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.
The minimum trade size is 0.01 lots, and it includes 140+ trading products and 10 base currencies. Capital.com is a trusted Forex and CFD trader platform and was founded in 2016. The platform has more than 280,000 users from around the world thanks to its excellent reputation and beginner-friendly platform. Multiple authorities regulate the broker and, overall, a perfect choice, no matter if you are experienced with trading or just starting out. We can say that these awards can serve as proof that trading with AXI is secure and that the company has excellent service.
Social and Copy Trading: Perfect Choice
It offers various underlying assets such as Forex, Stocks, Indices, Oil, Metals, Commodities, and Cryptos to execute CFD trades. That means you can trust that the prices they offer are accurate, and your trades are executed fairly, without any sneaky tricks. Numerous brokers compete with AxiTrader in the online trading sector, including IG Group, OANDA, Pepperstone, and CMC Markets. Commissions are not charged with the Standard account, but you can expect a higher spread that starts at 0.4pips. It is more suitable for novice traders, especially in addition to the Copy Trading platform.
AXI Customer Support Channels
Then, go to the AFCA website and use the ‘Find a Financial Firm’ tool. Enter the broker’s AFCA Member number or name to check their profile. This ensures the broker is part of a recognized dispute resolution scheme. It’s well written and has charts to help you understand trading ideas easily. At Axi, you won’t be charged any fees for depositing or withdrawing money.
- The third-party PsyQuation trade statistics program is also a useful resource for growing traders.
- Then, go to the AFCA website and use the ‘Find a Financial Firm’ tool.
- If you consider using Axir, you may be wondering if it is regulated.
Social traders may rely on Axi’s Copy Trading App, giving them the opportunity to find top traders around the world, and copy their trades. So it is important to make sure that all the deposits in your trading account come from an account in your name. They accept payments from joint accounts if you are one among the account holders. AxiTrader does not charge any inactive fees or account maintenance fees. Axi offers a PRO Account with some added features when compared to the Standard Account. The extra features in the PRO account are highlighted in the below table.
AxiTrader Add Funds
They have a decent selection of instrument to trade and they have favourable fees and commissions depending on the type of account you find best suited for your needs. They have all of the relevant add on products from the Metaquotes software company, who develop the various MetaTrader versions. You do have the ability to use a demo account, but there is no MetaTrader support from AxiTrader for those using a Mac desktop to trade.
Axi also provided its traders under AxiTrader with the MT4 MAM module for account management. Since the company is managed by traders themselves, they understand the need to have a great 24-hour service and give their best to deliver it to their clients. It offers an advanced and developed MetaTrader 4 (MT4) platform that allows traders to enjoy the maximum capacity to trade. The brand also promotes the security of the funds of its clients, wherein the funds of the customers are segregated axitrader review from their own company’s funds.
AXI operates as a Straight-Through-Processing (STP) broker without a dealing desk. It routes client orders to its liquidity providers, where they are filled. As shown above, the problem with MetaTrader is that the charts can be crowded quite easily, even when we add no more than 2 indicators.
Axi API Trading Solutions
MT4 WebTrader Platform gives you access from your MT4 account to your web browser. Also, you can definitely use it on your Mac devices, and its functionality is incredible, and it is user-friendly but has a kind of a learning curve for trading beginners. You can simply download it completely free from a Mac-based solution. Before you make any decision, make sure you do your research and read the experiences of other users. After all, you only want to invest your hard-earned money with trusted, reputable companies which offer dedicated customer support. After testing Axi extensively and with our own money, we can give you an overview of the most important pros and cons we observed.
- It has no hidden fees, no withdrawal, and a deposit fee as well.
- Traders can access the markets via MetaQuotes Metatrader 4 (also available for Mac) and MT4 Nexgen, which is available for Pro account clients.
- AxiTrader is renowned for its regulation by multiple authoritative bodies, including the ASIC, SVG, FSA, DFSA, FCA.
- While using MT4 you can learn about the market activity with real-time pricing.
Risk Warning:
The eligibility to access these free courses and their features are explained in the screenshot given below. Tradingcritique.com gives you a detailed review of the Broker platform Axi also known as AxiTrader. When using the same asset, Axitrader permits two trades in opposing ways.
AxiSelect is not available to residents of AU, NZ, EU, and the UK. For more information, please refer to the AxiSelect Terms of Service. Axi Overview – A competitive trading environment for algorithmic trading and scalpers. The eligibility to get these free courses depends on the deposit amount you deposit with the AxiTrader.
AXI provides the well-known MetaTrader 4 platform via web and mobile, as well as a proprietary ATP app and copy trading app. Among the drawbacks I found were a rather slow execution speed of 110 milliseconds and a lack of alternative trading platforms. The program also provides traders with advanced tools, an exclusive trading room for idea-sharing, and live educational content from experienced professionals. Notably, there are no registration or membership fees, making it accessible to a broad range of traders.
Although it may not be fully unique, the MT4 NextGen is one of the core strengths of AxiTrader. If you find any of the features appealing to you, reach out to AxiTrader to test the functionality on a demo or a live account. Keeping in mind the info above, we can attest that AxiTrader reviews appear to be mostly positive with only a few minor discrepancies from lesser known and sometimes suspicious websites. AxiTraderis regulated by the Financial Conduct Authority (FCA) in the UK.
MT4 Standard Account offers 80 currency pairs, no commission, no minimum deposit, free setup, and download. You can customize your trading dashboard by dragging and dropping your favorite charts and analysis tools. It is very easy to use and offers access to the full range of instruments, from Forex and Commodities to CFD Indices. It is designed for fast and simple execution with the use of MT4’s one-click trading.
Continuation patterns are price patterns that show an existing trend with a temporary interruption. This type of pattern helps traders determine the decision to take on their next move, whether they are selling or buying an asset, for better trading results. Keeping this in mind, never invest more money than you can risk losing. The risks involved in trading may not be suitable for all investors. ECS doesn’t retain responsibility for any trading losses you might face as a result of using the data hosted on this site.