This probably won’t be required by the average day trader but if you are using a strategy that needs the lowest spreads and quickest execution possible, this could be a solution. However, it is quite complex and therefore catered more towards professional traders. If you do need a FIX API, I would compare this solution to what you can get with Valutrades.
Bonuses and Promotions
Since this demo account only lasts a month, you can’t go back to it to try a new strategy once you have been trading for a while. Axi offers Forex traders a well-regulated, trustworthy, and competitive trading environment. Some industry publications place it among the Top 10 Forex brokers by trading volume.
Customer Support
It’s a shame that a good trader like Axi is offering only one trading platform despite it being the best in the market. There is, for example, MT5 which is an upgrade from MT4 and other platforms. In my opinion, it might be the broker wanted to focus their efforts on 1 platform and put all the tools and details in only one place to make it easier for the customers. Both Axi and IC Markets offer MetaTrader 4, but Axi is known as an MT4 specialist. They have optimised their services around this platform, ensuring traders get the best MT4 experience. IC Markets, on the other hand, offers multiple platforms including MT4.
Axi Features
This is a significant advantage for traders looking to minimise costs. On the other hand, Axi’s focus on MT4 ensures that traders who prefer this platform get the best possible experience. If the MetaTrader platform is not to your liking, then you can consider cTrader.
- Also, it was shown throughout this Axi trader review, that the funding methods are quite various where you get to choose the most suitable channel for you.
- To open a demo account, you have to enter your name, email address, phone number, and country of residence.
- PsyQuation is one of the world’s most advanced data analytics platforms for retail traders.
Education & Analysis
Since AxiTrader believes that traders should implement their own trading styles and strategies, it allows them to use third-party trading signal technologies on its MT4 platform. You can open a spread betting account to place spread bets and enjoy axitrader review tax free profits. Apply leverage to maximize your profits, but understand that you also increase your risk for loss. The parent company AxiCorp Financial Services Pty Ltd changed its brand name Axitrader to become Axi at the end of 2020.
Is Axi Regulated in Europe?
Founded in 2007, we’ve grown from a two-person startupto an industry-leading online trading company,trusted by thousands of traders. To help ensure you have more money left to trade with, Axi charges no fees for funding and withdrawals to or from your trading account, up to a value of $50,000 per month. If you exceed this monthly Fee Free Limit, they do reserve the right to pass on your Neteller and Credit card transaction fees. This is pretty much standard practice and not a deal breaker for me. If you have further questions, you can contact your account manager who will be happy to help.
However, it’s always important to consider other factors such as customer service, trading environment, and trustworthiness when choosing a forex broker. AxiTrader https://forexbroker-listing.com/ offers support and service to its clients whenever they need it. The broker has an international team of customer support representatives from 12 countries.
Keeping this in mind, never invest more money than you can risk losing. The risks involved in trading may not be suitable for all investors. ECS doesn’t retain responsibility for any trading losses you might face as a result of using the data hosted on this site. Traders should still be well-equipped to trade with Elite CurrenSea’s Wizz, Camarilla indicators and SWAT or CAMMACD tools.
The MT4 WebTrader is a platform that can be used directly from your browser, and it gives you access to MT4. They are now present in over 100 countries and have over 40 thousand clients. Learn everything you need to know about futures trading and how it works in this guide. Autochartist automatically finds Fibonacci patterns such as extensions and retracements as well as chart patterns such as Triangles, Wedges, Tops and Bottoms.
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 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. Equity CFDs are notably missing, which is a negative in my book as I trade them, but Forex traders have a good selection. Rates, terms, products and services on third-party websites are subject to change without notice.