This may affect traders looking for high-end analytical tools and integrated trading features. 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. We will discuss the broker’s regulations, verification processes, deposit & withdrawal options, minimum spread, maximum leverage, online trading fees, and investment safety measures. We will also look at the users’ reviews and answer some frequently asked questions. The platform’s array of tradable assets is quite robust, as it allows trading CFDs in all kinds of forex pairs, indices, commodities, and crypto assets.
They answer my question about account…
Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. Axi is a commendable option for beginners, thanks to its provision of beginner education videos and the lack of a minimum deposit requirement, making it accessible for new traders starting out. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. The Copy Trading app is the only proprietary trading platform Axi offers.
Axi Main Features
Axi accepts clients from all over the world, excluding USA, Canada, Iran and some other countries where restrictions apply. If they do not accept your country, you can look at our broker ratings for an alternative option. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
Cuenta Professional de Axi
There is no minimum deposit requirement with the Standard or Pro accounts, but clients need a $25,000 deposit to get started with the Elite solution. For EU traders, Axi has a comprehensive selection of educational tools, including webinars, video axi review tutorials, online education and e-books. The firm offers a $1000 welcome bonus for new investors who deposit a minimum of $2000 (terms and conditions can be found on the broker’s website), however, this is not available to clients in the EU.
Finally, the Axi trading platform allows traders to secure their funds by using the stop-loss function. The Axi trading platform delivers its desktop experience through the MetaTrader 4 platform from MetaQuotes Software Corporation. The MT4 platform comes in basic and MT4 Webtrader forms, but we will use the MT4, especially as it integrates https://forexarena.net/ very nicely with the Axi platform itself. However, it’s worth noting that the MT4 requires a bit of a learning curve as it has a lot more functions to explore. Crypto assets are highly volatile and tend to present higher and more constant risk than forex pairs, but Axi keeps a pretty decent portfolio of such assets for interested traders.
The application can be downloaded from the official website or app store and enables traders to operate in the same manner as they would on desktop devices. That said, spreads available for standard account holders only start at 0.4 pips. In comparison, the pro account charges a $7 USD round trip commission but spreads start from 0.0 pips. Generally, the spreads offered by Axi are in line with other sites.
Axi Select has six stages with funding available to traders that can demonstrate they can achieve consistent returns while managing risk. 150+ assets are available, along with live pricing and real-time charting. Clients can also keep abreast of the latest trends using the automated news feature.
Over the years it has expanded, opening a London branch in 2012 and commencing operations in China in 2015. Over 60,000 clients have opened accounts in more than 100 countries. Axi’s mobile trading capabilities are below average, with room for improvement in mobile accessibility and user experience. Yes, Axi offers an affiliate program called Axi Affiliates, where you can earn commission for referring customers.
These are obtained from non-trading actions you perform on your trading account. As a global company, Axi operates in over 100 countries across regions like Asia, the UK, Western Europe, and Africa. However, you can’t open an Axi account if you live in regions like the US and Canada. You can trade commodities without needing to purchase the physical asset as you are simply trading on the price movement of the underlying asset or instrument. Some of the most popular traded commodities are gold, silver, oil and gas. Be part of a dynamic trading community in public and private chatrooms dedicated to different trading topics, from FX and equities to analysis and strategies.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I was taken part in trading competition at the end I won 12th position. Some participate won good positions by the break the rules of Axi.
Whether you’re just getting started on your trading journey or are already an experienced trader, there’s always something new to discover about the markets. I think it is great that they enable you to learn as much as possible. This shows me that they are a broker who wants to encourage informed trading decisions. The sentiment indicator will give you an insight into what positions other traders are taking.
Customer support had lot of excuses and blah blah not making your withdrawals. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with Axi please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by Axi and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Up to $1,000,000 is available in funding with a profit split up to 90% in favor of the trader.
- The platform’s array of tradable assets is quite robust, as it allows trading CFDs in all kinds of forex pairs, indices, commodities, and crypto assets.
- The most cost-effective option for a customer is usually determined by trading volume and the list of assets they wish to speculate on.
- We will discuss the broker’s regulations, verification processes, deposit & withdrawal options, minimum spread, maximum leverage, online trading fees, and investment safety measures.
- This means that you can still use Axi if you trade frequently, such as several times each week or every day.
From our assessment, Axi is trustworthy due to its compliance with multiple regulatory requirements and its readiness to handle and resolve all customer complaints. There are currently no user reviews of Axi on the Quora platform. Traders can view their trading history over time on this tab, especially the losses and profits accumulated. As for withdrawals, they are free, provided they are above $50 or constitute your entire account balance. Withdrawals below that are subject to an administration fee of $25.
The session map simply shows you the different markets opening and closing times. 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.