Trader communities of the platform will be rebranded accordingly. The move to KX Insights builds on an already successful relationship between the two companies. Now, as Axi embarks on an ambitious growth plan, KX Insights will provide the scale and speed needed to deliver efficient and time sensitive data processing in real-time, natively in the cloud. The Axi Introducing Broker program offers flexible remuneration based on the trading volume the clients refer to the broker. Simply put, you refer someone to Axi, they start to trade, and you get paid.

Relatively new traders in the market will find this tool very useful. Autochartist is used to identify chart patterns by tracking indicators like Fibonacci retracements. The tool monitors the markets 24 hours a day and tells you when a trade opportunity shows up. There is a delivery of market reports, done three times every day.

Australia Securities & Investment Commission

For instance, if you open a position and you are stopped out, and the loss is more than what your account holds, Axi will cover the difference and bring your account back to zero. Lastly, Axi.com provide Trading Resources, where you can find a forex economic calendar and facts regarding their Rollovers, Exchange holiday, and dividend forecast. Axi.com has quite a bit of trading resources that are available to the public and specifically to their clients.

Our AxiTrader review was created to find out how suitable this broker is to you. They are regulated by respected agencies like FCA, ASIC, and DFSA. With all of these requirements and compliance measures, safety is ensured. The best part is that the broker manages everything well that you won’t need support most of the time.

Stock index CFD and stock CFD fees

Even the education part is outsourced to the PsyQuation Premium platform that alerts you to mistakes while trying to make you a better trader. If you want to learn more, you can access additional information. By hosting trades on VPS, AxiTrader allows you to connect your platform from any place with a network connection for easy trading anytime, anywhere.

You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. Both Axi and IC Markets offer educational support for more experienced traders. Copy trading is a great option for beginner traders who can’t trade full-time or lack experience with Forex trading. We have found that the best way for traders to choose a broker is to compare brokers side-by-side. The comparison tool below allows you to compare two brokers based on their ratings and features.

I can’t withdraw from Axi

Similarly, AxiTraders offers a 30% discount for the BeeksFX users through a coupon. It also brings down the high risk of losing money in the initial trades by simulating the outcomes of those forex trades. Axi also offers a Swap-free, no-interest account ideal for traders who, due to their religious beliefs, are unable to earn or pay interest. Whether you’re a Forex educator, signal provider or want to earn a commission referring clients, you can work with us to enhance your business.

• By hosting trades on VPS, AxiTrader allows you to connect your platform from any place with a network connection for easy trading anytime, anywhere.
• TradingCenter helps investors to improve their skills and their level of understanding regarding core mechanisms of the trading process.
• You can access 140+ currency pairs for forex markets, a $0 minimum deposit, and fast execution with award-winning customer support all from one location through MT4.
• If anyone does short-term trading like me, please be careful.
• It’s perplexing because it only takes a couple of minutes for them to process your funds, but when it comes time for a payout, it’s a different story.

Currently its not under any effective regulations, so please pay attention to possible risks. BlackBull Markets has no minimum deposit requirement, and $2,000 grants access to the competitive pricing environment. The core MT4 trading platform is available at BlackBull Markets and Axi, and neither broker presents an upgrade package. Traders get more value-added services at Axi, placing it ahead of BlackBull Markets in this category.

However, there are still a number of https://forexhero.info/ that are not within the jurisdiction that allows Axi to operate. You will need to check the accounts page to see if your specific country of residence is available. Lastly, you can also get hold of customer support via the online live chat feature that their website supports, which is available 24/5. Axi has a few ways to take care of its clients in terms of customer support. They offer the ability to call them toll-free in many regions located across the globe. One of the last “add-ons” that they give their clients, which can be added to MT4, is Autochartist.

Forex — the foreign exchange market is the biggest and the most liquid financial market in the world. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. Any opinions, news, research, analysis, prices, or other information contained on this website does not constitute trading or investment advice. We will not accept liability for any losses or damages, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Hi Ankit, thank you for taking the time to leave us a review.

Contact us directly for further inquiries about our products and services. Deposits and withdrawals to or from Axi incur no direct fees. Axi is a leading online Forex and CFD broker, founded in Australia in 2007.

The most reliable are the United Kingdom and Australia, but they have some trade restrictions that affect the amount of leverage. Saint Vincent and the Grenadines does not have the appropriate level of reliability of the regulator, but it provides a large leverage and accepts almost all traders. In 2022 Axi partnered with specialist financial services software developer Pelican Exchange to create the Axi Copy Trading app. This allows users to find top traders around the world and copy their trades in real-time, or simply to trade as an individual using the app . It offers in-depth articles on various trading topics to help and support traders improve their trading results.

It is a great app that has many indicators and tools that are available on the desktop version. Moreover, the integrated news service is also available in the mobile version of MT4. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Very disappointed with the customer service provided by this company. Despite my request to upgrade my account to their elite account since May 2022, they have not converted my account yet. They changed my account from Pro to VIP without informing me, resulting in higher spread and commission. The slippage on low volume trades, even with different order types, is very high.

Axi Select is our programme that identifies the most promising traders and turns them into professionals. Axi also extends to fees and spreads, with no fees on deposit or withdrawal. Additionally, the spreads of all Axi’s account types are competitive in the industry.

In 2020, the broker is compliant with several top-tier authorities. As its trading platform, Axi decided to focus on the popular MT4 terminal. This is the most popular platform for retail Forex trading, and it also allows you to install custom indicators and Expert Advisors.

axi forex broker is recognized by many investors for its product market coverage and the tools offered to assist clients with the implementation of their trading strategies. Moreover, the broker doesn’t distract the customer with lots of account types and unnecessary frills. There are three accounts to choose from , with no minimum deposit unless you are using a specific payment gateway. There are offers in terms of getting other traders to sign up, and you will be rewarded via the IB program, affiliate, or referral program. You can check out their live forex rates in terms of spreads here. Remember that some brokers may not charge a commission but will take an amount based on the spread (bid/ask price).

The standard debit cards can be linked to the account to transfer money back to the account. No AxiTrader fees are imposed on the withdrawal of funds from an AxiTrader account. MT4 WebTrader also makes an ideal replacement for the traditional MT4 application in terms of functionality and mobility. The MT4 WebTrader is perfect for using its custom scripts to access a trading account on the go.