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. The 10% profit sharing in Axi Select’s Seed stage for August is an exciting opportunity for traders.
About the Editorial Team
Australian forex traders have different requirements from forex brokers ranging from leverage, fees to features. This Axi review was based on our trading platform comparison, focusing on broker features as a focal point. If you have a different priority, then visit our homepage and view our other forex broker comparison charts. Our most popular forex broker comparison tables are low fee, high leverage and bonus offers.
Registra il tuo account live con Axi
You can also receive custom alert notifications via the app, email or SMS. Axi’s Demo Account is an educational resource that offers a simulated trading experience for 30 days. With virtual funds of up to $50,000, traders can experiment with different strategies and familiarize themselves with the MT4 platform without taking financial risks. The Axi platform market for CFD and forex training has several competitors, including TMGM, Pepperstone and Vantage. All use the MetaTrader trading platform and offer similar products.
- If they do not accept your country, you can look at our broker ratings for an alternative option.
- I didn’t have any problems during signup and completed it within minutes.
- 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.
- MT4 is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).
Account Types
I would always start on a demo account to see how things go when trying a new system or broker. There are few brokers regulated in both the UK and Australia, both of which represent some of the more demanding compliance jurisdictions in the world, but Axi is one of them. Accordingly, residents in relevant geographies can anticipate services https://forexarena.net/ that are airtight in terms of safety. Additionally, in tandem with oversight from the Dubai DFSA, Axi ensures that traders from 150 countries can access the trading platform in a secure, compliant manner. Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.
The parent company AxiCorp Financial Services Pty Ltd changed its brand name Axitrader to become Axi at the end of 2020. In the same process, they also changed their existing website from axitrader.com to axi.com to match its efforts to revamp the AxiCorp brand. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.
Pros and Cons
Those looking for an all-in-one trading experience may want to consider some of the larger brokers such as CMC or IG. 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. You can trade forex with a vast range of major, minor and exotic FX currency pairs with tight spreads, fast execution, flexible leverage and liquidity from 14 of the world’s leading banks. Axi have a generous range of trading instruments for you to choose from.
Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor axi review and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.
From our comprehensive research, Axi stands out as an average choice for traders looking to engage in forex and CFD trading. Axi’s offerings and service quality deliver an acceptable but not superior trading environment, ideal for traders seeking a solid trading platform with basic features. 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.
All information comes from providers’ websites with each provider offering free demo accounts to trial their offering and trading currency. 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. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools.
I like that they are providing signals, chart analysis, multiple account management and more. The FIX API is great for those who need an institutional trading environment. This probably won’t be required by the average day trader but if you are using a strategy that needs the lowest spreads and quickest execution possible, this could be a solution. However, it is quite complex and therefore catered more towards professional traders. I think that most of you would prefer the intuitive MT4 interface.
Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. The customer service of Axi Corp (Axi) has also won awards thanks to its 24-hour day customer centre. This is only closed on the weekend when currency markets are closed. The company has clients in more than 150 countries and a Monday to Friday call centre. When the Sydney office isn’t open, there is support from London and Chisinau.
To keep costs low, AxiTrader does not widen the spread but instead charges a commission of $7USD round trip for each standard lot. 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. The trading signals offering allows you to copy trading signals from traders around the world directly into your trading platform. 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 simply complete the registration form and verify your email address. You will then need to upload proof of identification and address for KYC purposes. Once verified, you will then be able to fund your account and start trading. Customer support is on hand to assist you during the process if required. I didn’t have any problems during signup and completed it within minutes. You can trade cryptocurrency CFDs online with Axi, provided that it is allowed in your country of residence.
It is important to emphasise that signal performances are based on historical performance and there is no guarantee on future performance. If you are looking for a dedicated social trading platform, then eToro would be my top choice. The automated trade journal can help to improve trade analysis by automatically recording your activity. If you want to find areas in which you can improve, this is a great tool.