Multiple pros and cons have been discussed with comparison from other FCA-regulated forex brokers in the UK. The broker has an education center with different free training materials for traders at all levels. These materials include eBooks, webinars, video tutorials, and a glossary of trading terminologies and cover basic, intermediate, and advanced trading topics.

What are the pros and cons of Axi?

Our Axi review above explains the wide range of financial instruments for trade like oil, silver, gold, CFD, etc. Traders can choose from 50 different types of currency pairs like AUD/USD, JPY/EUR, EUR/USD, AUD/CAD, etc. The market is open 24-hours and one can trade at any point of time suited to their needs.

Bonuses and Promotions

The commission with the Pro account is slightly high but the professional account offers the best pricing. There are two different fee structures at AxiTrader that depend on the account type chosen by the trader. The Standard account is a spread-only account with no trading commission while the Pro and Elite account offers low-spread trading at the expense of a trading commission. AxiTrader is an FCA regulated forex broker that allows trading on CFD instruments through MT4 trading platform. Check all the pros and cons of Axi in the UK before opening your account at Axi. For traders of any experience level, Axi represents one of the most reliable options around.

Trading Platform Review

If you are beginner then you will be happy with the plethora of educational content available at no extra cost. You can also practice trading online with a free demo account or in a live environment with a minimum deposit of just $1. I would consider Axi to be a market leader in many aspects which I will cover throughout this axi review review. Overall, Axi are one of the most impressive brokers I have come across. They standout in so many areas, especially when it comes to market analysis, education and customer support. I find them to be a reliable broker and like that I can get easy access to trade the markets on user-friendly platforms and apps.

ASIC also stipulates that brokers should have a representative office in Australia, and cannot operate from an overseas location. Subscribing to an MT4 Forex VPS hosting service for 24/7 access will increase dependability and ensure that your positions are never disturbed. Axi Overview - A competitive trading environment for algorithmic trading and scalpers. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. With the available videos education, it didn’t take long to get acquainted with the functions and order placement.

You can set alerts for when patterns are found and it can also forecast possible stop loss or take profit levels. The alarm manager can send you customised alerts which is useful if you are monitoring multiple charts at once and do not want to be at your screen all of the time. You can still set standard alerts in the MT4 platform which do more or less the same thing. Client funds are held in secure and segregated trust accounts with top-tier banks including NAB and Lloyds. This means that client funds cannot be used for any other purpose by the company such as operating costs are hedging. Customer service at Axi is well provided for through a number of mediums.

• Axi offers a comprehensive instructional program, which makes it a great alternative for new traders.
• There are no issues with the customer support services at AxiTrader in the UK.
• An extensive FAQ section is also supported through the website which can answer many of the most common questions you could have.
• If you have a different priority, then visit our homepage and view our other forex broker comparison charts.

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. Trades from signal providers are placed automatically within your account and can be stopped at any time. You can follow multiple signal providers and do not need to be at your terminal when trades are placed. Risk parameters are flexible and can be set according to your own preferences. You will find a good choice of trading tools that can be used for assisting with your trading.

All information comes from providers’ websites with each provider offering free demo accounts to trial their offering and trading currency. MT4 Standard Account offers 80 currency pairs, no commission, no minimum deposit, free setup, and download. You can customize your trading dashboard by dragging and dropping your favorite charts and analysis tools. It is very easy to use and offers access to the full range of instruments, from Forex and Commodities to CFD Indices.

Beginner traders have access to a well-presented educational portal, and I think the PsyQuation trading analytics platform represents the best tool for traders at Axi. I also like the hassle-free withdrawal process at Axi, while Autochartist offers a much-needed plug-in for the MT4 trading platform. Overall, I can confidently rank Axi as one of the best Forex brokers operational today. While Axi offers a demo account with flexible options concerning the account balance, base currency, and leverage, it is limited to 30 days.

One click trading directly from the charts is also available which is perfect for scalping, and price alerts can also be set. All round, this makes for a highly customizable trading experience at Axi. With Axi, there are a wide range of trading platforms and tools available and at your disposal.

Open direct channels of communication with professional traders and highly experienced analysts, then trade alongside them as they take on the markets every day. The forex news feature provides you with the latest forex news directly into the platform. You can add your favourite news feeds and follow traders from social networks.

From the high performance MT4 terminal you can access Axi’s full selection of trading instruments. You simply download and install MT4 for PC or Mac and login to your account to start trading. MT4 has a user friendly interface with a range of benefits and features including technical indicators for analysing charts, automated https://forexarena.net/ trading, one click trading, flexible charts & tools. An advantage of the Axi MT4 is that they have invested in co-located servers and fibre optics for faster trading. I have tried many brokers over the years and found them to be one of the best brokers for trading online within a secure and highly regulated environment.

On the other hand, when it comes to pretty much any other asset class, they’re well below their competition. The standard account requires no minimum deposit, has variable spreads starting from just 0.4 pips and charges no commission. This account does not have the lowest spreads but on the plus side, there is no commission fee.