axi USA. This is the avenue US-based traders need to choose to trade forex to meet American regulation. At present, the broker offers two different types of trade executions.

They can help you to arm yourself with essential skills and strategies to trade the financial markets. The multi-account manager (MAM) is a built-in trading tool that allows you to conveniently control multiple accounts from one trading terminal. It can execute multiple blocks of orders on all accounts that are operating under a master account with 6 allocation methods and all order types accepted. The MAM is only available to approved and regulated operators of discretionary accounts or managed investment schemes. The sentiment indicator will give you an insight into what positions other traders are taking.

It didn’t though receive maximum scores simply because competitors such as Pepperstone and IC Markets offer additional platforms. This trading account is designed for beginner forex traders as it’s not a market makers account. This forex trading account spreads are wider than their Pro account however the account has no commissions.