AxiTrader Broker Reviews and Full Information

What exactly is AxiTrader?

AxiCorp Financial Services Ltd and its trade name AxiTrader located in Australia and established in 2007. Following the success of the initial year, the company has been named among the most reputable Australian Forex brokerwith the most powerful brand association.

In 2012, as part of the company's global expansion plan, London branch AxiCorp Ltd was launched as a wholly-owned subsidiary of the Australian company.

As an established international network of businesses, AxiTrader provides financial products that focus on foreign exchange, specifically for individuals who are retail investors. Spreads that are tight and speedy execution are available with all accounts. AxiTrader's customers are also benefit from direct access to numerous liquidity providers, including 14 of the largest banks in the world.

Pros and Cons of the AxiTrader and Cons

AxiTrader is a trusted broker that is regulated by the top-of-the-line FCA as well as ASIC. AxiTrader offers a range of trading platforms and ways to fund, with moderate spreads, and great customer service.

In the case of negative points the instruments' range is restricted only to Forex as well as CFDs as well as there's no option to educate beginners through courses.

10 Points Summary

Is AxiTrader secure or is it a scam?

Axitrader isn't a scam but it was voted for time and time again to prove its credibility, offering the lowest risk Forex trading.

AxiTrader operates under license and licensed by two major authorization bodies Financial Conduct Authority (UK) as well as the Australian Securities & Investments Commission. Because over-the-counter derivatives are a significant source of risk, traders must be confident they're dealing with an honest service, which is only provided by a licensed broker.

In this instance, the client's funds are kept in separate accounts at top banks and protected by compensation schemes. In addition, any online transactions, executions or manipulations of traders are encrypted and abide by the operating guidelines.

Instruments

A single MT4 terminal user is able to access the complete array of the widely-presented by the company's trading options that include Forex, Commodities as well Indices and CFDs, Bitcoin or Cryptocurrencies can be traded in the same manner as the major currencies. The broker is able to cover the most challenging market to trade on, additionally UK residents are able to benefit from trading with the spread bet option.

Types of accounts

AxiTrader is divided into two accounts: the MT4 Standard Account as well as the MT4 Pro Account.

At the initial stage, and as a novice trader it is possible to open a an account for a free 30 days trial demo accounts which comes with an imaginary balance of PS50,000 to test your the trade and test your procedure in a "real". Traders who follow Muslim Sharia rules are entitled to create an swap free account which is not restricted to swap fees on FX Major, FX Minor and precious Metals The symbols.

Fees

The difference in AxiTrader pricing is based on the specific requirements for traders and Standard account fees are included in the spreads. They start with 1 pip, and 0 pips for the Pro Account and committeemen up to 7$ per round.

Another expense to consider when trading is The Swap Fee or an adjustment that is based on the difference in yields or interest rates on the instruments that are used to make the trade. In general, AxiTrader will charge Swap Fees for Long Positions and charge Swap Fees on Short Positions.

Spreads

AxiTraders spreads are moderate and low. With AxiTrader, you'll be able to keep your costs for trading relatively low as AxiTrader offers market-friendly spreads across a broad variety of commodities, currencies and indexes (see an example table of average spreads on standard accounts). When the market is liquid, spreads could be down to 0.0 per cent, and the brokers are committed to keeping prices that are competitive accessible.

Leverage

Leverage is a well-known instrument that obviously increases the initial capital you trade with. It can also be an extremely useful instrument to increase your gains potential, however when you utilize it wisely. Be aware that the leverage you use can be used in reverse as well.

AxiTrader as a licensed broker across different jurisdictions, is able to offer different trading conditions as per the regulations are set. The Australian customers of international traders AxiTrader accounts that are registered with ASIC licensed AxiTrader account have the right to have leverage of up to 1:400..

However, those who operate by regulations of the EU FCA regulation can utilize a restricted leverage up to 1:3on the instruments of Forex. These changes took place recently and are mandatory for brokers that are authorized however, you , as a trader, can select which company opening an account. You thus, can choose of the leverage level you want to use.

Methods of Payment

AxiTrader account is able to be funded with a variety of options , including Moneybookers/Skrill Neteller, Wire Transfer, Credit Card, and BPAY. Additionally, there are a few businesses that allow transfer of funds from broker to broker, which means you can transfer your account from a different company to AxiTrader.

As a customer You also have the possibility of having a the base currency of GBP, USD, EUR, CHF or PLN and make deposits in these major currencies, too.

AxiTrader's offers No minimum investment requirement You are free to make deposits of any size.

Trading Platforms

AxiTrader is the mainstay of the technological solution via the platform MetaTrader 4, presented in the form of Web, Android, iPhone and iPad versions. It's important to know that there aren't all MT4 platforms are the same and the broker could invest in a co-located server as well as fiber optics, to facilitate more accurate trades or not.

Since the MT4 platform is popular and well-known platform with a wide range of tools AxiTrader's customers have accessibility to the automated trade executed through EAs and enhanced connectivity through an array of extensions, and trading signals that include the ability to share your strategies as well.

Additionally you can enhance your strategies with using Authochartist as an AxiTrader client , and get no cost access to flexible charts through the powerful software PsyQuotation..

For traders who are professionals, the company provides Next Generation of MT4 which is The MT4NexGen. It is packed with more advanced and proven capabilities, making trading more efficient and includes sentiment indicators, a correlation traders, alarm managers automated trade journals and additional features. The platform is at no cost to clients who create an account live with a minimum deposit of 1000$.

If you have multiple accounts can use the multi-account software Multi Account Managementr (MAM) can be the ideal and accessible solution, that permits the placing of massive orders in bulk at ease and speed without any limitations.

Customer Support

Additionally, as the broker was facing a substantial increase in the volume of transactions, AxiTrader launched operation and multilingual customer service in a variety of areas and is now covering China, Latin America, Middle East, Germany and more. In reality, it is the truth, AxiTrader is well-known in the industry of trading for its outstanding customer service.

Conclusion

We found that the primary Axi product that allows you to allowing online trading easily for students who are just starting out and also a an advanced enough solution for the experienced ones. A comprehensive array of tools. AxiTrader's primarystay MetaTrader 4 provides a efficient and competitive technological solution for trading via market and executing execution. For the critical question of margins Axi provides different leverage options. Axi, in addition, is a favorite for Australian traders as well as investors from around the world who are convinced of the Australian services they offer.