After verifying your account, we could not find any records of a withdrawal request. The material does not contain investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument. Regulation is crucial when choosing a Axi alternative as your broker. You will need to make sure that they are a respected platform and are financially secure. This includes checking their registration with the country’s regulatory body and ensuring that they are allowed to operate in that country.
Is Axi Trader regulated?
Yes. Axi is authorised and regulated by the Australian Securities & Investments Commission (ASIC), AFSL number 318232. Axi UK is a trading name of AxiCorp Limited which is registered in England and Wales under registered number 06378544.
This section is frequently updated and includes technical and fundamental chart analysis which can help inspire potential trade ideas. I had a browse and managed to find some helpful insights for managing my open positions. Axi have an education centre with free training for all levels of traders that covers a range of basic, intermediate and advanced subjects.
Stock index CFD and stock CFD fees
There are thousands of signal providers to choose from and you can share your own strategy signals. 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. The MT4 mobile platform allows you to seamlessly connect your mobile device to the trading platform.
How long does Axi withdrawal take?
All requests will be processed within 1-2 business days upon receipt.
Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.
Axi offers the research tools of the MetaTrader platform, which do not include trading ideas or fundamental data. As a plus, there are other web tools, like a great economic calendar. Changing the leverage is a very useful feature when you want to lower the risk of your trade. We think this is something you should be in control of.Be careful with forex and CFD trading, as the preset leverage levels may be too high. The stock index, commodity, crypto and stock CFD selection is average, although it is constantly expanding. Meanwhile, other products, such as stocks, ETFs and bond CFDs are not available.
AxiTrader Review – Pros & Cons
Only recently joined the LTTTM course, so if I take this offer it may be a while before I place a live trade as I will use a demo account first when I think I’m ready to go. Will axi trader wonder why I’ve opened account but not used it. Yes Axi does not have its own self-developed trading platform, it usesMetaTrader 4,a third-party axi review platform. There were times in our experience when accessing certain menus took ages, with the whole page frozen while loading. MetaTrader 4 is the smart choice for online traders looking to hone their trading edge. Simple for beginners and full of advanced tools for pros, the MT4 platform helps you unlock new trading opportunities.
- The regulation of the broker may differ depending on the chosen jurisdiction in which you are going to open an account.
- Axi is an MT4-only broker, but this singular focus provides for one of the best MT4 trading experiences in the world.
- None of the blogs or other sources of information is to be considered as constituting a track record.
- With Axi, you can choose from a wide variety of deposit and withdrawal options.
- You will have $50,000 in virtual currency to safely trade and hone your skills.
- The feature ensures that no trader accounts lose money when trading remotely from their mobile devices or web browsers.
However, the domain of forex trading is not so easy for everyone to champion it. Tickmill is a website that acts as a forex trading platform, allowing investors to trade up to $1 million by using MT4 and MT5. FXTM Trader – Forex Trading app enables users to find a broker so they can do online trading using an extensive collection of more than 250 different financial instruments.
The global financial authority in Dubai Financial Services Authority also governs the workings of AxiTrader. Being a heavily-regulated broker, AxiTrader is widely considered safe. In 2020, the broker is compliant with several top-tier authorities. SaaSHub’s Down Detector checks the status of services automatically and regularly. The Axi status here can help you determine if there is a global outage and Axi is down for everyone or it is just you that is experiencing problems.
Trader communities of the platform will be rebranded accordingly. The Axi affiliate program gives traders the opportunity to refer their customers to Axi in exchange for a commission. Traders can earn up to $1000 USD CPA per qualified client, plus a 10% commission on Sub-Affiliate earnings if they become a Master Affiliate. MT4 enables traders to develop expert advisors, custom indicators, and scripts using the MQL4 programming language, developed by MetaQuotes.
Client funds are held in secure and segregated trust accounts with top-tier banks including NAB and Lloyds. This means that client funds cannot be used for any other purpose by the company such as operating costs are hedging. Axi are a regulated broker that must be compliant with strict regulations and standards that are put in place to protect investors. Please keep in mind that as Axi are regulated in different markets by different regulators, each are subject to a different set of rules. Solid regulation is not the only safeguard in place at the broker for traders. Again, this implies that you cannot lose more than the amount you put in your account; but, if you have several accounts, the balance of one may be used to cover the balance of the other.
Foundation and Offices of AXI
Axi is a MetaTrader-broker that offers to trade with 80 currency pairs and 65 CFDs on commodities, metal, indices, and cryptocurrencies. Moreover, it also provides several social-copy trading platforms and tools. The broker is mainly focused on forex trading, and traders will find a wide variety of features available to assist them in achieving their goals.
Axi is one of the largest Australian Forex brokers operating today. In recent years, the company has changed its brand from AxiTrader, and it is now known as Axi. Both brokers rank equal in reliability, with BlackBull Markets and Axi maintaining a clean regulatory track record.
Overnight fees are common and are charged by most online brokers. Trading fees through the Axi alternative can arise in the form of commissions, spreads, and fees. Spreads are the difference between buying and selling prices of a particular financial instrument. The majority of brokers offer very competitive spreads, some can even be as low as 1 pip with a few of the major pairs. Having said this, spreads are able to widen, thus increasing your trading costs.
It comes with a wide range of built-in tools and fully customisable features. I have used MT4 for many years and it is still my platform of choice, even though MT5 is the newer version. With AxiTrader you’ll be able to keep your trading costs quite low, as the broker shows market-competitive spreads across a wide range of currencies, commodities, and indices . During liquid times the spreads may go as low as 0.0 pips, and the broker truly adheres to ensure costs at the most competitive available. At the first stage and as a new to trading, you also can open a free 30-day trial Demo account with a virtual cash balance of £50,000 to practice skills and touch a trading process in a “real”. The traders that follow Muslim Sharia rules are entitled to open a Swap Free Account that is not subject to Swap Fees on FX Major, FX Minor, and Precious Metals Symbols.
Is Axi a legit broker?
Axi is a trusted brokerage firm that offers its services to over 60'000 traders across 100+ countries worldwide.
Find out more with AtoZ Markets Forex broker review of World markets. Tradingplatforms.com/uae has no intention that any of the information it provides is used for illegal purposes. It is your own personal responsibility to make sure that all age and other relevant requirements are adhered to before registering with a betting operator.
Axi reveals restructured partner program – Yahoo Finance
Axi reveals restructured partner program.
Posted: Tue, 20 Sep 2022 07:00:00 GMT [source]
In general, Axi is an excellent option if you desire a feature-rich proprietary trading platform. But, if you’re seeking for straight copy trade, there may be more https://forexarena.net/ suitable options. Any opinions, news, research, analysis, prices, or other information contained on this website does not constitute trading or investment advice.
Featuring no swap fees or interest payments, this account is the ideal solution for those who are unable to earn or pay interest due to religious beliefs. Simply send support a request and they can switch your account over for you if you follow the Muslim faith. Whether you are brand new to trading or an experienced pro, you’ll find a community of likeminded traders with valuable knowledge to share and help you trade your edge.
Who is owner of Axi?
Overview. Rajesh Yohannan is the current CEO of Axi. He previously worked at OANDA as a Managing Director and CEO.