Axi Forex Broker Review

Bank Transfer – Deposits and withdrawals are free via bank transfers but can take up to three days to reflect. International bank transfers will take 3-5 business days for the funds to reflect in your account and may be liable for further bank fees which will not be covered by Axi. No matter which entity British traders choose, Axi segregates its client funds from its operational funds at top-tier banks and issues monthly statements to its clients. However, Axi clients that are onboarded through the SVG FSA will not have negative balance protection.

Easily navigable, the site is straightforward and self-explanatory to use. There is a wealth of educational content, providing information of value to both new and experienced traders. All data is encrypted during transmission and the company uses cutting-edge software to protect traders. The brand has won awards for its trustworthiness, including the winner of the 2017 “Most Reliable Forex Broker”.

Live Trading Account – Real Forex Trading Account / Axi UAE

It was specifically designed to meet the needs of brokers, market makers, clearing houses, banks, central banks, financial institutions, and other financial institutions. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. Axi cater for all levels of traders with their leading trading technology being advanced enough for the more experienced traders whilst being simple enough to use for the less experienced.

All of this is topped with award-winning around the clock support. I would consider Axi to be a market leader in many aspects which I will cover throughout this review. Overall, Axi are one of the most impressive brokers I have come across. They standout in so many areas, especially when it comes to market analysis, education and customer support.

As well as all online transactions, executions, or traders’ manipulations are fully encrypted and follow operational guidelines. Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

How to start your Axi account?

Overall, I found the cost to be the same whether you paid the commission separately or have it included within the spread. 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 does offer an Islamic, Swap-Free account option and Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. The Client Services Team will assist applicants through the process of opening an Axi Islamic, Swap-Free account.

AxiTrader does not promote any specific platform higher than the other, which makes it quite unbiased. The broker delivers its services for hard and soft commodities, including 31 equity CFDs and 6 cryptocurrency CFDs. The asset selection of this broker is quite limited, which makes a proper diversification of cross-assets unfeasible. Axi offers a well-rounded educational program, making it a good choice for beginner traders. The third-party PsyQuation trading analytics platform also provides an excellent tool to make traders better. Axi offers Forex traders a well-regulated, trustworthy, and competitive trading environment.

Professional charting and analysis is possible

If your bank still cannot trace the funds, then we can ask the Settlements Team to recall the funds. I require that the amount be deposited in full, in this case, that the US$50.00 that this broker tries to earn illicitly be deposited. That is, the scammers of this brokerage try all ways to earn money illicitly.

It doesn’t matter if I am sat on the sofa or even in bed, I can fire up the app and see what is happening. It is also great for getting notifications as soon as a price level is reached which saves me constantly checking the charts. The live chat is the fastest way to get in touch with AxiTrader representatives.

• Axi maintain smooth liquidity and promt communication newtork.
• The international phone no. and email address is as follows.
• However, the only area where the broker lacks or is not as efficient as others in the industry is market analysis.
• International bank transfers will take 3-5 business days for the funds to reflect in your account and may be liable for further bank fees which will not be covered by Axi.

In fact, during a live chat discussion we managed to get answers to all our queries and concerns regarding forex trading and account opening and operating. Established in axi review the year 2008, AxiTrader is an Australia based ECN broker situated in Sydney. As an ASIC regulated firm, AxiTrader offers excellent support and services to its clients.

Axi brokerage does everything not to pay withdrawals. They are scammers

Training resources and expert coaching to help you continuously improve. Axi Select is our programme that identifies the most promising traders and turns them into professionals. It has no hidden fees, no withdrawal, and a deposit fee as well.

For depositing and withdrawing funds, bank transfer, payment cards, as well as e-wallet services such as Skrill and Neteller are used. Axi has a regularly updated blog, which details industry news and views as well as an insight into economic news across the globe which may be of interest to traders. There is the opportunity to enjoy the market and technical analysis from trading experts.

Support

Clients feel secure with the backing of the Financial Conduct Authority, which is why this broker does not pose any high risk of losing money when trading forex pairs. The concerned clients are likely to inquire about their regulatory situation in their resident regions. As a new user, it is valid to ask for copies of the authentic certificates and uncover the critical oversights, if any. The standard debit cards can be linked to the account to transfer money back to the account.

The AxiTrader subsidiary that is regulated and authorized in St. Vincent and the Grenadines is the one that is supposed to be for international clients. In our AxiTrader reviews, we make a point of checking the claims made by brokers. That is why AxiTrader is so dedicated to building trust and ensuring proper regulation.

You even get a dedicated account manager that is available to assist you in reaching your financial goals. Axi does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. Axi is a trusted brokerage firm that caters to 60’000+ traders across 100+ countries. Axi offers Ultra-competitive pricing, unbeatable value, free education, and award-winning 24/5 customer service. As you will see in our AxiTrader review, the broker mainly uses MetaTrader.

New traders are likely to feel comfortable while opening an account with this process. It takes a minimum of two business days for a new AxiTrader account to get approved. An online trading course by AxiTrader is available for new traders, giving them access to all the tools that train them in becoming a better trader. This AxiTrader review finds the training aspect of the software quite impressive. Outsourced training is further complemented by in-house educational content, which contains high-quality articles.

Apart from the fact that fake product sellers often do not deliver, the products may be endangering your health and you may be supporting other criminal activities as well. Based on our analysis we gave this website a very low score. If a website receives a very low review from us, we really recommend you to double check if the site is not an online scam but really safe to use. Please read our article How to recognise a scam website before you proceed. The short answer is yes; AxiTrader stands out as a safe and reliable broker.

In order for us to investigate this matter, please provide us with your full name, registered email address, account number, and the details of your concern. We’ll take this on board and https://forexarena.net/ get back to you as soon as possible. The research section with the broker only provides access to aneconomic calendar and no other insightful research tools like other major brokers.

We constantly improve our trading platform trying to make it the best on the market. Exclusive Markets provides a secure, transparent, and powerful platform for investors to access thousands of financial instruments. Exclusive Markets’ team has over 30 years of financial industry experience and expertise.

We provide tight spreads, fast execution, advanced tools, and award-winning customer support, no matter if you are a novice or a seasoned trader. We are licensed and regulated, and have clients in over 100 countries. We offer competitive pricing and lower costs so that more of your money can be invested in the markets. Training resources and expert coaching to help your continuous improvement. Axi Select is our program that identifies and develops the most promising traders.

It has a real-time charting feature that allows you to choose how you would like to view data. It is also customizable and gives you updates on the latest market development news. You can download the MT4 mobile trading app for iPhone, iPad, Android, or tablet. AxiTrader Regulation, Financial Security, and Customer SupportTrade more than 6,000 markets without commissions and professional platforms. Trade more than 6,000 markets without commissions and professional platforms.

If you feel any additional concerns, you should call in and talk to them about this. Other than that, they seem to take client trust very seriously. At the moment, over 100 countries are eligible to trade with AxiTrader.