This support will help you get started and learn how to trade at any time of day that suits your schedule. While using your demo account, Axi will provide you with a dedicated account manager to assist you and answer any questions you may have. Axi offers a demo account with a virtual balance of 50,000 USD that remains open for 30 days. It also offers a free demo account, but it expires in 30 days. Overall, not as in-depth as you may expect from a broker of this type, but all analysis is solid and well-written. The regular analysis includes a weekly market preview, charts of the day, charts of the week, and a daily briefing on the market open.
Account Types
There are no fees charges on deposits or withdrawals, though some supported payment methods like Skrill do impose a small third-party charge to Axi users. Accordingly, residents in relevant geographies can anticipate services that are airtight in terms of safety. The courses are led by CISI accredited tutors and are available for every level of trader. You can also apply leverage on spread bets and try out this type of account in a demo version to test its features first. Though they vary by instrument and account type, even on the Standard account average spreads are around 1.2, and this goes down to an average of 0.1 for Pro account members.
Axi’s Customer Service
Executing trades and opening and closing positions is uncomplicated, and with the windows and buttons making it straightforward, you can successfully place trades several different ways. You’ll first need to provide government-issued ID, and if you plan on making a bank wire transfer then you’ll need to verify the account using your ID as well. Customers will also appreciate that Axi stands readier than most to respond to their inquiries and problems, via live chat, email, and several toll-free phone numbers.
Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience. Chris Cammack is the Partner Manager and a financial writer at FxScouts. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Any transactions that you enter into with any third party listed in this page or linked from this page are solely between you and such third party and are at your sole risk. It should also be noted that deposit and withdrawal options are easy to find on the Axi client portal and moving money around the ecosystem is generally streamlined and stress-free.
Tools
- It should also be noted that deposit and withdrawal options are easy to find on the Axi client portal and moving money around the ecosystem is generally streamlined and stress-free.
- From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape.
- Using web wallets or credit card is far easier, and once your account is verified and funded you can begin trading by clicking on Web MT4, though downloading the application itself is recommended for a faster experience.
Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. Independent beer maker BrewDog has been waiting for markets to recover before listing for an Initial Public Offering. Ultra-competitive pricing and fairer charges, so more of your money is invested in the markets.
The edge for thousands of traders in 100+ countries
Our accounts were approved within minutes, which is exceptionally fast for the industry. The FCA and ASIC are considered some of the best regulators in the world, providing traders with a high level of protection. Select another broker to another broker to compare features, fees, and platforms side by side.
We combine the world’s most popular platform, MetaTrader 4, with exclusive Axi tools and all the supportyou need to trade your edge. Solaris EMEA Limited (Axi EU) provides its services exclusively to clients residing in selected countries within the European Union. 69.5% of retail client accounts lose money when trading in CFDs with this provider. You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. Tune in to “Let’s Talk Forex,” a podcast designed for traders of all levels.
Available Assets and Leverage
Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience. FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. For the purposes of the review, we tested the live chat and email services. Because every Axi client gets a unique PsyQuation Score, you can use the PsyQuation leaderboard to follow the most successful traders – details provided include performance history and equity curve. PsyQuation is one of the world’s most advanced data analytics plugins for retail traders. With a minimum deposit of 500 AUD (or currency equivalent) you will get access to PsyQuation Premium.
Instruments
Axi Select aims to provide a holistic trading environment, where you can gradually build your skills, and easily track your progress. The Axi Select program is only available to clients of AxiTrader Limited. Receive funding in a separate Allocation account from $5k USD to $1 million USD. Evaluates your proficiency in managing risks effectively.
Discover how to enhance your MT4 trading experience with our range of advanced tools and analytics. Fundamental tools, training resources, trading education, and expert coaching to help you continuously improve. You do not own, or have any interest in, the underlying assets.We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary.
Axi combines leading ECN trading conditions on the pro account with world-class regulatory oversight. Other highlights include a detailed and well-structured course for beginners and leading market analysis for all clients. The platform current supports clients from 150 countries. For traders of any experience level, Axi represents one of the most reliable options around. Right clicking on the instrument on the left-hand list is faster, or you can select the instrument and then see its chart update in the main window, and then use the bottom trade window to adjust the particulars of your position. Using web wallets or credit card is far easier, and once your account is verified and funded you can begin trading by clicking on Web MT4, though downloading the application itself is recommended for a faster experience.
Wide range of markets
Axi Select is a unique capital allocation program that was specifically designed to help you succeed as a professional trader. By accepting the Terms & Conditions and clicking “Continue”, you will be taken to a page where you can specify a preferred bank account and the amount you wish to withdraw. To withdraw funds, select the “Withdraw Funds” option in the menu. As soon as your bank account has been verified by our team, you’ll be able to withdraw funds instantly for future transactions. Adding a bank account is easy and only needs to be done once! If you don’t have a bank account already saved, you will need to do this in the “Bank Account” section within the Client Portal, which will display the following page.
Using highly sophisticated algorithms, it works like a trading coach, analysing your trading style, identifying mistakes, and helping you avoid making similar mistakes again. The market scanner provides statistically significant market movements and identifies important price levels that are catalysts for market movements. Autochartist’s advanced pattern recognition engine identifies the strongest potential trading opportunities and predicts future price movements. We tested Axi’s MT4 app on an iPhone 15 and found that it synced well with the desktop and web trader versions. Axi offers a decent range of trading instruments with average leverage.
- A well-regulated broker, Axi ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all non-profit withdrawals are returned to the deposit source.
- Axi offers three MT4 market-execution accounts, two with no minimum deposits and a professional trading account with a very high minimum deposit, but extraordinarily low trading costs.
- Fundamental tools, training resources, trading education, and expert coaching to help you continuously improve.
- Axi Select welcomes traders with different abilities, strategies and experiences to make their way to the top through six progressive stages and benefit from profit-sharing up to 80%.
- If you don’t have a bank account already saved, you will need to do this in the “Bank Account” section within the Client Portal, which will display the following page.
- Axi has a carefully selected range of trading tools that all MT4 users will find useful.
Axi Delivers Unbeatably Tight Spreads on Key Markets Including Gold, Crypto, and Forex
Without negative balance protection, it is possible for Axi’s clients to lose more money than is held in their trading account Axi’s range of financial instruments is slightly limited compared to other brokers, but it offers over 70 Forex pairs and we were pleased that it recently added 50 global share CFDs. Though unlocking some features require a minimum balance, you’re not required to deposit anything for full membership, and the extra features aren’t required to trade.
Small overnight and rollover fees are industry standard account features unless users opt for Islamic accounts, which are Shariah compliant and swap/rollover free. Axi complies totally with regulations mandating that customer funds are kept in segregated bank accounts, and that in the event of insolvency those covered under the FCA can get their account balances reimbursed by up to $50,000. 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. For their part, its clients are just as satisfied with the more simple and transparent trading environment. We help axi forex broker our customers find the edge they need to achieve their financial goals through informed transactions made on the world’s financial markets.
Reflects your ability to achieve consistent gains, which showcases your understanding of market dynamics. Your Edge score is used to assess your funding eligibility; the higher the score the more funding you are eligible to receive as you progress through the trading program. It uses highly advanced analytics to assess your trading decisions and to help you identify areas of improvement in your trading. Performance in the Axi Select program is measured with a personalised ‘Edge score’, a numerical representation that grants you a comprehensive and distinctive insight into your trading abilities.