In addition to operating on these third-party apps, the Axi trading platform also runs its own dedicated copy-trading app, which is available on the Apple and Google Play stores. This service is especially designed for new traders, enabling them to copy the trading patterns of the most experienced traders on the platform. It also offers a wealth of resources to help traders maximize their trading experience.
- Yes, Axi provides spot metal trading for Gold and silver as they are the most trusted and oldest form of currency.
- Bank transfers may take a few business days to clear whereas card payments and e-Wallets can be instant.
- Traders can view their trading history over time on this tab, especially the losses and profits accumulated.
- Beginners will enjoy the standard MT4 and accompanying tools, especially those available from MT4 NextGen, while advanced traders and can connect directly with value-added third-party services.
Please check Axi official website or contact the customer support with regard to the latest information and more accurate details. This is yet another excellent tool provided by the broker and something that I have not seen implemented by many others. If you want to take advantage of this tool, BlackBull Markets are an alternative option who also have it.
Fast, secure, local payments
Traders can open the account directly or upgrade from a standard account. Traders can choose the account that best aligns with their trading style and goals, and benefit from the broker’s commitment to transparency, regulation, and excellent customer support. The Standard account is designed for beginner traders who are just starting their forex journey. This account type is suitable for those who prefer a simplified trading experience with basic features. The Standard account is also a great choice for traders who want to test their trading strategies without risking a significant amount of capital.
There is a markets blog where you can read about the latest market news. 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. Whether you’re learning the fundamentals of Forex, discovering different strategies or looking for expert trading tips, the eBook series can help to improve your knowledge of the markets.
TrustPilot Users’ Reviews About Axi
Use one of our fast, flexible, and secure payment methods to deposit funds into your trading account. 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. Open direct channels of communication with professional traders and highly experienced analysts, then trade alongside them as they take on the markets every day. The free educational course covers many aspects of trading from how to place trades, risk management, chart analysis, news trading and more.
Other features of the Axi Trading Account
You get free access if you maintain a balance of at least $500 and trade a minimum of 1 standard lot per month. The sentiment indicator will axi review give you an insight into what positions other traders are taking. Sentiment analysis is often used as part of a contrarian trading strategy.
Does Axi Trader Standard vs Pro Account Have Lower Costs?
This account offers no interest or commissions, making it ideal for traders who want to adhere to Islamic principles. Additionally, the Islamic Account offers the same features as the Standard and Pro Accounts, making it a great option for traders who want to trade with minimal costs. To help ensure you have more money left to trade with, Axi charges no fees for funding and withdrawals to or from your trading account, up to a value of $50,000 per month. If you exceed this monthly Fee Free Limit, they do reserve the right to pass on your Neteller and Credit card transaction fees.
The broker has tight spreads, fast trade execution speeds and low commission fees. In addition to this, you also get a choice of convenient deposit/withdrawal methods, helpful trading tools, educational materials and 24/5 support. The minimum deposit is just $1 or there is an option for a demo account if you want to start trading risk free. If you are an experienced trader looking for advanced trading tools and features, the Pro account might be the right choice for you. This account type offers tighter spreads, lower commissions, and access to a wide range of trading instruments.
You can follow multiple signal providers and do not need to be at your terminal when trades are placed. Risk parameters are flexible and can be set according to your own preferences. Whilst this can be a good hands-off solution for those who do not have the time or knowledge to trade by themselves, I find the signals to be hit and miss. I would much prefer to use my own strategies as I like to know when and why a position was taken. I am a huge fan of trading apps, primarily because I am able to check the market prices and how good or bad my trades are doing at any time.
Axi Education
These rules limit the amount of leverage offered to EU clients and the way in which financial services are promoted. If you want higher leverage then you would need to look at the international brand. Axi offers 24/5 customer support via live chat, phone and email for their products and includes a dedicated account manager. The customer support system has a wide range of languages, including English, Chinese, Spanish, Thai, Italian, Polish, German, Vietnamese, Japanese, Russian, Romanian, and Arabic. With their motto ‘One Platform’, Axi facilitates the use of trading on any device. Axi’s primary trading platform offering for retail traders is MetaTrader 4 (MT4) and WebTrader.
It is a vital tool for me as I need to simultaneously run multiple MT4 platforms 24/7 for my automated systems. If you think that a VPS would be useful to your trading activities, Key to Markets also give you free VPS access if you trade enough volume. For more in-depth information, you can check out our guide on low commissions. Standard Account is better suited for beginner traders due to its lower minimum deposit and straightforward fee structure. Axi Trader offers a diverse range of products, from forex pairs to CFDs on indices, commodities, and more.
Other available services on this account type include steady trading news, analytics, and instant execution of trades. Hedging (both partial and full) and scalping are among the supported strategies. Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world. Axi has made giant strides since its inception in 2007 to become a top global broker, developing a reputation for its innovative, customer-focused approach, and advanced AI technology.
Axi has a proprietary trading platform based on copy trading that allows users to copy the trade moves and patterns of expert traders on the platform. Unfortunately, the copy-trading platform is not available for desktop PCs at the moment. 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. It currently claims to handle 30+ of such assets through CFD contracts with competitive spreads and on a 24/7 basis. These assets include popular ones like Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). There are no commission charges for an Axi standard trading account however there is a USD 7 round trip for a pro account of Axi.
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