Axi Review 2024: Pros, Cons, & Is It Right For You? United States

CategoriesForex Trading

axi review

I don’t need to watch charts all day if I can set Autochartist to do all of the leg work on my behalf. The correlation trader will show you the correlation between different instruments and can help to find potential trading opportunities and for order management. This regulation gives me confidence that they are a https://forexarena.net/ broker who I can trust with my funds, so I am able to focus on my trading without any worries. I would always prefer to use a regulated broker as they should always operate in a transparent manner. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.

Axi Mobile Platform

This again features no minimum deposit with an even more competitive starting spread. This spread starts from 0 pips although there is a $7 per round turn commission on forex trading. This is still very competitive in comparison with other major brokers. Again you will have access to more than 140 tradable markets with the same range of great additional features. The platform provides numerous account options that are ideally suited to the requirements of certain clients.

Spreads & Commission

It will show you patterns found on an instrument of your choice with a pattern quality rating. You can set alerts for when patterns are found and it can also forecast possible stop loss or take profit levels. The session map simply shows you the different markets opening and closing times.

About the Editorial Team

This is the most popular version of MT4 that is used by millions of traders across the globe to trade the financial markets. 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 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.

Additionally, the platform provides bilingual customer service by phone, and you can call them on any of their lines depending on your location. Axi is a global and multi-regulated forex broker with Headquarters in Australia. Traders of varying levels can access the Axi Standard Account, which has no minimum deposit requirement. With spreads that begin at 0.4 pips and zero transaction fees, traders have affordable entry into all markets on the MT4 platform. 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.

You can choose from the standard or pro accounts that are flexible depending on your individual needs. I appreciate that all of the accounts feature simple and secure funding, advanced trading platforms and powerful tools for finding trading signals. Axi cater for all levels of traders with their leading trading technology being advanced enough for the more experienced traders whilst being simple enough to use for the less experienced. The powerful and reliable trading platforms are available in numerous languages.

  • For a full comparison, we decided to take a full combination of their fees in all accounts and compare them against the same standard offered in other leading brokers.
  • The bulk of Axi research has been outsourced to Autochartist and PsyQuation Premium.
  • Use the economic calendar to keep track of any important future events that may have an influence on the market in which you are trading.
  • Axi stands out as a powerful forex and CFD broker that serves a diverse range of traders, from beginners to seasoned pros.

Again here you will be glad to find there is no minimum deposit needed. Considering the downsides or limitations of the broker, there are a few points to mention. The number of available assets at just over 130 may be a concern for some experienced traders though the list does include forex, index, commodities, and cryptocurrencies. The Copy Trading app is the only proprietary trading platform Axi offers. Finally, the Axi trading platform allows traders to secure their funds by using the stop-loss function. Attitudes to Axi on Reddit are generally positive, though there don’t seem to be too many threads about this broker on Reddit.

The volatility analysis gives information related to the volatility of markets at any given time with an adjustable risk parameter to identify instruments that meet a certain volatility criteria. It is important to emphasise that signal performances are based on historical performance and there is no guarantee on future performance. If you are looking for a dedicated social trading platform, then eToro would be my top choice. You will find a good choice of trading tools that can be used for assisting with your trading. I like that they are providing signals, chart analysis, multiple account management and more. I personally prefer the MT4 desktop platform as it has all of the features and functionalities.

axi review

We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. The Prusa Original MK4S is a great machine, and the improvements in quality are noticeable. It has a reputation for reliability, is very upgradeable and is backed by both a loyal fan base and excellent customer service. However, this printer is made in Europe to exacting standards, and that will cost you.

MT4 is the market leader in algorithmic trading and remains the most versatile trading platform. It is available as a desktop client, where traders get the full functionality of MT4, a light web-based platform, and a mobile app. While Axi offers a demo account with flexible options concerning the account balance, base currency, and leverage, it is limited to 30 days. Therefore, I consider it pointless, as traders use demo accounts to test applications and trading strategies, which requires significantly more than 30 days. Traders have access to two account types, the commission-free Standard and the commission-based Pro. I advise against the former, which despite the advertised minimum spread of 0.4 pips, carries costs roughly three times above that and beyond.

We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. You can trade forex with a vast range of major, minor and exotic FX currency pairs with tight spreads, fast execution, flexible leverage and liquidity from 14 of the world’s leading banks. Axi offer weekly free webinars which cover a range of topics ranging market analysis, trade management, trading psychology and much more. Whether you’re just getting started on your trading journey or are already an experienced trader, there’s always something new to discover about the markets.

With low spreads and transparent fees, traders can execute transactions without worrying about hidden costs. Another benefit is the advanced charting software integrated into the platform, providing technical analysis tools essential for successful trading. Furthermore, Axi’s commitment to security ensures that traders’ funds and personal data are protected. For those seeking affordability, functionality, and security, axi forex broker Axi is a compelling choice. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Our review of Axi covers everything you need to know about opening a live account, from minimum deposits, withdrawal details and MetaTrader 4 integration, to spreads, leverage and demo account info.

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