Tried to reset all my 3 MT4 accounts password AXI says Must be valid MT4 login. Our team is already conducting an investigation about this matter and we believe that you are already in contact with one of our representative who’s assisting you in resolving your concern. We have forwarded your concern to our Affiliate Team and they are now looking into it.

The broker could provide more video tutorials covering other topics. The broker provides some market analysis on its blog, but the information is not frequently updated to keep up with market events. We were advised to initiate our next withdrawal via bank transfer, which we did, and the funds arrived on the next day. The broker’s average spreads for the popular instruments in each market was below industry averages. We contacted the broker’s customer support team to resolve the challenges we faced.

You can use either bank card, bank transfer or e-wallets for deposits, but there are some withdrawal limitations for bank cards. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. Axi has low forex and CFD fees, and deposits and withdrawals are free of charge. Our research found that AxiTrader offers a full suite of MetaTrader 4, presented in Web, Android, iPhone, and iPad versions. Good to note, that not all MT4 platforms are created equal, as the broker may invest in a co-located server and fiber optics, in order to process more accurate trading or not.

The broker offering is good but quite narrow and limited to only FX and CFDs. Also, the availability of some assets depends on the jurisdiction in which traders are registered. The parent company AxiCorp Financial Services Pty Ltd changed its brand name Axitrader to become Axi at the end of 2020.

Overall AxiTrader Ranking

When I asked for proof of slippage due to price changes to the LP side, they failed to provide any evidence. Their actions seem to be geared towards blowing up your account. I have evidence to support my claims, including email conversations, WhatsApp chats with my account manager and screen recordings of my trading experience.

• Overall, I find the educational section at Axi comprehensive and of good quality.
• No additional fees are charged for trading index CFDs on the Axi Trader MT4 account solution.
• You should note that those are recommendations, in case you would like to use PsyQuation.
• In 2016, AxiCorp announced that it had received a significant strategic investment from RGT – a leading Australian private equity firm.

The mobile platform is powered by MetaTrader 4, providing access to over 140 trading products. The platform is designed with a clean, intuitive interface that makes it easy to access charts and technical indicators, as well as place and manage trades. One of the top forex brokers in the forex trading market is AxiTrader. Over https://forexbitcoin.info/ the years, AxiTrader has become a sought-after name in the forex trading market. The platform serves as a broker to millions of traders around the world. AxiTrader further offers a few interesting VPS service options, which are especially beneficial to high-frequency traders or those who use automated trading strategies.

Research and Tools

When you become more profitable, the MT platform starts to freeze, with no signals coming through, nor is the platform responsive. Terrible FX broker – Every second T/P trade, has slippage tat increases with trade size. Another cost you should consider while trading is a Swap Fee or an adjustment reflecting the relative difference in interest rates or yield on the underlying instruments. Typically, AxiTrader will charge Swap Fees on a Long Position and pay Swap Fees on Short Positions. AxiTrader is divided into 3 accounts – MT4 Standard Account,MT4 Pro Account, and Elite Account.

Had to report to a private service provider and its in progress. However, the document provided is not sufficient for the verification of your account and it has been Rejected. Justin Grossbard is the Strategic Head Of Research at CompareForexBrokers. Currently, Justin contributes to over 10 leading financial sites from Finance Magnates to Kiplinger and has published over 100 industry-related articles including a recent book. An expert on forex matters, he is on multiple boards and a member of the Australian Institute of Company Directors.

Whether you’re a beginner or a seasoned trader, you can choose from live accounts or 30-day demo trading accounts. The forex pairs offered comprise 80+ major, minor and exotic currencies, accommodating the global market to accommodate forex clients around the world. With operations in Australia, the UK, and around the world, AxiTrader has a truly international flavor. Australia-based Axi is a low-cost forex broker ideal for those who need some extra tools to build their trading strategies. It has low forex fees and a great forex pair selection, compensating for a less impressive CFD lineup.

Trading Platforms of AxiTrader Broker

As well as all online transactions, executions, or traders’ manipulations are fully encrypted and follow operational guidelines. This means that in addition to classic currency pairs such as AUD / USD, GBP / USD and EUR / USD, there are also minor and exotic pairings. Minor, exotic and cross pairs can have more movements due to thin liquidity which can present significant profit opportunities albeit with a more high risk. In 2014, an Investment Trends report found that Axi forex broker had the strongest brand association as being ‘trustworthy’. This was backed up in 2017 when the Investment Trends Australian forex broker report gave it the highest overall client satisfaction.

It is a financial service provided globally and is legit for users in the countries regulated under its authorities. AxiTrader and AxiCorp Financial Services Pty LTD are two different entities. The latter is the corporate owner of all the operating subsidiaries. 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. The feature ensures that no trader accounts lose money when trading remotely from their mobile devices or web browsers.

While it is great that you have so many options for trading with the MT4, we would suggest that you err towards the computer client. This is because it is easier to complete your charting on this and there is also much less latency than there is on a web version. The MT4 platform is available to either be traded through your web browser or on the computer client. The latter is available for download on the AxiTrader platform and is available for both Windows and Mac machines. You also have to consider the risks that come with leverage of up to 400x. While this could be a great way to enhance your returns there is also a large downside risk.

Forex With an Edge

These traders will be chosen by Duplitrade based on their database of successful traders. A dedicated multi account manager is provided to all the traders operating an account. The account manager assists the traders with the training of trading and other market information, and also helps them improve their trading style. The primary reason why the AxiTrader Forex trading platform prefers to use the popular MetaTrader 4 is that the application is built for traders of all experience levels. Traders can opt for similar order types and order time limits as AxiTrader’s web platform. However my withdrawal on my commission on bringing clients has been unsuccessful since June!

This could help you by making suggestions which could significantly improve your trading performance. Hence, if you already have an account with one of these providers then you can link up your account with them. If you do not have an account then you can easily create one straight from the AxiTrader website.

AxiTrader Alternatives

While Axi does not offer deposit bonuses, it presently maintains two promotions for affiliates. Both are well-structured, and Axi focuses on growing its trader-base with long-term clients, a move I find business-savvy. I also a girl’s guide to personal finance believe that the trading conditions at Axi are better than any deposit bonus and the absence of it non-essential. Axi provides traders with 50 currency pairs, six cryptocurrency pairs, 20 commodities, and 31 index CFDs.

AxiTrader platforms do not require upgrades as the service delivers them with their most powerful versions. It uses MetaTrader 4 as its dominant trading platform, and this standard approach helps it attract retail traders. A free-for-all feature of AxiTrader, PsyQuation Premium, helps its clients maintain a minimum balance of $500 with monthly trading of one standard lot. It is an advanced trading tool that can provide smart forex trading signals through its comprehensive forecasting, quantitative analytics, and market indicators. Axi offers a trading account for Islamic traders due to religious beliefs. Islamic trading accounts featuring no swap fees or interest payments.

Please note as soin as we will receive the funds we will add to your axi trading account. Please read AxiTrader Reviews below and share live trading experiences with this broker. It is regulated by ASIC , FCA the FSA , DFSA , and a member of the non-government Financial Commission.

They also allow you to do a volatility analysis that employs performance statistics. With these, you get a clear picture of the market and what you can expect to get if you start trading. Having an Automated Trade Journal will allow you to record your track record automatically.

The lot commission is about $7 or the local currency equivalent per round trip. The VPS tool is very important for those traders who are using computerized trading strategies. In 2014, many financial investment reports claimed AxiTrader to be one of the top-notch and most trustworthy forex broker brands in the financial market. However, AxiTrader provides a splendid mobile trading application based on AxiTrader review 2023 on any Android and iOS mobile device. The client funds of the UK enjoy coverage from the Financial Services Compensation Scheme of over £50,000 in a highly unlikely case when AxiTrader becomes bankrupt. Worst forex firm I ever seen, I registered then I could not login again, am wondering system asks for Mt4 credentials while am not able even to login to my dashboard to open mt4 account!!