Table of Contents
About AxiTrader
Axi is the trading name of AxiTrader Limited (AxiTrader), founded in 2007 in Sydney Australia, and now with over 60,000+ trusted customers in 100+ countries. Axi was incorporated in St Vincent and the Grenadines, number 25417 BC 2019 by the Registrar of International Business Companies, and registered by the Financial Services Authority
AxiTrader is 100% owned by AxiCorp Financial Services Pty Ltd, a company incorporated in Australia (ACN 127 606 348).
✔️Overall Rating
4/5
💲Minimum Deposit
$0
💻Trading Platform
Copy Trading
Metatrader 4
MT4 Webtrader
Axi Trading Platform
🏟️Regulation
ASIC – Australia
AFSL – New Zealand
DFSA – Dubai
FCA – UK
🤑Bonus for Deposit
$0
AxiTrader Regulations
The Axi Group of companies is authorized by a number of regulators around the world. AxiCorp Financial Services Pty Ltd (AFSPL) is regulated by the Australian Securities & Investments Commission (ASIC), AFSL number 318232. AFSPL also holds a Derivatives issuer license in New Zealand, with FSP 518226. AFSPL (DIFC Branch) is the registered branch of AFSPL and is regulated by the Dubai Financial Services Authority (DFSA) with the number F003742. Axi Financial Services (UK) is authorized and regulated by the Financial Conduct Authority (FCA), with Firm Reference Number 466201.
AxiTrader Awards
In 2021, Axi won the Best Forex Affiliate Broker Programme (Europe), Most Transparent Forex Broker (Middle East), Best Workplaces in 2021 by the Voice Project, and the Best CFD Provider
In 2022, won the Best MT4 Provider in the United Kingdom and the Most Innovative Trading Technology Platform in the United Kingdom
Liquidity Providers
Axi uses a selection of liquidity providers including major banks and other financial institutions. These are pooled to offer the best spreads to our traders. Some of these liquidity providers include UBS, Deutsche Bank, Credit Suisse, J.P. Morgan, Morgan Stanley, Nomura, Jump Liquidity, and Finalto.
AxiTrader Features
| Broker | Axi (AxiTrader) |
| Regulation | ASIC – Australia AFSL – New Zealand DFSA – Dubai FCA – UK |
| Restricted Countries | United States |
| Islamic Account | Yes |
| Demo Account | Yes |
| Joint Account | Yes |
| MAM and PAMM managed accounts | Yes |
| Account opening process | 10 – 30 mins |
| Max Leverage | Europe – to 1:30 Other Countries – to 1:500 |
| Account Opening Bonus | No |
| Spread | Standard Account: from 0.9 pips Pro Account: from 0.0 pips Elite Account: from 0.0 pips |
| Commission | Standard Account: None Pro Account: from $7/lot Elite Account: from $3.5/lot |
| Account Base Currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD, PLN |
| Instruments | 50 currency pairs, 6 cryptocurrency pairs, 20 commodities, and 31 index CFDs. |
| Minimum Volume | 0.01 |
| Maximum Volume | 100 |
| Execution Type | Market |
| MAM/PAMM Account | Yes |
| Negative Balance Protection | Yes |
| Margin Call/Stopped Out | 100% / 20% |
| Hedging/EA/ Scalping | Yes |
| Social Trading | Yes |
| Swap Free | No |
| Free VPS | Only for Elite Account |
| Trading Platform | Copy Trading Metatrader 4 MT4 Webtrader Axi Trading Platform |
| Deposit Methods | Credit Card, Debit Card, Local Bank Transfer, International Wire Transfer, Przelewy24, Neteller, Skrill, Fasapay, BTC, USDT, ETH, AstroPay, Laos QR Payments, Myanmar QR Payments, Boleto, POLI |
| Withdrawal Methods | Credit Card, Debit Card, Local Bank Transfer, International Wire Transfer, Przelewy24, Neteller, Skrill, Fasapay, BTC, USDT, ETH, AstroPay, Laos QR Payments, Myanmar QR Payments, Boleto, POLI |
| Withdrawal Execution | 30 mins to 1 working day |
| Customer Service | 24/5 |
| Education Materials | Yes |
| Autochartist | Yes |
AxiTrader Account Type
AxiTrader Pros & Cons
| 👍Pros | 👎Cons |
|---|---|
| – Well Regulated Broker in several jurisdictions – Multi-currency accounts available – Fast account opening process – Fast withdrawal – Low deposit – Reputable and has been in business for a long time – Negative Balance Protection – Low Deposit – Competitive Spread – Funds are held in segregated accounts to protect your assets. – Autochartist Available – Myfxbook Copy Trading Available – Fundamental and Technical Analysis – Postcast, Webinars and Video Channels available | – No MT5 Application – Limited selection of CFDs – Sometimes issues with withdrawals/deposits get stuck in the system – Restrictions on Clients from the United States, Canada and Iran – No Free VPS, except Elite Account – Elite Account requires a minimum of USD $25,000 |
AxiTrader Webinar Channel
Conclusion
In summary, AxiTrader stands out as a reliable broker with the backing of two tier-1 regulators, denoting the highest level of trust, along with one tier-2 regulator, signifying a medium level of trust. This strong regulatory presence earns Axi a commendable trust score of 4 out of 5.
AxiTrader caters to a wide spectrum of traders, making it an excellent choice for beginners and offering advanced solutions for the more seasoned ones. The broker’s commitment to trader education is evident through its comprehensive collection of in-depth articles covering a variety of trading topics, designed to empower traders and enhance their trading outcomes. Furthermore, Axi provides valuable video tutorials, simplifying access to essential information by categorizing educational materials into specific topics, ensuring that both novice and professional traders can readily find the resources they require.
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