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. It seems deliberate and it took me a while to realize this after experiencing several setbacks. No minimum deposit is required when opening up a Standard or Pro account with Axi.com. However, depending on how you fund your account you may have to deposit between USD 5 and USD 30. Take note that all the promotions offered here have nothing to do with clients who open up an account and trade in the “normal” way. These bonuses are incentives, and the qualified rewards apply in different ways depending on the promotion in question.

By hosting trades on VPS, AxiTrader allows you to connect your platform from any place with a network connection for easy trading anytime, anywhere. 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.

However, the company delays this process in any way, promises and provides false information. I demand to provide me with confirmation of sending money , they refuse to do this. All withdrawal requests from Axi are processed within 1 to 2 business days. Consideration has to be accounted for in terms of bank process times and other payment method processing times. Lastly, they also have a referral program where clients can earn up to USD 15 on every traded lot. This is based on 3 points rebate per 1 lot of Silver.fs or XAGUSD on Standard accounts, and each referral trades at least 1 lot Silver.fs or XAGUSD per day special.

This is a great deal for any trader and we hope you take advantage of it. Our forex trading platform is able to provide competitive spreads thanks to our network of tier-one prime brokers and liquidity providers; global banks and financial institutions. These trusted sources give us access to a wider pool of liquidity.

There is also a MAM account and social-trading via the Myfxbook AutoTrade. Trading costs at BlackBull Markets are one of the best across the industry. The commission-free mark-up is 0.8 pips or $8 per 1.0 standard lot, while the commission-based alternative commences from 0.1 pips for a commission of $6 for a combined $7 fee. While Axi lists a minimum spread of 0.4 pips or $4 per 1.0 lot, the average trading cost remains similar to BlackBull Markets. Once considering swap rates on leveraged overnight positions, BlackBull Markets pulls ahead of Axi. Traders will face third-party payment processor costs, but BlackBull Markets also levies a $5 withdrawal levy.

Customer service

You can also useCopy Trading, another social trading feature. This allows you to identify successful traders and follow their trades, which are then translated into real trades in your own axi forex broker broker account. To access this feature, you have to download the Axi Copy Trading platform, then link your MT4 account to it. After these steps you can start searching for traders to copy.

• Axi have been untruthful to me for months while I awaited my withdrawal.
• Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.
• This is useful for those who need to access their account whilst on the go from differing locations.
• Autochartist continuously scans the market for customised trade opportunities, based on realtime pricing and your specific trade setups, then alerts you to potential trades.

However, the news section lacks charts and other visual elements. Axi has a great mobile trading platform, we really liked its design and user-friendliness. After you download the MT4 mobile trading platform, you have to access the Axi-Live server. Axi has a great mobile trading platform, offered by MetaTrader 4. It is well-designed and user-friendly, with a good search function. The web trading platform of Axi is highly customizable and has a clear fee report.

Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary.

This shows me that they are a broker who wants to encourage informed trading decisions. 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. The sentiment indicator will give you an insight into what positions other traders are taking.

How was the rating of Axi performed compared to other brokers?

You can trade from your computer or mobile with all of the tools needed for analysing the markets, placing and managing positions. One of the top forex brokers in the forex trading market is AxiTrader. Over 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. Originally founded in and rebranded in 2020, Axi is a reputable Australian FOREX broker that’s used by millions of traders and investors.

The market scanner provides statistically significant market movements and identifies important price levels that are catalysts for market movements. At Axi, there are more pairs to trade than most other Forex brokers. These include majors (EUR/USD, GBP/USD, and USD/JPY) and minors (NZD/CAD, EUR/JPY, and GBP/NZD), and exotics (EUR/NOK, USD/SEK and EUR/ZAR). We were also impressed that beginners have access to high-quality, structured learning material and frequent market analysis. SaaSHub’s Down Detector checks the status of services automatically and regularly.

Free to all Axi clients, it works like your own private trading coach, analysing trades, identifying potential mistakes and giving you tailored alerts with the aim to improve profitability. My accounts manager reached out to me and was efficient to resolve the issue I was facing on my account! I’ve made a request to withdraw my commission and I know it should go through given Axi’s reputation as a global broker.

The global financial authority in Dubai Financial Services Authority also governs the workings of AxiTrader. Being a heavily-regulated broker, AxiTrader is widely considered safe. In 2020, the broker is compliant with several top-tier authorities. 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.

Complete a few questions to verify your understanding of the trading process. We are showing the fees based on a week long $2000 long position on two different indices. All monies received from clients are banked and held on trust and dealt with in accordance with the Australian Corporations Act 2001, and Regulations made there under. It goes against our guidelines to offer incentives for reviews.

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!! Am just imagining if this happend during live trading urgent action required !! Can’t trust them again, they have serious system issues, support is bad late reply non profissional reactions. In order for us to investigate this matter, please email us your full name, account number, and the details of your concern to or provide it on the Trustpilot request we sent. Or at least inform the client about the dates and the products of the rollover when you see that traders use them. Axi have been untruthful to me for months while I awaited my withdrawal.

Do I Have Negative Balance Protection with This Broker?

Additionally, the spreads of all Axi’s account types are competitive in the industry. Therefore, its clients are satisfied with a simple and transparent trading environment. People of any experience level can get an accessible customer support team from it. Moreover, this broker offers deep leverage options and the ability to use some useful third-party trading applications. Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees.

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. Please be assured that we are doing our best to resolve this as quickly as possible.

Axi Review Conclusion: Reputable Broker with Easy-to-use Platform

There are some changes according to ASIC but they hardly can answer anything. We’re sorry to hear that you’re having difficulty with your withdrawal. We’ll work with you to resolve this issue as soon as possible. Then they ask me to add in my bank details via the portal which i told them i have problems doing it.

The feature ensures that no trader accounts lose money when trading remotely from their mobile devices or web browsers. 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. AxiTrader’s pure Forex accounts have the privileges to select assets and indices with proper diversification. Moreover, AxiTrader helps new retail traders start their first trading account before becoming advanced traders and running into the platform’s limits sooner or later. From beginners to seasoned traders, AxiTrader has enveloped the globe by becoming an efficient ecosystem of traders, brokers, and trading platforms.

We tested Axi’s MT4 app on an i-phone 11 and found that it synced well with the desktop and web trader versions. It allows traders to monitor and modify their trades, manage their accounts, add stops to positions, and delete orders. Traders can also follow the latest research and trends on real-time charts. We were impressed to find that both Axi’s minimum deposits and ongoing trading costs are significantly lower than most other brokers.

An online trading course by AxiTrader is available for new traders, giving them access to all the tools that train them in becoming a better trader. This AxiTrader review finds the training aspect of the software quite impressive. Outsourced training is further complemented by in-house educational content, which contains high-quality https://forexarena.net/ articles. Several AxiTrader reviews reveal that the broker does ample market research to provide its users the best-in-class information. The bulk information from multiple authentic resources is scanned and filtered to identify high-value data. This information collection process is outsourced to Autochartist or PsyQuation Premium.