Axi Review 2023 Is Axi Safe for Trading Forex? Overview

I think it is fair that they require a certain volume to cover the cost. I actually pay a third-party provider around $30 per month for a VPS. It is a vital tool for me as I need to simultaneously run multiple MT4 platforms 24/7 for my automated systems. If you think that a VPS would be useful to your trading activities, Key to Markets also give you free VPS access if you trade enough volume.

Since 2007, Axi has helped tens of thousands of traders in over 100 countries gain essential skills to take on the financial markets. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review. With Axi’s MT4 video lessons for beginners, you can learn how to utilise the world’s most popular trading platform. Executing trades and opening and closing positions is uncomplicated, and with the windows and buttons making it straightforward, you can successfully place trades several different ways. It should also be noted that deposit and withdrawal options are easy to find on the Axi client portal and moving money around the ecosystem is generally streamlined and stress-free. A tool like Autochartist helps traders to make more consistent and informed trades.

There are thousands of signal providers to choose from and you can share your own strategy signals. I personally prefer the MT4 desktop platform as it has all of the features and functionalities. I actually run multiple instances of the MT4 platform to try out systems on different brokers. You shouldn’t have any problems opening charts, loading indicators, setting alerts, entering and managing positions. MetaTrader 4 is the smart choice for online traders looking to hone their trading edge. Simple for beginners and full of advanced tools for pros, the MT4 platform helps you unlock new trading opportunities.

  • On Autochartist you can choose the instruments that present interest for you and set alerts for emerging and completed trading patterns.
  • Trading with MetaTrader 4 is free of cost, and traders can easily download the trading platform on desktop or mobile devices.
  • This course allows you to learn from accredited tutors and elite traders.
  • Deposit and withdraw funds using our fast, flexible payment options.
  • It is a forex education feature that provides education to all the Axi brokers via tutorials, videos, tips, eBooks, and tools.
  • That means that in the case of financial struggles or if the company faces bankruptcy issues the clients’ funds are not affected.

There is always someone from the support staff available with offices in Sydney, London, Dubai, and Chisinau to answer its customer’s general or technical issues. Customer support is available in 12 different countries and six different languages. From my research, clients have mixed experiences with Axi customer support.

Axi Review: Fees

Full of features and optimised for lightweight web-based performance, WebTrader gives you perfect functionality with the flexibility to trade using any internet browser, on any device. Axi MT4 offers multiple languages; however, changing the language option in the android device is a bit tricky as it works with the default language of your device. Axi MetaTrader 4 platform is highly customizable with free reporting features. Although there are not any significant updates in the design and it doesn’t have two-step login features, it is available with a wide range of trading-related features. Axi platform provides a comprehensive feature of the MT4 platform, which is available on all devices with any operating system.

  • However, they have some drawbacks too, such as, they could increase the product range and improve the fundamental data.
  • If you want to take advantage of this tool, BlackBull Markets are an alternative option who also have it.
  • You can benefit from a variety of simple deposit and withdrawal methods for convenient account funding.
  • Axi offers a rather limited selection of around 130 instruments to trade in total.
  • Axi is a reputable award-winning broker known for its industry-leading trading products and services.

These factors can all help you save in the long run and make sure you have the best conditions for your trading strategies to thrive. You can benefit from a variety of simple deposit and withdrawal methods for convenient account funding. They have a decent selection of useful trading tools, educational resources, and 24/5 customer support. Axi forex and CFD broker is ideal for experienced traders who can rely on their professional skills whilst also having everything in place that a beginner needs to succeed. The broker offers a quick fully digital account opening process that should only take a few minutes to complete. There is even the option of a free demo account to give them a try without making a financial commitment.

Axi Pricing

Some might get a quick response and exact answer to their query, and others would not get a desired response. On top of that, customer support is only available 24/5, so some clients might not be able to get their problems resolved over weekends. If customer support was available 24/7 as it is at Plus500, that would be great. PsyQuation is one of the most advanced retail trading software solutions available.

App support

This means that you cannot lose more than the amount of money invested with us. Investing in CFDs does not provide any entitlement, right or obligation to the underlying financial asset. Retail Clients of AxiCorp Financial Services Pty Ltd are given the added protection of negative balance protection. axi review Beginners will enjoy the standard MT4 and accompanying tools, especially those available from MT4 NextGen, while advanced traders and can connect directly with value-added third-party services. For traders of any experience level, Axi represents one of the most reliable options around.

Axi Overview

You will then need to upload proof of identification and address for KYC purposes. Once verified, you will then be able to fund your account and start trading. Customer support is on hand to assist you during the process if required. I didn’t have any problems during signup and completed it within minutes. You can trade cryptocurrency CFDs online with Axi, provided that it is allowed in your country of residence.

Accounts can be opened in an excellent range of various currencies including AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. You simply complete the registration form and verify your email address.

Axi Leverage

If regulation is important to you, City Index are also a very well-regulated broker worth consideration. Funds can be deposited via wire transfers, credit/debit cards, and electronic wallets. However, withdrawals can only be made through wire transfers and e-wallets. Traders can choose from 11 account base currencies, a considerable advantage for traders from all parts of the world. This is because traders won’t have to pay a conversion fee if they fund their trading account in the same currency as their bank account or local currency. Also, traders can trade in the same currency as their trading account base currency.

Cryptocurrency Trading Course

Simply send support a request and they can switch your account over for you if you follow the Muslim faith. The pro account also has variable spreads starting from just 0.0 pips with a commission of $3.5 charged. This account may be preferred if you need the tightest possible spreads. This may be the case if you are using a scalping system that looks to take advantage of minor price movements. XTB also provide this service if you are a looking to buy and sell cryptocurrencies.

Axi autochartist is an exclusive plugin for MT4 that generates the charts as per the movements of real price changes. As a result, it has been seen that Muslims don’t want to invest in forex. To provide trading opportunities to Muslims, Axi has introduced an Islamic trading account, which is a swap-free account and doesn’t incur any interest in trading. As a result, to keep them active, brokers impose unwanted non-trading fees.

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